What is CarTaxi

Title

BE AWARE: Possible exit scam ongoing, read more at bottom of the page.


CarTaxi is an Uber like tow trucks service for where people with broken cars can use an easy app to find the nearest tow truck.

With (alleged) offices in San Antonio, Hong Kong and Moscow, CarTaxi is starting to radically change the outdated set-up in the towing services industry around the world (old dispatching methods that rely on human factors, and small to average clusters. In each city, you have to look for the local operator and dispatcher phone numbers, and then guess when exactly help will arrive.)

CarTaxi’s goal is to encompass the global market and establish a decentralized system of Client-Contractor transactions based on blockchain.

The towing industry market is showing impressive volumes around the world. Based on US market research in 2016, the US market alone was worth $6 billion and posting annual growth of 2.5%. Based on the proportion of motorization in various countries, experts estimate the global market to be worth more than $26 billion. Given that motorization is expanding at 3-5% per annum around the world, the towing market will see the same growth. By 2022, the car towing market could well reach $32 billion.

As the first global service of its kind, CarTaxi’s goal is to capture up to 20% of the world market and become the #1 name in the minds of drivers around the globe. Over the next 5 years, CarTaxi’s annual revenue target is $0.97 billion.

The service is running now in Russia, Kazakhstan and soon to expand to China and the US. At least that is what we are told.

Payout Structure   Dividend Calculator   Current Performance   Dividend Yields   CTX and other crypto appreciation   

CarTaxi Payout Structure

The CarTaxi service profits are generated through commissions charged for tow truck services. Depending on the region, the commission ranges from 10 to 20% of the cost of the service. (in the calculations on this site I use a 15% average).

25% of company profit goes towards dividend payment. Payments happen once a month and the cutoff line is the 15th each month UTC + 0:00. Payments to CTX token holders wallets will be made during the week after.

25% of profit goes to buying up tokens on the market with the aim of increasing their market value. Should there be a shortage of tokens on the market, the unspent profits will be considered additional profit paid as dividend accordingly.

Currently (from May 2017) there is no profit and no dividend was paid due to investments in development and market seizure in Russia.

Some basic dividend examples.
Dividend  Dividend 
100,000 $0.003004 $2,500,000$0.010429
60,000 $0.001802 $333,000$0.001389
33,000 $0.000991 $100,000$0.000417
15,000 $0.000451 $50,000$0.000209
5,000 $0.000150 $25,000$0.000104
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CarTaxi dividend calculator

CarTaxi dividend payouts are calculated by this formula ((25% Profit ) / totalsupply = payout per CTX.
You can calculate what you would earn with your CTX and also how many profit is needed to get a certain amount of profit sharing by entering the numbers below and press "Calculate". This calculator does not take the loyalty dividend into account (yet).

Profit CarTaxi makes in a month $
Amount CTX you own  
Total dividend you are aming for in a month$
Display currency  

CarTaxi results current dividend period

Disclaimer: At this point in time there is no way for me to track the total amount orders.

CarTaxi Yields
Dividend yields are the ratio between annual payment(s) and price.

Indicated Annual Yield last dividend ($0.000000 per CTX)
The indicated annual yield is the ratio between annual dividend and token price.
((last div * annual payments) / price) x 100%
Indicated yield with dividend day price ($0.00):0.000000%
Indicated yield with current price ($0.00): 0.000000%
Indicated yield with ico price ($0.13): 0.000000%
 
Average Annual Yield ($0.000000 per CTX)
The average annual yield is the ratio between the dividend average of last 12 months and token price.
((avg dividend * annual payments) / token price) x 100%
Average yield with dividend day price ($0.00): 0.000000%
Average yield with current price ($0.00): 0.000000%
Average yield with ico price ($0.13): 0.000000%

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CTX Performance vs BTC, ETH, XRP, LTC, DASH and NEO

Would you have done better investing in the big crypto coins instead of buying CarTaxi?
Table below gives an overview if you had the choice to invest $1000 at the ICO ending or any given day.

Crypto Open price Nr coins for $1000 Current price Current $ value percentage%
CarTaxi ICO price$0.13477,423.9050$0.0002$8.1494*-99.19%
* Dividend included (Value CTX + total dividend)
If you want to compare CarTaxi prices form a specific date, just select one and click the 'Performance' button
   

Open Questions to CarTaxi

About the nr of tokens:

How many tokens are there? If I add up all the tokenholders in Etherscan https://etherscan.io/token/0x662abcad0b7f345ab7ffb1b1fbb9df7894f18e66#balances it adds up to only 46,885,189 tokens over the top 1000 wallets (and max 1.8 million in the remaining wallets)

On https://t.me/CarTaxi_News CarTaxi News channel, [10.11.17 12:05] …... 60 066 417 CTX sold.

On the first cutoff date CarTaxi News channel, [15.11.17 19:30] the total number of CTX is 61,568,077 How could the number have increased in 5 days after the ico ended.

That number dropped in January significant, CarTaxi News channel, [15.01.18 16:50] The size of the monthly bonuses in January is 15 ETH….the total amount of CTX is 39928144. The same number CMC uses for circulation supply

But a month later, CarTaxi News channel, [15.02.18 20:13] The size of the monthly bonuses in February is 4 ETH…. the total amount of CTX is 58727131.

Where are those 20million tokens in the difference between total supply and circulation supply on CMC or the roughly 15 million difference between the added up numbers and the amount you specified?

About the dividends:
There also seems to be differences in payments. If I look at this wallet https://etherscan.io/address/0x5Feb603c28d46fB61247B343856AaD4D41aE990C#internaltx dividend received on Nov 21 2017, Dec 22 2017, Jan 25 2018 and Feb 24 2018

The first and last payment do match the 42 and 4 ether given in the news channel. But the 26 and 15 did not match. What we did get corresponds more with 16 and 22.5 ether

And if I look at the ether prices around those days and the token prices only 760K tokens would have been bought. But if I subtract the tokens in the beginning and the latest report 2.8 million where bought back. It could be the actual price was lower and the buyback process rises the price.

