TrustedCars ICO review, all information about token sale TrustedCars (FLEX) | ICORating
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TrustedCars

Transport

Overview

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.

Features

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. 

 

Crowdsale

Pre-sale
Pre-sale start date 23 May 2018
Pre-sale end date 30 May 2018
Pre-sale token supply 40,000,000
Token Sale
ICO start date 17 Sep 2018
ICO end date 31 Oct 2018
ICO token supply 480,000,000
Legal
Country Limitations China, Cuba, Iran, Sudan, Syria, United States
Registration Country Germany
Registration Year 2015
Token details
Ticker FLEX
Type Utility-token
Additional Token Emission No
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

Ratings

Type of ratings
Rating
Status
Hype score
High
Active

Team members

Name
Position
Score
Social
Founder and CEO
NA
Founder and CTO
NA
Head of Development
NA
Head of Front-End Development
NA

Advisors

Name
Position
Score
Social
Advisor
NA
Advisor
NA
Advisor
1
Advisor
NA
Advisor
NA

Funding Rounds

Media about TrustedCars

Finrazor News

Finrazor News

Rating Review and Analytics

Investment rating Info NA
Hype score Info High
Risk score Info NA
TrustedCars ICO Contacts
More on ICO

Ended

Start ICO 17 Sep 2018
End ICO 31 Oct 2018
Token FLEX
Price 1 FLEX = 0.081 USD
Product Type Ecosystem
MVP Product design and partially product code
KYC No
Registration Country Germany
Country Limitations China, Cuba, Iran, Sudan, Syria, United States
Whitepaper View
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