It is true that the parami protocol is creating a user centric advertising platform on the blockchain by building a parachain on Substrate.
Parami platform does not only protect your identity and makes advertising easy, they also incentivize users.
As a user centric tokenized advertising economy on the blockchain, the parami protocol rewards platform users in the following ways / manner:
Parami allows tokenized ads service on the protocol for other parachains in Polkadot/Kusama through relay chains.
Token incentivization activities on the Parami protocol includes -
1. Monetize your influence with Parami advertising economy, you can read up more details here
2. Yield Farming Support — As we are aware that yield farming allows individual to earn passive income. You earn by simply putting your crypto currency tokens into yield farms.
How will the yield farm support work?
Parami would provide a yield farm dashboard and also determine which token to provide an LP with. One thing you can be sure of is that you will be able to farm with $AD3 tokens.
At the moment, the AD3 liquidity mining is being tested on the Rinkeby testnet, you can be sure of it happening, once the parami mainnet is launched.
3. DAO support — DAO (Decentralized autonomous organization), parami will allow other daos on the protocol, so that while such daos register and manage their DAOs on parami for extra incentive, it expands the parami DID ecosystem.
In a nutshell, it preaches more adoption for parami did ecosystem, and also more utility function for parami ad3 holders.
4. NFT support — If you go through my blog here. I detailed that parami lets influencers to mint their names as coins on the protocol. You can also mint tickets, badges for advertising campaigns on the parami advertising economy.
5. Smartdrop and Governance Support — Airdrop or smartdrops are a way to appreciating community users, and you can expect to receive smartdrops from parami in the near future.
Governance support literally means $ad3 token user have a leverage, an advantage when it comes to taking decisions about the ecosystem.
Parami protocol is developing a unique ecosystem for web3, one where every individual has a level playing ground.
Use the information below -
Author — Cytpoway
