I present to you #Verasity, a protocol that was supposed to be the YouTube of web3 by eliminating bots that generate fake views.

The project starts with a total supply of 100 billion. However, they say that the maximum that could be in circulation over time is 1/10, or 10B, and that the remaining 90B will be used to secure the chain. Everything seems correct so far, except that no one cares about the big problem of centralization that this poses.

The project is progressing well, the community is formed and very active. Then one day, I start to take an interest in the token. After some research, I realize that there is more than 80% of the supply on #CEX, how is that explained?

I highlight the problem in their community and of course, I am banned. In fact, the truth is that not only has the team finished selling their share of the token contained in the 10B that everyone knew about, they sold it early, but that's not the worst part. They also sold 80B of the 90B that were supposed to be there to secure the chain. They've been developing for more than 9 years without any concrete product or the shadow of a web3 YouTube.

As if that wasn't enough, at the slightest little pump that happened at the beginning of the week, there was a drop of 80% in 2 hours.

And yes, I certify #VERASITY ($VRA) 100% SCAM.

Are you interested in the adventures of crypto scam detector inspectors?