The AirPod economy is based on its own crypto-currency called the APOD token. Its primary function is to be used as a payment method to rent AirPod services.
A discount will apply for customers using APOD tokens to rent an AirPod instead of usage of FIAT currencies.
WHY WILL APOD TOKEN GAIN IN VALUE?
The main driver of potential APOD token value increase lays in our technical execution after receiving FIAT payment for the AirPod service:
We are splitting the received FIAT (payment for rent) by using 50% of the value for our company costs and the remaining 50% for buying Tokens at the lowest market price and placing them back as sell orders on Exchange in the equivalent value of $2.
While the number of distributed AirPods and users grow, the frequency of Tokens we buy from the Exchange grows. As a result, the value of the APOD token will automatically increase over time. This simply means that the more AirPods are installed and the more users are generated, the frequency of Token buyback from the exchange and placing them back at a higher price, will increase the price of APOD Token.