INTRODUCING THE UBEX PLATFORM

cryptoblock01 (25)in #ubex • 6 years ago

INTRODUCTION

Ubex is a global decentralized advertising exchange, operating fully on the basis of neural networks with the use of blockchain and smart contracts. Ubex allows passage from the traditional pay per click scheme to the model of payment for targeted actions, the most fair and interesting model for advertisers.

At the heart of Ubex’s advertising purchasing algorithms, lie neural networks that process information about each visitor to the member networks’ websites. The neural networks evaluate the interests of users, calculate the likelihood of targeted actions for all advertiser offers, and choose the most suitable advertisement.

Ubex platform seeks to bring a revolution to the digital advertising market by creating a global advertising ecosystem, using the decentralized blockchain technology, which will bring a high level of mutual trust and maximum efficiency.

Thus, Ubex maximizes the targeting of advertising and the economic efficiency for advertisers. Ubex aims to solve the problem of low confidence in the purchase of digital advertising. Smart contracts allow for making the relationship of advertisers and publishers (owners of ad slots on sites) as transparent and fair as possible, as well as minimizing the risks for all parties. By applying such an approach, Ubex allows passage from the traditional pay per click scheme to the model of payment for targeted actions, the most fair and interesting model for advertisers.

PROBLEMS UBEX SEEK TO SOLVE

Ubex believes the three participants in the globally advertsing ecosystem which includes Users, advertisers and publishers are facing serious problems with the recent advertsing systems and these problems includes

Users: Millions of internet users faces annoying and irrelevant advertisements,high risks due to the use of coercive advertisement methods by scammers and over payments for products and services due to multiple intermediaries and high commissions.
Advertisers: There is always difficulties in figuring out available advertising channels which always leads to higher over head expenses and needs to hire additional staff, ineffectiveness in certain advertising channels.
Publishers: Millions of users are struggling to find advertisers to fill advertising slots and also many faces low earnings and the inability to forecast future payments from advertisers.

TOKEN DETAILS

Ubex native name is called UBEX ,the advertisers spend UBEX tokens from their account balance to access the smart contract and make deals with publishers. Ubex tokens are ERC20 tokens on the ethereum blockchain.

Token name: UBEX
Purchase methods accepted: BTC, ETH, LTC
Soft cap: 4,000 ETH
Hard cap: 24,000 ETH
Cost of 1 UBEX Token: 0.00001 ETH

Presale or Private Sale: not held
Know Your Customer (KYC): yes ?
Min/Max Personal Cap: 0.01 ETH (or equivalent) / no limit
Whitelist: no

MISSION

To create a global advertising ecosystem with a high level of mutual trust and maximum efficiency.

Create an opportunity for publishers to tokenize ad slots using all available statistics from advertising websites and participants within the exchange, provide a forecast of potential earnings and an opportunity to collect it in advance if the reputation is high enough.

Significantly reduce commissions by removing the middlemen therfore to eliminate all indirect links between advertisers and publishers by applying smart contracts for all types of tracking, thereby increasing the economic efficiency of cooperation.

ROADMAP