Bitcoin Forum

--UPD-- March 29, 2019
Join our CEO who will be presenting at Silicon Valley Investing Summit on April 1, 2019, https://twitter.com/EugeneKesselman/status/1110990228242817024 (https://twitter.com/EugeneKesselman/status/1110990228242817024)

--UPD-- March 25, 2019
Harvey Nusz joined our Advisory Board as an expert in Privacy, Security, and Compliance https://www.tapjets.io/#team (https://www.tapjets.io/#team)

--UPD-- March 19, 2019
OnePager Offering summary in Chinese 🇨🇳 is available now:https://www.tapjets.io/download/1647/ (https://www.tapjets.io/download/1647/)
OnePager Offering in Japanese 🇯🇵 is available now: https://www.tapjets.io/download/1644/ (https://www.tapjets.io/download/1644/)

--UPD-- March 18, 2019
Telegram Channel: https://t.me/TeamTapjets (https://t.me/TeamTapjets)
Telegram Chat: https://t.me/TapJets_TJA_Token (https://t.me/TapJets_TJA_Token)
Updated Whitepaper/Pitch Deck with smaller file www.tapjets.io (http://www.tapjets.io)
If you like free copy of our iPhone or Android App please DM to Telegram Chat for a promo code

--UPD-- March 17, 2019
TapJets Interview with Leo Petersen from Security Token Newspaper -- https://sectkn.com/2019/03/17/interview-tapjets-private-jet-blockchain/ (https://sectkn.com/2019/03/17/interview-tapjets-private-jet-blockchain/)

-UPD-- March 16, 2019

Almost $480,000USD was raised in 24 hours prior since the start of STO so far.

---UPD--- March 12, 2019 - press release https://goo.gl/9Uy1Rq (https://goo.gl/9Uy1Rq)


TapJets – Private Jet Instant Booking Platform Announces A Security Token Offering (STO) as equity in an “A” round of funding.

After more than 12 quarters of continued growth in sales and number of clients, TapJets now offers Accredited Investors in the United States and Investors Worldwide an opportunity to become shareholders. TapJets STO offering can be funded with traditional funds and cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple. Making it the first company to offer such flexibility to investors around the world.

HOUSTON, TX - March 12th, 2019, since its formation in late 2015, TapJets has consistently introduced innovative technologies to simplify booking of a private jet charter. Today TapJets is the World's only platform that allows clients to book a private jet directly from jet operating companies instantly. TapJets has managed to "Uber-nize" private jet bookings by connecting clients directly to available aircraft using both mobile apps and software for air carriers that are connected in real time.

"Our ability to book a private jet faster than you can get an Uber ride is simply revolutionary,” said Eugene Kesselman, CEO of TapJets, “we leverage Artificial Intelligence, data analytics, and predictive modeling to connect our clients to jets that are ready to take off".”

TapJets business model of using scalable technology and charging a modest fixed fee for its services. So far resulted in 81% year-over-year growth in sales and an overall outstanding financial performance. TapJets growth is driven by the simplicity of use, quality of services, and 98% client rebooking rates.

"TapJets early adoption of Blockchain to secure each flight, and their acceptance of Bitcoin, Ethereum, Litecoin, and Ripple, in addition to traditional payments, shows their ability to be innovative and cutting edge," said Michael Terpin, advisor and Blockchain expert.

TapJets Offering is available to qualified investors in the United States, and non-U.S. investors. True to TapJets mark, investments will be issued as a recorded Blockchain security (a digital version of a stock certificate). TapJets accepts both traditional funds and cryptocurrency from investors who will get an opportunity, unlike the ICO's of the past, to be real shareholders of the company.

About TapJets https://www.tapjets.com (https://www.tapjets.com)
TapJets is the world's only true on-demand private jet booking platform. TapJets focuses on the entire user experience of private travel. They begin by offering a simple, easy-to-use app that handles the routing, booking, and all other details. From there, all guests have to do is show up. You can learn more about TapJets here, and its platform available through the Apple and Google Play store, as well as its website.

