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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on CryptoAds Marketplace by LUIS RIVERO R

Revainrating 2 out of 5

Blockchain-based advertising platform

This project seeks to diversify the use of advertising by using blockchain for most of its services, a fundamental aspect on which cryptoads is based is that all transactions are public and can be verified.
Its token launch was carried out through an IEO in 2019, so most of the funds were raised to finance its development.
In general, many aspects of the use of cryptoads are still under development, basically it works like any other platform or advertising service and its token represents the payment method that will be used to pay for the services offered. With extensive experience in this market this can be an alternative for people looking to create advertising campaigns at highly competitive prices. but for the token holders the utility is low within the whole environment which makes their value low, it is necessary to create added value, (for now a token repurchase process with the fees collected.)



Pros
  • Low transactions.
  • All transactions are verifiable.
  • part of the funds from the fees are used to distribute among the holders.
Cons
  • There are more platforms developed for marketing based on blockchain.