Project Name: Adshares
Project Track: [Web3]
Team Name: Adshares
Team Member(s): 2-3
DevPost URL: https://devpost.com/Adshares
The main goal of Adshares is to become the standard for web3 advertising. The Adshares protocol is already successfully operating on Ethereum, Polygon and BNB Chain, enabling metaverses and blockchain-based games to provide more utility to their users. You can think of Adshares as an engine for monetizing the lands, NFT or any space. By creating a bridge to the Tron network and BTTC, coin ADS (TRC-20) will enable users to earn money on their lands in metaverses and games in the Tron DAO ecosystem, similar to what is happening now in Decentraland. $ADS will be used as the fuel/backend for monetization and metaverses will be able to use the native token of the game for their users. In addition, the bridge will also enable the expansion and development of the BTTC chain. We see a great value and potential in joining the growing Tron ecosystem, based on its constant growth and development.
The first step is to create an ADS bridge to the Tron DAO network. Then, it will be possible for any metaverses, games, BTTC and other projects in the Tron ecosystem to integrate with Adshares Protocol, enriching utilities with monetization in the form of digital programmatic ads.
Wrapped ADS Coin allows Metaverse creators to add extra utility to the project’s native token. Payouts from ads can be distributed in a native project token which is causing instant and constant demand for the project tokens.
Project Details: Adshares is a decentralized advertising Web3 protocol designed to provide blockchain-based ad software to the ad tech industry. The protocol enables advertisers to manage all their digital advertising from one place - and helps creators and publishers to monetize their space in Metaverse, blockchain games, NFT exhibitions, websites and any advertising space in the world (DOOH). The mission of Adshares is to become the global web3 advertising standard. Available to any media, websites, metaverses, games, social media, VR/AR, and mobile apps.
This is what Adshares does for the market:
- Provides decentralized Web3 ad networks and software
- Simplifies blockchain adoption by the ad tech industry
- Brings transparency to advertising buying and value chain
- Helps agencies manage their digital advertising assets
- Digital space monetization across Web2 and Web3
- Advertising transactions without intermediaries
- Enables placing ads in web3 apps and the Metaverse
- Enables publishers to be paid directly and immediately
- Develop a bridge smart contract
- ADS on TRX
- Launch of the bridge
- Adding the Wrap/Unwrap function to ADS native wallet
SunSwap DEX listing
- Adding the initial Liquidity Pool ADS/TRX
- Wrap / Un-wrap tests
- Start the awareness campaign across TRON community
- Conduct the Discord live meeting devoted to the topic
- Metaverse campaigns promoting ADS/TRX on SunSwap and ADS (TRC-20)
- Websites campaigns promoting ADS/TRX on SunSwap and ADS (TRC-20)
Metaverse Collaboration Phase
- Integrate the first metaverse/game present in TRON ecosystem
- Provide the complete functionality of the protocol for this metaverse users
- Create a case study based on the data
- Present the case study on social media
- Create a Youtube video explainer
- ADS on BTT
- Explore the possibility of integration of Adshares into the BitTorrent client
Q: How novel and innovative is the idea? Does it set out to do something unique or at least improve existing models?
A: The idea is to bring the Adshares Protocol, which is a web3 & metaverse advertising protocol to the TRON network. By creating a bridge from native chain Adshares will allow to literally any metaverse, game, application or utility project to benefit by using the web3 ad infrastructure provided by Adshares. ADS coin will be brought to TRC20 and providing new utility for TRON users. ADS may work as the backend for monetization of any virtual asset created on TRON.
Q: What is tech like? Is it user-friendly and does it have comprehensive and efficient features? Is it designed to scale?
Q: What is the value proposition and how does it set out to differentiate itself? How will it capture the market and/or generate revenue?
A: Value proposition is the possibility to easily integrate and utilize the network of several ad networks already operating in Adshares Ecosystem. Users of any metaverse, game or app may monetize their virtual assets by simply placing the banner ad on their lands. Besides, projects that create such apps or games might use ADS as the backend and provide the monetization rewards in the project’s own token.
Q: What is the user experience like? Is it clean and intuitive such that users not familiar with blockchain can easily interact with the program?
A: In current solution in other metaverses the UX is as simple as possible. The land owners just uses the one dynamic element from the library, places it on the land and pastes the wallet address in the parameters. Done. The ads are shown on the billboard and user makes profit straight to the wallet.
Q: Is this something the community would actually use and want? Will the idea have an impact on the crypto community?
A: Many users are complaining after buying the land that they have nothing to do with it. Unless they are hosting virtual events or create some exhibitions. The Adshares solution allows user to generate revenue out of the land without any action. The traffic from the land is monetized, rewards are send out to the wallet and the owner can just rest & relax. The impact on the community
Q: How does your idea increase crypto adoption, value for its users, and innovation in the field of blockchain? Does it welcome new users and help existing users?
A: The crypto adoption definitely increases thanks to Adshares solution. It brings ad tech businesses to web3 and moreover introduces them to TRON ecosystem. Advertising is driving the economy and Adshares is a pioneer in the field of bringing the ad sector to web3. Many brands would like to exist in metaverses and they know only RTB solutions when it comes to advertising. Adshares provides familiar UX and possibility to get brands exposure in web3 space like metaverses, games and other apps. The system is under constant development to bring the best support and experience to both new and existing users.