Cryptoast launches an innovative monetization offer with the SiBorg Ads solution, which offers a new asset class by tokenizing advertising spaces. Find out how to become the owner of an insert in our daily newsletter, submit your ad, and even resell your token via the SiBorg Ads marketplace.
This article is brought to you in commercial collaboration with SiBorg (learn more)
The Cryptoast offer on SiBorg Ads is based on 4 non-fungible tokens (NFT), each representing an advertising space located at the top of our daily newsletter. These tokens grant an exclusive right of ownership over an advertising space for a period of one month..
By owning one of these tokens, you will be able to submit an advertisement (in the form of a 16:9 image with a link) that will be displayed in our newsletter and sent 5 times a week after on-chain validation by Cryptoast. The token owner can modify the advertisement at any time or resell this right by listing his token on the marketplace.
So, starting Tuesday, September 17, the newsletter will display up to 4 advertisements, depending on the purchase or validation status of the tokens. If an ad has been validated for a space, it will be displayed. If a token has been purchased but the ad has not yet been submitted or validated, it will say “Reserved ad space” instead. Finally, if the ad space is still available, it will say “Own this ad space” indicating that it is still for sale.
👉 Cryptoast Announces Advertising Tokenization Initiative with SiBorg
Select a tokenized advertising space
Go to the “Tokens” section of the Cryptoast offer, and click on one of the tokens available for sale.
You can also access the SiBorg Ads Marketplace, where you will find the “Daily newsletter” offer from Cryptoast.
Then use the filters to choose the corresponding advertising space.
Tokens available for sale on the SiBorg Ads marketplace
On the SiBorg Ads Marketplace you will find tokens from both the primary market (new ad spaces to acquire) and the secondary market (resale of tokens already in circulation).
Once on the token page, connect your digital wallet (Metamask or other). You can also connect by email, in this case a wallet will be created for you.
Click the “Buy” button to proceed with the purchase in USDC, which will be made on the Base blockchain. You will need to validate the transactions via your crypto wallet, first authorizing the transaction (“Approve”) and then confirming the purchase (“Buy now”).
If you don't have enough USDC, you will have the option to pay the equivalent in ETH. It is also possible to pay directly with a bank card.
Choosing how to purchase a tokenized space from Cryptoast
Managing your ad spaceadvertisement submission and tracking
Once the token is purchased, you will find it in the “Owned tokens” from your profile (Menu at the top right).
By owning advertising spaces, you have the exclusive right to submit an advertisement for these spaces. To do this, you can click on the “Submit ad for multiple tokens” button.
Preview your token on your profile page
You can also click on one of the displayed tokens to access the token page, and then go to the “Ad submission” section. Submit your ad image and redirect link.
Submission of advertising for the insert to which you have purchased the rights
Once the transaction is finalized, Cryptoast will review the advertisement. If it meets the conditions of the offer, it will be validated and displayed in the newsletter. Otherwise, it will be rejected, and you will be informed of the reasons for the rejection. You can track the status of your ad in the “Ad validation” section on your token page.
Here your ad will display one of the following statuses:
- Pending : awaiting validation;
- Validated : advertising validated;
- Refused : advertisement refused with reason for refusal;
- History : history of your submissions.
Advertising here is being validated
The advertisement here is indicated as validated: it will be displayed on the newsletter
As long as the offer is valid (currently 1 month), You can resell your ad space on the secondary market at any time. To do this, you can create a listing directly from the token page. You have the choice between setting a direct sale price or launching an auction.
With direct sales, you set a price for your token and a sales period. Any interested buyer can acquire thead space at the indicated price and immediately become the new owner.
With the auction method, you also need to set a starting price from which potential buyers can bid. If a bid exceeds the Buy It Now price, the buyer automatically becomes the owner of the ad space.
This auction system follows a mechanism of bid-to-earn (bid to win). When a buyer places a bid, 2 outcomes are possible: either he becomes the owner of thead space If no one bids higher at the end of the listing's validity, he will either get his initial bid back with a reward proportional to the amount he bid. This process helps encourage participation while providing an advantage to bidders.
Sell your tokenized advertising space on the SiBorg Ads marketplace
Rewards for buyers, sellers and affiliates?
Each transaction in WETH or USDC, whether it is a sale or a finalized auction, increases a number of “Boxes” for the seller and the buyer of an NFT. It should also be noted that by sharing your affiliate link available on your Profile page, any transaction also earns “Boxes” as a “Referrer”.
These “Boxes”, distributed proportionally to the income brought to the project protocol (4% on each transaction), will have uses in the future.
Overview of Boxes earned from a user's Profile page
With SiBorg Ads and Cryptoast, digital advertising reaches a new milestone by integrating the tokenization of visibility spaces.
This approach offers sponsors unprecedented flexibility and opens up interesting perspectives for those wishing to explore new forms of investment. Whether you are interested in visibility or the speculative aspect, this initiative offers an original alternative in the advertising landscape.
💡 Discover Cryptoast tokenized advertising spaces on SiBorg Ads
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Cryptoast is the leading French-language media outlet on Bitcoin, blockchain, cryptocurrencies and Web3. Since its launch in 2017, it has attracted more than 10 million annual visits and has more than 500,000 subscribers on its social networks. Cryptoast articles can be viewed on Bloomberg and translated into 9 languages with the code {NH NS5_CRYPTOAST}. The media outlet has also published a book on Bitcoin and cryptocurrencies with Larousse editions, asserting its expertise and influence in the field.
