Alkimi ($ADS) Price



Before trading any crypto asset, it is important to understand the risks. This overview summarizes certain risks associated with this asset. No securities regulatory authority has issued an opinion regarding this asset, including an opinion that it is not itself a security and/or derivative.

Investors in Canada are reminded that no securities regulatory authority or regulator in Canada has assessed or endorsed any Crypto Contract or Crypto Asset made available through the Uphold Platform.

Token Description & Project Background

The Alkimi Exchange is a decentralized advertising exchange built on the Constellation Network’s Hypergraph. It aims to be a better solution for advertisers than traditional cloud service providers by offering greater campaign transparency, reduced fees, and the ability to benefit from unused bandwidth through staking.

$ADS is the network’s utility token that is used to cover transaction fees. It is also used to reward users for providing bandwidth by staking their assets.

The project was co-founded by Ben Putley (CEO) and Adam Chorley (COO) in May 2021. Putley previously led the sales team at The Fifth, News Corp’s influencer marketing agency, and Chorley’s previous roles include Programmatic Director at Condé Nast and Sales Director at SmartFrame Technologies.

The $ADS token launched in August 2021. The Alkimi ad exchange went live in February 2023.

Risks of $ADS

Like an investment in other crypto assets, there are some general risks to investing in $ADS. These include:  (i) volatility risk and liquidity risk, (ii) short history risk, (iii) demand risk, (iv) forking risk, (v) code defects, (vi) regulatory risk, (vii) electronic trading risk, and (viii) cyber security risk. For additional information of these and other general risks associated with crypto assets and Uphold’s platform, please refer to the Risks Specific to Holding Digital Assets statement.

In addition to these general risks, an investment in $ADS is subject to the following specific risks:

  • Alkimi faces competition from a number of blockchain projects, such as Verasity or AdShares, which also aim to reshape the advertising industry. Any potential success associated with $ADS is reliant on the Alkimi Exchange’s rate of adoption by advertisers and publishers.

We emphasize that this Crypto Asset Statement is not an exhaustive description or summary of all risks associated with $ADS. Investors should conduct their own research and perform their own assessment before trading any crypto asset to determine the appropriate level of risk for their personal circumstances.

The $ADS community and its founding team are not under any legal or regulatory obligation to disclose material information to the public regarding its activities. Holders of $ADS have no recourse to the $ADS community, its founding team, or Uphold if $ADS declines in value for any reason.

Changes to applicable law may adversely affect the use, transfer, exchange, or value of any of your crypto assets, and such changes may be sudden and without notice.

Uphold’s Evaluation Process

Prior to listing $ADS on the Uphold Platform, Uphold performed due diligence on $ADS and determined that $ADS is unlikely to be a security or derivative under relevant securities legislation. Uphold’s analysis including reviewing publicly available information on the following: 

  • The creation, governance, usage, and design of $ADS, including ensuring the source code is open-source, audited and peer reviewed, security, and roadmap for growth in the developer community. 
  • The supply, demand, maturity, utility, and liquidity of $ADS.
  • Any marketing materials put forward by the $ADS social team including on, Twitter, Medium blog, LinkedIn posts, Discord and Telegram channels.
  • Material technical risks associated with $ADS, including any code defects, security breaches and other threats concerning $ADS and its supporting blockchain (such as the susceptibility to hacking and impact of forking), or the practices and protocols that apply to them.
  • Legal and regulatory risks associated with $ADS, including any pending, potential, or prior civil, regulatory, criminal, or enforcement action relating to the issuance, distribution, or use of $ADS. 


Uphold has prepared this Crypto Asset Statement based on publicly available information. Although Uphold has taken steps to obtain information from apparently reliable sources, information contained in this Crypto Asset Statement may be inaccurate, incomplete or out-of-date. This overview is a starting point for you to perform your own research prior to investing in a crypto asset.

Uphold users should read the Risks Specific To Holding Digital Assets statement for additional discussion of general risks associated with crypto assets made available through the Uphold platform.  

Canadian residents, please note that Uphold has filed an application for registration in certain Canadian jurisdictions but has not yet obtained registration. Until such time as Uphold obtains registration, Uphold has agreed to abide by the terms of an undertaking available at the following link. Please also review the Uphold Canada – Crypto Risk Statement for additional discussion of general risks associated with the crypto assets made available through Uphold Platform. Please be aware that statutory rights of action for damages or rescission in section 130.1 of the Securities Act (Ontario) and, if applicable, similar statutory rights under securities legislation in the other provinces and territories of Canada do not apply in respect of this Crypto Asset Statement or other disclosures on the Uphold website and Risks Specific To Holding Digital Assets statement. 

Last updated on June 14, 2023.

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