TrustedCars Flex ICO (FLEX)

Changing Car Ownership Forever


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, 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. 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.

Platform
4.8

by expert rating and reviews


4.8
ICO PROFILE
TEAM
VISION
PRODUCT
Ended
Token FLEX
Platform Ethereum
Price 1 FLEX = 0.056 EUR
Country Germany
ICO Start Date 14 May 2018
ICO End Date 22 May 2018

About TrustedCars Flex

TrustedCars is an  Award-Winning German Company that is changing Car Ownership forever by turning dealerships into mobility providers and offering customers a commitment-free, all-inclusive and affordable way to own a vehicle without ownership responsibilities.

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, 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 turning dealerships into mobility providers without any upfront.

We are a Germany based company which has won several awards and was classified as an innovative company by the German Federal Office of Economics. We already have an established business and a functioning platform which goes beyond a vision and a roadmap. TrustedCars launched two years ago and has an operating business with a successful product.

Team

Simon Toprak member of TrustedCars Flex ICO
Simon Toprak
Founder, CEO
Sascha Vorderstemann member of TrustedCars Flex ICO
Sascha Vorderstemann
Founder, CTO
Hendrik Erl member of TrustedCars Flex ICO
Hendrik Erl
Head of Sales & Operations
Eugen Kasjanov member of TrustedCars Flex ICO
Eugen Kasjanov
Head of Development
Denny Vieweg member of TrustedCars Flex ICO
Denny Vieweg
Head of Front-End Development
Paul Scott member of TrustedCars Flex ICO
Paul Scott
Advisor
Christoph Koeth member of TrustedCars Flex ICO
Christoph Koeth
Advisor
Ian Scarffe member of TrustedCars Flex ICO
Ian Scarffe
Advisor
Thomas Hierl member of TrustedCars Flex ICO
Thomas Hierl
Advisor
Alexander Kohles member of TrustedCars Flex ICO
Alexander Kohles
Advisor
Thomas Drechsel member of TrustedCars Flex ICO
Thomas Drechsel
Advisor
Stefan Hessler member of TrustedCars Flex ICO
Stefan Hessler
Advisor
Sami Toprak member of TrustedCars Flex ICO
Sami Toprak
Advisor

Milestones

  • 1

    October 2015

    TrustedCars founded – with the vision of bringing online-shopping as a major part of modern society on to the automotive industry.

  • 2

    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

  • 3

    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.

  • 4

    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.

  • 5

    May - July 2018

    TrustedCars FLEX Token Sale.

  • 6

    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.

  • 7

    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.

  • 8

    2nd Half 2019

    - Concrete plans set and ready to expand to UK, France, Italy and Spain. Including Multi-Language support.

  • 9

    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.

  • 10

    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).

Financial

Token Sale Info
Token FLEX
Token Type ERC20
Platform Ethereum
Price in ICO 1 FLEX = 0.056 EUR
Tokens for Sale 520000000
Investment info
Accepting ETH, BTC, Fiat
Distributed in ICO 65%
Soft cap 100,000,000 FLEX
Hard cap 520,000,000 FLEX

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