AI

AIR

AirToken

As of 15 Jul 2026, this review classifies AirToken as explicitly ceased; the displayed clock measures since the issuer's filed AirToken project discontinuation. Overall confidence is high.

Explicitly ceased

Carrier EQ filed that it ended the AirToken project in June 2021; its locked contract and exchange markets had already stopped in November 2018.

Cessation clock

1,841complete dayssince the issuer's filed AirToken project discontinuation · through 15 Jul 2026
AssessmentExplicitly ceased

Cessation supported by a primary source

Clock interval1,841 days

Source gives a date, so a range is preserved

Overall confidencehigh

Minimum of identity, timestamp and coverage

Policy2026-07-15.1

Reviewed as of 15 Jul 2026

Concise conclusion

Carrier EQ filed that it ended the AirToken project in June 2021; its locked contract and exchange markets had already stopped in November 2018.

“Ghosted” is editorial shorthand only. The formal assessment is explicitly ceased, scoped to the channels and dates shown below.

01

Lifecycle dossier

Reviewed 15 Jul 2026, 13:31:02 UTC · schema 1.0.0

Issuer-authored SEC filings establish the AirToken sale, contract lock, loss of every established trading market and the final decision to end the token project. The Airfox company and its banQi fintech work continued after AIR stopped, so corporate continuity is separated from token-project continuity.

01

Chronology

Oldest to newest · every event has a direct source

  1. date
    funding

    AirToken ICO completed

    The SEC found that AirFox completed the ICO on 5 October 2017, raising approximately $15 million by selling about 1.06 billion AIR to more than 2,500 investors.

    U.S. SEC order
  2. timestamp
    launch

    AIR token distribution scheduled

    AirFox's official sale-completion post scheduled minting and distribution for 10 October 2017 at 16:00 UTC and named HitBTC and EtherDelta as immediate trading venues.

    Official Airfox token-sale post
  3. date
    product

    AirToken dApp launched publicly

    AirFox announced the public AirToken dApp with AIR transfers, mobile top-ups and remittances; this is first-party evidence that limited token functionality existed before the later lock.

    Official Airfox product post
  4. date
    legal

    AIR smart contract locked

    CarrierEQ's amended Form 10 says the AirToken smart contract was locked concurrently with the SEC settlement order, preventing AIR transfers on Ethereum.

    Issuer amended Form 10
  5. date
    listing

    Exchange trading ended

    The issuer reported that exchange trades continued for several days after the lock until AIR was delisted, with the final closing price observed on 26 November 2018. The filing does not name a venue-by-venue effective time.

    Issuer amended Form 10
  6. date
    migration

    Carrier EQ acquired by Via Varejo affiliate

    An issuer-filed 8-K records the May 2020 transaction that left Via Varejo's affiliate owning Carrier EQ; the surviving company continued fintech work separate from AIR.

    Issuer Form 8-K
  7. date
    cessation

    Issuer ended the AirToken project

    Carrier EQ filed that its sole member determined to discontinue AIR development and end the AirToken project; the filing says the prior market no longer existed and full functionality had never been achieved.

    Issuer Form 8-K
02

Delisting audit

Venue-specific states; never a proxy for team activity

Venue / assetStateDatesEvidence and limitation
HitBTC, EtherDelta and other then-trading venuesAIRhistorical26 Nov 2018, 00:00:00 UTCAnnounced 16 Nov 2018, 00:00:00 UTCIssuer amended Form 10The issuer says trades continued for several days after the lock until AIR was delisted and gives 26 November as the last close; it does not supply pair-by-pair venue notices or times.
03

Social-channel audit

Ownership, last signal and coverage are assessed separately

02

Strongest supporting evidence

4 cited facts
01

The SEC found that AirFox completed its ICO on 5 October 2017, selling about 1.06 billion AIR to more than 2,500 investors for approximately $15 million.

02

Carrier EQ's amended Form 10 records that AIR transfers were locked on 16 November 2018 and that exchange trading continued only until the tokens were delisted, with the final close on 26 November.

03

On 30 June 2021, Carrier EQ filed that it had decided to discontinue AirToken development and end the project because AIR was not transferable and its prior market no longer existed.

04

AirFox publicly launched an AIR-enabled dApp in April 2018, establishing that the token had limited product utility before the later lock and discontinuation.

03

Strongest counterevidence

Leading hypothesis attacked
C1

Carrier EQ itself continued after a Via Varejo affiliate acquired it in May 2020; that surviving corporate fintech business is not evidence that AIR remained usable.

C2

Airfox published about its banQi fintech work in January 2021, but the post does not describe AIR development, transferability or a restored token market.

C3

The AIR contract and balances remain queryable on Ethereum, but an extant ledger record does not overcome the issuer's filing that transfers were locked and the project ended.

04

Channel ledger

Separate clocks; separate failure modes
ChannelStatusLast verified activityEvidence
Regulatory disclosureCarrier EQ AirToken project filingceased30 Jun 20211,840–1,841 complete daysOpen source ↗The issuer explicitly ended development and the token project in a signed SEC filing.
ContractAIR ERC-20 transferabilityceased16 Nov 20182,797–2,798 complete daysOpen source ↗The issuer states that the smart contract was locked on the settlement date and AIR could no longer transfer.
MarketFormer AIR exchange marketceased26 Nov 20182,787–2,788 complete daysOpen source ↗The issuer identifies this as the last closing date before all established trading markets were gone; individual venue times remain unresolved.
CodeAirFoxOfficial/AirTokenContract default branchsilent13 Sept 20173,227 complete daysOpen source ↗Latest visible native commit in the official token-contract repository; later non-token corporate code is outside this channel.

05

Alternative explanations

  • A1The issuer could theoretically revisit AIR if a new legal regime allowed transferability, but its filed 2021 decision ended the existing project.
  • A2Airfox and banQi corporate work can continue independently of the discontinued token.

06

Unresolved unknowns

  • U1The issuer filing does not identify exact exchange-by-exchange AIR delisting notices and effective times.
  • U2The final team-authored Telegram, Reddit and X messages have not been established from complete native exports.
  • U3The final disposition of every rescission claim and token-holder remedy is outside the recovered public record.

Highest-value next checks

What would most reduce uncertainty?

  1. Recover HitBTC, EtherDelta and any other venue-specific delisting notices to replace the bounded issuer-reported market endpoint.
  2. Verify the contract's lock state against archived bytecode and any later control transactions, without treating holder balance queries as project activity.
  3. Monitor the SEC issuer record for any later deregistration, claims or AirToken-specific remedial filing.