CarTaxi? It sounds a little bit silly when you hear it for the first time. I mean you must imagine a car driving in another car, it sounds like some kind of a joke :) But when you start analyzing CarTaxi project and checking its numbers plus find great team behind it, and then you add the size of its market then you stop smiling and start calculating how profitable this could be.
All of us driving cars or some other vehicles sooner or later encounter that situation when we are in a need of tow truck. You may have some kind of accident, run out of gas or your car just won't listen to you anymore for some reason. In moments like this, you need someones fast and efficient help as soon as possible. From now on CarTaxi mobile application is the only helper you will need for car towing.
CarTaxi project idea:
The idea behind CarTaxi project is simple and it is aiming to make your life simpler when you need car towing. The project goal is to bring together all tow trucks to one online network and provide fast and safe transportation for all vehicles at any time all over the World.
CarTaxi project is mobile solution based on blockchain and we could say that is functioning on Uber idea by connecting driver with a car problem and a nearest and best contractor in his area. The blockchain technology will be used for decentralized and safe transfer of funds and payment via smart contract. A special part of CarTaxi platform is their geolocation system used for locating tow truck is vicinity in a matter of seconds and making service faster and cheaper for users of their application. One more positive thing is that your car will be insured for any possible kind of damage during transportation by CarTaxi service.
The CarTaxi company is already operational and having open offices in San Antonio, Hong Kong, and Moscow and planning to become a global solution for car towing. The market for CarTaxi platform is really huge, around $26 billion per year with a growth of 2.5%, and at this moment there is no one with technology and strength to make car tow service global and standardized all over the world like CarTaxi is planning to do. CarTaxi has plans to win up to 20% of the market worldwide in 5 years and to generate $970 million in revenue by 2022. By connecting car tow companies all around the world and giving them usage of the mobile platform to maximize their profit CarTaxi will build a web of towing services all around the world. CarTaxi platform will derive its profit from commissions in the range of 10% - 20% depending on the region.
Tokens:
First, it is important to say that CarTaxi ICO is ending in 3 days and if you think to invest in this phase you need to act quickly.
CarTaxi team has already sold over $7 700 000 of CTX tokens and their hard cap is placed on $8 700 000. In this phase for 1 ETH you will get 2255 CTX tokens.
All investors in CarTaxi tokens (CTX) will be getting 25% of companies profit once a month and company will spend another 25% of profit on buying tokens from the market and increasing their market value this way.
For all details about token sale visit: https://www.cartaxi.io/ico
Conclusion:
I see big potential in this idea and project, and ICO price seems fair and profitable for investors. It is easy to understand money flow and how big potential is on a huge market like this one. I have not found any bigger competition for CarTaxi at this moment and their roadmap seems optimistic but possible to reach. At the end we will see is CarTaxi going to become a synonym for car tow service in next few years. With all positive information around this project, I would not be too surprised if this happens.
For more info:
https://www.cartaxi.io/
https://www.cartaxi.io/WP/CARTAXI_WP_EN.pdf
https://www.facebook.com/cartaxi.io/
https://twitter.com/CarTaxi_24
https://t.me/cartaxi_io
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