BitCar Co-founders Gov van Ek, and John Bulich will be greeting some of the thousands expected at the Goodwood Festival of Speed event later this week and showing how they can fractionally own a stake in a half million-dollar collector edition Ferrari 599 GTO on display. Having recently announced its mainnet launch on May 6th […]
Singapore 10 March 2018 – Blockchain company BitCar.io has announced a gear change in its business model, giving BITCAR token holders the chance to trade their way to full ownership of the platform’s top-end exotic vehicles.
Similar to some other cryptocurrencies, BitCar uses a dual token system, meaning people can buy BITCAR tokens and then use this to acquire CAR tokens representing individual exotic cars on the BitCar platform.
The BitCar platform is designed to allow CAR token holders to peer-to-peer trade their tokens with others at any time, which BitCar hopes will grow into a large live marketplace over time.
Singapore January, 2018 – Blockchain company BitCar.io has sold SGD 6.5 million of BITCAR tokens in its pre-ICO, amid strong interest for its exotic car pegging and trading platform.
75 million BITCAR tokens were purchased in the pre-ICO with up to a maximum 175 million tokens being made available in the company’s ICO, which begins 31 January at 3 P.M Singapore time.
Singapore headquartered BitCar is developing its Blockchain platform that will facilitate cryptocurrency payments for fractional ownership of highly collectible hyper and classic cars.
BitCar co-founder Dr. Gov Van Ek said: