BitCar initial coin offering (ICO)

Exotic Car Asset Tokenization



Rare collectable Exotic Cars are limited to the very wealthy and hard to access. Historically these cars make up one of the best performing asset classes over the last decade. BitCar is the first platform in the world that will allow you to P2P trade fractions of exotic cars using your crypto. Owners can peg their crypto to these hard assets for protection during times of high crypto volatility. Users will have access to this historically outperforming asset class for the first time through BitCar. BitCar will then also seek to provide fractional ownership services to the very large automotive industry using this new decentralized blockchain technology.

3.5
7 7 expert ratings
3.8
4
3.5
3.8
View rating distribution
Starts in 1 year ago
2018-01-31 - 2018-04-20
Token
BITCAR
Type
ERC20
Price in ICO
1 BITAR = 0.10 USD
Platform
Accepting
Soft cap
5,000,000 USD
Hard cap
22000000 USD
Raised
9230000
ICO start
Jan 31, 2018
ICO end
Apr 20, 2018
More on ICO
Report

About BitCar ICO

Rare and exotic hyper, mega and super cars (Exotics) are an international commodity. However, ownership of them has been limited to the wealthy, until now.
In a world first, Bitcar.io (Bitcar) allows users to hold or trade digital ethereum blockchain tokens called BiTcar, giving access to a platform where exotics can be owned and traded in small fractions. a second level car token will be used as the digital asset token for the individual exotic cars.
Both cryptographic asset owners seeking access to such hard assets, as well as more traditional exotic and classic car enthusiasts, can now trade in Exotic cars which have been one of the world’s best performing asset classes over the last 10 years, outperforming property and gold over this time 1.
In a disruptive and innovative world rst, BitCar opens direct ownership of this asset class to the public for the rst time. Veri ed Agents will source, acquire and store Exotics, as well as display them. After a 5 to 15 year term, they will be sold with the returns passing back to the asset token owners. During the term, Platform users can peer to peer trade their interests without an intermediary in a trustless manner.
BITCAR tokens provide the utility to the decentralized BitCar Platform (Platform) and allows access to the second order token for acquiring and peer to peer trading the tokenized Exotics as well as being used in an incentive scheme, that is set up to reward parties marketing the Ecosystem.
Control over fractionalized or tokenized Exotics will remain with the token owners, who will be able to democratically vote on matters relating to their ownerships, such as liquidation dates, displays of their car etc. This is relatively simple from a technical perspective given that blockchain technology is at the heart of the fully decentralized Platform.

BitCar reviews

Stephen Walker
VP Peoplewave Australia and New Zealand - ICO Advisor
Rated on Jul 16, 2018
5
4
4
10%

Team is experienced in the business driver and ICO process. The vision is perhaps not particularly complex in that it is a simple asset class investment. Product therefore does not need to be complex.

Vlad Skakun
Cryptocurrency Enthusiast | Senior Analyst at Venture Fund
Rated on Mar 26, 2018
3
1
4
6%
Mofassair Hossain
CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert
Rated on Mar 12, 2018
5
5
5
14%

Good team, great vision I love this project ... best of luck team

Reinhard Berger
CEO Pecunio Blockchain Technologies
Rated on Mar 17, 2018
3
3
3
13%

valuations seems a bit stellar

Christopher Zenios
COO | CMO | Speaker | Blockchain | ICO Specialist | Consultant | Advisor | Writer | Project Developer| Investor
Rated on Apr 11, 2018
4
3
3
7%
David Drake
Managing Partner
Rated on Apr 14, 2018
3
3
3
8%
PlumBot
ICO Analyzer Bot
Rated on Oct 18, 2018
0
0
0
42%


Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

BitCar ICO price

Price in ICO

1 BITAR = 0.10 USD

BitCar (BITCAR) crypto

BitCar coin

BitCar token
BITCAR
BitCar type
ERC20
BitCar platform

BitCar (BITCAR) value

Tokens for sale
250000000

BitCar market cap

BitCar market capitalization
$ 9230000

BitCar investment info

Accepting
Min. investment
20 USD
Distributed in ICO
50%
Soft cap
5,000,000 USD
Hard cap
22000000 USD

BitCar whitepaper

BitCar team

Apply as an advisor

Daniel Woodroof

Cars Specialist

Charles Kilborn

International Engagement

Sheree Ip

Legal & Blockchain Development

BitCar milestones

1
Q1 2018

WePower idea

2
Q1 2019

WePower idea

3
Q2 2018

WePower idea

4
Q2 2023

WePower idea

5
Q3 2018

WePower idea

6
Q4 2017

WePower idea

7
Q4 2018

WePower idea

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