CARNOMALY - The First Ever Crypto Automotive Rebate Platform
WHAT IS CARNOMALY?
This is a good question. Coming up with a name for a project is very difficult because it needs to define you in one word. So the first part of the name is just what is says “Car”, we are an automotive crypto project so that part was easy. However coming up with the rest of the name was a little more challenging. We knew we wanted to be different and unique in our own way, like an anomaly. So this is how the name Carnomaly was born.
So now how do we make sure we live up to the name that we have chosen? Well we do this by bridging the automotive industry into the crypto world by offering the first ever crypto automotive rebate platform. Carnomaly will give people the ability to earn a crypto rebate back for buying an automobile, new or used anywhere in the world. On top of that Carnomaly will build the most innovative online automotive marketplace with the largest network of dealers worldwide. Imagine being able to have a vehicle brought to your work so you can see it and having your current car appraised at the same time. Imagine being able to pay your down payment with bitcoin. Imagine getting an additional rebate on top of the already great deal you received.
These are just a few of the things that Carnomaly will bring to the online marketplace.
THE FUTURE OF CARNOMALY
Carnomaly will become the first company ever to offer a worldwide rebate for an automotive purchase. Both new and used vehicles will apply, as long as they are purchased from a verified legal dealer anywhere in the world. Upon completion of our consumer platform, Carnomaly will begin buying back tokens to replenish the rebates for years to come. The proceeds from the consumer platform is what Carnomaly will use to purchase back tokens that are on the open market.
THE PROBLEM
In 2018, the United States automotive industry reached a little over 1 Trillion dollars in new vehicle sales and 116 Billion in parts and service. Advertising has averaged 9.5 billion dollars for the last 3 years with 56.3% from online marketing. Today consumers use third party websites to research and shop for their next purchase. These 3rd party websites limit the way consumers shop for a vehicle as they only focus is on one thing, “price”. These 3rd party sites make their money solely on charging dealers monthly fees to list their inventory. Over the last 5 years, the monthly fees for dealers to list inventory has increased to thousands, even tens of thousands of dollars per month. In todays world, consumers want options, so why not provide options for how they can shop for their next vehicle while keeping the cost down for dealers.
Due to the abundance of information available online, dealers have become more transparent for the consumer in order to get them into their showroom. In order to do so, they must be very aggressive with their pricing on these 3rd party websites. Over the last decade, this cycle has driven profit margins lower and lower for vehicle sales and has allowed the 3rd party sites to control the market. Due to the high monthly fees of these 3rd party websites, dealers must make up the difference somewhere, chancing a poor customer experience for the sake of making up the loss in price.
With the current outdated online automotive model there are several opportunities for improvement. In our research, we have found that most of the top online platforms have no real “in-dealership” experience on their executive teams. Throughout our teams 25+ years working in the dealership, we have experienced the frustrations and lack of direction that consumers get with the current online model. Carnomaly will be addressing these issues for both, the consumer and the dealer. We will be launching a digital online platform that that will be far superior than the competition. Our goal is to provide an easy-to-navigate platform that helps consumers search for a vehicle and dealers to control costs, allowing the dealer to pass the savings onto the consumer. Carnomaly’s goal is to provide a win-win for both parties involved.
THE CARNOMALY SOLUTION
Carnomaly will be the most advanced online digital platform in the automotive market. Consumers will have multiple ways to shop for a vehicle. No longer will they just be able to use the standard matrix’s that the current platforms have with just price and miles. Consumers will have new ways to shop and Carnomaly will provide them with the options needed to make an informed decision before even stepping onto the showroom floor. Carnomaly will serve 2 markets, consumers and dealers. These features will make for an easier buying experience and will allow the 30,000+ franchise and private dealers the opportunity to get in front of these customers. For the dealers, we will address the cost and inventory issues they currently have while helping them accept cryptocurrency as payment.
TOKEN DETAIL
The primary functionality of the CARR token is to allow token holders to earn rebates on automotive purchases worldwide by registering on the Carnomaly.io rebate platform. Carnomaly has allocated 56 percent of the token supply to the CARR rebate ecosystem. Utilizing only the Ethereum network will make it easy to analyze how many tokens each member is holding and what level of membership each member has achieve.
ROADMAP
OVERALL GOAL
Carnomaly will become the first company ever to offer a worldwide rebate for an automotive purchase. Both new and used vehicles will apply, as long as they are purchased from a verified legal dealer anywhere in the world. Upon completion of our conusmer platform, Carnomaly will begin buying back tokens to replenish the rebates for years to come. The proceeds from the consumer platform is what Carnomaly will use to purchase back tokens that are on the open market.
Q4 - 2019
- Publish Whitepaper
- Complete Utility Token filing with SEC
- Begin Digital Marketing Campaign
- Begin Private Sale
Q1 - 2020
- Launch rebate token platform
- Final Round of Private Sale
- 1st round of IEO
Q2 - 2020
- Complete round 2/3 of IEO
- Begin Development of AVB (Advanced Vehicle Blockchain)
- Token Air Drop After IEO is complete
- Open consumer access to Rebate Portal to allow sign ups
- Increase Digital Marketing Campaign
Q3 - 2020
- Carnomaly Rebates Begin
- Launch Beta versions of Carnomaly Dealer Site
- AVB launches
Q4 - 2020
- Full version of Dealer Site Launches
- Begin Signing up Dealers
- Profits from Dealer Fees are put back into the Token Platform to buy back tokens to refuel the rebates.
Q1 - 2021
- Carnomaly will continue to grow and implement new ideas and solutions into the online automotive marketplace.
ACCURATE INFORMATION
- Website: https://carnomaly.io/
- Telegram: https://t.me/Carnomaly
- Twitter: https://twitter.com/carnomaly
- Facebook: https://www.facebook.com/Carnomaly/
- Whitepaper: https://carnomaly.io/wp-content/uploads/2019/12/Carnomoly_Whitepaper_PROOF_12.18.19_v2.pdf
AUTHOR
Bitcointalk Username: Ris88
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=742331
ETH Wallet Address: 0x2CF4F93348116B2Ce67Ecb7A9eA57E10Bf0f81A2