AirJIT is designed so strangers can move a physical parcel without sending money as a blind peer-to-peer transfer. When a booking is confirmed, the shipper’s payment is held. It is released after delivery is confirmed. Settlement amounts are denominated in J1USD.
The hold-and-release loop
- Shipper and traveler (and Host, if used) agree the booking in the app.
- The shipper’s payment is locked against that shipment.
- Handoffs are photographed and statuses update as the trip progresses.
- The recipient confirms delivery — or a Host confirms a defined local step.
- Held J1USD is released: traveler earnings, optional Host share, and platform fees.
What you are paying for
- Traveler compensation for unused luggage kg on a trip they already take
- Optional Host handling, storage, or last-mile in a city corridor
- Optional doorstep pickup or drop-off when offered on the listing
- Platform fees that depend on route, weight, urgency, and services — not a single global rate card
Why J1USD, not JIT
JIT’s market price can move. Logistics invoices should not reprice mid-flight because a utility token moved. J1USD is AirJIT’s USD-referenced settlement token: a stable unit of account for holds, payouts, and fees. The March 2025 whitepaper described this dual-asset split (security versus settlement). Live product settlement uses J1USD with 6 decimals on BNB Smart Chain.
Disputes and incomplete trips
If a flight is cancelled, a parcel is refused at inspection, or delivery is contested, keep evidence in the in-app thread: photos, timestamps, and messages. Held funds are not released as a completed payout until the shipment reaches a confirmed or resolved state. See Disputes and safety for the process.
FAQ
- When is payment released?
- When delivery is confirmed in the app. Until then the shipper’s payment stays held.
- What currency is settlement in?
- J1USD on BNB Smart Chain. J1USD is USD-referenced; it is not a guaranteed $1 and AirJIT does not advertise public retail fiat redemption.
- Can I pay in JIT instead?
- Shipment commercial settlement is denominated in J1USD. JIT is used for Host deposits, staking, governance, and ecosystem markets — not as the invoice currency.