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How is JoorsChain (JIC) performing today?

The current performance metrics for JoorsChain (JIC), such as its price, market capitalization, and 24-hour trading volume, are not provided here. Be sure to check reliable financial sources or cryptocurrency tracking websites for the most up-to-date information regarding JoorsChain's market data.

What Is JoorsChain?

JoorsChain is a blockchain-based platform that seeks to revolutionize the digital advertising sector. It aims to remove inefficiencies and fraud in the industry by reducing the role of intermediaries. The JoorsChain Protocol they are developing is focused on ensuring that advertisements reach real people instead of bots and aims to provide more value to the advertisers, publishers, mobile operators, and end-users in an industry worth over 200 billion USD.

Who is behind JoorsChain?

The team behind JoorsChain comes with more than a decade of experience in digital advertising, leveraging their existing business with systems, customers, and millions of transactions. The move towards blockchain is not about creating a new business from scratch but rather transitioning existing systems into decentralized solutions. The JoorsChain ecosystem is reinforced by the established business which will aid in the utilization and valuation of its native token, JoorsCoin.

How does JoorsChain aim to solve industry issues?

JoorsChain's aim is to tackle the problem of wasted advertising budgets by ensuring that the funds spent on ads actually reach real individuals rather than being lost to bots or undue intermediaries. By developing a protocol that emphasizes transparency and efficiency, JoorsChain claims it will be a more viable alternative to dominant players like Facebook and Google. It also adds an incentive model to reward end-users who view ads, thus potentially improving engagement and creating a fairer distribution of advertising revenues.

What problems does the JoorsChain Protocol target in digital advertising?

The JoorsChain Protocol is designed to address multiple issues faced by the advertising industry, including the large amount of ad spending lost to intermediaries, fraud from non-human traffic (like bot views), and lack of transparency about where the ad money goes. By leveraging blockchain technology, the protocol envisions to cut down on these inefficiencies, ensuring that a higher percentage of advertising dollars directly benefits the users who engage with ads.

How does blockchain technology enhance JoorsChain's capabilities?

Blockchain technology is a core element of JoorsChain. It provides a secure and transparent ledger that can help to eliminate fraud, reduce the number of intermediaries, and ensure that advertisements are viewed by real people, thus enhancing the accountability of ad spending. The inherent nature of blockchain with smart contracts and tokenization further aligns the interests of all the parties involved, such as advertisers, publishers, and end-users, by automating processes and distributing rewards in a fair and transparent manner.

What is JoorsCoin and its role in the JoorsChain ecosystem?

JoorsCoin is the native cryptocurrency token of the JoorsChain ecosystem. It will be used as the currency within the JoorsChain Protocol for all transactions, including rewarding users for viewing ads, paying publishers, and allowing advertisers to purchase ad space. It's a crucial component that will help to fuel the ecosystem, facilitate transactions, and ensure a decentralized governance structure where token holders can potentially influence the development of JoorsChain.

How will JoorsChain impact the digital advertising industry?

JoorsChain claims it will bring a major impact by providing a platform that much more transparently connects advertisers with real audiences, thereby reducing wasted ad spending and fraud. Their aim is to redirect the current inefficiencies in ad budgets towards those who genuinely contribute value: advertisers, content creators, operators, and the viewers themselves. If successful, this could set a new standard in digital advertising, fostering a more user-centric and fair ecosystem.

Is JoorsChain a viable alternative to existing ad networks?

The JoorsChain team emphasizes that its protocol could serve as a substantial alternative to the ubiquitous ad networks operated by companies like Facebook and Google. With a focus on transparency and rewarding every stakeholder, including the end-users for their engagement, JoorsChain aspires to differentiate itself from the current market leaders by addressing the pain points advertisers face in the existing ad ecosystems.

Where can you find JoorsChain (JIC) tokens?

JoorsChain (JIC) tokens can be purchased on the exchanges that have listed it. However, specific exchanges where JoorsCoin is currently available are not mentioned. Always ensure to use reputable and secure exchanges when trading or purchasing tokens.

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