TrustedCars FLEX — Changing Car Ownership Forever
TrustedCars FLEX is turning dealerships into innovative mobility providers while offering customers a commitment-free, all-inclusive and affordable solution.
TrustedCars Flex will be our new product enabling customers to have the right vehicle at the right time with no compromises. It is a flexible, all-inclusive and affordable solution for having a vehicle for daily use, without buying one or being locked into long-term contracts. With a digital end-to-end solution, consumers can choose any vehicle they want from the available inventory of participating car dealers within the TrustedCars Flex network, digitally sign for it in the bespoke app and they are ready to go. Consumers make a low weekly payment for as long as they keep the vehicle and they can change vehicles as often as they like. There are no hidden costs and the consumer gets a fair price with everything included: warranty, roadside assistance, insurance, maintenance, taxes and registration. Our assurance of listing the most competitive deals in the market means that consumers always get the best price.
With our unique combination of technology expertise and deep industry relationships we have designed a solution that offers consumers a convenient way to own a vehicle without ownership responsibilities. In parallel we offer dealerships an additional source of income and access to a new generation of consumers.
TrustedCars Flex as a high-tech company will help dealerships move up the technology change curve, with an easy accessible all-in-one solution.
How does the project create value to the ecosystem and differs from competing projects?
Payment in this industry is presently not secure and one of the parties always has to make payment or settlement in advance and take some risk. Furthermore there is no real incentive to bring the car back in a good condition. The TrustedCars Flex payment system uses decentralized blockchain technology with smart contracts to process payments, which guarantees safe transfer of funds and removes the need to trust a single party with the funds. The decentralized payment system combined with our tokenized reward system will let everyone involved in the TrustedCars Flex ecosystem earn and spend TrustedCars Flex Tokens (FLEX) whithout the need for an unreliable single intermediary or the effort and costs of wiring small amounts in different currencies across the world.
TrustedCars Flex is incorporated in Germany and is a spin-off of TrustedCars GmbH. The Online-Shop TrustedCars.com launched almost two years ago and is an operating business with a successful product. Currently buying a vehicle with our One-Stop-Shop is as easy as ordering a book on Amazon.
TrustedCars has already raised a seven-digit investment and have built a very strong ecosystem of renowned cooperation partners, many of whom are leaders in their field of operations. More than 100 of the largest dealerships in Germany already trust and work with TrustedCars, with more joining every day. TrustedCars is classified as an innovative company by the German Federal Office of Economics and Export Control and won several awards for the concept. With more than 30,000 listed vehicles in 2017 and currently more than 8,000 vehicles available for purchase, TrustedCars is one of the biggest online shops for used vehicles in Europe.
The goal of launching an Initial Token Sale is to convert the business into a decentralized Token ecosystem that will reduce time and expense for everyone involved in the ecosystem. TrustedCars Flex Tokens will help to build a system of incentives and rewards to bring more efficiency into this malfunctioning industry. The ultimate goal of the Token Sale is to realize the roadmap that incorporates the onboarding of an international user base and the resultant benefits of growth and expansion into other countries. TrustedCars FLEX is raising funds through a public crowdsale, starting on June 4th. Early contributors will be able to join the presale of the FLEX Token, starting on May 14th. To learn more about our project, visit
https://ico.trustedcars.com/.
Contact
For more information about TrustedCars FLEX and its development process, please contact us at
help@trustedcars.com or our CEO Simon Toprak via LinkedIn.