Does anyone know detailed information about proof-of-real-work algorithm? I just want to figure out what exactly it is and why is it so unique.
egretia
Proof of Real Work powers the ad server to facilitate the fairest deal possible between the advertiser and publisher as the algorithm is not invested in its own profitability. Rather, the ad server supports an ecosystem of miners who are incentivized to create faster, more efficient machine learning algorithms to win the block.
MADnet Core is the ad server designed to execute buying and selling of advertising. MADnet Core will be powered by our proof-of-real-work algorithm, which combs through ad requests and campaigns to find fast feasible matches, maximizing throughput simultaneously ensuring campaigns deliver and inventory gets monetized. Feasible matches are defined as pairings of individual ad requests to campaigns that meet all publisher and advertiser rules including real time restrictions such as frequency caps and industry separation.
Please check out our whitepaper for more information:
https://madnetwork.io/MAD-Whitepaper.pdf
Great coverage of MAD from CNBC today!
https://app.box.com/s/zg1d97lcraq1yme7bk4wsf8ujp7s5gxr
Here is your weekly update, courtesy of the MAD Network team!NEW Updates on Cannes Lions 2018: MAD + WPP + OMNICOM =
Originally we announced that our Innovation Stage event titled “The Death of OpenRTB - Blockchain Beyond the Hype” would include Gabe Greenberg of Gabbcon, myself, and Barry Cupples, the CEO of Investment for Omnicom Media Group. Now we are delighted to announce that Gowthaman Ragothaman of Mindshare and WPP will also be joining us!
This is huge news as WPP and Omnicom Media Group are the two leading advertising holding companies in the entire industry.
For more information, check out the Cannes Lions site:
https://www.canneslions.com/the-festival/programme#/agenda/event/the-death-of-openrtb-blockchain-beyond-the-hype-e1-30931 TOKEN UPDATES: BANCOR!
MAD is being added to Bancor! It should be live within the next week. We will keep the community posted.
In addition, MAD Token is listed on DDEX, IDEX, Cybex, Simex.global, EtherDelta and Forkdelta. We are working closely with other exchanges, and will provide updates when we get them.
ClearGDPR: MAD is now powering the leading GDPR compliance solution!
We are very excited to announce that together with AdLedger and CleverTech, we have officially launched our first product titled ClearGDPR. This open-source, web-based tool which you can install on-premise or in the cloud, has blockchain anchored chain-of-custody records.
As a blockchain based technology, ClearGDPR ensures immutability and transparency while empowering organizations to allow users to truly own their data. At such a crucial time for the digital advertising industry, we’re thrilled at how seamless and accessible this solution is for businesses to integrate into their infrastructure.
For more information and to check out documentation of our open-source project visit:
https://www.cleargdpr.com/ PRESS:It was a very busy week for MAD in the press, take a look at our coverage roundup:
Forbes: “Adam Helfgott Wants Advertisers To Stop Pushing Ads Onto People”-
https://www.forbes.com/sites/alanwolk/2018/05/23/adam-helfgott-wants-advertisers-to-stop-pushing-ads-onto-people/#3da1139525aaMartech Advisor: “Can GDPR Make the Promise of Data Privacy a Reality?”-
https://www.martechadvisor.com/articles/gdpr/can-gdpr-make-the-promise-of-data-privacy-a-reality/ Forbes: “Five Tips For Blockchain Investing In Media, Entertainment And Advertising”-
https://www.forbes.com/sites/dbloom/2018/05/26/blockchain-investing-tips-media-entertainment-advertising/#3c293be42f5dCNBC (Video): “Gabe Greenberg on GDPR”-
https://m.box.com/shared_item/https%3A%2F%2Fapp.box.com%2Fs%2Fzg1d97lcraq1yme7bk4wsf8ujp7s5gxr/view/294472191733 Tech Target: “Container Adoption: Startup, Enterprise Giant Tap Partners”-
https://searchitchannel.techtarget.com/feature/Container-adoption-Startup-enterprise-giant-tap-partners UPCOMING EVENTS: JUNE 12: Adam will be speaking in NYC on a panel at Columbia Business School called “AMA New York, Blockchain 101: What Blockchain May Mean For Marketers”. If you have any interest in attending please use our discount code (case sensitive) on tickets: SPEAKERADAM.
http://www.amanewyork.org/calendar/blockchain101/ JUNE 13: Rebecca will be speaking in San Francisco on a panel at TV of Tomorrow alongside our friends Jarrod Dicker of Po.et and Will Felcon of Tegna. The panel is titled, “Blockchain and Video”. If you are in the SF area and wish to attend, please use our discount code: SPK8xa8tvotSF18.
http://thetvoftomorrowshow.com/speakers
Is A Token Economy the Answer to Ad-Tech’s Woes?Blockchain can offer a great deal of value to the ad industry without tokenization, but it is the token that really brings that potential to the next level. Tokens represent an intent to do a deal, and they represent value within the marketplace. By staking tokens into a “smart contract” and codifying the deal, both the buyer and the seller benefit. A token economy could flip the market dynamics for the middle layer, making it more profitable to actually serve the interest of buyers and sellers, which is not always the case today. Commodifying the layers in the middle will shift the fee structure from a percentage media spend to a flat fee pricing system. For the buyer, this results in greater reach for the cost, while publishers actually lower the margin compression which currently plagues the digital advertising ecosystem. The buyer gets to understand exactly how much budget they have left to spend in any given quarter, while the seller gets paid faster.
Check out our official Medium blog here to read the full article:
https://blog.madnetwork.io/is-a-token-economy-the-answer-to-ad-techs-woes-711146503d9c