Verasitya blockchain protocol focused on video monetization and advertising fraud prevention; announcement Strategic Partnership with SoonChain – A Game Layer 2 (L2) platform powered by AI. The collaboration aims to bring Verasity’s video delivery infrastructure to the next generation of Web3 games built on the SoonChain ecosystem.
Verasity’s proprietary Veraslayer is used throughout Soonchain’s gaming network and offers trailers, gameplay showcases, tutorials and other video content.
Image: Verasity
What SoonChain brings to the table
SoonChain describes itself as a developer-friendly AI integrated gaming L2 that makes Web3 development more accessible. With its mission to reduce barriers to technical entries for new developers, Soonchain is rethinking the creation of games through artificial intelligence.
Its core features include:
- Real-time transaction finality: In-game purchases and transactions are instantly reviewed, increasing gameplay liquidity.
- Cross-Game Asset Interoperability: Players can move around in different games and exchange assets seamlessly.
- On-Chain Asset Management: Virtual items are brought on-chain for safe and flexible use.
- Smart Contract Security:buckded EthereumIn the mainnet of SoonChain encrypts and validates all transactions.
According to the report, these features allow developers to create engaging, safe, maneuverable gaming experiences while maintaining fast execution speeds.
The role of Veraplayer in Soonchain
At the heart of the partnership is Veraplayer, a senior video player from Verasity that runs on blockchain rails. Creators and publishers can stream video content encrypted for viewership ratings. This prevents fraud and ensures accurate monetization.
For SoonChain, Veraplayer is the backbone for distribution.
- Game trailer
- Gameplay Video
- Product Description
- tutorial
SoonChain users and developers will benefit from smooth, high quality video delivery. At a later stage, Verasity’s Visual Field Proof (POV) Fraud detection is also enabled, allowing you to monetize with verified engagements.
Expanding ecosystem and AI integration
The Verasity-Soonchain collaboration is based on Verasity’s recent momentum. Just a few days ago, Verasity announcement Similar partnerships Astona you haveA Play-to-Airen (P2E) game that utilizes artificial intelligence to personalize your user experience.
Astrena AI integrates Veraplayer to support video trailers and movie content. Ultimately, Verasity plans to bring monetization to its platform with Veraviews, a full-stack ad technology solution.
As part of that transaction, Verasity offers Exclusive NFT Airdrop $ for vra token holder. These digital collectibles unlock in-game features and enhance player engagement within Astrena’s ecosystem.
Token Burn Strategy
Verasity also strengthened its talknomics in 2024. April 22nd, Platform It was executed the maximum vra– Denomination tokens have been burningI’ll delete it 174 million tokens– Worth at about $230,000 at the time – from distribution. This burn was explained 1.78% of total supplywill continue our deflationary roadmap aimed at long-term sustainability.
This was when Verasity was eliminated following historic burns in October 2023. 10 billion VRA tokens After one of the biggest community votes in cryptography history. Over half a million community members participated. The burns removed 50% of the maximum supply of tokens, informing Verasity’s commitment to transparency and value creation.
From niche to mainstream
Founded in 2017 by RJ Mark, Verasity first set out to fight advertising fraud and help video publishers earn more from their content. Over time, the platform has evolved from a niche blockchain project to a multi-faceted technology provider.
Some big milestones:
- 2021: I launched the Beta version of Veraviews. That advertising technology solution.
- 2021: Protected patents in the US and China are proof of viewing (POV) technology.
- 2023: Pivoting towards commercial growth with a focus on partnerships and integration.
In 2024, Verasity opened a new office Dubai Media Citylocated in one of the world’s top innovation hubs.
Why this partnership is important
The collaboration between Verasity and SoonChain is more than just a technology integration. This is a step towards unifying your videos, games and blockchain with a seamless Web3 experience.
for Developerwhich means better tools for distributing content and building monetization into the game.
for Playerwhich means richer gameplay with secure, chain asset ownership and faster transactions.
for Verasityopening a new use case for Veraplayer, proving that the platform’s core technology is adaptable beyond traditional video platforms.