Verasity Token (VRA) powers a blockchain system designed to enhance the honesty and effectiveness of digital advertising.
Understanding VRA Tokenomics
VRA tokenomics includes a total supply of 96.79 billion tokens, with 9.79 billion circulating. The maximum supply is 100.24 billion tokens. Verasity employs a deflationary model with a 'buyback-and-burn' program. In October 2023, 10 billion VRA tokens were burned, marking a significant milestone. This practice continues into 2024 with regular quarterly burns.
Key Uses of the VRA Token
VRA serves several key functions: it's used for advertising payments, viewer rewards through the 'Watch & Earn' program, and staking in the VeraWallet, providing a 15% annual yield.
What Makes VRA Different?
Verasity's Proof of View (PoV) technology uses AI and blockchain to address ad fraud in real-time, setting VRA apart with utility across industries such as advertising and esports.
VRA continues to evolve, tackling ad fraud and rewarding real viewers. Regular token burns and the implementation of PoV technology make VRA a promising project.
