(1) In which countries will it be implemented
Our partner, nonda, has already aggregated over 400,000+ users across the globe. Once our mining function goes online, their users will have the option to participate. Plus, we are about to roll out our IMO (initial machine offering), in which all participants can start mining for CAR tokens once they get a compatible device.

(2) Where are you officially registered?
We are officially registered in Singapore.

(3) Can I find out how the previous stages of selling tokens went? how much was collected?
We have finished our anchor round with 3,000 ETH raised from our strategic investors. We are running a private sale right now and have received over 17,000 ETH from accredited investors & institutions.

(4) What kinda of soft cap do you have?
It's 5,000 ETH for soft cap and 40,000 ETH for hard cap.

Watch this video to learn how CarBlock is putting data ownership back into the hands of car owners: https://youtu.be/qefx5uh-PSo

We'll be launching our Airdrop program with Telegram first and then we'll be adding Twitter and Facebook. Be sure to join our telegram for the latest updates on the program launch.

We'll keep you posted! Thanks for checking out CarBlock. Feel free to join our Telegram group for the latest updates: https://t.me/CarBlockOfficial.

Thanks for the kind wishes. We're excited as well! If you're interested in following CarBlock's progress, you can find our telegram group here: https://t.me/CarBlockOfficial.

We'll be announcing our Airdrop Referral Program soon, so stay tuned.

Here's more info about the CarBlock project on Medium: https://medium.com/carblock/carblocks-blockchain-ecosystem-revolutionizes-the-way-driving-data-is-distributed-for-the-a61ac115e8cd

You can find our telegram group here: https://t.me/CarBlockOfficial

Look forward to seeing you in the group!

Check out our latest announcement. The CarBlock advisory board consists of renown researchers, thought leaders, and practitioners from the automotive and blockchain space. https://www.nasdaq.com/press-release/carblock-announces-formation-of-advisory-board--appointment-of-members-20180327-01260

@lescbalenvia,

Thanks for taking interest in our project. We'll be launching our Airdrop & Referral program soon in mid-April. Be sure to join our Telegram for the latest info: https://t.me/CarBlockOfficial

@SeveralQ, thanks.

@LoveCryptoAll, great question.

As the car owner, you have the choice to upload your vehicle data to the Blockchain and specify which kind of data (engine, tire, mileage, etc…) in exchange for CAR tokens. You can also turn this off at any time via the compatible hardware. CarBlock is right now partnering with smart device company nonda (www.nonda.co) to offer token mining via their smart devices. Besides direct token rewards, Car owners also can benefit from the services and transportation applications that others will provide and develop as the ecosystem grows.

Maybe some examples can help elucidate this concept:

The immutability of the data on the blockchain can be immensely helpful in the situation of Peer-to-Peer Car Rental. For instance, through the hardware enabled data collection and smart contracts, CarBlock eliminates unnecessary conflicts, any ambiguity in responsibilities and the loss of potential property for P2P rental transactions. CarBlock also provides greater safety and ease of use for P2P rental applications.

Auto Insurance: Data can help auto insurance companies boost their competitive edge and optimize their premium modeling, so that they can offer more tailored and flexible packages to their customers, as we’ve seen companies like Metromile do. Plus, car owners can enjoy better pricing by authorizing insurance companies access to their car’s data and pay with CAR tokens to get their insurance coverage.

CarBlock

About the Project
CarBlock is the world’s first blockchain-based transportation solution built on data generated by smart devices. This circulation of car data on the blockchain is set to disrupt the entire connected car industry. We'll be launching our Airdrop & Referral Program soon in mid-April - please join our Telegram channel for the launch [https://t.me/CarBlockOfficial].

WEBSITE: https://carblock.io
WHITEPAPER: https://dtprun4zyk7la.cloudfront.net/assets/file/whitepaper_v3.3_en.pdf
TELEGRAM: https://t.me/CarBlockOfficial
TWITTER: https://twitter.com/CarBlock_io

Problems in the Current Connected Car Ecosystem

Data Ownership - Vehicle and driving data can be used to derive insights about people’s lifestyle and preferences and is therefore invaluable. Without advanced data encryption and strict authorization, there is a huge potential threat to people’s personal privacy and safety.

Data Collection & Accuracy - The majority of vehicle purchases worldwide are not new vehicles. In fact, the average car on the road in the U.S. is 11.5 years old. This means it will take many years before the majority of vehicles on the road come standard with accurate and embedded data sensors, leaving the current solutions for collecting, transferring, and storing vehicle data inefficient and inadequate.

Data Exchange - The rights to use and distribute data should belong to the person who contributes the data. Currently, the data drivers generate often does not belong to them. For instance, the navigation software knows where we are going and pushes relevant ads. This is precisely why the connected car industry has made little progress; users are not motivated to provide relevant data without proper incentives.

Application Infrastructure - While there is vehicle data available to small companies, the data is extremely scattered and insufficient in scale to provide any significant value for building transportation applications. The viability of connected car applications ultimately relies on an infrastructure that can support the safe and automated circulation of massive amounts of vehicle data.

CarBlock's Solutions

The ownership and interest of all data should belong to the data provider, in most circumstances, the car owner. This is where the regulations are headed; car owners are the foundation of CarBlock’s ecosystem and serve as the link between business and data.

Automatic data collection via smart devices. Data is automatically collected by the connected hardware and then digitally encrypted and logged in the CarBlock blockchain.

CarBlock will not profit as the middleman in the data marketplace. CarBlock will ensure the free circulation of data and decrease the friction during this process. The CarBlock digital token and smart contract enable easy data exchange. The purpose of transaction consumption is to merely cover the cost of the system. CarBlock will even subsidize individuals, teams, universities, and research institutions with innovative ideas if CarBlock sees the potential for those offerings to add value to the ecosystem.

Data circulation will create a mutually beneficial situation for all participants within CarBlock’s ecosystem. Car owners can earn token rewards for providing data and in return, receive more accurate or reduced pricing for services based on the data they provide. Automotive and transportation companies can leverage the enormous amounts of data through CarBlock to build better, more targeted products and services. Innovators will similarly have access to the data they’ve been longing for to build more creative services and transportation applications.

About the Team

CarBlock has built a dynamic core team and a group of renown advisors in the auto and blockchain industry. You can learn more by visiting the official website.
WEBSITE: https://carblock.io


Roadmap

3 MONTHS: 410K+ nonda users get access to CarBlock. CAR tokens can be used to purchase nonda connected hardware and software services.

6 MONTHS: Small vehicle service providers join the ecosystem and accept CAR tokens. CarBlock certified connected hardware start mining CAR tokens by uploading car data.

12 MONTHS: Mid-sized vehicle services & insurance companies join the ecosystem. Car application developers are able to purchase car data with CAR tokens.