Permission Coin price

ASK

#1664

The Permission Token was founded by Charles Silver, a veteran entrepreneur with a proven track record of growing successful businesses. A visionary in the dot-com era, Charles founded RealAge, a pioneer in using big data to connect advertisers and consumers on a permission basis. He grew RealAge to tens of millions of users and led the company to its acquisition by media giant Hearst. In addition to founding Permission.io, Charles co-founded Reality Shares, a SEC-registered investment adviser with 5 publicly traded ETFs, including the first publicly traded blockchain ETF, and Blockforce Capital, a multi-strategy digital assets hedge fund.

The Permission team consists of more than 30 employees, board members, and strategic advisors.

Although many crypto projects tout data empowerment, most limit users’ ability to benefit from their data to a specific browser or application. Permission’s platform is constructed to help users securely grant permission and earn from their data across multiple channels and contexts. The token is simple-to-use with use cases that are straightforward and transparent and that will evolve as the project’s network and permission-based economy matures.

Currently, users earn ASK by securely sharing their data and opting in to receive relevant ads and content. The experience is delivered primarily viathrough “Permission Ads,” the project’s patent-pending, crypto-enabled advertising platform, which enables Advertisers to “ASK Permission” and reward users for consenting to share data. The vision for ASK is that users will put their data to work for their own benefit in a way that will easily blend into their daily lives.

Fundamental to this vision is Permission’s patented technology, which allows data stored in silos and applications to be integrated so that individuals can link and monetize their social, search, shopping data, any data that is stored in any database, to be queried as a single logical data store.

This is a huge differentiator because it enables users to truly take back ownership of their data so they can earn from it, putting individuals at the center of the data economy.

Permission launched the Permission Platform in August, 2020, and has achieved significant early growth, with ASK now held by over 700,000 unique wallets.

The Permission token has a maximum total supply of 100 billion. Permission has provided a primer on ASK, which details the vesting schedule.

Of this 100B, 45% are allocated to ecosystem growth, 30% are allocated to purchasers and supporters, 10% are allocated for developer incentives and advisors, and 15% are allocated to the team.

The large supply is meant to allow mass adoption by users around the world while still transacting in whole-number denominations, as opposed to decimal places.

ASK is an ERC-20 token on Polygon and Ethereum, which is one of the most popular blockchains and the go-to solution for many decentralized applications.

Polygon is a layer-two scaling solution for Ethereum that allows for increased transaction throughput.

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