AB-CHAIN Weekly Report February 5–11
In weekly reports, we tell about the progress accomplished in the development of the AB-CHAIN ad network in the past seven days!
1. We have changed the AB-CHAIN token name to — RTB, which stands for “Real Time Bidding.” Soon we will update the name on the website and in the whitepaper. RTB is going to be the official code of AB-CHAIN token from now onwards.
2. We have published RTB token smart contract in Ethereum blockchain. The token smart-contract contains the combustion functionality. We also provided the possibility of simple migration to another contract to allow easy update of the token once the majority of the supply has been burned.
3. We successfully purchased advertising with RTB tokens as well as applied 50% commission burning mechanism on our test network. We plan to introduce these features in the live version of the network next week. Despite AB-CHAIN being in an early stage, the network is already becoming fully-featured!
We hope that you found this report useful. Follow our social media and stay updated on AB-CHAIN progress!
In weekly reports, we tell about the progress accomplished in the development of the AB-CHAIN ad network in the past seven days!
1. We have changed the AB-CHAIN token name to — RTB, which stands for “Real Time Bidding.” Soon we will update the name on the website and in the whitepaper. RTB is going to be the official code of AB-CHAIN token from now onwards.
2. We have published RTB token smart contract in Ethereum blockchain. The token smart-contract contains the combustion functionality. We also provided the possibility of simple migration to another contract to allow easy update of the token once the majority of the supply has been burned.
3. We successfully purchased advertising with RTB tokens as well as applied 50% commission burning mechanism on our test network. We plan to introduce these features in the live version of the network next week. Despite AB-CHAIN being in an early stage, the network is already becoming fully-featured!
We hope that you found this report useful. Follow our social media and stay updated on AB-CHAIN progress!
It seems like RTB doesn't related to AB-CHAIN, I wish that picked up a symbol that close to your brand name to make it easy to remember, anyway we have to use to it now.
I also dont understand why they do not take the symbol AIB ? The official name of AB-CHAIN is Ads in Blockchain. So this could be a better solution bcs of the relation to the official name. Real Time Bidding sounds like a shopping platform.
Doctor-Coin, Real Time Bidding is "a means by which advertising inventory is bought and sold on a per-impression basis, via programmatic instantaneous auction, similar to financial markets. RTB is promoted as being more effective than static auctions for both advertisers and publishers in terms of advertising inventory sold", quote from Wikipedia. There is a connection, as you can see :-)
