BitCar opens up the Exotics (rare and exotic hyper, super and classic cars) asset class to everyone in the world, allowing anyone to purchase an interest and or trade in different Exotics. BitCar is opening up the door to traditional car ownership of Exotics. BitCar is an Ethereum-based Exotic cars trading platform. Historically the ownership of Exotics and classic cars has been limited to the very wealthy, BitCar intends to disrupt this fact. Another neat feature of BitCar's ecosystem is that owners are able to peg their crypto to these hard assets for protection during times of high crypto volatility.
BitCar runs on a dual-token system, allowing users to hold or trade digital Ethereum blockchain tokens called BITCAR, which grant access to a platform where Exotics can be owned and traded in small fractions. A second level CAR token is used as the digital asset token for the individual Exotic cars.