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Author Topic: [ANN][BITCAR] BitCar Token Sale: New Exotics Peer-to-Peer Trading Platform***  (Read 1925 times)
nuno12345
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November 15, 2017, 08:31:53 AM
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Revolutionary BitCar Platform Opens Up a New Asset Class for the First Time
New Decentralized Exotic Car Crypto Trading Platform

BITCAR tokens can now be purchased on the following exchanges for use on the BitCar Platform:

IDEX, DDEX, JOYSO, Token Jar, Blockfolio





How Does it Work?

Trade your way to an exotic. BitCar opens up a whole new asset class for the first time on the blockchain. The BitCar Ecosystem allows for real usage of the token within the platform, so demand for the cryptocurrency is expected to grow over time.  BITCAR tokens will be used over the course of the acquisition of the Exotic for maintenance, storage, insurance and licensing (MSI) as part of joint ownership.




The BitCar Platform will have a network of Agents who will manage the onboarding of Exotics including tokenization on the platform and MSI.  Assets Managers on the Platform are responsible for transfer and update of the assets.  The Platform Manager is a messaging system for modules within the platform.  And the BITCAR Token is the main ERC20 Token that handles all transactions on the Ethereum blockchain.  A secondary ERC20 car token represents individual Exotic assets on the platform that facilitate tokenized ownership of Exotics.



Types of Exotics to Be Acquired on the Platform


The line-up of Exotics to be acquired for the Platform include collector cars like Ferrari F40 and F50, Bugatti Veyron, Lamborghini Aventador, McLaren P1, Koenigsegg One and more.




Funds from ICO token sales will be used to bring on initial Exotics and then accelerate and underwrite new Exotics onto the Platform. The objective is to aggregate $500+ million of Exotics within the first 3 years of operation and build out to exceed $1 billion thereafter. These targets will drive the need for BITCAR as the ecosystem of users grows.


The Voting System


A voting system within the BitCar Platform allows fractional owners to vote on the liquidation date of Exotics, the asset is normally held between 5 to 15 years on the platform. A minimum sale vote needs to be reached among token holders to initiate the sale of an Exotic.


CAR token holders who own all or a mojority of the tokens of a vehicle can take posession of the vehicle (drag-along provisions will apply), which burns the specific car tokens. Alternatively, they can choose to put their CAR tokens back onto the platform.



Gamification


An Incentive System within the BitCar Platform rewards Users in BITCAR Tokens for marketing the ecosystem and other activities like trading performance, with the Ultimate Reward for users to own their own Exotic car. Users will be awarded different levels according to their trading performance and earn BITCAR reward tokens and other prizes over time.




Competition Prize


Competition Prize could be a Lamborghini Subject to the BitCar ICO selling tokens to raise a minimum amount (to be announced at the time of the ICO) in Cryptocurrency (and subject to any other applicable terms and conditions which will be defined) a one off first prize in the competition will be a Lamborghini, Huracán. This incentive will reward a user who has consistently and over a period of time contributed to the growth of the Platform and the Ecosystem.




Achievements to Date


BitCar was conceived by Ledger Assets in 2015, a leading Blockchain Technology Company in Australia. BitCar’s prototype software platform (BitCar.io) has been designed and built in-house and has been under development for over 2 years.



Whitepaper


For more information about the BitCar Whitepaper, please read it here:






Use of Token




Meet the Team




Social Media












Official Bitcar Telegram Group - https://t.me/bitcar_io





Media Coverage



AUSTRALIAN FINANCIAL REVIEW: BitCar ICO seeks $25m from supercar, Bitcoin fans


BUSINESS INSIDER:This Australian startup will offer shares in luxury cars in a bid to raise $26 million in an ICO


MEDIUM:Revolutionary BitCar Platform: New Decentralized Exotic Car Crypto Trading Platform



For more FAQ check out our Whitepaper @ https://bitcar.io/whitepaper, and for more information on media coverage please check our website: https://bitcar.io/sale/media”>Bitcar.io

Newsletter registration @ https://bitcar.io/info

All Official Posts after this will be posted @bitcar.io handle | Bounty Campaign Now Open bounty.bitcar.io


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SamaraSignature
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November 15, 2017, 08:42:25 AM
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Very excited about this!
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November 15, 2017, 09:25:32 AM
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Hello.
Very interesting project.
Will there be some kind of bounty?
Thank you for answer.

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November 15, 2017, 09:34:34 AM
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All the best for project.
The one looks very promising. I hope it achives it planned goals.
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November 15, 2017, 09:47:53 AM
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I am interested in seeing your project. if you need an indonesian translator. I am willing to help.
my previous job:
|ANN CYBERX | VEZT | ELOPLAY | TDM |

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November 15, 2017, 09:53:04 AM
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I don't know, i'm sceptical about this project. Why should someone sell his/her expensive car over a peer to peer platform?

And a question to the project: Who is the team behind this project?

