It’s Over. $VRA *Script below 👇🏻

The team's behavior is criminal and they've been completely misleading and lying to us all these years. Thank you for the words you have for me in your video.

It was a scam They funded the project with retail money once they were profitable and saw the community being a burbon they decided to cut tie with it while still mint free billions and dump on remaining beliver. did they announce that a year ago ? no , they kept minting and dumping and withdrawing millions of retai money

Verasity - What Changed and Why People Are Upset Verasity released a strategic update yesterday, and honestly, I didn’t see any of it coming. Before I start: my NDA still stands. But everything I was told previously is now basically irrelevant, because the project has gone in a completely different direction. Right now, I know as much, or even less, than the rest of the community. I’m going to talk about what happened, what’s changed, and how I feel about it. None of it is good. What were we expecting? The PoV migration was on the roadmap for Q2 this year. It was the most important update for the community, and people had been waiting years for it. When Q2 passed and nothing happened, frustration started building, and in my opinion, that’s where the beginning of the end started. In August, I met the team at WebX. I was told they were waiting on a third party to move forward, something that had also been communicated publicly. I met the CPO, who explained how the ad exchange works in detail, and I was impressed. Not just by her, but by the wider team I saw there, actively working and discussing business. Up until yesterday, I genuinely believed things were still on track. Later, around Q3, rumours started spreading about supply issues and the team selling tokens. I personally believed this was preparation for the PoV migration, which I thought was coming very soon. Meanwhile, community frustration continued to grow. Verasity then announced a partnership that lasted only minutes, likely because the partner received heavy backlash. Shortly after that, Verasity stopped posting on X entirely. Practically until now. What does the update actually say? Here are the facts: The PoV migration is cancelled Previous tokenomics plans are no longer valid The maximum supply of $VRA is now 200 billion $VRA is positioned mainly as a business token Retail participation is being pushed into a new token (PLRL) This is a complete change in direction. Let’s talk about why these changes are disastrous for $VRA holders. The supply increase Even if not all tokens are circulating, increasing the maximum supply still matters. Supply increases are extremely rare in crypto and usually only seen in very early-stage projects. Doing this years later is a massive red flag. When supply goes up, each token represents less ownership. Simple example: If suddenly twice as much gold is discovered, gold becomes less valuable because it’s no longer rare. That’s what’s happening here. More supply = more downward pressure on price. The PoV migration The PoV migration was meant to separate roles: One token for business usage - stable and scalable, able to accommodate operational needs Another token for holders - scarce and investment-focused That separation is now gone. $VRA is expected to do everything, which means scalability was chosen over scarcity. That fundamentally changes why people held the token long term. Both of these decisions may make business sense but I believe no business sense justifies wiping out over 95% of holders’ investment. The new project: Plural (PLRL) To add to the surprise, Verasity is now launching PLRL, a new project focused on helping people monetise their data and content. This idea had been hinted at before as part of the original Verasity ecosystem something exciting that no longer exists. PLRL is now a completely separate token. Let’s be honest: launching a new token right after cancelling the most anticipated update and changing tokenomics is going to be extremely hard. The only way PLRL has even a slight chance is if: The airdrop meaningfully compensates long-term holders The team becomes highly visible, transparent, and communicative Even then, it won’t be an easy launch. The airdrop Personally, I believe the only way to slightly save Verasity is a PLRL airdrop that covers a substantial portion of holder losses which is unlikely, considering many portfolios are down over 95% in just a year.

The airdrop also comes with major issues: To receive it, funds must be held in VeraWallet VeraWallet is restricted in countries like the UK and USA Many people will sell the airdrop immediately that’s how airdrops work After what’s happened, people will want to take their money and run. So where does this leave Verasity? After this update, it’s hard to see Verasity as attractive to Web3 investors. The focus has clearly shifted toward: Keeping business costs low at holders’ expense Supporting enterprise demand Not toward token value growth. Because of that, I personally don’t see $VRA returning anywhere near its levels from just a few months ago. And even if it did, it could become too expensive operationally — at which point another supply increase is always an option. Depending on how the PLRL airdrop goes, things could get very ugly. I imagine the UAE ad exchange must be extremely profitable to justify turning their backs on investors but unfortunately, backing alone no longer equals trust. Personal context On a personal level, I was led in one direction then completely left in the dark when that direction changed. I stopped making content when Verasity went silent, because I wasn’t going to take the flak. I’m glad I didn’t, because otherwise I could have misled people and that’s the last thing I want. Verasity was one of the first projects I genuinely liked when I entered crypto in 2019. I wanted to support it and help it grow. Seeing the project pivot away from the community while long-term holders take the hit has been hard. I also feel for large holders. I know people who invested millions. I occasionally speak to people like Erwin, who has always focused on building community with good intentions. He’s been hit hard, and seeing people mock him now is rough. A clarification This is not me calling Verasity a scam. Token holders are not shareholders. We have no governance rights. The company doesn’t owe us profits. This reaction may also be influenced by a lack of visibility into what’s planned next. However, we were led to believe the project was going in a certain direction and that direction changed suddenly, without warning. That’s why trust has been damaged, potentially beyond repair. Final thoughts Going forward, I probably won’t be doing much Verasity content. I’ll cover PLRL, but I won’t be as deeply involved as before. There are many strong projects out there. Confidence is like glass. Once it cracks, it’s incredibly hard to fix. That’s where I’m at. I just wanted to be honest. Disclaimer This post reflects my personal views and understanding based on publicly available information and my own experiences. It is not financial advice, and nothing here should be taken as a recommendation to buy, sell, or hold any asset. I am not affiliated with Verasity in any official capacity, do not have access to internal decision-making, and may be missing information not yet made public. Please do your own research and form your own conclusions.

