Cryptocurrency and the blockchain technology keeps evolving every single day, people from all walks of life are engaging in the cryptocurrency and blockchain industry and most of them are reaping the benefits. More platform is being integrated each and every day. HELBIZ is a car sharing solution that has been added in the cryptocurrency and blockchain industries. The car-sharing solution allows people using the platform to rent out their vehicles using the blockchain technology. The process is simple. All users need to do is use the phone without any other manual involvement needs. Here is all you need to know about HELBIZ
HELBIZ development began in 2017 according to the timeline found on the official website. The timeline is as follows:
- Q3, 2017: development began
- Q1 2018, listing on top exchange and ICO
- Q2, 2018: MVP OD marketplace and the launch of operations in Los Angeles plus the integrated system for payments.
- Q3, 2018: private Alpha allows owners or share and sell datQ1, 2019: Beta version of wallet, reward system, and exchange
- Q2, 2018: version 1.0 of the platform will go online.
The HBZ token and token distribution
The HBZ token is the backbone of the platform. The Ethereum based ERC20 tokens are the only token used on the platform. People using the platform need to pay for services and perform other transaction on the platform using the token. According to HELBIZ team, a total of 1 billion (1,000,000,000) HBZ was made available. The token distribution was as follows: 48% sold in the token sale
- 25% Retained for growth funds
- 10% Advisors and Early Backers
- 10% Team
- 4% Pre-sale
- 3% Bounty Program
The funds were used for development of the platform, onboarding new car owners, business development, dealerships, rentals, collaboration with insurance companies and PR and marketing. The aim of the token distribution is to build a strong community at the same time allow for token usability and awareness projects. ETH is the only purchase method.
Who is behind the platform?
The team being the platform includes crypto enthusiasts and other experts in other fields. Led by Stefano Ciravegna and Giulio Profumo, the team aims to make HELBIZ one of the best car sharing solution available. Other team members include Elia Fedorovski, Nemanja Stancic, Jelena Stojanac, Nima Ghassemi, and Osman. With the mission of providing a seamless car sharing solution to users, the team works hard towards achieving this mission.