The problem ADSIE solves
Problem Statement:
In the current digital advertising landscape, user engagement often goes unrewarded. Users spend significant screen time on ads, contributing valuable attention, but the existing system fails to reciprocate this engagement with tangible benefits. Centralized platforms control and monetize user data, leaving consumers with minimal incentives.
Solution:
Adsie addresses this disparity by leveraging Web3 technologies, primarily blockchain, smart contracts (implemented in Solidity), and a sleek UI crafted with Next.js. It transforms passive ad consumption into an interactive, rewarding experience.
Key Features:
- Decentralized Rewards: Blockchain ensures transparent, secure, and decentralized reward distribution. Users earn tokens for watching ads directly through smart contracts, eliminating middlemen and guaranteeing fairness.
- Immutable Data Storage: Smart contracts on the blockchain provide an immutable ledger for storing user engagement data. This enhances security, prevents manipulation, and establishes a trustworthy record of interactions.
- User Privacy: With Web3, users have control over their data. Personal information is encrypted and stored securely on the blockchain, granting users the assurance of privacy in an era of increasing digital surveillance.
- Effortless Integration: The minimalistic UI, built on Next.js, offers a user-friendly interface for seamless interaction. It simplifies the entire process, making token earning accessible to users of all technical backgrounds.
Use Cases:
- Earn While You Watch: Users are incentivized to engage with ads, earning tokens that hold real-world value.
- Data Ownership: Users regain control over their data, reducing the risk of privacy breaches and unauthorized use.
- Transparent Reward System: Advertisers benefit from a transparent reward system, ensuring fair compensation for user.
Challenges we ran into
Testing the smart contract on the blockchain turned out to be tougher than expected. We ran into unexpected errors and bugs, and it took us more time than we thought to sort them out.