The decentralized blockchain platform ad network AdEx will work closely with the NEO Smart Contracts System, often referred to as “the Chinese Ethereum”:
— AdEx (@AdEx_Network) August 15, 2017
Thus, AdEx plans to implement a full transition to the NEO smart contracts system, which is very well thought through and effective, according to the AdEx representatives. They also believe that this cooperation will contribute to the development of the NEO ecosystem, and the new platform for the exchange of ads will become one of the first decentralized online services based on the blockchain.
We see the huge potential of NEO and this is why we are aiming at becoming the first NEO-based DApp. We are exciting about porting the AdEx core as we are convinced this will increase the efficiency of our advertising network.
CEO and founder of AdEx
According to Tony Tao, Secretary-general of NEO Council, this step will also have a positive effect on the further development of the so-called smart economy:
We are looking forward to AdEx moving its core to the NEO ecosystem. We are positive that DApps will help us push the Smart Economy further, and AdEx is an excellent trailblazer for this.
Secretary-general of NEO Council
As reported, AdEx is currently working on releasing a prototype of their service. The prototype will be presented earlier than planned — the project’s white paper stipulates the first version of the platform will be released in February 2018, however the AdEx team is optimistic that it will be available to the general public a few months prior to that. The project is developing at a fast pace, and the ADX token is gaining a momentum on the various exchanges where it is traded.