Ubex PriceUBEX

What is Ubex (UBEX)?

Ubex (UBEX) is a global decentralized programmatic advertising exchange driven by neural network technologies and operated through smart contracts. Built on the Ethereum platform as an ERC-20 token, Ubex aims to transform digital advertising by allowing companies to advertise effectively while enabling publishers to profitably tokenize their ad slots. The project combines programmatic technologies, neural networks, and smart contracts into a single system, facilitating a transition from the traditional pay-per-click model to payment for targeted actions. Ubex was founded in 2018 in Zug, Switzerland, and conducted its ICO from May 21 to September 30, 2018. The token has a maximum total supply of approximately 3.92 billion UBEX, with a circulating supply of roughly 3.31 billion tokens. The project positions itself within the Advertising and Artificial Intelligence categories, seeking to create a global advertising ecosystem characterized by high mutual trust and maximum efficiency.

Key Specifications & Tokenomics

• Name: Ubex
• Ticker/Symbol: UBEX
• Blockchain/Platform: Ethereum (ERC-20)
• Token Contract Address: 0x6704B673c70dE9bF74C8fBa4b4bd748F0e2190E1
• Contract Name: UbexToken
• Decimals: 18
• Category: Advertising, Artificial Intelligence
• Max Total Supply: 3,923,877,491.518299999984176086 UBEX
• Total Supply: 3.92B UBEX
• Circulating Supply: 3.31B UBEX
• Holders: 14,687
• Company Location: Zug, Switzerland
• Founded: 2018
• ICO Start Date: May 21, 2018
• ICO End Date: September 30, 2018
• Hard Cap: 28,800 ETH
• Soft Cap: 4,000 ETH
• ICO Price: 0.00001 ETH / $0.00704
• Onchain Market Cap: $55,718.24
• Circulating Supply Market Cap: $46,948.18
• Fully Diluted Valuation: $55.72K

Who created Ubex?

Ubex was founded in 2018 in Zug, Switzerland. Artem Chestnov serves as CEO of Ubex.AI. Alex Korobkov is also associated with Ubex, having been referenced alongside Niko Konrad, Co-founder & MD of DLT Capital, at the World Blockchain Summit in Frankfurt, Germany. Detailed public information about the full development team and advisory board is currently limited. The project is a funded company based in Zug, having completed two funding rounds: an ICO and a token launch. The ICO raised a total of $22.02 K according to ICODrops. The team has continued its efforts on listing the UBEX token, with applications sent to leading exchanges.

How does Ubex work?

Ubex operates as a decentralized programmatic advertising exchange that leverages neural networks and smart contracts to optimize ad placement. Advertisers can automatically purchase ad slots through the Ubex system. The programmatic system automatically selects ad slots that have the highest probability, calculated via neural network algorithms, of engaging the target user. Procurement of advertising takes place in real time using programmatic technology on the basis of neural networks with the application of smart contracts. Neural networks contribute to the optimal distribution of ads among available ad slots, while smart contracts eliminate risks for advertisers and publishers by providing greater transparency. The platform transitions from the traditional pay-per-click scheme to payment for targeted actions, which the project describes as the most fair and interesting model for all market participants. This approach addresses key problems in the digital advertising market, including low targeting efficiency, non-transparent counterparty relationships, and high levels of fraud.

What makes Ubex unique and valuable?

Ubex distinguishes itself by integrating three core technologies—programmatic advertising, neural networks, and smart contracts—into a single decentralized system. This combination aims to solve longstanding issues in digital advertising such as low targeting efficiency, non-transparent relationships between counterparties, and high fraud levels. By transitioning from pay-per-click to payment for targeted actions, Ubex creates a fairer model where advertisers pay for actual engagement rather than mere impressions. Publishers benefit by profitably tokenizing their ad slots on their resources. The use of smart contracts provides enhanced transparency and reduces risks for both advertisers and publishers. The neural network-driven system ensures optimal distribution of ads among available slots, increasing the probability of engaging target users. Ubex positions itself as a global advertising ecosystem with a high level of mutual trust and maximum efficiency, addressing a programmatic advertising market that has shown an average annual growth rate exceeding 23%.

What is Ubex used for?

UBEX is an ERC-20 utility token that serves as the native digital asset of the Ubex advertising exchange. Receiving UBEX tokens is referenced in the context of the Ubex ad exchange using Artificial Intelligence and Blockchain technology. Publishers can profitably tokenize ad slots on their resources using the token. The token facilitates transactions within the ecosystem, enabling advertisers to purchase ad slots automatically and publishers to receive compensation for their ad space. UBEX can be traded on various markets, with referenced trading pairs including UBEX/ETH on Uniswap v2, as well as UBEX/USD, UBEX/CAD, UBEX/EUR, UBEX/GBP, UBEX/RUB, UBEX/KRW, and others. The token is currently trading on 12 active markets and is listed on major exchanges. Its utility is intrinsically tied to the operation of the decentralized advertising exchange, where it enables the payment for targeted actions and the tokenization of ad slots.

How Is the Ubex ecosystem developing?

The Ubex ecosystem centers on its main product, the Ubex ad exchange, a global decentralized programmatic advertising exchange. Target users include advertisers seeking to advertise effectively and publishers looking to profitably tokenize ad slots on their resources. The project was founded in 2018 and conducted its ICO in the same year. In February 2019, UBEX, a centralized exchange registered in Australia, was launched. The Ubex team has continued its efforts on listing the UBEX token, with applications sent to leading exchanges. The token is available for swapping via Onchain, Crypto.com's official decentralised product. The ecosystem references integrations with Uniswap v2 on Ethereum. Community and governance channels include Facebook, LinkedIn, Medium, YouTube, Telegram, and Bitcointalk, among others. The project maintains an active presence through its official website and documentation, continuing to develop its vision of a global advertising ecosystem with high mutual trust and maximum efficiency.

How to mine Ubex?

UBEX is not a mineable cryptocurrency. It is an ERC-20 token built on the Ethereum platform, which means it operates on a proof-of-stake consensus mechanism following Ethereum's transition. There is no mining process for UBEX tokens. Instead, tokens were initially distributed through an ICO conducted from May 21 to September 30, 2018, with a hard cap of 28,800 ETH and a soft cap of 4,000 ETH. The ICO price was 0.00001 ETH, equivalent to $0.00704. The token has a maximum total supply of approximately 3.92 billion UBEX. Users can acquire UBEX through trading on supported exchanges or through swapping via decentralized platforms. There is no staking mechanism specifically described for UBEX in the available information. The token's utility is focused on the advertising exchange ecosystem rather than on mining or staking rewards.

How to keep your Ubex Coin safe?

To keep your UBEX tokens safe, use a reputable wallet that supports ERC-20 tokens, such as hardware wallets or well-established software wallets. Since UBEX is an ERC-20 token on Ethereum, it can be stored in any Ethereum-compatible wallet. Always verify the official token contract address (0x6704B673c70dE9bF74C8fBa4b4bd748F0e2190E1) when adding the token to your wallet to avoid counterfeit tokens. Enable two-factor authentication on any exchange accounts and use strong, unique passwords. Be cautious of phishing attempts and unofficial links. For long-term storage, consider using a hardware wallet that keeps your private keys offline. Never share your private keys or seed phrase with anyone. Before interacting with any decentralized application or swapping service, ensure the platform is legitimate and officially associated with the project. Regularly check official community channels for security updates and announcements. Since the contract has no submitted security audit, exercise additional caution and stay informed about any developments regarding the token contract.