Verasity Price Prediction 2024, 2025, 2030, 2040 - The future of Verasity (VRA)

Verasity is an open-ledger ecosystem that aims to bring trust and transparency to the digital advertising and payments industry. Verasity’s patented technology, Proof of View, is designed to prevent ad fraud and reward users for watching video content. Verasity also offers payment solutions and a staking ecosystem with 15% yields guaranteed until April 2024. In this article, we will explore the potential future price of Verasity’s native token, VRA, based on various factors and scenarios. We will also analyze the current market trends, technical indicators, and expert opinions on VRA’s price performance.

Disclaimer: SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.

Verasity Overview

What Is Verasity (VRA) crypto? 

To understand what is Verasity, we should dive deeper into its concept. Verasity (VRA) crypto is an innovative open-ledger ecosystem focused on combating advertising fraud and offering unrestricted access to infrastructure for publishers and advertisers. It incentivizes users for consuming video content while providing robust payment solutions and a lucrative staking system yielding 15% returns until April 2024.

Leveraging a dynamic blend of AI, ML, and advanced blockchain technologies, Verasity is spearheading a groundbreaking advertising landscape through VeraViews, facilitating accessible transactions via VeraWallet, VeraCard, and VeraPay, and revolutionizing the attention economy with its patented Rewarded Video module.

At the heart of the ecosystem lies the VRA token, serving as a versatile utility token for financing advertising initiatives, staking in VeraWallet, executing transactions with VeraPay, and dispensing Watch & Earn rewards. With a deflationary circulating supply, Verasity strategically plans token buybacks and burns using revenues generated from its robust advertising ecosystem.

Platform has a few key features that are worth pointing out:

1. Patented technology, Proof of View, is designed to prevent ad fraud and reward users for watching video content.
2. VeraWallet offers industry-leading security and cold storage to keep users’ funds safe.
3. VeraPay enables fast and cost-effective transactions, setting a higher standard in the realm of blockchain technology.
4. VeraCard provides a convenient and secure way to spend VRA tokens online and offline.
5. Staking program offers a guaranteed 15% yield until April 2024, creating a deflationary pressure on the token supply.
6. Governance model allows token holders to participate in key decisions and shape the future of the ecosystem.

Verasity’s rivals

When we are talking about the competitors on the crypto market, it’s always hard to pick a few titles, because tens of projects appear every year, becoming rivals to already existing ones. Check out some of the Verasity rivals. 

• Theta (THETA)

Theta serves as the decentralized green room, revolutionizing the backstage of digital content delivery. It provides a virtual space where creators can fine-tune their performances, while blockchain technology acts as the stagehands, making sure the show goes on seamlessly. To further understand the behavior of this cryptocurrency you might want to read our THETA technical analysis.

• Fantom (FTM)

Fantom operates as the sonic highways of the crypto world, creating express lanes for transactions to travel at breakneck speed, ensuring a swift and efficient journey for decentralized applications.

• Arbitrum (ARB)

Arbitrum is the Ethereum bypass surgery, skillfully rerouting and streamlining transaction traffic to alleviate congestion on the main blockchain. You can learn more about the Arbitrum ecosystem from a deep analysis prepared by our Analytics team.

The Foundation of Verasity

Verasity was founded in 2018 by David Orman, Chris Gale, and Scott Brown. The project aims to revolutionize the digital advertising industry by providing a transparent, secure, and rewarding ecosystem for all stakeholders. Verasity’s patented Proof of View technology ensures that advertisers only pay for verified views, while users are incentivized to watch and engage with video content through VRA rewards. Verasity has partnered with several leading companies in the media and entertainment space, including YouTube, Vimeo, Amazon Web Services, and more. The project has also received recognition and awards from various organizations, such as the Blockchain Innovation Award, the TMT Global Award, and the Digital Entertainment World Award.

The company has been developing its ecosystem and products since its first days, with a focus on innovation, user experience, and community engagement. Verasity’s VeraWallet offers industry-leading security and cold storage to keep users’ funds safe, while VeraPay enables fast and cost-effective transactions. Project’s staking program offers a guaranteed 15% yield until April 2024, creating a deflationary pressure on the token supply. Firm’s governance model allows token holders to participate in key decisions and shape the future of the ecosystem. Verasity’s roadmap includes several ambitious goals and milestones, such as expanding its partnership with Brightcove, launching VeraCard, and integrating with more media and entertainment platforms.

Verasity Token Functions

Understanding the role and functions of tokens in a cryptocurrency project is paramount for any investor seeking to make informed decisions in the ever-evolving world of digital assets. Tokens are the lifeblood of these projects, serving as the building blocks for decentralized ecosystems and blockchain-based platforms. They can represent various utilities, from governance rights and access to services to representing assets like real estate or stocks. By comprehending the specific functions a token serves within a project, investors can gauge the project's viability, potential for growth, and risks involved.

