"CrowDrive" gives every car enthusiast the opportunity to participate in his dream car

Januari 28, 2018

How It Works CrowdDrive

CrowdDrive will offer vehicles that are partially or fully available for participation. With participation, you have the right to get a share of the profits. Vehicles are presented with all necessary information on our site and in mobile applications.

If a car in which you are involved, resell or profit generated from rent or lease. These profits are shared among all partners and will be paid in ET, BTC or conventional currency. If a vehicle is sold, each partner gets a list of how the selling price is structured and how much profit we make on the sale.

Shares of purchased vehicles can be traded through our market. The only payment option for our market and for buying a stock of vehicles is a Car Token.

For holders of Token, any time can visit us in Switzerland and see our vehicle.

The problem

If you are a normal working person, it is almost impossible to get your dream car or sports car. Never think about it to make money by car.

The solution

With our car project, we give every car lover an opportunity to participate in his dream car, and earn money from him. You now have the opportunity to participate freely in our vehicles within your budget. Already from the $ 10 participation you are in. Of course the money you make is free to use. You can melt or participate in another car of your choice. The resulting profits are distributed monthly. According to Blockchain technology there is the possibility that many people can participate in the same vehicle. This technology offers a very high level of transparency with the widest possible anonymity of the participants. It is easy to trade stocks purchased through our market. The stock price of the vehicle is determined by the free market economy.

Purchase of shares of vehicle

Vehicle stock can be bought and sold via our market. It is important to distinguish between two categories. There is an offer from Crowddrive of the newly available vehicle and there is a stock offer already purchased from the token holder who wants to sell their shares. Purchase of shares is very easy through our site and from the third quarter of 2018 through our app with just a few clicks.

Offers are described in detail and all important information can be found in the offer. Crowddrive will provide a non-binding price estimate for the selling price and thus an approximate percentage increase. The method of payment for our market is Car Token. We try our best that there will always be a wide range of vehicles in our market and there are always new and promising cars available. Not always 100% of vehicles available to participate. This depends on the age, vehicle type, vehicle value and other factors. It is possible for CrowdDrive to compensate for potential losses.

Pre sale token

There will be a Pre Token Sale. In Pre Token Sale everyone can take part that wants to introduce more than 50 ETH in Token Sale. During Pre Sale, up to 20% of tokens are distributed to participants.

Sales Token

During Token sales, a maximum of 50% of tokens are distributed to participants. The Intelligent Contract only creates the CAR as much as necessary.

Token Distribution

Tokens are credited directly in the wallet. It is important that you only send Ether from the wallet that you hold the private key and support the token tokens ERC-20. The distribution of tokens is as follows: