AMO Fondation represents an interesting ecosystem which will be useful to all motorists. The platform plans to include exchange of automobile information, their consumption is as specifications which are present directly in cars, and different road assemblies. By consideration of the website I for myself have removed very interesting model of investment.
Let’s sort a little bit in more detail this project and we will consider where and how we will be able to apply it in our life. In the AMO platform all system will work for a blockchain technologies and to include always certain marketplace. All investors will need to undergo the KYC procedure of verification if you want to participate in investment of this project.
Here main advantages of this project.
The blockchain to him will create a peculiar extensive network worldwide where all car owners where all workshops where all who sell and assemble cars — will be able due to exchange of information on a blockchain chain, to release better products.
Drivers buying the car and serving it, will send necessary data through this application of this platform. Will receive an award in tokens of this company for it.
As you have already guessed this project which is engaged in the market of automobile data which work for a blockchain technologies. Now I will tell you about specifics of their tokens and I will tell as they will be used in the platform. In a plaftorma there is the ecosystem, one of elements which directly is AMO tokens.
Token AMO is the utility and all actions on the platform will take place at his expense, in other words AMO is internal payment unit of this project. General ‘the mission tokens makes 20 million tokens of AMO. The token of AMO works for a smart the contract of an efirium erc-20. The convenient platform will be engaged in data exchange on a blockchain which will be connected somehow with all automobile infrastructure.
In fact AMO Fondation the project not first something like that, were already similar ideas and looks they quite really interestingly and presentably, at least for the reason that the market of automobile data constantly grows also the general capitalization of this market very big. Every year the volume of money which joins this sphere constantly increases.
Here it is worth meaning that all this system will work for several types of participants of this market.
1-Consumers, owners, buyers, drivers and sellers of motor transport. In other words are users who use these cars
2 — The manufacturer of cars are repair services and so on.
The secondary market of cars which already have the term of use also concerns them and were in the use.
3 — Service providers. Here it is possible to carry different public transport, some advertizing companies, repair services, various auto repair shops, automobile gas stations and so on.
Thus each of these components of the parties, can use this platform in the own purposes. Let’s look as it will occur in practice.
The consumer has an opportunity by means of this platform to look at all data on any car which interest him. Information on the number of owners of this car and in what accidents there was this car will be available.
On the other hand, the service provider generally it approaches for business of decisions — it is the companies which are engaged in advertizing, of various advertizing automobile announcements, is suitable also for public transport, that is is a sphere in which money is earned, the taxi and all other services also can use this system.
Besides this platform has mobile applications which will allow us to control all process of the events of the mobile smartphone.
The point is that each information on this platform has an own price. The price will be defined in tokens of this project as I also spoke earlier. Directly this or that information has the cost. The user has an opportunity to earn if they provide this information, and secondly they have 100% chances not to be deceived if something happened to this car. All information on this car all events will be written down in the register opened a blockchain and to be fixed in a smart contracts.
Let’s consider the team of developers of this project now. Each member of the team has the page on social networks on which we can pass and get acquainted with in what they were engaged earlier and what experience at them. In whole — personally in my opinion the project looks quite interestingly and presentably at least due to the idea because the idea will approach as the motorist, and to all users who are engaged in cars.
Also we have an opportunity to pass to the official site and to download all necessary documentation. It is available on various language versions. It is necessary for us in order that we could study in detail this project and understand, than creators of this platform are engaged. Also we can see that the road map has been written with big knowledge of business and her plans are made till 2021.
During this time the project has to reach the maximum power. I hope that my article was useful and interesting to you and you will be able to invest with pleasure in this project.
Website: https://amo.foundation
Whitepaper: https://amo.foundation/wordpress/wp-content/uploads/2018/05/AMO%20Whitepaper%20v4.4%2020180509%20EN.pdf
Twitter: https://twitter.com/amoblockchain/
Facebook: https://www.facebook.com/amoblockchain/
Telegram Group: https://t.me/amoico
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ETH-wallet: 0x0fCB6AC93C74CC8033D377a01FCF5Aa1DDdf3B11