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Information about "Permission Coin"
What Exactly is the Permission Coin? [ASK]
"ASK" serves as the currency of permission, primarily designed to support a new Web3 advertising model. This paradigm relies on consent-based data and engagement that users opt into. The project addresses key issues seen in Web 2.0, such as invasive data tracking, data misuse, and disruptive advertising, by allowing users to safely authorize and profit from their data usage online. It also provides a solution for marketers aiming to enhance their advertising efficiency.
With current global privacy laws, the rise of ad blockers, and significant shifts in advertising technology, there's a need for a consent-driven advertising approach. By letting marketers build audiences who opt-in and seek permission for engagement, while ensuring that users receive rewards for their willingly shared data, Permission views ASK as essential for tech platforms and marketers to thrive in Web 3.0.
At present, users earn ASK by securely sharing their data and opting in for tailored ads and content. This is mainly facilitated through "Permission Ads," a patent-pending, crypto-enabled advertising platform by the project that allows advertisers to "ASK Permission" and compensate users for data sharing. Advertisers can also utilize ASK as a reward system on their own digital platforms, encouraging loyalty and crafting personalized advertising strategies.
The project is also focused on further developing its unique technology, "Data Algebra," which has already been granted 9 patents. This innovative technology can transform isolated data within silos and applications, allowing individuals to combine and monetize their complete data set. It also enables companies to gain permission-based insights into the most exhaustive data sets possible.
With current global privacy laws, the rise of ad blockers, and significant shifts in advertising technology, there's a need for a consent-driven advertising approach. By letting marketers build audiences who opt-in and seek permission for engagement, while ensuring that users receive rewards for their willingly shared data, Permission views ASK as essential for tech platforms and marketers to thrive in Web 3.0.
At present, users earn ASK by securely sharing their data and opting in for tailored ads and content. This is mainly facilitated through "Permission Ads," a patent-pending, crypto-enabled advertising platform by the project that allows advertisers to "ASK Permission" and compensate users for data sharing. Advertisers can also utilize ASK as a reward system on their own digital platforms, encouraging loyalty and crafting personalized advertising strategies.
The project is also focused on further developing its unique technology, "Data Algebra," which has already been granted 9 patents. This innovative technology can transform isolated data within silos and applications, allowing individuals to combine and monetize their complete data set. It also enables companies to gain permission-based insights into the most exhaustive data sets possible.
Who Are The Founders of The Permission Coin?
The Permission Token was established by Charles Silver, a seasoned entrepreneur with a history of building successful enterprises. He was a pioneer during the dot-com boom, founding RealAge, which was among the first to use big data for linking advertisers and consumers based on permission. Under his leadership, RealAge amassed tens of millions of users and was eventually acquired by media giant Hearst. Apart from creating Permission.io, Charles also co-founded Reality Shares, a registered investment advisor with the SEC that manages 5 publicly traded ETFs, including the first blockchain ETF, and Blockforce Capital, a diversified digital assets hedge fund.
The Permission team includes over 30 employees, board members, and strategic advisors.
The Permission team includes over 30 employees, board members, and strategic advisors.
What Makes Permission Distinctive?
While many crypto initiatives talk about empowering users with their data, most restrict this benefit to particular browsers or applications. Permission's platform is designed to help users securely give permission and earn from their data across various channels and scenarios. The token is user-friendly with practical and clear use cases that will continue to evolve as the network and permission-based economy expand.
Users currently earn ASK by securely sharing data and opting in to receive personalized ads and content. The experience is provided primarily through "Permission Ads," the project's patented, crypto-powered advertising platform, enabling advertisers to "ASK Permission" and reward users for agreeing to share data. The aim for ASK is for users to leverage their data for personal gain seamlessly integrated into their everyday activities.
Central to this vision is Permission's patented technology, which allows data from silos and applications to be integrated, so individuals can connect and monetize their social, search, and shopping data—essentially any data stored in any database can be queried as a single logical data store.
This innovation is a significant differentiator, empowering users to reclaim ownership of their data and earn from it, positioning individuals at the heart of the data economy.
Permission introduced the Permission Platform in August 2020 and has experienced significant early growth, with ASK now held in over 700,000 unique wallets.
Users currently earn ASK by securely sharing data and opting in to receive personalized ads and content. The experience is provided primarily through "Permission Ads," the project's patented, crypto-powered advertising platform, enabling advertisers to "ASK Permission" and reward users for agreeing to share data. The aim for ASK is for users to leverage their data for personal gain seamlessly integrated into their everyday activities.
Central to this vision is Permission's patented technology, which allows data from silos and applications to be integrated, so individuals can connect and monetize their social, search, and shopping data—essentially any data stored in any database can be queried as a single logical data store.
This innovation is a significant differentiator, empowering users to reclaim ownership of their data and earn from it, positioning individuals at the heart of the data economy.
Permission introduced the Permission Platform in August 2020 and has experienced significant early growth, with ASK now held in over 700,000 unique wallets.
How many Permission Coins (ASK) are in circulation?
The total maximum supply of Permission tokens is capped at 100 billion. A comprehensive guide on ASK outlines the vesting schedule.
From this 100 billion, 45% is set aside for ecosystem growth, 30% is allocated to buyers and supporters, 10% is for developer incentives and advisors, and 15% is reserved for the team.
The large supply is intended to facilitate widespread adoption globally, allowing transactions in whole numbers instead of decimal fractions.
From this 100 billion, 45% is set aside for ecosystem growth, 30% is allocated to buyers and supporters, 10% is for developer incentives and advisors, and 15% is reserved for the team.
The large supply is intended to facilitate widespread adoption globally, allowing transactions in whole numbers instead of decimal fractions.
How is the Permission Network Secured?
ASK is an ERC-20 token found on both Polygon and Ethereum, which are among the most popular blockchains utilized by numerous decentralized applications.
Polygon serves as a layer-two scaling solution for Ethereum, enhancing transaction throughput.
Polygon serves as a layer-two scaling solution for Ethereum, enhancing transaction throughput.
Where can I purchase The Permission Coin (ASK)?
The leading exchanges for trading Permission Token currently include Gate.io and Bitrue. Additional options can be found on our cryptocurrency exchanges page.
"Permission Coin" price data