Proof of flight for mass urban aviation
“The decentralized mass urban ridesharing aviation system blockchain.aero will reduce or remove entry barriers for aircraft manufacturers and small infrastructure elements providers to the market worth 2 trillion USD worth of ﬂights per annum.”-Blockchain.aero
Blockchain.aero ICO information:
Platform: Ethereum & Wavrs
Token Launch Phase 1.1: on Waves
Supply: 300,000,000 McFly Tokens (First 500 ﬂying cars)
Start Date: 19 July
End Date: 31 August
Token Launch Phase 1.2: on Ethereum
Supply: 1,800,000,000 McFly Tokens (3 000 ﬂying cars)
Start Date: 19 September, 2017
End Date: 30 September, 2017
BLockchain.aero phase 1.2 is live. Ends:
Interview with Blockchain.aero
BitcoinChaser: What kind of problem, market deficiency or opportunity inspired you to launch your project?
Blockchain.aero: 2015 proved the technologies are ready for the electrical vertical take-oﬀ and landing aerial vehicles (eVTOL AAVs, or aka ﬂying cars) to be actually built. Throughout 2016 there have been news about several groups developing various designs. Uber Elevate conference in spring 2017 validated a plan for deploying urban grids of vertiports in Dallas, Dubai and Abu Dhabi by 2020. The ﬂying car is no longer a dream, but a plan. A plan for the 2 trillion dollar urban aviation market. This is how much we, as passengers, will pay for urban ﬂights. Or even more, especially, if the market is served by a few centralized players. (Do you feel conﬁdent when your taxi company oﬀers your 2x-3x surge rates?)
In anticipation of few large players experimental aircraft manufacturers feel the pressure of an expectation that their proﬁt margins will be squeezed by the large players — traﬃc organizers, the leasing companies and also the large aviation players. Altogether this will give us, passengers less choice of vehicles, which will be produced by fewer companies at higher costs, and which will be oﬀered to us at higher pay-per-use rates. This is the market deﬁciency at the moment.
The business objective of blockchain.aero is to give innovative aircraft manufacturing companies developing grid-enabled urban eVTOLs access to this ridesharing market directly, oﬀering ﬂights to passengers. Furthermore, blockchain.aero oﬀers key infrastructure components owners (parking, charging) lease their assets to the grid and get rewarded.
So therefore the opportunity for the blockchain.aero is to form the business support system (BSS) for the decentralized urban aviation markets all over the world and address the market deﬁciency, which will result in cheaper and more variety of ﬂights for us all.
BC: How will your project address this problem, market deficiency or opportunity in a unique way?
B.a: The technological objective of blockchain.aero is to oﬀer, as an extension to the BSS system, an operations support system (OSS) to manage the infrastructure and vehicles from manufacturing to maintenance and replacing. Much like blockchain technologies streamline database-related and transaction-related processes across the ﬁntech industry, other industries are actively adopting the technology, including the civil aviation (an initiative BC4A announced by Lufthansa, Accentuer and Intel is one notable example). For the urban aircraft in the mass ridesharing grid the blockchain technology allows 1) to securely record the ﬂights and usage of resource (much like blockchain-based odometer for cars) and 2) Manage the analysis, maintenance and service both for vehicles and the infrastructure elements.
The unique way and the beauty of the solution is that one integral OSS-BSS system is created for all cities, manufacturers, traﬃc organizers, passengers and entrepreneurs, in which the “ﬂight” manufacturing, delivery, ownership and usage is centrally contained in one McFLy token on the blockchain.aero.
BC: How do you think that competition will develop following your ICO?
B.a: The decentralized mass urban ridesharing aviation system blockchain.aero will reduce or remove entry barriers for aircraft manufacturers and small infrastructure elements providers to the market worth 2 trillion USD worth of ﬂights per annum. This will create unheard of opportunities, but also create the competition between them, much alike to how miners by oﬀering their processing powers compete on the bitcoin network for the right to sign blocks. This will ultimately result in better ﬂight for all of us.
Another level of competition is to be identiﬁed between the centralized large players who will be attempting to seize this market. For them decentralized system will be a rival on its own. However, it is only common sense to posit that a more enabling, while more competitive, environment of the decentralized system will only lead to better solutions oﬀered to us, passengers.
BC: For all those who have read your white paper and are still on the fence about contributing to your ICO, what can you tell them that could lead them to buy into your project?
B.a: Please, don’t invest, since we are not an investment project. We are a cause to strive for, to work on and to beneﬁt from the closer it gets to when mass urban ﬂights become a commonality.
The McFly tokens (1 McFly ~1 minute of ﬂight), which are being issued now at roughly up to 5 cents per token are only a very small fraction of the future total annual ﬂights. It is sponsored by the aircraft developer and manufacturer which committed to this technology and allocated up to 5% of its ﬁrst years production for the Token Launch. The aim is to establish early communities in key innovative target cities, and to attract early adopters, who will also, directly or indirectly, develop and maintain the blockchain technology so much needed by the vehicles, the infrastructure and the market as a whole.
If you are enthusiastic about getting free from gravity and traﬃc, then join our community and let us work for it and push for it together.