Yachtco

Yachtco is a platform that joins the entire yacht charter industry under one roof.

It is an ecosystem and a marketplace that allows all users to connect, plan sailing holidays efficiently and quickly, save money and participate in a dynamic community.

Problems

  • No complete and transparent booking system with secure and cheap payment
  • Not all boats are presented in real time
  • Possibility of double bookings
  • Bad boat presentation on websites
  • No skippers info before booking on websites
  • Expensive money transfer fees
  • Security deposits with cash or credit cards with no dispute system
  • No way to select their own skipper
  • No easy access to data from marinas and moorings on free berths
  • Complicated to reserve a spot in marina or mooring place
  • No way to know in what condition the boat is
  • Can not post reviews on boats, skippers, fleet operators, marinas and moorings in one place
  • No way to secure payments
  • Fragmented price on complete charter – creating extra work and stress to customers
  • Pre-payment for boats and skippers with no dispute system
  • All marketing is on their own
  • Costly real time availability (booking data) from booking systems
  • Expensive booking systems access
  • Existing booking systems tend to be slow and not working sometimes
  • Getting crew list from customers and to fleet operators in a secure way
  • Bad boat presentation on websites
  • Getting customers is expensive (expensive marketing)
  • They can not compete with big portals/sites
  • No flexible booking system
  • Low quality boat data presented with low boat details
  • Hard time implementing payment systems
  • Expensive payment systems
  • Double bookings – mistakes made from fleet operators
  • Options canceled from fleet operators – due to different reasons
  • Double bookings from different systems
  • Different booking systems that they have to use – creates a high chance of mistakes
  • Getting online crew list from charter agency and their customers
  • Existing booking systems are expensive
  • Time consuming office work/paperwork
  • They want direct connection to crew list to be submitted from agency, guest and sent to authorities
  • No connection to different booking systems
  • No booking system that is flexible enough to support their business process
  • Paying a lot in fees for POS systems for money transactions
  • Paying a lot in fees for POS systems to make security deposits
  • Want more bookings done directly and keep charter agency provision
  • Want more booking for unbooked boats
  • Have limited access to data that help them get insight in real time on what is going on with their boat.
  • No complete financial data
  • No complete boat management costs
  • Not enough bookings
  • Expensive boats
  • Expensive maintenance
  • Limited access to data in real time
  • No access to data on done boat repairs and expenses
  • Want more bookings for their boats
  • No booking portal for skippers and hostesses
  • No way to present free time – gig availability
  • No review portal
  • Payments can be late
  • No easy online public data on how many free spots
  • No easy online data on free spots when boat is out
  • No online berth booking system that guests can use
  • No real data about boat condition
  • No real data on maintenance done
  • No data on weather and boat location
  • No data on skipper
  • Small investors do not have access to boat investments
  • It is really hard to get and compare all offers for a single boat from vast majority of boat selling agents
  • Low quality boat data presented with low boat details
  • Hard time implementing payment systems
  • Expensive payment systems
  • Double bookings
  • No data clearing system
  • Competing to each other
  • Hard to use
  • No connection sometimes
  • Slow servers
  • Data on bookings get lost
  • They use outdated technology

From all above mentioned problems, all parties involved have this problems which we think are the most crucial ones:

  • Transaction costs are high. Everything goes through banks. Mostly with wire transfer. Sometimes with credit card payment – which is even more expensive (adding 4-7% on top of charter price)
  • Made bookings are canceled
  • Boats are double booked
  • Options are canceled before expiration dates. Per example because boat owner decided to go sailing despite the fact that boat was listed as free a day before and option was made for client.
  • Boat have to be paid at least 4 weeks before charter that is putting pressure or concern on customers: what is the charter company is a scam? What if there is no boat? What if the boat is in bad condition?

Solution

Platform

Yachtco is a platform that joins the entire yacht charter industry under one roof. Our end game is to disrupt the yacht charter industry as we know it – by becoming the biggest global yacht marketplace.

