AIRian (AIR) Price

AIR is the utility and governance token of the AIRian ecosystem and can be used in RUNNER X and related ecosystem scenarios. Its role is not limited to being tradable: users can earn AIR through RUNNER X activities such as running or walking, or obtain it from external markets; once obtained, it can be used for ecosystem services or for governance voting related to AIR. Accordingly, AIR follows the logic of “obtain through activities or the market—use within the ecosystem or transfer out—participate in voting based on holdings.” Whether a particular service is available still depends on the actual support provided by the relevant AIRian product functionality.

AIR can be used for running activities and community features within the AIRian ecosystem, including paying for online or offline running events and marathon tickets, creating running-group rooms, and participating in community activities. The whitepaper also states that users may use AIR within the ecosystem or transfer it to external markets. These uses relate to service consumption and community participation; they do not mean that holding AIR automatically grants eligibility for a particular offline activity. When paying, creating, or participating, users must still meet the conditions set for that activity or service at the time.

Holding AIR enables participation in AIRian's stated governance voting. Voting matters include AIR-related activities, project progress, and feature development. The whitepaper links voting power to the amount of tokens held: holdings are the basis for calculating influence. This arrangement describes a governance participation method for expressing preferences on relevant matters; it is not equivalent to corporate equity, nor does it mean tokens are burned, exchanged, or automatically increased or decreased merely because of voting. Specific proposals, voting access, and execution rules are subject to the governance mechanism in effect at the time.

AIR has a total issuance of 1 billion tokens. This figure is the protocol's set maximum issuance, not the quantity that has entered the market and is freely tradable at a given point in time. The total supply is allocated as 10% to the team, 18% to partners, 4.5% to sales, 50% to the ecosystem, 14% to marketing, and 3.5% to reserves. Because each category has different TGE and subsequent release rules, assessing potential circulating supply also requires examining how much of each category has already unlocked, rather than inferring it solely from the 1 billion-token total.

The AIRian whitepaper lists July 16, 2024 (UTC) as the TGE and sets different initial release and vesting schedules for different categories. The team receives 10%, with no release at TGE and monthly releases of 0.5% after an 18-month cliff; partners receive 18%, with no release at TGE and quarterly releases of 0.75% after a 6-month cliff. Sales receives 4.5%, with 0.675% released at TGE, followed by quarterly releases of 0.675% and a 0.45% release in the final month; the ecosystem receives 50%, with 1% released at TGE and monthly releases of 0.7% after a 3-month cliff; marketing receives 14%, with 2% released at TGE and quarterly releases of 0.5% after a 3-month cliff; reserves receive 3.5%, with no release at TGE and monthly releases of 0.25% after a 12-month cliff. Here, a cliff means that the category is not released according to the subsequent schedule before the cliff period ends. Unused monthly Run & Earn allocations are transferred in the following month to the “ecosystem expansion, contribution, and ecosystem fund” category; the whitepaper explicitly states that this transfer does not change the overall vesting schedule. Therefore, it changes the subsequent destination of unused allocations within the ecosystem allocation, rather than creating additional tokens or changing the overall unlocking schedule in advance.

Changes in AIR supply should distinguish between total issuance, TGE releases, and subsequent vesting. Total issuance is fixed at 1 billion tokens; at TGE, only the sales, ecosystem, and marketing categories enter initial release at their respective proportions, while the other categories must first pass their respective cliff periods before releasing monthly or quarterly. Therefore, “allocated to a category” does not mean that the category's tokens are already in circulation. A vesting schedule describes the arrangement under which that category may be released at a predetermined pace; the actual tradable quantity is also affected by factors such as whether released tokens have been transferred by holders and whether they have entered channels that support trading, so real-time circulating supply cannot be derived directly from the allocation table alone.