About STO Offering - INVESTOR PORTAL AND PROJECT SITE LINK - https://www.tapjets.io (https://www.tapjets.io)
This press release contains information about an offer of securities by TapJets® Holdings Inc. TapJets® Investment Opportunity ("Offering") is only available in the United States to "Accredited Investors", as defined by the Securities and Exchange Commission (SEC). Investor outside of the United States, the Offering is made in strict compliance with Regulation S.
The securities in TapJets® Offering are offered in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended. TapJets® is not required to follow full disclosure requirements that apply to the offering of registered securities under the Securities Act. Neither the Securities and Exchange Commission nor any state regulator have passed upon the merits of or given its approval to the securities offered in the TapJets offering. Nor have passed the terms of the offering, the accuracy, or completeness of any offering materials. For more information visit www.tapjets.io (http://www.tapjets.io).

I like the idea of this project but in my point of view, this apps will only target the rich and famous and some corrupt politicians that will benefit in using the Apps.

For a normal john/jane doe its a useless application.

Nope. It might not even be used by anyone. Not even the corrupt politicians nor the celebs who wants privacy. Its just a booking platform with an app, this is nothing but a developers of an app but wants funds. You don't see any reputable advisor on its team and this might just turned scam in the end.

You know having an ICO in this bear market isn't a good idea. The team will just add to the list of scam projects.

Thank you

It is a tough job but someone got to do it.  The most challenging aspect of building this project is supply chain management. What's in it for the aircraft operators.  This is why we think our model works.  Think Uber where there are two apps involved. The one on the client's phone and another one with the driver.   We are the only company with this end-to-end solution and it is working so far i.e. sales and clients are happy.

Fact:  these folks spend just shy of $37 Billion per year just in the US alone to charter (this excludes own planes and fractionals).   With high commissions, we could not resist taping that market.

Then ICO should not be done anymore.

You have a great idea that can be funded by different venture capitalist. With high commission they will not resist investing in your project :D

@Pynocash,  love your energy and we welcome constructive criticism.  I would love to invite you and anyone who joins to facetime or any other platform real-time chat.  Because I do not think you gave it more than 15 seconds to come to the conclusion of your post.    

 We can debate a couple of points:  
 - ICO in a bear market bad idea - It's not an ICO its an STO which means the common stock, equity, and dividends.  Not an air-drop of worthless assets backed by nothing.

- Developer with an app - Well that is a bit of an overstatement.  There are actually 4 apps and data platform behind it, but who cares, the real test is "does it make money".  And it does, it has been for over 3 years now.  An when you send me a link to an ICO that had total sales of 11M dollars since their app released then the point will make sense.

- Advisors - there are companies with an Advisor list that is larger than the likes of code in their ERC20 smart contract.  We have interviewed about 20+ people who reached out to us wanting to be an advisor, and we picked just 3 so far.  The quantity is meaningless, what we care about is the value they bring to the company.

- Scam -  Everything is a risk, but I think you are a bit overreaching by writing us off that early.   We have been around for 3 years, with over 17,500 clients, posted amicable sales and revenue, and we have no debt.  If you consider the odds (which any investment is a gable) then it may worth investigating further, interviewing the team, visiting our office.  (wait I forgot ICO investors don't do that, they don't care about fundamentals) ...  

In any case, sorry for the longwinded answer, and our invitation to a video chat is always open, or come visit our office at any time.

You are absolutely correct.  This is why this is not an ICO this is a Regulation D and S offering of private stock, it just happens to be recorded as a digital stock certificate.

Is this digital stocks are entitled to earn dividends from company profits?

And is this Stock has voting rights?

Dear Pinoycash,

Since July of 2017, US corporations that are formed in Delaware (which is where www.tapjets.io is formed) companies are allowed to issue stock as a blockchain record. In today's ERC 20 implementation this means as a token within a smart contract.  Link to Delaware article is below.

To answer your questions:  1. TapJets common stock issued on blockchain (as described above) will pay dividends to shareholders just like they would on paper stock.  2. Each token = 1 share = 1 shareholder vote.

Typically ICO's and STO's do not offer these benefits. But for us, it makes no difference if you are a holder of a stock certificate or a Secure Token  You are a shareholder with all of the associated common stock equity rights.

LINK TO DELAWARE ARTICLE:  https://www.sociallyawareblog.com/2017/07/31/delaware-blockchain-law/

Tokens are available at our investor portal www.tapjets.io (http://www.tapjets.io) and on sale starting today.  You would need to register, once you are registered you will need to complete paperwork and then payment section will be available.

