HIREGO (ICO): New platform for vehicle leasing by cryptocurrency, based on Blockchain

in #cryptocurrency • 7 years ago (edited)

Statistics show an impressive increase in the number of carpooling members worldwide, from just 5 million in 2014 to approximately 36 million in 2025. By establishing a platform on which the confidence of all users is based, users and companies are encouraged to list the vehicles that open the way to the world's largest vehicle market. Decentralised blockcahin technology ensures fairness, transparency and maximum use of vehicles, which is essential for owners to achieve maximum benefit. The HireGo platform is part of the future of connected shared mobility. In a short time, through Blockchain, people will have access to various forms of mobility, including bicycles, public transport and car sharing. HireGo is the standard, being the pioneer in creating a DApp (decentralized application) of shared vehicles in the Ethereum test network. Join this exciting project we are building with great partners like Origin Protocol and Mobiq Group.

What is HIREGO?

The HireGo project is nothing more than a decentralized market platform which allows its users to rent their vehicles in a safe and reliable environment. The market makes use of Ethereum's blockchain technology as a public general ledger for both rental transactions, and for carrying out the transactions themselves, using an intelligent contract framework.

The HireGo market provides a catalogue of vehicles for rent. The customer has the possibility to choose the vehicle of his preference, to insure it for the period of time he wishes and to settle the payment, in-app, through the HGO token, which is a cryptocurrency compatible with ERC20 and created for this purpose. The large influx of HireGo users creates a multitude of vehicles listed on the market and can easily be added to the application; additional tools are available for "advanced users" to enable them to have a larger number of vehicles.

The platform will use incentive systems, through social media and applications, to compensate users for creating useful content (such as well-written reviews) and increasing the number of community members. It is important that effective use of the market is promoted and HireGo believes that exceptional users should be encouraged, both those who consistently provide great feedback and those who receive it. HireGo will employ various gamification techniques, including virtual trophies, and provide financial incentives to foster a pleasant and professional community.

HireGo Features

  • Confidence

With blockchain-based user identity solutions, you can verify that platform users are genuine and reliable. Everything will be stored in the blockchain, creating an indisputable record of the user's behaviour.

  • Communities

HireGo helps users and businesses establish communities within the application so they can decide with whom to share their car.

  • Smart Contracts

The use of intelligent contracts, which are executed on the Ethereum network, eliminates the intervention of an intermediary and allows users to carry out rental transactions without trust.

  • IoT Ready

When vehicles become OIs, future generations of the HireGo contract will make physical access to vehicles dependent on the ownership of the necessary tokens.

Smart Contracts

The HireGo market platform will apply three smart contracts to the Ethereum network: the HGO token, a non-expendable car token and a rental agreement. A new custody contract will be deployed for use in a hub-and-spoke model, ensuring that any improvements or bug fixes are released in a timely manner and without loss of data.

HGO Token

The application's currency is the HGO token, a cryptocurrency that conforms to the ERC20 standard. A total of 100,000,000,000 tokens will be generated, of which 60% will be allocated to an initial coin offer. Each token shall be divisible to 18 decimal places. All value changes in the HireGo market will be made using HGO tokens.

The gas costs incurred by the operations performed with the HireGo application will be covered, ensuring that users do not need to have an Ether balance (ETH) to perform the operations. There will be protection mechanisms to ensure that bad actors do not abuse this system. When a transaction is selected, the cost of the gas is transferred to the user's address and, once confirmed, the rental transaction is issued by the application.

Token Features

  • Symbol: HGO

  • Base value: 1 ETH = 4,000 HGO

  • Type: ERC20

  • Token supply: 100,000,000 HGO

  • Bonus: Available

  • Reward: Available

  • MVP/Prototype: Available

  • Platform: Ethereum

  • Accepting: ETH

  • Minimum investment: 0,05 ETH

  • Soft cap: 1.500 ETH

  • Hard cap: 15.000 ETH

  • Country: UK

  • Whitelist/KYC: KYC and Whitelist

  • Restricted areas: USA

Route Map

Quarter 2 of 2018

  • Launch HGo Token crowdsale (ICO) and list on crypto currency exchanges

Quarter 3 of 2018

  • Deliver the first beta of the HireGo iOS application

Quarter 4 of 2018

  • Deliver the HireGo application for Android, issue token incentives for first-time users

Quarter 1 of 2019

  • Deliver the HireGo web application

Quarter 2 of 2019

  • Provide APIs to allow other applications to use HireGo tokens

Quarter 3 of 2019

  • Launch of the beta version of the HireGo car sharing platform

Quarter 4 of 2019

  • Integration of IoT devices for intelligent contract sharing (beta)

HireGo work team

  • Bobby Tomkins - ICO and Investment Advisor

  • Ali Ayyash - Block Chain Advisor

  • Dr. Vimal Gahlot - Urban Transport Expert

  • Esther Carrión - Shared Economy Advisor

  • Luqman Hussain - Co Founder / Block Chain Expert

  • Adil Bashir - Co Founder / Industry Analyst

  • Luke Mitchell - Smart Contract Expert

  • Claudio Ramírez - Blocking Chain Expert

  • Lee MingMing - Intelligent Contract Developer

  • Ishan Fernando - Full Stack Developer

  • Shakil Hussain - UI/UX Designer

  • Coleman Maher - Senior Advisor

Links of interest

AUTOR

BY CJOTA

#ico #blockchain #bitcoin #busy
7 years ago in #cryptocurrency by
$0.00
    3 votes
    Reply 1
    Sort:  
  • Trending