Who doesn't hate buying a used car and then finding out it was crashed 3 times, the odometer was rolledback 300.000 km and it's wanted by Interpol ?

Well there is new cryptocurrency trying to solve that
Enter carVertical

carVertical (CV tokens) wants to build a decentralized and international car registry using (who could have guessed) Blockchain technology particularly using the Ethereum Blockchain

Basically using their data miners they will obtain police database info, Interpol, insurance information and car registry information then combine it all and store it in the blockchain, so you can have all the information about the car you are planning to buy in just one site instead of calling every single countries police to check if the car is stolen.

They also plan to make good use of some other Blockchains, the personal information will be handled using Civic and the Marketplace using NXT, so kudos for the integration of other successful projects.

The customer side of their business is pretty simple if you want to know about a cars history before you buy it you can buy a report using CV, you can check a demo here :
https://reports.carvertical.com/

There are also plans for AI learning using the data so you could get alerts for the best time for checkups, tire changes, oil changes and such.

Now let's bite into it

What I like:

When blockchain technology is pitched, one of the keys aspects mentioned is that the decentralized ledger will solve the problem of the isolation of information, carVertical is hoping to solve exactly that by bringing together vital information that is separated by agencies and countries and thus solving a real life problem to car buyers

The car business industry and specially the used car industries are huge and could use some serious disruption.

They built a product before the ICO and not the other way around so they actually have a MVP

Their team seems well balanced and they have some serious advisors on board.

What I don't like:

Their Maximum token supply is 9.975.348.837 which is rather high.

Their plans seem to aggressive, the are going to start in the Baltic states, Poland and Romania in 2018, then expand to several countries, by 2020 being in most of Europe and by 2021 being in Most of Asia? Including the massive Japanese and Chinese markets?

The Eth network had issues with some weird kitties but you also need the CIVIC and Ardor networks to cope with that capacity on top of that?

In conclusion I will be checking more of this before I invest and of course DYOR please.

Here is the stuff you need to check for the DYOR :

Website : https://ico.carvertical.com

FAQ: https://ico.carvertical.com/#/dashboard

Whitepaper : https://www.carvertical.com/carvertical-whitepaper.pdf

Onepaper (like a summary of the whitepaper) : https://www.carvertical.com/carvertical-one-pager.pdf…

DEMO : https://reports.carvertical.com/

Hope you like it, please let me know if you have any tip or critics