What Is Adappter (ADP)?
ADP is the native token of the Adappter ecosystem. If you’re curious about the current ADP price, you can check it on the Adappter price chart above. The Adappter is an intermediary platform between businesses that create content and viewers who consume it. The project was majorly created to solve the problem of digital markets or, to be more precise, the advertising industry. In essence, it’s a platform where both – content creators and consumers – are able to generate profit.
Content consumers are rewarded for watching their content, as well as providing PII or non-PII data. PII stands for Personal Identifiable Information, which is gathered by advertisers. However, users are in full control of their personal data on Adappter, which means they can choose how much they want to disclose, and whether they want to disclose it at all.
Content consumers are rewarded with Activity Points (AP), which are generated based on the activity level of the users. These points can then be converted into ADP tokens.
Content creators can use Adappter's software development kit (SDK), which provides them with a hassle-free experience while integrating their content or products into the Adappter ecosystem. Media content, app content, web content, and gaming content are all types of content that can be incorporated into Adappter.
The Adappter Service
In 2018, the Adappter ecosystem expanded and started providing users with the Adappter service, which features live data and news about the blockchain industry. The Adappter service utilizes the Houjaeki service to gather all real-time favorable factors about the blockchain industry.
The Adappter service essentially consists of two types of services – information provision-type contents service and event-type service. The former provides users with various news related to blockchain technology, information about dApps, blockchain-based videos and columns, as well as favorable factors in the crypto market. The latter, on the other hand, revolves around the community by providing users with the Adappter wallet and access to live events.
The Adappter crypto wallet is an Ethereum-based digital wallet that doesn’t store any records about transactions or information about the wallet in a separate server. Thus, the wallet is completely free to use. Besides, it used the mnemonic authentication method to ensure the security of the assets held within the wallet.
Talking about the live events, Adappter uses the Live Quiz function to host airdrop events and online meetups with the community.
Besides, it’s also important to mention that the Adappter service provides users with a huge variety of decentralized applications (dApp).
Interested in purchasing Adappter coins? Don’t forget to take a look at the Adappter price chart to see the live ADP price.
Who Founded Adappter?
The Adappter crypto project was co-founded by Hyosang Kim and Kyungtae Shin. The company behind Adappter is called SINEST.
Hyosang Kim (also goes as Justin Kim) is the CEO of SINEST. He has a degree in game science. Additionally, he is the founder of the Mobile Game Industry Association. As of writing this, he is also the Vice Chairman of the industrial Complex Corporation and Korea Blockchain Contents Association. Besides that, he is the CEO of Mobine and an advisor at Cheongju Culture Industry Promotion Foundation.
Kyungtae Shin (also goes as Kay Shin) is the chairman of SINEST. He has a degree in embedded system engineering. As of writing this, he is also the development mentor of the SK startup and the representative of Providel.
The Purpose of ADP Tokens
The Adappter token (ADP) is a token based on the ERC-20 token standard. As mentioned before, APs can be converted into ADP tokens which are the native tokens of Adappter. ADP can then be exchanged for fiat currencies or for Adappter Pay (APay). APay is a token used as a payment method within the Adappter ecosystem.
Tokenomics of ADP
The max supply of Adappter crypto assets is 100 billion. Initially, all 100 billion tokens were minted, however, half of the total supply was burned. The remaining half was distributed among Adappter users, reserve, partners, the core team, advisors, foundation, and token sale, as well as set aside for marketing, and operation purposes.
If you’re going to invest in Adappter tokens, do keep in mind that the ADP price is prone to change. Although this is a common occurrence in the cryptocurrency sector because the values of the majority of crypto assets are influenced by changes in the whole crypto market.
