Ambire is < a href = "https://www.adex.network/" rel = "nofollow" > AdEx New name for Network - a development company describes itself as a new generation of digital advertising solutions and defI-focused crypto wallets.

Ambire originated in 2017 as a decentralized AD trading platform and later expanded into a full AD space/time trading protocol. Later, the team added Ambire wallets to the company's portfolio.

The Ambire AdEx protocol covers all interactions between publishers, advertisers and end users. It makes micropayments on Ethereum by leveraging the OUTPACE Tier 2 payment channel and offers DeFi collateral for its native ADX tokens.

The Ambire team also developed an open source platform based on the Ethereum protocol implementation, which has gained over 16,000 registered users and processed billions of micropayments on the blockchain since its public launch in 2020.

ADX is a native utility token used to incentivize validators and ensure the smooth running of all advertising campaigns on the Ambire AdEx platform.

Validators are designated for each AD campaign on the platform and are responsible for processing micropayments between publishers and advertisers through the Layer 2 payment channel. The more tokens pledged, the stronger the reliability assurance of the verifier network. By the end of 2021, the APY of mortgages exceeded 45%.