According to its whitepaper, Aeron aims to be the new standard of aviation safety powered by the blockchain. Maintained by a group of aviation professionals, Aeron wants to reduce air transport-related accidents, which it says currently numbers around 3302 per year. One of the major causes of such accidents is the lack of real experience among pilots, since unsecured flight log data from them is susceptible to fraud and forgery. Also, due to "pay to fly" experiences, corrupt flight schools, negligence of aircraft operators, the primary data driving any decision is affected.
Aeron is built upon a robust and cryptographically secure database that makes it unique compared to other online travel companies, travel search services or internal applications made for flight officials. With this technology, falsification of data can be kept at a minimum. Additionally, as you would expect from a blockchain-backed application, key information is safely stored and is accessible to everyone with 100% transparency. Except that it now comes secured by a multi-sig authentication system that prevents any type of security breach. According to Aeron's Whitepaper, "The pilot’s application is used by a pilot for personal flight logging. The company application collects and verifies data from aircraft operators, maintenance organizations, flight schools and fixed base operators".
Aeron (ARN) is an ERC20 compliant Ethereum based token, with a fixed supply of 20,000,000 ARN. When the token was launched, a fixed amount of tokens were created and after which no more tokens are to be minted. About 60% of the supply is estimated to be in circulation. The supply should decrease over time when ARN tokens as taken out of circulation. Once Aeron receives ARN tokens in exchange of services, the coins will be again released in to the network.
According to its whitepaper, Aeron plans to have a user base of 300000 by the end of 2020. This would encourage it to embed new features on its platform.
With the help of multi-app functionality and block technology, the company envisions to have an “airline in the pocket” of sorts within two years. While its price has fluctuated like most other cryptocurrencies, it delivered more than 15x returns within a short period between November 2017 to January 2018. As of July 2018, the price is nearly back to its November levels, at $0.57.
Where is Aeron available for purchase?
You can exchange ARNX tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Aeron is ProBit Global, notably the ARNX/USDT pair, which saw a trading volume of $ 203.1 in the past day. Additionally, Uniswap V2 (Ethereum) and HitBTC are popular alternatives for trading tokens.
What is the highest value Aeron (ARNX) has ever reached?
Aeron (ARNX) reached its peak price at 9.26 $ on 05 January 2018, approximately 7 years ago ago. Presently, the current price is -99.99% lower than this all-time high.
What is the historical minimum price for Aeron (ARNX)?
The minimum price reached for Aeron (ARNX) was 0.067672 $, documented on 01 January 2025, more than 2 days ago. In comparison, the current price is 139.81%, it above this historical low.
What is the fully diluted valuation of Aeron (ARNX)?
The fully diluted valuation (FDV) of Aeron (ARNX) stands at $ 28,308. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of ARNX tokens. The realization of this FDV might take several years depending on the emission schedule of ARNX tokens.
How to add Aeron (ARNX) to MetaMask?
By integrating Aeron (ARNX) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import ARNX as a token. You can either manually import ARNX by copying its contract address (0x0c37bcf456bc661c14d596683325623076d7e283) or use MetaMask's Chrome extension to add ARNX with a single click through Pirate.Place.
How to add Aeron (ARNX) to TrustWallet?
Incorporating Aeron (ARNX) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include ARNX, you can either manually import it using the contract address (0x0c37bcf456bc661c14d596683325623076d7e283) or conveniently add it to Trust Wallet with just one click via Pirate.Place if you've installed Trust Wallet's Chrome extension.
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