Topic: [ANN][BITCAR] BitCar Token Sale: New Exotics Peer-to-Peer Trading Platform*** - page 9. (Read 17056 times)

Bitcar my video review https://youtu.be/DKJx7tHXxtI

Why do I have a decrease in the number of stakes in the bounty portal?

I noticed it too.
That's a big typo they made, in the whitepaper it says there are 500,000,000 BitCar tokens in total.

Lambo token thanks

I'm tired of lambo jokes and I can't afford one, but at least now I can afford some "lambo" tokens😂

Can't wait for the ICO to start!

Awesome!

Twitter post
https://twitter.com/JayPerds/status/951822349443059713
https://twitter.com/JayPerds/status/951822015580680193

Facebook post:
https://www.facebook.com/photo.php?fbid=1783529784998792&set=a.498424400176010.123957.100000253621916&type=3&theater

Medium
https://medium.com/@jaypeeperdido/bitcar-the-lambo-of-cryptocurrency-669d7ac20ede

Linkedin
https://www.linkedin.com/feed/update/urn:li:activity:6357589808163971072

Hello! I am editor from icoholder.com. Your IСO was added to our listing and now is available to investors: https://icoholder.com/en/ico/bitcar-17341 You can edit your Page  by adding more information about your ICO after verification and also verify team members to improve ranking.

HI, you can register for the bounty campaign here bitcar.io/bounty

Invezz NEWS: http://invezz.com/news/crypto/28641-upcoming-ico-bitcar-races-onto-the-blockchain

Upcoming ICO: BitCar Races Onto the Blockchain
The BitCar ICO decentralizes the exotic car market so that through tokenization even the non-wealthy can profit from the increase in value of these vehicles.

When you purchase a new automobile, the value of that vehicle begins to decline as soon as you drive it off the dealer's lot. Apparently, that's not the case with exotic vehicles, such as Ferrari, Lamborghini, etc., and the BitCar ICO wants to give the cryptocurrency community a way to profit. They've created a way for buyers of its coin to own a fraction of an exotic vehicle, without all of the usual responsibilities such as titling, insurance, etc., and benefit from the rise in the value of the asset. BitCar has decentralized luxury car ownership so that it's no longer just accessible for the very wealthy, and the upcoming ICO will launch sometime in 2018.

The development of the Bitcar platform and underwriting expenses will cost somewhere in the neighborhood of USD 10 million. The starutp intends to direct the proceeds from its upcoming ICO primarily across underwriting exotic vehicles and software engineering with the balance going toward legal expenses, marketing, etc. 

Fractionalizing Super Cars
The way that it works is Bitcar "fractionalizes" the exotic cars on its platform into Ethereum smart contract-driven asset tokens dubbed car tokens whose name reflects the car make and model, such as the Ferrari F40 token, according to the company's blog. These fractionalized tokens can then be purchased with the Bitcar token. The blockchain, the company says, gives token holders the ability to hold or trade their fractionalized tokens.

Read full article here: http://invezz.com/news/crypto/28641-upcoming-ico-bitcar-races-onto-the-blockchain

BitCar Bounty Campaign Officially Announced

Bounty Supporters will be rewarded with 1,500,000 BITCAR Tokens Share from Upcoming Token Generation Event
BitCar, the #Revolutionary Exotics Trading Platform has officially announced its Bounty Campaign to reward supporters of their upcoming Token Generation Event (TGE).

In a world first, BitCar allows fractional ownership of Exotic Hyper Cars with a decentralized peer-to-peer trading platform. The BITCAR token allows users to access the platform, escrow tokens in their account and for real usage on the platform for MSI (Maintenance, Storage & Insurance) of cars, and peer-to-peer trading with a secondary asset token representing individual Exotic Hyper cars on the platform.
To learn more about how BitCar works, click this link.

Bounty Rewards
Participants will earn Bounty Reward Points for supporting the Token Generation Event via social media (Facebook and Twitter), content creation related to BitCar and forum participation on Bitcointalk.

The Bounty Campaign Breakdown for reward points is:



Read our Bounty Campaign Paper to review all the Bounty rules and how they apply to involvement in the Social Media Bounty Campaign, BitCoin Talk Bounty Campaign and Content Creation Rules for the BitCar Token Generation Event. https://bounty.bitcar.io/media/BitCarBountyPaper.pdf

Plus find how the Bounty Reward Campaign points are calculated and awarded.

How to Register for the BitCar Bounty Campaign

Bounty Participants must register in our Bounty Registration system. The Bounty Registration requires:

(a) An email account,
(b) An Ethereum address to receive Bounty Rewards in BITCAR Tokens (ERC20); and
(c) The relevant Social Media details.

