AIRCOIN
AIRCOIN
Token: ACT


We are the Future

ICO dates
Start date: 2018-04-06
End date: 2018-04-16

Registrated in: Ukrain

Platform: Ethereum
Type: ERC20

PREMIUM ICO

AIRCOIN categories
Cryptocurrency
AIRCOIN whitepaper
Video
AIRCOIN token sale
KYC passing required Yes | Whitelist No | Restriction for countries No
Hard cap 12,000 ETH
Price 1 USD = 1 ACT
Price in PreICO 1 ETH = 1750 ACT
Minimal investment 0.1 ETH
Acceppting ETH
AIRCOIN news, social
AIRCOIN search trends in Google
Random whitepaper excerpts

NOTICE
NOTHING IN THIS TECHNICAL WHITEPAPER CONSTITUTES LEGAL, FINANCIAL, BUSINESS OR TAX ADVICE
AND YOU SHOULD CONSULT YOUR OWN LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISER
BEFORE ENGAGING IN ANY ACTIVITY IN CONNECTION HEREWITH. NEITHER AirCoin FOUNDATION LTD.
(THE FOUNDATION), ANY OF THE PROJECT TEAM MEMBERS WHO HAVE WORKED ON THE AirCoin
PLATFORM (AS DEFINED HEREIN) OR PROJECT TO DEVELOP THE AirCoin PLATFORM IN ANY WAY
WHATSOEVER (THE AirCoin TEAM) NOR ANY SERVICE PROVIDER SHALL BE LIABLE FOR ANY KIND OF
DIRECT OR INDIRECT DAMAGE OR LOSS WHATSOEVER WHICH YOU MAY SUFFER IN CONNECTION WITH
ACCESSING THIS TECHNICAL WHITEPAPER, THE BUSINESS WHITEPAPER, THE WEBSITE AT
HTTPS:/WWW.THEAirCoin.IO/ OR ANY OTHER MATERIALS PUBLISHED BY THE FOUNDATION.
All contributions will be applied towards the Foundation's objects, including without limitation promoting the
reseACTh, design and development of, and advocacy for a scalable, extensible, cost efficient, protocol-agnostic
and easy-to-use platform for b...

national, resident (tax or otherwise), domiciliary and/or green card holder of a geographic area or country (i)
where it is likely that the sale of ACT would be construed as the sale of a security (howsoever named) or
investment product and/or (ii) in which access to or participation in the ACT token sale or the AirCoin Platform
is prohibited by applicable law, decree, regulation, treaty, or administrative act, and/or (including without
limitation The United States of America, The People's Republic of China, New Zealand, and the Republic of
Korea).
The Foundation and the AirCoin team do not and do not purport to make, and hereby disclaims, all
representations, warranties or undertaking to any entity or person. Prospective purchasers of ACT should
carefully consider and evaluate all risks and uncertainties (including financial and legal risks and uncertainties)
associated with the ACT token sale, the Foundation and the AirCoin team.
The information set out in this Technical Whitepaper is for community discussion...

INTRODUCTION
PURPOSE
The purpose of this document is to provide a high-level technical overview of the AirCoin platform.
It assumes that the reader has a basic understanding of cloud computing, decentralized applications,
and blockchain technology. A list of resources is provided for those who would like to develop a
foundational understanding of blockchain technology.
SCOPE
This document provides a technical overview of AirCoin, a blockchain ecosystem for building and
deploying decentralized applications. It describes core elements of the service and provides details
about the ACThitectural design of critical components.
The information in this document is intended for informational purposes only. AirCoin may make
improvements or changes to the products, ACThitectural design, or programs described in this
document at any time without notice.
RELATED DOCUMENTS
AirCoin Official Website:
https:/theaircoin.io
2
...

TABLE OF CONTENTS
Introduction
2
Purpose
2
Scope
2
Related Documents
2
Overview
5
Problems with Today’s Blockchains
5
Poor Performance
5
Not Consumer Friendly
5
Cost
6
Platform Lock-In
6
Lack of Features
6
The AirCoin Platform
7
AirCoin’s Advantages
8
Built for the New Token Economy
8
Optimized for the Best Experience
8
Built for the Cloud
8
Built with an Open Standard
9
ACThitecture
9
Design Principles
9
System ACThitecture
9
Open Chain Access Protocol
10
Blocklet
10
Blocklet Components
11
Decentralized Pub/Sub Gateway
11
Marketplace and Token Economy
11
Cloud Nodes
11
Core Components
12
Open Chain Access Protocol
12
Open Chain Access Layer
12
Chain Adapters
13

Relationship with Blockchain as a Service
14
Design Principles and Inspiration
14
Blocklet
14
Microservice ACThitecture
15
Serverless Computing
15
Blocklet Types
15
Off-Chain Logic
15
Off-Chain and On-Chain Logic
16
Asset and Resource Handling
16
Smart Contracts
16
Oracle
16
Blocklet Implementation
16
Blocklet Components
17
Decentralized Pub/Sub API Gateway
17
API Gateway
17
Pub/Sub
18
Decentralized and Secured
18
Decentralized Media and Assets
18
Client Library/Framework
19
Algorand
20
The Token Economy and the Service
21
The AirCoin Token (ACT)
21
The Miners
22
Resource Miners
22
Component Miners
22
The AirCoin Marketplace
22
Token Foundation Services
22
Application Tokens
23
Future Work
...