Got some questions: what are you raising money for? What's the global plan? Also, it seems to me that the project is really interesting (Uber in private jets), but who are your main rivals? As I think there are some existing companies that offer private jet bookings, 

button "DOWNLOAD PITCH DECK" does not work for me. Could you figure out what the problem is. I would like more information about the project.

Is this a working platform at this stage? Are all the flights on the site real or does it work in test mode? I would like to understand the pace of development of the project.

Hmm, sounds engaging . I've never met before an ICO of such service here on btt. Probably some rich crypto guys would use your service simply because it is blockchain based :)
 I wonder how does usual jet flight cost?

Hi, I noticed that your website is working, so is there a jet for rent at the moment? Are you going to launch this opportunity later or right now?
I am definitely impressed by such booking platform

well, I'm not really going to use this service. The main thing for me is to have an opportunity to earn and it seems that tokens will have great liquidity.

Yes the platform looks interesting. Do they already have any cooperation agreements with airlines or people who have their own aircraft? And in which countries will the project work?

I wonder if anyone already had the opportunity to rent an airlines in this project? Is the existing plan already in place? if so, then this is a very cool result and I want to congratulate the team. If not, then I think - the idea is very good, and therefore it needs to be developed, so that people can use it.

What about your price policy?
As far as I understood you should provide cheaper private jet and your aim is high quality service . So you are going to become Booking.com in aircraft industry

Private jet booking is understandable but, what's the use case of crypto here?

I'm not sure every user can rent a plane for 20K dollars.  and I'm not sure that such people are on the forum.
Maximum we can buy shares of the company.

There's NO Cryptocurrency Use case,

They are selling Company Digital Stocks in form of security tokens and you can pay using your cryptocurrency (BTC, ETH, LTC, XRP)  ;D

How many market is there for something like this? I`m affraid that only the (very) rich people are interested...

as I understand it the shares on which it will be possible to obtain very good dividends if the company is successful. I have not seen such economic concepts in this forum for a long time.

I think this sector needs blockchain tech and Tapjets can be solution.

Well this looks like a real deal. I am not sure if the crypto investors are interested to real stocks that are less volatile and less gambling. But maybe this is one of those few that will rocket.

I think that this application will be relevant not only in the rich old Europe, but also in huge Russia and the progressive USA

Well, if you launch STO, then each investor should be qualified, right? I heard there is a list of rules like income above 200 k usd + assets.
Also I've never met use case of STO up to date, but in general your idea seems outstanding

Great idea. There is a segment of the population who regularly use aircraft transport. I think if the platform will work properly - there will be many rich users!

So a project concerning about transportation specifically private jets? Nice.

You guys must be rich to own one or even to hire a few.

Yes, in fact, this idea is new to the crypto community. But at the same time I think it is quite correct. Because in this market you need to invest in liquid assets.

of course the shares will not be as volatile as the usual cryptocurrency but still you can get a very good passive income.

and what is the minimum contribution to the project?  and do I need to provide any documents for the purchase of these shares?

I now do not understand this is a completely real product or is it only being beta tested? and what role does blockchain technology play for such a platform?

in fact, it is good that they already have a really working project a big plus. since this is a real application of blockchain technology and a successful business. I think in the future it will be possible to get good dividends.

well, here users are more accustomed to cryptocurrencies that have greater volatility. This project is something new for me. But I will study this project in more detail.

in fact, tokens are shares and will give the right to the company's assets? what is the value of one share at the moment?

Dear Antonio,  all of the flights you see are real. You are welcome to book a flight directly from the site anytime.  The product has been live for almost 3 years now with hundreds of flights booked.  For more information, you can check out our roadmap at www.tapjets.io (http://www.tapjets.io)

TapJets shares are being offered at $1.00 USD. Putting the company valuation ad $20,000,000.  30% of the total shares are being offered for this STO.

Interview with Leo Petersen at Secure Token Network LINK: https://sectkn.com/2019/03/17/interview-tapjets-private-jet-blockchain/ (https://sectkn.com/2019/03/17/interview-tapjets-private-jet-blockchain/)

Booking your own plane instantly through an app on your smartphone, what a dream! TapJets allows exactly this, it is the world’s first direct blockchain based marketplace for private aviation. Removing intermediaries, ensuring trust in pilots, this exciting, already a multimillion business will run an STO soon. Our Chief Editor talks to Eugene Kesselman, TapJets CEO:

Q) These days companies opt to do an STO for a various reasons, to some STOs are ICOs reinvented, some do it to crowdfund, to some it is de facto a mini IPO. Which goal does TapJets pursue with its STO?

