Cryptocurrency

India’s first news platform to launch Web3 based ad network

PRI ECO GEN NAT. An approach to corporate governance, value creation and stakeholder engagement with paripassu interests. It represents an opportunity where people are not just products or beneficiaries of technology-driven business models, but builders and owners of unique digital assets. Wortheum Ad Network will become the architect of the global revolution in the world of advertising through Web3 and with the help of blockchain technology. Now is the time for Web 3 and the future of decentralized advertising. – Ashutosh Singh, CEO, Wortheum. Wortheum Ad Network Platform is the unique revenue model for users of wortheum platform while creating a P2P economy model for Worth Coins. Lucknow/Delhi, November 24. Wortheum ad network which is the first of its kind in web3 is officially launched. Wortheum CEO Ashutosh Singh said on the occasion that Wortheum Ad Network will become the architect of the global revolution in the advertising world through Web3 and with the help of blockchain technology. Now is the time for Web 3 and the future of decentralized advertising. He further explained that when we talk about Web2, there is a strange maze of ads in Web 2, not only to those who see ads but also to those who buy and promote ads. It is known that the entire advertising ecosystem is dependent on some large Internet companies, which retain a large part of the benefits of both the advertiser and the user of advertising. Small businesses in the field of advertising are also no exception to this because they are also centralized, which simply means that the majority of your advertising revenue goes directly into their pockets and this sometimes creates a strange situation in media and marketing strategy. Not only is it a monopoly, Web2 users also face the problem that social media platforms also sell user data to advertising companies, which interferes with their privacy and marketers use their personal information. After the advent of Web3, this entire advertising ecosystem has completely changed. The solution to changing the advertising culture is now available in web3’s decentralized ad network. This ad network is based on a blockchain-based delegated proof-of-stake news platform and is also powered by its own news network. Its biggest advantage is that the advertiser will not have to worry about their ad being restricted or removed from the platform without any reason because all the ad based activities are done on this platform. Only the management of the ad network will approve and monitor ads without taking any identity of the advertiser, which simply means that the quality of the ad will decide that it is good enough to be seen by masses of users or not. Users of this decentralized advertising network based on blockchain technology also have the advantage that blockchain technology does not store personal data of its users. Not only that but there are no fake accounts or bot accounts in this decentralized news network, and the advertiser has the advantage that whoever sees his ad is actually a human and not a computer bot. Looking at some technical details about Wortheum ad network, Vishal Verma, CTO at Wortheum said that this network works in such a way that WortheumBlockchain will issue its coins to its users who are journalists or news readers, and to place ads on Wortheum news platform or news network, ad user will need to purchase Coins from the exchange or users who earn these coins for spending their time creating or curating news from around the world. Coinstore exchange is the place to buy wortheum coin to place ads in the wortheum ad network where most users sell their coins directly for exchange. Advertisers pay the wortheum ad network by purchasing coins purchased on the market and thus indirectly distributing profits to all active participants in the network. This will be a better experience for all journalists and Wortheum users. Advertising directly affects the price of the coin where the ad network has received Wortheum coin (WTH) as the payment to the Wortheum ad network will be burnt from time to time, reducing the supply and increasing the demand for the coins. Marking the launch of Wortheum Ad Network, Dr. Sindhu Bhaskar, Wortheum Consultant, Chairman of EST Global Inc and CIC, MIT, Cambridge, USA said, “Wortheum is a Web3-based journalism platform where news articles are created by us and then curated by our readers with our own consensus model. with the blockchain. The result is real and true news for everyone, and the contributor is rewarded with Wortheum coins. He further mentioned that Wortheum has now come up with the Wortheum Ad Network Platform. This is the unique revenue model of Wortheumblockchain and its users while creating a P2P economic model for Wortheum coins. Ads will be posted in exchange for Wortheum Coins. Wortheum Coins are bought from the exchange, or Wortheum Coin holders who make ads from customers can sell their own to make it easier to post an advertisement. This is the true decentralized model with the maximum level of trust. (Disclaimer: The above press release is made pursuant to an arrangement with Newsvoir and

(Only the title and image for this report may have been reworked by the Business Standard staff; the rest of the content is generated automatically from a shared feed.)

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