OVERVIEW
AirCoin is a platform and an ecosystem for building and deploying decentralized blockchain
applications. The platform goes beyond providing the necessary foundational components for using
blockchain to power complex business rules. It connects your existing system to blockchain networks,
enabling you to automate business processes using the data and identities associated with existing
systems.
AirCoin’s primary goal is to remove the barriers that have slowed blockchain adoption among the
general public. We’re also passionate about developing unique approaches that will significantly
advance blockchain development.
PROBLEMS WITH TODAY’S BLOCKCHAINS
Blockchain technology is still in its infancy. There are many issues preventing developers and
businesses from creating widespread, decentralized blockchain applications.
POOR PERFORMANCE
Performance is one of the main challenges facing current blockchain technology. The blockchain that
Bitcoin uses is designed to handle seve...

COST
The extremely high cost of using blockchain technology is a major barrier to mainstream adoption. It
also limits developers who need the flexibility to build free servicJeuss.t
like today’s web and mobile
apps, users shouldn’t have to pay for every minor action. Similar to the Internet, blockchain technology
should be able to support free applications.
Making blockchain free to use is key to widespread adoption. A free platform will also empower
developers and businesses to create valuable new services they can monetize, rather than having
users pay fees to use the blockchain network.
PLATFORM LOCK-IN
As with the early days of any computing technology, blockchains have critical “platform lock-in”
problems. Developers have to decide which blockchain to support, then implement platform-specific
code that makes it very difficult to switch an application to a different blockchain later on.
Developers don’t want to be locked into working with a certain blockchain technology. Th...

switch back and forth between them. The Open Chain Access Protocol makes it easy to implement
new blockchains as the technology evolves. It eliminates the platform lock-in issue and enables
applications to run on multiple blockchain fabrics, vastly improving the developer and user experiences.
Blocklet
is another revolutionary component that takes advantage of the latest microservice
ACThitecture and serverless computing technology. Blocklet is a high-level application protocol that can
be implemented with any platform or language. It leverages the full capacity of the native platform and
offers the same level of performance, rather than running on a low-performing virtual machine.
Blocklet does more than access blockchains. It connects to any existing data source, and performs
both on-chain and off-chain computing.
Our unique design aims to provide a high-performance, user-friendly, cost efficient, and protocol-
agnostic platform. We believe that AirCoin represents a major technological advance that wi...

AIRCOIN Roadmap

1
2018
Launch first decentralized apps built on Aircoin with selected clients. Launch Open Chain Access Protocol and reference implementations for major blockchains (Ethereum, Hyperledger, etc.).

2
2019
Public launch and popularization among the general public. First Developer Conference for Aircoin developers and partners. Launch the support and Blocklet Building Blocks for digital media, publishing, and knowledge sharing. Build the decentralized marketplace for Aircoin decentralized applications and their tokens.


3
2020
Public launch for IoT smart home and smart city application support. Contribute Open Chain Access Protocol and related technology to the open source community (through the Linux Foundation, Hyperledger Foundation, or a similar organization) to increase adoption and position Aircoin as the de facto standard of open chain access. Extend cloud computing support for the Aircoin platform, targeting support for all major cloud platforms including AWS, Windows Azure, Google Computing Engine, Aliyun, Tencent Yun, etc. Aircoin is aiming for a cloud platform-independent, universal, and decentralized application platform.




4
2021
Embrace the potential trend that blockchain protocols may be adopted at the OS (operating system) level by providing foundational OS-level support in the Aircoin Platform. Build the token ecosystem and a new operating system with Aircoin platform partners and developers for a truly decentralized, autonomous business environment. Aircoin becomes an open, foundational service of the new programmable society, supporting the DAO/DAC and their services/applications.
Fred Ehrsam
Fred Ehrsam CEO, Aircoin

Charlie Lee
Charlie Lee CHIEF SCIENTIST, Aircoin

Jihan Wu
Jihan Wu VP MARKETING , Aircoin

Simon Taylor
Simon Taylor LEGAL COUNCEL , Aircoin

Vinny Lingham
Advisors Vinny Lingham CEO at Civic

Christopher Heymann
Advisors Christopher Heymann Technology and token economist

Tiago Henriques
Advisors Tiago Henriques Cyberinsurance

James Worthington
Advisors James Worthington CEO of Belltane

Saswata Basu
Advisors Saswata Basu Serial Entrepreneur

Roger Lim
Advisors Roger Lim Founder , NEO GLOBAL CAPITAL

Christopher Heymann
Christopher Heymann
Technology and token economist
Technical
Technology and token economics
Fred Ehrsam
Fred Ehrsam
CEO, Aircoin
Co-founder of Coinbase
Co-founder of Coinbase
James Worthington
James Worthington
CEO of Belltane
Hyperledger Consultant
Jihan Wu
Jihan Wu
VP MARKETING , Aircoin
STRATEGY ADVISOR
CEO of Bitmain
Roger Lim
Roger Lim
Founder , NEO GLOBAL CAPITAL
HEAD OF INVESTOR RELATION
Blockchain and Cryptocurrency Investor
Co-Founder @ Webvisions Pte Ltd
Advisor
Neo Global Capital
Saswata Basu
Saswata Basu
Serial Entrepreneur
Tiago Henriques
Tiago Henriques
Cyberinsurance
Cybersecurity Advisor
Vinny Lingham
Vinny Lingham
CEO at Civic
Advisor/Investor
Co-founder & CEO Civic, Identity/KYC Advisor
Co-founder & CEO of Civic.com
Founder & CEO @Civic