Upcoming ICO: DAV prepares to launch transportation protocol via ICO

DAV will launch its ICO (initial coin offering) next Monday (June 11), during which it hopes to raise as much as 54,286 ETH (Ethereum’s native currency), or just shy of £24 million, in support of its blockchain-based transportation protocol.

Upcoming ICO: DAV prepares to launch transportation protocol via ICO

Promising ICO

The upcoming ICO has been well reviewed and boasts an impressive team hailing from the likes of SAP, General Motors, IBM, Ford, Google, NASA, Ethereum, and UPS.

The Gob One gave DAV’s upcoming ICO a scored of 92.2%, describing its disruptive potential as ‘phenomenal’, and ICO Crunch gave it 4.5/5, stating: “Strong team, an extremely solid list of enterprises supporting the project.”

Additionally, DAV has already raised an impressive 31,769 ETH (approx. £14 million) via pre-sales so clearly the interest is there; it seems unlikely the firm will have much trouble reaching its hard cap.

ICO details

DAV ICO details

What is DAV?

DAV is a blockchain-based transportation protocol that enables a decentralized, peer to peer, global transportation network.

Their underlying infrastructure enables vehicles to discover, communicate, and transact with one another using DAV tokens.

Their protocol allows anyone to utilize these transportation services or put their own manned or autonomous vehicle (such as cars, drones, boats, and robotics) on the network, creating a decentralized transportation ecosystem.

DAV

What DAV says

DAV is a blockchain-based transportation protocol which enables a decentralized, peer to peer, global transportation network.

Website: https://dav.network/

Headquarters: Zug

Year founded: 2017

Company type: Non-profit

Company size: 11-50 employees

For more info on DAV coin, please refer to the whitepaper

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