AdCoin wants to be the cryptocurrency standard for advertisers, publishers, and online businesses. Find out how it works today in our AdCoin review.
What Is AdCoin?
AdCoin is a cryptocurrency designed to make the advertising industry more efficient. The GetAdcoin.com official website describes how advertising in regular currency “is cost intensive” and publishers get paid just a few pennies per click. With AdCoin, both advertisers and publishers can profit and save costs.
AdCoin is built on Litecoin’s open-source blockchain. The organization was founded by people with backgrounds in economics and finance. They claim to create value with AdCoin by partnering up with advertising platforms. Those advertising platforms represent a cost-per-click (CPC) or cost-per-mille (CPM) value based on the current value of AdCoin.
The developers have already pre-mined 70% of the total market cap of 100 million AdCoins. 60% of pre-mined coins will be distributed to AdCoin advertising partners, while the other 10% is distributed in 4 equal-sized wallets that will be used to further develop and market AdCoin as a currency.
The remaining 30% of unmined AdCoin are available to be mined by anyone.
AdCoin’s development began in March 2017. The company was founded by a group of Dutch entrepreneurs. In the future, AdCoin wants to replace fiat currencies and traditional banks as the default currency used in the advertising industry. Instead of relying on costly payment methods, advertisers can use AdCoin’s cheap, fast, Litecoin-based platform to send and receive payments internationally.
