HireGo (HGO) ICO review

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By leveraging Blockchain and Smart contracts HireGo is unlocking the potential of Car sharing, making it more accessible and convenient than ever.

Car sharing is more popular than ever, statistics show a dramatic increase in the number of car sharing members worldwide from just 5 million members in 2014 to an estimated 36 million in 2025! By creating a minimal fee, peer to peer trust-based platform we are incentivising people and companies to list vehicles paving the way for the world’s largest car share vehicle marketplace. Decentralised Blockchain ensures fairness, transparency and maximum usage of vehicles, which is essential for owners to earn maximum profit. The HireGo platform will be a part of the connected shared mobility future. Soon, thanks to Blockchain, users can seamlessly access various forms of mobility including bikes, public transport and share cars. HireGo is setting the standard, being the first to create a working car share DApp on Ethereum testnet. Join this exciting project which we are building alongside excellent partners such as Origin Protocol and Mobiq Group.

Traditional car ownership is declining as more people than ever are choosing to hire a car from private individuals or to car share. This trend is set to continue rising due to factors such as government regulation, demographic changes and cost.

In a rapidly-decentralising world there is a strong motivation to upset incumbent, centralised services and to create user-oriented alternatives.

By leveraging the blockchain to create a trustless, decentralised rental platform, HireGo aims to overcome the shortcomings of existing solutions such as;

  • High transaction fees; existing centralised platforms charge up to 35%
  • Centralised ownership and ‘pooling’ of data becomes target for data theft
  • Monopolisation of user data and reviews

Our goal is to speed up the transition to decentralised car hire and car sharing whilst enabling a seamless user experience.

 

HireGo ICO Presentation

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