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Eryka Flores, Aerolease Aviation

Summit Meetup Interview

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Transcript


 

Adam Chapnick:

Hey everybody, it’s me again, Adam Chapnick. Where am I? I am at the New York City Security Token meet up. And that was brought to you by who? Of course, the Security Token Academy. That’s right. And I’m here with Eryka Flores. Hi Eryka.

Eryka Flores:

Hi, how are you?

Adam Chapnick:

I’m great, how are you?

Eryka Flores:

I’m doing well, it’s a cool event.

Adam Chapnick:

Why thanks. So tell us what is a security token to you? What do you think it is?

Eryka Flores:

So a security token is what is going to disrupt the traditional financial systems, and basically what it is, it’s a hard asset, backed by token. Or sorry, a token, backed by a hard asset.

Adam Chapnick:

Got it. Okay. And how are you participating in this ecosystem? Are you working with security tokens somehow?

Eryka Flores:

So, I work in the aircraft leasing world. We buy, sell, trade commercial airplanes. What we’re doing is a standard securitization, but instead of with paperwork we’re doing it on the block chain.

Adam Chapnick:

Amazing. Okay, so how do you do that?

Eryka Flores:

Well, right now, this is why I’m here. I’m learning about what the best people to partner with are, but basically it’s like probably going to be 20 to 50 airplanes and then people can have ownership in these aircraft, if they have our token.

Adam Chapnick:

Amazing. I love it. So how in the world did you go from being in aircraft leasing to cryptocurrency. You don’t hear that every day.

Eryka Flores:

Well, so I’m a huge Libertarian.

Adam Chapnick:

Hey.

Eryka Flores:

Yeah. So I was the youngest delegate for Ron Paul in Washington state, I was like 19 years old. That whole like end the Fed movement is where I first learned about bitcoin.

Adam Chapnick:

Wow.

Eryka Flores:

Yeah. And so it’s been a wild ride, but I’m glad that my worlds are merging now. You know, my corporate AmEryka and then my little like, slight, agorist, anarchist, side.

Adam Chapnick:

Amazing. So how has that been in terms of evangelizing this inside of the aircraft leasing industry?

Eryka Flores:

Well, we’re actually trying to keep it under wraps right now. I think our project is going to surprise everybody. It’s going to be the first model in the aircraft leasing industry and then we plan, because aircraft leasing’s fairly small, so we plan to bring a lot of other people on board.

Adam Chapnick:

Very exciting. What’s the most exciting thing that you have experienced here in learning about what everybody’s doing?

Eryka Flores:

I think my project is the best, I’m not going to lie.

Adam Chapnick:

Good answer! That’s a good answer.

Eryka Flores:

It is. I mean you have people doing securities on real estate, but airplanes are sexy. Like everybody wants to have ownership in aircraft, like don’t you want to own an airplane?

Adam Chapnick:

I do. If that was an offer, I accept.

Eryka Flores:

My projects the best, so.

Adam Chapnick:

Amen. Well, Eryka, thanks for talking with us about it today.

Eryka Flores:

Awesome. Thank you. Thank you.