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TrustedCars FLEX (FLEX)
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TrustedCars FLEX ICO summary information

Project 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.

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.

 

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*Disclaimer: This data should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency/cryptotoken or ICO.
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