
AmonD
User-side platform incentivizing personal data management.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
investor | €0.0 | round | |
N/A | KRW12.0b | Series B | |
Total Funding | 000k |
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AmonD is a cryptocurrency project launched in 2018, operating on the Ethereum platform, that aims to revolutionize personal data and advertising management. The project's core is to develop a User-Side Platform (USP) that empowers users with fair incentives for actively managing their personal data and engagement with advertising. This model seeks to correct the imbalance in the digital advertising ecosystem, where users often lack control over their data and are not adequately compensated for their participation.
The AmonD token (AMON) is the native cryptocurrency used to incentivize users. Users can manage their personal data and advertising activities to earn AMON tokens, which can be bought, sold, and swapped on various cryptocurrency exchanges. The platform's business model is centered on creating a data custody solution where users are rewarded for their data. AmonD's technology also supports stablecoin transfers, decentralized finance (DeFi) services, and the creation of non-fungible tokens (NFTs), indicating its potential to impact various industries, including finance and entertainment.
Security is a key component of the AmonD ecosystem. The project employs a combination of technical safeguards, including secure bridging between mainnets, staking platforms to enhance network stability, and secure wallets with advanced encryption to protect user assets and data. The platform was launched in 2019, and according to a 2019 article, the team includes a founder with a successful IPO experience and developers with over two decades in the industry.
Keywords: User-Side Platform, data monetization, personal data management, digital advertising, cryptocurrency incentives, AMON token, blockchain, data custody, decentralized finance, ad-tech, user empowerment, data privacy, crypto-rewards, Ethereum platform, DeFi services, NFT creation, secure wallets, staking platforms, digital economy, user-centric data