Avinoc
What is AVINOC about
AVINOC is a consistent, integrated and permission less base data layer for decentralized, transparent and worldwide coordination of business flights within the general aviation, to achieve optimal utilization and reduce costs significantly.
The value proposition
General Aviation (GA) covers the worldwide civil transportation of persons and cargo with airplanes or helicopters outside of the scope of regular charter and airline business. It can further be divided into the Business Aviation branch (BizAv, corporate and executive aviation business) as well as the Private Aviation branch (private flying and clubs).
Managing all the traffic in GA requires intermediaries (like brokers or platforms) functioning as a kind of communication interface between customers and operators. Such systems tend to be highly complex, laborious, time consuming and finally expensive. Direct bookings and communication between customers and operators are basically impossible.
AVINOC is a blockchain solution, that provides a basic layer for flight related data to address the main challenges and problems in GA. Every user involved in AVINOC possesses a local copy of all relevant data. This creates new opportunities for global, direct, permission less and fast communication between participants involved in the complex aviation business. AVINOC makes all necessary information of availability of staff and equipment visible in a decentralized manner. Efforts for communication and coordination can be reduced to a minimum or, in most cases, they can be totally eliminated
Token distribution & distribution of funds
Team members
Robert Galovic Partner | Product Development & RE
Karl-Heinz Mali Partner | Aviation, Middle East & India
Rene Inkret Partner | Aviation Logistics & Planning
Gernot Winter Partner | Finance, Investments & Legal
Strengths
- Large and highly skilled team with prior experience in the aviation industry
- Hard cap seems realistic and highly attractive for investors
- Roadmap seems realistic and achievable considering the team size and goal for funding
- Vast network of relevant partners acquired
- Extensive and proven history of managing organization
Potential concerns
- All team members can’t be verified easily through LinkedIn
- Token model and how the token works is quite complex and could be too hard to understand for a common investor
