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#Finance, #Blockchain All projects

SHIFT.cash: The first car title lending platform

SHIFT.cash is the world's first platform for issuing loans secured by car titles, based on Ethereum Smart-Contracts.

stage Ended crowdsale

4.3 Rating

by 10 users


    KPLs

    • Employees27

    Traction

    January, 2017

    Development of an integrated platform SHIFT.cash based on blockchain technology.

    February, 2017

    Opening of branches for work with partners in the USA, Russia and Argentina. Project launch for ICO.


    Team

    7
    man Tomas Novak

    CEO

    Ideologist for creating SHIFT.cash More than 5 years in the car loan business. Serial entrepreneur. In the
    track record, such companies as Allianz Versicherungs, Autobelenhung Häfner Gmbh, WeBuyAnyCar.

    man Eric Hofer

    CTO

    Provide executive leadership as head of global IT. Responsible for all aspects of strategic IT planning,
    implementation, and support worldwide as an integral component of business plan.

    man Franz Huber

    Blockchain developer

    Specialist in developing cross-platform applications. 6+ years of experience as software engineer. 2+
    years leading / managing software engineering teams. Expert in: JavaScript, Blockchain,
    Ethereum/Solidity, Scalability.

    man Walter Kern

    Backend developer

    Expert in C++, Java, RDB, Big data, ANNs , Hadoop. 7 years experienced in software development.

    man Philipp Schwarz

    Frontend developer

    10+ years of experience in software development. Professional in environments: Angular, React,
    Node.js





    Crowdsale details

    Distribution of tokens
    • Token Sale (62)
    • Community Growth (15)
    • Future (lock up) (3)
    • Team (lock up) (2)
    Details Indicators
    Token Symbol SCASH
    Full Token Name SHIFT.cash
    Crowdsale Start February 5th, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or March 31st, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, 11200 ETH
    Domain registration date 2017-09-03
    Domain owner Contact Privacy Inc. Customer 0149136855, 96 Mowat Ave, Toronto, ON, CANADA

    Cost of the token

    1 token for 0.0022 eth

    Price without discounts

    Bonuses

    Crowdsale
    Bonus Dates Minimum purchase amount
    20% February 05 — 19, 2018
    15% February 19 — March 04, 2018
    10% March 05 — 19, 2018
    5% March 19 — 31, 2018

    Accepted currency

    • Bitcoin
    • Ethereum
    • Fiat


    Rate the project

    Estimate the project on a five-point scale or switch to the simple scale

    Five-point scale Simple scale

    Relevance of the problem and Market size

    1 2 3 4 5

    Product competitiveness

    1 2 3 4 5

    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

    1 2 3 4 5

    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

    1 2 3 4 5

    Summary rate the project

    1 2 3 4 5

    Rate the project by other users

    10
    Phil Zander April 04, 2018
    Rating of project
    4.3

    Advantages

    Risks and disadvantages

    Comments

    Xiuli Wang April 04, 2018
    Rating of project
    4.0

    Advantages

    Risks and disadvantages

    Comments

    Lisa Dominguez April 04, 2018
    Rating of project
    4.3

    Advantages

    Risks and disadvantages

    Comments

    Natsumi Iwata April 04, 2018
    Rating of project
    4.3

    Advantages

    Risks and disadvantages

    Comments

    Denys Serhiichuk March 26, 2018
    Rating of project
    3.3

    Advantages

    The platform can eradicate lots of unnecessary mediators lending has nowadays.Moreover, it will become more accessible for ordinary people.

    Risks and disadvantages

    The process of lending a car is bureaucratic. It involves authority stuff, accountants, car owners and other people. Blockchain is not spread enough in our society to build on it such vast projects. There are too many inexplicable features in it.

    Comments

    The projects seems perspective, but needs to be more specific as not so much things have been done by its team so far.

