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Topic: [ANN] [ICO LIVE]◄ ♛ 🔥 Shift your car title into cash. 🔥 ♛ - page 66. (Read 8460 times)

member
Activity: 182
Merit: 12
ok, good idea, so it's online banking , that will work through smartphones? but i don't get the idea of car title loans, what does it mean, can you explain it a little bit more? i give my car to someone and get tokens or what?

Yes we have a prototype of our mobile app which will be launched soon.

Quote from: You don't give your car to us but rather submit your car documents to us which intern set your car as collateral of the loan.
so in case you default to pay for the loan, your car will be Auctioned to pay for the loan.


The idea seems great.can you explain further.Assuming someone living in Asia wants to engage in the car title loans.how can you verify and authenticate the person documents.which security and insurance will your platform work on.



We will have local representative offices in each region of operation, so they will be in charge of Vehicle Physical Examination.
member
Activity: 434
Merit: 10
Cars are so common today that it is certainly a good way of development. I think it's worth observing this project, but I have one question myself. Are there any countries where you want to make this idea the most?

We are currently based in Austria. preparations are being done to launch in Latin America, Europe, Russia, South Korea and Japan.




I think to be able to support that expansion or anything related to expanding your project will need a lot of funds to support it. Is there any plan how will you continue developments of this project in different countries? And aside from ico sales, where do you plan to get more funds to support the project and to fulfill your roadmap?
You have a good point about how they will get the funds because this is a big project. Well, there is still a lot of time for the dev to make more funds about their project. Also, let's just wait for their latest announcement about their activity.
full member
Activity: 406
Merit: 105
Cars are so common today that it is certainly a good way of development. I think it's worth observing this project, but I have one question myself. Are there any countries where you want to make this idea the most?

We are currently based in Austria. preparations are being done to launch in Latin America, Europe, Russia, South Korea and Japan.




I think to be able to support that expansion or anything related to expanding your project will need a lot of funds to support it. Is there any plan how will you continue developments of this project in different countries? And aside from ico sales, where do you plan to get more funds to support the project and to fulfill your roadmap?
member
Activity: 336
Merit: 11
Scouting for Innovative ideas.
This is an interesting project, this will make it more convenient for all the people who want to borrow money and use their asset as a collateral. Do you have any bounties for this?

Yes, Visit the first page and you will see the link to bounty thread.



Thank you for your fast response.
This is the only project that I know who are based on the blockchain technology for this kind of lending. I think this will gain more popularity when the ICO start and it will be rated by the ICO sites.
member
Activity: 182
Merit: 12
The project looks very promising and intresting.i saw that the pre sale is over successfully.i really missed the big opportunity but i will try to invest into ICO.can you tell me when the ICO will start?.
I also joined the bounty campaign.i hope This project will acheive great success.

ICO will start in the 5th of Feb with starting bonus of 20%.


member
Activity: 182
Merit: 12
My concern is what happens when the person who put his car title for collateral either dies or has put some stolen car title, or after putting his car title for collateral lost it etc., what would happen in this scenario?

Is there a concrete system on the claims re whether the claimant dies or not capable to claim anymore their car for the reasons that they are not capable on paying the terms or so. thanks for the answer in advance

The loans will be covered by insurance. moreover, car owners must have a workable insurance before the will deem qualified for the loan.

so the car insurance company will cover for the car in case of an accident.




member
Activity: 182
Merit: 12
This is an interesting project, this will make it more convenient for all the people who want to borrow money and use their asset as a collateral. Do you have any bounties for this?

Yes, Visit the first page and you will see the link to bounty thread.


member
Activity: 434
Merit: 10
So this ICO is about getting a loan for the information of your car?  Is this like lending your car for cash then? This unique project I think.  Will be watching these thread.
I think it's like getting a loan and using your care as a Guarantee of return. That's what i understood from their informative video on youtube . It seems like a great idea actually and allows trust between the lender and the borrower.

So, this platform is like a lending where you borrow money and the car is like the assurance. Well, as what I understand of their introduction is that you can change your car title in cash. But how this platform will really help the community because not all people have cars.

