What is AVINOC?
AVINOC is an acronym for Aviation Network Operation Center. AVINOC was created as a blockchain-based tool for the travel and aviation sectors. To support information exchange for general aviation, the network offers a decentralized and permissionless database layer.
AVINOC introduced a project called VOO, which creates a digital marketplace for business aviation. The marketplace is intended to facilitate all types of aviation-related transactions and information exchange. All participants, including passengers, airlines, business aviation (BizAv) operators, and all other suppliers, can use the platform. Besides that, AVINOC enables services such as booking flights and managing all processes within or between organizations.
Overall, AVINOC automates and streamlines the process of information sharing and transactions. It makes the processes less time-consuming and complex.
AVINOC token is the native token of the protocol. It acts as a fuel that powers the AVINOC blockchain solution. The token follows the ERC-20 token standard. You can check the AVINOC price on its chart above.
Use Cases of AVINOC
AVINOC token allows users to participate and move around the aviation universe smoothly. It enables users to gain access to various products and services within the ecosystem.
Furthermore, the AVINOC coin enables participants on the AVINOC network to create value and assets and share them with the aviation universe.
Besides that, AVINOC crypto assets are also used to facilitate transactions within the aviation universe. Overall, it supports all other operations on the AVINOC blockchain solution. The token is the backbone of the entire AVINOC ecosystem.
You can find information about the AVINOC price on the live chart above. The information includes the history of the token price as well as the up-to-date AVINOC price.
Who Founded AVINOC?
AVINOC started as a business cloud and enterprise resource planning software for businesses in aviation in 2008. However, the project's development team decided to switch the project's service model to the blockchain platform in 2017, marking the birth of the blockchain-based AVINOC protocol. The team released the token’s whitepaper on May 1, 2018.
Gernot Winter is one of the AVINOC founders. Gernot is an experienced consultant and entrepreneur. The other founder, Rene Inkret, has been a professional pilot in the private jet sector for 15 years. Rene has a lifelong passion for aviation.
Tokenomics of AVINOC
AVINO was launched with a fixed supply of 1 billion AVIDOC. The fixed supply design prevents undesirable inflation, thus protecting the AVIDOC price.