"Everything will be tokenized and connected by a blockchain one day."
-Fred Ehrsam
Today we talk about Airpod ecosystem!
The Blockchain is essential for our business growth.
The platform is the key to our success.
STAGE 1: The Platform - Decentralized Application Platform (DApp) Using Blockchain Technology and Tokenization
For the purpose of general management, economic overview, and control of the individual AirPod units, we are developing a platform, which will also be a marketplace where users will be able to trade Sponsorship Programs.
Key to the projects success and fundamental for potential exponential growth is an ecosystem which connects all AirPods in various locations around the world with a platform that enables franchise model distribution based on Blockchain technology.
Token to *Sponsorship Program Transition
The term “Sponsorship Program“ simply means that APOD token holders can exchange tokens for the right to participate in profit generated by an AirPod unit.
After upgrading our business model, we will enable additional Token Models. ICO contributors will be able to convert APOD tokens to a Sponsorship Program for each installed AirPod unit for an indefinite time period thus establishing a profit-sharing relationship (Reward), giving them the responsibility to manage unit(s) and right to collect fees in APOD Tokens.
This stage is planned at:
(1) 400 installed AirPods; or after
(2) 1 year of business (whichever happens first)
Example: Mark bought APODs in crowd sale. After 1 year, he is offered to exchange a specific amount of those APOD tokens (at market price!) for an up-to 80% profits from existing AIRPODS. His return on investment will pay off in max 1 year. After that time, Mark will enjoy the profits from chosen AIRPOD(S) for an indefinite amount of time!
The DApp will offer APOD token holders (ICO contributors) the option of token conversion to a Sponsorship Program of the already set-up AirPods. The platform will enable them to make a financial analysis of the individual AirPods free of charge and help them decide which AirPod they choose. The price of a Sponsorship Program is adjusted in accordance with its projected financial performance - the initial price algorithm is set by us.
In case multiple parties express interest in a specific AirPod, token holders will be able to bid for the AirPod. When interest is high, the cost to participate in the Sponsorship Program will rise accordingly. Tokens are the only currency used for the Sponsorship Program as well as for the reward percentage payouts. The Sponsorship Program gives contributors a chance to participate in profit shares (rewards) for the specific AirPod.
Participants in the Sponsorship program can buy a percentage (depending on the number of purchased APOD tokens), of each Sponsorship Program which can also be sold to other interested parties. Also, additional Sponsorship Program(s) can be created for a specific percentage of another AirPod unit(s). Sponsorship Program participants get their monthly reward payouts to the account they've created on the platform.
APOD token conversion to FIAT will be also possible through an ERC20 credit card provider.
This means APOD tokens (An ERC20 token on the Ethereum Blockchain) can be also used for everyday purchases!
STAGE 3: Self-Expanding Real Economy supported by Crypto Infrastructure
After the testing stage of the platform is finished and everything works smoothly, we execute the third stage. 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 (1) owners or (2) 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 (1) approve or (2) decline the request. In case the request is approved, the parameters are written into a Smart Contract. APOD Tokens are the only payout currency. Percentages of payout revenue from AirPod units (deducted from costs) will be announced at a later stage. The monthly rent payouts (rewards in APOD tokens) can be sold on the exchange or converted to FIAT via the ERC20 credit card provider or additionally used to make investments in a new AirPod location.
TOKEN MODEL
The Primary goals of the APOD Token are facilitating the rental of AirPod units and to provide the backbone of an internal AirPod economy. As a pure utility token, it provides access to AirPod services and enables usage of AirPod units.
A SUSTAINABLE CRYPTO 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.
Why the AirPod Crypto-Economy will succeed:
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 (demand generation) depends on the ratio of distribution and customer demand. The main goal in the AIRPOD crypto-economy is, therefore, the alignment of incentives between users and sponsors. The main driver of potential APOD token value increase lays in our technical execution after receiving FIAT payment for AirPod service:
We split the received FIAT (payment for rent): using 50% for our company costs and the remaining 50% for buying Tokens on exchange at market price and placing sell orders (sell wall) of 0.023 APOD/ETH or/and 0.0002 APOD/BTC at today's equivalent value. While the number of distributed AirPods and users will grow the frequency of Tokens we buy from the Exchange grows, as a result, the value of APOD token will automatically increase over time. This simply means that more AirPods are installed and more users are generated, the frequency of Token buyback from the exchange and placing them back at a higher price, will increase with the price of APOD Token.
Tokens will start to circulate between AirPod project and our customers, creating our own internal economy. Customers will be encouraged to use Tokens for renting pods with a substantial discount, companies will be motivated to buy APOD Tokens for their frequently traveling employees.
CASH / TOKEN FLOWS
In the case that APOD Tokens were received for renting, Tokens will be sent to an exchange, where half (50%) of Tokens will be sold at current market price to cover expenses. With the rest of Tokens (50%) a sell order APOD/ETH or/and BTC in equivalent value of 0.023 APOD/ETH or 0.0002 APOD/BTC is placed.
In the case that renting was paid for with fiat (credit card payment), 50% of the amount will be used to cover expenses and the rest will be placed on the online exchange (after exchanged to EUR or USD) to buy APOD Tokens at the current market price. With bought Tokens, a sell order will be placed on the exchange - APOD/ETH or/and BTC in equivalent value of 0.023 APOD/ETH or 0.0002 APOD/BTC.
In both scenarios, part of the Tokens will become available on the market - APOD/ETH or/and BTC in equivalent value of 0.023 APOD/ETH or 0.0002 APOD/BTC. We will encourage our customers to buy APOD Tokens from the market at current prices and take advantage of the discount for renting in Tokens. This way the Tokens will be further distributed among our potential customers, thus building our own economy.
Join the AirPod Bounty Campaign on Bountyhive!
https://bountyhive.io/join/AirPod
Website: https://air-pod.io/
Whitepaper: https://air-pod.io/wp-content/uploads/2018/02/AirPod_Whitepaper_A4.pdf
Feel free to resteem and upvote!