ALX Token Allocation Token allocation is a mechanism for distributing tokens so that a wide supply is available once the Algebraix Network begins to operate and a flow of advertisements can be established. At genesis, 100 billion ALX tokens will be created. No further coins will be created and there will be no mechanism for their creation. The ALX tokens will be distributed as illustrated in the above diagram. The allocations will be as follows: • 25% are available for the SAFT (Simple Agreement for Future Tokens) token pre-sale. • 15% make up the Company Account to be allocated to Algebraix staff and also, advisors, agents and suppliers. • The remaining 60% form a company contingency reserve, some of which will be used to promote Algebraix network growth. Well, there is a lot to learn about this amazing project. For more detailed information, please check their announcement thread - https://bitcointalk.org/index.php?topic=3123790or their website - https://algebraix.io
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The Permission Engine The cost of gaining the consumer’s attention has grown by a factor of 7 - 9 over the last two decades provoking a digital environment where ads are aggressive and intrusive: pop-ups, autoplay videos, unavoidable video ads, search result ads—even ads that stalk you from web site to web sites. The Algebraix Entertainment Platform will provide a welcome contrast to this. It will change the relationship between consumers and advertisers to one based on trust and equity. Advertisers will select target groups of users from a database of anonymized user data that users have chosen to reveal. Targeted users will have the ads listed within the Algebraix mobile phone app. They will be rewarded in ALX tokens when they watch an ad and Algebraix will take a simple commission on each interaction. The activity of both users and advertisers will be regulated by a reputation system to maximize the likelihood that users respond to ads that genuinely interest them and the ads the network carries please the audience. Digital advertising will be better targeted and the audience will be more receptive. A free market will be created where advertisers bid to gain attention and reward their potential customers with ALX tokens. In this advertising ecosystem, the consumer will be rewarded—not the Internet behemoths. So now you get paid for viewing your favorite content. The token sale is ongoing. For more detailed information, please check their announcement thread - https://bitcointalk.org/index.php?topic=3123790or their website - https://algebraix.io
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Algebraix’s blockchain-based platform will enable individuals to be paid ALX tokens to view advertisements, initially from the entertainment sector: movie ads, TV program ads, games ads and music ads. Entertainment companies will deliver their fascinating ads directly to consumers and reward them for their attention, instead of paying fees to the digital advertising giants. By focusing first on the entertainment sector, Algebraix will delight users and swiftly grow its audience, prior to expanding its advertising business to involve other sectors, adopting a similar strategy to how Amazon grew its on-line retail business by concentrating first on books and then CDs before expanding it to address a much broader market. Consumers will be paid for doing what many of them they were already doing, except that their activity will be voluntary and permission-based. Users will choose what to view. And because they will be rewarded in Algebraix’ ALX token, the mass audience for this advertising fare will quickly learn how to earn, save and spend a cryptocurrency, encouraging the mainstream adoption of cryptocurrencies. This is an absolute frenzy. No better place to be than in Algebraix. Missing out on this train? No way For more detailed information, please check their announcement thread - https://bitcointalk.org/index.php?topic=3123790or their website - https://algebraix.io
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Algebraix mission is to end data exploitation and empower individuals to control and manage their own data. They seek to facilitate trust between advertisers and consumers, enabling consumers to monetize one's personal data while delivering improved ROI to advertisers. With this mission in place, adequate work has been put in place and a working product already in hand, currently undergoing beta testing. One interesting news is that the tokens currently been sold are so cheap and there is absolutely no hype on the price. Any person buying into their ICO which is an SAFT will definitely cash in on a very profitable investment in the near future. Why don't you take a small stroll to their info pages and read them up a bit. For more detailed information, please check their announcement thread - https://bitcointalk.org/index.php?topic=3123790or their website - https://algebraix.io
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Algebraix is another blockchain project that is not only innovative but an exact need for our current time. With the stories covering the headlines daily about how people are getting more and more frustrated with Facebook and so many other social medias who are centralized data mongers, everyone is crying out for a real solution that will not only guarantee security and privacy for their data but also total decentralization and individual control of one's data. Algebraix has a fully enabled platform with a working product that deals with the underlined need above and also added some icing to the cake by incentivizing people's activities on the platform. This project will establish a wholly new and innovative advertising market that, for the first time, will enable individuals to monetize their personal data. For more detailed information, please check their announcement thread - https://bitcointalk.org/index.php?topic=3123790or their website - https://algebraix.io
