CARTAXI — WORLD’S FIRST CAR TOWING PLATFORM ON BLOCKCHAIN!

Tszunami
3 min readOct 18, 2017

Cartaxi is a platform for evacuating and transporting cars , integrating all tow trucks in one single aplication. It is a global solution based on blockchain and on smart contract tehnology.
The project is already lunched and working and is very popular in the russian market. The owners are trying now to expand and get in other markets like Asia, USA and CIS. The project is based on Ethereum token ERC 20 standard , under the CTX Symbol.
Towing services will always be in demand due to the fact that cars will always have mechanical problems, and the more they expand in the market, the more volume of work they will have. Accordin to a forecast made by s Statista.com, by 2020 it is expected that the revenue from motor vehicle towing will reach 6.6 billion dollars in USA alone. Also, if they enter the asian markets they will have a big demand because the number of cars has an exponential growth in countries like China,India and the pacific region.
The project has a huge chance of succes due to the experienced team behind it and given the fact they are already making profit with this service in Russia. They have over 20.000 registered clients and they currently work in 21 cities.
Cartaxi will pay their investors by 2 methods:

  1. Dividents from their income
  2. Income from the growth of the tokens value.

They guarantee to pay dividents every month and they already done that to users who are already owners of the CTX tokens. The dividents will be paid usually in the term of 1 week after the date of 15th of every month. The total volume of dividents is 25%.
On top of that they intend to buy back tokens from the users, and burn them, to help at the increase of value of CTX token, helped by the smart contracts of blockchain technology.

The huge potential of growth is backed by the fact that they don really have any strong competitors , and they will only continue to grow if they implement an insurance system for the transported cars.

A mobile application for clients has been implemented on Android and iOS providing the following services to customers.

  1. registering the user;
  2. managing a vehicle list;
  3. setting up payment methods linking bank cards to an account;
  4. view order history;
  5. automatically detect user geolocation and display location on a map;
  6. set up an order for vehicle transportation and establish start and end points of a
    trip, the car, payment method, and any comments;
  7. provisionally calculate trip cost based on the data entered, and details of the cost
    based on the rate zone;
  8. issue promo codes for orders and offering a choice of a non-cash payment
    method;
  9. cancel an ongoing order;
  10. provide real-time tracking of contractors on an interactive map;
  11. notify the customer of contractor’s

And the following functions for the parners of the service:

  1. receive and execute customer orders;
  2. manage availability of contractors;
  3. send contractor location coordinates;
  4. notify contractor about new orders and service messages;
  5. view order history;
  6. view contractor’s current balance on the system and history of settlements.

Details about the ICO are below:

Starts:​ ​​September ​​29, ​​2017
Sale ​​length:​ ​​4 ​​weeks
Token ​​type:​ ​​ERC20
Total ​​tokens:​ ​​750,000,000 ​​CTX
Available ​​in ​​Token ​​Sale:​ ​​66%
Fundraising ​​goal:​ ​​219,234 ​​ETH
12,500,000 CTX will be available on pre-ICO. Period: August 30, 2017 — September 19, ​​2017
Price:​ ​​0,000443 ​​ETH
Accepted:​ ​​ETH
Bonuses:​ ​​46% ​​discount ​​while ​​pre-ICO

They are planning to take 20% of the total global demand for towing services until 2020, and on that note i will let that thought sit a bit and let you decide if you want to invest in their business!

These are the links where you can contact them and read more about the project!

Bounty campaign on bitcointalk : https://bitcointalk.org/index.php?topic=2200011.0

info@cartaxi.io
pr@cartaxi.io
https://www.facebook.com/cartaxi.io/
https://twitter.com/CarTaxi_24
https://www.instagram.com/cartaxi24
https://vk.com/cartaxi
https://t.me/cartaxi_io
https://www.reddit.com/user/CarTaxiICO/
https://cartaxi.slack.com/
https://bitcointalk.org/index.php?topic=2094561
https://github.com/CarTaxiico

Bitcointalk Username : Tszunami98

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