{"id":27282,"date":"2024-12-10T13:57:16","date_gmt":"2024-12-10T13:57:16","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=27282"},"modified":"2024-12-10T13:57:16","modified_gmt":"2024-12-10T13:57:16","slug":"cryptoautos-announces-tge-for-autos-token-following-sold-out-public-sale","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=27282","title":{"rendered":"CryptoAutos Announces TGE for $AUTOS Token Following Sold-Out Public Sale"},"content":{"rendered":"

[PRESS RELEASE \u2013 London, United Kingdom, December 10th, 2024]<\/strong><\/p>\n

CryptoAutos<\/strong><\/a>, the world\u2019s first blockchain-powered luxury automotive marketplace, has announced the Token Generation Event<\/strong> (TGE) for its native utility token, $AUTOS<\/strong>, scheduled for 11th December 2024 at 12 PM UTC<\/strong>. This event represents a significant development in CryptoAutos\u2019 efforts to enhance the ownership and interaction of high-value assets through blockchain technology.<\/p>\n

$AUTOS will launch at a fixed price of $0.04, representing a fully diluted valuation (FDV) of $40 million. The token will be available on the Uniswap<\/strong> DEX and multiple CEX\u2019s; KuCoin<\/strong> and Gate.io<\/strong>, ensuring wide accessibility for the global community.<\/p>\n

Community Launch Achieves $4.5 Million in a Matter of Hours<\/strong><\/p>\n

The TGE announcement follows a successful Community Launch<\/strong> on Fjord Foundry<\/strong><\/a>, which raised $4.5 million<\/strong> in just 5.5 hours<\/strong>, with participation from 1,710<\/strong> $AUTOS buyers. This strong demand reflects interest and trust in the CryptoAutos ecosystem, which combines blockchain innovation with the exclusivity of luxury automotive ownership.<\/p>\n

Token Claims and Airdrop Distribution Details<\/strong><\/p>\n

Public sale participants can claim 100% of their tokens upon TGE through CryptoAutos\u2019 simple claiming process. Detailed instructions are available in the official guide<\/a>.<\/p>\n

For winners of the $AUTOS airdrop, Tokens will be automatically airdropped to the wallet connected during the Telegram game as soon as TGE goes live.<\/p>\n

The Utility and Vision of $AUTOS<\/strong><\/p>\n

The $AUTOS token is integral to CryptoAutos\u2019 blockchain-powered platform, providing a seamless, secure, and efficient way to engage with high-value assets. It facilitates;<\/p>\n

Transactions:<\/strong> Simplifying luxury vehicle purchases without the need for traditional banking.
\nMembership:<\/strong> Enabling holders to potentially earn varying levels of diverse benefits from a portfolio of luxury cars, including fee reductions, access to rentals, and access to additional incentives
\nGovernance:<\/strong> Empowering the community to shape the platform\u2019s direction through decentralized voting.
\nBuy-back and burn:<\/strong> Taking proceeds from marketplace place sales to strengthen the token ecosystem.
\nRWA Platform: <\/strong>Participation in fractionalised ownership offerings of luxury cars and much more.<\/p>\n

Driving Solutions for Luxury on Blockchain<\/strong><\/p>\n

\u201cWe\u2019re incredibly proud of the overwhelming support during our $AUTOS Community Launch event, which raised $4.5 million in just 5.5 hours\u201d<\/p>\n

\u201cThis marks the beginning of an exciting journey for us. The $AUTOS token completes the CryptoAutos market offering by enhancing transactions, staking opportunities, and community-driven governance. Together, we\u2019re building a decentralised future for luxury ownership, with $AUTOS as the key to unlocking this vision.\u201d said Harley Foote<\/strong>, Co-Founder & CEO of CryptoAutos<\/strong>.<\/p>\n

\u00a0<\/p>\n

Key Details for the TGE<\/strong><\/p>\n

Date: 11th December 2024
\nTime: 12 PM UTC
\nLaunch Price: $0.04
\nDEX: Uniswap
\nCEX: KuCoin & Gate.io<\/p>\n

Additional updates on partnerships, tokenomics, token utility updates and future listings will be shared as CryptoAutos advances the growth of its ecosystem.<\/p>\n

About CryptoAutos<\/strong><\/p>\n

CryptoAutos<\/strong><\/a> aims to redefine mass adoption in Web3, with a proven track record of $58M in crypto car sales, 180,000 monthly site visits, and over 120,000 whitelisted users. As a leading global automotive marketplace and Real-World Asset (RWA) platform, Crypto Autos bridges Web2 and Web3 by adding real-world utility to digital assets.<\/p>\n

Through partnerships like TON and BNB, a network of 1,500+ partnered dealerships, and exclusive $AUTOS token utilities, Crypto Autos enables seamless crypto-to-fiat transactions, fractionalized supercar ownership, and AI-powered vehicle insights. The platform is poised for significant growth by leveraging an expanding user base and unique innovations to unlock the future of mobility and crypto investment.<\/p>\n

For more information, users can visit the links below;<\/p>\n

Product Website: cryptoautos.com<\/a>
\nToken Website: autostoken.xyz<\/a>
\nWhitepaper: View Whitepaper<\/a>
\nPitch Deck: View Pitch Deck<\/a>
\nTwitter: twitter.com\/cryptoautos<\/a>
\nTelegram: t.me\/CryptoAutosHub<\/a><\/p>\n

The post CryptoAutos Announces TGE for $AUTOS Token Following Sold-Out Public Sale<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

[PRESS RELEASE \u2013 London, United Kingdom, December 10th, 2024] CryptoAutos, the world\u2019s first blockchain-powered luxury automotive marketplace, has announced the Token Generation Event (TGE) for its native utility token, $AUTOS, scheduled for 11th December 2024 at 12 PM UTC. This event represents a significant development in CryptoAutos\u2019 efforts to enhance the ownership and interaction of […]<\/p>\n","protected":false},"author":0,"featured_media":27283,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-27282","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/27282"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27282"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/27282\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/27283"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}