MADNetwork MAD

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$ 0.02151095

MADNetwork Price (MAD)

Asset Inactive! Last price update was recorded on Oct 02, 2023

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What Is the Current Price of MADNetwork (MAD)?

MADNetwork's price today is $ 0.02151095, which marks a increased of +0.00% in the past 24 hours. It's important to monitor live market data as cryptocurrency prices can be highly volatile.

What Is MADNetwork (MAD)?

MADNetwork is a blockchain-based network that streamlines the advertising technology industry. At its core, it connects all stakeholders within the adtech sector more efficiently, from advertisers to publishers, without having to rely on centralized intermediaries. By utilizing decentralized applications (dApps), MADNetwork ensures that ads are served continuously, preventing the risk of a single point of failure within the ad-serving process.

How Does MADNetwork Intend to Transform the Ad Industry?

MADNetwork takes on the current problems of the adtech industry, such as opacity in pricing and the large portion of advertising budgets consumed by middlemen. The network’s architecture aims to provide transparency, allowing all parties in the ecosystem to access the same information and thereby trust the data's accuracy. This is a crucial step toward ending the inefficient and unnecessarily complex programmatic advertising system of today.

What Are the Core Components of MADNetwork?

MADnet Books

MADnet Books is a decentralized application designed to facilitate the stake insertion orders by advertisers. It acts as a payment rail within the MADNetwork, opening a marketplace where the value of ad impressions can be tokenized and exchanged. This paves the way for a more streamlined and transparent ad purchasing process.

MADnet Core

Following MADnet Books is MADnet Core, a decentralized ad server and exchange. It is responsible for storing, matching, and serving ads. Powered by a proof-of-real-work algorithm, it sifts through vast numbers of ad requests and campaigns to identify the optimal ad matches, demonstrating the network's efficiency at connecting supply and demand.

MADnet Data

MADnet Data aims to be a decentralized Data Management Platform (DMP), capturing insights from network use. This component will enable peer-to-peer data exchange, providing a secure and transparent way for stakeholders to share and utilize data across the network.

Who Created MADNetwork?

The team behind MADNetwork has not been identified in the provided information. However, it's clear that the network's foundation is the result of collaborative efforts from professionals experienced in the workings of adtech and blockchain technology.

How Does MADNetwork Work?

MADNetwork employs a straightforward method for ad connections:

An advertiser places an insertion order on MADnet Books and stakes MADtokens.
The ad request data is sent to MADnet Core.
Miners, here called 'ad serving miners', compete to serve the most suitable ad from the available selections.
Finally, smart contracts within MADnet Books complete transactions, paying publishers and miners nearly in real-time as the advertisement is delivered.

This process exemplifies the agility intended for programmatic advertising, cutting out delays and lack of transparency typically found in traditional systems.

How Is the MADNetwork Secured?

Using blockchain technology, MADNetwork provides a secure ecosystem for transaction and data management. The network relies on decentralized miners to verify transactions and ad deliveries, which mitigates the risk of fraud and single points of failure. Blockchain also ensures the immutability and veracity of the data within the network, giving stakeholders confidence in their transactions.

Where Can You Buy MADNetwork (MAD)?

MADNetwork (MAD) can be purchased on the following exchanges: Hotbit. Be sure to choose a reputable exchange to ensure a safe transaction while bearing in mind the volatility and risks associated with any cryptocurrency purchase.

What Is the Total Supply of MADNetwork Tokens?

The total supply of MADNetwork tokens, or MADtokens, is 220.0M. This represents the maximum number of tokens that will ever be in existence.

What Is MADNetwork's Market Capitalization?

Currently, the market capitalization of MADNetwork stands at $ , placing it at rank #1 in the cryptocurrency market.

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