In today's modern world, people are slowly embracing digital businesses and even digital money and currencies . They are spending more money online, like shopping, banking, sending money and many other services. This has shifted businesses to digital source of revenue and digital channels. People are now getting familiar with digital products and services which has driven business owners to seek new competition advantages in the digital space. Gartner says that digital businesses is the creation of new value chains and business opportunities that traditional businesses cannot offer.
Now, what is Adshares? What can it offer to digital businesses? How does it works, and what are the advantages of Adshares from other competitors? Why would we use decentralized network?
Adshares ($ADS), the first web3 decentralized advertising protocol that supports digital businesses. It was created in 2017 and is one of the most advance blockchain based project which uses ADS coins as a mode of payments in every transactions. Its Adserver platform allows users to rent space inside Metaverse, blockchain games, NFT exhibitions and websites.
Adshares is dedicated to advertising market. Since, there is a problem in centralization of advertising market and that is there's a middleman and the transaction takes more time and more money because of high fees, it makes all small publishers and advertisers earn less. Thus, Adshares made a solution with this problem by removing the middleman and making both advertisers and publishers join and let them use the platform without the third-party and monetize website traffics direct payment to earn more on the website and create more campaigns for the projects. Publishers are free to select any available advertisements so it becomes more cheaper and transparent.
What is the difference between Adshares and Google Ads? Google Ads ban those small advertisement projects while on the other hand, Adshares helps and is best for small purchasers and publishers because it charges small commissions. Same with Google Ads, Adshares also has software to let you create your own advertising network without any cost so you can use your open source technology. As of now, Adshares has 4 active servers which gives the user the ability to switch between networks inside the same ecosystem. It has its own blockchain which is a virtual machine with notes in the network and to create transactions in blockchain environment, the user have to propagate transactions into the network and the notes have to make consensus that the transaction is valid. It is more fair for the advertisers and publishers.
For the mode of payment, it is done by using ADS coin working on enterprise service chain blockchain. The transaction fee is 1 per mile per transaction and it is divided to every coin holder in the network which is active for 1 year. It is fast and small payment between publishers and advertisers. This is the advantage of Adshares from other competitors for they have high transaction fees and it is deducted from the users earnings.
There is 38M full supply of ADS coin and as of now, only 16M is circulating and the network is created to maintain the high volume of transactions.