Bigbom Eco - Decentralized Advertising Ecosystem
Available for all advertisers, agencies, ad platforms, and ad channels
Bigbom Eco is a decentralized advertising ecosystem for all parties involved in online advertising, including advertising, content publishers and advertising channels. Bigbom Eco is developed using smart contracts, running on the Ethereum blockchain and Tomochain. All connected data via Bigbom Eco is transparent, accurate, autonomous and immutable when data is posted on blockchain.
BBO, implements using ERC-20 standard, is the main utility for transactions under Bigbom Eco’s ecosystem. The reason we have our own token is we wanted to have better ownership, and make it easier for users on the ecosystem. Relying to other cryptocurrencies/tokens brings a lot of risk to Bigbom, since they can change their own policy. advertisers can buy BBO tokens during the ICO or purchase it on exchanges after the ICO is completed, or buying it directly from our reserve using credit card (explained in next section).
The majority of the features on the Bigbom Marketplace are operated by smart contract. When a party (advertiser) needs to use online advertising services from service provider (ads platform/publisher), both parties will agree on the price and specific commitment (KPIs) at the time signing smart contract.
A full overview of the various stages incorporated into the smart contract can be found below:
Key technologies used on Bigbom iAds:● Microservice architecture & docker
● Ad campaign synchronization system using asynchronous batch processing system based on NodeJS and Redis
● NoSQL database with low latency, high scalability.
● Connected to blockchain for secure transactions
● Self-developed algorithm to continuously updates the results of advertising campaigns for optimizing bidding price.
Bigbom iAds will tackle difficulties on the same platform:● By using a self-optimized algorithm, Bigbom iAds works as an assistant robot for advertisers 24/7: during working hours, at night, in the weekend and during public holidays.
● Managing campaigns according to KPIs and optimized ads based on expected bidding price of advertiser across multiple channels.
● Scanning thousands of ads in each account, every 15-30 minutes and automatically adjusts them in real time.
● Automatically raises and lowers bidding on ad channels.
● Automatically turns off ads that are not performing well or have a low conversion rate.
● Automatically allocates budget between channels in real time, based on campaign performance.
● Tailoring ad audience suggestions.
● Automatically performs A/B testing over hundreds of ads to find the best ads, landing pages, and ad objectives.
● Making it easy for advertisers to manage and compare multi-channel data by providing synchronized, real-time reporting on all channels.
● Managing thousands of advertising accounts on a single Bigbom account.
● Creates hundreds of campaigns across multiple accounts under one Bigbom iAds campaign.