TrustedCars logo
Website

TrustedCars (FLEX)

ICO
TrustedCars bounty

TrustedCars aims to change car ownership: with TrustedCars Flex client can choose any vehicle he or she wants from the available inventory of participating car dealers within the TrustedCars Flex network, digitally sign for it in the app, and client is ready to go.

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Overview

Project industryTransport
Product typeEcosystem

What is TrustedCars

Car dealers can list their vehicles with TrustedCars no matter which management system they use or which brand they sell. FLEX Tokens can be purchased at the Initial Token Sale. After the Token Sale FLEX can be purchased and sold at various cryptocurrency Exchanges that will be advised once the Token Sale is complete.

The value of the FLEX Token derives from its functionality within the fast-growing TrustedCars Flex ecosystem. Therefore, the FLEX Token is not an asset or a security but a utility token. The holders of FLEX are entitled to use services and purchase products within the TrustedCars Flex ecosystem or to sell the Tokens. FLEX Tokens may increase in value based on the growing user base since market supply and demand will determine the value of FLEX, ergo more users of the TrustedCars ecosystem will result in a higher demand for FLEX. 

 

Details

Pre-sales: May 23, 2018 - May 30, 2018
Pre-sale token supply: 40,000,000
Token supply: 480,000,000
Soft cap: 1,400,000USD
Hard cap: 36,400,000 USD
Raised: 8,120,000 USD

Legal

Country limitations: China, Cuba, Iran, Sudan, Syria, United States,
Registration country: Germany
Registration year: 2015

Token info

Ticker: FLEX
Type: Utility-token
Token price in USD: 1 FLEX = 0.081 USD
Accepted currencies: USD BTC ETH EUR
Bonus program:
Pre-ICO - 50%
ICO round 1 - 40%
ICO round 2 - 25%
ICO round 3 - 15%
ICO round 4 - 5%
Token distribution:
65% - token sale
15% - dev and expansion
13% - founders and team
5% - advisory and legal
2% - bounty
Funds allocation:
35% - marketing
30% - technology & platform
17,5% - expansion & development
17,5% - admin & operations

TrustedCars Roadmap

1
October 2015

TC founded – with the vision of bringing online-shopping as a major part of modern society on to the automotive industry.

2
2016

- Launch of TrustedCars.com
- Establishment of various partnerships: with renowned car dealerships and with insurance & warranty companies.

3
1st Half 2017

- Relaunch of TrustedCars.com - with very high level of automation for the quick upload of cars through the implementation of a dealership-interface and the DAT database.

4
2nd Half 2017

- More than 30,000 cars listed on TrustedCars in 2017
- Participation at IAA as an Exhibitor – the largest Fair for mobility and the automotive industry in the world.

5
2nd Half 2018

- Distribution of Tokens

6
1st Half 2019

- Beta launch in Germany
- Translation of website into various languages

7
2nd Half 2019

- Official product launch in Germany

8
1st Half 2020

- Concrete plans set to expand to other european countries, including Multi-Language support.

9
2nd Half 2020 and beyond

- Expansion to key cities worldwide

Project team

Simon Toprak
Simon Toprak
Founder & CEO - M.Sc. in Management from the University of Mannheim (#1 Business School in Germany)
Simon Toprak linkedin
Sascha Vorderstemann
Sascha Vorderstemann
Founder & CTO with +15 years experience in implementing cutting-edge technologies and solutions
Sascha Vorderstemann linkedin
Hendrik Erl
Hendrik Erl
Head of Sales & Operations
Hendrik Erl linkedin
Eugen Kasjanov
Eugen Kasjanov
Head of Development
Eugen Kasjanov linkedin
Denny Vieweg
Denny Vieweg
Head of Front-End Development
Denny Vieweg linkedin
Niclas Nolde
Niclas Nolde
Head of Business Development
Niclas Nolde linkedin

Advisors

Ian Scarffe
Ian Scarffe
Advisor - Serial entrepreneur and leading expert in blockchain and cryptocurrency Industries
Ian Scarffe linkedin
Ilya Anikin
Ilya Anikin
Advisor - Managing and Investment director of VC Funds Sferiq Venture Capital Fund and Imperious Group
Ilya Anikin linkedin
Prof. Dr. Hans-Hermann Dirksen
Prof. Dr. Hans-Hermann Dirksen
Advisor - Professor for Business Law + Blockchain and Smart Contracts Advisor
Prof. Dr. Hans-Hermann Dirksen linkedin
Dr. Simon Hassannia
Dr. Simon Hassannia
Advisor - Head of Business Innovation at ATU, Germany's leading automotive service provider with over $1 bn. turnover
Dr. Simon Hassannia linkedin

Social media

TrustedCars web-siteTrustedCars RedditTrustedCars MediumTrustedCarsYouTubeTrustedCars TelegramTrustedCars BTCTalkTrustedCars TwitterTrustedCars Facebook

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