Advancing The Automotive Industry With Carnomaly’s Initial Exchange Offering (IEO)

FebonaDee
3 min readFeb 10, 2021

Blockchain technology started to arise as a real-world tech opportunity between 2016 and 2017. It has been poised to transform IT in much the same process open-source software several years ago, and it is based on a peer-to-peer (P2P) topology. Blockchain is recognized as a distributed ledger technology (DLT) that facilitates data to be collected globally on thousands of servers while enabling anyone on the network to view everyone else’s listings in near real-time. That executes it challenging for one user to obtain control of, or game, the network. It accommodates the plight of transactional transparency, the capability to devise robust and real-time communication networks with partners worldwide to support everything from supply chains to payment networks, and now extended to the automotive industry, which Carnomaly leads the niche.

The automotive industry has historically kept low consumer satisfaction standards. Carnomaly was organized on the idea that cryptocurrency and blockchain technology offer resolutions to some of the most important difficulties in the automotive industry. Its industry experts’ team is utilizing insider knowledge to pinpoint the intricacies challenging consumers and dealers today. Carnomaly’s line of solutions will present answers that advance consumer fulfillment and build an innovative, leading global industry.

What is Carnomaly?

Carnomaly, an innovative and revolutionary online automotive marketplace that aims to change the process cars are purchased.

Buying vehicles utilizing cryptocurrency has become simpler with the emergence of this platform. This blockchain-powered online automotive marketplace provides users the access to buy cars utilizing Bitcoin, Ethereum, and Litecoin. Cars can also be bought using the CARR token, Carnomaly’s Ethereum-based ERC-20 token that members can obtain through various popular cryptocurrency exchanges.

The car buying process at Carnomaly involves these easy steps:

  • Finding a vehicle.
  • Paying with cryptocurrency.
  • Endorsing the payment with a dealer.
  • Managing shipment from anywhere in the world.

Potential buyers can survey cars by custom and pick from their preferred trucks, sedans, coupes, SUVs, hatchbacks, and convertibles. It is plausible to buy cars used as well as new inside the platform.

Employing a range of robust technology solutions, Carnomaly strives to deliver digital innovation to the automotive industry within the power of blockchain technology. Several specialists conclude that innovations such as CarrChain and CarrDefi will have a long-lasting influence on the system people buy, sell, report, and fund new or used vehicles. Unlike most other car buying sites, Carnomaly also contributes an excellent dealer’s program.

CarrChain that can be accessed on the web, is a digital profile for vehicles established by blockchain technology. It builds a “Digital Vehicle Identification Number” for every car in the system. Each detail continues safely saved within the blockchain, protected from tampering or revision. History reports from CarrChain are precise, accurate, and transparent, which indicates a more favorable vehicle price for sellers.

The tech company has also designed the crypto-powered solution, CarrDefi, that it states will win the constraints of an outdated and fixed auto lending process. This decentralized blockchain system eliminates the role of banks in securing loans and assets. Instead, CarrDefi connects borrowers and lenders to a secured loan pool on a blockchain with a verifiable public history. As a result, Carnomaly members have broad authority over their financial assets and efficiently carry out peer-to-peer transactions.

Carnomaly Initial Exchange Offering (IEO)

Carnomaly announces its Initial Exchange Offering (IEO) to several well-known exchanges. Started last January 26, 2021, it has extended to its second round on the following platforms:

ExMarkets

CoinMargin

ProBit

LaToken

Coming soon:

Qubit Exchange

BitForex

P2PB2B

Tokensale Details:

The Carnomaly (CARR) IEO sale starts on January 26!

Phase 1: 01/26/2021, 10:00am, GMT — 04/02/2021 at 11:59pm, GMT | $0.45 USD with 30% Discount

Phase 2: 02/05/2021, 10:00am, GMT — 14/02/2021 at 11:59pm, GMT | $0.55 USD with 15% Discount

Phase 3: 02/15/2021, 10:00am, GMT — 25/02/2021 at 11:59pm, GMT | $0.65 USD with No Discount

Get your CARR Token now, and be part of Carnomaly’s innovative breakthrough in solving the automotive industry’s existing dilemmas.

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FebonaDee

Digital Marketer, Growth Hacker, Community Manager, Social Media Specialist!