What is CarBlock (CAR)

Car owners through Carblock can earn token rewards for providing data and in return, receive a more tailored, or reduced, pricing based on the data they provide. This allows Carblock participants to enjoy more creative services and products built from the provided data.

All innovators will have access to the data they needed and can build more creative services and applications upon it.

The CarBlock Chain, built on Tendermint, will also provide a large number of TPS to accommodate the high projected volume of connected car transactions.

CarBlock will use the IPFS protocol to have all the information provided by the Validator be stored on IPFS.

Details

Token supply: 720,000,000
Soft cap: 5,000ETH
Raised: 22,920,000 USD

Legal

Country limitations: United States,
Registration country: United States
Registration year: 2017

Token info

Ticker: CAR
Type: Utility-token
Accepted currencies: ETH
Token distribution:
40% – CarBlock Community
20% – Miners
20% – Core Team
15% – Marketing
5% – Advisory Team
Funds allocation:
35% – R&D
35% – Biz and Partnership Development
20% – Marketing
5% – Legal
5% – G&A