Airtoken is lying or sounds like a pipe dream. In order to pay the users for advertising, Airtoken will need to get advertisers and earn advertising revenue. Then it needs complicated processes to show the ads where the advertisers want, to charge properly and to share the revenue with users. This incurs significant costs and is a huge undertaking, which requires much more than just creating an Ethereum token. They need to show how they will be able to do these numerous processes much more cheaply than the existing companies, in order to be able to share some of the advertising revenue with users. Have they ever done anything similar to this before? Probably not. They have 6 reviews of their AirFox Browser on Google Play, probably by people who saw their ICO.
Airtoken’s website states: “Publishers will have higher monetization, new user reach, and a better user experience.” But its white paper does not explain how. Is this blowing smoke?
There is another major problem with Airtoken: Micro-loans, which is a complicated, costly and money-losing business. Google “micro loan failure” and you’ll see articles like:
“The microfinance delusion”
“Tragic failure of microcredit”
“Microfinance Has Been A Huge Disappointment Around The World”
“Micro loans Don’t Solve Poverty”
“Perils of Microfinance”
Micro loans was concocted by emotional socialists who think with their hearts instead of their brains, which always makes a country poorer.
The Airtoken team only needs to do 5 minutes of research on micro-loans and would have found the above. This means that they are dishonest. If they did not do the research, then they are incompetent.
I agree with
EnjinCoin. You can add Unikoin and Stockbet to that category.
Ambrosus doesn’t make sense. Why do we need a new altcoin to record the history of products? Even if you record the history of products on the blockchain, how do you know the data is accurate? How can you trust the inputters of data? How do you know it isn’t put in by the manufacturers, who will exaggerate or lie? This sounds like another project trying to put the kitchen sink onto the blockchain.
Read:
There are 3 types of ICOs - Protect Yourself
https://bitcointalksearch.org/topic/3-kinds-of-icos-protect-yourself-2243157