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Permission Coin

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Discover Permission Coin's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Permission Coin?

Permission Coin (ASK) is a cryptocurrency designed to power a new Web3 advertising paradigm built on permissioned data and opt-in engagement. It aims to address issues like surveillance capitalism and data exploitation by enabling users to securely grant permission and monetize their data across the web. Users earn ASK by sharing their data and opting in to receive relevant ads and content, while advertisers use ASK as an incentive mechanism to drive loyalty and personalized ad campaigns.

How is Permission Coin used?

The crypto Permission Coin (ASK) is used to power a new Web3 advertising paradigm built on permissioned data and opt-in engagement. Its primary use case is to enable users to securely grant permission and monetize their data across the web, while providing an enterprise solution for marketers seeking better return on their ad spend. Users earn ASK by securely sharing their data and opting in to receive relevant ads and content through "Permission Ads," a patent-pending, crypto-enabled advertising platform. Advertisers can also deploy ASK as an incentive mechanism on their own digital channels, driving loyalty and personalized ad campaigns.

How do I store Permission Coin?

To store your Permission Coin (ASK) tokens, you have two primary options:

  1. Centralized Exchange (CEX) Wallet: You can store your ASK tokens directly on the exchange where you purchased them. This is a convenient option, but it means the exchange holds control over your assets. Popular exchanges like Binance, KuCoin, and Gate.io offer this option.

  2. Self-Custodial Wallet: For more control and security, you can transfer your ASK tokens to a personal, self-custodial wallet. This type of wallet allows you to manage your assets independently. Examples of such wallets include Metamask, which supports millions of assets and blockchains.

It is essential to choose a reliable and secure wallet to protect your Permission Coin assets.

How to buy Permission Coin?

To buy Permission Coin (ASK) tokens, follow these steps:

  1. Choose a Reliable Exchange: Select a trustworthy and reputable centralized exchange (CEX) that supports Permission Coin (ASK) purchases. Examples include Binance, Gate.io, and KuCoin. Research the exchange's reputation, fees, and supported payment methods before making a choice.

  2. Create an Account: Sign up for an account on the chosen exchange by providing necessary information, including your email address and a secure password. Complete any required identity verification steps, such as KYC (Know Your Customer) verification, to access more features and services.

  3. Add a Payment Method: Follow the exchange's instructions to add a payment method, which can include credit/debit cards, bank accounts, or other supported options. Ensure you understand the fees associated with each method.

  1. Buy Permission Coin (ASK): Navigate to the Buy & Sell section and select Permission Coin (ASK) as the cryptocurrency you want to purchase. You can choose from various order types, such as Market Order, Stop Order, Limit Order, or TWAP Order, depending on your trading strategy.

  2. Transfer to Your Wallet: Once you've purchased ASK, you can either hold it in your exchange account or transfer it to your personal cryptocurrency wallet for additional security and flexibility.

Alternatively, you can also buy Permission Coin (ASK) directly through a crypto wallet if it supports fiat-to-crypto purchases. In this case, you would need to create a wallet, download the app, and follow the wallet's instructions for purchasing ASK.

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History of Permission Coin

The history of Permission Coin (ASK) is not extensively documented in the provided sources. However, it is possible to gather some information about its current state and market performance.

Permission Coin is a cryptocurrency designed to power a new Web3 advertising paradigm. It aims to address issues like surveillance capitalism, data exploitation, and interruptive marketing by enabling users to securely grant permission and monetize their data across the web. Users can earn ASK by sharing their data and opting in to receive relevant ads and content through the project's patent-pending, crypto-enabled advertising platform called "Permission Ads".

The current market data for Permission Coin includes its price, market capitalization, trading volume, and circulating supply. The price of Permission Coin has been predicted to rise by 228.12% and reach $0.001286 by July 19, 2024, based on historical price movements and BTC halving cycles. The current sentiment is bearish, and the Fear & Greed Index is showing 64 (Greed).

Permission Coin has a market capitalization of $6,480,457 and a circulating supply of 16,166,619,298 ASK. The 24-hour trading volume is $436,824 USD. The project's proprietary technology, "Data Algebra," has been awarded 9 patents and aims to liquify data stored in silos and applications, making it possible for individuals to aggregate and monetize their full data set and for companies to gain permissioned visibility over comprehensive data sets.

While the specific history of Permission Coin is not detailed, its current market performance and goals provide insight into its role in the Web3 advertising space.

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How Permission Coin works

Permission Coin (ASK) is a cryptocurrency designed to power a new Web3 advertising paradigm. It is built on permissioned data and opt-in engagement, aiming to address issues like surveillance capitalism, data exploitation, and interruptive marketing in Web 2.0. The project enables users to securely grant permission and monetize their data across the web, providing a solution for marketers seeking better returns on their ad spend.

