I am in doubt with this token. They deceived the bounty team and sold their tokens on the exchange, thereby taking all the money themselves.
https://bitcointalk.org/index.php?topic=2451214.0And I do not think that their technology will be used in the future and that the team is capable of contributing something new to the aviation world
That's definitely a bad sign for a coin. I guess it's mooning just because of being pumped. The 12 mil marketcap is quite a small sum. Wait.. What I don't understand about the coin is how trading volume is a lot bigger than market capitalization. I thought the volume was always lower!
As for their project - well, I don't think there's a specific coin needed for flying on planes! And the coin is mostly for pilots, I guess, and there aren't many in the world. Moreover, the idea is to make the system less corrupted, so that only eligible pilots really fly the planes. Why would the corrupted ones support this idea?
Thats not really the idea of it. Its supposed to be an indisputable ledger of all training history of pilots and of all maintenance/miles flown of planes. So that in the event of a crash every detail is public and cannot be edited to save face.
This will allow proper and true analysis of the causes of plane crashed and allow authorities and engineers to work towards improving safety levels of flights.