The first production grade application that Airthereum will be launching is the

The first production grade application that

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The first production-grade application that Airthereum will be launching is the “Fly” app. Fly enables members to book a private jet in the same fashion that they would hail an Uber. The experience aims to be frictionless and on demand.Fly will use a combination of proprietary technologies utilizing artificial intelligence, voice com - mands, blockchain, and advanced data ag - gregation to give members a dynamic user experience. Fly will run on Ethereum and issue a native membership token called “Fly”. The Airthereum team has decades of com - bined experience in the fields of aviation, product development, marketing, block - chain, licensing & compliance, and engi - neering scalable web apps.
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TARGET MARKETS: The aviation industry supports $2.7 trillion (3.5%) of the world’s GDP with over $664 billion in direct GDP benefits, and $t761 billion in indirect GDP impact. Private aviation generates over $219 billion in economic activity and supports 1.1 million jobs in the United States. (Forbes) Virtual currency markets are valued at over $200 billion. (CoinMarketCap) In Q1 of 2018, over 6.3 billion was invested in ICO token offerings. (Coindesk) The total virtual currency market cap is projected to grow to $3.6 trillion over the next 10 years. Airthereum’s Fly token aims to represent 1% of the total crypto market. (Satis Group) Charter activity is up on a world-wide basis according to multiple analytical industry reports. In the U.S charter has seen a 10% increase in the number of flights, and a 12.7% boost in flight hours, lifting the overall gain of business aviation activity by 3.9%. (Argus Business Aviation Review) Private aviation is an industry which generates revenues of over $20 billion per year and is forecasted to rise to more than $31.4 billion by 2025. Forecasts predict that 8,349-units will be delivered, representing $252 billion in revenues (based on 2017 pricing) realized by the year 2026. Global business aviation has more than 21,000 aircraft operating. This number will surpass the 28,000-
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