ADZcoin What is ADZcoin?

in cryptocurrency •  7 years ago  (edited)

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Earning about 10% of referrals
Earning in adzcoin currency that can be sold for bitcoin

ADZcoin is a decentralized cryptocurrency similar to Bitcoin which is integrated into the ADZbuzz platform. All coins represent the total ad inventory of ADZbuzz and its partner sites. ADZcoin can be exchanged for Bitcoin, Dollars or other cryptocurrencies on various exchanges.

What are the specifications of ADZcoin?

Ticker: ADZ
Algorithm: X11 Proof of Work
Target block time: 60 seconds
Block Reward: 40 ADZcoins
Block Reward Halving: Every 525,600 blocks
Difficulty retargeting using the multipool-resistant DigiShield
Total Supply: 84 Million ADZcoins
Shrinking supply because of ADZcoin Buyback program

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Is ADZcoin open source?
Yes. You can find the Github repository here.

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How can ADZcoin be used?

Every ADZcoin can be exchanged for lifelong ad credits in the ADZbuzz ad server. This is done by withdrawing coins to a burn address. When this is done the coins are automatically swapped for lifelong ad credits, allowing advertisers to submit ads and receive part of the daily ad impressions on ADZbuzz and its partner sites.
The ADZbuzz project also integrated a payment gateway into its platform called ADZbuzz Pay so in the near future it will be possible to use ADZcoin to buy and sell products and services, starting with the integration of ADZbuzz Pay into the ADZbuzz Services marketplace.

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Does ADZcoin have a shrinking supply?

Yes. There will only be 84 million ADZcoins ever created and every single ADZcoin can be exchanged for ad credits in the ADZbuzz ad server. Here’s how that works:

Acquire ADZcoins by either buying them on the exchanges or let us do it through the buy ADZcoin or ad space page.
Withdraw ADZcoins to the ADZbuzz ad server wallet.
All ADZcoins sent to this wallet become unspendable and are automatically swapped for lifelong ad credits.
The ADZbuzz ad server wallet ensures all ad credits purchased by advertisers become verifiable on the ADZcoin blockchain. This also means that the spendable supply decreases over time as more and more people swap their ADZcoins for lifelong ad credits, effectively lowering the amount of coins that can flood the market.

What determines the price for ADZcoin?

The price of ADZcoin is determined by the law of supply and demand. The lower the supply and the higher the demand, the higher the price will be and vice versa.

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What determines the price of ADZbuzz ad space?

The price of ADZbuzz ad space is always tied to the current price of ADZcoin. The current price of ADZcoin can either be found on top of the ADZbuzz dashboard or on the ADZcoin page on Coinmarketcap

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