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Isn't it amazing, that one of the latest addition to the blockchain community are some group of amazing team members who has done exponentially well in applied mathematics and have invented data algebra. The data algebra which they invented was what they used to come about some technical data analytics which will end up restoring power back to the people and enable everyone to have full control of their data, deciding which content or advertiser benefits from their information and so on. Let's look at an overview of the data algebra invented by the Algebraix team. With over 7 years of R&D, Algebraix invented Data Algebra® and proved its effectiveness in a variety of data management contexts including a new approach to database query optimization that enables: - Faster insights
- Improved multi-user concurrency
- Lower infrastructure costs
- Reduced database administration efforts
Its technology intelligently learns and adapts to a database environment. Another interesting fun about their invention is that they have nine patents. Algebraix platforms are based on their fundamental innovations in a field of applied mathematics: the algebra of dat. As a consequence, Algebraix has built a portfolio of patents around its technology platform. For more detailed information, please check their announcement thread - https://bitcointalk.org/index.php?topic=3123790or their website - https://algebraix.io
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Algebraix is currently in the business of creating trust between advertisers and consumers. Now people can watch their favorite contents and also get paid for doing that. For more information about this amazing project, please check their announcement thread - https://bitcointalk.org/index.php?topic=3123790or their website - https://algebraix.io
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Yeah, true. With mining, the device does the work without your input, but it sure cost so much to maintain. And yeah, you can watch your favorite content for as long as your strength can carry you. It is just expected that the awesome team backing up this amazing project will continually innovate and deploy better analytical codebase and also physical partnerships to make sure that contents will never be lacking, especially one's favorite contents.
From the look of things, it is very hintful that the team is so capable to make the project a huge success, seeing how responsible and determined they've been to come together and work on it this much.
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These days, mining cryptocurrencies has gone from just acquiring mining rigs or farms at a huge cost, to earning cryptocurrencies through another form of proof of work. This new way requires the miner to only do some work with the application on his phone or PC. A good example is Algebraix where you earn free ALX tokens when you watch videos o your favorite contents. Nothing can be more relaxing than this. Prospects that interact with content are instantly rewarded by marketers with ALX Tokens. And contents are continually being refreshed according to the favourite contents of the viewer, because marketers receive anonymized analytics that account for meaningful customer engagements. With the Algebraix app, viewers gets rewarded when they also share the contents they viewed with friends. For more detailed information, please check their announcement thread - https://bitcointalk.org/index.php?topic=3123790or their website - https://algebraix.io
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Algebraix will deliver a platform that enables individuals to conceal their identities and control, by means of smart contracts, exactly who has access to their data and how it can be used. Algebraix will empower individuals to monetize their data through rewards they receive from organizations and businesses who wish to advertise products and services. With the Algebraix innovation, you will not only fully control his data from the decentralized benefit of the blockchain, but also you will also be rewarded for your activities when you view contents you like on the platform and extra earnings when you share the information with friends. It simply can't get any better than this. For more detailed information, please check their announcement thread - https://bitcointalk.org/index.php?topic=3123790or their website - https://algebraix.io
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The Personal Secure Vault (PSV) is the user facing component of the Algebraix Platform. It is a mobile phone application that provides access to the services of the Algebraix network. It delivers the following: A personal secure data store: The mobile app will store encrypted personal data locally, using the Algebraix network for back-up and if necessary for overflow storage. Initially, we expect individuals to store their basic identity profile data. Eventually they may choose to store some, if not all, of the data we previously described. End-to-end encryption: This will ensure that data is accessible only to its owner through using a private key. The owner will have the ability to grant access to this information to others (individuals or organizations) through purpose-designed smart contract permissions, which they alone will be able to set and manage. The more interesting part of the Algebraix project is that they have a working product already in beta phase. For more information, please visit the Algebraix ANN Thread - https://bitcointalk.org/index.php?topic=3123790or their website - https://algebraix.io
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