AdMine is designed in such a way that when an internal currency (MediaCoin) purchase is submitted by the user, the platform automatically generates a request form on the stock exchange for MediaCoin purchase from investors at the current exchange rate. For the user this process will be invisible, the user will receive a balance on his/her wallet – in proportion to the amount of transfer. Thus, the system automatically buys tokens from investors by distributing them among users within the system.
– to create a social network of brands based on the Blockchain technology;
– to attract users’ attention to advertising and increase its effectiveness by creating favorable conditions that will enable all participants to benefit from collaboration.
The project AdMine suggests users earn cryptocurrency for watching ads, convert it on the market or transfer to personal accounts. Using an embedded system of chats and service desk all users can exchange messages and make suggestions regarding an improvement or resolve emerging disputes involving auditors if necessary. Each user can create a card of favorite brands, find new unknown brandsn using a form of search, be aware of new suggestions, participate in campaigns and get discounts, and buy their most favorite products and order services with the earned money.
Media Coin tokens are ERC-20 compatible tokens distributed on the Ethereum blockchain pursuant to a related ERC-20 smart contract (the “Media Coin Tokens”). Payments are done by means of a token realizing a local financial system, that doesn’t depend on external currencies and quotations. The volume and allocation of tokens are regulated by a smart contract, which condition of operating is opened to any potential investor. An investor can sell tokens to new users. To do that, it’s enough to send a request to sell tokens on cryptocurrency market and the system will automatically buy tokens. Investors will see in real time how the invested advertising money is used.
The operation of the platform AdMine is based on the functional work with crypto wallets of the system participants. It allows performing operations of depositing funds to the account using the most common kinds of cryptocurrencies, such as BTC, ETH and others. Each wallet reflects total gross funds at the current moment in dollars that is a standard practice of crypto wallets. All kinds of operations inside the system are implemented through the main cryptocurrency AdMine (MediaCoin) which is the basis of the project ICO and belongs to investors until the moment of sell. In the process of the system operation, most of MediaCoin is moving into the circulation, which will contribute to the main and long-lasting growth of their cost due to the increase of demand. The organization of buying MediaCoins by the system participants is implemented through the cryptocurrency market allowing to do internal exchange of the main cryptocurrencies for MediaCoin.
AdMine is a new kind of cryptocurrency mining where it is not necessary to use computer capacity. The user gets coins for viewing ads on the Internet, evaluating product quality, providing personal data for analytical services, passing marketing quests and testing games.
- Token: MCN
- Supply: to be announced
- Accepting: ETH