image May, 2016 No Comments News

The cryptocurrency ecosphere is developing fast. More and more people start using cryptocurrencies to do their online business. We are definitely on the road towards a Crypto-Economy. The total market value of all cryptocurrencies is estimated at around USD 30 billion (read here). Bitcoin (as a cryptocurrency) alone has an estimated market value of USD 20 billion. Not too bad for a market that has not even existed 3 years ago, right?

You don’t have to be a rocket scientiest to expect high growth rate around the different public and private blockchains and along with that a significant expansion of the Crypto-Economy. And advertising is for sure a very promising market space within the Crypto-Economy.

In line with the overall market growth AdBit, BitRush’s Cryptographic Ad Network, shows impressive numbers. In the first 5 months of 2016 the number of registered users increased from appr. 38,000 to more than 75,000 (97%). The number of publishers (website owners) increased from appr. 2,4000 to more than 5,100 (112%). On an average AdBit makes a gross profit of BTC 0.8 per day which is not too bad too, right? On an average more than 450 concurrent ad campaigns are online at any given time and the ads are seen from more than 500,000 Unique Users per day (see CloadFlare graphics below):

AdBit as well as the whole Crypto-Economy are still in its very early stage. Many things have to be improved before mass adoption but we on this road already. AdBit has intruduced a campaign feature to make live easier for advertisers and publishers. We, too, have implemented a multi-cryptocurrency payment feature to go beyound Bitcoin. And in the very near future we’ll integrate FIAT payment systems like PayPal and Credit Cards/Debit Cards too.

For us AdBit is a great case in point for the promising development of the Crypto-Economy!