Verasity - Advertising Services On Blockchain | Crypto Academy / S5W7 | Homework Post for @wahyunahrul.

1). What is Verasity? What do you think about the performance of this platform broadly?

2). How does the Proof of View system used by Verasity validate real viewers? Explain in detail and make an illustration about it.

3). Why is "fake viewers" so detrimental to all parties related to videos and advertisements that are shown?

4). Mention and explain ways so that we can get VRA Token rewards.

5). What is VRA Virtuous Cycle? Explain it in detail.

6). Create a VeraWallet account and show the complete steps (Screenshot Required).

7). Explain what use cases the VRA Token has in the Verasity ecosystem.

8). Explain the steps on how to Staking VRA tokens (Screenshot Required).

9). Watch one of the videos on the Verasity Website and show how we can get rewards from watching the video (Screenshot Required).

10). Conclusion.

Introducing

Hello Steemians!
As we all know this week marks the 7th week of season 5 In our lovely community Crypto Acedemics.i starrchris is so happy to be writing this week assignment from our hardworking prof, to be sincere i love your lecture but the questions are lengthy, but never mind after going through the lecture i learnt something important that increases trust on social platform and i also learnt to increase my income, which is so awesome. thanks you prof. After going through the lecture by our Professor @wahyunahrul on "Verasity - Advertising Services On Blockchain" in the intermediate class, these are answers to the lecture questions. Wish you a happy and successful new year and new month.

What is Verasity? What do you think about the performance of this platform broadly?

Verasity

It's an entertainment platform aimed at entertaining customers and viewers with videos whether comedy, drama, dance, movies, music and ads. This awesome software platform was discovered and innovated in year 2018 by the famous software engineer "RJ Mark"

Verasity is a product layer platform and protocol layer platform used any type of videos whether long and short entertainment video, used to publishing and sharing videos to other viewers world wide, just like YouTube and TikTok etc it helps increase audience and view of one's videos, that is to say it increase the popularity of any type of video that has been posted on the platform. This platform is also known to reward users who uses their offical platform to watch and view videos with its offical Native token know as "VRA". Unlike other social software platform like YouTube and TikTok that some people allows auto bolts (Artificial Intelligent robotic Software)to automatically view videos and ads, in other to increase their viewers, this act are called "fake viewers".

Fake viewers are scammer and the are deceiving to other people, the deceives viewers to believe a large number of people has viewed their videos or ads and this act is wrong. Verasity helps to verify and filter the auto bolts that acts as fake users, that is to say with verasity, the illegal act of fake viewing or fake steaming or automatic viewing is can now be controlled and stopped. So therefore making value's or amount of viewers in a video legit and trustworthy. All thanks to verasity, companies and organisations who pay for advertising the products and resources will no longer be paying for ghost and fake views.

These the fake viewers filtering ability are all as a result of the wonderful Layer Protocol
innovation called PoV (Proof of view). Currently Verasity is officially collaborating or working with 8 famous platform that focuses on sharing and publishing videos and ads, thewe videos are know as

• Kaltura,
• Flowplayer,
• JWPlayer,
• Brightcove.
• YouTube,
• Twitch,
• Vimeo, and
• VideoJS.

Verasity is an serious and would be successful project because the development and management team has been working hard to improve the project, as time goes by we believe their token "VRA" price value would be larger and greater than it's today.

How does the Proof of View system used by Verasity validate real viewers? Explain in detail and make an illustration about it.

As i have said before, Proof of View (PoV) is a protocol layer developed and innovated to be use by the awesome project "Verasity", This Layer Protocol is an an AI technology created by Verasity to fight and stop the deceitful act known as fake viewing cause by auto bots that
act as real viewers.

This is an act that advertisers have disliked for a long period of time. This act has caused a lot of advertisers to lose roughly the large sum $160 Billion because of this deceitful act of fake viewing. Because of this act a lot of advertisers have lost their trust on all this social platform that are focused on sharing and publishing videos and ads to the public, this act has also affected these social platform that are focused on sharing and publishing videos and ads to the public, because these social platforms are lose their clients and subscribers and also it reduces the amount post in their platform, which results to lose to them.

