Crypto Autos
The crypto community doesn't always find it easy to spend their cryptocurrency in the real world. There are barriers between web3 and fiat currencies that need to be overcome, including issues with legalization, technical difficulties, and transaction costs, which are typically high in the traditional banking sphere. This is especially true for large purchases like luxury cars.
The automotive industry is not yet ready to adapt to the new realities of web3, as car dealerships do not offer opportunities to pay for a car purchase with cryptocurrency.
The Crypto Autos project is created to connect car dealerships with customers worldwide and eliminate all obstacles to purchasing a dream car using crypto payments.
The project founders know how to do this because they have been working in the automotive industry for over 30 years, selling luxury cars to clients worldwide.
Crypto Autos is a secure automotive platform for the crypto community, allowing its successful members to easily purchase luxury cars.
- Car search using artificial intelligence and personalized recommendations
- Risk-free, secure, and transparent transactions
- Integration with blockchain technology for trustworthy and verifiable transactions
- A user-friendly and intuitive platform interface
- Reliable banking services for instant settlements
- Choose your dream car: Explore a vast selection of over 20,000 cars on the Crypto Autos website's listings page.
- Personal concierge service: Communication via email, WhatsApp, or phone. Crypto Autos guides the client through the purchasing process and arranges test drives. Once the suitable car is chosen, you can reserve the vehicle.
- Flexible payment options: The car is paid for with any chosen cryptocurrency, and Crypto Autos handles the transactions with the dealership.
- Receive the car: Pick up your car from the dealer for the final handover. The happy buyer drives away in their dream car.
Why the Crypto Autos model is in demand:
In today's crypto community, the role of key opinion leaders (KOLs), bloggers, and influencers is crucial. Crypto Autos promotes the sale of luxury cars through popular and influential influencers, many of whom already have agreements signed and are ready to showcase their own car purchases, turning it into a show.
Crypto Autos is not just a marketplace—it's a kind of exclusive club for young successful crypto traders, influencers, and anyone aspiring to become wealthy through web3 technologies. The crypto community wants to live more freely and have more opportunities to use their funds with on-chain tools. And Crypto Autos provides them with that opportunity, focusing not just on selling cars but on building and developing a community.
"Young people love Lamborghinis, especially those who are ready for high-risk, high-return situations. Lamborghinis are associated with a youthful way of accumulating wealth." — Lamborghini CEO Stefano Domenicali.
Crypto Autos pays a lot of attention to creating such an elite community and demonstrating its values.
Successful representatives of the crypto community reject outdated values and the dominant social order. They live in a world of luxury but adhere more to an aesthetic and modern concept of wealth rather than excessive showiness and glitter. Risk-taking, rebellious spirit, and non-recognition of traditional ruling circles reflect the worldview, philosophy, and values of this elite crypto community. And Crypto Cars strives to speak their language.
Platform:
The unique infrastructure connecting dealers with the crypto community through the car marketplace:
- The world's first car marketplace for the crypto community.
- A simple, intuitive, and user-friendly platform.
- A digital hub for the elite crypto community.
- Strong banking connections for quick settlement of deals with dealerships.
- Statistics:
- Over 600 partner dealers.
- More than 20,000 cars available for purchase.
- Obtained a license as a Virtual Asset Service Provider (VASP).
Market size of the automotive industry
The global automotive market capitalization: $4.17 trillion.
Of this, the crypto car market is potentially valued at $1 billion, of which the actual volume is currently only $53 million — there is significant growth potential.
Transactions range from $3,500 (Fiat 500) to $4.4 million (Lamborghini/Ferrari).
In addition to car sales, the platform will offer:
- Purchase of personalized license plates
- Rental of luxury cars with cryptocurrency payments
- AI-based recommendations
- Car customization
Development prospects for the project:
As the community grows, Crypto Autos envisions expanding opportunities to build a global elite club that extends beyond the automotive market, offering luxury items such as watches, villas, VIP tickets, and exclusive tours.
Crypto Autos aims to create a global network of personalized crypto concierge services that support the lifestyle of the elite crypto community in the most convenient and best possible way. Leveraging their experience in the automotive and crypto industries, the project's team is creating a service that embodies the future.