Yachtco is Yachting Marketplace and Charter Ecosystem directly connecting all leisure yachting participants on one platform: Guest, Fleet operators, Charter Agencies, Skippers and Hostesses, Website portals (OTAs), Boat owners, Marinas and mooring providers, Booking systems, Yacht builders, Boat investors and Insurance companies.

Management

Yachtco charter management program will be a part of Yachtco project. Charter management program will be presented on dedicated website boatinvest.com – for more effective marketing.

For the purpose of charter management we will buy some sailboats and catamarans, open a base in marina (in Croatia for starters) and start offering chartered sailing holidays on our boats. Boats will be offered in our websites and on our charter agencies partners.

Tokenization

A platform for tokenizing yacht assets.

Security tokens are the inevitable future of token offerings. Combining the best elements of traditional financial markets with advantages of the new technology they will enhance the level of investors’ trust and increase the attractiveness of Security Token Offerings.

NOTE: This feature of Yachtco platform is in planning stages. We will not proceed with this part of the project until all legal and regulatory framework is set by regulating government bodies. Fully compliant regulatory framework is essential for this part. 

Yachtco Ecosystem

The Yachtco platform is created as a revolutionary charter ecosystem that will bring together travellers and charter service providers from all across the globe. It is both an ultimate resource  for organizing sailing trips – from building an itinerary to renting a boat, from hiring a skipper to booking a marina and a dynamic self-organizing community, where guests and yacht charter specialists can do much more than sell or purchase services.

Target customers

We see the yachting ecosystem as a network of:

  • Fleet operators
  • Charter Agencies
  • Skippers and hostesses
  • Website portals – OTAs
  • Boat owners
  • Guests / Sailors
  • Marinas and mooring providers
  • Insurance companies
  • Booking systems
  • Boat investors
  • Yacht builders

Yachtco features boats, skippers, charter agencies, cooks, booking agencies, insurance companies and marina profiles and offers various tools for all of them. Being a part of this online ecosystem allows these entities to easily expose themselves either to the general public or to a targeted audience.

Profiles are also equipped with contact information that enables users to engage among themselves and thus pursue different business opportunities, which makes Yachtco a perfect networking tool and business platform.

Yachtco is a platform that joins the entire yacht charter industry under one roof. It will act as IMDB for yachts and crew, where profiles are ranked according to their online popularity. It will be built and curated by the Yachtco user community.

 

Dedicated websites connected to platform

For more effective marketing, we will build a dedicated websites for various services that will be provided on Yachtco platform:

  • Skipperbook.com ;
  • Boatmanager.com ;
  • Boatinvest.com ;
  • Catamaranrental.com ;
  • Catamarancity.com ;
  • Guletcity.com ;
  • Luxuryyachtcity.com ;
  • Marinaberrthbooking.com ;
  • Marinaberthbook.com ;
  • Skipperbook.com ;
  • Skippercity.com ;
  • Top100yachts.com ;
  • Yachtco.app ;
  • Yachtco.net ;
  • Yachtcoboats.com ;
  • Yachtlettings.com ;

All partners will have the same ability to present fleets with real-time boat and crew booking availability or other services provided by Yachtco and partners on their own websites – via API and XML data sharing.

Why blockchain

The actual reason why blockchains make sense is not the ability to put simple data onto them. You do not really gain any significant advantage of doing so. In enterprise environment blockchains are often perceived as just another type of database technology, using which you can put any data in the database and it just stays there forever no matter what (it is called immutability).

So why permissioned blockchain makes sense? They are usually considered within the framework of business/enterprise environment, where they help facilitate a certain business logic in a more decentralized way. It’s not exactly about putting some data in some fancy database, it’s more about implementing the very logic of business in a way less prone to corruption providing an enhanced transparency level. So it’s more about smart contracts.

We can’t bring a new level of transparency and flexibility to yachting industry and we can bring new things to the table by bringing transactional business logic of applications into this new decentralized environment.

Who benefits from Yachtco Ecosystem?

