The DAV Network Is Here; DAV is a Utility Token

With the success of the DAV Network Launch late last month, DAV came one step closer to the realizing the future of transportation on the blockchain. Thanks to our fantastic team, blockchain technology, and of course our community, the vision we’re building towards will enable a decentralized, peer-to-peer, global transportation network.

We’ll remember the day the journey officially began — when a drone in Berlin used the DAV Network to successfully complete its mission. That day it was just a single drone, but as we push forward, we believe the network will continue to rapidly expand.

Just this week, another five charging stations will be made available on the DAV Network, this time in Italy. Another provider, a U.S.-based maker of routing software, will begin offering mapping services to drones and other vehicles. As more and more participants utilize the DAV protocol and token, we’ll continue as a community to charge towards that vision we all believe in together.

Our diverse group of dedicated service providers, contributors, and supporters that make up the DAV community have committed their time, effort, knowledge and enthusiasm to help make the DAV Network grow and succeed. That is why we’re so pleased to share with our entire community that the DAV Tokens will be classified as utility tokens by the Swiss regulator! With a landscape filled with regulatory uncertainty, we believe DAV is one of the first projects with this improved level of regulatory certainty, which we feel is a monumental accomplishment.

To our community, we recognize the importance of the classification as one more important stepping stone that adds to our confidence in the DAV Network and its exciting potential.