TrustedCars Flex

TrustedCars Flex

Created using Figma
Created using Figma

Last Update

Aug 1, 2018

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
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • FEX
    FLEX/ETH 9 months ago
    $ 0.0175
    $ 1.40
    -
    -
Main Sale
Sep 17, 2017
Oct 31, 2017
100% completed
$5 000 000
cap
goal
200% cap completed
Goal 2 500 000.00 USD
Cap 2 500 000.00 USD
past
  • 1 FLEX
    =
    0.07 USD
Pre Sale
May 1, 2017
Jun 30, 2017
100% completed
$2 000 000
cap
goal
1000% cap completed
Goal 200 000.00 USD
Cap 200 000.00 USD
past
  • 1 FLEX
    =
    0.7 USD
Token Details
Ticker
FLEX
Total supply
800000000
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
ETH, BTC
Min Contribution
50
USD
Company Details
Registered Country
Germany
Bonus Structure
till 17th September - 25% Bonus
24th September - 15% Bonus
1st October - 10% Bonus
8th October - 5% Bonus
Additional Details
MVP/Prototype
Yes
Platform
Ethereum
Whitelist
Yes ,
KYC
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. Flex makes it possible.

With Flex you can choose any vehicle you want from the available inventory of participating car dealers within the 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.

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.

  

Features

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.

Technical Info

Token Utility/Function 

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

 

TrustedCars Flex Roadmap

  • 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.

Activity

Activity:
280
HIGH
Posts:
709
HIGH
Views:
28 731
VERY HIGH
Activity:
280
HIGH
Merit:
0
VERY LOW
Posts:
733
HIGH
Views:
31 571
VERY HIGH
Users:
124
MEDIUM
Followers:
961
LOW
Tweets:
248
MEDIUM
Fake Users Detected:
85.15%
30 Days Growth:
-1

TrustedCars Flex Materials

Advisors

Verified 50%

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

78 ICOs

$525 625 031

Ian Scarffe
Leading Expert in Blockchain and Cryptocurrency
unverified

5 ICO

$7 390 000

Paul Scott
Blockchain and Big-Data Expert
verified

Former members

Simon Toprak
CEO
Sascha Vorderstemann
CTO
Eugen Kasjanov
Head of Development
Denny Vieweg
Head of Front-End Development
Hendrik Erl
Head of Sales
Christoph Koeth
Key Account Manager Europe - Mercedes Benz Connect...
Thomas Hierl
Ecommerce and Logistics Expert
Stefan Hessler
Legal
Alexander Kohles
Advisor Marketing & Pricing

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!
$ 0.0019
Coin Stats
Daily, %:
Weekly, %:
-73.22%
Monthly, %:
Market Info
Market Cap:
Volume 24h:
Circ. Supply:
0 FLEX
Ticker:
FLEX
ICO profit
X 0.0049
ICO Price~$0.3850

TrustedCars Flex Reviews

Samson Owiti
Cryptotrader, Crypto investor, Blockchain business expert

TRUSTED CAR FLEX

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.

PROS:

  • 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

CONS:

  • 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

SUGGESTIONS:

  • 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

NOTE:

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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