So this ICO is about getting a loan for the information of your car? Is this like lending your car for cash then? This unique project I think. Will be watching these thread.
I think it's like getting a loan and using your care as a Guarantee of return. That's what i understood from their informative video on youtube . It seems like a great idea actually and allows trust between the lender and the borrower.
So, this platform is like a lending where you borrow money and the car is like the assurance. Well, as what I understand of their introduction is that you can change your car title in cash. But how this platform will really help the community because not all people have cars.
Well, on that case dude only those people want a car as their part of way of living. It looks like this project is intended to those who like a car which could be possibly demand in our community.