Jade
A decentralized Cryptocurrency for ethical advertising
Jade Token Sale- September 14, 2017 5 PM CST on etherdelta
What is Jade?
Jade is a decentralized advertising protocol based on blockchain and ethereum smart contracts. It is a tool to both bridge the gap between advertisers and consumers, while also blocking intrusive and malicious ads online.
Goals and Vision
Jade will fix the numerous problems currently present in the online advertising industry. Unethical collection of data from unwilling consumers, fraud, use of ad blocking software, and inconsistent communication. Jade uses a decentralized blockchain network to create a platform for both advertisers and consumers to benefit.
Decreasing Trust in Organizations
There is a clear downtrend in consumer trust of large organizations such as Google and Facebook in keeping sensitive data private. Companies sell their user’s data to advertising firms frequently, which is a worrying development. With the Jade protocol, users information will remain anonymous, preventing companies from selling user data.
Jade Token
Jade is a token based on Ethereum. It uses a system of smart contracts and a blockchain network to create the Jade Protocol.
Ethereum is a programmable crypto currency which allows for the creation and deployment of smart contracts, which are computer programs that can create contracts which are secured through cryptography. Advertisements will be created on the platform, and paid for in Jade. In addition, advertisements that do not meet the standards set by users or which are not in that user’s interest are flagged and removed. Users are incentivized to take down unethical ads by receiving payouts in Jade.
What is Jade Protocol?
Jade Protocol is the program which advertisers, publishers, and consumers use to transfer Jade tokens and both create and flag ads. Jade Protocol will be released for both PC and mobile devices.
How Does It Work?
Jade Protocol runs on a blockchain, allowing for private and secure transfer of tokens. Ads that are deemed malicious or fraudulent will be removed if a certain number of users flag the same ad. Advertisements that are created require Jade to be made, and will then be available to use across the protocol.
Token Distribution
Token Sale
5 million Jade will be sold at a price of $.01 USD, or roughly .000063 ETH.
The sale will commence on Etherdelta. After the token sale additional exchanges will be added.
Total Supply: 10 million
