PRESENTATION
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Ubex, a global decentralized advertising exchange where companies advertise effectively, while publishers profitably tokenize ad slots on their resources has arrived.
Before I take you on this voyage, please check out this video presentation
Now that I have your attention, let’s get right to it.
What exactly is UBEX?
Ubex is a registered company in Switzerland based in Crypto Valley Labs “The Block” (Switzerland) whose founders are Artem Chestnov and Daniel Biesuz, who want to revolutionize the advertising sector and take it to a new level.
Ubex is a decentralized advertising exchange that plans to combine neural networks with blockchain technology for effective interaction between advertisers and site owners who provide blocks for advertising on their resources, selecting the most relevant information for the visitor.
In addition, Ubex is a global decentralized advertising exchange where companies advertise effectively, while publishers profitably tokenize ad slots on their resources. Ubex project is a global decentralized exchange of programmatic advertising based on neural networks and smart contracts. Ubex provides a change in advertising system from traditional pay-per-click scheme to the payment of targeted actions. Advertisers can automatically purchase ad slots using the Ubex system. Payment is made upon fulfilment of targeted actions by customers.
THE GOAL
Ubex's aims' to tackle the issue of low trust in the purchase of digital publicizing. Smart contracts make the relationship of publishers and advertisers as fair and transparent as possible; it also helps in limiting the dangers for all parties. With the application of such an approach, Ubex permits passage from the conventional pay per click scheme to the payment model for targeted actions; the most reasonable and intriguing model for promoters.
Advertisers can purchase advertisement slots utilizing the Ubex system automatically. Payment is, however, made upon supply of targeted actions by clients. Publicizing procurement happens progressively using programmable innovation based on neural networks with the utilization of smart contracts.
THE MISSION
To create a global advertising ecosystem with a high level of mutual trust and maximum efficiency.
Automate the interaction of advertisers’ offers and publishers’ websites
Using neural networks and accumulated data, select the most relevant advertising content at any given moment in time to a particular user, maximizing the probability of obtaining desired results.
Significantly reduce commissions by removing the middlemen
Eliminate all indirect links between advertisers and publishers by applying smart contracts for all types of tracking, thereby increasing the economic efficiency of cooperation.
Create an opportunity for publishers to tokenize ad slots
Using all available statistics from advertising websites and participants within the exchange, provide a forecast of potential earnings and an opportunity to collect it in advance if the reputation is high enough.
Develop a multi-layered system of platform participant reputation rating
Implement a system of rating advertisers and publishers, which will be stored in the blockchain along with the full history of their operations, to prevent fraud and to enable a mechanism of dealing with the most trustworthy partners.
THE PROBLEMS
Ubex believes users, advertisers, and publishers — the three participants in the global advertising ecosystem — are facing various problems with today’s advertising systems, including:
Users
Irrelevant or annoying advertisements
Overpayment for products and services due to multiple intermediaries and high commissions
High risks due to the use of coercive advertising methods by scammers
Advertisers
Uncertainty of achieving results as advertisers are forced to pay for clicks and displayed ads without a guarantee of actual sales
Difficulty in figuring out all available advertising channels, leading to higher overhead expenses and the need to hire additional staff
Ineffectiveness in certain advertising channels, with the ineffectiveness only becoming apparent after the budget has been spent
Publishers
Struggle to find advertisers to fill advertising slots
Face low earnings and the inability to forecast future payments from advertisers
Payment delays and non-payments from dishonest or low-quality advertisers
SOLUTIONS
By using smart contracts on blockchain, Ubex allows for the transition to the Cost-Per-Action model of payment, eliminating fraud and the need for clicks.
Ubex offers the solution as smart contracts on blockchain. Because of Ubex purchasing system, the technique of purchasing the advertising slots on a desired website for placement is simple and transaction risks are also less. Once the payment is complete, the advertiser can purchase advertising slot according to the specified requirements set for the target audience, geography and time of displays.
With the help of Ubex’s neural networks, the ubex algorithm selects the most current advertising offers for certain customers, thus enhancing the chance of getting the desired outcome. Hence the advertisers can decrease the average cost of attracting the customers by half.
THE ECOSYSTEM
The system core named Advanced Decentralized Advertising Marketing (ADAM) is responsible for making the decision to display advertising materials. This decision is based on the data stored in the blockchain as well as on the model data of the neural network stored internally.
MARKET STRUCTURE
The structure of the advanced publicizing market comprises a chain of participants represented, from one viewpoint, by advertisers and on the other, by distributors with various intermediaries between them, thereby performing different functions. Therefore, here is the current digital-publicizing purchasing scheme:
Through media agencies, medium and large-sized advertisers purchase digital advertising, which deal through partnered exchange work areas or specifically with purchases in these ways:
• Through banner networks (horizontal and vertical networks.
• Directly from the publisher.
• Through advertising exchanges.
Advertisers can undoubtedly purchase advertisements from distributors through the Ubex publicizing exchange without depending on the costly services of offices and other intermediaries. Ubex consolidates the usefulness of an advertising exchange with a service to monitor all the execution indicators of every advertisement placement of every publisher, consequently eliminating the requirement for proper external tools. Also, Ubex consolidates the functionality of a DSP/SSP.
