Understanding VRA Coin Market Cap and Tokenomics

VRA Coin Market Cap and Tokenomics can be a bit overwhelming, but let's break it down.

VRA Coin's market cap is a key indicator of its value, fluctuating between $1 million and $10 million USD in the past.

The tokenomics of VRA Coin are designed to encourage long-term holding, with a 5% annual inflation rate and a 50% emission rate reduction every 4 years.

This means that the total supply of VRA Coins will decrease over time, potentially increasing its value.

The VRA Coin token has a maximum supply of 1 billion, with 50% allocated to the foundation, 20% to the team, and 30% to the community.

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VRA is a cryptocurrency that allows users to pay for electricity and other services in a decentralized and transparent way. It's designed to make energy trading more efficient and cost-effective.

The VRA network uses a proof-of-stake consensus algorithm, which means that validators are chosen to create new blocks based on the amount of VRA they hold. This approach is more energy-efficient than traditional proof-of-work algorithms.

VRA is an abbreviation for "Virtual Range Arithmetic", a mathematical concept that enables the creation of a decentralized and autonomous energy trading system. This system allows users to buy and sell electricity in real-time.

The VRA coin market cap is a measure of the total value of all VRA coins in circulation. It's an important metric for investors to track, as it can indicate the overall health and stability of the VRA network.

VRA's energy trading platform is designed to be user-friendly and accessible to people all over the world. It allows users to buy and sell electricity in a secure and transparent way, without the need for intermediaries.

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The VRA economy is thriving, with over 300,000 users trusting VeraWallet for staking and earning a guaranteed 15% yield until April 2024.

The $VRA token is the backbone of the Verasity ecosystem, with 10,114,152,328 tokens in circulation.

Verasity has a deflationary circulating supply, which decreases as the company buys back and burns tokens at regular intervals. Over 242,000,000 tokens have been burned so far.

The VRA total supply is 100,114,152,328, with 90 billion Proof of View Marker tokens set aside to power the VeraViews adstack back-end, which cannot be traded.

The $VRA Token & Staking Economy is a crucial part of the Verasity ecosystem. It's used for funding advertising campaigns, staking through VeraWallet, making payments through VeraPay, and distributing Watch & Earn rewards.

There are 10,114,152,328 VRA tokens in circulation, with a circulating supply that's deflationary and decreasing as Verasity buys back and burns tokens at regular intervals.

Over 242,000,000 tokens have been burned so far, and the total supply takes into consideration 90 billion Proof of View Marker tokens that don't contribute to the circulating supply.

The VRA token is traded on a number of tier-one exchanges, including KuCoin, Bithumb, OKX, Gate.io, Crypto.com, Huobi, Bybit, and Bitfinex, with regularly high trading volumes.

Verasity has a thriving staking economy through the proprietary VeraWallet, a simple-to-use non-custodial wallet for managing $VRA. Over 300,000 users trust VeraWallet and use it for staking, with a guaranteed 15% yield until April 2024.

Here's a breakdown of the VRA token's distribution:

Verasity's 2022 roadmap is a clear and ambitious plan to achieve its goals. The company's main focus areas include increasing accessibility, enhancing user experience, building more partnerships, launching its NFT marketplace, and developing a single Verasity account.

One notable partnership is with Brightcove, a software company that will deliver Verasity's Proof of View (PoV) technology to its users. This will help increase accessibility and enhance user experience.

In early 2022, Verasity introduced a new feature in VeraWallet called CSV Export, which allows VRA holders to track their transactions history. This is a useful tool for users to keep track of their activities.

Verasity also plans to update the tournament creation flow of VeraEsports, making tour management easier. This will be a major improvement for game publishers and users alike.

The company will launch its NFT marketplace MVP in the third quarter of 2022, allowing game publishers to create, mint, and resale in-game redeemable NFT items, and users to buy and resale NFTs. This is a significant step towards achieving Verasity's goals.

Verasity has a track record of meeting its quarterly roadmap goals, and an extensive list of objectives has already been locked in for the next quarter. This shows that the team behind the platform is committed to delivering on its promises.

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The VeraCard is a physical debit card that can be used for online and in-store purchases, complementing the VeraWallet offering and providing new utility for the $VRA token.

The VeraCard is part of Verasity's ecosystem that includes VeraWallet and VeraPay, a payments app that will use $VRA as a utility token within the app.

VeraPay will enable the use of $VRA to facilitate payments and transactions, and is set to launch in Q1 2023 for selected countries.

