WhitePaper Formacar Ecosystem
  • Overview
  • Formacar Group
  • Project Description
  • Categories and Subcategories
  • Internal Economics of the Project
  • Project Monetization
  • Governance (Voting, Treasury Commitments)
  • Community and Information for Media Companies
  • Regions
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  • Classified
  • Rental
  • Social Network
  • News
  • 3D Configurator
  • AR Mode

Categories and Subcategories

Classified

Classified serves as a unified platform for buying, selling, and renting cars globally.

Creating a single database removes local search restrictions, simplifying and speeding up the search for the desired car by showing availability in other regions, not just the user's local area.

When searching for a car, the system will select the optimal option for purchasing the vehicle or its parts and components.

Formacar will also assist in onboarding companies and individuals who can participate in transaction support (from consulting to logistics) and help with all types of document signing (from purchase and sale to logistics). The platform will ensure the quality of services provided.

The Formacar ecosystem offers a full range of services to simplify the selection and acquisition of vehicles or their components.

A significant advantage for any user is the removal of regional limitations - the platform will immediately find car acquisition options across different regions, eliminating the need for the user to visit multiple websites to filter offers by cost and acquisition conditions.

Rental

This section allows the application to determine the user's location and immediately offer options for interaction with local companies (simplifying market offer searches and reducing the time spent visiting different resources).

Social Network

Social Network is a collection of closed/open communities, as well as the possibility of open interaction between users.

Open communities allow users to form interest groups for discussion or simply to review topics related to the automotive industry.

Closed groups are necessary for conducting transactions or for restricted negotiations between contractors and users. Additionally, there are categories for private clubs of car enthusiasts and representatives of auto holding/auto tuning companies.

News

News is a separate tab that represents a news feed (similar to Twitter), where users can receive both global news and updates from subscriptions or groups they participate in.

Integrated AI mechanics will gradually tailor the content to the user's interests.

3D Configurator

3D Configurator is an application integrated into the Formacar ecosystem (which can also function independently) for highly detailed visualization of cars and their components.

The app allows users to interact with any car (integrated into the app) and its design, enabling modifications to both the interior and exterior. Users can change wheels (rims/tires) and select pre-made tuning modifications from companies available on the platform (such as Brabus, Mansory, K1, Formacar, etc.).

After selecting exterior components, users can view a complete list of parts and check where the chosen model is available. If the model is not available, users can send a request directly through the app to a company, which will estimate the time and cost of the project.

Currently, the app features over 1200 models across various price categories.

This function allows us to collaborate with different dealers and showrooms that need to showcase their exhibits to an audience. The configurator can also be adapted and branded for any showroom brand (we only need photos and videos of the stands to integrate into the system).

The biggest advantage of the configurator is its adaptation for mobile devices, eliminating the need to open the app on a high-performance PC to access all features.

We are currently working on integrating AI for more optimal loading and rendering of cars and their components.

AR Mode

This feature in the 3D configurator currently allows users to change rims and tires on any car in real time. The augmented reality feature lets users see the car in the location where they point the camera, allowing for a detailed inspection.

In upcoming releases, we are also preparing a feature for color changes and wraps, which is already being successfully tested. All these features will enable users to familiarize themselves with the car's changes before any work begins, allowing for more informed and deliberate choices.

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Last updated 10 months ago