Veracity is a blockchain ecosystem looking to revolutionize the advertising and esports industries. Using their proprietary algorithm, Veracity rewards viewers for watching advertisements and integrates with industry giants like YouTube and Twitch. They also detect fraud in real-time using AI, eliminating the need for post-delivery fraud analysis or refunds from publishers. With their attention-based architecture, Veracity is changing digital advertising for the better and predicts a great year for their product in 2022. Despite warnings of another cryptocurrency market meltdown, Veracity is expected to rapidly rise in value and yield substantial profit via staking rewards on Vera Wallet.
Why Veracity is an Amazing Investment Right Now: All You Need to Know
Are you looking to invest in the next big thing in cryptocurrency? Veracity might just be the one for you. In this article, we will delve into why Veracity might be the best investment right now, their unique features and the potential growth in the market.
What is CoinsPaid?
Before we dive into Veracity itself, let’s talk about CoinsPaid. CoinsPaid is a cryptocurrency payment provider that won the Payment Provider of the Year award at AIBC Summit. Double security audited by Kaspersky and 10 Guards, CoinsPaid is a promising company that has a lot to offer. They partner with the Belarusian marketing agency known as BDC Consulting and their Q1 report for 2022 on Medium shows some impressive numbers. With great progress and potential for growth, keep an eye out for CoinsPaid and their CPD token.
What is Veracity?
Veracity is a blockchain ecosystem aimed at revolutionizing the advertising and esports industries. Over 30 billion dollars are spent on digital advertisements worldwide every year, but only a small percentage of that is seen by attentive viewers. To solve this problem, Veracity rewards viewers for watching advertisements using their proprietary algorithm. With the verification of Vue system, Veracity ensures that no advertising money is wasted and viewers are rewarded for watching and playing the video. Veracity’s reward layer currently integrates with major industry giants like YouTube, Twitch, Vimeo, Brightcove, and Flowplayer.
Veracity’s Unique Features
One of Veracity’s features is its real-time fraud detection, using 200 touchpoints in artificial intelligence to determine whether it is viewing content or an advertisement. This eliminates the need for post-delivery fraud analysis and refunds from publishers, making it easier for managers of advertising campaigns. Veracity also rewards its subscribers based on the number of hours spent playing or watching their favorite games, with the addition of NFTs to trade digital content.
Is it the Best Time to Invest in Veracity?
As of making this video, Veracity has a market cap of over 79 million USD, with around 4.4 billion tokens in circulation and a maximum supply of 10 billion VRA. Short-term price outlook has been bearish, with only six technical indicators giving a bullish signal and 24 bearish. However, in the long term, Veracity is a potential profitable investment due to its unique features, potential for growth in the esports industry and functional use of the token.
Veracity’s Potential Growth
According to research from Insider Intelligence, there will be 29.6 million monthly esports viewers in the United States in 2022, up 11.5% from 26.6 million in 2021. The majority of revenue in esports, almost 69%, comes from sponsorships and advertising, making it a lucrative market for Veracity. Several algorithm-based forecasting tools have provided bullish Veracity forecasts for 2022 and beyond, with potential for the coin’s average price to reach 0.0333 by the end of 2022 and 0.112 by the end of 2025.
Veracity may not be the most popular investment right now, but it has unique features and potential growth in the esports industry. It’s important to do your own research before investing in any cryptocurrency, but Veracity is definitely one to keep an eye on.