UPDATE (Jan 10, 2017): Our hard cap has been adjusted again to 10,000 ETH to account for another massive run in ETH. This will be the final adjustment before end of ICO.
Adbank is officially announcing to reduce its hard cap from 71,500 ETH to 50,000 ETH to compensate for the recent Ethereum rally. When Adbank first decided its hard cap for the upcoming ICO, the equivalent amount in US dollars was ,450,000.
Adbank is an online ad platform built on Ethereum to remove costly middlemen & dramatically reduce the billion problem of ad fraud using advanced AI technology.
The project is led by a team with Fortune 500 experience working with companies such as Exxon Mobil, NASA, Revlon, L’Oreal, Tesla Motors, the FBI and General Motors.
Adbank is an online ad platform built on Ethereum to remove costly middlemen and reduce the problem of ad fraud using advanced AI technology.
By using the Adbank platform, publishers can get paid more for their content while charging advertisers less and creating a transparent ecosystem that benefits all key stakeholders in the industry.15% will go to the adbank Founding Team and will be for 3 years with 6-month cliffs.