Customers / sailors will be able to:

  • Search and book boats
  • They will have extensive presentation of boats with pictures, video, boat data, real-time availability and prices
  • Add extras like skipper, cook, …to their offers
  • Choose among skippers, crew and cooks based on ranking profiles
  • Add extras like outboard motor, stand up paddle,…
  • Check invoice and see booking details
  • See charter base details
  • See and make reviews: skipper, boat, owner, base, agency, marinas
  • Manage crew list
  • Pay for the chartered boat and crew with fiat and crypto

Fleet operator will be able to:

  • Insert boat data (technical info, pictures, extra equipment,…)
  • Manage boats real-time availability and prices
  • Manage bookings
  • Issue and manage invoices
  • Mange payments/overdue payments
  • Manage crew list
  • Manage base info and data
  • Maintain boat maintenance details
  • Get payments from charter agencies or customers
  • Reply to reviews

Charter agencies and sales partners will be able to:

  • Use of our booking data to put boat offers to their websites with real time pricing and availability
  • Use back-end booking system to find boats for their customers
  • Create bookings directly into system
  • Manage bookings
  • Issue and manage invoices
  • Manage crew list
  • Collect payments from customers
  • Pay to boat managers
  • Reply to reviews

Boat owners will be able to:

  • See and check boat maintenance data
  • See and check boat maintenance cost
  • See and check boat maintenance documents
  • See and check boat bookings
  • Make their own bookings (for family)
  • Get interest on their investment
  • Invest
  • Reply to reviews
  • View insurance policies and other boat documents

Skippers, crew and cooks will be able to:

  • Manage their availability
  • Manage their prices
  • Manage their bookings
  • Reply to reviews
  • Collect payments
  • Reply to reviews

Marinas will be able to:

  • Add and manage their offers
  • Reply to reviews
  • View boat technical data
  • View crew data
  • Accept booking for free berths
  • Add and manage listings for free berths
  • Collect payments

Insurance companies will be able to:

  • Add their offer
  • Manage insurance policies
  • View boat data
  • View crew data

Benefits for Yachtco token holders

Yachtco token is the central element of Yachtco system, integrating all components of the ecosystem and platform. All tokens will be issued in the course of token crowdfunding, with no possibility of additional emission.

The project token is UTILITY TOKEN, used for internal functioning of the platform, giving access to defined services, depending on number of tokens held by the user.

Token owners get advantages at each stage of project implementation as per number of held tokens. Some Yachtco services are open for token owners on exclusivity conditions, and the operating fees will be charged depending on number of owned tokens. For the rest of the clients, having no tokens, Yachtco will render services on standard conditions and rates. Depending on the number of tokens owned in the project ecosystem, each owner will be assigned on of the five statuses: Standard, Silver, Gold, Platinum or VIP. Requirements to ownership volumes will change dynamically.

To obtain the statuses, the below rates will be applied at the end of token crowdsale stage A:

 

Standard Silver Gold PlatinumVIP
Holding period Not less than 160 days per year
Number of tokens required for assignment of status 1000 YACHTCO 6.000 YACHTCO 90.000 YACHTCO 600.000 YACHTCO 2.000.000 YACHTCO
Our boat pricestandard rate 10% 20% 35% 50%
Discount on skippers, hostesses and cooksstandard rate 1% 2% 4% 7%
Discount on our partner boatsstandard rate 1% 2% 3% 5%
Transaction feesstandard rate 10% 20% 35% 50%
Advertising fees standard rate10%20% 35% 50%
Use of platform all services all services all services all services all services
Airdops participationnoyesyesyesyes
Priority check in on our boatsyesyesyesyesyes
Free outboard, stand up paddle, kayak, snorkeling equipment, kneeboard on our boatsyesyesyesyesyes
Dedicated booking and platform assistantnonoyesyesyes
Dedicated concierge (phone, email, in person assistance with booking and travel plans)nononoyesyes

Yachtco: enterprise class service and utility token

Real people with real experience;

Real company with real offices;

Real team with real full-time hands-on effort;

Real money from the founder, as much as from the private investors;

Real product, not just coded in GitHub, but live, with users, a live community, not today, but for many years;

Real revenues already coming in, month on month, not just a loss-making-forever-trillion-dollar-opportunity.

