Please describe your proposed solution.
As the solution we offer in our Platform using Cardano Network, Definitely this will be impactful for Cardano Network. Because we build Traceability System with our Perak Token (made under Cardano).
In the business side, people who want to publish their ads must use this Perak Token to run their ad campaigns to various channels.
There'll be rewards for publishers (in ADA for sure) per view and per click.
So our Platform will meet SSP (Publishers) and DSP (Campaigner) to do the Business.
We can imagine how huge the transactions in our system, we collaborate with local offline advertiser here in Indonesia to make this happen.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
We are focusing on the Traceability Issues. So this would be challenging How Advertising Platform combine with Blockchain to get more impact for both Publishers and Campaigners. To aim transparency in our Platform, we will need integration with Blockchain System in this moment on Cardano Networks.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
Every single business has its own Risks for sure. In our business (advertising business), the risk is when we have low demand (low Campaigner). So to mitigate this risks, we work together (partnership) with Digital Agencies in Indonesia. We already partner with 3 Digital Agencies in Indonesia and we are working on the Integration currently.
Another Risk that we will need sponsorship from Blockchain Networks to support us on the Traceability