At TapJets we are obsessed with ensuring that each of our clients is also a fan of the brand and services that we offer. Our business is allowing our clients to book private jets instantly. Almost all of them are HNW individuals or companies essentially they are virtually in all cases are “Accredited Investors”. Allowing our clients not only being able to use our service, but to reward them with dividends as shareholders are our primary driver of making our company stock available as Secure Token Offering.

Q) A security token is a digital share. How many new shareholders do you aim to attract?

The second most important decision was to determine the minimum investment amount. That number coupled with the total number of shares being offered as a percentage of the company determines how many shareholders we were looking to attract. We found a balance of making a valuable offering of 6,000,000 with a minimum of 5,000 shares per investor. This would open up the offering to a maximum of 1200 shareholders, all of whom we hope to convert to fan’s as well as happy clients.

Q) What is your target in fundraising through the STO?


We are looking to raise 6,000,000 USD with a minimum threshold of 1,500,000 to stay on track of our sales and marketing efforts.

Q) What kind of marketing efforts do you intend to undertake?

From the perspective of the STO, our marketing efforts are geared towards a particular HNW audience that is within the region of our flight operations and have a profile of folks who fly private.

Q) No secret, that investors tend to choose an existing business. TapJets was launched in 2015, with the aim to ubernise private jets. Please describe your business model. Did the business take off? Can you provide some key figures please.

We all been a witness to an ICO bubble. And if you consider some of the posts on our bitcointalk.com thread, the lines between STO and ICO are still blurred to some extent. So YES, the viability of the business model and current sales and growing success of TapJets made us ore confident in our decision to fundraise using STO.

Our business model is simple. We receive 10% fee from each transaction that happens on our platform. We also offer SaaS for air-carriers that improves their efficiency and profit margins.

As you have mentioned, the company started in late 2015, and our first product hit Google and Apple stores in May of 2016. Since then we have booked on our platform over 11M dollars and added flight booking capability in Europe and Asia. Our 2017 to 2018 numbers include 81% year over year growth, 17,500 active platform subscribers, and hundreds of flights conducted using our software.

Q) What are your plans for further expansion, which countries seem interesting?

Our expansions are driven by the number of flights in particular market. Currently the next three areas that have substantial private jet travel are the European Union, the Russian Federation and Eurasia regions, and Asia (China, HK, and Singapore). This would be our natural progression in the next two years.

We currently licensed our software to a Joint Venture company called TapJets Asia LTD. Located in Beijing, PRC, the company is in process of capturing the market of 184,000 of flights per year. TapJets Holdings (STO issuer) has a 49% stake in TapJets Asia LTD.

Q) When you enter a new country market, what is typically your plan?

We begin with research of demand and supply. Then we build relationship with aircraft operating companies and ground handling representatives. Once we secure these relationships we build a sales team that acquires new clients and introduces them to our platform.

Q) Back to tokenization, which platform did you choose for the STO? Why?


Given TapJets private jet booking expansion to Europe and our STO client outreach goals, we had to conduct and STO under both Regulation D 506c (US Accredited Investors Only) as well as Regulation S. At the time we have ventured to interview multiple platforms none offered the dual regulatory approach capability.

Second decision factor was our familiarity with blockchain technologies and smart contracts. We use these technologies in several key elements of our platform offering. So when it comes to Solidity (language for programming “smart contracts”), we had no learning curve both in development and security aspects of programming.

As a result, we have developed a comprehensive investor portal, that meets all of the legal requirements in the US and the World. This approach also allows us to save a substantial amount of commissions we would have paid for similar services offered by third-party platforms. The only item we outsourced is related to Investor Accreditation Verification which is much more efficiently performed by an outside firm that is specialized in handling this task.

Q) How do you see the effect of tokenization onto your industry, the private aviation? In 2019, then in 2-3, then 5-10 years from now?


Private Jet industry and aviation, in general, is not known for being an early adopter of technology. The most significant changes historically only took place when there was a huge need for such a move. At present, the industry is years behind in jet booking advances, and one critical component of that is the ability to access information about thousands of constantly moving planes, their crew, and maintenance status. The second component is being able to settle the flight costs and fees (high dollar tickets) with trust and agility. Blockchain and Tokenization are the answers to these huge pain points that prevent the air-carriers from increasing the efficiency of their fleets.

