Blockchain Airspace Air Taxi Creator VIMANA Closes Round, Opens TGE Whitelist

  REDWOOD CITY, CALIFORNIA - 12/21/2017 (PRESS RELEASE JET)

The Blockchain Airspace category creator and Urban Air Mobility rising star VIMANA Global has closed its multi-million angel round and kicks off its Token Generation Event by opening its white list to qualified entities today.

A dominant player in the emerging $1 trillion Blockchain Airspace market, VIMANA Global is a facilities-based network operator of a blockchain network that is literally lifted into the air by VIMANA fleet of Vertical Take Off and Landing Autonomous Areal Vehicles (VTOL AAVs) and other vessels interoperable with VIMANA’s network. Based on a breakthrough patent-pending invention that allows VIMANA combine capabilities of an airplane, helicopter and Unmanned Areal Vehicle (UAV) on a single platform, VIMANA is using blockchain technology to operate its aircraft and enable blockchain applications in the air at the same time.

The goal of VIMANA’s Token Generation Event is to fund Blockchain Airspace international development and to assign value to using Blockchain Airspace. As Blockchain Airspace is the next generation Blockchain ecosystem, it needs the next generation of an infrastructure token -- VAIR. VAIR token is independent of crypto-trading patterns, of national currency fluctuations, of regional politics and as such guarantees Blockchain Airspace financial and regulatory independence. VAIR token white list and special terms for VAIR purchase will expire with VAIR TGE pre-sale launching early next year.

“Following the success of our angel round, we are excited to formally welcome white list token buyers to VIMANA,” said Evgeny Borisov, VIMANA CEO and co-founder. “VIMANA is uniquely positioned to make a major Urban Air Mobility impact by solving the looming traffic congestion infrastructure crisis, by putting smart cities into the driver’s seat with VIMANA’s blockchain-based air traffic control network that can be used with third party AAVs and UAVs, and by making Smart Cities a part of Blockchain Airspace economy.”

Heavily anticipated VIMANA’s TGE seeks to attract $35 million via VAIR token sale. Funded by serial angel investors from aerospace and blockchain industries, VIMANA is on prototype 2.0 with its four-seater model, destined to become the backbone of the first Smart City Blockchain Airspace network that would host other AAVs, UAVs and airspace-specific blockchain applications. VIMANA Global has five Smart City strategic agreements executed and is expected to announce its first Smart City pick in 2018.

Smart Cities are expected to deploy a localized version of VIMANA Universe solution, which consists of VIMANA Network, VIMANA partner network and VIMANA Ecosystem. Any Urban Air Mobility story starts with deploying VIMANA Network, consisting of terrestrial and airborne nodes that are initially placed within VIMANA Take Off and Landing Areas (TOLAs) and onboard of VIMANA AAVs. VIMANA Network runs a customized high performance version of blockchain protocol and is seamlessly interconnected with terrestrial blockchain.

VIMANA’s AAVs are a marvel of aerospace engineering, heavily protected by patents, and are meant to be localized by Smart Cities via licensing deals enabling local mass production. VIMANA is part of a handful aerospace companies in the world that has a flying VTOL AAV prototype that was purpose built for urban use, as an air taxi, air limo or as a dual purpose passenger or cargo air vehicle.

“While VIMANA’s story will start with one Smart City deployment, eventually we are hoping to scale VIMANA Network, production of VIMANA AAVs and consequently, Blockchain Airspace to over 100 smart cities around the world, linking their airspace via VAIR-token enabled Blockchain Airspace,” said Borisov.

To register for VIMANA’ VAIR token sale whitelist, please visit vimana.global/blockchainairspace or e-mail info@vimana.global

About Vimana Global Inc.

Redwood City-based VIMANA Global Inc. develops VIMANA Universe solutions, where VIMANA Network is a flagship product consisting of blockchain nodes, VIMANA AAVs, and VIMANA protocols enabling the network and connecting it to blockchain. VIMANA Network is accessible to partners and third parties admitted to VIMANA Ecosystem via open APIs. The first application of VIMANA Network is with Urban Air Mobility markets. A team of aerospace engineers led by Evgeny Borisov is currently developing a one- and four-seater VTOL AAVs, which will be used for transporting passengers. Closely held and angel-funded, VIMANA Global is aiming to attract $35 million through TGE. For more information about Vimana Global Inc. please visit vimana.global. For more information on VAIR token please visit Vimana.global/blockchainairspace

Contact: Max Smetannikov, Nona Perez, MVG for VIMANA, +1 646 205 7030, info@mvgmain.com