Business in the automotive field is a national and even international business with capital and a large turnover of funds. Speaking of the automotive industry even though the product is a tertiary sector business type and included in the macroeconomic category seen from the theory side. But now the industry is able to reduce production costs that ultimately can produce a product with low prices and affordable by the middle-class society down and make a paradigm shift that the product of the industry becomes a primary need for most of society. Given the vehicle contributes significantly to economic growth at various levels. From here the creative industry began to be called the Lemon Marketbut with enormous scale and wide marketing.
Lots of pressures and challenges that arise in business competition in this field. Various pressures to continue to survive and evolve with the emergence of a variety of cheap products make one of these automotive industry companies to find innovative solutions in order to continue to survive and develop as the era develops. We know together that the world economy in general is also undergoing a paradigm shift with the advent of blockchain technology with cryptocurrency standing on it that has made payment methods, capital collection and securities trading easier, cheaper, safer, transparent and capable of reaching every corner on this earth. They call themselves AlphaCar. What kind and how do they offer? see the explanation below.
AlphaCar offers a platform that will shake the automotive sekotr business with the various features and services they provide. Their platform will certainly be based on blockchain technology, using IOV BIG DATA and AI technology (artificial intelligence). The AlphaCar platform will record all car transactions that occur and evaluate which data will not be damaged or deleted, and optimize the efficiency of the automotive industry and the quality of their services. They will also provide a cryptocurrency token as a means to transact as well as feedback on capital provided at the time of the ICO.
In practice later, AlphaCar provides the token as mentioned above. AlphaCar token owners are both consumers and shareholders of the company. This will change and shift the paradigm of the automotive industry from the lemon market to a trustless market . The resulting network effect will make AlphaCar's community value grow exponentially and lead to rapid community growth on the basis of positive feedback. Below is an overview of the AlphaCar platform.
Blockchain and Automatic Industries
The car industry is the largest lemon market in the world, and blockchain is the best technology to solve problems. Based on the inherent nature of blockchain technology, AlphaCar will make all transaction records in the car industry indestructible or deleted.
Large Data With IOV
Our platform has massive device connection capabilities and real-time data processing capabilities, which support private car insurance pricing and private car sharing implementations.
Network Effects
Network effect refers to "Metcalf law" proposed by internet pioneer robert metcalfe. The law states that the value of the network is proportional to the square of the number of network members. The value of AiphaCar will increase exponentially in proportion to the number of community members.
So little information from me about the AlphaCar project. for more information and more details you can follow their official links which I will share at the end of this article. Hopefully useful and thank you for visiting.
The future of the car industry
In the second quarter of 2017 the project team met and it was decided to start this project. On the basis of the roadmap it can be noted that the aim in 2018 is to grow considerably. For example, in the third quarter of 2018 the company wants to have 1 million users on the platform and also make car sharing possible. Towards 2020, AlphaCar wants to be active worldwide and become a major player in this industry. The potential and growth of the industry is very large, which is why AlphaCar can play a major role for the automotive industry.
It is possible for everyone to purchase tokens and be a part of this project. There are various phases that investors have to deal with. The private sale has now ended, but until June 17, 2018 the pre-sale is in progress. During this phase, tokens can be purchased with a ten percent bonus. For 1 Ethereum, 60,000 tokens can be purchased excluding the bonus. The ICO phase of the project starts on June 18 and lasts until June 27, 2018. In this phase there is no bonus.
Total Tokens: 10,000,000,000
Token Abbreviation: OPENS
Tokens in sales: 2,100,000,000
Token kind: ERC20
Method of payment: ETH
Soft/Hard Cap: NVT / 35,000ETH
