Hello AirToken Commity, Outstanding SEC staff comments on Airfox’s Form 10 continue to be addressed. As a result, and after discussions with the SEC staff, the claims process will not begin on May 15 as previously expected. This is a dynamic process and, as with anything new, set timelines sometimes shift. Thus, the anticipated opening of the claim period pursuant to our Form 10 registration statement is not expected to begin until June 28, 2019. Using a variety of methods of communications, including Telegram and Twitter, we will keep you apprised as new developments unfold. Thank you for your patience as we continue to work through this process. airfox.com/tokensett
To reach the next step of providing options for the un(under)banked, Airfox is planning on expanding its digital banking platform with the addition of a peer-to-peer (P2P) lending feature. medium.com/@Airfox/bringing-humanity-back-to-banking-airfox-planning-to-launch-peer-to-peer-lending-function-3ad334a7cc8a
Airfox is honored to receive an honorable mention in the Developing World Technology category for the @FastCompany 2019 #WorldChangingIdeasAwards medium.com/@Airfox/airfox-named-a-world-changing-ideas-award-honoree-by-fast-company-758c7b1da93a … #FCWorldChangingIdeas
We are honored to announce that we expect to file Form 10 with the SEC by March 16, which may ultimately make AirToken one of the first registered tokens in the United States under the Securities Exchange Act of 1934. Filing a Form 10 and registering AirToken with the SEC will mark a big step in Airfox’s evolution. As an update on the process: After we file (on or before March 16), the SEC has up to 60 days to review and make comments. The Form 10 automatically becomes effective within 60 days after the filing. Once the Form 10 is effective, Airfox can post the final Claim Form and the claims period will then open (for more information, please see the complete SEC order at www.sec.gov/litigation/admin/2018/33-10575.pdf). Airfox extends sincere thanks to all who continue to support our mission and the ambitious goal of creating a more democratic financial ecosystem. We hold a deep sense of responsibility to remunerate AirToken holders for supporting our vision of a truly open, safe, and fair financial system for all. Airfox ultimately aims to share with AirToken holders 20% of the profits the company generates from its peer-to-peer lending platform, which remains in development. More to come! We will continue to update you via Telegram, Medium, and Twitter.
We were recently featured on BadCredit.org, here's what they had to say! "Access to financial products and services can be limited and costly in emerging markets. That’s why is leveraging mobile technology to expand the financial options of those underbanked populations — starting with Brazil. Read more: bit.ly/2NAu0B2"
Airfox has received a 30-day extension on the Form 10 filing from the SEC. The new deadline is March 16, 2019. For more information, please read: medium.com/@Airfox/a-message-from-airfox-on-form-10-security-filing-b06f6de44a9
Airfox CEO @DSantos_Victor earns @techreview 'Innovators Under 35 Latin America' award for revolutionizing #financial inclusion through #blockchain, #crypto, and #datascience www.innovatorsunder35.com/the-list/victor-santos/
#2019 is almost here - and it’s that time of year that we start preparing for our New Year’s Resolutions. This year, at @Airfox, our resolution is to help all our customers believe in their potential and to help them prove that everyone deserves a chance. #financialinclusion t.co/rqJKDe4ZUQ
Airfox is designing more affordable financial services, starting with Brazil. We have a new commercial we'd like you to see! #financialinclusion #fintech #brasil twitter.com/_Airfox/status/1067091545587937280
Members of the Airfox team are in Brazil training the Casas Bahia store employees how the @AirfoxApp makes managing monthly payments easier and faster! t.co/aNcRpwbeq3/
Airfox reached a settlement with the SEC andreleased an updated white paper. As part of the settlement, Airfox will pursue registration of AirToken under Section 12(g) of the Securities Exchange Act of 1934. As part of this settlement, we are offering a chance for rescission at USD ICO price to a sub-set of token holders who bought directly from us during the ICO. Given the nature of the settlement and to facilitate a fair claims process, AirToken transfers are temporarily paused until we finalize the claims process. Additionally, I’m very excited to introduce new uses for AirToken throughout the Airfox ecosystem, as detailed in the updated white paper. We plan to facilitate closer communication with token holders by forming an advisory council voted and appointed by community through quarterly updates from me and other team members. More details to come in early January. Thank you for your continuous support, and I hope you continue to support us as we build the next generation of financial technology services on the blockchain. airfox.com/uploads/Airfox-white-paper-version-2-Nov-2018.pdf