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Home » Blog » What Is ADO Network (ADO)? Complete Guide & Review About ShibaForest
CryptoCurrencies

What Is ADO Network (ADO)? Complete Guide & Review About ShibaForest

Cws Team
Last updated: 24/12/2024 11:09 PM
Cws Team
3 years ago
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Disclosure: We are not a registered broker-dealer or an investment advisor. The services and information we offer are for sophisticated investors, and do not constitute personal investment advice, which of necessity must be tailored to your particular means and needs. !
What Is ADO Network (ADO)? Complete Guide & Review About ShibaForest
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What Is ADO Network (ADO)?

ADO Network aims to become the leading digital services provider for real-world applications on blockchain such as travel, gambling, and investing. They introduced two novel features on Binance Smart Chain as well as unique tokenomics, rewards, and loyalty system. The aims to increase adoption by connecting businesses with the blockchain technology. It’s also possible to trade on own dApps Utility.

Contents
  • What Is ADO Network (ADO)?
  • ADO Network Coin Storage Key Points
    • Main Purpose
    • Why Binance Smart Chain?
    • Why ADO.Network?
    • Benefits
    • RoadMap
      • Research – 2021-Q3
      • Design – 2021-Q4
      • Fair Launch – 2022-Q1
      • Aggressive Marketing – 2022-Q2
      • Travel App Beta Test – 2022-Q3
      • Community Benefits – 2022-Q4
      • Investing App – 2023-Q1
      • Gambling App Beta Test – 2023-Q2

Check out the website for more info! Features:

– unique tokenomics and tax features

– novel feature for paying affiliates (referrals) through smart contracts

- Advertisement -

– novel feature in V2 contract that can switch liquidity from BNB to BUSD and back

– Blockchain, Dex, Block Explorer ready on TestNet

– unique tokenomics based on milestones

– rewards system for holders

– loyalty system for holders and marketers

- Advertisement -

ADO Network Coin Storage Key Points

Coin BasicInformation
Coin NameADO Network
Short NameADO
Total Supply391,983,319
Max Supply1,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Main Purpose

ADO Network main purpose at Ado Network is to increase crypto adoption and deliver better DeFi products. They aims to become the leading digital services provider for real-world applications on blockchain such as travel, gambling, and investing.

To be able to do that, they need a sound economic model and better DeFi products. This is designed to start from scratch, build a community together, and then grow businesses that bring revenue.

This already has a working Blockchain, a DEX, a Block Explorer and a Custom Swap on Testnet. They will be launched at a later date. Upcoming projects are Ado Travel Portal, NFT Collection with upgradable travel discounts, NFT Marketplace, Ado Wallet with iOS and Android App, Ado Gambling, and Ado Investments.

- Advertisement -

Why Binance Smart Chain?

BNB Chain has the most users out of any blockchain, the most active addresses and the highest number of Dapps built on it. It also has low transaction fees and has the direct backing of the biggest player in the industry (Binance Exchange).

They share the same values of having a sound economic model and pushing for adoption, so the choice was really easy.

The business model revolves around high adoption with a minimum investment. The smart contracts we’ve built require a low gas fee so Ethereum was out of the question.

Why ADO.Network?

They believe that the value of any project is given by its community. Above all, we value the interest of holders and offer total transparency. From concept to execution, Ado.Network is built differently than most crypto start-ups. Please follow social media channels, and help build together.

  • unique tokenomics and tax features
  • novel feature on Binance Smart Chain for paying affiliates (referrals) through the Custom Swap on ADO Network Coin with an upgradable commission based on transactions
  • novel feature in V2 contract that can switch 99% of liquidity from BNB to BUSD and back without changing contracts, protecting everyone from a future market downturn
  • Blockchain, Dex, Block Explorer ready on Testnet (similar to Binance Smart Chain)
  • Custom Swap Mode that supports affiliate commission and always works with the Main Liquidity Pool
  • earn staking rewards in BNB without locking your tokens (better than liquid staking) compounded to your wallet every 24h
  • complete dashboard to track relevant metrics from blockchain that updates itself in real-time
  • a holders lottery for that is triggered by milestones
  • a lottery for affiliates that is triggered when the prize pool gathers that amount
  • my profile page where you can track your earnings from dividends and affiliate commission
  • an affiliate leaderboard for people to see where they rank against the competition
  • possibility to reload the affiliate contract from external sources (revenue from businesses)

Benefits

The travel portal will offer ADO holders discounts for any travel product, flights, hotels, and vacations. Travel products will be offered by partners at Travel Meridian Zero through European trademarks FlightWay and Tripion.

Discount is applied to the commission earned by Travel Meridian Zero. Discount plan: 5% – revenue for ADO.Network Coin 5% – revenue for $ADO holders Up to 20% more discount for the $ADO holder that booked the flight, hotel or vacation as follows:

  1. 1.$100 in ADO = 5% Discount
  2. 2.$250 in ADO = 10% Discount
  3. 3.$500 in ADO = 15% Discount
  4. 4.$1000 in ADO = 20% Discount

NFT’s will be minted on Ado.Network (in BNB) and can be migrated to any NFT marketplace on Binance Smart Chain. The NFT’s will provide additional personal discounts for travel products that can be cumulated with the discounts from owning $ADO. The total discount from NFT’s for travel products is 20%, upgradable (1 start level at 4% + 4 upgrade levels). There will also be a minting discount and a whitelist for $ADO holders.

RoadMap

Research – 2021-Q3

  • Proving the concept can work
  • Strategic Plan
  • Whitepaper concept
  • Building the MVP

Design – 2021-Q4

  • Platform design and technical demonstration
  • Building the Whitepaper

Fair Launch – 2022-Q1

  • Open (Fair Launch) of ADO Token
  • Initial marketing campaign

Aggressive Marketing – 2022-Q2

  • Aggressive marketing campaign to complete token milestones
  • Searching for influencers to get on board our Affiliate Program
  • External Code Audit

Travel App Beta Test – 2022-Q3

  • Private closed beta
  • Open beta launched to public and improvement in the App
  • All Travel products added

Community Benefits – 2022-Q4

  • Establishing global user base
  • Establishing global partnerships
  • Public App release on iOS and Android

Investing App – 2023-Q1

  • Proof of concept
  • Build automated trading software
  • Explain staking with 150% APY

Gambling App Beta Test – 2023-Q2

  • Private closed beta
  • Open beta launched to public and improvement in the App
  • Gambling and Investing are added to the mobile App
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One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People
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