Company Information

Get to know Crypto Cars Online

Crypto Cars Online was a blockchain-based video game project presented as a Play-to-Earn (P2E) NFT racing game on the Binance Smart Chain (BSC). The concept involved players owning, upgrading, and racing digital cars represented as Non-Fungible Tokens (NFTs) to earn the native cryptocurrency token, $CCAR. The project launched in 2021 but ceased development and support shortly after, with its token value collapsing, leading to widespread public reports and allegations of it being an abandoned project or "rug pull."

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Crypto Cars Online

Name: Crypto Cars Online
Address: US

United States

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.