AdEx or ADX coin is currently valued at $ 1.17, with a +0.00% change in the last 24 hours. The circulating supply is 53.3M ADX, out of a maximum total supply of ADX.
AdEx is an open-source and fraud-proof display advertising network that rivals traditional online advertising channels. The network utilizes blockchain and smart contracts technology to eliminate intermediaries between advertisers and publishers which results in enhanced transparency at lower costs.
AdEx was created by a Bulgarian-based team including founders Ivo Georgiev and Dimo Stoyanov. The project was initially developed with an aim to improve the existing online advertising landscape by backtracking fraudulent activity and increasing overall transparency through blockchain.
AdEx operates on the Ethereum blockchain. It uses smart contracts to automate the process of ad pouring and payment, eliminating the need for a middleman. Advertisers initiate campaigns and select their preferences in terms of budget, type of ad, audience type, etc. On the other hand, publishers also set their preferences and get matched with advertisers.
AdEx's uniqueness lies in its use of the Ethereum network for running display ad campaigns. As mentioned earlier, the platform primarily aims to solve issues typically associated with traditional digital ad models, such as lack of transparency, ad fraud, and privacy intrusion. In this platform, users can set their own advertising preferences, promoting user privacy protection.
The AdEx platform is built on top of the Ethereum blockchain, which uses proof-of-work (PoW) to maintain its security. As AdEx operates in this highly secure ecosystem, it utilizes Ethereum's inherent measures for security. Using blockchain technology also ensures that all transactions on the platform are completely transparent and immune against fraud.
The circulating supply for ADX is about 53.3M coins, while the total supply is approximately coins.
You can purchase ADX in various crypto exchanges that are currently listed in our database, which includes UPbit.
Safety of your ADX coins can be ensured by keeping them in secure wallets that support Ethereum network tokens. These include both hardware and software wallets. Always protect your private keys and ensure the device you are using for transactions is malware-free.
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