NOIZ
There is no business that wants to thrive amidst competition that does not apply the use of the internet to boost the business. This is why internet adverts were created, and there are different types of internet-based adverts being offered by different ad networks. The integration of the blockchain technology into online adverts, eliminates the centralization and monopoly of non-blockchain based ad networks. Furthermore, the traditional ad networks are known to have ripped both advertisers and publishers off while getting the most part of the profits.
NOIZCHAIN which is a decentralized blockchain based d network created to solve the problems encountered with traditional ad networks, such as ad networks having more power over the community. Hence, NOIZ intends to give the community control of the adverts. In so doing, they will also eliminate frauds and ensure engagement is driven to target-specific ads, while engaging social impact organizations.
NOIZCHAIN functions according to its classification, these classifications include:
• P2P Ad Exchange
Publishers and advertises on the platform can interact with each other and transact adverts and payments. For standards, the NOIZ platform is created in a way that the community is responsible for setting the standards as regards quality content, and this is done by carrying out votes in favor of or against advertisers with either good or bad business principles, and it also applies to publishers who plagiarize contents and post news without credibility.
• Cognitive Banners to Enhance Engagement
NOIZ is not just using the blockchain technology to right the wrongs of traditional ad networks but is also integrating the use of artificial intelligence. Advertisers using the NOIZ ad network will enjoy the services of “Nikolai” which is an AI-powered banner ad that can generate as much as 30 times more consumer-targeted engagements, with advertisers getting unhindered access to the engagement. Furthermore, with the blockchain technology, it is easy for the ad interactions to get recorded, and that is a transparency feature.
• Protection via Permissioned Privacy
As a decentralized system, the users of the NOIZ ad network are in complete control of their private data, hence, no 3rrd party or intermediary can alter or tamper with the user’s private data. In addition to all of this, NOIZ compensates its users with NOIZ tokens for any data shared with trusted publishers and advertisers on the platform.
• Airdrops and Rewards Wallet
Unlike so many other ad networks, there is the provision for advertisers to airdrop NOIZ tokens to their consumers for different reasons including: loyalty in the form of reward points, product discounts as coupons, or simply because the consumers engaged with the banner ads published. In other to get these coupons and reward points, the user needs to use the NOIZ wallet, which automatically receives the reward points and crypto-based coupons, and they can get redeemed through various channels like via NOIZ partner companies, or via the offering party.
Tokenomics
The NOIZ platform will function with the NOIZ token, which will be the incentive used on the platform for the different services offered. Redeemed coupons will have the tokens donated directly to charitable foundations. In order for advertisers to receive NOIZ tokens, they will have to pay digital ad fees, then the tokens get used to pay for ad space, ad creation, and user engagement. Publishers and users of the platform also need the tokens for various purposes.