How Does Monetization Work
To optimize the monetization process just described, we've formed partnerships with prominent Web3 advertising leaders, namely Slise.xyz and Hypelab.com (currently in the integration phase). These two networks are the top players in the Web3 advertising landscape, boasting collaborations with industry giants such as PayPal, 3Commas, Ledger, Trezor, Zerion, and many others. These strategic alliances guarantee that Ally users maximize rewards for every ad they interact with.
Here's how the user journey works:
Users install our Chrome extension.
They complete the standard onboarding process for the crypto wallet.
Our extension seamlessly replaces existing ads with Web3 ads by the above-mentioned networks.
Whenever an ad is viewed, the wallet, working in the background, logs the viewing activity on IPFS.
An accredited entity cross-checks the viewing activity with data from the ad network to validate the address claim. This mechanism, together with Ally’s own rate limits, safeguards against potential Sybil attacks, as the ad network may decline activity deemed to be generated by bots. This entity also registers the amount paid by the advertiser for displaying the ad on IPFS. As transparency from Web3 ad networks increases, this process can be decentralized through a network of nodes.
Leveraging the LayerZero Omnichain Fungible Token standard, compatible with both EVMs and non-EVMs, users can claim their advertising rewards from a smart contract on any supported network, either monthly or at longer intervals.
If you want to advertise or represent an ad network for integration, don't hesitate to get in touch with our CEO on Twitter at x.com/serafimcloud
Last updated