AirToken (AIR)

AIR

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)