About Carnomaly
Market Stats
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Popularity
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Volume (7D)
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Overall Price Change (1Y)
Additional info about Carnomaly
Recent trends
Market details
CARR vs markets
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CARR vs ETH
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x884DDBb5DC6c2cEf77d3E74c6CcCa315797d655B |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.00 | NaN% |
1 Day | $0.00 | 0.00% |
1 Week | $0.00 | 0.00% |
1 Month | $0.00 | 0.00% |
1 Year | $0.00 | 0.00% |
FAQ
Carnomoly, also known as Carr, performs on the Ethereum network platform. The ERC-20smart contract hosts the Carnomoly token. Carnomoly aims to bridge the gap between the trading of cars and cryptocurrency in the online automotive sector. Also, Carnomoly aims to create a convenient platform for online vehicle shopping. Therefore, car dealers and purchasers can trade, earn, and finance their vehicles using the Carnomoly platform.
Car purchasers many times are unable to find good options in online vehicle shopping. In the same way, car dealers find difficulty in getting a suitable bid for the cars. According to the whitepaper, Carr aims to help the dealers in two ways: the first one is the process to connect with the consumers and the second with the procedure to buy and sell the cars from the dealers. An online auction for vehicles is conducted at Carnomoly to assist in trading cars.
The ecosystem of Carnomoly has been divided into two parts—CarrDeFi and CarrChain. With CarrChain, all the vehicle details can be stored in the digital vehicle identification number. CarrDeFi is a decentralized finance DeFi as well as the tired automotive lending platform on blockchain technology. Furthermore, borrowers have the option to select from an asset-backed loan or credit-based loan to borrow cryptos for car purchasing. Also, any cryptocurrency holder can earn yield from the borrowers by lending crypto for car purchasing/maintenance. Minting of Carr tokens is done by mywish.io.
The token name for Carnomoly is Carr. The primary function of the Carr token is to help the members gain rewards in car purchasing or maintenance. Furthermore, as per the whitepaper, the rewards aim to include incentives to purchase a new, used, or servicing of a car, comprehensive reports of a vehicle. and quick access to prime DeFipools.
The Carnomoly whitepaper states that the token seeks to bring an array of changes in the auto industry ecosystem by introducing:
The official whitepaper of Carnomoly was released in January 2021. Scott Heninger is the founder and CEO of Carnomoly. Heninger has 18 years of experience in the retail automotive world. He has also worked with several manufacturers such as Nissan, Lexus, Toyota, Honda, and many more. The overall supply of the Carr token is 530,000,000 which is the permanent supply as no extra tokens are minted.
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Social stats
Popularity in posts
#875
Contributors
181
Posts
334
% About Carnomaly
0.036%
Hold times
0 days
X (Twitter)
47.85% bullish
Sentiment
4.4 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
181 unique individuals are talking about Carnomaly and it is ranked #875 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Carnomaly has an average sentiment score of 87 out of 5. Finally, Carnomaly is becoming less newsworthy, with 0 news articles published about Carnomaly.
On Twitter, people are mostly neutral about Carnomaly. There were 48.36% of tweets with bullish sentiment compared to 1.08% of tweets with a bearish sentiment about Carnomaly. 51.64% of tweets were neutral about Carnomaly. These sentiments are based on 322 tweets.
On Reddit, Carnomaly was mentioned in 3 Reddit posts and there were 6 comments about Carnomaly. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.