Careonchain is a block chain-based crypto currency that will allow investors to trade on the Network for the future development in hybrid car technology
Careonchain will give a boost in the development in the technology of hybrid cars creating an immense opportunity to becoming a leading blockchain based network in the field of hybrid cars. Due to pollution and the price of fuel a alternative is a much needed thing to this world and hence hybrid cars sector will take a big growth by 2020.
We are initially focused on the development of a hybrid car technology, which will help you for the production of low cost and high performance hybrid vehicles. In future REO coin will be used to upload any research work in block chain data and companies can also buy it through users by paying REO.
REO primary goal is to become the world’s largest multi-asset blockchain-based cryptocurrency network.
Careon Chain is issuing an Initial Coin Offering (ICO) of the REO. Funds raised as part of the ICO will be used primarily to acquire new users and research in the field of hybrid car. Only REO holders will be able to trade on the Careon Chain network.
By choosing promoters, Careon Chain will be fair to the community. Promoters here, are the people who will be having the maximum number of references, investment and other promotional activities (social advice).
Careonchain brings more than a decade of experience, a history of innovation and a strong portfolio of intellectual property to use on the careon chain network: all of which will allow it to exceed the goals outlined in our roadmap.
Introduction
Investing in cryptocurrency has proven to yield significant returns for investors. With the rapid adoption of blockchain technology, cryptocurrency has emerged as an exciting asset class of its own. We have seen unprecedented growth in the marketplace as innovative breakthroughs have led to exciting opportunities for investors.
However, there are still barriers for many investors. Investing in cryptocurrency remains a complex and seemingly risky endeavor. The market is rapidly evolving, and these barriers are stopping investors from taking advantage. Careon Chain wants to change that.
It is the only one ico which will bring together all the research work in hybrid car tech under one platform for the overall growth of hybrid car RESEARCH AND DEVELOPMENT
We empower investors to be part of a new movement of democratic, disruptive technology through sound investment in a rapidly growing, in-demand marketplace.
Our company provides the necessary guidance and product offerings to allow investors to take full advantage of the digital currency and blockchain revolution.
Investors can gain entry into our actively-managed fund (REO Coins) by taking part in our upcoming Initial Coin Offering (ICO)
Summary
Careon Chain will make whole world as a RESEARCH AND DEVELOPMENT sectors in field of hybrid vehicle technology, from college projects to Scientifically research laboratory. It will increase the level of hybrid vehicle tech in market to new level. It will cope up with high level of pollution and their by reducing the dependency on petrol and diesel for future is limited. Maintenance cost will reduce for general public. Research and development of energy-efficient automotive technology is moving forward at a rapid pace.
The global market for hybrid cars, which stood at US$102.88 bn in 2015, is anticipated to touch US$398.90 bn by 2024, rising at a CAGR of 16.50% between 2016 and 2024. The global market for hybrid cars, which stood at US$102.88 bn in 2015, is anticipated to touch US$398.90 bn by 2024, rising at a CAGR of 16.50% between 2016 and 2024.
Background
Cryptocurrency and Blockchain
In 2017, investing in cryptocurrency and blockchain suddenly became a remarkably attractive proposition:
As of August 2017, the overall valuation of cryptocurrency’s market capitalization was $165 billion.
The market grew by 800% in the first eight months of 2017.
Over $1.3 billion was invested in ICOs between January and June 2017
The most well-known and popular cryptocurrency, makes up almost half of the above market capitalization. That percentage is expected to shrink as many new cryptocurrencies emerge, taking advantage of new technology in their respective fields.
Ethereum, another blockchain technology, has been making waves since its inception 2 years ago, and has already achieved its own market capitalization of over $30 billion.
Although cryptocurrencies are perhaps best known as an alternative to traditional fiat currencies, the blockchain technology upon which they are built has uses that extend far beyond being a means to exchange money.
Diversification of Blockchain Technology
In 2017, over half of all ICOs were related to infrastructure, 12% were in trading and investing, 10% in payments, 8% in finance, 5% in gaming and VR, and the rest a combination of commerce, advertising, identity management, data storage, commodities, art, music, and more. Growth in these areas is only just starting to be realized, which is excellent news for investors as it provides an early opportunity for diversification across a range of industries, thereby reducing risk.
website- www.careonchain.io