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Home - Carnomaly.io Ico Review – Online Automotive Marketplace

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Carnomaly.io Ico Review – Online Automotive Marketplace

Magnesia
Last updated: 15/05/2020 8:59 am
Magnesia
Published: 15/05/2020
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Carnomaly.io Ico Review - Online Automotive Marketplace
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About Carnomaly.io

This is a good question. Coming up with a name for a project is very difficult because it needs to define you in one word. So the first part of the name is just what is says “Car”, they are an automotive crypto project so that part was easy. However coming up with the rest of the name was a little more challenging. They knew they wanted to be different and unique in own way, like an anomaly. So this is how the name Carnomaly.io was born.

Contents
  • About Carnomaly.io
    • The Future Of Carnomaly.io
    • Automotive Vehicle Block chain
    • The Problem
    • The Solution
    • Roadmap
      • 4TH QUARTER 2019
      • 1ST QUARTER 2020
      • 2ND QUARTER 2020
      • 3RD QUARTER 2020
      • 4TH QUARTER 2020
    • How It Work
    • Digital Platform

So now how do they make sure they live up to the name that they have chosen? Well Ico do this by bridging the automotive industry into the crypto world by offering the first ever crypto automotive rebate platform. Carnomaly will give people the ability to earn a crypto rebate back for buying an automobile, new or used anywhere in the world .

Carnomaly will build the most innovative online automotive marketplace with the largest network of dealers worldwide. Imagine being able to have a vehicle brought to your work so you can see it and having your current car appraised at the same time. Imagine being able to pay your down payment with bitcoin. Imagine getting an additional rebate on top of the already great deal you received.

ICODETAILS
Company NameCarnomaly.io
Token SymbolCARR
AcceptingBTC, ETH, LTC, XRP, USTD, BCH
TypeUtility
Whitelist/KYCKYC
BountyAvailable
AcceptingETH
Price1 Carnomaly CARR = 0.25 USD
PlatformEtherum
Hard Cap25,000,000 USD
Soft Cap5,000,000 USD
CountryUSA
WebsiteHomepage

The Future Of Carnomaly.io

Carnomaly will become the first company ever to offer a worldwide rebate for an automotive purchase. Both new and used vehicles will apply, as long as they are purchased from a verified legal dealer anywhere in the world.  Upon completion of our consumer platform, Carnomaly will begin buying back tokens to replenish the rebates for years to come. The proceeds from the consumer platform is what Carnomaly will use to purchase back tokens that are on the open market.

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Automotive Vehicle Block chain

Carnomaly will be developing the AVB (Automotive Vehicle Blockchain) The AVB will give vehicle owners the power to manage and update their vehicles history report. Along with data from dealers, Insurance companies, collision centers and DMV”s, the AVB will give owners the ability to upload photos of receipts from independent service facilities as well as work they may have completed on their own. This information will all be stored under each vehicles VIN number and secured behind the blockchain.

The AVB will also speed up the vehicle ownership transfer. With the AVB the vehicle owner will have the ability to transfer ownership of the vehicle in real time. This will eliminate the risk of unwanted toll bills, red light cameras and even lawsuits. The goal is that one day the AVB will be the new worldwide standard in vehicle ownership transfers. Vehicles already have worldwide vehicle identification numbers (VIN’s) so why not take this VIN’s and integrate them into the blockchain. Carnomaly will bridge the gap between the automotive industry and the digital world by creating solutions like the AVB.

The Problem

In 2018, the United States automotive industry reached a little over 1 Trillion dollars in new vehicle sales and 116 Billion in parts and service. Advertising has averaged 9.5 billion dollars for the last 3 years with 56.3% from online marketing. Today consumers use third party websites to research and shop for their next purchase. These 3rd party websites limit the way consumers shop for a vehicle as they only focus is on one thing, “price”.

These 3rd party sites make their money solely on charging dealers monthly fees to list their inventory. Over the last 5 years, the monthly fees for dealers to list inventory has increased to thousands, even tens of thousands of dollars per month. In todays world, consumers want options, so why not provide options for how they can shop for their next vehicle while keeping the cost down for dealers.

The Solution

Carnomaly will be the most advanced online digital platform in the automotive market. Consumers will have multiple ways to shop for a vehicle. No longer will they just be able to use the standard matrix’s that the current platforms have with just price and miles. Consumers will have new ways to shop and Carnomaly will provide them with the options needed to make an informed decision before even stepping onto the showroom floor. Carnomaly will serve 2 markets, consumers and dealers. These features will make for an easier buying experience and will allow the 30,000+ franchise and private dealers the opportunity to get in front of these customers. For the dealers, they will address the cost and inventory issues they currently have while helping them accept cryptocurrency as payment.

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Roadmap

4TH QUARTER 2019

• Launch rebate token platform
• Publish executive summary
• Complete Utility Token filing with SEC
• Final round of private sale
• 1st round of IEO
• Begin digital marketing campaign

1ST QUARTER 2020

• Complete 2nd round of IEO
• Begin development of AVB (Advanced Vehicle Blockchain)
• Token air drop after IEO is complete
• Open consumer access to rebate portal to allow sign-ups
• Increase digital marketing campaign efforts

2ND QUARTER 2020

• Carnomaly rebates begin
• Launch beta versions of Carnomaly dealer site
• AVB launches

3RD QUARTER 2020

• Full version of dealer site launches
• Begin signing up dealers
• Profits from dealer fees are put back into the token platform to buy back tokens to refuel
the rebates.

4TH QUARTER 2020

Carnomaly will continue to grow and implement new ideas and solutions into the online automotive marketplace.

How It Work

The Carnomaly.io automotive rebate was created to allow consumers who purchase new and pre-owned vehicles the opportunity to save more money when purchasing from an authorized automotive dealership.

Consumers who hold CARR tokens will be placed into tiers which will allow certain benefits based on tokens held. The more tokens held, the higher the tier, the better the rebate is. Consumers will be able to get a max of a 30% rebate, which will be given in CARR tokens that must be sold on the marketplace for redemption. Along with the rebates.

The tiers will also have additional benefits such as multiple purchases a year allowed for rebates, a Carnomaly Automotive retail representative to help users shop, and gifting your rebate to a friend or family member. There will be 3 tier levels that token holders can qualify for. As the number of tokens held grows, so does the users membership tier. 

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Digital Platform

Carnomaly will be the most advanced online digital platform in the automotive market. Consumers will have multiple ways to shop for a vehicle. No longer will they just be able to use the standard matrix’s that the current platforms have with just price and miles. Consumers will have new ways to shop and Carnomaly will provide them with the options needed to make an informed decision before even stepping onto the showroom floor.

Carnomaly will serve 2 markets, consumers and dealers. These features will make for an easier buying experience and will allow the 30,000+ franchise and private dealers the opportunity to get in front of these customers. For the dealers, they will address the cost and inventory issues they currently have while helping them accept cryptocurrency as payment.

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