Roadmap

You can find a better roadmap layout here.

  • June, 2007

    Some of Yachtco team members start sailing in Croatia with family and friends

    Some of Yachtco team members start sailing in Croatia with family and friends

    June 23, 2007
  • August, 2014

    Idea for charter agency

    Idea for charter agency

    August 23, 2014
  • October, 2014

    Blackbird Group Ltd was founded (sister company),
    Signed first contracts with partners,
    1000+ boats available worldwide

    Blackbird Group Ltd was founded (sister company),
    Signed first contracts with partners,
    1000+ boats available worldwide

    October 23, 2014
  • November, 2014

    SkipperCity.com was launched

    SkipperCity.com was launched

    November 23, 2014
  • December, 2014

    First customers signed a contract with us

    First customers signed a contract with us

    December 23, 2014
  • April, 2015

    First customers went sailing with us

    First customers went sailing with us

    April 23, 2015
  • September, 2015

    Visited International Charter Expo,
    Signed more contracts with partners,
    2000+ boats available worldwide

    Visited International Charter Expo,
    Signed more contracts with partners,
    2000+ boats available worldwide

    September 23, 2015
  • October, 2015

    Launched GuletCity.com and LuxuryYachtCity.com

    Launched GuletCity.com and LuxuryYachtCity.com

    October 23, 2015
  • July, 2016

    Idea for Yachtco
    Start of research and concept development

    Idea for Yachtco
    Start of research and concept development

    July 23, 2016
  • August, 2016

    Blackbird One Ltd. founded in Gibraltar

    Blackbird One Ltd. founded in Gibraltar

    August 23, 2016
  • September, 2016

    Visited International Charter Expo,
    Signed more contracts with partners,
    3000+ boats available worldwide

    Visited International Charter Expo,
    Signed more contracts with partners,
    3000+ boats available worldwide

    September 23, 2016
  • January, 2017

    Signed more contracts with partners,
    7000+ boats available worldwide

    Signed more contracts with partners,
    7000+ boats available worldwide

    January 23, 2017
  • February, 2017

    Websites redesign

    Websites redesign

    February 23, 2017
  • September, 2017

    Visited International Charter Expo

    Visited International Charter Expo

    September 23, 2017
  • January, 2018

    Team Creation,
    Idea and concept finalization

    Team Creation,
    Idea and concept finalization

    January 23, 2018
  • July, 2018

    Brand design

    Brand design

    July 23, 2018
  • October, 2018

    Yachtco Trademark application filled
    Yachtco token created on Waves platform

    Yachtco Trademark application filled
    Yachtco token created on Waves platform

    October 23, 2018
  • November, 2018

    Visited International Charter Expo and tested the market by presenting idea to our partners

    Visited International Charter Expo and tested the market by presenting idea to our partners

    November 23, 2018
  • December, 2018

    White Paper finalization

    White Paper finalization

    December 23, 2018
  • February, 2019

    Yachtco.io Token Presale Crowdfunding starts,
    Crowdsale Marketing,
    Publish Yachtco website,
    Set up community, social media and content channels

    Yachtco.io Token Presale Crowdfunding starts,
    Crowdsale Marketing,
    Publish Yachtco website,
    Set up community, social media and content channels

    February 23, 2019
  • March, 2019

    Community Growth

    Community Growth

    March 23, 2019
  • July, 2019

    Ready beta app
    Conclusion of preliminary agreements with partners,
    Get first boats in platform

    Ready beta app
    Conclusion of preliminary agreements with partners,
    Get first boats in platform

    July 23, 2019
  • August, 2019

    Yachtco Token Crowdsale Series A starts

    Yachtco Token Crowdsale Series A starts

    August 23, 2019
  • September, 2019

    Visit International Charter Expo,
    Sign more contracts with partners,
    Early access launch,
    Platform test phase,
    Order boats

    Visit International Charter Expo,
    Sign more contracts with partners,
    Early access launch,
    Platform test phase,
    Order boats