Key Features and Use Cases
  • Permission Ads: The project's patent-pending, crypto-enabled advertising platform allows advertisers to ask permission and reward users for consenting to share data. Users earn ASK by securely sharing their data and opting in to receive relevant ads and content.
  • Data Algebra: Permission has developed proprietary technology that can aggregate and monetize data currently stored in silos and applications. This technology enables individuals to control and profit from their full data set and allows companies to gain permissioned visibility over comprehensive data sets.
Tokenomics
  • Token Supply: The total supply of ASK is capped at 100 billion tokens.
  • Circulating Supply: The circulating supply of ASK is currently 16.17 billion tokens.
  • Market Cap: The market capitalization of ASK is approximately $6.48 million.
Storage and Trading
  • Wallets: Users can store ASK in crypto wallets that support the token. Some wallets allow direct fiat-to-crypto purchases, while others require users to first buy a popular cryptocurrency like USDT and then exchange it for ASK.
  • Centralized Exchanges: ASK can be bought, held, and traded on centralized exchanges like Binance and KuCoin. These exchanges provide a convenient platform for users to access various investment products and features.
Price and Performance
  • Current Price: The current price of ASK is around $0.000401.
  • Price Prediction: Based on past trends, the price of ASK is predicted to rise by 228.12% and reach $0.001286 by July 19, 2024.
  • Sentiment: The current sentiment is bearish, with a Fear & Greed Index of 64 (Greed).

Overall, Permission Coin (ASK) is a token designed to revolutionize the advertising industry by giving users control over their data and providing a new model for marketers to engage with their target audiences.

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Permission Coin's strengths

The token Permission Coin (ASK) has several strengths that contribute to its potential success:

  1. Unique Use Case: ASK is designed to power a new Web3 advertising paradigm, focusing on permissioned data and opt-in engagement. This approach addresses significant problems in Web 2.0, such as surveillance capitalism, data exploitation, and interruptive marketing.

  2. Tokenized Rewards: Users earn ASK by securely sharing their data and opting in to receive relevant ads and content. This incentivizes users to participate in the system and rewards them for their data.

  3. Enterprise Solution: Permission Coin offers a solution for marketers seeking better returns on their ad spend by enabling them to build opt-in audiences and ask permission for engagement. This provides a more targeted and effective advertising model.

  1. Proprietary Technology: The project has developed "Data Algebra," a breakthrough technology that can aggregate and monetize data currently stored in silos and applications. This technology has been awarded nine patents, further solidifying the project's innovative approach.

  2. Capped Supply: The ASK token supply is capped at 100 billion tokens, which can help maintain a stable and predictable supply, potentially influencing the token's value.

  3. Transparency: ASK is Transparency Verified by Messari, indicating a high level of transparency in its operations and tokenomics.

These strengths position Permission Coin as a promising project in the Web3 advertising space, offering a unique solution that benefits both users and marketers.

Permission Coin's risks

Permission Coin (ASK) carries several financial risks that investors should be aware of:

  1. Security Vulnerabilities: Token approval requests often ask for unlimited access to the token balance. If a security vulnerability is discovered, all assets in the wallet could be exposed, making it crucial to regularly check and revoke token approvals.

  2. Market Volatility: The cryptocurrency market is known for its price fluctuations. Permission Coin's price is predicted to rise, but it can also drop significantly, leading to losses for investors.

  3. Risk of Losing Investment: Trading in cryptocurrencies involves high risks, including the risk of losing some or all of the investment. This is a general warning applicable to all cryptocurrencies, including Permission Coin.

  1. Dependence on the Permission Ecosystem: The value of Permission Coin is closely tied to the success and adoption of the Permission Ecosystem. If the ecosystem fails to gain traction or faces significant challenges, the value of the coin could decline.

  2. Regulatory Risks: Changes in regulatory environments or laws governing cryptocurrencies could negatively impact the value and usability of Permission Coin.

Investors should carefully consider these risks before investing in Permission Coin (ASK).

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Permission Coin's ecosystem

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Permission Coin’s team

  • Charles Silver: Founder & CEO, a successful entrepreneur with a track record of founding and exiting startups in tech, media, and finance.
  • Mohammad Al-Albdullah: CTO, responsible for translating strategic company goals into deliverable permission-based solutions.
  • Stephen Jacobson: Senior VP of Technology, with 15+ years of diverse engineering and tech leadership experience.
  • Jennifer Silver: COO & General Counsel, with over two decades of executive experience in brand strategy, business development, and communications.
  • Michael Bushnell: VP of Product Management, with 10+ years of expertise in shaping products from ideation to market leadership.
  • Ashley Tang: Accounting Director, a CPA and CMA with more than 15 years of accounting, finance, and management experience.
  • Virginie Saget: Director of Operations, with 10+ years of experience in IT project management and expertise in Agile Methodologies.
  • Eshrat Ui Islam: Senior SQA Engineer, with a wealth of experience in diverse testing methodologies and ensuring software reliability.
  • Jason Young: Senior SQA Engineer, a 30-year veteran of the media, digital advertising, and adtech markets.
  • Rob Gregory: CEO of Post Interruptive, a media veteran with 30+ years of experience in advertising, revenue growth, and brand strategy.
  • Richard Li: General Partner at Alphablock, a Hong Kong businessman and philanthropist who has been investing in blockchain since 2012.
  • Robin Bloor, PhD: Technology Evangelist, with over 30 years of experience in big data and information management.
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