Set against the glamourous backdrop of Miami, Florida, JETT – the world’s first crypto-only aviation project has launched.
Ahead of the eagerly anticipated Bitcoin Conference in the same city, JETT, founded by Barry Oberholzer, opens the skies to crypto holders.
Backed by a team of fintech and aviation experts combining more than 50 years of top-level experience, JETT offers a full turnkey solution for anyone wishing to purchase, lease or rent private aircraft.
For those wishing to lease a private jet or helicopter, JETT provides a luxury 24/7 concierge service. Private travel is a booming industry and it is estimated that globally, there were 1.4 Million new private jet flyers during COVID. Spurred by an aspirational Instagram lifestyle, the pandemic has created a middle-class private jet boom whilst commercial flights have been restricted.
Many of these new private jet flyers are crypto holders and until now and the arrival of JETT, there has yet to be a complete anonymous crypto solution using trusted third-party escrow service. With crypto experiencing mass global adoption, JETT’s safe, secure and anonymous crypto solutions open up aviation to a whole new generation of crypto-minded people.
Barry Oberholzer, the man behind JETT, said at its launch in Miami, Florida recently:
“JETT is leading the way in connecting holders of cryptocurrencies to private air travel and aircraft ownership while incorporating the full tax benefits of the purchase and leasing of assets”
“Technology is constantly evolving, and so is consumer demand for speed and efficient service. By connecting crypto holders with aviation assets, our exclusive platform provides attractive opportunities and allows us to deliver a boutique service to our clients”
Massive Benefits
The JETT project also provides an opportunity to diversify a portfolio whilst benefiting massively from the Tax Cuts and Jobs Act of 2017. The 2017 Tax Cuts and Jobs Act allows for 100 percent bonus depreciation on the purchase of a new or used aircraft, meaning 100% of the cost of buying an aircraft, can be written off in the first year as a tax deductible business expense.
Offering exclusive access to a diverse and plentiful array of private aircraft as well as top notch white glove asset management service, JETT provides full anonymity and security in transactions with personalized and professional support throughout a user’s journey.
As private aircraft hire and ownership booms and crypto become more and more mainstream, Barry Olberholzer and JETT are breaking new and fertile ground. One to watch for 2021.