It all started in 2017 with the goal to revolutionize the business aviation, integrate new technologies and make daily processes smoother and much more efficient. AVINOC’s tokenization projects are designed to erase the line between the real world and cryptocurrencies, connecting them into a single functional, transparent and highly secure ecosystem.
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Current phase
In June 2022, AVINOC launched its very first real project – VOO. The world’s first digital marketplace to search, book, pay and manage your private jet charter flights on just one page.
In the fourth quarter of 2021, AVINOC was added to Uniswap’s liquidity pool where it can be swapped and traded. In early 2022, AVINOC was listed on Latoken and other exchanges such as P2PB2B, Bkex and Cointiger. In February 2022, the market capitalization was around USD 200 million.
In March 2020, all the ideas and visions from the 2018 white paper were analyzed and reviewed again. AVINOC’s first real project – the VOO marketplace – was launched. A European development team took on the task of bringing the revolutionary marketplace to life. The first lines of code were written – the starting signal for the business aviation revolution.
The team in Europe coordinates the overall development of VOO and handles all marketing and external communications.
Dubai sought innovative startups with original and feasible use cases that could contribute to Dubai’s goal of becoming the first blockchain-powered city by 2020. The 20 short-listed startups arrived in Dubai and participated in a pitching competition at the Future Blockchain Summit – world’s largest blockchain event. AVINOC was part of the summit and presented its revolutionary ideas at the Dubai World Trade Center.
Avinoc participated in Lufthansa’s “Changemaker Challenge” – first global competition for sustainable ideas in the aviation context in 2019. Lufthansa was looking for blockchain-based solutions that would sustainably improve the travel experience, optimize airline operations and solutions and rethink the maintenance and related aspects of the supply chain. The competition’s goal was to explore the potential of blockchain technology in the aviation context, highlight pioneering ideas and to initiate concrete pilot projects with the Lufthansa Group and SAP. The campaign had participants from 56 countries. A total of 312 ideas were submitted. AVINOC was selected as one of the three challenge finalists and has been collaborating with SAP and Lufthansa ever since.
In July 2018, AVINOC conducted a $1,500,000.00 AVINOC token airdrop to community members and launched an ingenious marketing campaign. AVINOC’s starting price at that time was $0.005.00.
The idea of AVINOC and first white paper draft was written in 2018. AVINOC’s first vision was to disrupt the entire aviation industry and implement blockchain technology for the first time. The four partners, aviation professionals, blockchain specialists and business experts, had the vision at the time to create a consistent, integrated and permission-free underlying data layer for decentralized, transparent and worldwide business flights coordination within general aviation to achieve optimal utilization and significantly reduce costs.