Here are a few predictions based on our current information and our client’s feedback:

2019 Outlook
In 2019 we will see early adoption of stable coins and crypto payments for private jet travel. While at TapJets we have been accepting crypto since 2016 we are still the only company that receives ETH, LTC, and XRP. The list of the currencies and companies that allow them will increase.

2-3 year outlook
In 2019/20 we will be fully operational with our payment system, and we believe that will drive other companies to enter a $37B payment servicing opportunity. The more companies enter the payments market the more likely air-carriers, and clients will embrace and adopt this instant transaction revolution of the private jet charter.

5-10 year outlook
[/b
]This one is tough to predict, and the only information we have to draw any conclusion from is the fact that despite the downfall of BTC and ETH which both have stabilized in the last 2-3 months and there is a healthy buzz in fintech world when it comes to blockchain and them considering the use of tokens. This on the long term visionary scale is two critical factors that so far look positive for tokens to continue and make an impact in their respective use cases.

Q) What new possibilities does tokenization bring to booking of private jets? Will it become cheaper? Do you believe fractional ownership in private jets to be implemented through tokenization?


Both at TapJets and when speaking publicly about tokenization and blockchain I discourage people from finding uses for tokens and blockchain that can be performed by other already existing technologies more efficiently and more cost-effectively. This said our financial system today is unable to pay for a transatlantic flight (about 120,000 USD) on Friday night. Credit cards are the only possibility, and they are costly in fees and from a liability perspective. So having a token that allows you to make this kind of bookings is essential to increase efficiency and sales in aviation. The next big thing is safety, today you trust that the pilot in the cockpit has the hours of experience and that plane is maintained on schedule, but your option to verify this transparently does not exist. So people settle for just making sure that pilots have a license and that plane has insurance. Blockchain changes that concept, making our skies and your personal flights safer.

Unfortunately, there is very little use for tokens in a fractional world, that is still a paper-driven process that is barely making its way to an old fashioned relationship database world.

This project has been working for 3 years and I think investors can trust it . For wealthy clients, ordering a private jet is a common service .

Thanks, good stuff and I got answers to many questions for myself. And I am glad that the company is developing so rapidly. I think you will soon be able to cover the whole world.

Tell me if you plan to work with civil aviation *? Perhaps there are some plans for cooperation?

Depends on where you live... $10k if in US, $3k for non-US. About documents... What do you think? These are STOs.

I would like to know how much is it to book a middle class private jet? Is that something the masses can afford?

why can't you see the prices on the sites? prices start from 20K dollars. and then you can safely draw conclusions. ;D

the project looks quite interesting. I haven't seen that the forum was actually running a business. Definitely the project is worth attention.

And what kind of income can be obtained a year after the purchase of shares? Is there a business plan? I would very much like to see it..

I don't see full investment offer on your website, only presentation without much details. Can I see more details about invesment offer? There should be financial model, legal params etc.

Yes, it is now very important. I understand that at the moment it is a very successful business. But I would like to understand what investors will be able to get.

in any case, the volatility of the shares will be less but it will be possible to receive a stable income and dividends. So many will be able to find advantages in this market.

I would personally take part in the project if the minimum contribution is small. Since at the moment the cryptocurrency market is in crisis .

in which country is the company currently registered? and are you going to open branches in other countries?

Thanks for your questions here are some responses:

what are you raising money for? - Sales and Marketing Expansion. We already have a working product and have a sales plan that works ($11 million sold so far)

What's the global plan?  Each time we enter a new market we first align supply chain then begin selling. Currently starting in Asia (Beijing) and EU.

who are your main rivals?  Currently, there are a lot of companies with the APP that only collects your info but does not really book the flight.  They do not have the END-TO-END marketplace and most of the buy the data from companies like ours.   We are the only company in the World that offers INSTANT booking.  And we are the only company in the world that offers Flight Auctions  www.tapejts.com/auctions

Great questions thanks.

Greetings,  www.tapjets.io (http://www.tapjets.io) is our investor portal.  You would have to register to receive complete legal agreements and other documentation.

