Coinbase Earn & Brave (BAT) show benefits of Verasity Model
As I am sure you heard, Coinbase Earn launched a campaign with Brave last week allowing Coinbase users to earn free BAT (Basic Attention Token) while watching Brave educational videos and downloading its browser. Basic Attention Token is what powers the Brave Browser and since it’s partnership with Coinbase, the token spiked in price, it surged 34% as high as 34% in a 24h period.
You might be thinking, how do we feel about this? Our motto is ‘Reach, Reward, Retain’ and that is driven by our belief that the internet needs new incentives. Long gone are the days that the relationship between viewers, creators and publishers is skewed and unfair.
At Verasity we are incredibly excited to see what results the partnership between Coinbase and BAT have produced. Coinbase acquired Earn.com last year for $120m to then launch Coinbase Earn. That acquisition showed the interest in a reward based online economy, and the recent integration with BAT shows it is still growing.
Verasitys technology enables other platform and communities to benefit of the new model of rewarding users for their attention, to learn, to action.
The results and publicity achieved through Coinbase and BAT has helped Verasity as other big players in the space want a platform to replicate for their projects and user base. That is exactly what Verasity is offering.
Verasity is at the forefront of this movement. We have the patented technology that is appealing and easy to integrate to websites, exchanges and projects of all kinds, as well as non-crypto publishers.
With our first token exchange listing with HitBTC going live on the 11th March 2019 — we are working at the speed of a bullet train ensuring that the listing will be one to remember. We are also busy talking with several organisations who are interested in using our technology to help facilitate the growth of their brands.
(Read here if you haven’t seen the announcement)
This quote from Coinbase just validates what we do at Verasity:
We see these interactive, advanced lessons in cryptocurrencies and tokens as an important step toward building awareness and usage of utility use-cases in the crypto ecosystem–one where a beginner can quickly get up to speed on a token in a few minutes, actually engage with the product, and earn some of that token along the way. We think learning about crypto and earning crypto is a great way to get people to evaluate and use more utility tokens without having to buy them outright.