In response, total supply was swapped for circulating supply – all coins or tokens that are available for trading, excluding those that are reserved or locked. This raised new complications, namely how to define which part of supply could be considered liquid. In the case of Bitcoin , it is estimated that up to 4 million coins have been lost.
That said, most investors are able to see these hype-driven pumps for what they are. In the fourth quarter of 2021, AVINOC was added to Uniswap’s liquidity pool where it can be swapped and traded. In early 2022, Avinoc was relisted on Latoken and listed on other exchanges such as P2PB2B, Bkex and Cointiger.
- Token owners could artificially inflate their market cap by pre-mining coins and locking them away.
- AVINOC realizes its vision through blockchain technology and through tokenization using company’s own ERC-20 token – the AVINOC Token.
- Crypto market cap merely reveals the price that investors are willing to pay.
- Nomics tracks market volume for each asset across a number of exchanges, with data from unknown exchanges being used to generate our current AVINOC price.
- This raised new complications, namely how to define which part of supply could be considered liquid.
- For regulatory reasons the card will be delivered directly to the address that you have specified during your banking KYC process.
Scarcity is a useful tool for project owners who wish to control the market cap of their tokens, but it should be used appropriately. Hopefully, this demonstrates that crypto market cap is an incomplete metric and that investors who rely on it exclusively do so at their peril. Although market cap is the most popular indicator of cryptoasset value, it is inefficient at estimating asset quality and struggles to provide actionable data.
What makes AVINOC so unique?
This ultra-efficient software, developed by AVINOC, provides charter brokers and private jet operators with the opportunity to close charter contracts within seconds. The new market cap merely reflects the price that the last investor was willing to pay. Currently, crypto payment is integrated with VOOpay, which guarantees security through transparent, traceable and safe financial transactions. VOO users can pay for flights using cryptocurrency, and for every sale made with VOOpay, VOOmiles are accumulated and crypto commissions are credited to the user’s VOOwallet. Digital B2B marketplace to search, book, pay and manage private jet charter flights.
Having its own token allows AVINOC to move freely in the aviation universe, create assets and values, conduct transactions and, most importantly, share them with the world. While most companies view loyalty programs as a business problem to be solved, AVINOC is seeking to redefine the ideas behind the concept of the ideal loyalty program. The real companies that stand behind AVINOC and develop a real product that itself generates sales also contribute to the company’s forward-looking and innovative image. Each user acts completely independently and on his or her own responsibility.
Aviation is one of the fastest growing industries in the world, and it continues to expand. AVINOC addresses aviation as the industry of the future and uses blockchain technology, which offers a broad activity space with yet countless untapped opportunities for aviation, to target the challenges of the entire industry. Company applies modern digital technologies as opportunities to make interconnected customer journey a reality. Many projects that make big promises are not really designed to succeed in the real world. The truth is that artificially inflating trading volume is profitable and easy.
AVINOC to USD Chart
If the market cap is low, it signals that the price per coin is low, there is little circulation, or both. It can’t express whether tokens are held by a network of small investors or a handful of whales, it doesn’t speak to liquidity, and it is silent on max supply. Crypto market cap is calculated by multiplying the circulating supply of a coin by its current price. For example, if a digital currency has 1,000 tokens in circulation, and each token trades https://cryptolisting.org/ at $100, the market capitalization of the project is $100,000. AVINOC successfully implements individual aviation projects, the first of which is VOO – the world’s first digital B2B marketplace to search, book, pay and manage private jet charter flights. AVINOC successfully implements individual aviation projects, the first of which is VOO – the world’s first digital B2B marketplace to search, book, pay and manage private jet charter flights.
Compare AVINOC Performance
The first lines of VOO code were written – the starting signal for a revolution in business aviation. The fuel that AVINOC uses to power its blockchain solutions is the AVINOC token – a highly forward-looking solution because token-based assets are predicted to have enormous market potential. It is estimated that up to $24 trillion in financial assets will be stored on the blockchain by 2027, equivalent to 10% of the projected global GDP. Such an additional convenience as the ability to make cryptopayments 24/7 becomes a crucial key factor in running a business, which ensures its success. Loyalty program is based on blockchain technology that offers multiple benefits. All your completed transactions will be rewarded with tokens returned to the wallet.
When that happens, market cap will likely lose its place as the leading crypto indicator. Crypto market cap has major drawbacks, yet it remains the go-to indicator for many investors, analysts, and commentators. At best, market cap can serve as a jumping-off point for evaluating a cryptocurrency. But it is only truly helpful when used in tandem with other metrics like trading volume.
To summarize, crypto market cap matters because it’s easy to understand and a decent starting point for analyzing a cryptoasset. As the crypto space matures, better tools will be developed that will provide market participants with in-depth, actionable information. AVINOC was founded in 2018 in Austria inspired by aviation industry, technology and business professionals and has established itself a trustworthy name in the world of cryptocurrency and blockchain technology through their real projects.
Nomics avinoc – the Aviation Network Operation Chain – or AVINOChain – is a platform for connecting all participants in the aviation and travel industry. It is a consistent, integrated and permissionless functional base data layer in the form of a Blockchain for the aviation industry. In addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics.
The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. Gernot is an experienced consultant and entrepreneur with a high affinity for difficult and complex tasks in various business areas. He is particularly interested in connecting the enormous opportunities generated by technological advances such as blockchain and tokenization with the “real” economy and creating the best of both worlds for a better society out of it.
Both the purchase and the staking of a user must be carried out independently on the market. For regulatory reasons the card will be delivered directly to the address that you have specified during your banking KYC process. The ZENIQ Blockchain and the second layer, the ZENIQ SmartChain, are the technical foundation for numerous unique services and possibilities of the ZENIQ ecosystem.
The 20 short-listed startups arrived in Dubai and participated in a pitching competition at the world’s largest blockchain event. Avinoc participated in Lufthansa’s “Changemaker Challenge” – first global competition for sustainable ideas in the aviation context in 2019.
The high level of trust and security is guaranteed by its oustanding USP the ZENIQ HUB. Binance is constantly reviewing and adding cryptocurrencies that can nomics avinoc be used on the Binance platform. If you would like to buy AVINOC, which is currently not listed on Binance, you can follow the step-by-step guide below.