CoinWorld news: The decentralized advertising platform Alkimi has launched on the Sui Network today, rebranding its token from ADS to ALKIMI and fully putting the entire digital advertising supply chain on-chain. The decentralized advertising platform Alkimi went live today, August 19, on the Sui (SUI) Network, marking its complete adoption of Mysten Labs' tech stack—including Sui, Walrus, Nautilus, and Seal—to fully put the digital advertising supply chain on-chain. $ALKIMI will launch on @SuiNetwork on August 19, 2025. https://t.co/Qm1bTmto4B As part of the migration, the project's token has been rebranded from ADS to ALKIMI at a 1:1 exchange ratio. The exchanges KuCoin and MEXC, where ADS has already been listed, have temporarily suspended ADS trading to complete the migration from Ethereum to Sui. Balances will be automatically converted to ALKIMI once the process is complete, and new token spot trading will reopen. Meanwhile, Kraken announced yesterday that it will soon list ALKIMI, but no launch date has been provided yet. $ALKIMI is coming to Kraken, powered by @AlkimiExchange for the advertising economy. Are you ready? https://t.co/se473bYLBQ pic.twitter.com/xnJcwASEpf Alkimi is a decentralized advertising platform aimed at moving the entire digital advertising supply chain on-chain. It uses the full Sui tech stack—Sui for transactions, Walrus for large-scale on-chain data storage, Nautilus for independent verification, Seal for encrypted data management—allowing ads to be served, impressions to be verified, payments to be processed, and sensitive information to be secured without intermediaries. The network processes over 25 million impressions daily and has already been utilized by major brands like AWS, TikTok, Currys, and Polestar. The ALKIMI token serves as both a revenue-sharing token and a governance/utility tool for participation in the AdFi ecosystem and staking program. It converts advertising transactions into earnings for holders.