What is Adshares and Its Ecosystem
Overview
Adshares is a decentralized web3 advertising protocol launched in 2017 with the intention to allow users rent advertising space and monetize it in the metaverse space. You can wrap your Ads and store them on Binance Smart Chain, Ethereum or Polygon Matic Chains since its a cross-chain and this is an advantage in-case the other chain is experiencing overload and higher fees your can simply switch to the other.
All the payments on Adshares are settled in ADS coin and this token is deflationary which means its supply is constantly reduced due to burning. Its current circulating supply is 20,984,392.21 ADS and the maximum supply is 38,758,206 ADS and its Market capitalization is $64,151,997 with daily volumes of $3,139,089.
The benefits of decentralizing advertising networks
Lets take a tour on the Adshares ecosystem and see some of the advantages it brings to its community:
Speed - Its ultra-fast blockchain can process millions of transactions in second
High Performance - It is cost efficient which makes it cheaper to advertise on
Privacy - Personal data is not shared to the public
Staking- ADS holders receive rewards for monetization
Cross Chain - Users always have an option to switch between networks due to its cross-chain functionality
Middleman Elimination - There are no 3rd Parties since the deal is done between the publishers and advertisers
With the emerging and fast growing Metaverse in the Crypto world, we can say this is the right moment for Adshares to shine as you can integrate any blockchain game on it and monetize it.
Decentralized Autonomous Organizations Governance.
As the Adshares is a decentralized network it falls under the Decentralized Autonomous Organization (DAO) which means it belong to the public and element of centrality is eliminated. All the decision making process involves each of every member which means everyone from the bottom to the top will participate. With this it gives the users the right to decided the future of the Adshares though guided by the rules enforced on the Blockchain. If it wasn't a DAO then we would say its future is bleak because once member feels like they are not part of the family they will lose faith in its.
Decentralized advertising VS Facebook
People and most business uses Facebook for advertising their business but the only disadvantage is that it has an element of centrality in it. Facebook advertising forbids users to advertise promoting some products so with this metaverse in play it will be difficult to fully implement its advertising on Facebook . Also for you to monetize on Facebook you should have 600,000 minutes of viewed content for you to start monetizing. Where as in decentralized the market place will be fully decentralized and lets the publishers and advertisers on a public blockchain. This will make Adshares the best advertising platform for the Metaverse and gaming products and monetize it.
What ad formats can we design inside Metaverse
When internet and online shopping first came in most people never knew it will take the world in a storm but now we have billionaires who emerged from that. Now that we have Metaverse on the ground its going to conquer the world and since this is still new most people might not understand how it will work, so there is need for a 3d virtual advertising. Imagine making an advert which demonstrate what its like in the metaverse, making dreams come to reality.
Implementing the Adshares protocol to help Monetize Metaverse and Gaming.
Adshares integrates publishers and advertisers in one place using blockchain making it the most advanced blockchain adverting platform. Members can create and implement their ads, monetize them and settle their payments using the ADS coin. Its an ecosystem which is fully packed with whatever the users might need for their work to go further.
Need for Decentralization and how Blockchain will change Marketing
Decentralization means that the member are part of the ecosystem and all their thoughts matters and are free to participate in decision making and determining the future plans of the platform and integrating it into Blockchain is a game changer because the world is going to fully digitize and blockchain advertising will be made easier and not forgetting monetizing at the same time. Every business will be more than happy to advertise on a Decentralized Blockchain making their customization on their adverts without limitations.