Moreover, the intricate details of token functions influence the long-term sustainability of a crypto project. For example, some tokens grant voting rights in the network's governance, which empowers investors to have a say in protocol upgrades, ensuring that their interests are represented. Additionally, tokens can determine the supply dynamics, inflation rates, and scarcity, which are critical factors in assessing a project's economic model and price stability. By grasping these nuances, investors can better anticipate how the project may evolve and adapt to changing market conditions.

Lastly, security and risk management are important in the cryptocurrency space, and understanding token functions can aid in assessing potential vulnerabilities and mitigating risks. If a token is used as collateral in decentralized finance (DeFi) platforms, it's essential to know how its value is secured, what mechanisms protect against sudden crashes, and whether there are exit strategies in place. A deep understanding of token functions enables investors to make more informed decisions, reducing the chances of falling victim to scams or volatile market movements. 

To sum up, knowledge of token functions in a crypto project is a linchpin for intelligent investment choices, impacting everything from governance participation to financial security and ultimately enhancing the overall investment experience.

VRA token operates as a versatile digital asset within the Verasity ecosystem, serving an array of critical functions that contribute to the platform's seamless functionality and user engagement. Some of them include:

Funding ad campaigns and facilitating transactions 

VRA plays a pivotal role in funding advertising campaigns within VeraViews, the native advertising module of the Verasity platform. Additionally, it serves as a medium for secure and efficient transactions within VeraWallet, enabling users to engage in various digital exchanges with ease and convenience.

Enabling staking activities and governance participation 

VRA holders can actively engage in the staking of their tokens through the VeraWallet, availing a guaranteed yield of 15% until April 2024. Moreover, VRA holders wield significant governance rights within the Verasity ecosystem, allowing them to partake in key decision-making processes that shape the future trajectory of the platform.

Facilitating seamless payments and enhancing user rewards 

Through VeraPay, VRA tokens facilitate swift and cost-effective transactions, providing users with a seamless payment experience that enhances overall transactional efficiency. Additionally, VRA serves as a rewarding mechanism for users engaging with video content on the Verasity platform, fostering a rewarding environment that incentivizes continued user interaction and loyalty.

Empowering advertisers and promoting transparency 

Verasity leverages the VRA token to create a transparent and efficient advertising environment, where advertisers only pay for verified views. By utilizing VRA, advertisers can significantly reduce the risks associated with ad fraud, ensuring that their marketing efforts yield higher efficiency and a more substantial return on investment. Moreover, this approach fosters a mutually beneficial relationship between content creators and advertisers, stimulating the growth of the Verasity ecosystem.

By encompassing these diverse functionalities, the VRA token forms the cornerstone of the Verasity platform, playing a pivotal role in creating a dynamic and sustainable digital environment for users, content creators, and advertisers alike.

Verasity Development Roadmap

In the second quarter of 2024, Verasity Crypto is set to roll out a series of enhancements aimed at optimizing the management and playback of video content. This includes the implementation of a robust Video Content Management System, offering users advanced tools for organizing their video libraries and playlists with greater efficiency. Alongside this, a revamped VeraPlayer will be introduced, promising improved performance, user interface, and features to deliver a more engaging viewing experience. Additionally, the beta testing phase for PoV Marker Tokens will commence, focusing on selected Layer-1 chains to assess functionality and gather user feedback.

Moving into the third quarter, Verasity will expand the capabilities of its flagship VeraPlayer with new integration options, allowing for seamless deployment across various platforms and devices. The introduction of Outstream VeraPlayer will further extend its reach, enabling effortless integration of video content within diverse digital environments. Simultaneously, VeraWallet 2.0 will undergo significant upgrades, including the launch of a new administrative panel and a limited release to a sample of users for testing purposes. Moreover, enhancements to account and user management functionalities will be implemented to enhance overall user experience and security.

As the year progresses into the fourth quarter, Verasity will finalize the rollout of VeraWallet 2.0, making it available to all users. This release will incorporate feedback gathered during the testing phase, ensuring a smooth transition and improved performance for existing users. Furthermore, a new offramp for VRA (Verasity's native token) will be introduced, facilitating easier conversion to fiat currency or other cryptocurrencies. Alongside these developments, there will be a major overhaul of communication features within VeraWallet, aimed at fostering better interaction between users, administrators, and support services to enhance overall satisfaction and user experience.

Where and how to buy Verasity crypto?

