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Investment on cryptocurrencies is something that is demanding a cool head and a great deal of analysis these days. With a saturated market and thousands of unclear offerings, there is always the risk of running into a scam or worst yet: of investing into a near-worthless utility. The problem lays in the offering. A lot of ICO’s out there offer to fix the impossible by publishing whitepapers that paint a pretty picture about the viability of a return on the investment. They come with unclear roadmaps that illustrate the means to get there, but they hardly offer an explanation of their actual utility.
The road to a sincere offering
The people at Helbiz started to walk their path by making sure that potential investors and a user had a clear idea of their long-term plans. The company is looking to change the way mobility services are offered by taking out the middleman and getting asset owners and users together under one roof to make direct deals. Although they are following a road very similar to most ICO’s out there, their whitepaper exceeds sincerity, and it explains in very clear terms a well-laid plan to improve mobility services by applying sharing economy principles to a wide range of offerings besides the classic luxury cars.
A token utility with actual purpose
In an unusual turn of events, Salvatore Palella and his team at Helbiz are working to offer a token utility that does not focus on speculative features, unlike Bitcoin and Ethereum whose only purpose is to handle financial transactions. The HBZ token has the clear mission of decentralizing mobility services by creating a platform where vehicle owners can compete to offer their services at low costs in an open ecosystem. While the performance of the token has yet to be tested in the open market, the development team intends for it to be a stable asset that is primarily used to contract transportation services.
The performance of Helbiz so far
The perception of the market of Helbiz so far has been a positive one. The token utility had a very successful launch event selling 30 million HBZ of their initial supply of 40 million units destined for their Pre-ICO sale. The token is only payable using Ethereum at an exchange rate of 1 ETH = 8,000 HBZ. Currently, the company needs to reach a soft cap of 5,000 ETH to begin development and 62,500 ETH to be considered successful. The sale of the remaining supply of 520 million HBZ will begin at February 15th.\
The thought process behind Helbiz
Helbiz is offering a solution based on practicality. They firmly believe that not everybody needs to own a car to get where they need. A lot of people just need to lease one for a certain amount of time or to do a specific errand. The company made a study that revealed that every vehicle owner out there has his asset parked 96% of the time on any given day while they actually use it the remaining 4%. Helbiz is a chance for regular people to monetize their vehicle, generate additional income and create a business opportunity that could eventually evolve into a new line of work.
For more information about how Helbiz can change the mobility market, you can visit https://www.helbizcoin.io/,ANN Thread,BOUNTY Thread, Telegram
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Helbiz kicked people out of HBZ telegram official chanel and bounty chanel whoever complained about 1st airdrop delay.
This is really non-sense situation, can't understand how you treat people.
We will report to SEC and FTC, also to US Justice Department.