Parami Protocol has proposed a blockchain-powered AD 3.0 model for Web 3.0. Parami provides a protocol stack for building a user-centric crypto advertising economy. As a Parachain built on Substrate, Parami provides cryptographic advertising services for all other parachains in the Polkadot/Kusama blockchain.
● The great benefits Parami Prototocol brings.
Parami Protocol provides a PDID (Parami DID) privacy identification solution on W3C-DID compatible Parami nodes and extends the business scope based on DID standards. In addition, the Parami Protocol can also provide a corresponding set of DIDs for other DID standards. Through PDID, it is possible to connect to users' social media accounts in web 2.0 (including WeChat, Twitter, Telegram, etc.) for social authentication in addition to on-chain information, all of which are owned by the user. owned and encrypted.
AD 3.0 users have absolute sovereignty over their own identities and data. Advertisers can accurately gauge the value of marketing to individual users through PCAP (Personal Cryptocurrency Advertising Preferences), an encrypted marketing profile, without compromise violate their privacy. Additionally, the user's PCAP is updated after each interaction, allowing for cross-platform, user-centric marketing data integration.
Users can then monetize privacy computing while protecting their privacy; and so they won't fake their preferences to get free benefits. The Zero Knowledge Proof algorithm is used to determine the distribution mechanism, the proof is generated from PCAP tailored for smart advertising while protecting user privacy. By eliminating middlemen and their data black boxes, AD 3.0 users and advertisers can realize an equal and full-value interaction.
The upgrade from conveying information to interacting value is a huge difference between Web 3.0 and Web 2.0. Value interaction is different from information transmission, which requires greater security and privacy of data. Only when there is enough privacy protection can users contribute more real data and the Web 3.0 network can be more open. From a certain perspective, AD 3.0 can be viewed as an accelerator of Web 3.0.
● Problems that Parami will solve.
The Internet giants that benefited from opaque data ownership in the Web2.0 era are saying goodbye as the world moves into a new era. Google has announced that it will be phasing out its most widely used tracking technology, “third-party cookies,” and Apple has announced a ban on the use of IDFA. These moves will hurt companies that place a lot of customized and precise ads like Amazon, JD and Taobao.
In the Web 2.0 era, the Internet giants operate in a distributed manner, depriving users of their own identities, with personal data and online behavior data stored fragmented in the Internet. systems of Google, Tencent and Apple. On the one hand, it causes advertisers to misjudge targeted users resulting in reduced ROI. On the other hand, users are exploited by the Internet giants for their rights. With this method of middlemen putting data into black boxes like isolated islands, no real connection can be made, as if two parties trying to exchange value are in the dark.
This is where the AD3.0 value interaction protocol stack, which integrates a range of technologies, such as DID aggregation and individual privacy computation, begins to show its value.
● Basic information about AD3 token
Token Name: Parami Protocol
Ticker: AD3
Blockchain: Polkadot
Token Standard: Updating
Contract: Updating
Token Type: Utility, Governance
Total Supply: 100,000,000 AD3
● Token Allocation
Seed Sale : 10%
Private & Strategic Sale : 10%
Public Sale : 1%
Project development team : 15%
Operating Fund : 15%
Parachain Auction and Ecosystem Development : 49%
● What is AD3 token used for?
Issuing social coins and NFTs.
Operation fee
Governance
Staking
Placement auction.
Organize encrypted ad
With the development of Web 3.0, user personal data becomes more and more important. There are more and more solutions to help users earn profits from their own personal information, as well as help users secure personal information to avoid being illegally profited by technology companies from user information. . Parami Protocol is a solution to help users solve these problems. If Parami Protocol successfully auctions Parachain, this will be a potential project and worth considering for investment. Through this article, you must have somewhat grasped the basic information about the project to make your own investment decisions. Wish you success and make a lot of profit from this potential market.
Social
https://www.parami.io
https://t.me/ParamiProtocolEN
https://twitter.com/ParamiProtocol
https://paramiprotocol.medium.com/
https://discord.gg/bxFuekgvYJ