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Verasity's VeraCard is a physical debit card that can be used for online and in-store purchases, complementing its VeraWallet offering and providing new utility for the $VRA token.

The VeraCard is a direct result of the success, security, and features of the VeraWallet, which has likely undergone rigorous testing and refinement.

VeraPay is a payments app that will use $VRA as a utility token within the app, enabling the use of $VRA to facilitate payments and transactions.

The VeraPay app is scheduled to launch in Q1 2023 for selected countries, marking an exciting milestone in the development of the Vera ecosystem.

The $VRA token will be listed on the DAMEX app in preparation for the rollout of the VeraCard, further increasing its utility and value.

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The Team Behind Verasity is comprised of experienced professionals with a deep understanding of the digital media, blockchain, and cryptocurrency industries.

David Archer, Director & Legal, brings 30 years of experience in litigation, trust law, and dispute resolution to the table. He specializes in SMEs within digital media, blockchain, and cryptocurrency, and has also spent 10+ years focusing on advertising security and performance in ad tech.

Maryam Mahjoub, CMO, has a proven track record of creating scalable, insight-driven, and user-centric products. With 17 years of experience in marketing, she has worked with notable organizations such as HL7, ConsenSys, and the Cardano Foundation.

This experienced team has a wealth of knowledge to draw upon, with a combined 47 years of experience in litigation, marketing, and product development.

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The current market data for Verasity's VRA coin is quite impressive. The live VRA price today is around $0.00375 USD, with a 24-hour trading volume of $14,371,262 USD.

As of January 13th, Verasity has a market capitalization of $36.9 million and is ranked #576 among all cryptocurrencies. However, if we take into account the total supply of Verasity, the market capitalization would be $363.1 million.

Here's a quick snapshot of Verasity's market data:

Verasity has a circulating supply of 9,798,580,942 VRA coins and a max supply of 100,249,906,818 VRA coins. The price of VRA has been fluctuating, with a 24-hour change of -7.66% and a 7-day change of -22.02%.

The live Verasity price is $0.003751 USD, with a 24-hour trading volume of $14,371,262 USD. We update our VRA to USD price in real-time.

Verasity is ranked #738 on CoinMarketCap, with a live market cap of $36,754,780 USD. This ranking can change over time, reflecting fluctuations in the cryptocurrency market.

As of Jan 13, Verasity has a market capitalization of $36.9 Million, making it #576 among all cryptocurrencies. However, if we take into account the total supply of Verasity, the market capitalization would be $363.1 Million.

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You can view the current Verasity price, total supply, circulating supply, trading volume, and market cap on CoinStats, a reputable cryptocurrency research and portfolio tracker app.

Here's a summary of Verasity's market data:

The current circulating supply of Verasity is 9,798,580,942 VRA coins, with a max supply of 100,249,906,818 VRA coins.

Verasity has seen some wild price fluctuations since its inception in 2019. The lowest price ever recorded was $0.0000752 in 2019, a staggering 4,646% drop from its maximum price that same year.

The average price of Verasity in 2019 was $0.000590. Its maximum price in 2021 was $0.0857, a 95.18% decrease from its previous maximum.

Here's a breakdown of Verasity's historical stats:

The best year for Verasity was 2022, with its price surging from $0.0004833 to $0.086.

The VRA blockchain has been active since its launch on May 18, 2018.

Over 7,810 wallets have acquired VRA tokens, demonstrating a strong community presence.

The total number of successful token transactions to date is 87,791.

These transactions have resulted in a significant distribution of wealth, with the top 100 richest holders controlling 93% of the total VRA tokens.

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Verasity is traded on various cryptocurrency exchanges, with MEXC Global and OKEX being the top two exchanges in terms of 24-hour volume.

MEXC Global has a 24-hour volume of $525.8K, with a significant amount of VRA crypto exchanged, indicated by the large number of trades.

OKEX ranks second with a 24-hour volume of $933.2K, also showing a substantial amount of VRA traded.

Gate and Coinex are other notable exchanges where VRA is traded, with Gate having a 24-hour volume of $3m and Coinex having a significantly lower volume of $33.4K.

Kucoin is another popular exchange for trading VRA, with a 24-hour volume of $4.2m and a notable spread of 0.16%.

Here's a table summarizing the top exchanges for VRA:

ProBit Exchange is also a notable exchange for VRA, but it has a much lower 24-hour volume compared to the other exchanges listed.

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