Ontology and DAD to build Blockchain Advertising Ecosystem

Today Ontology, a new distributed trust collaboration platform, declared its strategic coollaboration with blockchain digital advertising platform DAD
26 June 2018   953

Both partners are aimed to co-create a blockchain-based internet advertisement platform for establishing a new advertising trust system. Ontology’s public chain basic services, high-performance customizable blockchain framework, smart contract tool SmartX, and other technologies will be implemented with the DAD advertising platform.

This will increase mutual trust amongst advertisers, online traffic, and customers. Also, Ontology scenarios such as human and object multi-factor identification and authentication, as well as distributed data collaboration and exchange, can set up comprehensive personal profiles, drive the improvement of precise injecting and targeting technology, and enable advertising information to reach people who really need it. Finally, this will further onboard data and make transactions more transparent, increase users’ sharing revenue, and ensure fair and reasonable advertising transactions.

Nowadays, the digital advertising industry is facing the lack of trust amongst participants, therefore, the demands for highly-effective advertising algorithms, strong anti-cheat systems, distributed ledgers, and data onboarding are pressing. The technologies that Ontology provide will effectively facilitate solutions to these pain points and boost the digital advertising industry with more efficiency and convenience; at the same time, this cooperation is a broader extension of Ontology’s real economy strategy. We look forward to shape a new blockchain internet ecosystem with DAD.
Jun Li
Founder, Ontology

DAD (Decentralized Advertising) is a new generation blockchain digital advertising platform. The firm have serviced more than 110,000 advertisers, including Baidu, Alibaba, Meitu, 360, Uber, Toutiao, Huobi, OKEx, Cobo Wallet, etc. With blockchain technology deeply reforming the advertising industry, it lets users take full control of their own data privacy and choose the advertisements they want to see. DAD also presents a token incentive scheme, which enables clients reap the benefits of their data usage and be 100% beneficiaries of advertising revenues.

Old Korean Social Network to Close After Tokensale

Cyworld platform started operating back in 1999 and it conducted an IEO at CoinZest this year
14 October 2019   49

Investors who acquired the clink cryptocurrency issued by the South Korean social network Cyworld are worried about the status of their investments due to the company's sudden closure, reports Korea Times. Some of them are ready to go to court.

The Cyworld platform was launched in 1999 and was especially popular among the country's population until the mid-2000s. The company, however, failed to see the trend towards the development of mobile solutions on time and as a result lost its position in the market. On October 1, it closed her platform without posting any warnings to users.

At the same time, the Clink site was unavailable, and Cyworld management continues to ignore the numerous requests of investors. The Korean exchanges CoinZest and BitSonic, where Clink is still being traded, are considering delisting the asset. Industry officials say Clink's investor losses will be at least 1 billion won ($ 845,000).

Clink's primary distribution was through IEO through the CoinZest platform earlier this year and, according to the Korea Times, it was the company's attempt to bring a fading social network back to life. A total of 24 million Clink tokens were sold for a total of 480 million won ($ 400,000).

In the second half of 2019, employees who have not received salaries since the end of 2018 began to leave the company en masse. Since the start of trading, the Clink price has fallen from 26 won to 0.19 won. According to the Coingecko portal, Clink's current capitalization and revolving volume are unknown, while the marginal issue volume is 10 billion units.