About the total orders.
- Whitepaper states 10-20% commission for each order, depending on region. I remember reading somewhere that in Russia the commission was 15%. What regions have other commissions than 15%?. And again If I do the math things do not add up. If I take the numbers of orders and multiply with the avg orders size either the 15% margin does not match the ethers paid or the ether price was different.
Nov 21 payment for example ether was $337 when the 42 to be paid ether statement was made. Based on that there should be a total profit of $61,729 . This would result in either 48 ether payment or a $428 ether price was needed can you explain?
- Is there a way to track nr orders preferably split up in different commission regions?

About Future dividend
- “No profit has been received due to development and market capture in Russia” What are the targets. Already near the end of development and capturing the market in Russia. In other words when do we see dividends again and what milestones need to be reached before?

Mailed those questions to CarTaxi (Dec 24 2018) still waiting for a reply.

My view on CarTaxi

2019-01-20: Mixed feeling about CarTaxi. At this point in time I would say it’s a high risk investment and a borderline exit scam. Questions are not answered (including all above, still waiting for answers). No detailed financial reports, I got banned in their TG channel, still not sure why, guess they did not like my questions.

I'd really like to know how legit the company is. The whitepaper stated “With offices in San Antonio, Hong Kong and Moscow,” but if you google “CarTaxi and those places” you find nothing.

On the website they gave the address “Galernaya d.43, lit.A, pom.5-N in ST. Petersburg or in Russian Галерная, д.43, лит.А, пом.5-Н But if you look in google maps it does not look like an office but just a residents area.

If you google cartaxi St Petersburg you will find this address “Vyborgskaya nab., 49, офис 212, Sankt-Peterburg” But that’s in the middle of a park?!

Another thing, I bought my CTX on forkdelta. If you follow the trail. The person who sold did it from this address 0xdc708f70140a706f01c9e25cb3a9208535985afb If you take a look where the 100K CTX came from it was from this address 0xdda6cad836efd7fd69bcd34d88e36ffbceeb8171 60 days ago 1.6 million tokens came from this address 0xd3dfb1e008e9d2aada7c88b36ba1dbf8cf9b4d5d and now it getting interesting. This is most likely a company address. Why, well there are only outgoing CTX transfers no incoming, so where does the CTX came from original? Founders dumping? I think posting this in TG channel was the reason of my ban

If it is legit, tokens are very cheap at the moment and you have a very good buy, but it is for sure a gamble investment at the moment.

2019-02-12: Someone who posted the link to my website today was insta banned. I tried to unban myself by contacting admins, but did not succeed.

2019-04-02 Dumping continued. No reports anymore in the news channel. CTX token page removed from website (https://cartaxi.io/ctx page still there but not in menu)

Rumors say Cartaxi is diverting profits to another company and therefore no dividends ever again expected.

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Upcoming CarTaxi Payment

Most likely never again

If you hold CTX during snapshot in any erc_20 supported Ethereum Wallet like MyEtherWallet, Nano Ledger S, Trezor or any other (except any exchange) you will receive your pay out automatically.

Last 10 CarTaxi Payments
DateDividendIndicated Yield
Div DayPrice
2019-08-15$0.00000000.00%0.00%
2019-07-15$0.0000000nan%0.00%
2019-06-15$0.0000000nan%0.00%
2019-05-15$0.0000000nan%0.00%
2019-04-15$0.00000000.00%0.00%
2019-03-15$0.00000000.00%0.00%
2019-02-15$0.00000000.00%0.00%
2019-01-15$0.00000000.00%0.00%
2018-12-15$0.00000000.00%0.00%
2018-11-15$0.00000000.00%0.00%
2018-10-15$0.00000000.00%0.00%

See all payments
CarTaxi ICO and token details

Websitecartaxi.io
WhitepaperWhitepaper
Ico started2017-09-29
Ico ended2017-11-01
Ico Price1 Ether = 2255 CTX
Ico Price$0.13470000
Ico NAV$0.14504026
Ico ETH0.00044346 ETH
Total Raised
During the ICO the project reached its funding cap of $ 8,712,049. 60 066 417 CTX sold. ($0.14504026 per token)
Total supply59,928,144.000000
Circulating supply39,928,144.000000
Payout currencyETH
BlockchainEthereum
TokentypeERC-20
TickerCTX
Decimals18
Contractaddress
0x662aBcAd0b7f345AB7FfB1b1fbb9Df7894f18e66

CTX related links

TelegramCarTaxi
FacebookCarTaxi.io
VKCartaxi
InstaGramCartaxi24
YouTubeCarTaxi
TelegramNews Channel
MediumCarTaxi
BitcointalkThred

Rating: 3.5/5 (131 stemmen)

CTX market value
Last traded CTX price:$0.00016953
In ETH: inf ETH
In BTC: inf BTC
1 ETH: 0.00000000 CTX
1 BTC: 0.00000000 CTX

CarTaxi Exchanges

EtherDeltaCTX-ETH
ForkDeltaCTX-ETH
BitkerCTX-ETH
BitkerCTX-BTC
BankCexCTX-BTC
BankCexCTX-ETH

Donations


Any beer / donation is appreciated, thx!
BTC:
3Hc6PFL6yctFG15HQ5EekBNykkgzyoRabr

ETH or any ERC-20 tokens:
0x3279fd991AA42a1759bef80b1C3202EE985668d3

If you want to donate any other coin. Contact me. I'm sure I have a wallet somewhere.
CarTaxi on Twitter
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