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Description

Description


TrustedCars FLEX is a decentralized ecosystem based on the Ethereum Blockchain that aims to be a solution for both consumers and car dealers. The TrustedCars FLEX network main goal is to offer consumers a convenient way to own a vehicle without ownership responsibilities. In parallel, the platform offers dealerships an additional source of income and access to a new generation of consumers.

The FLEX token is an Ethereum-based (ERC20) cryptocurrency developed by the TrustedCars FLEX network. FLEX is the digital currency that powers the platform, helping to build a system of incentives and rewards for the users, also this utility token can be used as a medium of exchange value within the TrustedCars FLEX community.

Full Name TrustedCars FLEX (FLEX)
Start Date N/A
Algorithm ETH Token
Proof Type N/A
Website https://ico.trustedcars.com
Twitter @TrustedCars
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


TrustedCars FLEX is a decentralized ecosystem based on the Ethereum Blockchain that aims to be a solution for both consumers and car dealers. The TrustedCars FLEX network main goal is to offer consumers a convenient way to own a vehicle without ownership responsibilities. In parallel, the platform offers dealerships an additional source of income and access to a new generation of consumers.

The FLEX token is an Ethereum-based (ERC20) cryptocurrency developed by the TrustedCars FLEX network. FLEX is the digital currency that powers the platform, helping to build a system of incentives and rewards for the users, also this utility token can be used as a medium of exchange value within the TrustedCars FLEX community.

Team:

  • Simon Toprak: Founder, CEO. 
  • Sascha Vorderstemann: Founder, CTO. 
  • Hendrik Erl: Head of Sales & Operations. 
  • Eugen Kasjanov: Head of Development. 
  • Denny Vieweg: Head of Front-End Development. 

TrustedCars FLEX ICO will begin on September 17, 2018. The ICO token supply represents 65% of the total token supply, so there is a total of 520,000,000 FLEX tokens available, for 0.07 USD each. The ICO funding target is 20,000,000 FLEX, the funding cap is 520,000,000 FLEX and is expected to end on October 14, 2018 or when the funding cap is reached. Any unsold/remaining tokens will be burned.

Token Reserve Split (35%):

  • 15% Dev & Expansion;
  • 13% Founders & Team;
  • 5% Advisory & Legal;
  • 2% Bounty

TrustedCars FLEX ICO campaign features a bounty and a bonus structure, and the token will not be mineable.

Bonus Structure:

  • 25% on 17th September;
  • 15% on 24th September;
  • 10% on 1st October;
  • 5% on 8th October.
ICO Status Upcoming
Token Supply 800000000
Start Date 2018-09-17
End Date 2018-10-14
Fund Raised (BTC) 20,000,000 FLEX
Fund Raised (USD) 20000000
Start Price (USD) 0.07
Security Audit Company N/A
ICO Legal Form Corporation
ICO Jurisdiction Germany
Legal Advisers N/A
Blog https://medium.com/@trustedcars
White Paper https://ico.trustedcars.com/source/documents/TrustedCars_Flex_Whitepaper.pdf
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