Question 1

What is the current price of Absolute (ABS)?

Accepted Answer

The current price of Absolute (ABS) is XRP 0.00043937, with a 24-hour trading volume of 0.7. Over the last 24 hours, the price of ABS has increased by +0.00%.

Question 2

What Is Absolute (ABS)?

Accepted Answer

Absolute (ABS) is a unique cryptocurrency aimed at reshaping the programmatic advertising landscape. It utilizes revolutionary Masternode-backed Smartcontracts to provide proof of advertisement views, aiming to instill trust within the advertising industry. Programmatic advertising, which has traditionally been managed by humans, can often be expensive and unreliable. ABS turns to Smartcontracts to remove humans from the process wherever possible to make the ad buying system more efficient and cost-effective.

Question 3

Who created Absolute?

Accepted Answer

While the exact creators of Absolute are not publicly disclosed, the project is backed by a dedicated team passionate about blockchain technology's capacity to revolutionize the advertising industry. Based on the project's website, the team aims to decentralize the ad buying process, granting advertisers trust in how they allocate their budgets.

Question 4

How does Absolute work?

Accepted Answer

Absolute runs on Masternode-backed Smartcontracts. These Smartcontracts act as self-executing contracts with the agreement terms directly written into the code. They facilitate, verify, or enforce the negotiation or performance of an advertisement display. This approach allows for a more efficient and reliable way of validating and verifying ad views without the need for a middleman. To use Absolute, advertisers buy ABS tokens and use them to purchase ad views. Each view is then verifiably tracked and recorded on the Absolute blockchain, ensuring genuine ad engagement and preventing fraudulent activity.

Question 5

What makes Absolute unique?

Accepted Answer

Absolute's unique proposition lies in its use of Smartcontracts to guarantee trust in programmatic advertising. By using blockchain technology, the platform seeks to eliminate human error and fraud from the ad buying and tracking process. It ensures ads are viewed by real audiences, cutting down on fraud, and ultimately saving advertisers money.

Question 6

How is the Absolute network secured?

Accepted Answer

The security of the Absolute network is maintained through its Masternodes. Masternodes are powerful servers backed by collateral held in ABS, which provide advanced services and governance on the blockchain. They add an extra layer of stability and security to the network, ensuring transactions and contracts are processed correctly and protecting the system from attacks.

Question 7

How much Absolute (ABS) is in circulation?

Accepted Answer

Currently, there are 19.6M ABS coins in circulation, out of a maximum supply of 52.5M.

Question 8

Where can you buy Absolute (ABS)?

Accepted Answer

Absolute (ABS) can be purchased on several leading cryptocurrency exchanges. The most up-to-date and available listings can be found on our STEX, Bitfinex, Graviex, CREX24 page. Please make sure that you are dealing with a reputable exchange and remember to use safe internet practices.

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