Bitcar is putting Exotic Super Cars, Classics & Hyper Cars on the Blockchain
In Q4 2017 The Bitcar whitepaper was released and the TGE was planned, Since then we have seen the successful launch of the ongoing ICO which ends April 20th 2018, Bitcar has been voted as most successful and highly rated ongoing ICO of 2018 on many review sites.
Soon the updated platform will be released where trading of exotic super cars, hyper cars and rare collectable classics will be traded on a fractionalized asset management blockchain ledger using crypto currency ERC20 Tokens offering P2P trading of the cars using a Bitcar Token which can be used to purchase fractional ownership in the best performing asset class of the decade.
https://bitcar.io will facilitate the asset management through blockchain technology and with assistance from third party agents who will be responsible for the storage, care and maintenance of the vehicles, de registration, transportation and insurance admin.
Users will be able to choose which cars to trade by converting thier Bitcar Tokens to a Car Token, for example a Bugatti Coin, Ferrari Coin, Lamborghini Coin or a McLaren Coin and so on..., Once users have secured thier coins they can choose to trade or hold up to 5 years or more based on a voting system. Bitcar traders will also be able to trade their way to full ownership of an entire vehicle if they choose.
The updated platform is due to be released in the 3rd quarter of 2018 and live trading will be launched!
Bitcar Asset Tokenization is backed by real hard assets and according to the Knight Frank Investment Index, valuable automobiles have strongly outperformed gold, US stocks, private equity, REITs and some other asset classes.
Collectable Cars and Exotic Super Cars, Hyper Cars are rare and a desirable asset class and more of a luxury only to the super rich due to the high market value of such vehicles. Bitcar is a revolution that enables anyone to participate in Exotic Cars.
Check out this video
Gov van Ek - Future Vision of BitCar, BlockShow Asia
"Bitcar opens this market up to everyone regardless of their current financial standing or status with Bitcar Tokens being offered at a very low price during the initial coin offering."
Learn more about Bitcar here https://bitcar.io
Download the whitepaper and view the road map!
You can also check out the current stats and purchase tokens here https://mainsale.bitcar.io/
Paul Nulty,
Entrepreneur, Investor & Car Specialist.