Cryptocurrencies: 2625 / Markets: 20817 Market Cap: 24h Vol:

Description

Description


AirFox is a B2B platform that provides advertisers and lenders with more affordable mobile data. AirFox leverages the Ethereum blockchain as a digital ledger for the users' mobile phone data (behavior, personal information, user lifetime value, and opt-in advertisements), allowing the creation of a user score system that will determine if the user is a trustable credit recipient. Moreover, their applications (AirFox Browser and AirFox Recharge app) will allow the consumption of mobile internet (which is typically inflated mainly due to ads and trackers) to be reduced and enables users to receive micro-loans taking into account their telco data, wireless billing, device usage, web-sites browsed, applications used and AirFox, apps’ internal behavior in order to create a credit score

AirToken (AIR) is an Ethereum-based ERC-20 token that works as the currency in the platform, allowing AirFox to give micro-loans. The token also allows the advertisers to buy data directly. Furthermore, it will also be used as a reward system for token holders, allowing them to keep a portion of the advertising revenue generated by the platform.

Full Name AirToken (AIR)
Start Date 2017-10-08
Algorithm ETH Token
Proof Type N/A
Website https://www.airtoken.com/
Twitter @airtoken
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


AirFox is a B2B platform that provides advertisers and lenders with more affordable mobile data. AirFox leverages the Ethereum blockchain as a digital ledger for the users' mobile phone data (behavior, personal information, user lifetime value, and opt-in advertisements), allowing the creation of a user score system that will determine if the user is a trustable credit recipient. Moreover, their applications (AirFox Browser and AirFox Recharge app) will allow the consumption of mobile internet (which is typically inflated mainly due to ads and trackers) to be reduced and enables users to receive micro-loans taking into account their telco data, wireless billing, device usage, web-sites browsed, applications used and AirFox, apps’ internal behavior in order to create a credit score

AirToken (AIR) is an Ethereum-based ERC-20 token that works as the currency in the platform, allowing AirFox to give micro-loans. The token also allows the advertisers to buy data directly. Furthermore, it will also be used as a reward system for token holders, allowing them to keep a portion of the advertising revenue generated by the platform.

Team:

  • Victor Santos: Co-Founder, CEO.
  • Sara Choi: Co-Founder. 
  • James Seibel: CTO. 

AirToken held its ICO on 19th of September, 2017. The ICO token supply represents 70% of the total token supply, so there was a total of 1,491,492,558 AIR tokens available, for 0,015 USD each during the offering. The funding cap was 15,000,000 USD, that was reached on 28th of September bringing the ICO to an end. 

Token Reserve Split (30%):

  • 30% AirFox Reserve (10% to User Growth Pool;10% to Micro-Loan Reserve);

AirToken ICO campaign will feature a bounty campaign, and the token will not be mineable.

Bonus Structure:

  • Tranche 1: $0 to $2 million, 65 AIR per 1.00 USD equivalent in ETH
  • Tranche 2: $2 million to $4 million, 60 AIR per 1.00 USD equivalent in ETH
  • Tranche 3: $4 million to $8 million, 55 AIR per 1.00 USD equivalent in ETH
  • Standard Tranche: $8 million to $15 million, 50 AIR per 1.00 USD equivalent in ETH (no
    bonus)
ICO Status Finished
Token Supply 1491492558
Start Date 2017-09-19
End Date 2017-09-28
Fund Raised (BTC) N/A
Fund Raised (USD) 15000000
Start Price (USD) 0.015
Security Audit Company N/A
ICO Legal Form Corporation
ICO Jurisdiction U.S.A
Legal Advisers N/A
Blog https://medium.com/@airfox
White Paper https://www.airtoken.com/paper/AirFoxICO_WhitePaper_v1.5.pdf
Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer