Market Cap: $1 613 224 898 870 (2.68%)
  • Volume 24h: $102 671 773 465 (6.36%)
  • Market Cap Change 24h: 2.68%
  • BTC dominance: 44.71%

Aeron ARN

Decentralized aviation record system

Aeron is a decentralized aviation record system that aims to ensure excellence and integrity among operators and pilots, thus providing safety to air travel.

Industry: Travel Token Blockchain: Ethereum CMC Rank: 2330 Team Location: Russia
  • USD: $0.00059
    1h: 0.28% 24h: 2.59% 7d: 21.41%
  • BTC: 0.000000019 BTC
  • ETH: 0.00000032 ETH
All Time High: $9.26 4 years ago
Current price is -100 % from ATH
  • Cap: $178 911
  • Vol 24h: $298.0 (0.17 %)
  • Circulating: 299 240 555 ARN (100.0 %)
  • Total: 299 240 555 ARN

Aeron ICO stats:

ICO dates: 19 Sep, 2017 - 30 Oct, 2017 (4 years ago)
ICO platform: Ethereum
ICO price: $0.50 USD | 0.0018 ETH

ROI since ICO:

x0.00 in USD x0.00 in ETH x0.00 in BTC

Peak ROI in USD: x18.52

Aeron Price Chart

About Aeron

According to its whitepaper, Aeron aims to be the new standard of aviation safety powered by the blockchain. Maintained by a group of aviation professionals, Aeron wants to reduce air transport-related accidents, which it says currently numbers around 3302 per year. One of the major causes of such accidents is the lack of real experience among pilots, since unsecured flight log data from them is susceptible to fraud and forgery. Also, due to "pay to fly" experiences, corrupt flight schools, negligence of aircraft operators, the primary data driving any decision is affected.

Aeron is built upon a robust and cryptographically secure database that makes it unique compared to other online travel companies, travel search services or internal applications made for flight officials. With this technology, falsification of data can be kept at a minimum. Additionally, as you would expect from a blockchain-backed application, key information is safely stored and is accessible to everyone with 100% transparency. Except that it now comes secured by a multi-sig authentication system that prevents any type of security breach. According to Aeron's Whitepaper, "The pilot’s application is used by a pilot for personal flight logging. The company application collects and verifies data from aircraft operators, maintenance organizations, flight schools and fixed base operators".

Aeron (ARN) is an ERC20 compliant Ethereum based token, with a fixed supply of 20,000,000 ARN. When the token was launched, a fixed amount of tokens were created and after which no more tokens are to be minted. About 60% of the supply is estimated to be in circulation. The supply should decrease over time when ARN tokens as taken out of circulation. Once Aeron receives ARN tokens in exchange of services, the coins will be again released in to the network.

According to its whitepaper, Aeron plans to have a user base of 300000 by the end of 2020. This would encourage it to embed new features on its platform.
With the help of multi-app functionality and block technology, the company envisions to have an “airline in the pocket” of sorts within two years. While its price has fluctuated like most other cryptocurrencies, it delivered more than 15x returns within a short period between November 2017 to January 2018. As of July 2018, the price is nearly back to its November levels, at $0.57.

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Twitter Stats
  • Followers: 27,304
  • Lists: 191
  • Favourites: 8
  • Update Frequency: 0.1 statuses/day
  • Created: 5 years ago
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