The Securities and Exchange Commission (SEC), announced on Friday that it had settled its charges against two firms involved with… read more
What is AirToken?
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. AirFox is a B2B platform that provides advertisers and lenders with more affordable mobile data. 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. 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.
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