    September 23, 2019
  • October, 2019

    Commercial launch of the project

    Commercial launch of the project

    October 23, 2019
  • March, 2020

    Setup a base in marina,
    Boat delivery in marina

    Setup a base in marina,
    Boat delivery in marina

    March 23, 2020
  • April, 2020

    Crowdsale Series A ends,
    Delivery of Yachtco tokens to crowdsale participants,
    Yachtco tokens starts trading on DEX exchange

    Crowdsale Series A ends,
    Delivery of Yachtco tokens to crowdsale participants,
    Yachtco tokens starts trading on DEX exchange

    April 23, 2020

Token Economics

Token name:Yachtco
Ticker:Yachtco
Type:Utility token
Blockchain:Waves platform
Total supply:1.000.000.000
Available in token crowdsale:700.000.000
SoftCap:No Softcap
HardCap:Presale: €2M, Series A: €20M
Pre-sale price:0.10 EUR
Series A price:0.20 EUR
Accepted currencies:Crypto (ETH, BTC, WAVES, ETC, BCH, ZRX,
BNT, BNB, LTC and ZEC) and fiat (EUR, USD, YPJ, CAD and GBP)

Crowdsale prices

 Token priceMinimum purchaseAvailable tokens
Presale0,10 €500,00 €20.000.000
Series A0,20 €500,00 €100.000.000
Series BTBD500,00 €120.000.000
Series CTBD500,00 €100.000.000
Future roundsTBD500,00 €360.000.000

Yachtco Token Distribution

Yachtco tokens will be distributed as follows:

  • 70% crowd sale – ITO (all stages)
  • 20% start up team
  • 5% affiliate bonus program
  • 2% advisors
  • 2% bounty program
  • 1% airdrop

Use of Funds

Collected funds will be used for:

  • 50% marketing, promotion and new clients enquiries
  • 20% product development
  • 5% legal
  • 5% business operations
  • 10% business development
  • 10% other activities

Yachtco team

Yachtco team is distinguished by entrepreneurship and dedication to everything what we do. Our experts have more than 10 years of experience in yachting industry, IT-development, graphic and design, Big Data management, analytics, mathematics, marketing, international relations and sociology.

Yachtco is a team of like-minded people; enthusiasts who are passionate about a common cause, connected by common interests, moral principles, values and a similar active life position.

Our team has clear goals, and relations between people in the company are characterized by a high degree of trust. Decisions are made on the basis of consensus or, if there are alternatives, after obtaining the consent of all team members.

We will expand our team as soon as possible - after token crowdsale - with experts in various fields from online marketing, sales, development,... For now, our team looks like this:

(*NOTE: We also have 9 skippers that work with us on contract basis. We did not present their profiles here.)

meet our team

Miha Kos
Founder and CEO

Miha is entrepreneur with background in business, technology, marketing and finance. He is also a skipper with Yachtmaster license and VHF GMDSS license.  

 

Founder of Blackbird Group Ltd. and Blackbird One Ltd. - successful and profitable yacht charter companies.

Jure Artiček
CTO

Jure is an expert in software development of various flavor (embedded, desktop, web) and in various programing languages/tools ASM, C, C++, PHP, Java, Talend, UML, ...). He also has a lot of experience in R&D and project management.

Jure Rejec
Marketing Manager

Jure has a profound understanding of both ends of the media spectrum, having spent seven years as a journalist, and four years as a B2B marketing and public relations professional.

 

Over the years he developed top-tier media relationships, having attained a media presence in over 100 news agencies and media houses, including Yahoo News, Associated Press, Huffington Post and others.

 

Having a knack for successful content marketing, creative media strategies and brand building.

Matic Justin
Graphic Designer

A good hybrid between web designer and front-end developer.

Jure Kos
System Engineer

Jure is and expert in software development of various flavor (embedded, desktop, web) and in various programing languages/tools ASM, C, C++, PHP, Java, Talend, UML, ...). He also has a lot of experience in R&D and project management.

Anja Plešič
CFO

Anja has years of experience in finance. After graduation from business school she ran accounting department for Blackbird Group Ltd., Blackbird One Ltd. and now Yachtco Ltd.

Satya Šebenik
Social Media Manager