The Bounty Participants must provide at least one of the following Social Media, Bitcoin Talk or Content Creation details, to participate in the Bounty Campaign:

(a) Twitter username;
(b) Facebook username (Facebook App authorization is also required);
(c) Bitcointalk profile link; and/or
(d) a link to a non-social media content creation (eg. blogging or articles) platform.

All registrations must be made at: https://bounty.bitcar.io.

BitCar, Crypto & Blockchain — Sheree Ip Live at Crypto Health Retreat, QLD
Watch Video here: https://medium.com/bitcar-mag/bitcar-crypto-blockchain-sheree-ip-live-at-crypto-health-retreat-qld-d86d20bb2e9f

Sheree Ip, Legal & Blockchain Development at BitCar presents live at Crypto Health Retreat in Qld, 8–10th December, 2017. Hosted by Paul Seils, Cryptomasterminds and sponsored by PSA.

In this live session, Ip discusses how BitCar evolved and how it tokenizes the Asset Class of Classic and Rare Cars.
How Classic Cars retain their value better than property and gold over the last 10 years.
Ip introduces the team behind BitCar, including Peter Briggs one of the top advisors.

Extract from Live Presentation:

Exploring Art Classes Tied to the Blockchain
IP — BitCar evolved by looking at certain asset classes like Art, Wine and rare cars and how to tokenize them as an Asset on the blockchain with cryptocurrency.

BitCar tokenizes Exotic Cars allowing fractional ownership of a car. For example, you could potentially own a Bugatti Veyron.
BitCar is a peer-to-peer decentralized trading platform. Each car is represented by its own car token, once its tokenized on the platform.

BITCAR is a ‘Utility’ token, we’ve got that ruling in various jurisdictions already.

Ongoing Bounty Campaign — The Gamification Aspect
As part of marketing, there is an ongoing Bounty system providing rewards in tokens. A special reward of a Lamborghini Huracan will be awarded to the Top Person on the Leaderboard, who markets and builds the community within the platform.

So we have a full gamification aspect to the platform.

Trading in Exotic Cars
In this live interview, IP covers how to trade in Exotics on the platform and the expected timelines according to the Whitepaper Roadmap.

Full video recording and interview here: https://medium.com/bitcar-mag/bitcar-crypto-blockchain-sheree-ip-live-at-crypto-health-retreat-qld-d86d20bb2e9f

Property Observer NEWS: https://www.propertyobserver.com.au/forward-planning/advice-and-hot-topics/79095-bitcar-allowing-people-to-park-their-crypto-tokens.html

Fractional ownership BitCar allowing people to park their crypto tokens

BitCoin has found his way into the real estate industry, with vendors prepared to take the currency, now its making waves in the automotive industry.

In a world first, the decentralized and revolutionary BitCar.io platform allows crypto space holders and traditional car enthusiasts to own and trade in exotic super cars in small fractions, with new BitCar tokens.

The cars include the likes of Lamborghini's, Ferrari's and Bugatti's.

The vehicles will be stored or displayed for up to 15 years to optimise their value.

Co-founded by Gov van Ek, Nuno Martins and John Bulich, BitCar believes that exotic cars serve the public well when exhibited in collections where the public can continuously enjoy them.

Perth's Peter Briggs, who at one point had 300 classic cars, is an advisor.

Briggs, the colourful West Australian property developer and mining entrepreneur, owned the first Holden prototype to be made in Australia, which was listed in 2013 for $1 million. It cost around $15,000 in 1980.

BitCar aims to disrupts exotic car ownership from just the privileged few and opens the asset class up to include the general enthusiast.

Automobiles are no longer considered as a mere mode of transportation, noted that according to AXA Art for the first eight months of 2017, 7,443 cars were sold at auction.

The annual sales for the past 12 months was 890m Euros with classic cars over the $1 million accounting for 40 per cent, of the market value.

Estimates for the total number of Ferrari’s made to date are 130,000, suggesting at an average price of $100,000 to $200,000, then the total Ferrari market stands at $13-26 billion.

"This is only one brand of targeted Exotics," Bitcoin notes.

The Sultan of Brunei, estimated to be worth $20 billion is said to have 6,800 Exotic cars, by far the largest collection in the world - including 452 Ferraris and 11 McLaren F1s.

Read full article here: https://www.propertyobserver.com.au/forward-planning/advice-and-hot-topics/79095-bitcar-allowing-people-to-park-their-crypto-tokens.html

Official Media Release: https://cryptonews.com.au/2017/bitcar-to-tap-crypto-car-enthusiasts-with-$26-million-ico



BitCar to tap crypto car enthusiasts with $26 million ICO

Australian blockchain platform BitCar is seeking to raise AU$26 million in an Initial Coin Offering (ICO) aimed at cryptocurrency car enthusiasts.

