CarVertical (CV)
carVertical [cV] ICO rating 3.8 out of 5.0, reviews, whitepaper, token price, start and end dates, exchanges, team, and financial data
What is CarVertical?
CarVertical: The Basics
Buying a used car or vehicle requires a certain degree of trust; you just have to believe the seller when he/she claims that the vehicle is in great shape. Though the vehicle may look great, you have no way of knowing if it has been through accidents and has been damaged in the past if the previous owner hides it from you. That’s where carVertical comes into the picture. Essentially a vehicle history registry based on blockchain, carVertical can ultimately save you from the millions of used vehicle frauds that happen every year.CarVertical Development
- July 2017 was when the idea for carVertical was born. Since then, the project gathered a community of supporters, making tens of thousands of Euros in self-investment.
- The carVertical ICO was launched in December 2017, and lasted till April 2018.
- During this time, the team started aggregating the vehicle databases and registries of different countries, and developed and launched the alpha version of the carVertical wallet application.
- The beta version of the same is expected to be completed by December 2018, with the complete API product ready by January 2019.
- Prominent team members working on this venture include:
- Founders: Audrius Kučinskas, Rokas Medonis, and Robertas Boravskis
- John Mack, President and CEO CIE Automotive China
- Raid Naim, ex-IT Chief Architect BMW Group
- Peter Kuepper, Head of Transmissions’ Program Management BMW Group
- Olaf Zschiedrich, Global CTO OLX Group (Naspers Limited)
- Anatoly Ressin, CEO BlockVis
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