Volavia Hero Image

Private Travel.
An industry ripe for reinvention.

When you fly on a commercial airline, your booking is handled by large scale centralised industry platforms which benefit from the transaction security of clearing houses. Private aviation, an industry with revenues of over $20bn and forecast to rise to more than $33bn, lacks such centralised platforms, instead relying on vulnerable and unsecured methods of operation.

According to Richard Mumford, Chairman of BACA (Baltic Air Charter Association), the industry is facing numerous challenges: transaction management; payment restrictions; foreign exchange; cybercrime; intercepted payments; and customer privacy. He says:

“We were investigating the creation of a centralised industry clearing house for transactional security. Instead, Volavia solves key industry problems with a dedicated decentralised blockchain platform.”

The meta-trends impacting private aviation today...

Cybercrime and Security

Cybercrime &
 Security

Cyber attacks occur on daily basis and cost the industry millions. Contractual and payment chains are vulnerable to hackers using stolen financial information or looking to intercept transactions and redirect funds.

FX & Payment Fragmentation

FX & Payment
Fragmentation

Inflexible payment methods; exchange rate fluctuation; expensive, slow banking systems; and lags between booking and payment, erode margins, result in lost journeys and frustrate customers and operators.

Privacy &  Confidentiality

Privacy &
 Confidentiality

Systems including CRM, invoicing software and email clients are highly vulnerable and attractive to hackers. Data breaches compromise customer confidentiality, damage reputation and can destroy a business.

The Volavia Project

Volavia will make private travel payments and itinerary management more accessible, safe and convenient than ever before.

Secure. Self-contained. Seamless.

Volavia will not compete with existing search, availability and booking service providers. Instead, we will bring these systems together on a decentralised and fully integrated platform.

Volavia consolidates banking, contracts and communications, many of which are currently unsecure and unvulnerable, putting to an end having to access multiple applications in order to fulfil a transaction. Blockchain, by its very nature, removes the attack surface hackers rely on, mitigating risk and optimising efficiency.

Smart. Simple. Stable.

Volavia integrates fiat and cryptocurrencies, making the process of trading tokens into fiat currencies and transferring capital quick and simple. Bank clearing houses are removed from the payment chain through peer to peer blockchain transactions, eliminating bank delays, credit card fees and FX exposure. The ability to send payments instantly and 24/7 which cannot be revoked, tackles the issue of fake payments and diverted funds.

Transparent. Immutable. Safe.

Volavia Smart Contracts capture bookings, itinerary and payment details on-chain. This provides protection and transparency to all parties, removing the risk of manipulation, bias, or error. This saves time, eliminates gaps in communications and negates having to process documents manually from the ground up each time.

The customer app environment handles all transactions and itineraries in one ecosystem, ensuring privacy and confidentilaity are never comprimised.

Private Aviation is a highly valuable market sector worth over $20bn today and forecast to rise to more than $33bn by the end of 2020.
Cybercrime and Security

Private jet sales are flying high

Sales of executive jets are currently running at around $23B p.a. There are in excell of 21,000 aircraft operating globally with, net of retirements, an increase of 33% over the next 10 years.

FX & Payment Fragmentation

Private jet use is increasing

A growth in leisure and corporate use has expanded the customer base to include C-level executives, High Net Worth families, celebrities and sportstars among others.

Privacy & Confidentiality

The digitalisation opportunity

A number of existing providers are using technology to offer availability, search and easier booking - attracting significant investment. But, the need for a foundational enabling layer remains.

Privacy & Confidentiality

Brokers have a crucial role to play

A total to £3bn of charter goes through brokerages. This doesn’t include the leasing market, or fractional ownership plans like NetJets, FlexJet and VistaJet.

Cybercrime and Security

Private jet sales are flying high

Sales of executive jets are currently running at around $23B p.a. There are in excell of 21,000 aircraft operating globally with, net of retirements, an increase of 33% over the next 10 years.

FX & Payment Fragmentation

Private jet use is increasing

A growth in leisure and corporate use has expanded the customer base to include C-level executives, High Net Worth families, celebrities and sportstars among others.

Privacy & Confidentiality

The digitalisation opportunity

A number of existing providers are using technology to offer availability, search and easier booking - attracting significant investment. But, the need for a foundational enabling layer remains.

Privacy & Confidentiality

Brokers have a crucial role to play

A total to £3bn of charter goes through brokerages. This doesn’t include the leasing market, or fractional ownership plans like NetJets, FlexJet and VistaJet.

Volavia Tokens

VOL and AERU tokens underpin the platform. AERU will not be listed or traded on outside exchanges – it’s purely for industry transactions. The Fiat Gateway exists to allow users to trade in and out of fiat and AERU.

