TrustedCars Flex

TrustedCars Flex

Created using Figma
Created using Figma

Last Update

Aug 1, 2018

Trusted Car · Flex is a platform that changes the ownership of the innovative mobile service provider's automobile and dealer network and provides a competitive, comprehensive solution to customers.
  • Market
    Volume 24H
    24H (price)
    24H (volume)
  • FEX
    FLEX/ETH one month ago
    $ 0.0175
    $ 1.40
Main Sale
Sep 17, 2018
Oct 31, 2018
100% completed
$5 000 000
20% goal completed
Goal 25 000 000.00 USD
Cap 25 000 000.00 USD
  • 1 FLEX
    0.07 USD
Pre Sale
May 23, 2018
Aug 18, 2018
100% completed
$2 000 000
100% cap completed
Goal 2 000 000.00 USD
Cap 2 000 000.00 USD
  • 1 FLEX
    0.7 USD
Token Details
Total supply
Token Distribution
Initital Price:
1 FLEX = 0.07 €

Min. pledge:
700 FLEX

Total for sale (Hard Cap):
520,000,000 FLEX (65%)

Soft Cap (reached):
20,000,000 FLEX

65% - Crowdsale
15% - Dev&Expansion
12% - Founders & Team (2-year lock-up)
4% - Advisory & Legal (min. 1-year vesting)
4% - Bounty
Accepted Currencies
Min Contribution
Company Details
Registered Country
Bonus Structure
till 17th September - 25% Bonus
24th September - 15% Bonus
1st October - 10% Bonus
8th October - 5% Bonus
Additional Details
Yes ,

About TrustedCars Flex

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. TrustedCars Flex makes it possible.

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 an affordable, all-inclusive and commitment-free 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 investments.


TrustedCars already has 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.

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.



Not only the whole automotive industry with its one-time vehicle purchase and ownership model is antiquated but the payment system as well. 

Payment in this industry is presently not secure and one of the parties always has to make payment or settlement in advance and take some risk. Furthermore there is no real incentive to bring the car back in a good condition.

The TrustedCars Flex payment system uses decentralized blockchain technology with smart contracts to process payments, which guarantees safe transfer of funds and removes the need to trust a single party with the funds. The decentralized payment system combined with our tokenized reward system will let everyone involved in the TrustedCars Flex ecosystem earn and spend TrustedCars Flex Tokens (FLEX) whithout the need for an unreliable single intermediary or the effort and costs of wiring small amounts in different currencies across the world.

Technical Info

Token Utility/Function 

TrustedCars Flex Tokens (FLEX) will help us to build a system of incentives and rewards to bring more efficiency in this malfunctioning industry.

Some use cases for the TrustedCars FLEX coin:


Dealerships use Tokens as part of their reward system.

Customers earn Tokens for: 

  • Returning the vehicle in a good condition (no scratches or dents and clean)
  • Loyalty (renting frequently and/or for long periods)
  • Organising and providing test drives

In addition dealerships use Tokens to pay the TrustedCars Flex commission for successful transactions and for other services provided by TrustedCars, for example Premium Listing, Advertising and additional promotion.


Customers use Tokens for:

  • Payment of the vehicle fee
  • Upgrade of the vehicle
  • Special offers and discounts as a Token holder
  • Test-drives


TrustedCars uses Tokens as part of a reward system:

Dealerships receive FLEX Tokens for:

  • being most active/offering best deals: based on number of transactions;
  • for great customer service: based on ratings

Customers receive FLEX Tokens for:

  • Feedback (ratings and reviews)
  • Refferals

TrustedCars Flex Roadmap

  • October 2015

  • TrustedCars founded – with the vision of bringing online-shopping as a major part of modern society on to the automotive industry.
  • 2016

  • Februar 2016:
    - Seed Financing

    June 2016:
    Launch of

    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.
  • 1st Half 2017

  • April 2017:
    Relaunch of - with very high level of automation for the quick upload of cars through the implementation of a dealership-interface and the DAT database.

    Seven Digit Series A Financing
  • 2nd Half 2017

  • TrustedCars became 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.

    September 2017:
    Participation at IAA as an Exhibitor – the largest Fair for mobility and the automotive industry in the world.
  • Read More
  • 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 carwash, 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 Tokens).


