CryptoAutos, the world’s first blockchain-powered luxury
automotive marketplace, has announced the Token Generation Event (TGE) for its
native utility token, $AUTOS, scheduled for 11th December 2024 at 12 PM UTC.
This event represents a significant development in CryptoAutos’ efforts to
enhance the 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 token will be available on
the Uniswap DEX and multiple CEX’s; KuCoin and Gate.io,
ensuring wide accessibility for the global community.
Community Launch Achieves $4.5 Million in a Matter of
Hours
The TGE announcement follows a successful Community Launch
on Fjord Foundry, which raised $4.5 million in just 5.5 hours, with
participation from 1,710 $AUTOS buyers. This strong demand reflects interest
and trust in the CryptoAutos ecosystem, which combines blockchain innovation
with the exclusivity of luxury automotive ownership.
Token Claims and Airdrop Distribution Details
Public sale participants can claim 100% of their tokens upon
TGE through CryptoAutos’ simple claiming process. Detailed instructions are
available in the official guide.
For winners of the $AUTOS airdrop, Tokens will be
automatically airdropped to the wallet connected during the Telegram game as
soon as TGE goes live.
The Utility and Vision of $AUTOS
The $AUTOS token is integral to CryptoAutos’
blockchain-powered platform, providing a seamless, secure, and efficient way to
engage with high-value assets. It facilitates;
- Transactions:
Simplifying luxury vehicle purchases without the need for traditional
banking. - Membership:
Enabling holders to potentially earn varying levels of diverse benefits
from a portfolio of luxury cars, including fee reductions, access to
rentals, and access to additional incentives - Governance:
Empowering the community to shape the platform’s direction through
decentralized voting. - Buy-back
and burn: Taking proceeds from marketplace place sales to strengthen
the token ecosystem. - RWA
Platform: Participation in fractionalised ownership offerings of
luxury cars and much more.
Driving Solutions for Luxury on Blockchain
“We’re incredibly proud of the overwhelming support during
our $AUTOS Community Launch event, which raised $4.5 million in just 5.5
hours”“This marks the beginning of an exciting journey for us. The $AUTOS token
completes the CryptoAutos market offering by enhancing transactions, staking
opportunities, and community-driven governance. Together, we’re building a
decentralised future for luxury ownership, with $AUTOS as the key to unlocking
this vision.” said Harley Foote, Co-Founder & CEO of CryptoAutos.
Key Details for the TGE
- Date:
11th December 2024 - Time:
12 PM UTC - Launch
Price: $0.04 - DEX:
Uniswap - CEX:
KuCoin & Gate.io
Additional updates on partnerships, tokenomics, token
utility updates and future listings will be shared as CryptoAutos advances the
growth of its ecosystem.
About CryptoAutos
CryptoAutos (http://www.cryptoautos.com/) aims to
redefine mass adoption in Web3, with a proven track record of $58M in crypto
car sales, 180,000 monthly site visits, and over 120,000 whitelisted users. As
a leading global automotive marketplace and Real-World Asset (RWA) platform,
Crypto Autos bridges Web2 and Web3 by adding real-world utility to digital
assets.
Through partnerships like TON and BNB, a network of 1,500+
partnered dealerships, and exclusive $AUTOS token utilities, Crypto Autos
enables seamless crypto-to-fiat transactions, fractionalized supercar
ownership, and AI-powered vehicle insights. The platform is poised for
significant growth by leveraging an expanding user base and unique innovations
to unlock the future of mobility and crypto investment.
