Alpha Car: the new decentralized block chain technology used as a Community Token Economy to Reshape the Automotive Industry
Alpha car is one of the global automotive industry build for community token economy, its operate as a block chain technology with the Ivo technology in eliminating the lemon markets caused by information asymmetry. With this there will be a greatly increase in the transparency and market size of the automotive industry also car consumers and commercial players will share the immense wealth generated form the paradigm shift which will transfer a lemon market to trust less market. A lemon market is a market with no credible records for car production and service otherwise there is sophistication and complexity car making it difficult for consumers to judge the quality and price which has led to widespread of bad money drives out good.
Alpha car is a community that will build a CTE (Community Token Economy) for the global automotive industry. In this CTE, consumers are also stake owners and will eventually own 80% of the total tokens. The value of the CTE will follow the network effect and will be in proportion to the square of community member numbers.
The key data of CTE members will be stored on a public block chain through a Dap (Decentralized Application). Batch and asynchronous processing technologies will be used to address the scalability problems of the current public block chains, so as to support the high volume of a trillion dollar plus Alpha Car CTE in the future.
Alpha car will make use of a token know as Alpha car token will serves a s a utility token to be used within thealphavar community to purchase goods and services. Through this platform all contributors will be rewarded with tokens and hence while no middle men is attached nor needed.
Features of Alpha Car
- Intelligent Driving with the help Advance driver assistance system: this system will help drivers in the driving process by providing and accurate intelligent driving assistant.
- Car sharing in a way of creating a safe delivery to any nearest park space in case of congested road and parking time.
- IOV structure
ALPHA CAR ROADMAP
ICO DISTRIBUTION AND TOKEN SALE
Alpha Car will issue ACAR tokens in accordance with the ERC20 standard. ACAR token is a utility token, which can be used to purchase services in the Alpha Car CTE. The number of tokens are 10 billion and will never be over issued. The number of tokens will also decrease due to the burn mechanism, in which no less than half of the project’s profit will be used to buy back and burn the ACAR tokens.
40% of the ACAR will be offered to early purchasers of the token, 20% will be rewarded to community members for their contribution, 10% will be used for CTE development, 20% awarded to the project team, 10% to project advisors and commercial cooperation.
ALPHA CAR TEAM WERE NUMBER BELOW:
- Bill Deng Founder & CEO https://www.linkedin.com/in/gang-bill-deng-235327
- Ray Zhang COO & IOV Tech Lead https://www.linkedin.com/in/ray-zhang-013b7222/
- Leo Chen Block chain Tech Lead https://www.linkedin.com/in/yifei-chen-41404533/
- Michael Lu Insures Lead https://www.linkedin.com/in/michael-jie-lu-b39526a/
- Rd. Yangon Qi (Qualcomm Chief Engineer, international vehicle network top expert)
- Professor Jibe Lou (top expert on international artificial intelligence and big data analytics)
- Professor Shingle Zhang (top expert in the block chain technology)
- Leo Wang, Pranged angel investment founder
CONCLUSIVELY, Alpha Car will brings together a combination of vitality and strength of the contingent of personnel which will attract the field of block chain senior practitioners, experienced technical developers and so on. Alphacar the possibility to all solution of automotive system.
For more information you can click on the links below:
https://www.alphacar.io/
https://www.alphacar.io/r/project/file/AlphaCar_WhitePaper_EN.pdf
https://bitcointalk.org/index.php?topic=4390635.msg39103759#msg39103759
https://www.reddit.com/user/AlphaCar_
https://medium.com/@AlphaCar/alphacar-has-formed-strategic-partnership-with-safe-driving-solution-provider-go2solution-cef3605f8f3b
Authored by Solomon3158
link: https://bitcointalk.org/index.php?action=profile;u=2157365