CryptoAutos, the world’s first blockchain-powered luxury automotive marketplace, has announced the Token Generation Event (TGE) for its native utility token, $AUTOS. The event is scheduled for December 11th, 2024, at 12 PM UTC. The TGE follows a successful Community Launch on Fjord Foundry that raised $4.5 million in just 5.5 hours, with participation from 1,710 $AUTOS buyers.
The $AUTOS token is integral to CryptoAutos’ blockchain-powered platform, providing a seamless, secure, and efficient way to engage with high-value assets. It facilitates transactions, membership, governance, buy-back and burn, and participation in fractionalized ownership offerings of luxury cars.
Public sale participants can claim 100% of their tokens upon TGE through CryptoAutos’ simple claiming process. Detailed instructions are available in the official guide. 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.
CryptoAutos 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.
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.
Source
<p>The post CryptoAutos Launches Token Generation Event for $AUTOS Token first appeared on CoinBuzzFeed.</p>