Exotic cars such as Lamborghinis, Ferraris and Bugattis will be acquired by BitCar and stored or displayed for up to 15 years while they appreciate in value.

The cars will be tokenised and investors will be able to park their crypto in BitCar tokens, which can be traded on the decentralised Blockchain platform.

“Exotic cars have been one of the world’s best performing asset classes over the past decade, outperforming property and gold. BitCar is giving ordinary people an opportunity to gain exposure to these high performing assets,” said BitCar co-founder Gov Van Ek.

BitCar has been established by Perth-based Ledger Assets.

“We have a proven track record in the development of disruptive technology that challenges traditional business models. With BitCar we wanted to make luxury car ownership accessible to everyone, not just the uber wealthy,” said Mr Van Ek.

Verified agents will source, acquire and store the exotic cars for a period of between 5 and 15 years, at which point they’ll be sold and the asset appreciation distributed amongst token owners.

“It’s a bit like collecting art, only the picture of your car is on your screensaver, not in a gallery. It’s the only collectible asset class that can’t be faked, which is why we saw it as the lowest risk,” said Mr Van Ek.

BitCar is working with ASX-listed DigitalX - the corporate advisor for the ICO. DigitalX will connect BitCar to its global network of cryptocurrency investors.

BitCar will be issuing up to 250 million in the token sale, which will open on December 16.

For more information go to www.bitcar.io

BitCar COINTELEGRAPH NEWS: https://cointelegraph.com/news/wanna-have-a-crypto-lamborghini

One of the most fun parts of the recent BlockShow Asia 2017 was meeting new great Blockchain-powered companies driving the industry in the APAC region; so was BitCar, a Singapore-based project which implements quite an innovative concept - peer-to-peer ownership of exotic cars. The Cointelegraph team had a chance to chat with Gov Van Ek, the co-founder and Sheree Ip, legal & Blockchain development head at BitCar, about Singapore, reading and how the things were different back in 2013.

However, all the chats with company representatives came after the main part of the conference - in which BitCar were directly and so actively involved.

Hong Kong, Singapore and yellow Lamborghini
The recent conference wasn’t the first collaboration experience for BlockShow and BitCar. A couple of months earlier, Sheree Ip also joined the BlockShow meetup in Hong Kong, where she took part in Regulatory Panel Session and also gave a brief interview afterwards. The location of the BlockShow Asia main conference - Singapore - seemed good for the BitCar team: not only because of the city’s status of one of the biggest global business hubs but also because of the location of the BitCar itself. Gov Van Ek, co-founder of Bitcar, said:

“We chose Singapore specifically for BitCar. The talent pull here is very high, the education system is fantastic, and also everything from the monetary authority of Singapore through to other regulates and the community itself is becoming increasingly supported with high-quality fintech and ICO companies, so that’s why we feel confident in basing ourselves in Singapore and setting up our company here. We think it’s a great environment here.”

BitCar managed to draw everyone’s attention the day before the conference - all because of the yellow Lamborghini car which was clearly supposed to become the main attraction of the company’s exhibition space. It already became clear back then that the company really got prepared for the event.

And it turned out to be true. Apart from being one of the biggest BlockShow exhibitors, it’s hard not to mention the contribution BitCar brought to the conference programme. Thus, in the first day of BlockShow Gov Van Ek shed some light on BitCar activities and provided his rich insight on Fractional Ownership of Exotic Cars - an innovative concept developed by the company. In his speech, performed from the main stage of the event, Gov Van Ek explained the company’s vision of exotic cars as not just a piece of art, but a high-class asset. He explained his point of view with several examples, also expressing his regret for this asset not being properly explored in some parts of the world:

“Right now in China there is still a ban on importing this kind of cars, and it’s only matter of time before it opens up and there are thousands of millionaires who are going to want to get involved in that asset class, so this asset class is really exciting - that’s what we think.”

Read the full article here: https://cointelegraph.com/news/wanna-have-a-crypto-lamborghini

just a suggestion to the participant, if you've read everything on this telegram, you know the news will be out this week. many projects are in use. telegram for the announcement of the project. as did the project. so read every telegram you follow carefully so you do not miss out on their announcement

Hi everyone! Just added BitCar ICO to my website https://concourseq.io/Q/BitCar. ConcourseQ is a collaborative due diligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! PS: If you have any questions about filling in the info, feel free to ask us in our discord group: https://discord.gg/j8RBAwB

You're selling car by bitcar token , but who will accept this kind of payment ? haha good luck then

Really like the idea of this and think it has real merit. I'm just wondering under what circumstances this may occur
"Make Good BITCAR : Should a user not have enough BITCAR to cover MSI and other costs, then a make good request will be issued for the user to add additional BITCAR to their wallet"
If BITCAR has been allocated for this purpose in the purchase price then what will trigger the make good request.

Thanks