The reason for registration is that some of the information for Non-US investors is different from the documentation for US-Investors.  Also because of our full financial and business model disclosure, the regulations require you to register as part of the the confidentiality agreement

Please take a moment to register at  www.tapjets.io/register (http://www.tapjets.io/register)

Happy BTC investing.

It is not wise to make predictions, so we can only speak to our business model and business plan:

Scenario 1:   If we continue to make same progress and grow in different Metro / City areas in the US, Asia, and Europe by the year 2023 we should have $145M in sales which will mean approximately $14M in profits.  There is a total of 20,000,000 shares currently. This would mean a gross profit per share of approx $0.70 cents.

Scenario 2:  is that under the same conditions such sales will put the company valuation at approximately $150,000,000 which is a $7.5 USD per share that is currently offered at $1USD.

Scenario 3:  is that the shares are eligible for listing on the platform at the appropriate time which could outperform the above Scenario 1 and 2.

To put this in perspective:  If you invest $10,000 in 2023 you will receive $7,000 per year in dividends and your stock/tokens will worth $75,000.[/b]

Again for the sake of full disclosure, these predictions are what is stated in our business plan and like all investments, there are risks involved. Please make sure to read full information at www.tapjets.io (http://www.tapjets.io)

Dear Chrinday,

If we understand your question correctly you are referring to Part 91 or private operations.  In this case, we do have an item on the roadmap www.tapjets.io (http://www.tapjets.io) that is called share-a-flight.  Just like our Auctions Platform www.tapjets.com/auctions (http://www.tapjets.com/auctions) it will allow Civil Aviation pilots to share the cost of their flights with others.  Looking forward to hearing from you regarding the ways you like to cooperate.  Feel free to join our Telegram Channel https://t.me/TeamTapjets (https://t.me/TeamTapjets)

@Vanchgent private jet charter is for folks who are HNW (High Net Worth) or businesses that have teams traveling across states or countries for business. In addition, our clients include sports athletes, celebrities, actors, and singers, rappers.   This is a luxury segment market.  Flights cost from $15,000 to sometimes $100,000+ but there is good news:

There are almost 1.1 million of charter flights in the United States alone. These are not private plane owners flying and not fractional flights. These are on-demand charter / rental flights.  This is what TapJets project is working on. Selling these flights.  Instead of using brokers, people can just pick up a phone or go to our site and pay a much better price for the same charter flight.




https://tjpublic.blob.core.windows.net/media/sto/CharterMarket.jpg

--UPD-- March 18, 2019
Telegram Channel: https://t.me/TeamTapjets (https://t.me/TeamTapjets)
Telegram Chat: https://t.me/TapJets_TJA_Token (https://t.me/TapJets_TJA_Token)
Updated Whitepaper/Pitch Deck with smaller file www.tapjets.io (http://www.tapjets.io)

Thanks for great posts and questions.

Yes, it is very good to invest in liquid assets. Therefore, I would like the project to be scaled up.

apparently, there will be no problems with the growth of the project. The project is well scaled now. but with the extra investment, it'll be a bomb.

I see that many people like your project, and it's the best sign that you're on the right way!

just people are waiting for something new in the falling market. And therefore this project caused such resonance.  I'd like to buy some shares of the company myself.

Not only you want to buy their shares. Project is really promising.

Did someone use this app? What can you say about it?

Exclusive for BitcoinTalk we can provide a certificate for Google Play Store and Apple Store so you don't have to pay for the app to download it.

Please DM to our telegram chat and ask for Google or Apple App Promo Code.  https://t.me/TapJets_TJA_Token (https://t.me/TapJets_TJA_Token)

AppStore Apple Link: https://itunes.apple.com/us/app/tapjets/id1090888691?mt=8 (https://itunes.apple.com/us/app/tapjets/id1090888691?mt=8)

Android Store Link:  https://play.google.com/store/apps/details?id=com.tapjetspro (https://play.google.com/store/apps/details?id=com.tapjetspro)


https://tjpublic.blob.core.windows.net/media/sto/StoresDemos.jpg

what is the minimum Deposit and what payment methods at the moment? I'd like to buy some shares right now but I don't have a big budget.

On this forum all the same. Therefore, the minimum contribution to the project should be around $ 100.

My few cents: I do not believe in STO and will never participate in such project because no one exchange will accept the listing of store token.

