🚀Airbrick 2.0 - Innovations
Introducing NFTs, Timeshare Ownership and a Decentralised Stablecoin.
Last updated
Introducing NFTs, Timeshare Ownership and a Decentralised Stablecoin.
Last updated
Once you become an Airbrick 2.0 Share (ROCKS) NFT holder, you are now part of a very select group of investors with some pretty amazing perks, let's dive in: -Free stay in the UK (for now ) with our NFT-based Timeshare Ownership -Returns of up to 60% APR from our Protocol -No locking period. Exit your investment by selling your ROCKS in the open market and eventually on our own NFT Marketplace (check out our roadmap here). -Voting rights (governance) on proposals to improve the protocol and future use cases within Airbrick 2.0's ecosystem.
More Perks are coming soon! Our team is working hard behind the curtains to bring some fantastic new use cases, such as: Our own Debit card - Collect Rewards, top up your card and spend your money however you like. Private Members Club - Have access to some amazing places in Liverpool, Manchester and London. Airbrick 2.0's own NFT Marketplace, where you can easily buy and sell Airbrick 2.0 Shares. Find out more on our roadmap.
Similar to a vacation club membership, an NFT-based Timeshare Ownership is a system in which owners receive a specific allowance each year rather than a fixed/floating week for example. Owners then use their allowance to exchange for accommodations at a variety of properties or boats from Airbrick 2.0's portfolio.
The price of each of the 7777 Airbrick 2.0 Share NFTs when we launch will be at a floor price of $1,000 per NFT. Once all NFTs are sold, the only way to grab one and be able to receive rewards from the protocol will be by acquiring it from the open market.
The Airbrick 2.0 USD (aUSD) algorithmic token serves as the backbone of a rapidly growing ecosystem aimed at bringing liquidity and new use cases to the already successful Airbrick protocol. The protocol's underlying mechanism dynamically adjusts arUSD's supply, pushing its price up or down relative to the price of $1.
Inspired by the original idea behind Basis as well as its predecessor (bDollar), Airbrick 2.0 is a multi-token protocol which consists of the following three tokens: -Airbrick 2.0 USD (aUSD)
-Airbrick 2.0 Share (ROCKS)
-Airbrick 2.0 Bond (aBOND) The price volatility of cryptocurrencies is a major deterrent to mass adoption. Their rapid change in fiat-denominated value causes payment values to vary even during settlement times, being highly inconvenient to merchants that handle them.
Stablecoins are cryptocurrencies with an exchange rate peg with existing fiat currencies (such as the United States dollar) or a fiat-related index, thereby drastically increasing their usefulness as a payment medium. Although many wide varieties of stablecoin mechanisms exist, the Airbrick 2.0 Protocol specifically uses an “algorithmic central bank” approach to manage the supply of tokens according to a predetermined logic. The algorithm is in charge of balancing the stablecoin supply to a fluctuating demand, ensuring that the token price remains relatively stable. Further details are available under the Tokens & Mechanisms section.