Proof of View is as a result of two awesome technologies Artificial Intelligence (AI) and 200 Touch points, these two technologies due to their awesome abilities, can easily detect whether the viewers are humans or robot.

Source

A new anonymous and hashed ID will then be given to any viewer, as soon as when a user opens a new account on Verasity, so therefore every video views gotten from a user is marked.

Why is "fake viewers" so detrimental to all parties related to videos and advertisements that are shown?

Fake viewers is determintal to all parties related to videos and advertisements that are shown because, auto bots and fake view spoils the name of authors and content creators and It also cost a lot of financial lost to advertisers and advertising organization. Like i have said before fake viewing has caused advertisers to lost more billions annually, this act alone could cause a company bankruptcies and broke. This act also cause a companies to lose their clients, for example this act reduces the amount of investment and investors on the social media platform like YouTube because big investors might think their investment would end up going in vain by just feeding scammer and criminals, so at the end the social platform suffers the lost.

Mention and explain ways so that we can get VRA Token rewards.

I am going to explain how to get rewarded with verasity native token VRA token from watching videos and ads.

• Firstly i visited https://verawallet.tv/earn-vra then i scrolled downward and I saw a list of different videos and ads cannel , so I scrolled along side to see any interesting video that I can select.

Source

• I selected one awesome channel to watch their videos.

• Then I saw alot of videos then I selected one that caught my attention, I saw a the a white trophy while watching the videos

Source

• Then I redirected to their sign up page, where i was asked to register. I did input my email, password in the submit box provided. I also click the checkbox besides when writing "terms and condition" and I also click on the check box besides "I am not a robot" after which i clicked "register".

Source

• A verification code was sent to me through my email. Which I opened the copied the code so I can verifiy my account.

• The code i copied was then pasted into the box provided to me on VRA platform. After which i clicked on submit.

• I went stream the video as shown below.

After streaming the video, the showing white color changed to green color trophy. So therefore i clicked the green trophy and was redirected to Verasity official wallet.

What is VRA Virtuous Cycle? Explain it in detail.

Buying an VRA:

A buyer can make use of a Credit card or Exchange, for example buyers such as gamers, publishers and influencers, all purchase VRA token in other to sponsor their project which attracts a lot of active audiences, which results to a reasonable amount of profitable earnings.

Publishers reward VRA:

game developers, influencers, and sponsors
gets percentages form Campaign, Tournament, or Ads.

Earning VRA:

VRA can be earned by gamers, influencers, and viewers from streaming, viewing, gaming and other profitable actions.

Verasity earnings:

Some percentages % of all the activities done on verasity, get rewarded by verasity some of these activities like; tournaments, gaming, viewing, sponsorship, Ads and campaign.

VRA staking:

Just like other native tokens "VRA" can staked in other to get rewarded with some percentages of VRA, this reward are usually received on a daily base.

Cycle repeats:

The rewarded earned by game developers , sponsors, influencers, publishers are used in sponsor the funds needed of more game tournaments, campaigns and project.

Create a VeraWallet account and show the complete steps (Screenshot Required).

Step 1
For me to successful create a verawallet account, I visited verawallet official site website as shown below, then clicked on create account.

Source

Step 2:
After clicking create account, i was redirected to another page on same platform, the page asked me to input
my email address and password word in an empty submit box which i did after which i clicked check box besides "agree to the terms and condition". I then click on create account button below.

Source

Step 3:

Then a verification code which was sent was received in email, so I copied the verification code, so i can easily paste it when needed.

Source

Step 4:
Then I went back to verawallet official website, then i was asked to input my verification code, all thanks to God i had copied it already. So i easily paste it in the empty submit form box.

Source

Step 5:
Then i was redirected to another page, where I was told to either scan the QR code or i used the set up key to generate a code on my Google authenticator application. So i copied the both set-up keys and i did input them, in a space provided for them, in my goggle authenticator application.

