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Bangladesh
1 Level
1075 Review
2891.25 Karma

Review on Verasity by Robiul Islam

Revainrating 3 out of 5

A disruptive video sharing platform.

I like the idea behind Verasity, and it definitely solves an existing problem of the current ad market. While there are several competitors and unclear conditions overall, the potential of Verasity and its unique approach to programmatic ads is vast. While it is far too early to make an accurate prediction of how this project will do, Verasity is a promising project in a market space that is primed for disruption.

Also, there are some concerns about VRA that investors should consider. The main issue is the with the token and associated utility. The requirement for a blockchain makes sense, but the token could use more utilities as the staking program is the only reason for the relatively low velocity.



Pros
  • The live product is fully rolled out already.
  • The low market capitalization of below 2M USD,
  • The staking program and the buyback & burn mechanism,
  • The price could quickly appreciate in value once the demand picks up.
Cons
  • Adoption of the product is crucial for a sustainable long-term success.