InfluAds launches its crowd-sourced ad network to try and de-clutter the web

Mike Butcher

Mike Butcher is the European Editor for TechCrunch. A former grunge rock drummer, he became a long time journalist, and has since written for UK national newspapers and magazines including The Financial Times, The Guardian, The Times, The Daily Telegraph and The New Statesman. Mike is also a co-founder and shareholder of TechHub, a co-working space/service/community with several locations... → Learn More

Tuesday, June 21st, 2011

We’ve had crowd-sourced book reviews (Amazon), crowd-source location (Foursquare, Waze), so why not a crowd-sourced advertising network? Sounds crazy? Well the fact is display banner ads have been just a tiny bit dissappointing and basically create clutter on the real estate of the web. At the same time companies try to monetize what they do to fund free apps with these things. The answers are tricky.

So relevancy is the key – and this remains very hard. But still the banner ads come, plastering web and mobile. Google AdWords has helped but the problem is that the long tail of small businesses still finds it hard to buy banners, where campaigns can run beyond the budgets of smaller companies.

Seed backed by the France/Israel based Kima Ventures, InfluAds, a crowd-sourced ad network which doubles-down on ad placement, launches today. Its aim is to eliminate unsold and remnant inventory and removing ‘bad’ ads with good ones.

The 16 months old Copenhagen-based startup has a team in spread across Denmark and Portugal and now has 200+ publishers signed up including Venturehacks, StartupQuote and others.

The idea is that publishers (blogs, news sites, anything) work together to develop curated ad networks around their niche. The idea is to drive premium revenue per ad unit and matching multiple ad units per page.

Worth kicking the tyres on this one.