If you wish to buy the asset after you read the Verasity coin price prediction, you can purchase it via SimpleSwap or any other trusted crypto exchange. To become an owner of VRA through SimpleSwap, follow the easy steps below:

1. Select the cryptocurrency you would like to exchange (for instance, Bitcoin).
2. Enter the amount you want to swap.
3. Choose VRA in the second drop-down list (the crypto you would like to receive). You will see the estimated amount that you will get after the exchange.
4. Click the Exchange button.
5. Enter the Recipient's Address. VRA will be sent there. Please ensure you enter the right address.
6. Create the exchange.
7. You will see the VRA deposit address. You have to transfer the necessary sum of VRA to this address to start the exchange. After that, wait for tokens to reach your wallet.

After you’re done, you will become an owner of the VRA tokens. If you’re interested in any other crypto, you may follow the same instructions to purchase it. 

Verasity Price Chart

Here is the current data on the price of VRA.

*Information given above as of March 25, 2024

Verasity Price Technical Analysis 

Veracity (VRA) has formed a triangle pattern on the daily timeframe. Presently, VRA is trading near the lower border of the triangle and is positioned below the point of control level. Additionally, VRA is trading below both the 50-day, 100-day, and 200-day moving averages, suggesting a bearish sentiment for the asset. The RSI indicator on the daily timeframe is in the neutral zone.

VRA Technical Analysis. Source: TradingView

Verasity Price Forecasts Comparison 

Different forecast platforms have provided their views on the potential future price of VRA:

1. SwapSpace: “2025 promises to be turbulent, with prices ranging from $0.001097 to $0.021085487230147252, with TradingBeast predicting a breakthrough leading to a price rise to $0.021085487230147252.” 
   
2. Coinpedia: “According to our analysts, VRA crypto prediction for the year 2030 could range between $0.0411 to $0.0666 and the average Verasity coin price could be around $0.05385.”
3. DigitalCoinPrice: “By the beginning of 2030, the Verasity Price Prediction and technical analysis predict that the cost of Verasity will reach $0.0822, and the price of VRA should reach $0.0822 by the end of the year. In addition, VRA can reach up to $0.0761 in price. From 2024 to 2030 time gap will bring significant years for Verasity growth.”

Here is the comparison table outlining the VRA coin price prediction given by these platforms:

*Information given above as of March 25, 2024.

Currently, VRA forecast doesn’t suggest that VRA will approach the $10 mark in the nearest future.

Based on the price predictions provided by SwapSpace for Verasity (VRA), it appears that the coin is expected to experience a gradual decline in value over the years. In 2024, the price is estimated to be $0.0162, followed by a decrease to $0.0105 in 2025 and further to $0.0021 by 2030. This suggests a bearish trend for VRA according to SwapSpace's analysis.

On the other hand, Coinpedia offers a somewhat mixed outlook, with the price projected to be $0.01158 in 2024, showing a slight decrease from the previous year, but a potential increase to $0.0194 by 2025 and a more significant rise to $0.0538 by 2030, indicating a more bullish long-term perspective.

DigitalCoinPrice's forecasts, however, present a more optimistic scenario for VRA, with prices expected to rise steadily over the years. In 2024, the price is anticipated to be $0.0228, followed by an increase to $0.0285 in 2025 and a substantial rise to $0.0822 by 2030, reflecting a bullish long-term outlook.

Overall, while there are variations in the predictions, with SwapSpace forecasting a bearish trend and Coinpedia and DigitalCoinPrice suggesting more positive trajectories, it is essential for investors to conduct thorough research and consider various factors before making investment decisions in the volatile cryptocurrency market. Here are several key strategies that might be of use to you in this context: ways to perform crypto investment in a growing market, usage of ascending trend and trading channels.

Verasity (VRA) Price Forecast 2024, 2025, 2030, 2040

*Information provided as of March 25, 2024.

Verasity (VRA) price prediction 2024 

In a bullish scenario VRA price prediction 2024 is $0.009231 at the end of the year following the positive sentiment on crypto markets.

Verasity (VRA) future price prediction for 2025 

Based on our analysis, Verasity (VRA) has the potential for growth in 2025. The price of VRA will be influenced by overall market conditions and Verasity's ability to attract new users to its platform. Our Verasity price prediction 2025 is $0.0155.

Verasity (VRA) future price prediction for 2026

In 2026, the price of VRA may reach $0.0349. Veracity price prediction 2026 is driven by the increasing adoption of crypto technologies worldwide and the influx of new users into blockchain-related services.

Verasity (VRA) coin price forecast 2030 

By 2030, as blockchain technology becomes widely adopted across various industries, companies are expected to integrate platforms like Verasity into their daily operations. As a result, Verasity price prediction 2030 is near $0.0873.

