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Althea
Documents
Form C
SEC.gov
First compliant security airdrop for everyone
Althea wants you to be a decentralized Internet Service Provider in your community
Althea is giving away 1M of its tokens in this first ever security airdrop campaign
The Althea token (ALTG) entitles holders to receive a portion of transaction fees from the Althea network, as well as the right to vote on important changes
Earn tokens by learning about the project or becoming your own ISP
Anyone in the world over 18 years old can participate
Your participation is technically an investment, but no USD payment is required
Ways to earn
Once you click participate and join the airdrop, you’ll be offered ways to earn your tokens: from simply learning about Althea, to setting up your own network!
About the project
Althea is building a faster, cheaper, decentralized internet
Althea is a system that lets routers pay each other for bandwidth. This allows people to set up decentralized ISPs in their communities. In an Althea network, instead of one ISP at the top collecting monthly payments, many different people can earn money by expanding and strengthening the network.
Faster
Althea is faster, because anybody in the community is able to expand and improve the network and get paid for investing in faster equipment.
Cheaper
Althea's price-aware routing protocol makes sure that traffic takes the cheapest path. Your router gets the best prices, second by second.
Decentralized
Althea networks are made up of nodes owned by the people who use them. Communities get faster, cheaper internet by cutting out the middleman.
How it works
Althea can be deployed in any environment
1.End users load up their device or wifi router with blockchain money to pay for internet access. | 2.A mesh of rooftop transmitters forward packets. They earn money and compete to provide service. | 3.Gateway nodes sell access to the internet, competing with other gateways in the area. |
Investors
Althea token model
- ALTG holders control the Althea blockchain, and receive 5%-10% of the revenue in the Althea system.
- ALTG holders must stake their ALTG tokens to receive this revenue.
- To stake their tokens, ALTG holders select a validator, which is a server which processes transactions on the blockchain.
- If a validator misbehaves or goes offline, the ALTG holders who have their tokens staked with this validator will lose a small portion of their tokens. It is the token holder’s responsibility to stake wisely.
- We cannot recommend specific validators, but once the chain has launched, you will be able to see a list of the active validators here: https://althea.zone
How to participate
Earn tokens and become an Althea organizer
Althea organizers set up and maintain Althea networks in their communities. They don’t get payments for bandwidth, these go to people hosting relay nodes on their houses. However, they do get a $10–$20 (these rates can be changed) fixed monthly payment from every router on their network. This money allows them to spend time helping people with technical issues that arise, and get more users onto the network.
We’ve set aside 33% percent of the total ALTG allocation to be granted to organizers, users, and people learning to become organizers. This granting process is part of that.
Ways to earn
Once you click participate and join the airdrop, you’ll be offered ways to earn your tokens: from simply learning about Althea, to setting up your own network!
Participate in the Althea
airdrop for free
The participation in this airdrop is an investment done via regulation crowdfunding
Deal terms
ALTG
$0.01 — $1.07M
0% of $0.01 minimum offering amount has been reached. Maximum offering amount is $1.07M.
Learn more
Token Purchase Agreement
The TPA (sometimes called Crowd Token Rights Agreement or CTRA) is not equity or a
token itself, but a contract that entitles you to tokens in the future.
Learn more
3 years
The amount of time Althea has to pay out your investment in tokens.
The count starts on July 29, 2019.
Learn more
Documents
Form C
SEC.gov
About Althea
Althea Team
Everyone helping build Althea, not limited to employees
Invest in the app