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November 15, 2017, 10:06:07 AM
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can't be patient to participation with this project..
do have airdrop program? or bounty campaign program?
I am very interest with this project. Isee this project will be success

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November 15, 2017, 10:33:09 AM
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Wow, i'ill look forward to this very interesting project.
With a low total token supply, I hope this project will run smoothly.

nuno12345
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November 16, 2017, 01:36:31 PM
 #9

Very excited about this!
Fabulous, we are super excited about the BitCar Platform - you can talk to our Team directly in our Official Telegram Group @ https://t.me/bitcar_io to find out more - BitCar Team

nuno12345
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November 16, 2017, 01:41:44 PM
 #10

Wow, i'ill look forward to this very interesting project.
With a low total token supply, I hope this project will run smoothly.
Hey Aprillia39 - thanks for your interest, with real usage of the BITCAR token within the platform we do expect good demand for the token over time.  If you have any questions you want to ask our team directly stay in touch with us in our Official Telegram Group @ https://t.me/bitcar_io - BitCar Team  Smiley

nuno12345
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November 16, 2017, 01:45:36 PM
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can't be patient to participation with this project..
do have airdrop program? or bounty campaign program?
I am very interest with this project. Isee this project will be success
Hey Marimobaka - love your enthusiasm for BitCar, yes there will definitely be a bounty campaign coming...to be announced soon.  To stay updated, connect with our BitCar Team directly on Telegram @ https://t.me/bitcar_io - cheers BitCar Team

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November 16, 2017, 02:00:38 PM
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I don't know, i'm sceptical about this project. Why should someone sell his/her expensive car over a peer to peer platform?

And a question to the project: Who is the team behind this project?
Great question! Car owners will not be selling their Exotic Cars on the platform, Exotic hyper cars will be acquired and then tokenized on the BitCar platform for fractionalized ownership.  Users will need BitCar tokens to access the platform and for MSI (maintenance, storage and insurance of exotics), secondary tokens are linked to individual assets (exotic cars) and will enable peer-to-peer trading of exotics on the decentralised platform. Owners receive an immutable digital asset blockchain ledger record confirming their title, independently verifying their interests on a public Blockchain that will be used. At the end of the 10-15 year term owners vote on when to liquidate the asset, which is sold via auction houses.  The Whitepaper explains in further detail how the platform will work, you can get a copy at https://bitcoin.io/whitepaper

To answer your second question, Ledger Assets Pty Ltd is a leading blockchain commercialization company in Australia, have established and developed the BitCar technology, skills and grown the Team to bring BitCar to launch.  Ledger Assets has been behind a number of successful blockchain companies, and have successfully co-founded and developed blockchain technology in the Energy, Medical and Identity industries, becoming a world leader in its field.

To talk to our BitCar Team Members directly, join our Official Telegram Group @ https://t.me/bitcar_io  - cheers, BitCar team.

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November 16, 2017, 02:04:07 PM
 #13

All the best for project.
The one looks very promising. I hope it achives it planned goals.

Thanks Pakdedody04! Very much appreciated, stay in touch in our Official Telegram Group to get the latest updates on BitCar @ https://t.me/bitcar_io

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November 16, 2017, 02:06:27 PM
 #14

Hello.
Very interesting project.
Will there be some kind of bounty?
Thank you for answer.
Yes SL HE, there will be a bounty campaign for BitCar...it has not been released yet.  To find out when, join our Official Telegram Group where you can connect directly with our BitCar Team Members @ https://t.me/bitcar_io

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November 16, 2017, 02:10:15 PM
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I want to win Lamborgini!!! What do I need to do?
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November 17, 2017, 04:56:50 AM
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I want to win Lamborgini!!! What do I need to do?
Hey Tory26 - exciting huh the opportunity to win a Lamborgini Huracan  Cheesy, to find out how register early for the upcoming Public ICO https://bitcar.io/coming-soon/ to receive our newsletters and updates.  Or talk to our BitCar Team directly in Telegram https://t.me/bitcar_io  Wink

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November 30, 2017, 09:00:29 AM
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Really like the idea of this and think it has real merit. I'm just wondering under what circumstances this may occur
"Make Good BITCAR : Should a user not have enough BITCAR to cover MSI and other costs, then a make good request will be issued for the user to add additional BITCAR to their wallet"
If BITCAR has been allocated for this purpose in the purchase price then what will trigger the make good request.

Thanks
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November 30, 2017, 09:03:30 AM
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You're selling car by bitcar token , but who will accept this kind of payment ? haha good luck then

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December 12, 2017, 09:03:07 PM
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Hi everyone! Just added BitCar ICO to my website https://concourseq.io/Q/BitCar. ConcourseQ is a collaborative due diligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! PS: If you have any questions about filling in the info, feel free to ask us in our discord group: https://discord.gg/j8RBAwB
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December 12, 2017, 09:05:40 PM
 #20

just a suggestion to the participant, if you've read everything on this telegram, you know the news will be out this week. many projects are in use. telegram for the announcement of the project. as did the project. so read every telegram you follow carefully so you do not miss out on their announcement

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