    Antony Smith March 25, 2018
    Rating of project
    4.5

    Advantages

    I like the main concept. Despite the fact, that it’s not unique, there is definitely a lack of such projects on the market nowadays. I also can see a well-selected team. The idea to connect borrowers with collateral properties to investors around the world sounds very promising due to the fact that blockchain technology helps to escape from a huge amount of paperwork.

    Risks and disadvantages

    On the other hand, there is no information about advisors both in your White Paper and on this web page. The WP certainly needs to be updated.

    Comments

    Please add the financials in your WP.

    Jordan Semanda March 24, 2018
    Rating of project
    4.8

    Advantages

    Shiftcash provides an alternate means of acquiring loans without having to deal with a lot of paper work which is a huge plus.
    The ICO project is very fast, efficient and reliable.
    The percentage value of the loan issued in relation to the security value is low which minimizes the risk and increase the will to take a risk

    Risks and disadvantages

    This particular project could phase out the traditional banking systems.
    In my opinion the project might be limited to transactions on regional basis hence not fulfilling the purpose of blockchain investment which will limit growth as expected.

    Comments

    With the billion car users today all over the world this is one way of enjoying that luxury and also acquiring loans for investment. the market size is large and with the minimum risk involved this a sure win for the Shiftcash project.

    Andrew Robinson March 20, 2018
    Rating of project
    3.8

    Advantages

    The loan platform allows you not to depend on the location. More opportunities and safety. For investors, the risks are reduced to a minimum, allows you to receive high returns, very tempting.

    Risks and disadvantages

    The project should be well implemented from a technical and legal point of view.

    Comments

    This is an interesting idea, the project clearly has a future. The team did a good job.

    Veronika Arbisman March 15, 2018
    Rating of project
    4.3

    Advantages

    Illumination of geographical barriers and minimization of investment risks. 10% discount and high monthly return.

    Risks and disadvantages

    Risks are marketed in the text, as well as solutions for them are indicated.

    Comments

    Looks like simple and profitable thing with strong calculation's background behind each number and %. Impressive team of experienced professionals, good traffic statistics.

    Jung Choi February 07, 2018
    Rating of project
    5.0

    Advantages

    good idea

    Risks and disadvantages

    Comments

    See more reviews

    FAQ

    Frequently asked questions

    What crypo-currency are accepted in the sale?

    We accept BTC, ETH and LTC. Do not send ETH from an Exchange or Smart Contract. If you send ETH from an exchange account or smart contract, your tokens will be allocated to the exchange’s ETH account, and you may never receive or be able to recover them.

    How do I buy SCASH?

    To buy SCASH with ETH you will need to send a desired amount of ETH to the smart contract address published on the token sale page of the website. for BTC and LTC contribution, signup to create an account to deposit BTC or LTC into the address provided to you in your account.

    When can I get my SCASH coin?

    You will receive tokens immediately after the network has confirmed your transfer of ETH to our Ethereum contract address. For BTC and LTC contributors, you will see your balance in your account on our website. The tokens will be transferred to your Ethereum wallet address provided in your account after ICO.

    What is the minimum purchase amount?

    The minimum contribution accepted during any period of the token distribution is 0.1 ETH in BTC and LTC equivalent for both LTC and BTC contributors as well. Smaller contribution amounts will be rejected.

    How are the funds secured?

    All funds collected during this sale will be deposited in secured multi-sig wallets. Keys to these wallets will be held by several officers and executives of SHIFT.cash, so that all outgoing transactions will require verification by multiple trusted officers.

    How can I see my tokens?

    If you contributed with BTC or LTC, you can see your token balance in your profile. If you contributed with ETH and you don't see your token balance in your wallet, you should add a custom token.

    Contract address:
    0xd5107E77d5F3B0035D152413C89851cBeaFA9A60
    Symbol: SCASH
    Decimals: 18

    I can't find my question

    If you can't find your question, please email to support. When sending message to support, plese specify following information:

    Currency you used to contribute
    TxHash of your contribution
    Your question
    Also, you can get a response on our official telegram channel.


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