Real Economy Sector Boat Pilot Begins Their Token Sale
Blockchain marine system startup BoatPilot has recently announced their crowdsale, which the hard cap is set to 9,850,000 USD. The token event is for a real economy sector business. Starting their event April 1st, 2018. The funds raised in this TGE will be used to expand business dramatically. After successfully raising over 1,000,000 USD in their private sale.
What Is BoatPilot
BoatPilot is a navigation solution and a developer of the market’s first mobile platform, the platform combines booking and navigation services for the private and charter yachting, announces the worldwide launch of its token generation event. With six years of successful real economy sector business experience.
The aim is to raise circa 10 million USD through their crowdsale campaign. Funds raised will be used for further business expansion to the Caribbean, the US and Asian markets.
The Marine Navigation System
Founded in 2012, BoatPilot is a marine system that features classic chart plotting and an interactive pilot, this gives users the opportunities for users to add comments and correct content from other users, similar to Google Maps and TripAdvisor. BoatPilot is an all-in-one navigation service (interactive electronic pilot and navigator). The platform supports augmented reality mode support. Additionally, the company produces Boat God, this is a hardware module for collecting statistics from onboard systems and aggregating geolocation data.
Using the protocol Pocket Skipper, an advertising marketplace application. This application was designed for the booking and selling of yachts, and can reserve the user a place in a marina or search for fellow passengers and tour offers.
BoatPilot’s headquarters and in Cyprus, holding offices also in Montenegro and Panama with its R&D center located in Russia. More than 50 thousand users downloaded the Android and iOS versions of the application. In 2017, the BoatPilot system had been used to navigate over 4,700 yachts. The company has exclusive rights to book vessels from over 1,000 companies in Europe and signed agreements with a number of charter and service companies.
Offering opportunities to all enterprises, BoatPilot has placed tens of thousands of potential clients in reach of yachting services and industry related companies. BoatPilot’s main advertising feature is targeting based on users’ interests, demands, and geolocation.
Unlike many other private sector industries, the yachtsman industry mainly supports the here and now demand. Until now, thousands of yachting-related SME’s had no tool to promote their services to their target audience.
Today, BoatPilot offers one comprehensive advertising solution. Our solution even knows when the vessel needs an oil change and where the crew can find the nearest service station.
The Native Navi Token
The native token for the BoatPilot platform is the NAVI token, the pre-sale began on January 9th, 2018, and had the minimum entry of 25,000 USD. The token sale will begin on April 1st and has a soft cap of 3,920,000 USD and a Hard Cap of 9,850,000. The token has a face value of 0.07, the maximum quantity of 281,737,610 NAVI tokens, these will be issued and all the unsold tokens will be burnt after the crowdsale is over.
BoatPilot continues to evolve, gaining speed, leading the market with its already outstanding services. BoatPilot has an uncompromised view on Geo-data, (one of the most important elements of the system) In order to keep all BoatPilot’s charts up-to-date.
Users can obtain NAVI tokens by sharing their geodetic and cartographic data that is recorded by their onboard computers while sailing. The number of tokens awarded will be proportional to the amount of data shared.
BoatPilot has reserved the right to use any such data within their interface and will aim to consolidate this for their permanent usage. BoatPilot cannot guarantee an instantaneous purchase of the native token in the bonus rounds. As this will depend on the current financial state of the company, the volume of liquid assets, and strategic of tactical tasks, as well as any other circumstances. BoatPilot will do everything possible to ensure that Navi tokens will be traded on a large number of exchanges.
With an outstanding natural and logical business model will see BoatPilot in good stead.
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