Hey folks, yesterday a friend recommended a project on Binance Alpha, which is Verasity @verasitytech (the token's name is $VRA). It just launched on Binance Alpha yesterday, and surprisingly, it performed quite well today, so I couldn't help but take a closer look and share it with you all!
Many of you may not have been in the advertising circle, but you’ve definitely heard that it’s easy to waste money on advertising, right?
For example, when a game company launches a new game and spends tens of millions on advertising, only to find out later that half of the traffic was generated by bots, or that the platform inflated the statistics. They spent money without any results and ended up losing a lot!
Verasity @verasitytech specifically addresses this issue. They have their own developed technology and have obtained patents both domestically and internationally. As soon as the advertisement is displayed, it can instantly verify whether the traffic is real or fake, and the results are recorded directly on the blockchain, making it unchangeable.
It's like giving advertising traffic a 'demon-exposing mirror'; I think this is quite practical, not just an empty concept, many people need it.
The project background is not from a small company; it's quite hardcore. Big platforms like Google and Amazon are collaborating with them, covering hundreds of millions of users. Fields with high advertising demand like e-sports and entertainment are using their technology.
$VRA has many uses, not just for trading. You can earn rewards by staking, participate in project governance through voting, and even use it in DeFi. It’s a comprehensive token with various functions, not just a single-use one!
Let's talk about the price that everyone is concerned about. It rose from about 0.014 yesterday to a peak of 0.019 today, and now it's stabilizing around 0.015. The circulating market cap is only a bit over ten million dollars, which is obviously low compared to similar projects in the advertising anti-fraud sector. There’s still a lot of room for growth.
Moreover, the issuer has not issued tokens randomly, and there isn't much volume available for trading in the market. It hasn’t been on Binance Alpha for long, and its performance is decent. It should gain momentum from this surge, as it has risen quite a bit from the bottom in the past couple of days.
Binance Alpha is currently hosting a trading competition for $VRA, so everyone remember to participate. It’s basically a guaranteed profit, don’t miss out!
The event ends on August 10th, so there’s still plenty of time. The prize pool has 960 million $VRA, and the top 15,000 participants can share it. There are plenty of opportunities, and the barriers to entry are low. Those who enjoy trading and taking advantage of opportunities should participate casually; you might end up winning some rewards.
I have always thought that projects that can solve real problems are more worthy of attention compared to those that are purely speculative. The issue of fake traffic in the advertising industry does exist, and there is genuine demand. The future development space should be substantial. Interested folks can research it themselves and feel free to share discoveries in the comments section!
