BITRACE

Developer of Tunisia Racing F1 City

[youtube https://www.youtube.com/watch?v=EqxwySmbDOk?rel=0&w=560&h=315]

CS Score

4.4

Outlook:

Negative

BITRACE – by ,
4.4/ 10stars

Ended

2018/01/25 - 2018/03/25
ICO
BITRACE
Token
BRF
Price
$0.10
Platform
Ethereum
Accepting
BCH, BTC, ETH
Bounties
Available
Bonus
Available
Min. investment
100 BRF
Soft Cap
$3,000,000
Hard cap
$57,626,400
Country
Afghanistan

CS Score :

4.4

Outlook :

Negative

Idea 50%
Idea 2.3
Competitiveness 4.1
ICO 6.0
Team 4.6
Community 3.4
Marketing 5.2
Documentation 8.3
Financials 6.8
Reliability 2.7
Feasibility 4.2

Idea
The project has a great vision that may attract customers from all around the globe. However, our team believes that the project has many barriers and would only cause minimal disturbance to other existing Formula 1 venues. More importantly, it shows no relation with blockchain technology and there is no system decentralisation, both of which are essential for an ICO.

Competitiveness
The competition is intensive in the industry of hosting Formula 1. The project is facing competitions from other African countries, such as South Africa, which is also capable of building a Formula 1 track. Our team could not identify any significant competitive advantages of this project.

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The company is in process of developing the Tunisia Racing F1 City project, this project consists in building an integrated sports compound including a Formula 1 Track surrounded by top-class hotel and recreational units: (Total Assigned Land: 300 Hectares) in Hammamet, Tunisia.
BITRACE INVESTMENTS LTD has succeeded to finalize a deal with BDSwiss Holding PLC, to allow its investors (BITRACE Buyers) to Trade Shares, Indices, FOREX, Commodities and Cryptocurrencies with CFDs, using BITRACE Tokens.
BITRACE INVESTMENTS LTD has also succeeded to finalize a deal with Margarete’s Beauty in Toronto Canada to kick-start the worldwide promotion and marketing of LaBelle & LeBeau Franchise Beauty Salons to allow its investors (BITRACE Buyers) to purchase the Franchise products and services using BITRACE Tokens.
BITRACE INVESTMENTS LTD is also planning to perform few acquisitions i.e. a Tour Operator, few Holiday resorts and introduce the payment using BITRACE within Tunisia, North African countries (Maghreb States) and southern Europe.

Team Members

Advisors

February 2, 2014

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

February 2, 2014
May 10, 2015

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

May 10, 2015
June 21, 2016

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

June 21, 2016