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HomeNewsDutch Blockchain Startup AdCoin Promises Alternative for the Online Advertising Market

Dutch Blockchain Startup AdCoin Promises Alternative for the Online Advertising Market

A group of Dutch entrepreneurs with finance, marketing and IT backgrounds launched a new crypto coin for the online advertising market called Adcoin.

The coin has to prove its value by generating clicks, leads and customers within advertising networks like Google Adsense, according to the founders of the AdCoin .

“Almost all the ad platforms are still using creditcards and traditional currencies as the primarily payment method , this method knows high transaction – and risk costs which are for account of the advertiser or publisher,” said one of the founder s of the AdCoin.

Ad costs are for the account of the final customer who is buying a product or service following the advertisement and since the advertising market is a global market, and they want to introduce AdCoin as a global currency.

According to the founders, the first ad networks are already voting for the AdCoin.

The founders of AdCoin ay theyare in negotiation with several stock market listed advertising networks to roll – out the new AdCoin on scale.

“We want to prove the val ue of the AdCoin to the market,” says one the founders . Investing in AdCoin The AdCoin is currently active on a limit number of trading platforms such as”

The leading platforms as Poliniex and Bittrex, where Bitcoin currently is traded, are reviewing AdCoin for listing, reports the development team.

Richard Kastelein
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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