Of course you're right. But it will be possible to get very good dividends for a long time. I don't even think it makes sense to sell the stock.

@Rippar to some extent you are correct. STO is not a token it is a stock certificate recorded on blockchain and transferred to a wallet as a token.  However, there are two forces in play:  1. There are several exchanges in the US that are ready to trade but because US STO offerings are still in lockup mode you will not see meaningful exchanges for another 10-11 months.  Second, the company may elect to list in OTC/Pink Sheets at some point in time.

Regardless of the approach, STO is a digital version of common stock, this is a different investment vehicle from ICO.  Sales can come in the form of company stock buyback, liquidity event, and private transfers.  Not to mention the dividends and voting rights of STO/Stock.

Lastly, we have been approached by several Singapore, Malta, and Bermuda exchanges who are ready to trade Reg S tokens at any time. The board of directors and each shareholder would have to vote for such an option to list in the future.

That is, there is still a prospect to appear in the exchanges in the near future. It's cool I hope so and it will increase interest in your company.

I am really wondering how big of a market of potential customers for private jet bookings there is. Whenever I think of private jets, I think of the richest of the rich and I have my doubts that they really need a platform like TapJets.

Our platform and product is live for almost 3 years. You can visit www.tapjets.com (http://www.tapjets.com) or download the app from iTunes or Google Play Stores.

Quick update for our friends from Asia:

Our STO Summary is now available in your native language.

OnePager Offering summary in Chinese 🇨🇳 is available now: https://www.tapjets.io/download/1647/ (https://www.tapjets.io/download/1647/)
OnePager Offering in Japanese 🇯🇵 is available now: https://www.tapjets.io/download/1644/ (https://www.tapjets.io/download/1644/)

Take a look at this reply from page 4 it may answer your question:  https://bitcointalk.org/index.php?topic=5119445.msg50224296#msg50224296 (https://bitcointalk.org/index.php?topic=5119445.msg50224296#msg50224296)

Cheers

TapJets Advisory Board Member, Michael Terpin is named in "Top 40 Blockchain Influencers of 2019" 
LINK: https://info.icoalert.com/top-40-blockchain




Michael has more than 25 years of PR agency management, but his latest venture is heading up Transform Group, "the world leader in blockchain and ICO PR and advisory services," serving more than 200 ICO clients.

He has led the PR efforts for blockchain companies and foundations, including some of the leading token crowdsales. Client successes include the launches of Augur, Counterparty, Dash, Ethereum, Factom, Golem Network, Lisk, MaidSafe, Tether, as well as ongoing campaigns for Bittrex and Shapeshift.

thank. now will study this all thank you you. I would like to understand more how I can trade these shares in the market.

the market is certainly not very big but at the same time flights are very expensive so the project remains relevant judging by the capitalization of this market.

especially now that they are going to scale the project around the world. It will be really cool because at the moment they have no competitors in the market.

I have never invested in a working product. I wonder what dividends or income it can bring during the year.

I think the volatility will be much lower than that of classic cryptocurrencies. but the income you can get without any risks.

Those who can very well afford this kind of lifestyle are not spending too much time in the forum, if there's any.
They are busy counting their riches and worried about their next holiday destination.  :D
I think the main purpose of posting this project here is for all the crypto users who will be interested in buying their security tokens as investment.

The dev said that they are in operations for almost 3 years already, so it means someone already used their platform.
But I doubt someone from the forum can attest that they tested this jet booking app.

Checking the reg of their website -

https://i.imgur.com/L54bMY1.png



If possible, can the dev team provide us useful links other than the website regarding attestations from their previous customers? Just to see their feedback. Thanks.

If you evaluate a business plan and current growth information it is aiming for 8-12% in dividends per year.  Then, in addition, there is a value of your token/share that is subject to increase if the company performs well.   You should compare this to ICO models where utility and trading determine the outcome which is much more risk in our opinion. STO gives you shareholder value.

Thanks for verifying that we been out since 2015 with a product.  Our app contains customer reviews but also they are published on our website https://www.tapjets.com/Testimonials-client-reviews-service-reviews (https://www.tapjets.com/Testimonials-client-reviews-service-reviews)

Thanks for such a big explanation. Appreciate that. I guess that STO is a good way for big investors, not for usual. So that it will be not interesting for 95% of this forum members.