28 493
31 376
13 534
13 595
Fake Users Detected:
30 Days Growth:

TrustedCars Flex Materials

TrustedCars Flex Team

Verified 100%

Simon Toprak
Sascha Vorderstemann
Eugen Kasjanov
Head of Development
Denny Vieweg
Head of Front-End Development
Hendrik Erl
Head of Sales


Verified 67%

Attention. There is a risk that unverified members are not actually members of the team

Alexander Kohles
Advisor Marketing & Pricing

77 ICOs

$514 057 848

Ian Scarffe
Leading Expert in Blockchain and Cryptocurrency


$7 390 000

Paul Scott
Blockchain and Big-Data Expert
Christoph Koeth
Key Account Manager Europe - Mercedes Benz Connect...
Thomas Hierl
Ecommerce and Logistics Expert
Stefan Hessler

TrustedCars Flex Interviews

Simon Toprak
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am the Founder & CEO of TrustedCars and a huge car enthusiast.
I have a Master’s Degree in Management (M.Sc.) with a major in Finance and Innovation Management from the top rated German and French Business Schools University of Mannheim and ISC Paris. Before becoming an entrepreneur and founding TrustedCars, I worked as a management consultant for several years and was responsible for various projects at major banks and car manufacturers.
if you have any questions about how we want to change the car industry forever please do not hesitate to contact me.
Alexander Kohles
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Marketing, Sales and Pricing Expert (PhD Studies at the Chair of Business-to-Business Marketing, Sales & Pricing at University of Mannheim)
Sascha Vorderstemann
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Amazing idea! We implement the project.
Eugen Kasjanov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Project Development
Denny Vieweg
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am the Head of Front-End Development. I already created front end designs and apps for various successful and famous online stores and websites but TrustedCars is for me the most special project since it has the potential to change one of the most broken industries in the world.
Hendrik Erl
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
With petrol in the blood since i can remember i am responsible for all our car dealer partners.

Looking forward to offer car dealers and customers a completely new mobility solution.
Paul Scott
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I provide strategic advice in the areas of Whitepaper design & audit; commercialization strategy; Blockchain use-case design and implementation and contributor relations.
Christoph Koeth
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I support the founders and the team with my experience in IT start ups and the car industry.

It is a great idea and very promising project, that will change the industry!
Stefan Hessler
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am a legal advisor and i think it‘s a great Project and a fantastic idea!

TrustedCars Flex Last News

$ 0.0019
Coin Stats
Daily, %:
Weekly, %:
Monthly, %:
Market Info
Market Cap:
Volume 24h:
Circ. Supply:
ICO profit
X 0.0049
ICO Price~$0.3850

TrustedCars Flex Reviews

Samson Owiti
Cryptotrader, Crypto investor, Blockchain business expert


This is a platform that changes the car ownership and dealership into innovative mobility providers while offering the customers with commitment-free and all-inclusive and affordable solutions.


  • Flexible: The platform enables the users to return or swap their cars anytime at their own wish without any long term contract  enabling them to drive vehicles of their choice
  • Low weekly payment: The users  benefit from the platform use as the transparent fair  pricing with no hidden costs enables them to easily  acquire different models of vehicles with a short contract
  • Hassle-free: The platform is very convenient  and risk free as  it  use eliminates uncertainties with purchase, financing, insurance, repair or maintenance
  • All-inclusive: The users  are able to  pay for the several associated services  that come with owning a car i.e. insurance, warranty, taxes  and maintenance easily  without incurring extra expense
  • The platform has a well developed mobile application in which they can easily enjoy the platform services by freely signing up  without any restrictions
  • The  platform has  an adequate team involved in its formulation  with relevant skills through the guidance of the CEO  Simon Toprok  who has many years experience in management
  • The use of smart contract and  block chain technology  enables the users to securely transfer funds  faster  hence improving the efficiency of the  platform


  • The FLEX token is not easily exchangeable with the commonly used crypto currencies and fiat hence limiting the platform use
  • The  platform FLEX token use is limited within the platform only and cannot be used for other purchases outside the platform
  • The FEX  token suitability to raise adequate funds for the project implementation is not tested at the pre-sale stage


  • The FLEX token should be made easily exchangeable with the other crypto currencies and fiat to enable the users across the globe make payments with their favorite currency
  • The FLEX token should be involved in the pre-sale stage to raise adequate funds necessary for the project implementation


The platform revolutionizes the car ownership   and providing all-inclusive and affordable solution to the users enabling them to easily own a vehicle of their desire. This motivates me ti invest in the project as many people have the desire to drive different cars.

Read More
Jeremy Khoo
Group CEO | Blockchain Entrepreneur | VeChain ICO Partner | Fund Partner | Exchange Founder |

Interesting use of the blockchain with identity tracking - this time for vehicles. Commercial viable, although there are obstacles to true adoption here. Execution on the roadmap would be key.

Read More
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