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CarTaxi - World's First Blockchain-based Car Towing Platform


OVERVIEW, BUSINNESS MODEL & GOALS, ICO & INVESTORS BENEFITS

OVERVIEW
Blockchain technology is becoming more and more popular nowadays. People believe that blockchain technology could make everything safer, more transparent, and efficient.

CarTaxi (https://cartaxi.io) is logistics platform for evacuating and transporting cars, that integrates all tow trucks in one application. The company has been active operating in more than 20 cities in Russia.

The CarTaxi Company is backed by solid and professional team who are developing the business globally from offices in San Antonio (US), Moscow (Russia) and Hong Kong (China).

The CarTaxi company decided to expand the market globally and implement blockchain technology on their operation. They believe that blockchain-based services will bring efficiency for every act.

Becoming the world's first operating car towing platform on blockchain, gives a big opportunity to the CarTaxi company to disrupt the car towing businness and bring it to the next level organization, transparency and convenience.


BUSINNESS MODEL & GOALS.
The CarTaxi service is monetized through commissions charged for tow truck services. Depending on the region, the commission ranges from 10 to 20% of the cost of the service.


Rates are calculated automatically and are consolidated within each region. So the comsumers will be able to receive the best service from the best price.


The further goals is divided in two points : Market Expansion and Supporting & Developing Services.

- Market Expansion : In the range of 2017-2022, the CarTaxi company aim to achieve full coverage and dominance in CIS (Russia, Ukraine, Belarus, etc), US, China, and all active regions.
- Supporting and Developing Service : CarTaxi company will continuously scaling the platform according to newly connected regions, integrating new cities into basic rate schedules, maintaining the platform (load testing), and developing additional functionality including linking insurance partners in appropriate regions.

CarTaxi’s strategic goal is to win up to 20% of the market worldwide in 5 years and to generate $970 million in revenue by 2022.

ICO & INVESTORS BENEFITS
In order to develope the platform and be able challenge the global market, CarTaxi offers anyone to join in the Initial-Coin Offering (ICO).

The CarTaxi company offers everyone to be part of its growth by contributing in CarTaxi tokensale. The total number of announced tokens will be 750.000.000 CTX (CarTaxi Token). The 66% of tokens will be available during Pre-ICO and ICO. The rest 33% of total tokens or 250.000.000 CTX will go for marketing, team, and further developement. Founder tokens will be frozen for a period of 5 months from the date of the ICO.

Investors or token holders will benefit from two ways ; Income in the form of dividends and Income from the growth of the market value of the token. To benefit token holders, the CarTaxi company will use this plans :

- 25% of profit goes to pay dividends once a month. The first payment will be on September 15th, 2017 and will be made to token holders who purchased their tokens during the pre-ICO.

- 25% of profit goes to buying up tokens on the market with the aim of increasing their market value. Should there be a shortage of tokens on the market, the unspent profits will be considered additional profit and dividends increased accordingly.

With all those great plans, CarTaxi believes that market value and CarTaxi adoption will highly increase.

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Writer :

Apana Mufti

https://bitcointalk.org/index.php?action=profile;u=909392;sa=summary

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