UBEX: A Decentralized Block based Artificial Intelligence Advertising Exchange?
The UBEX platform aims to combine AI (artificial intelligence) and advertising in a worldwide, Block-based decentralized advertising exchange.
What Is UBEX platform?
UBEX, found online at Ubex.com, targets to use AI to solve a range of major crises in today’s advertising sector. UBEX believes online users are being subjected to ever more worsening advertising situations. They are facing cheats via advertisements. They are viewing unrelated or irritating advertisements. And they are not being rewarded for their involvements to the system.
Promoters, meanwhile, are facing same issues: junk traffic, unproductive advertising, and difficulty in figuring out many advertising channels. Publishers also resist with small earnings and complexity filling advertising niches.
Finally, UBEX aims to solve entire of these problems by applying block technology and neural networks. UBEX believes its international decentralized promotion exchange will be “the upcoming of advertising”.
What issues Does UBEX network Seek To Solve?
UBEX believes advertisers, users, and publishers – the 3 contributors in the worldwide advertising system – are facing a variety of problems with current’s advertising ecosystems, including:
Advertisers
• Doubt of achieving outcomes as promoters are forced to pay for displayed ads and clicks without a guarantee of real sales
• incompetence in certain marketing channels, with the incompetence, just becoming obvious after the fund has been spent
• Complexity in figuring out all available marketing channels, leading to extreme overhead costs and they want to hire further staff
Users
• Annoying Irrelevant or advertisements
• Extreme risks due to the applying of coercive marketing ways by scammers
• Overpayment for services and products due to a lot of intermediaries and over commissions
Publishers
• The effort to find promoters to fill advertising slots
• Face small earnings and the incapability to forecast upcoming payments from promoters
• Low-quality advertisers and Payment delays or non-payments from dishonest
How UBEX Decentralized Block Based Artificial Intelligence Advertising Exchange Works
UBEX network aims to solve issues in the advertising sector using block-chain technology and neural networks. UBEX is developing a worldwide decentralized block based advertising exchange where firms can advertise powerfully while publishers can efficiently tokenize ad niches on their sites.
A few of the core functions and goals of the platform include:
• Decrease Commissions And 3rd party:
UBEX will replace a 3rd person with block technology. That means there're no layers among publishers and advertisers. UBEX platform will use smart agreements to permit advertisers and publishers to interact straightly with all other. That means publishers can gain more currency while advertisers can minor needless transactional expenses.
• Mechanize Interactions Between Advertisers And Publishers:
UBEX platform desires to permit advertisers and publishers to strongly interact with all other without the use of a 3rd person– even when the 2 sides have no motive to faith each other. To carry out this, UBEX will use accumulated data neural networks and choose the most related advertising content at every given period in time to an exacting user, maximizing the prospect of obtaining desired outcomes. UBEX will also have a status system and smart agreement ecosystem to offer secure P2P dealings.
• A Multi-Layered repute System:
UBEX network will have a multi-layered repute ecosystem that rates publishers and advertisers. This repute data will be saved in the block along with the complete detail of the individual’s operations. The aim is to decrease scam and allow a way of dealing with the most dependable collaborators.
• Publishers Can Tokenize advertisement Slots:
UBEX Network makes it simpler for publishers to tokenize advertisement slots. Publishers can submit statistics from their sites online, making it simpler for promoters to decide high-performing sites for their next advertisement campaign.
• Pay Per Result (PPR):
UBEX explains its model as a “PPR” model. Using advanced block technology, UBEX platform will pay based on every block verified outcomes.
• Advertising Campaign Management:
UBEX platform will offer advertisers complete control over their campaigns, including full reports and information filtering, statistics importing and exporting, detailed campaign data charts, and transparent operation control via blockchain technology.
UBEX Token ICO Details
• UBEX revolves around native money called UBEX. Promoters spend tokens from their account money to access the smart agreement and build deals with publishers.
• UBEX tokens are ERC: 20 based tokens on the ETH block-chain.
• Of the full supply of UBEX tokens, 75 percent is being allocated to the society, with remaining UBEX tokens being given to the advisors and team (18 percent), a reserve fund (4 percent), and bounties (3 percent).
• UBEX tokens have set a hard-cap of 24k ETH for the token sale. The price of a one UBEX token is 0.00001 ETH.
• As of May 2018, a time for the UBEX token ICO has not so far been announced.
For Further details you can visit below links:
• Website: https://www.ubex.com
• Whitepaper: https://www.ubex.com/wp/Ubex-Whitepaper-en.pdf?9508
• ANN Thread: https://bitcointalk.org/index.php?topic=3393244
• Telegram: https://t.me/UbexAI
• Facebook: https://www.facebook.com/UbexAl/
• Twitter: https://twitter.com/ubex_ai/
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