Why will the token price go up? E.g. car price goes down as it depreciates..
You will get car shares in exchange of CAR tokens. The tokens are not tied to the car shares which you have bought. We are working on how we will provide the car shares to the participants. At the moment it looks like we will issue a new token for every car we provide to the marketplace. So you get as an example "Audi A3 ID3212" tokens in exchange of your CAR token. The advantages of providing a new token is that everything is visible in the blockchain. The only accepted payment method to buy car shares on our marketplace is our CAR token.
We will provide the CAR tokens we will get in exchange of the car shares back to an exchange that they are back in circulation. When we are better known and everybody can see that our platform works more people want to buy car shares and then the demand for the token will rise.
We will update our Whitepaper and the announcement thread this week, that everybody has a better understanding how it will works and what future applications could be.