Aerovek Aviation's Chartr app is set to release in Q3 this year. As with a ride share service that allows customers to order on-demand transportation, Chartr allows travellers to connect directly with flight charter services in their area and schedule a private flight without the need for a middle man. This is done through Smart Contract technology built by Aerovek on the Elrond Blockchain network.

Aerovek's native crypto token, $AERO, is used as a currency to pay for services on the platform, eliminating the need for travellers to use credit cards, cash or bank transfers. The token currently has over 40,000 holders and allows for six second transactions with fees kept under one cent in most cases. Token holders have access to all Aerovek products including the Chartr app, Decentralised Autonomous Organisation (DAO) and Pilots Lounge.

“Chartr is essentially the blockchain 'Uber' of private aviation, bringing the comfort of flying private to everyday travellers and crypto enthusiasts,” says Aeroveck president and CEO Ryan Dietz. “Flying private isn't just for the super-wealthy; it's actually easier than you think and eliminates the headaches that come with commercial flights including long airport lines, flight delays and crowded planes. Chartr gives travellers an easy way to connect with flight charters in the area and book their luxury experience seamlessly.”

With custom Smart Contract and blockchain technology, the company says that Chartr gives pilots innovative solutions to grow and manage their business. It equips them with the necessary tools to create a unique ecosystem of clients through DAO and the ability to keep all documentation, invoices and payments direct and streamlined. Pilots can quickly generate invoices and instantly collect payments, similar to other ride share applications.

Aerovek's Pilot DAO is managed by 13 aviation professionals who act as founding ambassadors and a board of directors. The Pilot Ambassador Programme is comprised of 100 professional pilots who hold the ability to help shape the direction of Aerovek.

The DAO ecosystem allows any $AERO token holder to have voting rights on marketing initiatives, financials, product features and more, putting pilots in the driver's seat or cockpit of the business.

“My passion for aviation and spaceflight goes back to my early pre-teen years; I earned my pilot's license at 17, and I still enjoy sharing my passion for flying with anyone and everyone,” says NASA international space station pilot, private pilot and Aerovek founding ambassador Todd Horelica. “Aerovek Foundation is a new innovative way to make aviation accessible to everyone. I'm honoured to share my passion and lessons learned over my nearly 30 year journey as a general aviation pilot."