Well, on that case dude only those people want a car as their part of way of living. It looks like this project is intended to those who like a car which could be possibly demand in our community.

even though not everyone has a car, still its an opportunity to avail easy/fast cash by having "your car" as a collateral. As far as I know, seldom lending companies take cars as a collateral and it will take days even weeks to process all necessary papers. Shift Cash idea was a unique one. Fast Cash for everyone that has a car.
Now I am enlighten with your answers that this project to make it simple is to help people by saving the time of transaction of their documents. By just understanding the platform, it is easy to have cash by making cars as collateral and processing will only takes few days or hours.
Well, something like that dude which the car will serve as a collateral thqt makes easy and fast transactions in terms of payments. As the time goes this project will attract those investors as well as users. Hoping for the success on this project.
member
Activity: 182
Merit: 12
Cars are so common today that it is certainly a good way of development. I think it's worth observing this project, but I have one question myself. Are there any countries where you want to make this idea the most?

We are currently based in Austria. preparations are being done to launch in Latin America, Europe, Russia, South Korea and Japan.


member
Activity: 182
Merit: 12
A good idea for the developer, but now there are already many similar projects. How does this project differ from others?


There is no global loan platform on the blockchain who takes a car as collateral.
Our project is first of it's kind.


member
Activity: 182
Merit: 12
Cars are so common today that it is certainly a good way of development. I think it's worth observing this project, but I have one question myself. Are there any countries where you want to make this idea the most?

So, in my opinion, the price of the lending of your car depends on the model, brand, and structure of the car right? I am really confused.



Yes, your car will be valued and you will get a loan not more than 1/3 of your car's value.
sr. member
Activity: 1162
Merit: 268
50% bonus on your First Topup
Cars are so common today that it is certainly a good way of development. I think it's worth observing this project, but I have one question myself. Are there any countries where you want to make this idea the most?

So, in my opinion, the price of the lending of your car depends on the model, brand, and structure of the car right? I am really confused.
full member
Activity: 602
Merit: 100
So this ICO is about getting a loan for the information of your car?  Is this like lending your car for cash then? This unique project I think.  Will be watching these thread.
I think it's like getting a loan and using your care as a Guarantee of return. That's what i understood from their informative video on youtube . It seems like a great idea actually and allows trust between the lender and the borrower.

So, this platform is like a lending where you borrow money and the car is like the assurance. Well, as what I understand of their introduction is that you can change your car title in cash. But how this platform will really help the community because not all people have cars.

Well, on that case dude only those people want a car as their part of way of living. It looks like this project is intended to those who like a car which could be possibly demand in our community.

even though not everyone has a car, still its an opportunity to avail easy/fast cash by having "your car" as a collateral. As far as I know, seldom lending companies take cars as a collateral and it will take days even weeks to process all necessary papers. Shift Cash idea was a unique one. Fast Cash for everyone that has a car.
Now I am enlighten with your answers that this project to make it simple is to help people by saving the time of transaction of their documents. By just understanding the platform, it is easy to have cash by making cars as collateral and processing will only takes few days or hours.
member
Activity: 266
Merit: 13
Buy Bitcoin
Perspective platform, and quality marketing. Liked the video, well drawn. I will definitely take part in bounty company.
member
Activity: 294
Merit: 10
It's interesting, but I think the project can work only if the development of the project is large-scale. The developer plans to do the project in many countries?
No, not really. About this project, I think they must spread the project moreover than developing, I guess they are planning to release this platform on major country first like US.
newbie
Activity: 5
Merit: 0
member
Activity: 182
Merit: 10
Nice project concept, you platform is like a preappoval form for clients who are planning to loan a car. Do you have connections with car companys or insurance firms?
full member
Activity: 616
Merit: 100
Required project. I wish you a successful implementation. Good luck to you and continue to develop the idea
sr. member
Activity: 840
Merit: 251
Could you elaborate a little bit further on the partnership with Deloitte? Are they your advisors or did they actually take part in the pre-sale? What's their role within your project?
newbie
Activity: 37
Merit: 0
This is my first experience of participating in similar projects. The project seems very positive and impressive. I think I was not mistaken in my choice.
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