Post
Topic
Board Tokens (Altcoins)
Re: Launching a Blockchain Solution to Make Aviation Safer
by
aeron
on 02/09/2017, 10:02:40 UTC
What will funds raised be used for? Thanks

Such  tokens  paid  for  writing  data  to  the  Aeron  Register  will  be  stored  in  a  special
rewards  smart  contract  on  the  Ethereum  blockchain.  These  aggregated  amounts  of
tokens will be paid out to the token holders, proportional to the ARN owned. The rewards
contract  will  generate  a  token  distribution  snapshot  every  month  and  distribute
rewards  according  to  the  snapshot.
Such snapshot  is  permanently  stored  in  the
blockchain, so anyone can verify th
at rewards were distributed correctly.