Helbiz (PreICO)

An extremely interesting concept which has beenbacked up by a good vision as well. Leading it is a decent team and I look forward to seeing how this is developed.

There are plenty of signs for a strong proposition here: aggressive marketing and a white-label business model that should be able to adapt to a large array of types transportation, and which also incorporates user incentives and early partnership signatures.

However, our own feeling from our reading of the white-paper is that, if this project succeeds, it will be down to something more fundamental.

If insurance-brokers streamline and adapt their traditional pricing mechanisms to accommodate short-term transport hire in a price-competitive manner, and if Helbiz do crack the nut on how to grant access to private assets (cars, bikes, yachts – details are still lacking) in a cryptographically secure manner, then traditional transport ownership could find itself giving way to a culture of high-frequency short-term hire, particularly in areas of high urban density.

There are plenty of signs for a strong proposition here: aggressive marketing and a white-label business model that should be able to adapt to a large array of types transportation, and which also incorporates user incentives and early partnership signatures.

However, our own feeling from our reading of the white-paper is that, if this project succeeds, it will be down to something more fundamental.

If insurance-brokers streamline and adapt their traditional pricing mechanisms to accommodate short-term transport hire in a price-competitive manner, and if Helbiz do crack the nut on how to grant access to private assets (cars, bikes, yachts – details are still lacking) in a cryptographically secure manner, then traditional transport ownership could find itself giving way to a culture of high-frequency short-term hire, particularly in areas of high urban density.