Airo Network Tokenomics Explained: Unlocking The Power of $AIRO

Key Takeaways
  • Airo Network rewards users with $AIRO tokens for air quality monitoring and community engagement.
  • $AIRO tokens offer staking, governance, profit sharing, and access to eco-friendly services.
  • Airo Network’s tokenomics ensures sustainability with 80% allocated to mining rewards over 10 years.
11-11-2024 Sakshi Jain
Airo Network Tokenomics Explained: Unlocking The Power of $AIRO

Airo Network Tokenomics Explained: Rewards, Utilities & Sustainability

The AIRO Network empowers users worldwide to monitor air quality data while earning rewards. With a robust tokenomics plan, innovative utilities, and community initiatives, AIRO fosters environmental awareness and engagement. 

What is AIRO and Airo Network

AIRO is a pioneering platform focused on improving global air quality insights. Leveraging the AIRO A1 Air Miner and future AIRO devices, the network creates a detailed, global map of air pollution, freely accessible to everyone. Users can track pollutants and environmental risks, fostering greater environmental awareness.

The Airo Network is an ecosystem dedicated to air quality data collection, sharing, and analysis. Using decentralized technology, it enables community members to earn rewards while contributing to a global air quality map. With $AIRO tokens, participants gain access to a host of platform utilities and governance rights.

Airo Network Tokenomics  

Airo Network’s token, $AIRO, is built on the MultiversX Blockchain (formerly Elrond) and has a total supply of 250 million tokens. The token distribution is strategically designed to ensure the network's long-term sustainability and growth.

Mining Rewards (80%): 200 million tokens are allocated to incentivize miners and network participants. These rewards will be distributed over the next 10 years to encourage continuous community engagement.

Founders and Team (3%): 7.5 million tokens are reserved for the founders and team, with a 2-year cliff and a 2-year vesting period, ensuring long-term commitment.

Liquidity (5%): 12.5 million tokens are allocated to maintain liquidity and ensure smooth trading.

Marketing and Promotions (4%): 10 million tokens will support network promotion, airdrops, and community-building efforts.

Advisors (1%): 2.5 million tokens are set aside for advisors, with a 1-year cliff and a 1-year vesting period.

Token Sale (8%): 20 million tokens are reserved for initial funding and market entry.

Airo Network Token Utility 

$AIRO has several key utilities within the Airo Network ecosystem, promoting engagement and providing value for users:

Steaming Your Air Miner:  Staking $AIRO tokens ensures your Air Miner operates at peak efficiency, allowing for optimized rewards.

Profit Sharing:  Users who stake $AIRO tokens receive a portion of the network's profits in USDT on a quarterly basis.

Governance :$AIRO holders can participate in the decision-making process, voting on proposals to guide the network’s future.

Staking: $AIRO tokens can be staked through the miner’s dashboard or various pools to earn fixed APR rewards.

Payment for Services:  Users can pay for services like the AIRO Map, data subscriptions, and alerts with $AIRO, receiving a 20% discount over fiat payments.

Currency for WEX.CX: $AIRO will also serve as the primary currency for the Weather Exchange platform, enabling fee payments and staking.

Merchandise :$AIRO can be used to purchase exclusive products from the network’s merchandise store.

Gaming Ecosystem :$AIRO will be used in various AIRO-related games and the Elementals Metaverse for in-game purchases.

Airo Network Token Unlocks

The release schedule for the $AIRO token is designed to ensure fairness and the continued growth of the network:

Team Token Unlock Schedule:  The 7.5 million team tokens will be locked until February 2025. After this, the tokens will be released in a linear manner over two years.

  • Year 1: 50% (3.75 million tokens) will be unlocked between February 2, 2025, and February 1, 2026.

  • Year 2: The remaining 50% (3.75 million tokens) will be unlocked between February 2, 2026, and February 1, 2027.

Advisor Token Unlock Schedule:  Advisor tokens will be subject to a one-year cliff, followed by a one-year vesting period.

  • 2.5 million tokens are set aside for advisors, with 500,000 tokens vested so far for the project’s influencer partner.

  • The advisor tokens are planned to be fully vested by 2026.

Airo Network Presale  

The presale for $AIRO tokens, aimed at funding the launch of the AIRO A1 Air Miner, marks the beginning of a sustainable and community-driven journey. With 20M tokens allocated, this funding supports initial exchange offerings, launchpads, and other activities to establish a strong foundation for growth.

Conclusion  

Airo Network offers innovative solutions for air quality monitoring, rewarding participants with $AIRO tokens while promoting environmental awareness and community-driven engagement for a sustainable future.  

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