Ubex is a new kind of an advertising platform. It is a decentralized advertising exchange built on the blockchain. It utilizes smart contracts, Artificial Intelligence (AI) and neural networks to solve some of the major challenges engulfing traditional advertising like transparency and security. Using smart contracts, publishers can now monetize their slots by tokenizing them. There is no longer an issue of low confidence on the part of buying digital advertising since clients now have to payShow more [+] based on the results of the advert instead of on a per-click basis. The platform will significantly reduce the risk inferred between publishers and advertisers. It will make the relationship between the two free and fair.
The currency used on this platform UBEX is a PoS (Proof-of-Stake) coin that is not premined. It is an ERC20 coin with a total distribution of 4 million, with 72% being issued for the token sale. Its initial coin offering took place between May 21 and September 30 and raised approximately $6.8 million. UBEX is listed on various major exchanges including Lbank, Hotbit, YoBit, IDEX, BTC Alpha and BitMart.
UBEX is managed by a team of able individuals among them being their CEO and co-founder, Artem Chestnov, head of legal and co-founder, Chief Technical Officer, Dan Gartman, and Machine Learning Team Lead, Alexander Stepochkin among others.