TrustedCars: Changing car ownership forever
Turning dealerships into innovative mobility providers while offering customers a flexible, all-inclusive and affordable solution
Ekomi – TrustedCars has a 4.9 rating (out of 5.0) and a 100% recommendation rate based on the
customer and product reviews which are checked and reviewed by the independet rating company
Autoscout24 – TrustedCars has a 4.8 rating (out of 5.0) on the biggest car marketplace in Europe. We
always strive for customer satisfaction which res
- Crowdsale (65%)
- Dev & Expansion (15%)
- Founders & Team (13%)
- Advisory & Legal (5%)
- Bounty (2%)
- Marketing (35%)
- Technology / Platform Dev (30%)
- Expansion & Business Development (17.5%)
- Admin & Operations (17.5%)
Cost of the token1 token for 0.07 Euro
Price without discounts
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Estimate the project on a simple scale or switch to the five-point scale
Relevance of the problem and Market size
Founders, Team & Advisors
Budget allocation and roadmap
Token economy, Tokenization & Business model
Distribution & Lock up of tokens, Discounts for early buyers
Summary rate the project
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The project applies to electronic devices that can be worn on the body, which can measure certain types of human biometric data. This industry is growing at an exponential rate, because technology always evolving and the level of consumer awareness is growing. Sensors which used in this technology are able to show the number of steps that people take each day, the amount of time they sleep, and the number of hours they sit, etc. Forecasts show that the income from the use of such devices will be about 60 billion in 2021, which is almost four times more than in 2016.
Risks and disadvantages
This project has a few shortcomings; the idea is quite interesting and demanded by consumers. Control of physical activity and also the basic indicators of the human body. The demand for such services will increase and therefore the cost of the project's tokens will increase over time.
I believe that this is a very promising project that will bring profit to investors in the mid and long term. Projections for the market show that the demand for such services will increase by 300-400% in three years, which means that such projects will be successful and popular for quite a long time.
Dealerships will have an additional source of income and access to new customers. The project has a clear strategy. Team`s tokens will be locked for three years. Affordable solution for having a vehicle for daily use will be offered.
Risks and disadvantages
50% bonus is offered during Pre-ICO, I think it`s too much. Though Hard cap for Pre-ICO is 40000000 FLEX, so less than 8% of tokens for sale will be sold during Pre-ICO.
I think offered solution may be useful for customers and car dealers. But it will be very difficult to become one of the leading companies in this highly-competitive sphere.
TrustedCars is an established business, which has a functioning platform. More
than 100 of the largest dealerships in Germany work with TrustedCars. The team informs us that car dealer partners are ready to cooperate.
Risks and disadvantages
The Whitepaper needs editing. It is well-written and clear, but it has duplications. For example page 7 and page 17 almost duplicate each other. And there are other examples.
Most of employees have already been working together since the establishement of TrustedCars three years ago. And it's much easier to achieve the goals, if the team already has a successful relevant experience. But I think many other companies will be able to offer lower prices and quicker service to their customers.
The platform provides a quite unique service which has no apparent competition in the market. With the different social media platforms more traction will be created amongst the potential investors.
Risks and disadvantages
The market size of the services being offered might not be as wide as the project might expect because this is a time of ICO explosion and more relevant projects will definitely take priority. issuing bonuses of 50% and above makes the ICO project unprofitable. There is a delay in implementation of the road map in the filled of using tokens in some markets that have higher market prospects.
Taking note of the token distribution is important for the success of the platform in terms of the reserve and locking policy because it makes the probability of the project high.
How is the Token Sale Timeline?
Start of Pre Sale: May 14th 2018, 09:00 Central European Time (CET)
Start of Main Sale: June 4th 2018, 09:00 Central European Time (CET)
What is the total Token supply?
The total supply of TrustedCars FLEX Tokens is 800 million. 520 million (65% of the total supply) is allocated to the Token sale. All unsold Tokens will be burned.
Is there a Referral program?
Yes, our Referral Program will reward you with additional free Tokens if you as a FLEX holder invite a friend who also purchases our Tokens. We will grant you 5% of the amount the invited friend purchases. For example, if your invited friend buys 2,000 FLEX Tokens, you will receive 100 Tokens for free.
When will the 5% Referral Tokens be credited?
You'll be credited once the purchase of the person you referred has been fully processed (payment and KYC).
What is the minimum and maximum investment ammount?
Min. purchase amount per transaction: 700 FLEX.
Max. purchase amount per transaction: No maximum.
Can I send you crypto from Exchanges?
Please don‘t send us crypto from Exchanges. As Exchanges bundle transactions from various users so that we do not see the original wallet address of the source of funds. This requires manual mapping of your transaction which delays the payment process.
Is there a Bounty program?
Yes, there is a bounty program. For more information visit: https://ico.trustedcars.com/bounty
Can I buy FLEX Tokens through Exchanges?
You won't be able to purchase FLEX Tokens on exchanges during the ICO, as the Tokens are sold by TrustedCars FLEX only. After the ICO you will be able to purchase Tokens on exchanges.
Are there any restrictions in participating in Token purchases?
Unfortunately some countries are not allowed to participate (e.g. United States of America, People’s Republic of China, Iran, North Korea, Syria, Sudan, or Cuba).
Are Pre-Sale Tokens already transferable?
No, FLEX Tokens cannot be sold before the closing of the main sale. Be aware that any offer of TrustedCars FLEX Tokens outside the TrustedCars FLEX ICO website before the closing of the main sale is probably scam.
When can I sell my Tokens?
You will be able to sell your Tokens after the closing of the Main Sale. You will be able to sell your FLEX on exchanges or directly via the blockchain.
When will the Token be listed on Exchanges?
We are in discussion with various exchanges and expect the first confirmations soon. The listing will start after the closing of the ICO when we have finished processing all payments, KYC checks and mined all FLEX Tokens. We want everyone to have their Tokens before any trading starts.
When does the mining happen?
The mining will happen during and right after the ICO. Your Tokens can only be mined if payment and KYC are completed.
Will I be able to mine FLEX Tokens?
No, all TrustedCars FLEX Tokens available are mined during and right after the ICO. The number cannot be increased.
Who do I contact if I have any Problems?
Contacting us on Telegram is the easiest method. But you can contact us with E-Mail, BitcoinTalk, Facebook, Twitter and Medium, too.