Lately, a steadily increasing number of ICOs are being launched and consequently there is an increase in problems that plague these kinds of investments, such is the mistrust that potential investors have in the Crypto-Asset industry, because it’s somehow hard to differentiate between a legitimate and illegitimate ICO project. As a result even high quality and legitimate startups or existing companies struggle to have a successful ICO.
This calls for many stages of verification and due diligence to ensure that an investment is sound, well-organized and have general quality assurance. As a Crypto-Assets writer and enthusiast it’s a must for me to carry out research/due diligence in validating the legitimacy of an ICO project before writing on or recommending it. I have a number of questions I ask and things I look out for in an ICO project before I could give such a project a yes-yes. Few of the things I look out for are “the goal, the business model, the marketing strategy, planned and projected future, legality, the team and the Partners” of the project. And in this particular ICO project I’m writing about, NOIZ Chain, it’s a yes-yes. Trust me, Noiz Chain is a great project.
NOIZ is an AI-enabled, decentralized ad exchange platform based on the blockchain. It provides data transparency and solves the problem of ad fraud by using a Proof of Engagement concept that validates user data. NOIZ also gives consumers control of their data privacy so they’re constantly aware of what information is shared through the ad exchange network.
With everything taken into account NOIZ is effectively setting the most thorough industry models in the entire advertising industry, by providing a safe advertising environment where consumers control their data
A definitive significance of NOIZ platform is that it gives power to consumers.
NOIZ Features:
Cognitive Banners For Better Engagement
Artificial Intelligence enabled Nikola banners are 30x more engaging and give advertisers direct access to these engagements. Ad interactions are recorded over blockchain for transparency.
P2P Ad Exchange
Advertisers and Publishers can connect directly and buy / sell ad inventory over the platform. Community controls the quality and votes against advertisers with bad business ethics, or a publisher involved in plagiarism or fake news.
Automatic Airdrop and Rewards Wallet
NOIZ lets advertisers airdrop tokens for buying products (coupons), loyalty (reward points) or just engaging with the banners. NOIZ wallet lets users collect these crypto coupons and Reward points, that can be redeemed at Advertiser websites or NOIZ partner companies.
Permissioned Privacy protection
NOIZ gives users total control on their private data. By design, Its cannot be or controlled by NOIZ blockchain in any shape or form. Furthermore, users get compensated in NOIZ tokens for sharing their data with the advertisers and publishers they trust.
> NOIZ allows advertisers and publishers to accurately and honestly collect and share consumer data via a permission based blockchain while providing consumers the opportunity to control which personal information they share with advertisers and publishers.
> NOIZ will also empower advertisers to automatically engage with CSR activities and donate a portion of their advertising budgets to CSR campaigns, while the consumer community holds the beneficiaries—social impact organizations—accountable for powering those CSR activities.
> NOIZ will be ERC20 tokens (compatible with ERC20 wallets), generated once by a smart contract on the ETH blockchain. Following this, all smart contract will all be powered by NOIZ’s own ledger, as described in the NOIZ token economics design.
> All data transactions—such as votes for or against actors in the ecosystem, ad engagement logs, and past reputation of publishers and advertisers—will be written on the NOIZ ledger (using HyperLedger forks).
How it Works:
- You interact with an ad about XYZ shoes and indicate in the ad that you prefer running on a treadmill rather than outdoors; as a result, you receive 1 NOIZ token. You will then be asked if you would like to provide your email address to XYZ Shoes in exchange for 10 NOIZ tokens. If you agree, a smart contract is created between you and XYZ shoes to store the information provided.
- As a result of you accepting the NOIZ tokens, in exchange for sharing data, XYZ shoes now gets to store this information about you on their database. No other third parties will have access to this information.
- Once the information is stored and secured on the NOIZchain, the other NOIZ community members will be able to see what Wallet ID ABC (XYZ shoes’ wallet) sent 11 NOIZ tokens to Wallet ID EFG (your personal wallet). The community will not see your name or the information that was shared in this transaction.
- Should someone want access to the information that was shared, they will have to ask you for permission. You can set the terms they need to follow in order to see the detailed data.
- You can go to the XYZ shoes website and exchange the tokens earned for a 10% discount on any pair of shoes in the XYZ shoe store. The tokens that you send to XYZ shoes are then forwarded to a social impact organisation. You now get to feel great about doing good while flaunting your new pair of shoes!
- You also have the option to hold on to your tokens, exchange them or make donations to any charity of your choosing.
NOIZ ICO
In order to create a first class advertising platform, acting within the framework of the global legal system, it is necessary to attract funding on a large scale which allows the system in question to start work as well as remain independent. That is why NOIZ is conducting its own collection of funds using the most modern and convenient instrument, the ICO: the sale of tokens.
NOIZ group, completely, every one of its representatives work for the advantage of the project/organization and are constantly prepared to help in any matter. If there are any doubts or questions, you can always contact support — technical support is ready to help at any time. They are dependably in touch and don't dismiss any issue. For sure, at the present moment when we are discussing ICO ventures this reality is very crucial.
All models made by the NOIZ advancement group are freely accessible, at the present time you can acclimate yourself with this platform. NOIZ takes an interest in each conceivable crypto, blocking gatherings, and finish up genuine contracts.
Token Information:
Token: NOIZ
Price: 1 NOIZ = 0.14 USD
MVP/Prototype: Available
Platform: Ethereum
Accepting: ETH, BTC
Soft cap: 10,000,000 USD
Country: Hong Kong
Whitelist/KYC: KYC & Whitelist
Restricted areas: USA, China
Team
For More Info:
website — https://noizchain.com/
whitepaper — https://drive.google.com/file/d/1FgyrU55C6dOtrl-PVlISCxxw53ijLguq/view
telegram — https://t.me/noizchainenglish
Author: tzoe
Bitcointalk profile link:
https://bitcointalk.org/index.php?action=profile;u=1681375
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Interesting and impressive write up. I'm definitely checking this project out