So the STO tapjets holding is just to enable crypto in order to acquire their shares and nothing more?
 Please correct me if I am wrong.

The project looks good so i will keep an eye on it ;). You also have planed a Bounty program?

@Pyntex first thanks for a great question. I don't think you are wrong.  But let's say a US company wants to offer their shares for sale worldwide.  Let's even assume that you would buy their shares and receive a paper stock certificate by some DHL or another international mail (cost).  Then the company is doing well and is ready to pay you dividends. They would have to then figure out how to send you FIAT to some bank account worldwide. Blockchain transfer is much faster and easier (savings).  And how do you easily sell paper shares? Again blockchain makes it easier.  STO (certificates on blockchain) solves several of these use cases so we decided to lead the way.

How do you envision bounty for an STO (regulated) project? I care to hear your feedback.

Mark your calendar for a webcast of our CEO presentation at SecureWorld conference on April 18, 2019.

I guess bounties are not really possible for security token offerings, right? First of all, every bounty participant would probably need to do KYC but then it's like you are giving away 'company shares' for free. Understandable that this is not possible when having to comply to all sorts of regulations, Even though I'd really love to have a bounty program.

Depends of the security tokens, but i think they rather would pay those via eth or something to avoid the dump, as tokens would be real shares.

No ICO will pay using ETH or BTC for bounty participants :D that's why they undergo ICO/STO or whatever to collect ETH and BTC not to giveaway them. 

Sure, a payment in ETH or BTC would be also a different soiution. Depending how their sales are going, who knows, maybe they are considering the legal possibility of hosting a bounty program. Would definitely be very interesting.

Was just interested in the price structure, but yes 20k dollars is a good amount of money. Private jets is not for everyone.

Folks,  after speaking to the team I got more information about bounty stuff.  To answer a few of the above suggestions.   The real reason for STO not to have a bounty program (and by word bounty we mean pay for finding investors) it is because selling company stock is a regulated activity.  You would need to be a broker/dealer of securities to take a commission or payment for that work.   What the company can do is to pay for the marketing of STO or for work that advisors do.  In this case, the work should be clear for a function they perform and based on that performance.   For example, we get 100 messages on our telegram from people offering to market our STO or do community management.  They want the percentage of our shares and FIAT.  But they are not dealers/brokers.  So what we can only do with them is to offer them a performance-based contract. i.e. you do X and we pay Y. But not tied to company stock.

Sorry for the long answer but I wanted to make sure we respond.   I know that for this forum STO is new.  It is totally different from ICO's and that is why we believe it is also more rewarding and safer for investors. 

Good topics and keep them coming.

More at https://www.tapjets.io/#team (https://www.tapjets.io/#team)

That's not true, some of them have done that in the past, you have just missed them it seems.

Thanks for the brief explanation but, how will i be able to convert my Tapjets tokens to FIAT easily?

It depends on what you define easily.    1. Sell it back to the company. 2. Sell it to any other person/s 3. Once listed on exchange you follow exchange procedures for liquidation.  If you are talking about dividends than you can elect to receive them in FIAT.

Listing on the exchange is a process, it is not guaranteed, and has to be voted on by all shareholders and token holders.

Hope this helps

Join our CEO at Silicon Valley Investment Summit, April 1, 2019
Link:https://t.co/QVPUINEtsC (https://t.co/QVPUINEtsC)

This is an exclusive project, in which countries does TapJet operate? any plan? I think it is less attractive in terms of the product or service offered.

We currently operate in North-Americas and recently started with a few hundred aircraft in Europe.  Asia-Pacific planned for 2019/2020. Hope this answers your question.

What’s up bitcointalkers & ICO Team, happy to tell you guys that TapJets has successfully passed the submission process and can be found on ICO Champs now! (https://www.icochamps.com/ico/TapJets)

Your project has been added to topico-list.com (http://topico-list.com)

https://topico-list.com/detail/TapJets (https://topico-list.com/detail/TapJets)

Congratulations! TapJets ICO rating (https://iconow.net/ico-2084/) by ICOnow 84/100.

https://iconow.net/icosource/logo/84.png (https://iconow.net/ico-2084/)
Business: 17/20
Product readiness: 4/5
White Paper: 9/10
Roadmap: 9/10
Legal: 5/5
Team: 18/20
ICO terms: 3/5
Token applying: 4/5
ICO Promotion: 15/20