@verasitytech the biggest scammers in history. I just can’t believe they did this. This was a complete powerhouse. I hope they all end in jail. Let them haunt this forever.

I lost 130.000 usdt

We should do something as community. Report them or Lawsuit.

You literally said on video that PoV migration was coming. You didn’t say you think it was coming, you said it was coming.

Those who have been resorting to all sorts of lies and disguises for years to keep VRA investors trapped are now playing the victim. You and a few others prevented many people from exiting $VRA.

Very upsetting. Had the potential to be a top 20 coin easily but they have fkd it. What’s worse is they lied to your face. I’m lost for words. 🫠

Any chance of you @ryptocrypto setting up a lawsuit and getting all affected $VRA holders together and sue these bastards? 🤔

This bro thinks he can wash his hands easily by posting this. You were a paid shiller by verasity.

@TajCreations Let’s be honest would you even keep your tokens in the verawallet , airdrop or not .. the team can not be trusted anymore

I call on all the exchanges @binance @kucoincom @AscendEX_ @okx to discontinue support for the @verasitytech team and their $VRA token. They unilaterally increased the supply and they sold numerous coins without revealing and extracted the money before the announcement under the cloak of POV token adjustment. The exchanges should also not support their future token $PLRL.

#VRA is a #scam, and anyone considering participating in the #PLRP ICO is either seriously misinformed or ignoring clear warning signs. The #VRA brand is effectively finished, and it’s only a matter of time before legal actions begin to catch up with those responsible.

Good take on this and I agree, it draws massive red flags.

Nothing short of fraud. Luring investment and financial interest under false pretence. Promises broken and business model completely misleading. This should result in legal action. No ifs or buts. Just like $KDA these decisions are made well in advance and they make these announcements at all time lows so they can suck every last bit of liquidity out of the market while the push false advertising to help maintain buying power from retailers to line their own pockets.

Past 4 years, verasitys wallet has sent out over $400m usdt. And he announcement said the 10b supply hasn't been respected earlier either. When they kept saying for us it's 10b and deflatory. Veraviews can't attend any events anymore, I think it being profitable is a myth

So about last night, what a completely different direction of change hey? 🤦Im thinking about all those people who have lost alot more than i have. I hope they're alright.

The company owes us everything .. the lied to us

Hopefully your going to the same jail cell, promoting the scam

I will gladly knock you out when I see you

Bastard few months back you lead the community in wrong direction by saying that you spoke with the team blah blah they informed me what’s going on behind the scenes and I can’t reveal and ect now you don’t acting smart? Fuck you

I had blind faith, hope, and enthusiasm for VRA. I invested a portion of my salary each month and trusted the team completely, even though they didn't give me any updates; I thought they "worked confidentiall." I didn't expect this situation. they blocked me from all of TG. Damn.

Unbelievable brother, fooled us all

Since you said you spoke to the team before maybe you should help the community by sharing the teams personal information. So they can go after whose responsible for this scam.

Well done ol m8 Once again you've given out awesome content and information Its just a pity that some people just don't give a rats ass about supporters Thank you. 👍

One of the biggest scams lately. Lot of people got robbed. Lets call it as it is.The moment I sad something and called them out in the discord got immediately banned and kiced out. They are all in on it. Legal action is the only way to go. @zachxbt can you please look into this🙏

Four years of nonstop decline with zero signs of a rebound and to top it off, a drastic increase in max supply. All clear indicators that this project is officially dead.💀Farewell $VRA 🪦

Yeah, not great, I’m down about $25K on this one. Like many here, it was hard earned money. That said, I’m diversified and much more heavily invested in several strong projects, so I’m staying level-headed.

What partnership was abandoned? I never heard about this

I just found it. Collaboration with

Ah I remember this one. I had a thought if Verasity airdrop at the original 10billion cap they that would be a decent airdrop fingers crossed. Highly recommend you check out coinbase system update on their x account from 18th December, they hint at how they will sell new tokens.

What company would even consider working with this team? No way should veraviews be taken seriously. The same team runs both. They literally lied about it all. POV tokens never existed. It was just a way to hide what they was doing selling billions of tokens to the market.

I don't understand why so many are unhappy with that decision. In the end we all wanted a "VRA" token which is limited to 10B and unmintable etc. Now we will get that as the $PLRL token and VRA continues to be the POV token. Airdrops will come to current holders and the new token will have no mess of token mintings and BS like now.

I think you're making it sound way too easy by just saying “they're only tokens and there's no governance, so too bad.” They've lied to and misled us for years. Now everything has to be in Verawallet to get an airdrop, which is already more than the promised tokens including the burn. Soon you'll have everything in your Verawallet, and then they’ll just sell those tokens too. These people cannot be trusted.