Gaus Trade is a platform that intends to get rid of intermediaries between manufacturers and consumers in the auto industry. The GAUS token is a crypto coin and a blockchain platform that will act as a guarantor of the security of funds until the customer receives their vehicle.
The first thing the GAUS project will do is create a blockchain for buying of auto services and vehicles. They will eliminate the intermediaries and lower the cost of cars by about 30% compared to current retail prices. Buying cars today usually requires the buyer to pay an advance in the form of a contract. The price increases because of the huge chain of intermediaries involved.
The GAUS Solution
With GAUS, you will be able to buy a car or pay for services at prices that are much lower than current ones. You will no longer have to worry about the safety of your full or partial payments. Besides that, you will no longer have to worry about delays in the delivery of goods or services.
The supplier will also have a guarantee of getting timely payments. GAUS will utilize a smart contract to give sellers a convenient mechanism for billing the buyers. GAUS token will be the foundation for the whole platform, which will ensure everyone benefits. The blockchain will reduce transaction costs, improve transparency, and ensure security for all.
More About GAUS
The team behind Gaus Trade has already come up with an Alpha version that has a payment gateway. It will allow the purchase of new Mercedes-Benz vehicles for fiat or crypto via GAUS tokens. The vehicles can be claimed in Hamburg in just 3 working days after payments have been made. Those interested can purchase vehicles regardless of where they reside on Gaus Trade.
Delivery of vehicles will be the responsibility of buyers. Gaus Trade will act as the consultant for the process. The platform will offer customs clearance and transportation services in the near future. The Alpha version will launch in July.
The second stage will be launching the beta version of Gaus Trade. It will feature embedded online configurators so that buyers can have the option to pick their desired option. The beta version will launch at the end of 2018. It will entail adding consumer lending services and vehicle insurance.
Daimler is going to be the first automaker whose cars are sold via Gaus Trade. The team behind this project is still negotiating with other automakers to sell their products via Gaus Trade. Some of the interested parties include Uniti, a Swedish startup that is working on an electric vehicle for metropolises.
Token Sale Details
- Date: Till 18 July
- Bonus: Up To 25%
White List Presale
- Date: July 19
- $3 million
- Bonus: Up To 25%
- July 23 – August 13
- Bonus: Up To 20%
- Soft Cap: $5 Million
- Phase 1 – 4
- Date: September 24 – September 27
- Bonus: Up To 15% – 3%
- Hard Cap: $17 million
- Token Sale 2
- Date: Q3 2019