TrustedCars Flex

Active (crowdsale)
Turning dealerships into innovative mobility providers while offering customers a flexible, all-inclusive and affordable solution.

Whitepaper Project Demo

3.9
Rating

Sale Ends in

-83Days -3Hours -17Minutes -33Seconds

Pre-Sale: 23 May 2018 - 12 Aug 2018
Main Sale: 17 Sep 2018 - 31 Oct 2018

Token Price

1 FLEX = 0.08 USD

Symbol
FLEX
Platform
Ethereum
Type
ERC20
Decimals
Total Supply
800,000,000 FLEX
For Sale
520,000,000 FLEX
Softcap
1,600,000 USD
Hardcap
42,000,000 USD
Min. Investment
700 FLEX
Max. Investment
N/A
Whitelist
YES
KYC
YES
Accepts
ETH, BTC, Fiat
Incorporated in
Germany
Restricted in
USA, China, Iran, North Korea
Tokens Distribution
65% Crowdsale
15% Dev & Expansion
12% Founders & Team (2-year lock-up)
4% Advisory & Legal (min. 1-year vesting)
4% Bounty
Funds Allocation
30% Technology & Platform
35% Marketing
17.5% Expansion & Development
17.5% Admin & Operations

TrustedCars Flex was founded more than 3 years ago (June 2015) and has an established business and a successful product which has won several highly regarded awards.

Most recently named one of the most innovative and interesting Blockchain Projects in Germany by the Federal Ministry for Economic Affairs and Energy.

Imagine you can walk into your local car dealership, request the vehicle of your choice and drive it as long as you want, where no long-term contracts are required or hidden costs come as a surprise, and all for a low weekly payment.

With TrustedCars Flex you can choose any vehicle you want from the available inventory of participating car dealers within the TrustedCars Flex network, digitally sign for it in the app and you are ready to go. Drive the vehicle you like as long as you want and return it or swap for another vehicle anytime.

With our unique combination of technology expertise and deep industry relationships we have designed a solution that offers consumers a convenient way to own a vehicle without ownership responsibilities. In parallel we offer dealerships an additional source of income and access to a new generation of consumers.

TrustedCars Flex as a high-tech company helps dealerships move up the technology change curve, with an easy accessible all-in-one solution.  It takes a car dealer in excess of 100 days on average to sell a vehicle, with the related holding costs ($15 per day per vehicle). We provide a technological solution for dealers to resolve both sides of the income statement issue: increase in revenue and reduction in holding costs. Instead of vehicles taking space, they are on the road making money to offset inventory-financing and other expenses.

TrustedCars was founded more than 3 years ago and has an established business and a successful product which has won several highly regarded awards.

Most recently named one of the most innovative and interesting Blockchain Projects in Germany by the Federal Ministry for Economic Affairs and Energy.

Team Members
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
Leandra Bertino
Head of Marketing
Advisors
Christoph Koeth
Market & Rollout Manager Europe at Mercedes-Benz Connectivity Services
Ian Scarffe
Serial entrepreneur and leading expert in blockchain and cryptocurrency Industries
Thomas Hierl
E-Commerce & Logistics expert. Former CEO at two of the largest online pharmacies in Europe
Ilya Anikin
Managing and Investment director of VC Funds Sferiq Venture Capital Fund and Imperious Group
Prof. Dr. Hans-Hermann Dirksen
Professor for Business Law | Blockchain and Smart Contracts Advisor
Dr. Simon Hassannia
Head of Business Innovation at ATU, Germany's leading automotive service provider with over $1 bn. turnover
Kowa Shorida
Tax Consultant and Certified Public Accountant. Financial manager at one of the largest publicly listed tech companies in Europe.
Paul Scott
Leading expert in blockchain and cryptocurrency Industries
Stefan Hessler
Legal Advisor - Lawyer and Managing Partner at Kanzlei am Schillerplatz
Thomas Drechsel
Strategy Advisor with a PhD in Economics at LSE London and work experience at European Central Bank and German Central Bank
Alexander Kohles
Marketing and Pricing Expert. Ph.D. in Marketing at the Chair of Marketing at the University of Mannheim
Partners
DAT GROUP
DEUTSCHE BORSE VENTURE NETWORK
FINANZCHECKPRO
INTEC
CHECK24
DEUTSCHER AUTO DIENST
RBIX
SICHER BEZAHLEN
TUVRHEINLAND
ELIO
MYRACLOUD
FACT-FINDER
TUV NORD
CRYPTO VOUCHER
ID NOW
INDA COIN
  • October 2015
    TrustedCars founded – with the vision of bringing online-shopping as a major part of modern society on to the automotive industry.
  • 2016
    - Launch of TrustedCars.com
    - Establishment of various partnerships: with TUV for the inspection of used cars, with the largest bank for car-financing, with renowned car dealerships and with insurance & warranty companies.
    - Seed financing
  • 1st Half 2017
    - Series A Financing.
    - Relaunch of TrustedCars.com - with very high level of automation for the quick upload of cars through the implementation of a dealership-interface and the DAT database.
  • 2nd Half 2017
    - TrustedCars is one of the largest Online-Shops for cars in Europe.
    - More than 30,000 cars listed on TrustedCars in 2017, with more than 100 car dealerships participating.
    - Participation at IAA as an Exhibitor – the largest Fair for mobility and the automotive industry in the world.
  • May - July 2018
    TrustedCars FLEX Token Sale.
  • 2nd Half 2018
    - Development and integration of blockchain and smart contract technology.
    - Token listed on Exchanges.
    - Beta Launch with our existing car dealership-network in Germany.
  • 1st Half 2019
    - Official product launch in Germany. Release of iOS and Android App enabling customers to get a car with a few klicks on their phone.
    - Launch of payment system enabling users to receive and make payments in TrustedCars FLEX Tokens.
    - Translation of website into various languages.
  • 2nd Half 2019
    - Concrete plans set and ready to expand to UK, France, Italy and Spain. Including Multi-Language support.
  • 1st Half 2020
    - Expansion to the rest of Europe.
    - Extension of FLEX Tokens for payment of various automotive services, like car wash, parking and other vehicle related services.
  • 2nd Half 2020 and beyond
    - Expansion to USA and key cities worldwide.
    - Onboard advertisers and retailers to promote products using FLEX Tokens (Further value increase of FLEX).
Bonus Details
Sale Commission (Aff/Ref)
5%
Bounty Details
Total Budget = 4% in Total Supply
Campaign Share
Telegram
15%
Facebook
20%
Twitter
15%
Medium
15%
Bitcointalk
20%
Video Content
15%

Product

Data
Result
Product Differentiation
80%
Blockchain Utilization
50%
Whitepaper Presentation
85%
Roadmap
80%
MVP/Prototype
100%
79%

Business

Data
Result
Valuation
85%
Market Potential
80%
Competition
70%
Legal
100%
83%

Token

Data
Result
Token Usage
70%
Smart Contract
0%
Fundraising Goals
90%
Token Allocation
90%
Funds Usage
90%
68%

Team

Data
Result
Background of Management Team
75%
Team LinkedIn Profiles
94%
Team KYC
100%
Quality of Advisors
90%
Quality of Partners
80%
87%

Community

Data
Result
Size of Community
100%
Social Activity
75%
Marketing
40%
Support
100%
78%
0
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