AdEx Community, a decentralized promoting platform constructed to sort out a few of the main inefficiencies within the promoting market — equivalent to an absence of transparency and visitors fraud — has now been out of beta for a complete yr.
On this time, 1000’s of purchasers have leveraged its expertise to launch a whole lot of campaigns, every of which supplied a seamless promoting expertise for end-users whereas enhancing advert spend and income for advertisers and publishers.
Right here, we check out what AdEx has been as much as within the final yr and look at why it has grown considerably on this interval.
In February 2020, AdEx Community exited its non-public beta and opened its decentralized promoting market to the world, permitting each advertisers and publishers to attach and cope with each other securely.
As a platform that enables advertisers to dramatically enhance the return on their advert spend by slicing out promoting fraud and enhancing transparency, AdEx has seen unimaginable uptake amongst advertisers who need to guarantee their promoting funds is deployed effectively. On the flip aspect, publishers are more and more turning to AdEx to monetize their visitors with out shedding an enormous chunk to intermediaries or contending with massive withdrawal thresholds that successfully get rid of the smaller gamers.
On the time of the non-public beta, AdEx had simply 159 non-public beta customers. Now, the platform has a whopping 6,200+ customers mixed (together with each publishers and advertisers), representing year-on-year development of three,800%. It additionally launched a staggering 887 promoting campaigns final yr alone and is on observe to smash this quantity in 2021.
The explanations behind this development are apparent. By leveraging blockchain expertise whereas offering an very simple market for advertisers and publishers, AdEx is ready to massively enhance the effectivity and effectiveness of internet marketing — permitting advertisers to get the perfect bang for his or her buck by eliminating advert fraud whereas giving publishers a technique to simply monetize their visitors in a approach that was beforehand not doable.
As a platform constructed to assist advertisers safe high quality visitors and publishers higher monetize their promoting potential, AdEx has launched a variety of necessary upgrades within the final yr which assist accomplish precisely this.
Again in March 2020, AdEx overhauled its insurance policies to raised guarantee advertisers solely pay for high-quality visitors. This included imposing a verification course of for publishers in addition to a number of modifications to its AdView insurance policies — together with solely counting advert impressions if at the very least 5 seconds are spent on the web page the advert is served on.
AdEx additionally launched a serious improve in July 2020, which dramatically improved the consumer expertise, marketing campaign outcomes, and adaptability for each advertisers by permitting them to pick from an array of superior marketing campaign parameters, together with the choice to incorporate or exclude incentivized visitors, restrict common day by day spending, and set CPM ranges. On the writer aspect, they’ll now select to show grownup adverts (if accessible) and profit from computerized categorization primarily based on their content material — serving to to scale back setup efforts and minimizing errors that might scale back the variety of campaigns they take part in.
On prime of this, following large consumer demand, AdEx expanded the vary of funding choices accessible, permitting publishers to pay in quite a lot of different cryptocurrencies (inc. BTC, ETH, and XRP) and fiat currencies (inc. USD, EUR, and GBP) — opening the platform to an elevated vary of advertisers and publishers.
Taken collectively, these modifications have made AdEx a extra environment friendly and inclusive market for promoting campaigns, and have contributed to its important development within the final yr.
The AdEx Token
As a blockchain-powered promoting answer, AdEx makes use of a community of validators to make sure that visitors is each real and the figures reported are correct. To assist take part within the validation course of, customers should stake the native utility token of the platform — generally known as AdEx (ADX).
By taking part within the validation course of, customers share a fraction of the price that’s allotted to validators — that is equal to 7% of the marketing campaign funds. In the mean time, new stakers can anticipate to earn round 120% APR on their stability, whereas a few of the earliest stakers are nonetheless having fun with over 200% APR.
— AdEx Community (@AdEx_Network) February 26, 2021
The expansion of AdEx mixed with these spectacular staking figures has additionally had a knock-on impact for the worth of the AdEx (ADX) token, which demonstrated equally spectacular efficiency within the final yr — climbing by greater than 600% on this time whereas seeing its buying and selling quantity develop in tow.
This makes it among the finest performing micro-cap cryptocurrencies within the final yr, demonstrating the robust uptake of AdEx promoting answer and its extremely accessible staking answer.
Disclaimer: The data offered right here doesn’t represent funding recommendation or a proposal to speculate. The statements, views, and opinions expressed on this article are solely these of the writer/firm and don’t symbolize these of Bitcoinist. We strongly advise our readers to DYOR earlier than investing in any cryptocurrency, blockchain challenge, or ICO, notably people who assure income. Moreover, Bitcoinist doesn’t assure or indicate that the cryptocurrencies or initiatives revealed are authorized in any particular reader’s location. It’s the reader’s accountability to know the legal guidelines relating to cryptocurrencies and ICOs in his or her nation.