I see, it's really a space that I am not familiar with. But I assume you guys know what you are doing. It's just a little bit difficult to make investment decision pro something that you don't really know much about. Do you guys have numbers that you realistically expect to achieve?
Ok and how about licensing? Is that a business that requires any sort of special licensing? For example Uber has trouble because they break existing law in some jurisidictions. Is that something you have to cope with?
CarTaxi is a logistics platform for evacuating and transporting cars that integrates all tow trucks in a single application. It is a global mobile solution based synergistically on geolocation and blockchain + smart contract technologies.Uber is a taxi service and we just have a similar platform but different industry.Our Legal Team is working tirelessly on that matter.
Ok so your platform only further privatizes the market I guess? Could any private person provide this service or are there particularly licensed companies that can then use your service?
We are a organised system and always work towards connecting new partners .The partners can be companies or individual tow truckers.
Importantly we ensure our partners have the required certificates for operating in the vehicle Tow Industry.
Edit: huh? This didn't work out it seems. I posted and my text didn't appear. So again. Just to summarize: I said that I am not familiar with that space at all and it's difficult to make investment decision pro a project that you don't really know or understand much about. Do you guys have numbers available that you realistically expect to achieve?
According to the development plan for CarTaxi, the bonus (dividend) payments will be $ 75 million as early as 2020, and in 2021 $ 150 million. For example, $ 48 million was invested in ICO. Thus, for each $ 1 invested, the tokenholder receives a bonus payment of $ 1.5 , that is, 150% a year in 2020, and in 2021 its $ 3, or 300% a year a very high figure for those who play long. Lets remember this for the calculation of the minimum value of CTX in the future.
The numbers are impressive, and while you say that is rather the minimum value of CTX, it already sounds quite enormous. Are you sure you will be able to generate so much revenue in such a short time-window? Those $75 million must come from somewhere. Is the market that big? And how are you going to pull so many service providers so quickly to your platform?