The application of blockchain allows Ubex to use a Pay-Per-Result operating model
Advertising campaign management Detailed reports with data filtering
Export and import of data
Detailed campaign statistics charts
Transparent transaction control through blockchain
New campaign creation
Ability to set end goals
Basic audience targeting for ad displays
Ad format selection
Ability to configure ad settings
Know Your Customer
Advertisers are required to pass the KYC process for account verification:
Provide information about the advertiser's company
Upload supporting documents
After the approval it would be possible to kick-off marketing campaigns and configure ads.
Publishers' Section
The functions included in the publishers' application are:
Data Mining
Ad Space Tokenization
Join the Ubex Network
The Publishers' Section is currently under development and its Alpha version will be available on August, 2018, as per the project Roadmap.
Work scheme
Interaction between customers and modules on the Ubex exchange
PARTNERS OF THE UBEX PROJECT
THE UBEX WALLET
The UBEX Token will serve as a payment strategy on the Ubex platform. The requirement for a Token depends on the need to credit funds from the accounts of the advertisers for the presentations of publicizing materials that they have purchased. Moreover, basic cryptocurrencies do not permit the funds’ crediting from third party accounts regardless of whether one has authorization from the third parties. The Token brings allowances to a particular address within which the owner of the address can utilize the available funds on the account. There is a possibility in crediting on condition that the account holder has set up the quota size and just from the address to which the quota is issued, or else, it will be impossible for the funds to be credited.
The Ubex platform will permit the contribution of Tokens into the system and their yield for a wide variety of cryptocurrencies. The exchange rates will be controlled by the market needs; it will be based on the exchange data of the UBEX Token.
TOKEN SALE AND ICO
Ubex revolves around a native token called UBEX. Advertisers spend UBEX tokens from their account balances to access the smart contract and make deals with publishers.
TOKEN AND ICO DETAILS
Ticker: UBEX
Token type: ERC20
ICO Token Price: 1 UBEX = 0.00001 ETH
Token Sale start: May 21
Tokens Sale end: August 13
Maximum limit (Hard Cap): 24,000 ETH
Minimum limit (Soft Cap): 4,000 ETH
KYC (Know Your Customer): Obligatory
Minimum investment: 0.01 ETH
Restrictions: Citizens and residents of the USA, Iran and North Korea can not participate
Accepted Coins: Litecoin, Bitcoin and Ethereum
Tokens issued: 4,000,000,000 UBEX tokens
Tokens not sold: will be destroyed
You can get your UBEX Tokens here https://tokensale.ubex.com/register?locale=en as Token Sale is Live now.
TOKEN DISTRIBUTION
Distributed to Community: 72%
Team & Advisors: 15%
Reserve: 10%
Bounty: 3%
WHY YOU SHOULD CHOOSE UBEX?
Neural networks maximize purchasing efficiency:
The Ubex’s advertising purchasing algorithms lie on neutral networks that process information about each visitor to the member networks’ websites. The neural networks evaluate the interests of users, calculate the likelihood of targeted actions for all advertiser offers, and choose the most suitable advertisement.
Blockchain based smart contracts minimize participants’ risks:
Ubex aims to solve the problem of low confidence in the purchase of digital advertising. Smart contracts allow making the relationship of advertisers and publishers (owners of ad slots on sites) as transparent and fair as possible, as well as minimizing the risks for all parties. By applying such an approach, Ubex allows passage from the traditional pay per click scheme to the model of payment for targeted actions, the fairest and interesting model for advertisers.
ROADMAP
MEET THE AMAZING TEAM
Advisors
Urs Bolt
Advisor
Financial services, wealth management and banking technologies expert
Michael Gord
Technical Advisor
MLG Blockchain Capital Board of Directors Bitcoin & Blockchain Alliance Canada
Ismail Malik
Marketing Advisor
Founder Blockchain Lab
Editor in Chief ICO Crowd, London
Arie Orlovsky
Advisor Israel
Ex-Strategy consultant, Booz&Co, IBM
David Lim
Advisor China & Korea
A business development director in China
Sergio Pereira
Advisor
Co-founder and managing director at ComparaJá
Sergiu Draganus
Advisor
Co-founder and CEO of CryptoCoin.Pro
Ali Kassab
Advisor
Chairman & CEO of Centurion & Co.
Javier Gonzalez
Advisor
Founder of VentureSpec
Mickey Choi
Blockсhain Advisor
Mickey Global Business CEO
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website: https://www.ubex.com/
Whitepaper: https://www.ubex.com/wp/Ubex-Whitepaper-en.pdf?1535
Facebook:- https://web.facebook.com/UbexAl/?_rdc=1&_rdr
Medium:- https://medium.com/ubex
Reddit:- https://www.reddit.com/user/UbexAl
Telegram:- https://t.me/UbexAI
Twitter:- https://twitter.com/ubex_ai/
Bitcointalk:- https://bitcointalk.org/index.php?topic=3393244
LinkedIn:- https://www.linkedin.com/company/ubex-ai/
YouTube:- https://www.youtube.com/c/UbexAI
Github:- https://github.com/ubex-ai
Author: TheMichaelMatch
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.