Why we have chosen a two token ecosystem:

If we had only one utility token for contributors and transactions, the token’s value would be diluted every time more tokens were minted.

AERU will be Volavia’s transactional token:

It will be stabilised using an SDR (Special Drawing Rights) basket of currencies and automated reserves and rebalancing algorithms.

“$1m dollars bought in AERU today will still be worth close to $1m in the future”.

VOL will be the contribution token:

Contributors will purchase VOL tokens and will become true stakeholders – contributors, brokers and operators, staff.

VOL token supply will remain scarce and will not be diluted as millions and billions of AERU are minted as the industry grows to serve their transactional purpose.

Staking Rewards mean VOL token holders are rewarded for holding an active ‘stake’ in running the ‘consensus’ protocol for the Volavia network. This encourages the policing of the platform and penalises holders who don’t. Effectively contributors earn their rewards for doing work, rather than merely being a share token holder.

Revenue introduction network rewards will reward VOL holders who introduce people who transact within the ecosystem. The proportion of rewards for staking and introductions will depend on size and age of holding.

Volavia Token Sale

The Volavia Token Sale will have three phases. Discounts are available and the VOL Token value is fixed at USD $0.25.
Supply600,000,000 VOL Tokens
VOL Token Price1 VOL = USD $0.25
Accepted CurrenciesETH (for Fiat please contact us)
Minimum PurchaseUSD $50 ,000
Token Standard:Ethereum ERC-20
RestrictionsUnited States of America, People's Republic of China (except for Hong Kong, Macau and Taiwan), South Korea, Cuba, Iran, North Korea, Syria, Crimea Region
Phase 1:Pre-sale – Limited HNW, Institutional & Funds80% Discount
Target:USD $10,000,000
Phase 2:Public Sale – Limited HNW50% Discount
Target:USD $10,000,000
Phase 3:Main Crowdsale0% Discount
Target:USD $11,000,000.

Distribution of VOL

Use of proceeds

Distribution of VOL

Use of proceeds

Roadmap

These are the milestones that we are looking forward to achieving.

Team & Advisors

1
Graham York

Graham York

Founder

Graham's technical expertise has rebuilt global airline infrastructure and led application development and cloud architecture across many sectors.

https://www.linkedin.com/in/grahamyork/
Neil Cochrane

Neil Cochrane

Founder

Neil is chairman of 51 North Group and has owned managed and subsequently sold three airlines and several corporate jet companies.

https://www.linkedin.com/in/neil-cochrane-47731695/
Mark Green

Mark Green

Founder

Mark leads Volanteus Private Jets. A respected member of the aviation community he is particularly familiar with the Russian market.

https://www.linkedin.com/in/mark-green-91a28a3a/
Richard Edwards

Richard Edwards

Investor & Partner Relations

Passionate about the models made possible by Blockchain, Richard has worked across both corporate and entrepreneurial sectors.

https://www.linkedin.com/in/richardedwards1970/
Paul Atherton

Paul Atherton

Regulatory Advisor

Paul is the former CEO and CFO of Heritage Oil which had a premium listing on the Main Board of the London Stock Exchange and was a member of the FTSE 250 until being acquired for US$1.6 billion in 2014.

https://www.linkedin.com/in/paul-atherton-032118162/
Richard Mumford

Richard Mumford

Charter Industry Advisor

Richard is Chairman of BACA – The Baltic Air Charter Association and named as one of the Top Ten Business Aviation Leaders in Europe by Aviation Week.

https://www.linkedin.com/in/richard-mumford-65837a1b/
Steve Schofield

Steve Schofield

Technical Advisor

Steve is founder of Beach, a product development and software consultancy specialising in creating beautiful user experiences over complex technologies, including blockchain. An investor and shareholder in startups from the cryptocurrency, blockchain and digital health industries.

https://www.linkedin.com/in/r3trosteve/
Rashid Hoosenally

Rashid Hoosenally

FX & Economic Advisor

Rashid is an advisor to and investor in disruptive startups. He was a Managing Director in the Investment Bank at Deutsche Bank, working with multinational businesses in over 40 countries.

https://www.linkedin.com/in/rashid-hoosenally-0867942/
Hermione Way

Hermione Way

PR Advisor

Hermione's digital marketing for the technology industry has helped brands raise their profile gaining coverage on BBC World News, NY Times, WSJ, Fortune, TechCrunch and Wired to name just a few.

