Carnomaly will become the first company ever to offer a worldwide rebate for an automotive purchase. Both new and used vehicles will apply, as long as they are purchased from a verified legal dealer anywhere in the world. Upon completion of our consumer platform, Carnomaly will begin buying back tokens to replenish the rebates for years to come. The proceeds from the consumer platform is what Carnomaly will use to purchase back tokens that are on the open market. Carnomaly will also develop the Automotive Vehicle Blockchain "AVB" The AVB will give vehicle owners the power to manage their own vehicle history report and transfer ownership.
The Carnomaly automotive rebate was created to allow consumers who purchase new and pre-owned vehicles the opportunity to save more money when purchasing from an authorized automotive dealership.
Consumers who hold CARR tokens will be placed into tiers which will allow certain benefits based on tokens held. The more tokens held, the higher the tier, the better the rebate is. Consumers will be able to get a max of a 30% rebate, which will be given in CARR tokens that must be sold on the marketplace for redemption. Along with the rebates, the tiers will also have additional benefits such as multiple purchases a year allowed for rebates, a Carnomaly Automotive retail representative to help users shop, and gifting your rebate to a friend or family member.
There will be 3 tier levels that token holders can qualify for. As the number of tokens held grows, so does the users membership tier.