๐Airbrick 2.0 - Innovations
Introducing NFTs, Timeshare Ownership and a Decentralised Stablecoin.
A New Era of Ownership
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.
What is NFT-based timeshare ownership?
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.
How much will a Timeshare Ownership NFT cost (ROCKS)?
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.
Decentralised Stablecoin with an Algorithmic Central Bank
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 โalgorithmic central bankโ 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.
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