TYRION takes a strategic step towards Coinbase’s Base Chain with decentralized advertising
Toronto, Canada, October 2, 2023, Chainwire
In an exciting development in the world of crypto and blockchain, TYRION Trailblazer has announced its strategic move to build its advertising platform on top of Coinbase's Base Chain through decentralized advertising. This massive announcement underscores TYRION's commitment to delivering unparalleled advertising solutions using cutting-edge technology, based on transparency, efficiency, community empowerment and innovation.
Known for its robust scalability, security and efficiency, BaseChain fits seamlessly with TYRION's mission to revolutionize and decentralize the $377 billion digital advertising landscape. By building on Base Chain, TYRION will not only highlight its technical prowess, but also expand its reach, tapping into a dynamic ecosystem of developers, creators and users.
Coinbase and Base Chain CEO Brian Armstrong recently stated that he believes decentralized advertising is one of the 10 next big developments in the blockchain industry. “The best business model in Web 2 is advertising. It's a reasonable bet that some form of advertising will be big in Web 3. Developers and startups in Web 3 will be willing to pay for distribution, but can we do better than the traditional advertising model? In Web 2, the biggest innovation was from CPM (pay per thousand views) to CPC (pay only if someone clicks on the ad). In Web 3, we could probably go as far as CPA (only pay when someone buys or takes action onchain).
That's right as TYRION moves to disrupt the way ads are bought and sold as it moves to break up the global digital marketing monopoly held by Meta and Google with its on-platform chain capabilities.
The launch of $TYRION, the platform's native token, has been noticed in the crypto community. TWICE TYRION has been a featured guest on Twitter's (X) largest crypto space, The Roundtable. On Friday, at 12:30 PM EST, September 29, 2023, Tyrion spoke at Twitter's biggest event, The Future of Crypto by Mario Nawfal. This regularly gathers 500,000 listeners and features guests such as Elon Musk, CZ from Binance.
During the AMA segment of the show, Mario is interested in using Tyrion's platform when the MVP beta starts. This is a big step for international adoption. Mario is one of the world's leading figures in crypto and finance.
“As we build our product on Base Chain, we are moving into a future where the integration of advanced blockchain technology and innovative advertising solutions is not just a possibility, but a reality,” said TYRION CEO Patrick Gajada. “Our decision is based on our unwavering commitment to speed, security, empowerment and seamless interaction for our users.”
Base Chain's impressively low transaction costs, fast transaction completion and extreme scalability provide an environment where TYRION's platform features can truly thrive. Advertisers and ad publishers on TYRION enjoy improved performance, faster transactions, and an ecosystem ready to scale globally without compromising user experience and security.
This strategic alignment heralds a new chapter in which the collaboration between TYRION and Base Chain will bring unprecedented value to users, partners and stakeholders. Base Chain's adaptability and resilience complement TYRION's new approach to decentralized advertising, a future where digital advertising is not just visible, but responsive, engaged and trusted.
For media inquiries and more information on this exciting partnership, please contact:
Cale Tompkins, VP of Communications, via email: [email protected]
About TYRION
TYRION is an innovative brand committed to transforming digital advertising through transparency, efficiency and community engagement in the decentralized advertising space. At its core platform, TYRION is not only shaping the future of advertising, but ensuring it's engaging, valuable and trust-based.
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VP of Communications[email protected]
