Published: Mar 09, 2018

SHIFT.cash (SCASH)

Website

Bounty

Status

ICO

SHIFT.cash – car title lending platform based on smart contracts.

Whitepaper

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Interest lvl

Updated: May 04, 2018

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User Rating

Medium

3/5 • 1 votes

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Ticker

SCASH

Type

Utility-token

Token standard

ERC-20

FoundedAustria

Registration countryAustria

Office addressPfarrkirchnerstraße 21, 4540 Bad Hall, Vienna, Austria

What is SHIFT.cash

Algorithm for assessment of secured loans
Data processing based on BigData technology: access to the auto market statistics for users
Record transactions in the blockchain: data is protected, and all transactions are always under control
Customer support in app chat
To start using the service through the application, go through the procedure of verification.

SHIFT.cash Roadmap

1Q 2018

Implementing the blockchain architecture to the system / Development of the blockchain module.
Preparation of technical infrastructure for launching in the US, Latin America, Western and Eastern Europe, Russia, South Korea, Japan:
- Integration of the valuation module with local data aggregators of the car market.
- Integration of the scoring unit with local official motor vehicle bases.

2Q 2018

Completion of the installation of the system on the blockchain platform.
Start connecting local partner companies in the target countries.

3Q-4Q 2018

Testing the system of issuing loans and interacting with partners.
Preparation of technical infrastructure for launch in target markets of the second stage China, India, Southeast Asia:
- Integration of the valuation module with local automotive data aggregators.
- Integration of the scoring block with local official vehicles bases

1H 2019

Launching operational activities in target markets of the first stage.

2H 2019

Launching operational activities in the target markets of the second stage.

2020

Achieving a dynamic pool of loans within the SHIFT.cash system - $ 9 billion.

Token Sale Dates

ICO

Start date: Feb 05, 2018

End date: Mar 31, 2018

Token Allocation

Total Token Supply 5778000

Funding Details

Hard Cap 4,413,580 USD(fiat)

Funds Raised (as of now) 12,800,000 USD

Restrictions

Residents of the following countries are prohibited from participating
China, Singapore, United States

Token distribution

88.5% - Investors
10% - Team
1.5% - Bounty

Funds allocation

30% - system development
20% - internal revolving fund
50% - mаrketing and promotion

Token Price and Payment Options

Token price USD 1 SCASH = 1.528846 USD

Token price ETH 1 Token = 0.002200 ETH

Accepted Currencies ETH, BTC, LTC

Project team

Tomas Novak

CEO, Co-founder

Eric Hofer

CTO

Franz Huber

Blockchain developer

Walter Kern

Backend developer

Fabio Ricci

Project manager

Martin Steiner

CMO

Giovanni Dilon

PR and Marketing

Philipp Schwarz

Frontend developer

Advisors

Warren Whitlock

Blockchain Influencer advising ICO's

Mike Shokin, CFA

Chartered Financial Analyst

Bogdan Fiedur

ICO and Blockchain Advisor. Full Stack and Ethereum/Solidity smart contract developer.

Thierry De Gorter

Director of Marketing

Krystelle Galano

Сryptocurrency expert