Those responsible for the BitCar project have announced a week before the end of its ICO, that they will dispose of any unsold tokens after its public sale closes.
The project aims to give the masses access to a range of exotic models of car, from pumped-up supercars through to vintage classic, by means of a blockchain-based fractional ownership investment business model.
According to the latest Knight Frank Luxury Investment Index, classic cars have seen some recent striking auction results. A 1956 Aston Martin DBR1 for example, raced by legendary driver Stirling Moss, was the year’s top seller when it was auctioned by RM Sotheby’s for US$22.5 million.
Read more here
Join us in Miami from the 20th to the 22nd of June for the Global Online Marketplaces Summit. Our summit theme is From Classifieds to Marketplaces – Capturing Value from the Transaction and we’ll hear from Global Leaders who are creating the Online Marketplaces of Tomorrow.