Review on AppCoins by Özgün A
New generation application advertising
AppCoin is a three-sided cryptocurrency project built with blockchain technology that aims to overcome the shortcomings of app stores. This is an APK project. In-app purchases are now standardized with the same technology and the same payment methods. AppCoin eliminates standardization. This is the erc20 protocol running on an Ethereum network. So I have some concerns. As you know, the ETH network slows down with very heavy transactions and may require high commission payments. I don't understand why such innovative projects are built on the slow Ethereum network.
The AppCoin project has some advantages. These;
1) After downloading the APK file only once, distribute it to all parties. Earn money for every file downloaded from your link.
2) Earn an increasingly multiplying revenue share. Earn money from IAB transactions after every transaction.
3) Protect yourself from fraud. Less mobile ad fraud. This is called the attention proof model.
The AppCoin project is still in beta, but the features it offers us are really reasonable. But the problem is: who will control the payment channels within the ecosystem?
Pros
- Although the project is still in beta stage, it attracted attention
- Saves much more money than traditional applications
- It will allow automatic synchronization between users
Cons
- Few of the smartphones can access this application
