Thrive creates a decentralized advertising platform, based on the smart contract technology, which provides the ability to make fast and secure payments in a completely transparent environment. Since the system does not provide mediators, advertisers can consider the most profitable offers with minimal commissions, and consumers will receive a reward for disseminating information and visiting websites within the network.
The Thrive team creates a decentralized advertising service that allows all its users to benefit.
Thrive’s opperation is built on smart contracts. The use of blockchain allows to achieve complete security and openness: a reliable mechanism used to evaluate project reputation allows to assess the degree of the website reliability and possibilities for advertising placement, protecting brands from reputational attacks. Evaluations are formed in accordance with professional industry reviews. Smart contracts directly connect advertisers and platforms for placing advertising information, excluding any mediators; thus the project plans to significantly reduce advertising costs of companies and simultaneously boost their promotion.
System decentralization ensures that all websites that accept ads for placement have equal rights within common market conditions. They can improve their work and content, get a rating in the system and attract new advertisers based on feedback on the results of the cooperation. According to representatives of the service, commissions will remain very low, from 7% to 10%. Unlike commissions of existing services that serve as mediators for placing advertisements (they average from 32% to 49%), such payment will create additional opportunities for advertisers and make the market more dynamic.
Dr.Joseph F. Borg
Advocate, currently a Senior Advisor to WH Partners
PhD, Finance Professor
CEO at Intelliblock
Owner Jauanfil Consultant LTD
Chief Technology Officer
Chief Operating Officer
Chief Marketing Officer
Chief Strategy Officer
Computer Science Engineer
Blockchain Expert - Smart Contract
Social media manager
Consultant - Russian Community Manager
February 15, 2018
February 15, 2018