Verasity (VRA) crypto price prediction 2040 

According to the long-term VRA price prediction 2040, the anticipated prices could reach a new all-time high this year. By 2040, the maximum price of the VRA Coin is projected to be around $0.1582.

In general, Verasity (VRA) coin price prediction shows a potential for a substantial appreciation in the next few years. However, this is not a guarantee and there are many uncertainties and challenges that could affect VRA’s future value. 

Please note that these predictions are based on historical data and current market trends. Cryptocurrency investments carry significant risk due to their volatility. Always do your own research or seek professional help if needed when deciding on investment steps.

A Historical look at VRA’s price 

Verasity (VRA) reached its all-time high on November 1, 2021, when the price soared to $0.086366. On the other hand, it's all-time low was on April 19, 2019, where VRA’s price stooped to $0.0051720.

Verasity/USD Pair

Verasity/EUR Pair

Verasity Correlation

During the past week, Veracity correlated with several assets. Let’s take a closer look at the positive and negative indicators. 

Positively Correlated Currencies

Negatively Correlated Currencies

Should you consider buying Verasity?

Determining whether to include Verasity (VRA) in one's investment portfolio hinges on factors like risk tolerance, financial goals, and market insights. Notably, Verasity boasts a distinctive Proof of View system, a patented solution tackling issues in video advertising and NFT fraud. This innovative system ensures real-time verification and recording of each ad view, establishing a secure and transparent approach to validating views.

Furthermore, Verasity plays a pivotal role in the burgeoning esports sector and gaming community, providing robust server infrastructure, Proof of View security functionalities, and the user-friendly VeraPlayer platform for immersive video entertainment experiences. Its rebranded VeraEsports platform, formerly known as Esports Fight Club, enables users to stream content, compete, and earn rewards, while advertisers leverage Verasity's cutting-edge Proof of View technology.

Moreover, Verasity's ecosystem incorporates various engaging features such as watch-and-earn models, esports tournaments, and video publishers, all meticulously crafted to foster user engagement and incentivize viewers. With the VRA token, users can participate in the VRA staking program, yielding rewards of up to 18.25% APY, and earn tokens through active involvement in the network, including activities like watching videos, referring friends, or organizing tournaments.

It’s important to remember that investing in cryptocurrencies can be risky due to their volatility. It’s crucial to conduct thorough research and consider seeking advice from financial advisors before making any investment decisions. Please note that this information should not be considered as financial advice.

Conclusion: The Future of Verasity (VRA)

When considering the benefits and potential challenges of Verasity, there’s a relative sense of optimism surrounding the future of this cryptocurrency. However, the path and future projection of VRA are influenced by a multitude of factors, including technological advancements, market fluctuations, regulatory landscapes, and overall adoption trends. To stay updated on VRA’s developmental journey, it’s crucial to keep an eye on the latest developments and expert analyses in the field.

Key Insights:

1. Verasity's proof-of-view protocol allows compensation in VRA crypto for video creators by verifying viewer engagement through tracking full or partial views.
2. By allowing video publishers to earn VRA each time a viewer watches their content, and rewarding viewers in the Verasity coin for their engagement, the project aims to incentivize the formation of mutually beneficial relationships between all participants in its online video ecosystem.
3. The Verasity coin found strong rebound support at technical analysis price points including an inclined resistance level, the center of its trading range, and elevated transaction volumes, signaling potential for upside momentum to continue.

Verasity Price Forecast FAQs

Here you may find answers to the most frequently asked questions about the project.

Is Verasity still a good investment? 

Verasity’s unique features and patented Proof of View system make it an interesting prospect in the cryptocurrency market. However, investing in cryptocurrencies can be risky due to their volatility, and thorough research is recommended.

Will Verasity reach $0.1? 

Some predictions suggest that Verasity (VRA) could potentially reach $0.1. However, these are just predictions and the actual price can be influenced by various market factors.

Can Verasity reach $10,000? 

Given the current price and market cap of Verasity, reaching a price of $10,000 per token would require a significant increase that seems unlikely based on current market conditions.

What is the price target for Verasity in 2025? 

Our Verasity price prediction states that it will reach $0.0155 in 2025.

Is Verasity worth holding? 

Verasity’s unique features and potential for growth might make it worth holding for some investors. However, decisions should be based on individual financial goals and risk tolerance.

Is Verasity bullish or bearish? 

The general sentiment around Verasity is currently bullish, with many in the crypto community optimistic about its future prospects. However, market sentiments can change rapidly in the cryptocurrency space.

What is Verasity used for?

If you want to get acquainted with the VRA token functions, make sure to check out the “Token functions” section in this article. There we have reviewed the core responsibilities of VRA in the Verasity ecosystem.