[PRESS RELEASE – London, United Kingdom, December 10th, 2024]
CryptoAutos, the world’s first blockchain-powered luxurious automotive market, has introduced the Token Era Occasion (TGE) for its native utility token, $AUTOS, scheduled for 11th December 2024 at 12 PM UTC. This occasion represents a big growth in CryptoAutos’ efforts to boost the possession and interplay of high-value belongings by blockchain know-how.
$AUTOS will launch at a hard and fast value of $0.04, representing a completely diluted valuation (FDV) of $40 million. The token will likely be accessible on the Uniswap DEX and a number of CEX’s; KuCoin and Gate.io, making certain vast accessibility for the worldwide group.
Group Launch Achieves $4.5 Million in a Matter of Hours
The TGE announcement follows a profitable Group Launch on Fjord Foundry, which raised $4.5 million in simply 5.5 hours, with participation from 1,710 $AUTOS consumers. This sturdy demand displays curiosity and belief within the CryptoAutos ecosystem, which mixes blockchain innovation with the exclusivity of luxurious automotive possession.
Token Claims and Airdrop Distribution Particulars
Public sale members can declare 100% of their tokens upon TGE by CryptoAutos’ easy claiming course of. Detailed directions can be found in the official guide.
For winners of the $AUTOS airdrop, Tokens will likely be mechanically airdropped to the pockets linked in the course of the Telegram sport as quickly as TGE goes reside.
The Utility and Imaginative and prescient of $AUTOS
The $AUTOS token is integral to CryptoAutos’ blockchain-powered platform, offering a seamless, safe, and environment friendly approach to have interaction with high-value belongings. It facilitates;
- Transactions: Simplifying luxurious automobile purchases with out the necessity for conventional banking.
- Membership: Enabling holders to probably earn various ranges of various advantages from a portfolio of luxurious automobiles, together with charge reductions, entry to leases, and entry to further incentives
- Governance: Empowering the group to form the platform’s route by decentralized voting.
- Purchase-back and burn: Taking proceeds from market place gross sales to strengthen the token ecosystem.
- RWA Platform: Participation in fractionalised possession choices of luxurious automobiles and far more.
Driving Options for Luxurious on Blockchain
“We’re extremely pleased with the overwhelming assist throughout our $AUTOS Group Launch occasion, which raised $4.5 million in simply 5.5 hours”
“This marks the start of an thrilling journey for us. The $AUTOS token completes the CryptoAutos market providing by enhancing transactions, staking alternatives, and community-driven governance. Collectively, we’re constructing a decentralised future for luxurious possession, with $AUTOS as the important thing to unlocking this imaginative and prescient.” mentioned Harley Foote, Co-Founder & CEO of CryptoAutos.
Key Particulars for the TGE
- Date: 11th December 2024
- Time: 12 PM UTC
- Launch Worth: $0.04
- DEX: Uniswap
- CEX: KuCoin & Gate.io
Extra updates on partnerships, tokenomics, token utility updates and future listings will likely be shared as CryptoAutos advances the expansion of its ecosystem.
About CryptoAutos
CryptoAutos goals to redefine mass adoption in Web3, with a confirmed monitor file of $58M in crypto automobile gross sales, 180,000 month-to-month web site visits, and over 120,000 whitelisted customers. As a number one international automotive market and Actual-World Asset (RWA) platform, Crypto Autos bridges Web2 and Web3 by including real-world utility to digital belongings.
By way of partnerships like TON and BNB, a community of 1,500+ partnered dealerships, and unique $AUTOS token utilities, Crypto Autos allows seamless crypto-to-fiat transactions, fractionalized supercar possession, and AI-powered automobile insights. The platform is poised for vital progress by leveraging an increasing person base and distinctive improvements to unlock the way forward for mobility and crypto funding.
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