Mobile internet access using advertising and micro-loans.
“We want to enable the billions of offline and pre-paid mobile subscribers in emerging markets to have access to capital for both data, the fuel of the smartphone, and eventually digital and physical goods within the mobile ecosystem. Our vision is a world where anyone with a smartphone can enjoy unrestricted access to the internet.”
|ICO Start Date||September 19, 14:00 UTC|
|ICO End Date||October 19, 14:00 UTC|
|Token Supply||1.5 billion|
|Social||| | ||
AirToken ICO is live. Ends:
Interview with AirToken
BitcoinChaser: What kind of problem, market deficiency or opportunity inspired you to launch your project?
AirToken: Unbanked, lower-income people in emerging markets lack access to the digital economy and traditional capital infrastructure. They typically lack formal employment history, salary history, payment records, property records, and other data points common in developed societies. As such, it is very hard to get access to credit and capital at affordable rates, making it difficult to improve their lives. AirFox believes it can successfully gauge creditworthiness using one asset the unbanked do have – their smart phone – and unlock capital for these users and reduce the cost of mobile data.
BC: How will your project address this problem, market deficiency or opportunity in a unique way?
AT: AirFox is increasing access to mobility for consumers, especially in emerging markets. Through a variety of mechanisms, including allowing advertisers to sponsor data directly for users, and by creating a microlending platform using our new ERC20 cryptocurrency the “AirToken”, mobile data becomes cheaper and more accessible for millions of users. No other company has tried to attack the issue of increasing access to mobile capital in the way we are attempting.
BC: How do you think that competition will develop following your ICO?
AT: Our competition is not blockchain based and suffers from the inefficiencies of the traditional government and economic infrastructure. By using the Ethereum blockchain, we believe we can decentralize access to data, capital, and microlending and drastically cut costs and improve mobile access. We aren’t worried about competition, as we have a 1 year advantage with our existing technology and are the first to use the blockchain to solve this problem.
BC: For all those who have read your white paper and are still on the fence about contributing to your ICO, what can you tell them that could lead them to buy into your project?
AT: Unlike many other ICO’s, we are a successful US business, founded by ex-Googlers, backed by prominent venture capital firms, developing and planning this project for longterm success. We are going to devote years of our life to this project. By purchasing the AirToken, you aren’t just purchasing another ERC20 token – you are expanding access to mobility and capital for millions of people in emerging markets. We hope you buy the AirToken and hold it longterm and support our mission to help people around the world.
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