The digital advertising market has been actively growing for the last 4 years; its size has exceeded the size of the television segment in 2017. This is a historic event for the advertising market. One of the most promising segments of digital advertising is programmatic advertisement, which shows an average annual growth rate of more than 23% against a 4% growth rate of non-programmatic segments. According to the forecasts of Magna Global, the market size of advertising software will reach $42 billion by 2020. Ubex proposes to solve these problems by combining all the advantages of programmatic technologies, neural networks and smart contracts in a single system. Through this approach, Ubex provides a transition from the traditional pay-per-click scheme to the payment for targeted actions, which is the most fair and interesting model for all market participants. We present to you the Ubex project — a global, decentralized exchange of programmatic advertising based on neural networks and smart contracts. The mission of Ubex is to create a global advertising ecosystem with a high level of mutual trust and maximum efficiency.
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).
Ubex: Service for Advertisers
Advertisers can set up and run an ad campaign in a few clicks. Tasks that required an entire team of digital marketers can now be taken over by Ubex algorithms. An advertising campaign is created through a personal account in four simple steps:
Create an offer and specify the commercial terms — The user specifies the cost of advertising, or a percentage of the sale, as well as deferred payment (for advertisers with a high rating). Also, the advertiser chooses the targeted actions they are willing to pay publishers for.
Select a widget or create your own — Widgets can be personalized by the advertiser and can also be provided by the exchange (for example, the payday loan, a form for obtaining microcredits). In the case of personalized widgets, it is enough to upload a banner or video and install and configure all the necessary forms through a handy designer available in the personal account. For more complex settings, widgets can be written in a customized Java script-code.
Select the interests of the target audience, the time of displays, geography and other criteria. — After setting up the widget, the advertiser sets the rules for displaying the ads so that advertising is as relevant to the target audience as possible. In parallel with the settings, the neural network provides forecasts of the effectiveness of the customized advertising campaign.
Launch an advertising campaign and monitor the results. — With the help of a personal account in the Ubex system, the advertiser can monitor in real time all the key metrics for the created advertising campaign. These metrics include the targeted actions that were taken, their time, the publishers on whose platforms advertising was displayed, the activity of these publishers in the advertising campaigns. The neural network also provides updated reports on the effectiveness of the advertising campaign.
Payment is made only upon the completion of targeted actions specified in the offer. Funds are credited from the amount held in the escrow system of the Ubex crypto financial platform, or from the advertiser’s account at the time indicated in the smart contract (in case of factoring payments for advertisers with high ratings).
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.
What Problems Does Ubex Seek To Solve?
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
Ubex believes it can solve all of these problems using a decentralized advertising exchange. Let’s take a closer look at how it works.
UBEX Token Details
Total: 4,000,000,000 UBEX tokens
72% of the Tokens will be allocated for the Token Sale and will be distributed to the Community.
15% of the Tokens will be allocated for the Team and Advisors with a 12 month lock period.
10% of the Tokens will be allocated for the Reserve and will gradually be used for project development, including transactions with partners.
3% of the Tokens will be allocated for the Bounty Campaign as rewards for Bounty participants, as well as for marketing expenses, miscellaneous costs associated with the Token Sale, AirDrop campaign expenses, and Referral Program payouts.
Token Sale Parameters
Token Standard: Ethereum ERC20
Soft Cap: 4,000 ETH
Hard Cap: 24,000 ETH
Cost of 1 UBEX Token: 0.00001 ETH
Min/Max Personal Cap: 0.01 ETH (or equivalent) / no limit
Purchase methods accepted: BTC, ETH, LTC
Whitelist: no
Presale or Private Sale: not held
Know Your Customer (KYC): yes. To receive the acquired UBEX Tokens onto personal Ethereum wallets, every participant must provide their personal information at any time starting from the first day of the Ubex Token Sale.
ROADMAP
Roadmap indicates not only the future tasks, but also already implemented development stages.
RoadMap covers the period up to March, 2019. Plans look realistic thus the project can comply with the timeline of its implementation.
Q4 2016 Creation of an advertising platform for promoting Payday Loans
Q1 2017 Development of integration tools to link marketing campaigns with publishers’ websites
Q3 2017 Introduction of an API interface for use by publishers to register advertising space
Q4 2017 Addition of new types of advertising tools and customization of widgets
Q1 2018 Introduction of advertiser auctions
April 2018 Development of the exchange smart contract prototype for the storage of basic information
May 2018 Launch of the desktop and mobile Alpha versions of the Advertiser application
August 2018 Launch of the desktop and mobile Alpha versions of the Publisher application
October 2018 Development of the system’s neural core prototype and initial training of the neural networks
November 2018 Introduction of smart contracts capable of storing neural network adjacent coefficients in the blockchain
December 2018 Introduction of an API prototype for sharing training data in exchange for rewards (data mining)
January 2019 Launch of the Beta versions of Advertiser and Publisher applications
March 2019 Release of the initial versions of operational applications and smart contracts
For more Information,Please see the Link Bellow :
Ubex Official Website: https://www.ubex.com
Whitepaper: https://www.ubex.com/wp/Ubex-Whitepaper-en.pdf?8974
Telegram: https://t.me/UbexAI
Twitter: https://twitter.com/ubex_ai
ANN Thread: https://bitcointalk.org/index.php?topic=3393244
Author :phatpharm20
Bitcointalk Username: phatpharm20
Bitcointalk Profile:https://bitcointalk.org/index.php?action=profile;u=2038562
ETH Address: 0x1cff5da802703815aea69be79491c636369d0d1f
