Gairika Mitra
AIRian, a pioneering Web3-based community project, announced Tuesday the details of the initial listing for $AIR, its governance token, on Gate.io, GOPAX, and Ape Terminal. The AIR token runs on the Ethereum blockchain and has a total supply of 1,000,000,000. Currently, the project’s valuation is $60,000,000 with an initial market cap of $2,205,000.
Gate Startup, Gate.io’s token launch platform, shared the listing announcement and the mechanics for a $2,000 giveaway on X. “#Gateio New Listing Celebration: $AIR share up to $2,000 Giveaway! 1️. Follow @Gateio_Startup & @air_airofficial. 2. RT, Tag 3 friends. 3. Fill in the form: https://gate.io/questionnaire/4756 ⏳End at 09:00am, Jul 19th (UTC),” the account tweeted.
Ape Terminal’s website displays the token’s metrics, indicating that half of the allocation is designated for the AIR ecosystem.
The AIR token’s utilities include governance, rewards, staking, payments, and DeFi properties. It also functions as a utility on Runner X, AIRian’s innovative running app, allowing the community to earn tokens by walking or running. Tokens earned can be used within the AIRian ecosystem to pay for tickets to a variety of online and offline running events and marathons.
AIRian’s existing user database of 450,000 from running and marathon events will migrate to Runner X, where ticketing for all events will utilize $AIR. The app has already surpassed 120,000 downloads, with over 50,000 monthly active users.
One of the key features of AIRian is it has official support and backing from Shiba Inu (SHIB). With an extensive reach in South Korea, AIRian has been growing its global presence through Web3 initiatives in fitness and wellness.
AIRian has onboarded over 20 running and marathon IPs onto Web3, including one of the top 7 marathons in the world, provided by its main partner, the Dong-A Group, a media conglomerate in South Korea.
AIRian has also partnered with world-class communities, projects, and advisors, including Shiba Inu’s project lead Shytoshi Kusama, Io.net, Mantle, Astar, Hedera, Yield Guild Games (YGG), and Sandbox.
The project recently teamed up with SHIB for an exclusive airdrop event to reward $LEASH holders.
As the world’s largest Web3 running community, AIRian empowers users in running, joining marathon events and running crews, and helping them diversify their running journeys. AIRian is strategically positioning itself to benefit from the growing momentum of artificial intelligence (AI) and Decentralized Physical Infrastructure Networks (DePIN).
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Gairika holds positions in BTC. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
