CarVDB logo

CarVDB (CAR)

Transport
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Status
ICO

CarVDB: A Decentralized End-to-End Platform for the Automotive World.

CarVDB White Paper Whitepaper

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Interest lvl
NA
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User Rating
Medium
3/5 1 votes
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Ticker
CAR
Type
Utility-token
Token standard
ERC-20

What is CarVDB

  • Decentralized Vehicle Marketplace for free trade and rentals between private and professional sellers and buyers.
  • Free vehicle database searchable by VIN, containing vehicle technical specifications, manufacturer information, maintenance history and reports, scheduled maintenance requirements, repair manuals and more.
  • Auction Platform, allowing setup of timed and live auctions both by private individuals and auction houses.
  • Enhanced Insurance Platform, wrapped around the concept of reducing the premium people pay and in the same time reducing the risk for insurance companies.
  • Fully Automated Vehicle Service Center solution, aimed at improving the services provided by Vehicle Service and Repair Centers and increasing the customer satisfaction from the contracted vehicle maintenance activities.

CarVDB Roadmap

1
Q1, 2015

Platform Alpha Released in USA & Spain.
More than 1M Ads Published to Date.

2
Q1 2018

CarVDB Token Creation EventIn Progress.
Platfrom Beta DevelopmentIn Progress.
CarVDB Black Membership Cards Distribution.

3
Q4, 2018

Marketing Campaign Kick Off.
Early Adopters Incentives.
Partnerships Anounced.
CAR Token Listed on All Major Exchanges.

4
Q1, 2019

Platfrom Beta Release in USA & Spain.
Smart Contracts Relese.
Insurance Platfrom Release.
Auctions Platfrom Release.
Growth Pool & Membership Cards Distribution.

5
Q4, 2019

Platform Release in Canada & Mexico.
VIN Check Feature Release.
Repair Manuals Feature Release.
Maintenance Reports History Release.

6
Q3, 2020

Platform Release in UK & Germany.
European Partnerships Anounced.
Full Decentralization Begins.

7
Q4, 2021

Platform Release in France, Italy and Switzerland.
Consider Additional Revenue Streams.
Transition to Public Blockchain.

8
Q1, 2023

Platform Release in South America.
Revision of Future Strategy.
Announce Next 5 Year Plan.

Token Sale Dates

ICO

Start date: Mar 13, 2018
End date: Jun 11, 2018

Funding Details

Soft Cap 5,888ETH
Hard Cap 13,750,400 USD(fiat)

Token distribution


50% - ICO.
36% - CarVDB pool
14% - founding members, development team, early hires and advisors.
1% - bounty campaign during the ICO and also for community members who add value to the platform during or after the ICO

Funds allocation


46% – Product Development
20% – Marketing and User Acquisition
16% – Operational Capital
10% – Reserve Capital
8% – ICO related cost

Token Price and Payment Options

Token price USD 1 CAR = 0.43679087 USD
Token price ETH 1 Token = 0.000633 ETH
Accepted Currencies ETH

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