AdEx Network Price (ADX)

What Is AdEx Network (ADX)?

AdEx Network describes itself as a new-generation solution aiming to address and correct some of the most prominent inefficiencies of the online advertising industry.

AdEx originated in 2017 as a decentralized ad exchange and subsequently evolved into a full protocol for trading of advertising space/time and the subsequent verification and proof of ad delivery. It covers all interactions between publishers, advertisers and end users.

AdEx Network works through micropayments on Ethereum by utilising the OUTPACE layer 2 payment channels, and offers DeFi staking of its native ADX token.

The AdEx team also develops an open source platform built on top of the Ethereum implementation of the protocol, available at https://platform.adex.network/. Since the public launch of the platform in 2020, it has gained more than 4,000 registered users and has processed 800+ million micropayments on the blockchain.

ADX is the native utility token that is used for incentivizing validator uptime and ensuring the smooth running of all advertising campaigns on the AdEx platform.

Validators are appointed for each advertising campaign on the platform, and are responsible for processing the micropayments between publishers and advertisers through layer 2 payment channels. The more tokens are staked, the stronger the reliability guarantees of the validator network. As of late 2020, the staking APY is over 50%.

AdEx Staking

In January 2020, AdEx Network launched the company’s staking portal, where ADX holders can receive rewards for staking their tokens. These rewards were initially limited to a portion of the validator fees paid per campaign on the AdEx advertising platform. In September the same year AdEx staking was expanded to include security mining as well, and soon after a Loyalty Pool was added too, using Chainlink price feeds.

Learn more about AdEx Staking

How Many ADX Coins Are There in Circulation?

Adex Network launched on June 30, 2017 with 100,000,000 ADX tokens created at that date. In September 2020, the company team performed a token upgrade that allowed for an additional 50 million tokens to be minted. To date, the total number of coins in circulation is 114,160,982 ADX.

Who Are the Founders of AdEx Network?

AdEx Network was created by Ivo Georgiev and Dimo Stoyanov - seasoned entrepreneurs with a track record. The duo is also the powerplant behind the media streaming platform Stremio that has 14+ million users around the globe.

Today, a team of 20 professionals works on the AdEx Network advertising platform and staking ecosystem.

Where Can I Buy AdEx Network (ADX)?

ADX is available on some of the largest exchanges in the world: - Binance: ADX-ETH, ADX-BTC - Bittrex: ADX-ETH, ADX-BTC - Upbit Korea: ADX-KRW - Huobi: ADX-BTC - HitBTC: ADX-ETH, ADX-BTC, ADX-USD - Folgory: ADX-ETH, ADX-USDT - 1inch.exchange - Uniswap V2 - Mooniswap - SushiSwap: ADX-ETH - WazirX: ADX-USDT - CoinDCX: ADX-BTC - IDEX: ADX-BTC - Fatbtc: ADX-ETH - VCC Exchange: ADX-ETH, ADX-BTC - Balancer: ADX-yUSD