London, UK (TADAWUL:), December 10, 2024, Chainwire
CryptoAutos, the world's first blockchain-powered luxury automotive marketplace, announces a Token Generation Event (TGE) for its native utility token $AUTOS scheduled for December 11, 2024 at 12:00 PM UTC. did. This event represents a significant development in CryptoAutos' efforts to enhance ownership and interaction of high-value assets through blockchain technology.
$AUTOS will launch at a fixed price of $0.04, representing a fully diluted valuation (FDV) of $40 million. The tokens will be available on DEXs and multiple CEXs. KuCoin and Gate.io ensure broad access to the global community.
Community launch hits $4.5 million in hours
TGE's announcement follows the successful community launch at Fjord Foundry, which raised $4.5 million in just 5.5 hours with 1,710 $AUTOS buyers participating. This strong demand reflects interest in and confidence in the CryptoAutos ecosystem, which combines blockchain innovation with the exclusivity of luxury car ownership.
Token claim and airdrop distribution details
Public sale participants can claim 100% of their tokens in TGE through CryptoAutos’ easy claim process. Detailed instructions can be found in the official guide.
For $AUTOS airdrop winners, the tokens will be automatically airdropped into the connected wallet during the Telegram game as soon as TGE goes live.
USEFULNESS AND VISION OF $AUTOS
The $AUTOS token is integral to CryptoAutos' blockchain-powered platform, providing a seamless, secure and efficient way to interact with high-value assets. It promotes.
Transactions: Simplify luxury car purchases without the need for traditional banking. Membership: Enables owners to earn various levels of benefits from a portfolio of luxury vehicles, such as reduced fees, access to rentals, and access to additional incentives. Governance: Empower your community to shape the direction of your platform through decentralized voting. Buyback and Burn: Receive revenue from marketplace sales and strengthen the token ecosystem. RWA Platform: Participating in a Fragmented Platform Luxury Car Driving Solution on the Blockchain “Incredibly proud of the overwhelming support during the $AUTOS community launch event that raised $4.5 million in just 5.5 hours “This is the beginning of an exciting event.'' A journey for us. The $AUTOS token completes the CryptoAutos Market offering by powering transactions, staking opportunities, and community-driven governance. With $AUTOS as the key to unlocking this vision, together we are building a decentralized future for luxury ownership. ” said Harley Foote, Co-Founder and CEO of CryptoAutos.
Key details of TGE
Date: December 11, 2024 Time: 12:00 PM UTC Launch Price: $0.04DEX: Uniswap CEX: KuCoin & Gate.ioCryptoAutos Updates on Partnerships, Tokenomics, and Token Utility as it Advances Ecosystem Growth Information will be shared, as well as additional updates regarding future listings.
About crypto auto
CryptoAutos aims to redefine mass adoption of Web3 and has a proven track record of $58 million in crypto auto sales, 180,000 monthly site visits, and over 120,000 whitelisted users. As the world's leading automotive marketplace and real-world asset (RWA) platform, Crypto Autos bridges Web2 and Web3 by adding real-world utility to digital assets.
Through partnerships such as TON and BNB, a network of over 1,500 affiliated dealers, and a proprietary $AUTOS token utility, Crypto Autos offers seamless crypto-to-fiat trading, disaggregated supercar ownership, and AI Enables insight into your vehicle. The platform is poised for significant growth by leveraging its expanding user base and unique innovations to carve out the future of mobility and cryptocurrency investing.
Please visit the link below for more information.
Product Website: cryptoautos.comToken Website: autostoken.xyz Whitepaper: View WhitepaperPitch Materials: View Pitch MaterialsTwitter: twitter.com/cryptoautosTelegram: t.me/CryptoAutosHubContact Co-Founder and CEOHarley FooteCryptoAutosharley @cryptoautos.com
This article was originally published on Chainwire
