3AIR – The token that helps Africa

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The blockchain-based start-up sets out to solve connectivity and identification issues around the African continent and has already started to assemble the infrastructures that will enable the growth of its comprehensive all-in-one blockchain ecosystem.

Through its partnership with K3 Telecom, 3air proposes wireless broadband internet, digital TV, and IP telephony access to areas where cable service is not possible or would not be viable, guaranteeing connection speeds of up to 1.000 Mbps per end user.

The 3air Ecosystem

Issues like connectivity or access to proper personal identification are still very present in most African countries, gaining a special relevance when they translate into difficult barriers in business relations.

The 3air blockchain platform is taking on the ambitious task of creating a solution that will not only solve connectivity and allow access to high-speed internet, but also tackle the personal identification problem with the introduction of the Digital Identities feature – a trustless, secure, and private way for users to maintain credit scores, medical history, or proof of education as verifiable information on the blockchain.

At the base of the entire ecosystem will be 3AIR, an Ethereum based utility and governance token on the SKALE blockchain.

The 3AIR Token

Serving as the sole currency available in the 3air ecosystem, 3AIR will grant its platform’s users access to services such as monthly subscriptions to TV and internet services, digital identities while enabling users to take advantage of the several adoption incentives that will be incorporated into the platform.

These adoption incentives take different forms and serve different purposes. From Rewards and Loyalty programs using gamified structures and granting access to cashback, airdrops, or NFT coupons, to a Referral system designed to boost the market’s trust indexes and prevent fraud by allowing users to recommend services or businesses to their friends, family, or associates.

Furthermore, by positioning itself as a secure and trusted bridge between users and service providers, 3air aims to help transform digital payments into a seamless and common activity in African countries. As with 3AIR, even the unbanked percentage of the population can complete bankless transactions and pay for the services included in the ecosystem, while the service providers receive the equivalent amount in the respective fiat currencies.

The ecosystem has been devised to include a number of supplementary features that not only make the user’s life easier but also drive the token’s adoption. Staking rewards, access to microloans or the development of governance solutions are a few of the additional attributes envisioned for the token, however, 3air’s vision is to keep developing their blockchain platform into an all-purpose ecosystem serving identity, payment, community, governance, and marketing needs and striving to become a reference for the telecom sector.

The post 3AIR – The token that helps Africa appeared first on CryptoSlate.

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