Website

Mad Network (MAD)

ICO

Last updated: May 04, 2018

The MAD Network is a set of decentralized applications designed to seamlessly connect every stakeholder within the complex adtech value chain.

IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Overview

Project industry	Marketing & Advertising
Whitepaper	Open

What is Mad Network

The MADtoken will be escrowed to activate a payment channel for the accounting, fulfillment and instant reconciliation of ad delivery. Advertisers and publishers will have the option to exchange on credit or settle in real time with their escrowed MADtokens or cryptocurrency of choice. Publishers have the final say in how they would like to be paid. The MADcred is paid to the publishers for placing ads in near-real-time.

Advertisers may stake MADbonus in place of MADtoken for their Insertion Orders. Mad Network bonus is a reward for early participation in the network and incentivizes advertisers to continue using the Mad Network by allowing them to reduce the required amount of Mad Network token needed when staking Insertion Orders. This also solves the problem of the Mad Network token market cap being an upper limit on ad spend that can be delivered on the network at any given time. MADbonus may only be used once.

Details

Public sales: Nov 28, 2017 - Dec 28, 2017
Raised: 25,000,000 USD

Token info

Ticker: MAD
Token price in USD: 1 MAD = 0.25 USD
Accepted currencies: ETH
Token distribution:
Use of Founds: R&D - 50% ($12'000'000) Platform - 15% ($3'600'000) Business Development - 15% ($3'600'000) Marketing - 10% ($2'400'000) Token Launch - 5% ($1'200'000) Legal - 5% ($1'200'000)