micars-ico-review
Company: MiCars
Industry: Car Rental
Website: https://www.micars.io/
Whitepaper https://www.micars.io/wp-content/uploads/2017/12/WhitePaper-EN.pdf
Headquarters: France
Token: MCR
Platform: Ethereum
ICO Timeframe: Pre-Sale (Now), ICO (January 2018)
Token Supply: 22,500,000 MCR (Crowdsale)
 Score:  43/100

 

MiCars has developed a luxury vehicle hiring platform without the constraints of a hiring agency. MiCars will allow users to hire full-options vehicles 24/7 in ten different cities globally through the use of their mobile application. With MiCars, your car hire becomes fast and easy. MiCars’ tagline is “Forget about wasting time at hiring agencies and get driving your vehicle”.

 

PROS:  Private investment of 1.5€ million, project partially complete, highly scalable, benefits from large regulatory push in and around Paris to move to all-green energy vehicles and eco-friendly forms of transportation.

 

CONS:  Disclosure of initial investors is unclear (why wasn’t initial financing for 100% of project?), claims to be a luxury vehicle platform, however, initial plans for each cities’ MiCars location only includes 10 vehicles, lack of advisory board.

 

SCORE:  43/100