Ubex Makes Its First Payout To Data Miners

Ubex AI
Ubex
Published in
2 min readJun 3, 2019

The Ubex project is delighted to announce that it has issued its first payout to data miners on the 31st of May, 2019. The given payout marks an important milestone for the project proving it as a viable, profitable and highly innovative development on the advertising market.

The Ubex team expresses its sincerest gratitude to all data miners who have participated in the data mining process for improving the effectiveness of the system. Germany, France, South Korea and Russia were the countries with the highest participation rates and the greatest numbers of miners. Participation in the improvement of the Ubex project’s targeting accuracy and the provision of data for the further development of the system was rewarded as on the 31st of May, 2019, all data miners received their payouts in UBEX Tokens in accordance with their contribution.

To ensure complete transparency of operations, all the payouts can be found on the Ubex smart contract for data miners in the interface of the Ubex website or on Etherscan.

The active participation of the data miners in the provision of data from their websites, channels and other resources is an invaluable source of information for the process of training the Ubex neural network. Greater amounts of datasets will ensure higher levels of training for the neural network resulting in better accuracy in ad targeting.

Feel free to take a look at the smart contract we use for these payouts. https://etherscan.io/address/0x47382d68c05037f29fc523df5282791ae61a6699

The Ubex project thanks all those who have participated in the first data mining round and welcomes all webmasters to join the ranks of data miners to monetize their resources and receive payouts in UBEX Tokens. Stay tuned for more news and updates from Ubex.

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