SH Capital, an investment bank, has recently teamed up with the award-winning German company TrustedCars to provide them pre-ICO and ICO support. TrustedCars is currently working towards revolutionizing the idea of car ownership by turning dealerships into innovative mobility providers while offering commitment-free, all-inclusive and affordable car ownership to the customers.
July 5, 2018
A rapidly expanding investment bank offering ICO advisory services to the most promising crypto start-ups, SH Capital has recently announced the signing of a contract with TrustedCars. An award-winning German company, TrustedCars has designed a unique solution that offers consumers a convenient way to own a vehicle without any ownership responsibility whatsoever. On the other hand, it provides dealerships an additional income source and access to a new generation of car users.
Though there has been a significant change in customer behaviour over the years, the vehicle ownership space has experienced very little innovation to address the changing needs of the users. Instead of being locked into long-term contracts, today’s consumers prefer a convenient, simple and flexible ownership model. However, the currently available mobility concepts cover only a very small fraction of the market. TrustedCars was established to introduce a new way of vehicle ownership that is affordable, all-inclusive, and completely commitment-free.
Founded in 2015, TrustedCars offers an end-to-end digital solution that allows the customers to choose from the available inventory of all participating dealers within the company’s network. They can sign-up easily through a mobile app, and pick up the vehicle of their choice at the local dealership. Without any long-term contract, they receive everything other than the fuel, including warranty, roadside assistance, maintenance, insurance, taxes and registration. The customers decide when and for how long they need a vehicle and pay only for the time they actually use it.
TrustedCars also provides a viable solution for the auto dealerships looking to increase their revenue and reduce the holding costs. This effective ownership model ensures that the vehicles making money on the roads, instead of occupying space on the dealership. Recently, TrustedCars has been named one of the most innovative and interesting Blockchain Projects in Germany by the Federal Ministry for Economic Affairs and Energy.
“TrustedCars is undoubtedly one of the most exciting blockchain ventures all over the world, and it is a matter of great pleasure for SH Capital to work with them,” said Ilya Anikin, the Founder and CEO of SH Capital.
To find out more, please visit https://ico.trustedcars.com/
About SH Capital: SH Capital is an investment bank with an extensive experience in venture capital and private equity deals, focused on ICO investment advisory services. The company’s Founder Ilya Anikin has the track record of carrying out a huge number of investment deals, totalling more than $300 million. A large number of crypto start-ups have benefited from the company’s pre-ICO and ICO support.
About TrustedCars: TrustedCars Flex is incorporated in Germany and is a spin-off of TrustedCars GmbH. Under the brand name TrustedCars, the company extends the purchase experience of new and used vehicles beyond any existing channel. Their all-inclusive blockchain solution is expected to change the idea of car ownership by turning dealerships into innovative mobility providers while offering commitment-free, all-inclusive and affordable car ownership to the customers.