Verasity Receives a good “A” Credibility Rating through Major Crypto Auditor, Xangle
Verasity is very happy to announce that it has obtained an ‘A’ Credibility Rating from Xangle , the particular independent public data disclosure and assessment service regarding cryptocurrencies and blockchain tasks. Based in South Korea, Xangle is governed by the Financial institution of Korea and supported by Korean conglomerate the particular Hanwha Group; with professional officers from some of the most extremely respected Korean firms.
Xangle’s Credibility Report meticulously examines multiple aspects of task management to determine its position on the market, technical robustness, and economic stability. Passing a Xangle Credibility Report is essential in order to list on cryptocurrency trades in the East Asian country, one of the hottest locations regarding digital assets and cryptocurrency trading. As the most extensive data disclosure report plus audit in the world, passing a good Xangle Credibility Report is really a major milestone for the Verasity protocol — setting a new standard within transparency for its rapidly growing neighborhood.
Xangle carried out a comprehensive audit of Verasity’s tokenomics, management team, economic sustainability, commercial opportunities, as well as other project fundamentals. Within the review, Xangle included both on-chain and off-chain data to be able to reach an unbiased last credibility rating. All more disclosures must now stay up to date within 48 hrs of recent activity.
A financial sustainability evaluation was conducted in order to consider information such as cash plus asset holdings, and the percentage of Verasity’s digital resources that have been hedged. This makes sure that Verasity has adequate monetary runway to continue operations plus growth without embarking on additional tokensales. Xangle also executed due diligence on Verasity’s best management and executives, which includes their work experience plus prior achievements. In addition , Xangle verified existing technical review reports taking into consideration which 3rd party organization conducted the audits.
Across all the classes Verasity was rated since ‘High’, and in ‘ Technical Audit and Legal’ Verasity has been rated as ‘Very High’, giving an ‘A’ trustworthiness rating overall. Achieving the particular ‘A’ Credibility Rating places Verasity on the same credibility degree as projects such as Theta, Basic Attention Token (BAT) and VeChain.
Robert Keogh, Financial Director on Verasity, says:
“We are thrilled to have achieved an ‘A’ credibility rating from Xangle, arguably the most respected plus highest standard audit company in the entirety of crypto. We commissioned an review to give our community our own full assurance that we had been building transparently and sustainably. Our ‘A’ rating, which usually puts Verasity shoulder-to-shoulder along with giants in the crypto sector, is testament to that. We are immensely proud of what all of us has achieved. ”
Verasity will focus on its remaining objectives for 2021, including the release of VRA digital buys for gaming hardware allowed partnerships, building out more NFT capabilities, and enhancements to their ‘Proof of View’ technology.
Stick to Verasity’s social media channels to remain up to date with latest information and announcements:
- Twitter: https://twitter.com/verasitytech
- Telegram: https://t.me/verasity
- LinkedIn: https://www.linkedin.com/company/verasity
- Discord: https://discord.gg/TSmFsjdPft
- Reddit: https://www.reddit.com/r/Verasity/
About Xangle — Xangle is a worldwide leading crypto asset disclosure platform working with global top players to bring data openness by providing full scope home elevators assets. Xangle sources plus curates on-chain data plus assists in off-chain advices and this combination of on-chain plus off-chain datasets can provide a whole 360-degree overview for any crypto asset. Learn more here: https://xangle.io/ .
About Verasity: Verasity. io is a protocol plus product layer platform intended for esports and video amusement. Verasity’s mission is to considerably increase engagement and monetization for video publishers upon any video platform. Verasity products include: an amazing ad stack and the VRA Rewards System integrated into SDKs for YouTube, Twitch, Vimeo and all major video systems. Verasity’s patented Proof of Look at, a protocol layer technologies offers transparency and immutability to defeat online advertisement fraud and NFT scams. For more information, please visit https://verasity.io/
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