AdMine Launches Pre-ICO in a Bid to Disrupt the Online Advertising Industry
As part of the fundraising campaign for the development of the new AdMine project, the company has announced the launch of an ICO presale, giving early investors the chance to purchase tokens at a favorable rate and take advantage of the limited-time bonus scheme. Based on the widely-adopted ERC-20 token standard, the limited quantity MediaCoins will serve as an internal cryptocurrency for the AdMine platform upon its launch in mid-2018.
What is AdMine?
Billing itself as the “World’s First Social Network of Brands,” AdMine is an innovative new platform that aims to transform traditional online advertising and fully and effectively utilize the potential of the industry. The project is designed to benefit all participants of online advertising campaigns, serving the interests of both content consumers and brands. The platform compensates users for viewing ads while vastly increasing the effectiveness of digital campaigns for companies.
The team behind AdMine has combined their rich experience in the advertising industry and technical expertise to create a first-of-its-kind product that unites the interests of audiences and advertisers, assuring mutual benefit to all involved. The blockchain-based system ensures full protection of personal data and payment transactions, while providing precise but anonymous analytical and performance data to advertisers.
Benefits for Users
AdMine users receive coins for viewing ads or participating in market research or product testing. Users can view only those ads which they are interested in by subscribing to their favorite brands and specifying product preferences. This ensures maximum engagement and relevance, and hence also providing the most effective return to advertisers. Users receive coins directly from the advertisers for completing tasks and ad viewing, which can in turn be used to shop online, withdrawn, or exchanged for other cryptocurrencies.
In order to incentivize users to complete a more thorough demographic profile, tokens are credited for every additional bit of personal info given. AdMine does not transfer or disclose any personal data to third parties. User matching and audience selection is carried out by automated smart contracts which have exclusive access to user data, ensuring full confidentiality for all system users.
Benefits for Advertisers
AdMine is the first system of its kind to give advertisers the power to target audiences across the entire system of participating platforms. Advertisers can filter based on a myriad of demographic characteristics and parameters, thus always reaching the most-relevant and accessible audience. AdMine gives advertisers the most cost-effective outreach solution by allowing them to determine the price they are willing to pay for each viewing or task, so campaigns of all budgets are possible.
Additionally, AdMine provides companies unique opportunities for the performance of various tasks such as market research through subscriber surveys, app and game testing, quality assurance, and more through its intelligent audience matching mechanism.
How AdMine Works
At its core, the system is based on blockchain technology, taking full advantage of blockchain’s unique properties of decentralization, accountability and security. All procedures and calculations are done directly within the encrypted system, foregoing the need for any costly intermediaries. The use of smart contracts provides an equitable framework and guarantees the security and fault tolerance of the system as a whole.
The AdMine system works with any browser, search engine, application or game, and every site or application owner can connect to the system for free. Advertising applications can also freely use the API, allowing them to sell all unsold traffic and partake in CPA-targeted advertising.
As part of its ICO, AdMine will release MediaCoin tokens based on the ERC-20 standard. Tokens will be produced in a limited number of 100,000,000, without the possibility of any subsequent issue. At the end of the ICO, all tokens will be distributed among investors, and any unsold tokens will be liquidated. This limited-release approach will ensure the absence of any inflation within the system, and assure a rise in token value.
All settlements within the system will be made through MediaTokens using an internal payment mechanism that is independent of external currencies or quotations. Tokens are purchased by system participants as a payment method within the system, or for their future exchange for other cryptocurrencies.
Investors will be able to sell their tokens to new participants, and also see in real time how they are being used within the entire ecosystem. AdMine will automatically redeem tokens from investors anytime a user purchases the internal currency (MediaCoin) by generating an order on the exchange.
To learn more about AdMine and to purchase tokens head to www.admine.io
18 December Pre-Sale ICO Starts
Day 1 50% bonus tokens
Days 2 – 3 30% bonus tokens
Days 4 and on 25% bonus tokens
PRE ICO: 18.12.17 – 19.01.1
ICO START: 19.03.18
ICO FINISH: 20.04.18