UBEX -Global Decentralized Ad Exchange

Ubex believes internet users are being subjected to increasingly worsening advertising conditions. They’re facing scams through advertisements. They’re viewing irrelevant or annoying advertisements. And they’re not being compensated for their contributions to the ecosystem.

Advertisers, meanwhile, are facing similar issues: ineffective advertising, junk traffic, and complexity in figuring out multiple advertising channels. Publishers also struggle with low earnings and difficulty filling advertising slots.

About UBEX

Ubex is a decentralized advertising exchange, which combines Artificial Intelligence (AI) and Blockchain and its objective is to improve the current advertising ecosystem by offering quality advertising for the user, more profitability for the advertiser and more efficient tools for advertisers.

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.

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 Ubex neural network compiles the relevant information, about the needs of consumers, in addition to selecting the most profitable ad, performing the statistical analysis, investigating the advertisers in order to avoid fraud and the tokenization of advertising spaces using the UBEX token advanced.

The Ubex Platform

The Ubex platform will provide ample opportunities not only to publishers and advertisers, but also to companies that need regression analysis of user data. The system’s neural core, which is responsible for making decisions at all stages of the life cycle of the advertising material, will have an API, access to which can be provided to partner companies. The behavioral decision-making blockchain allows one to evaluate user data and make a judgment about the perceived interests of the user. This regression estimate can be used not only to display advertising materials, but for other purposes as well. The API will provide an opportunity to retrieve a list of expected categories with an estimate for each based on a query with user data. Training the system core to obtain relevant and accurate forecasts is a laborious process. In this regard, the platform will provide the ability of adding statistical data to the site user’s actions, which can be used as a training sample for the system’s core. The site owners who provided data will receive a reward proportional to the contribution of the data provided for training the system core. These actions are similar to mining, when users are rewarded for labor-intensive work (providing statistical data for the formation of a training sample).

The Ubex Wallet

The UBEX Token will act as a payment unit on the Ubex platform. The need for an ICO Token is based on the need to credit funds from advertisers’ accounts for the displays of advertising materials that they have bought. Basic cryptocurrencies do not allow the crediting of funds from third party accounts even if one has permission from the third parties. The Token allows for setting quotas (allowances) to a specific address within which the owner of the address can use the funds available on the account. Crediting is possible only on condition that the account holder has established the size of the quota and only from the address to which the quota is issued, otherwise the funds cannot be credited.

Token and ICO detalis

ICO information

Token Sale start: May 21
Tokens Sale end: August 13
Token type: Token ERC 20
Maximum limit (Hard Cap): 24,000 ETH
Minimum limit (Soft Cap): 4,000 ETH
Cost of 1 UBEX Token: 0.00001 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

UBEX Tokens

UBEX Tokens are blockchain Tokens, which are digital Tokens created on a blockchain as part of a decentralized software protocol. UBEX Tokens are crypto-Tokens issued on the Ethereum platform on the basis of an ERC20 standard contract. UBEX Tokens are payment Tokens designed to support transactions on the Ubex platform. To know current trend of ICOs, you can check ICO stats.