Verasity Price Prediction: What Is the Future of the Verasity (VRA) Crypto?
Verasity Fundamental Analysis
Verasity is a Protocol and a Product Layer Platform for Esports and Video Entertainment. It aims to make the rewards for the video advertising go up on any platform for such content. To achieve this goal, Verasity created a special video player with the rewards claiming an ad, a stack based on the patented PoV Protocol, which is the only one patented technology for the blockchain in the USA. This technology helps to remove fraud from the ads and already has several projects earning from it. Verasity detects frauds straight away and records on the blockchain only the views of the real humans. Big companies are ready to pay much more for the ads when they know that the views are real.
The project was founded by RJ Mark — entrepreneur and developer of both hardware and software products for various platforms including PC/Mac, Android and iOS systems, since 1996. The other members of the development team are experienced personalities in business and finance and crypto world.
Verasity owns Esports platform and Video Publisher and calls it the most important use case for the project as it combines all of the products into one platform that already received massive adoption with almost 9 million viewers at its tournaments.
Another part of the project is Verasity.TV — an aggregator of publishers gathering the videos from 90% of the platforms used in the West (including Youtube, Vimeo, Twitch, Brightcove, etc.). The project helps publishers to get viewers and increase the revenue as per now around 2 million publishers are struggling to earn from the ad content.
One more module of the project is Esports Fight Club which has its own source of NFTs that can be validated and authenticated by its own technology. Verasity is now looking for collaborations with third-party NFT auction platforms to make PoV an industry standard.
Verasity Price Chart
Verasity price didn’t change much in the first three months of 2021 and was at the same level of $0.00075. In March the prices suddenly started to go up till it reached the highest point of $0.05 per token in the middle of April. The next few months Verasity token was declining and bottomed at a low of $0.0073 on July 20. But then again surged 230% in one day on August 17.
The analysts connect the price rise with a few points: strong and steadily growing community, the addition of NFT language to the protocol patent and reasonable staking rewards attracting more and more users.
In August Verasity price skyrocketed again as the project’s community decided to make VRA coin a measure of payment on Shopping.io crypto ecommerce website. The price was bouncing around the level of $0.05, then experienced the correction falling to $0.02 on September 29. After that token started to gain the price again until it reached an all-time high of $0.07 on October 13.
Verasity Technical Analysis
Despite the fact that 100% accurate technical analysis for Verasity cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated VRA buy-and-sell rating for selected timeframe. The summary for VRA/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Verasity Price Prediction
Below we have collected the most reliable price projections for Verasity (VRA) from popular forecast platforms.
WalletInvestor VRA Price Prediction for 2021, 2023, 2025
According to WalletInvestor, Verasity price will grow from $0.03353 to $0.0877 in one year. That makes VRA an awesome investment. The long-term earning potential is 161.56%. Predicted price for the end of 2026 is $0.288.
TradingBeasts VRA Price Prediction for 2022
Answering the question about if Verasity is a good investment, TradingBeasts say a resounding yes. In the 2021 perspective, this coin price is predicted to reach $0.0759676 with a growth to $0.0977956 by the end of 2022.
DigitalCoin VRA Price Forecast for 2021, 2022, 2023, 2025
In DigitalCoin analysis, the price of Verasity cryptocurrency will rise in the next 5 years starting from $0.0329067 as of today’s price to $0.1104927. It will go up to $0.0556039 by 2022 and continue its growth in 2023–2024. Based on this forecast, Verasity is a profitable long-term investment.
As it can be clear from the analysis cited above, Verasity (VRA) projections are rather contradictory. There is no universal consensus either about positive or negative future VRA price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Verasity projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
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Originally published at https://swapspace.co.