Ambire AdEx/Adex Network
Ambire AdEx/Adex NetworkName
Ambire AdEx/Adex Network
Summary
Ambire AdEx is a decentralized digital advertising solution that eliminates fraud, helps advertisers optimize their budgets and safeguards user privacy.
-It was founded by Ivo Georgiev and Dimo Stoyanov in 2017
-The AdEx token itself (ADX) is based on Ethereum.
Rating
Symbol
ADX
Overview
Ambire is the new name for AdEx Network, a startup that promotes itself as a "next-generation digital advertising solution" as well as a DeFi-focused crypto wallet.
Ambire began as a decentralized ad exchange in 2017 and has now grown into a comprehensive system for trading advertising space and time. Ambire AdEx is a protocol developed by Ambire. All interactions between publishers, advertisers, and end-users are covered.
Historical Price Movement (in INR)
Technology
It uses the OUTPACE layer 2 payment channels to make micropayments on Ethereum and supports DeFi staking of its native ADX currency.
Since, it's based on ethereum, the programming language used is Solidity.
Use of Native tokens in the ecosystem:
The Ambire AdEx platform's native utility token, ADX, is utilized to incentivize validator uptime and ensure the seamless operation of all advertising campaigns.
Token Allocation
Ambire (formerly AdEx Network) became live on June 30, 2017, with a total of 100,000,000 ADX tokens issued. The corporate team upgraded the token in September 2020, allowing for the issuance of an extra 50 million tokens. The total amount of coins in circulation is 114,160,982 ADX at this time.
Volume (As of 3rd April, 2022)
$8,627,487
Total Supply
150000000
Circulating supply
142,557,523.66 ADX
Crowd Sales
Ambire has raised $3.2 million in one round of investment.
Funding
2/12/2021: Seed Round - $3.2M
Country
Republic of Estonia
Name of Organization
AdEx Network OÜ
Year Incorporated
2017
Registered Address
Narva mnt 5 Central city district, Tallinn Harju county 10117
Dispute Resolution and Governing Law
Republic of Estonia
Country Risk Assessment
B1
Founding Team
| Name | Designation | Education | Experience |
| Ivo Georgiev | Founder and CEO | Saint knyaz Boris I, Asenovgrad: NA | 9 Yrs |
| Dimo Stoyanov | Co-Founder | University of Economics - Varna: bachelor, Marketing and Trade Economics | 14 Yrs |
Whitepaper 