https://www.linkedin.com/in/hermioneway/
Michael Terpin

Michael Terpin

Advisor

Michael runs Transform Group, the world leader in blockchain and ICO PR and advisory services, and CoinAgenda, the leading conference series connecting mainstream investors with blockchain and cryptocurrency investments.

https://www.linkedin.com/in/michaelterpin/
Irfon Watkins

Irfon Watkins

ICO Advisor

Founder and CEO of DOVU – the cryptocurrency for the mobility ecosystem. Irfon has a strong background in starting and growing businesses at global scale.

https://www.linkedin.com/in/irfonwatkins/
Krasina Mileva

Krasina Mileva

Legal Advisor

With over 11 years of legal experience, Krasina is COO and Founder of DOVU and advises on all aspects of Blockchain, Smart Contracts and Cryptocurrencies.

https://www.linkedin.com/in/krasina-mileva-331b1648/
Angus Bankes

Angus Bankes

Advisor

Angus is a well-known UK tech entrepreneur, previously founder of Moreover and, more recently, closely involved with the success of Skimlinks. Angus has been an early mover into blockchain and is working alongside SeedCloud on a number of projects.

https://www.linkedin.com/in/angusbankes/
Graham York

Graham York

Founder

Graham's technical expertise has rebuilt global airline infrastructure and led application development and cloud architecture across many sectors.

https://www.linkedin.com/in/grahamyork/
Neil Cochrane

Neil Cochrane

Founder

Neil is chairman of 51 North Group and has owned managed and subsequently sold three airlines and several corporate jet companies.

https://www.linkedin.com/in/neil-cochrane-47731695/
Mark Green

Mark Green

Founder

Mark leads Volanteus Private Jets. A respected member of the aviation community he is particularly familiar with the Russian market.

https://www.linkedin.com/in/mark-green-91a28a3a/
Richard Edwards

Richard Edwards

Investor & Partner Relations

Passionate about the models made possible by Blockchain, Richard has worked across both corporate and entrepreneurial sectors.

https://www.linkedin.com/in/richardedwards1970/
Peter Atherton

Paul Atherton

Regulatory Advisor

Paul is the former CEO and CFO of Heritage Oil which had a premium listing on the Main Board of the London Stock Exchange and was a member of the FTSE 250 until being acquired for US$1.6 billion in 2014.

https://www.linkedin.com/in/paul-atherton-032118162/
Richard Mumford

Richard Mumford

Charter Industry Advisor

Richard is Chairman of BACA – The Baltic Air Charter Association and named as one of the Top Ten Business Aviation Leaders in Europe by Aviation Week.

https://www.linkedin.com/in/richard-mumford-65837a1b/
Steve Schofield

Steve Schofield

Technical Advisor

Steve is founder of Beach, a product development and software consultancy specialising in creating beautiful user experiences over complex technologies, including blockchain. An investor and shareholder in startups from the cryptocurrency, blockchain and digital health industries.

https://www.linkedin.com/in/r3trosteve/
Rashid Hoosenally

Rashid Hoosenally

FX & Economic Advisor

Rashid is an advisor to and investor in disruptive startups. He was a Managing Director in the Investment Bank at Deutsche Bank, working with multinational businesses in over 40 countries.

https://www.linkedin.com/in/rashid-hoosenally-0867942/
Hermione Way

Hermione Way

PR Advisor

Hermione's digital marketing for the technology industry has helped brands raise their profile gaining coverage on BBC World News, NY Times, WSJ, Fortune, TechCrunch and Wired to name just a few.

https://www.linkedin.com/in/hermioneway/
Michael Terpin

Michael Terpin

Advisor

Michael runs Transform Group, the world leader in blockchain and ICO PR and advisory services, and CoinAgenda, the leading conference series connecting mainstream investors with blockchain and cryptocurrency investments.

https://www.linkedin.com/in/michaelterpin/
Irfon Watkins

Irfon Watkins

ICO Advisor

Founder and CEO of DOVU – the cryptocurrency for the mobility ecosystem. Irfon has a strong background in starting and growing businesses at global scale.

https://www.linkedin.com/in/irfonwatkins/
Krasina Mileva

Krasina Mileva

Legal Advisor

With over 11 years of legal experience, Krasina is COO and Founder of DOVU and advises on all aspects of Blockchain, Smart Contracts and Cryptocurrencies.

https://www.linkedin.com/in/krasina-mileva-331b1648/
Angus Bankes

Angus Bankes

Advisor

Angus is a well-known UK tech entrepreneur, previously founder of Moreover and, more recently, closely involved with the success of Skimlinks. Angus has been an early mover into blockchain and is working alongside SeedCloud on a number of projects.

https://www.linkedin.com/in/angusbankes/