AIRBLOC

Idea & Token

AIRBLOC is creating a decentralized platform based on a protocol of the same name for personal data. The platform users will be able to monetize their data and advertisers will be able to buy these data to conduct targeted marketing campaigns. The platform will be a kind of a data marketplace equally profitable for all participants. AIRBLOC is going to resolve such problems as illegal data monetization, high advertising costs because of centralized data brokers controlling the data, unclear personal data management provided by centralized services, no rewards for data sharing, no marketplace for users’ data.
The AIRBLOC protocol will include Application Layer and API for third-party DApps, Service Layer providing all the functions of the network, and the Core Layer based on Ethereum for data verification.
AIRBLOC will have two kinds of tokens – ABL (ERC-20-based) and AIR. The second one is a non-transferable token that will be used for rewards for Users, Refiners, and Gatekeepers and can be later converted to ABL at a 1-to-1 ratio. The ABL token will be used for rewards for the data providers, data validators, data storage nodes, data refiners, and will be required for transactions on the platform. A total supply is 400 million ABL tokens. The token distribution: 38.6% – sale, 20.1% – rewards, 16.8% – institutional investors, 13.3% – team, 4.5% – reserve, 4.5% – advisors, 2.2% – research.

Team

AIRBLOC is a Korean team of 22 specialists fully packed with top Korean software engineers from such enterprises as Google, LINE, Naver, Software Maestro, and WeMakePrice. The co-founders bring their business development experience from their parent company called ab180, a Korean digital advertising company which services over 300 enterprises. The project CEO Roi Nam also served as CEO of ab180. The team is supported by 10 advisors, most f which are top managers of their companies, as well as entrepreneurs, specialists in security and software development.

Summary

A big and strong team with so many software developers that it becomes obvious the co-founders are interested in the fastest implementation of the product and its quality. A good idea, a solid detailed Whitepaper, the previous
Successful experience in the parent company ab180, a small hard cap of 20,000 ETH, a long list of partners and investors. At the same time they have a number of competitors and the project’s future looks positive rather in a long-term perspective, than a short-term one.

A project from a large and serious team that has a thought-out plan, a previous successful story and all the resources required for the plan implementation.