AirPod will establish its own currency, the APOD an ERC-20 token. Tokens will start to circulate between AirPod project and our customers, creating our own internal micro-economy. For a cryptocurrency to be successful over time it must be driven by a sustainable economy. As customers use the AirPod and distribution grows, the ecosystems network effect will grow, building its value, and bringing lasting rewards for participants in the sponsorship program and token holders.

Like every economy the AirPod-Crypto-Economy is also determined by supply and demand. The core business model of the AirPod project is to grow distribution and customer base by generating revenue. The success of the revenue depends on the ratio of distribution and customer demand.

Three main benefits of APOD Token:

1. Being a part of »Sponsorship Program«

Sponsorship Program will start when 400th AirPod unit is placed or one year after business starts. As a token holder, you will be able to become a part of “Sponsorship program”. This means you will be able to exchange APOD tokens to tokens of each unit and with that you will be able to participate in profit generated by AirPod unit.

The Sponsorship Program gives contributors a chance to participate in collecting the rewards of the specific AirPod.

Sponsorship Program participants get their monthly reward payouts to the account they’ve created on the platform.

2. Become an AirPod’s Partner

In the next step (Phase 3) you will gain the possibility to propose new AirPod locations making you our partner.

In this stage, we start “Placement On Demand “, which enables the setup of the AirPod and connection to the network for ALL potential location submitters. Those will be owners or leaseholders of a specific location. A submitter registers on the platform, where personal as well as all required location information (address, photos) are required. A submitter will also have to gather applicable permits, and all other cost information, such as (potentially) rent, electricity and internet costs.

We either approve or decline the request. In case the request is approved, the parameters are written into a Smart Contract. APOD Tokens are the only payout currency. The monthly rent pays outs (rewards in APOD tokens) can be sold on exchange or converted to FIAT (via the ERC20 credit card provider) or additionally used to make investments in a new AirPod location.

3. APOD token is not conditioned by unstable crypto market

For a cryptocurrency to be successful over time it must be driven by a sustainable economy.

As customers use the AirPod and distribution grows, the ecosystems network effect will grow, building its value, and bringing lasting rewards for participants in the sponsorship program and token holders. AirPod’s future and your profits are not conditioned by unstable crypto market due to growing travel community and growth of number of placed Sleeping Pods.