Team
The team behind Crypto Autos consists of crypto enthusiasts, blockchain industry experts, and passionate car enthusiasts:
- Harley Foote - Co-founder and CEO
- An entrepreneur who has successfully sold his financial and crypto startups multiple times.
- Responsible for launching and marketing over 100 tokens.
- Manages global financial strategy and connections within the crypto community.
- Previously served as the CEO of Nordic Velo, a market maker, and later became the Executive Director at G-20, led by a top market maker.
- Drives a Lamborghini Urus.
- LinkedIn Profile: Harley Foote
- Mustansar Iqbal - Co-founder and Business Development
- Brings six years of experience in the fintech industry and crypto payment instruments.
- Has a decade-long background in the automotive industry.
- Founder of AutoCoinCars, acquired by Crypto Autos to leverage their developments in platform development, with Mustansar becoming one of the co-founders.
- Drives a Porsche 911.
- LinkedIn Profile: Mustansar Iqbal
- Wakas Ali Nizam - Co-founder and Chief Operating Officer
- With 16 years of experience in the automotive industry, he is a serial entrepreneur and successful marketing expert with extensive connections in the crypto community.
- Responsible for marketing in projects like volumint.io and emeraldco.io.
- Drives a GTR Nismo.
- Twitter Profile: Wakas Ali Nizam
- Peter Ricci - Co-founder
Investors
The investors behind Crypto Autos are primarily the co-founders themselves, who have extensive connections within the crypto community. They have chosen a path of development without seeking investment from traditional venture capital funds. Projects attract investors for two main reasons: they need money and connections, both of which the founders possess.
The co-founders invest their own money and do not rely on borrowed funds. They possess all the necessary connections and expertise in marketing and project launches. They sell allocations in the project exclusively to major influencers and those they know personally.
Personal connections have predetermined the cooperation with this project and have allowed them to obtain exclusive conditions in the private round. The founders themselves will be responsible for promoting their project, its launch, and marketing since all competent specialists are already within the team. All they need is PR and marketing, for which they attract top bloggers and influencers.
Token Utility
The utility of the $AUTOS token includes:
- Staking: $AUTOS is used for staking to earn income from a diverse portfolio of cars, including rental, sale, and fractional ownership, offering competitive annual percentage yields.
- Increased Staking: Increasing $AUTOS staking leads to higher returns and earnings.
- Portfolio Tracking: It's easy to track the portfolio value through the staking platform on the website, with monthly audits for transparency and trust.
- Expansion of Utility: As the number of token holders and stakers increases, the expert team will expand utility to improve portfolio performance.
- Minimum Token Price Stability: The minimum token price is directly linked to the portfolio value, ensuring stability and reflecting the team's initial contribution of $1,000,000 to create sustainable value.
- Major token holders have the option to receive dividends not in tokens but in the form of a car, which will be delivered free of charge to any location worldwide.
Tokenomics
Two rounds will be conducted, with the most favorable conditions for attracting community attention offered to influencers (KOL). Participants in the KOL round receive tokens at: $0.010
Price for DAO and angel investors: $0.015, distributed based on personal connections among familiar angel investors.
Thanks to our connections, we were able to obtain the same conditions as influencers. The round is based on a very low valuation of $10 million.
The token price for the Public round will be: $0.030
TGE is scheduled for late May - early June 2024.
The IDO will be held on the Fjord Foundry launchpad, followed by listing on top exchanges such as Mexc, ByBit, and KuCoin.
Social networks & links:
🌐 Website: https://www.cryptoautos.com/
💻 Презентация: https://bit.ly/Crypto-Autos
🐦 Twitter: https://twitter.com/CryptoAutos_
💻 Telegram: https://t.me/CryptoAutosOfficial
Crypto Autos is a highly intriguing project with relevant narratives such as RWA (connecting crypto and real-world assets) and DePin (decentralized management of physical infrastructure). It represents a platform for car sales with cryptocurrency payments and an elite crypto community of luxury car enthusiasts, with the prospect of expanding into a broader spectrum of crypto concierge services.
Backed by strong founders with significant connections in the crypto industry, the project offers favorable round conditions, imminent project launch, and listings. We highly recommend considering adding this promising and potentially in-demand project to your crypto portfolio.