AdEx ADX
About
What Is AdEx (ADX)?
AdEx is a Web3 infrastructure platform designed to empower the creation of applications and enhance user experience. Since its launch in 2017, AdEx has transformed from an ad solution to a comprehensive ecosystem, offering innovative technologies like the AdEx platform and AURA.
AURA is a personal AI agent, making it easier than ever to stay ahead in Web3. It keeps an eye on the market, recommends opportunities, and executes actions on behalf of the user - all based on their onchain activity and risk profile. Whether it’s finding the best lending protocols, claiming airdrops, minting NFTs, or maximizing DeFi yield, AURA does the heavy lifting so users don’t have to. AURA’s AI agent framework can also provide personalized strategies and automation across Web3 apps and wallets, further enhancing user experience.
AURA is built specifically for Web3 and DeFi platforms, making it an essential part of the growing DeFAI space.
Who Are the Founders of AdEx?
Ivo Georgiev and Dimo Stoyanov are the founders of AdEx. Georgiev is one of the most recognized builders in the Account Abstraction space, featured on platforms like Bankless, Devcon, and Dappcon, and is the author of ERC-6492.
Dimo Stoyanov is a serial entrepreneur, in crypto since 2014. Apart from AdEx Network, he founded Stremio, a media streaming platform that has millions of global subscribers. He oversees the strategic development of the company.
Today, a team of 20 professionals works on the AdEx advertising platform and the company’s self-custodial wallet, built on account abstraction - Ambire Wallet.
Where Can I Buy AdEx tokens (ADX)?
ADX is available on some of the largest exchanges in the world:
Binance, Binance.us, Kraken, MEXC, HTX, Uniswap, SushiSwap, PancakeSwap, KuCoin, Bitrue, Gate.io, 1inch, Balancer, Mooniswap, HitBTC, WazirX, Probit, ChangeNOW, Guardarian, Kriptomat, DODO, Exolix, StealthEX, Bitvavo, Guarda and more.
More Info
How Many ADX Coins Are There in Circulation?
AdEx launched on June 30, 2017, issuing 100,000,000 ADX tokens. The distribution was as follows:
10% was allocated to the AdEx team, with a 12-month vesting period.
6% was allocated to advisors, also with a 12-month vesting period.
2% was reserved for marketing efforts.
2% was allocated for a bounty program.
80% was made available for public sale.
In September 2020, the team implemented a token upgrade, enabling the minting of an additional 50 million tokens. Currently, there are 148,046,026 ADX tokens in circulation.
AI Analysis
What is the AdEx (ADX) cryptocurrency good for? What are its main use cases?
AdEx (ADX) is a cryptocurrency designed primarily for the digital advertising industry. It aims to address some of the key challenges in online advertising, such as transparency, fraud, and inefficiencies. Here are the main use cases and benefits of AdEx:
Decentralized Advertising: AdEx operates on a decentralized network, allowing advertisers and publishers to connect directly without intermediaries. This can reduce costs and increase the efficiency of ad transactions.
Transparency and Trust: By utilizing blockchain technology, AdEx provides a transparent ledger that allows both advertisers and publishers to track ad performance and spending in real time. This transparency helps build trust between parties.
Fraud Prevention: The platform aims to combat common issues in digital advertising, such as click fraud and impression fraud. By leveraging smart contracts and decentralized verification, AdEx helps ensure that advertisers only pay for genuine interactions.
Tokenization of Ad Inventory: AdEx enables the tokenization of advertising inventory, allowing publishers to sell ads using ADX tokens. This can provide more liquidity and easier access to advertising resources.
User Control and Rewards: AdEx can allow users to have more control over their data and how it’s used for advertising purposes. Users can potentially earn ADX tokens by engaging with advertisements or allowing their data to be used, creating a more ethical advertising ecosystem.
Payment Mechanism: ADX can serve as a payment method within the AdEx platform, enabling seamless transactions between advertisers and publishers using the token.
Marketplace for Ads: The platform can serve as a marketplace where advertisers can buy ad space directly from publishers with reduced fees and improved targeting capabilities.
Overall, AdEx seeks to create a more efficient, transparent, and fair advertising ecosystem, primarily through the integration of blockchain technology and decentralized principles.
What blockchain does AdEx use? Is it its own blockchain or built on top of another?
AdEx Network primarily operates on the Ethereum blockchain. It is not its own blockchain but rather built on top of Ethereum, utilizing its smart contract capabilities. This allows AdEx to leverage Ethereum's established infrastructure and security while providing its advertising solutions.
Is AdEx programmable? Does it support smart contracts or decentralized applications?
AdEx, short for the AdEx Network, is a decentralized ad network that aims to improve the online advertising ecosystem. As of my last knowledge update in October 2023, AdEx does support programmable features through its use of blockchain technology.
AdEx is built on the Ethereum blockchain, which allows it to leverage smart contracts. This means that developers can create decentralized applications (dApps) that can interact with AdEx’s infrastructure using smart contracts, facilitating various functionalities such as ad placements, payments, and user interactions in a trustless and transparent manner.
If you're looking for more specific functionalities or recent developments related to AdEx, I would recommend checking their official website or GitHub repository for the most current information.
How fast are AdEx transactions? What is the typical confirmation time and throughput (transactions per second)?
AdEx Network, which is a decentralized advertising platform built on blockchain technology, is designed to facilitate faster and more efficient transactions compared to traditional advertising platforms. However, specifics such as transaction speed, confirmation time, and throughput can vary based on several factors, including network congestion and the underlying blockchain technology it utilizes (such as Ethereum or a Layer 2 solution).
As of my last knowledge update in October 2023, AdEx primarily operates on the Ethereum blockchain. The typical transaction confirmation time on Ethereum can range from a few seconds to several minutes, depending on network congestion and the gas price set by the user. Throughput can vary significantly; the Ethereum blockchain, for instance, has a throughput of roughly 15-30 transactions per second (TPS) under normal conditions. However, with advancements like Ethereum 2.0 and Layer 2 solutions (such as Polygon, Optimism), throughput can potentially increase significantly.
For the most accurate and up-to-date information on AdEx transactions specifically, including confirmation times and TPS, you should consult the latest resources from AdEx or updates related to the Ethereum network and any changes after October 2023.
How much data can I store on the AdEx blockchain? Does it support on-chain data storage?
AdEx is primarily a decentralized advertising platform built on blockchain technology, and its primary focus is on facilitating advertising transactions and interactions rather than serving as a general-purpose data storage platform. While it utilizes blockchain for transparency and security, it is not optimized for extensive on-chain data storage like some other blockchains.
Generally, blockchains tend to have limitations on the amount of data that can be stored on-chain due to considerations of efficiency, cost, and scalability. Storing large amounts of data directly on a blockchain can be prohibitively expensive, as each piece of data required to be included in a transaction incurs costs (e.g., gas fees in Ethereum).
For specific applications and details about data storage capabilities on the AdEx blockchain, including limitations on data size and best practices for on-chain data utilization, it’s advisable to refer to official AdEx documentation or community resources. Additionally, many projects using blockchain for data storage often use off-chain solutions combined with on-chain verification to balance costs and completeness.
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