Compared to similar projects such as BitTube, Verasity has more than a few distinguishing factors:
1) Videos on Verasity's system are hosted on the world's largest CDN (Akamai) rather than using unproven decentralized video distribution technology. This ensures that right from the start, users will receive the consistently high-quality experience they've grown accustomed to. Verasity’s video player technology has distributed over 8 Petabytes of data in a month and is already embedded on leading ICO rating sites such as ICO Bench. You can test our player out right now:
https://verasity.io/playerIt's also worth noting that Verasity is a video platform that's going to have high-quality premium content on it from global broadcasters and media outlets. These publishers will never be on decentralized platforms such as BitTube as they simply won't put their content on platforms that are full of copyright infringing material and illegal content which can't be removed.
2) Decentralized proprietary blockchain - Verasity’s high-performance proprietary blockchain will provide the throughput required to support microtransactions at scale, overcome congestion, and other issues such as users forcing hard forks.
3) Proof-of-View™ (Patent Pending) - Ensures accurate and secure audience metrics, allows for independent auditing, and tackles issues such as ad-fraud and fake/bot views.
4) Spark Marketplace - Think the next evolution of crowdfunding where users will be able to directly fund the growth of content as well as fund projects such as feature films and then receive an on-going share of the success in VERA.
5) Economic Model - Working with Dr. Christian Jaag (founder of the Centre for Cryptoeconomics), Verasity has commissioned one of the most extensive economic analyses ever undertaken on a crypto-economy. The model, which was created off the back of thousands of simulations and stress tests, is designed to create a stable economy with a 3% inflation rate. More information can be found at this link:
https://verasity.io/documents/verasity_economics_eng.pdf6) vDaf - a suite of online video platform products designed for international broadcasters and large media outlets. Verasity's suite of products will allow them to use our video platform, CMS, proprietary player with integrated wallet, analytics, Proof-of-View technology, and last but not least our robust monetization system that allows donations, pay-per-view, monthly subscriptions, and the revolutionary Spark Marketplace.
7) Token Compliance - Verasity is SICOP (Sustainable ICOs Protocol) compliant meaning that Verasity is committed to conducting a safe and secure ICO, maintaining good practice and ethics. Further information is available:
http://sicop.tokeny.com/verasity-tokeny-u180301