Source

Step 6:
I was directed to another page where i was expected to input the code generated by goggle authenticator application, so i went back to copy the code, which i came back to paste on the space provided by the platform. After which I clicked done.

Source

Step 7:
So i was directed to another page where i was given a secret key so i can easily recover a lost account, so i downloaded the key by clicking on the button below.

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Step 8:
I was redirected to a page which asked me to complete account, so i clicked on the "Go to complete account".

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Step 9:
So i was redirected to a page that required i input my basic informations, like my name's, phone numberand location, so after inputing the required information i was went ahead to click on the ""Submit button"*

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Step 10:
Finally i have successfully created an account, which makes me a verified user.

Source

Explain what use cases the VRA Token has in the Verasity ecosystem.

Verasity officially native tokens, VRA can also be held or should I say staked, just like other tokens i have come across, VRA can also be used for Staking. Like i just said VRA holders can used their token for staking in other to get rewarded with more VRA tokens. For every amount of VRA token stalked the stalker get rewarded with 0.1% every day and 36% every year of the total amount of VRA stalked these rewards are gotten from the famous VRA pool.

• VIEWERS EARN VRA TOKEN
Viewers and customers who view, stream and watch videos or ads of all kinds through Verasity officially site or any Verasity officially and original technology website will get rewards in Verasity own officially native token which is known as VRA.

• PROMOTER EARNS VRA TOKEN

Users and promoters also get rewarded for inviting and referring a new user into using Verasity, this promoters are rewarded in other for them to invite more members to the platform. These promoters are rewarded with verasity officially native token "VRA".

• ADVERTISERS GET REWARDED
In other to retain and attract possible buyers an d holders who end up viewing and streaming videos and ads. Advertisers are expected to buy Verasity offical native token known as VRA token so the can reward viewers and spectator who view, stream their videos and ads.

Explain the steps on how to Staking VRA tokens (Screenshot Required).

The act of Staking VRA token can be official on verasity wallet also known as Verawallet.

Source

• After creating an account as as i have done in question number 6 above, then i logged in to my account using my account details, selected staking wallet by clicking on it.

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• After i was redirected into a new page as seen on the image, then i clicked on "stake"as shown in the image.

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• Then i was directed to a page, where i was asked to input the amount of VRA token i wish stake, so i inputted 3 VRA token

Source

• But i was informed that the minimum amount of VRA token that can be stalked is 10,000 VRA token.

Watch one of the videos on the Verasity Website and show how we can get rewards from watching the video (Screenshot Required).

• Firstly i visited https://verawallet.tv/earn-vra then i scrolled downward and I saw a list of different videos and ads cannel , so I scrolled along side to see any interesting video that I can select.

Source

• I selected one awesome channel to watch their videos.

• Then I saw alot of videos then I selected one that caught my attention, I saw a the a white trophy while watching the videos

Source

• Then I redirected to their sign up page, where i was asked to register. I did input my email, password in the submit box provided. I also click the checkbox besides when writing "terms and condition" and I also click on the check box besides "I am not a robot" after which i clicked "register".

Source

• A verification code was sent to me through my email. Which I opened the copied the code so I can verifiy my account.

Source

• The code i copied was then pasted into the box provided to me on VRA platform. After which i clicked on submit.

Source

Source

• I went stream the video as shown below.

Source

• After streaming the video, the showing white color changed to green color trophy. So therefore i clicked the green trophy and was redirected to Verasity official wallet.

Source

Conclusion

Verasity website gives viewers,and content creators opportunities to earn Verasity official native token known as VRA Token from viewing, streaming and watching playing games, videos, and staking or holding the official Verasity token known as VRA token. All thanks to Verasity official platform number of viewers can be trusted with assurance that the total number of view seen on a video or ads are real and true, that is fake viewers or auto bots can't spoil or interrupt the trust on video sharing platform, like the famous YouTube. All thanks to prof who made me understand that this was a as a result of an awesome invention in the technology word known as Proof of view (PoV). Thanks to professor @wahyunahrul for this awesome lecture, that i understood and love because i had no idea about this information.