Aereum (AΞ) is the virtual pilot cryptocurrency, an erc-20 token belonging to Ethereum blockchain, around which we are planning the creation of a Community Token Economy (CTE) to obtain a dynamic framework to promote collaborative behaviours among market operators: namely, between end users (virtual pilots and virtual airlines) and manufacturers (developers).
In fact, thanks to the Aereum token virtual pilots and developers can launch an open and decentralised economy, capable to produce network effects and greater development for the market. Besides, it is possible to limit the use of illegal softwares that infringe copyrights, to obtain lower distribution costs, to reduce the final price for the end user, to take advantage of simple communication channels between developers and customers, to create a wide range of services relating to flight simulation and much more. Developers and “aviators” will work together thanks Aereum, each according to its role, in order to grow flight simulation world, to make more real the virtual flight experience and more dynamic and profitable this segment of the market.
The Aereum CTE governance is marked by three main pillars:
Aereum token: the first cryptocurrency that is generated on the basis of a virtual pilot’s performance. He will receive an Aereum Token for every flight hour. To get his remuneration, the pilot needs to subscribe to the Aereum Central Register, which will pay the pilot’s wage.
The pilots enrollment to Aereum – giving the right to collect Aereum Token - is submitted to the acceptance of the Aereum ethical code that implies the pilot commitment to not use illegal softwares.
All developers who join Aereum Project agree to get partial Aereum payments. Thus, they can have access to the Aereum market where they can sell their products. No mediation and no additional cost are planned inside the market, which provides a direct contact between virtual pilots and developers like in a real market.
The creation and officialization of the Pilots Register held at the Aereum Central will give an important boost to the operative flight schools, which will be pushed to churn out properly trained Simmers, able to carry out the tasks assigned to them. Training system will also register a noticeable increase in the training demand from the Simmers themselves, wishing to acquire the skills that will enable them to enroll in the Pilots Register. This could lead to the creation of real "Virtual Academy" training dedicated to flight simulation even those ones detached from the current Virtual Airways system.