TrustedCars Flex

Strong team and savvy advisors. Promising original idea if well implemented. Thorough whitepaper, but more financial and business planning numbers should be added

Interesting use of the blockchain with identity tracking - this time for vehicles. Commercial viable, although there are obstacles to true adoption here. Execution on the roadmap would be key.

Good team and good vision. Most importantly, they have proved themselves by winning awards. However, I think the team has to be bigger for sure and more financials should be shown as well.

This is not financial advice or a recommendation to invest in this or any other ICO. Investors must perform their own due diligence and not rely on external ratings to make their final investment decisions. ICOs are risky and 100% loss of capital is possible.

Very Interesting use of the blockchain with identity tracking for vehicles. Team is good. Whitepaper is well written. They need to do some strategic connections and partnerships with car dealers and manufacturers.

Very interesting project with an unique concept. Team has experience and is surrounded by quality advisors with lots of experience in their trades. ICObench kyc done. 65% of tokens will be sold in the crowdsale which is a very good allocation for future investors. Already an existing company with good partnerships.

in my opinion, this is a very cool concept, however there are other companies that have a similar product. One of the hardest aspects of this business is scalability, apparently they are having success with expanding.

"In excess of 100 of the largest and most renowned dealerships in Germany already trust and work with us. With more than 30,000 listed vehicles in 2017 and currently more than 8,000 vehicles available for purchase, we are one of the largest Online Shops for used vehicles in Europe."

Intersting to see how this company expands, I think adoption may prove to be a challenge.

*Please see my profile for disclosures

The team and the advisors are excellent. The idea is really nice, it's really promising if implemented. The WP is ok, but it could use more financial and business planning numbers and the MVP is not that clear. The concept is really unique even though the product is not as original.

Team: Strong team, a lot of professionals from Germany which is know of high quality car industry knowledge.

Vision: Very innovative idea, excellent use of many possibilities of blockchain technology.

Product: There is a lot of competition in this field. More numbers and financial data would give a full 5/5, but still strong 4/5.

Disclaimer: This is not an official investment advice or a recommendation to invest in this ICO. Investors must perform their own due diligence and not rely on ratings to make their final investment decisions. Investing in ICOs has it risks and 100% loss of capital is possible.

awesome idea, which will help us save the planet if implemented. I'm also sure the team means well and is able to deliver because trustedcars.com already exists.

The only red flag for me is the existing platform trustedcars is still based on car ownership, is essentially a website where you sell used cars, I don't see the connection between the token, so they are starting from scratch.

Maybe one of the founders can explain.

Nowadays it isn't enough to make a beautiful website and promise something in the future.
Now, to become a successful project and receive necessary investments it is important to:

- Innovation level - incremental - ➖
- Show the MVP (product, prototype) - Not clear ✅
- Strong Competitor analysis ✅
- Core Team ✅and not multi-position team
- marketing ICO budget ✅
- Events calendar ❌
- have agreements with exchanges ❌
- Business revenu Forecasting ❌
- show ROI to investors ❌
- have max. transparency ✅
- have legally protected product ⚠️
- work actively with the community ⚠️
- have a powerful team and advisors ➖
- meet investors F2F ⚠️
- have a descriptive WP (with clear financial model). ⚠️

-Well worked out tokenomics with vesting schedule for team members
-Holds potential to change complete vehicle ownership model
-Win win for customers and dealers as it promises to provide paperless flexible experience
-Previous experience in similar line of business is positive indicator
-Needs to focus more on business plan, marketing plan and defining milestones for penetrating this mature market
-Coming from Germany + Automobiles instills confidence in the project