How to buy VRA with INR on KoinBX

What is VRA?

This article covers how to buy VRA with INR on KoinBX, a Global crypto Exchange Platform which is available on both Google play store (Android) & App Store (iOS). Verasity (VRA) is an open-ledger ecosystem that offers payment solutions as well as a rewarding environment with guaranteed returns of about 15%. VRA is designed to give marketers unrestricted access while compensating consumers for watching video content.

Verasity has developed an extremely potent advertising ecosystem and open-access payment platform using a mix of artificial intelligence (AI), machine learning (ML), and cutting-edge blockchain technology.

The proprietary Proof of View (PoV) technology used by VeraViews to identify real-time advertising fraud is the foundation of this advertising ecosystem. To buy, store, earn, and stake VRA, use VeraWallet, a straightforward and secure cold wallet. VeraEsports enables players and spectators to participate in, watch, and enjoy their preferred esports competitions. Esports fans may win prizes through the Watch and Earn programme.

How VRA works?

The VRA token's objective is to greatly improve advertising income for video publishers on any video platform by utilising its proprietary PoV protocol layer on the blockchain through its rewarded player and advertisement stack. Nearly 40%, or $160 billion, of the $400 billion in internet advertisements are seen by bots rather than people.

Over 2 million video producers are struggling with the problem of corporations refusing to pay a premium price for ad space because they don't believe people view advertising. As advertisement fraud is found, Google and Facebook are compelled to reimburse considerable amounts to companies every quarter.

The current requirement is to analyse once the advertising content has been given at the end of an advertising campaign. Based on the real-time activity of the viewers, Verasity may readily determine if a bot or a person is watching advertising or content. There is no need to wait for a post-delivery fraud investigation or request publishers’ reimbursements because ad fraud is detected and eliminated quickly.

Verasity automatically accounts for valid advertising after the authenticity of the views has been validated. The facts are analysed during this step to provide a final score for the ad view. Verasity's technology leverages complex algorithms to ensure that only POV views are tallied. Views that have been verified are recorded on the blockchain network and published to a public database.

Token Burning:

Verasity repurchases and burns VRA tokens. Token burning entails sending tokens to an inactive or incorrect address. When tokens are transmitted to such wallets, they cannot be recovered and are permanently lost. The purpose of burning the tokens is to lower the quantity of tokens, causing token values to rise.

Applications:

VRA is a product layer platform used to handle video-based entertainment, esports, and digital content. Its unique PoV solution employs blockchain-powered Artificial Intelligence (AI), transparency, and immutability to eliminate online advertising fraud by assuring the authenticity of every user view logged in real-time on the ledger.

VRA provides dependable server support to the fast-paced esports business and gaming community. On November 8, the Esports Fight Club (EFC) platform was renamed as VeraEsports, with an expanded concept of “Watch & Earn” that allows users to broadcast content, earn money, and compete on the VeraEsports website.

VRA token serves as an entry point for esports fans into the crypto ecosystem, while also generating revenue for esports aficionados and marketers. VeraEsports gives you access to prominent gaming providers' broadcasts. Verasity's PoV patent has also been extended to encompass NFTs. Marketplaces and purchasers will be able to check the validity and correctness of NFTs thanks to the product contribution.

Peculiarity:

Verasity stores marketing campaign data using a distributed ledger backend. Verasity's objective is to eradicate advertising fraud and promote transparency for publishers and businesses across the advertising tech ecosystem. During the setup stage, the unique PoV module generates massive statistical data that is sorted by AI and employs many metrics to analyse user behaviour in addition to the pre-screening procedure. PoV may also be used to combat fraud in the existing NFT economy.

Usage Scenarios:

Staking – As part of the staking programme, VRA may be staked. The obtained incentives are dependent on the percentage of staked tokens and are proportionate. The platform now provides staked tokens with an annual percentage yield (APY) of about 25.5%.

Earning – Users can participate in the activities of the VRA network to earn tokens. Users can watch videos on the domain of a publisher or on the VeraEsports website, refer their content to others, and perform other actions to increase the popularity of a domain to earn VRA tokens.

Spending – Users may use exchanges to convert VRA coins into other cryptos. VeraWallet may also be used to exchange VRA tokens for fiat currency.

Tokenomics:

Token Name – Verasity

Ticker Name – VRA

How to Buy VRA?

Follow the below steps to buy VRA,