Whitepaper Classic Car Coin(CLCC)

EVERY CLASSIC CAR IS FAR MORE THANJUST AN AUTOMOBILE.

IT‘S A PIECE OF ART THAT HAPPENS TO DRIVE- Richard Kaan -

Whitepaper 1.005.11.2018

Benefit from economies of scale

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1. Brief introduction to Classic Car Coin

TheconceptbehindtheClassicCarCoinwascreatedtoreflectapassion

forvehiclesandthesearchforprofitableinvestmentcategoriessuitable

for diversifying assets over the long term. In light of the challenges of

the current economic climate, investors are selecting material assets

which are better at exhibiting profitability and growth. Hence, Classic

Car Coin has set itself the goal of making the market for classic cars

and modern classics accessible to everyone. With its unique business

model, the ERC20 token – which is backed by a real asset – caters

equally to fans of classic cars and crypto traders. The core concept

of the Classic Car Coin is to establish a strategic portfolio of classic

cars and modern classics. The maximum number of tokens is fixed

upon conclusion of the ICO. Profit retention thereforemeans that the

tokens issuedarebackedbyan increasingamountofequivalent value.

All measures will be taken at the start of the pre-

sales to guarantee rapid initial listing on an exchange.

Classic Car Coin offers far more than a stable basis for rising prices.

Multiple exit options allow token holders to take advantage of additional

benefitswithintheproject.Forone,tokenholderscanparticipateactively

inanexclusivemarketbyreceivingattractivediscountswhenpurchasing

avehicleandutilizingservices.Furthermore,tokenholdersaregiventhe

option of participating in selected events in the automobile industry.

The entity behind Classic Car Coin is Farsight Automotive

GmbH, which manages the portfolio with a team of experts.

The company possesses an extensive partner network and is

active in Central European, North American, and Asian markets.

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2. Market assessment and market overview

Unlikemostotherindustrysectors,thebusinesssegmentcenteredaround

classiccarsandmodernclassicswasnotonlyabletoproveitsworthinthe

2007 economic crisis as well as the Euro crisis from 2010 onwards despite

thestrongdownwardseconomictrend,butalsobenefitfromit.Whilemany

businessmodelswerefacedwithatrialbyfire,merchantsspecializingin

modern classics and classic cars were literally sitting on a golden opportunity.

A wide range of vehicles appreciated strongly in value during these

challengingeconomictimes,andpromisedhandsomeprofitsforthesector.

The steady upward trend continued even in times of economic

stability. In a ten-year comparison as evidenced by the German

Classic Car Index , shrewd investors driven by a nose for the

right models and equipped with the corresponding know-how

benefited from an impressive appreciation in the value of historical

automobiles,andwereabletoachievehugeprofitsbytrading inthem.

Potential investors started eyeing the industry’s huge opportunities for

profitssometimeago.Eventhegeneralpresshasrecognizedthistrend

and reports regularly on the idea of classic cars as an investment asset.

TheteambehindtheClassicCarCoinrecognizedthesignsofthetimes

earlyon,andhasbeenparticipating in the industry’s success for some

time now. Apart from economic know-how, the operators behind the

Classic Car Coin possess the necessary technical knowledge, and are

simultaneouslyabletobenefitfromawell-establishednetworkofpartners

in order to capitalize ideally on the opportunities of this growth market.

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2.1 Unique aspects of the market

Themarketcenteredonclassiccarsandmodernclassicscanbedescribed

asahighlyspecializedone.Comparedtoothermarkets,tradinginthese

mobile investment assets is weakly structured. While other industry

sectors are at least partially dominated by big players, the general

marketplace for modern classics and classic cars is decentralized in nature.

The supply of modern classics and classic cars with huge appreciation

potentialisonlypublictoalimitedextent.Manyvehiclesareavailablemerely

withinselectedcircles.Inparticular,covetedexoticmodelsareveryrarely

availableonpubliclyaccessible tradingplatformsataprofitableprice.

Due to the special circumstances, corresponding industry expertise

is crucial in order to enjoy long-term success on the market. Due to

the decentralized nature of the trading platforms, networking with

partners, clubs,andothernetworksconstitutesavital success factor.

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2.2 The fascination with classic cars

Despitetherelativelydifficultmarketentryandtheindustry-specifichurdles,

modernclassicsandclassiccarshavealwaysbeenextremelypopular.This

trendcontinuesunabatedin2018aswell,and isfueledbytheongoing

retro trend in society. These findings are confirmed by recent studies:

Around 42% of car owners like seeing classic cars or modern classics

on the streets. At the same time, around 42% of respondents

would themselves like to drive a classic car at some point.

The strongly upswing in the number of classic cars and modern

classics further underscores this impression. As can be seen in the

following diagrams from the Federal Motor Transport Authority

(KBA) , the number of officially registered classic cars and modern

classics has grown significantly over the span of a decade.

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Development in the no. of vehicles (15 -19 years):

Development in the no. of modern classics (20 - 29 years):

Development in the no. of classic cars (30 years and older):

* Federal Motor Transport Authority (KBA) forecast

* KBA forecast

* KBA forecast

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Around675,000oftheregisteredcarsareolderthan30years.Comparedto

2015,thenumberofclassiccarshasincreasedbymorethan37%.Anevenmore

positivedevelopmentcanbeobservedinthenumberofmodernclassics.At

2,418,775vehicles,theirnumberhasincreasedbymorethan44%since2015.

It is not only their numbers permitting the conclusion that the market

situation is highly positive. When viewing the target groups for classic

cars and modern classics, an extremely pleasing situation emerges.

According to a survey, the number of persons interested in classic cars

variedbyjust2%onaverageinaten-yearcomparisonfrom2008to2017.

The market centered around classic cars and modern classics therefore

exhibitslowvolatilityandishenceeasiertopredict—anenduringmarket!

At the same time, the number of classic cars and modern classics

per household increased sharply in the period from 2011 to 2017.

Number of existing classic cars and modern classics per household:

Source:VFVerlagsgesellschaftmbHandVDA2018

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AsimilarlypositivesituationisalsoobservedintheEuropeanmarket.Around

1.5millionvehicleownersarelistedintheEuropeanUnion.Hence,amarket

existswithhighpotentialandanannualturnovervolumeofseveralbillions.

2.3 Classic cars and modern classics as investment assets

As described in section 2.2, the classic car andmodern classicsmarket

exhibitsgreatpotentialandconsistency.Apartfrommarketdevelopments,

thecarsmustbeassessedasvehiclesandevaluatedasinvestmentassets

withregardtotheirgrowthpotential.Heretoo,positivesignsareidentifiable.

The indexes for the industry show a high appreciation in value for classic

carsandmodernclassicsnotonlyindividually,butalsobasedonaverages.

The German Classic Car Index:

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The German Classic Car Index provides insight into the overall German

market.Asignificantincreaseinvaluecanbeobservedhere.Inaten-year

comparison, the index experienced uninterrupted growth and permits

the conclusion that classic cars are a highly lucrative capital investment.

Thesamefindingswereobtainedbyastudyconductedbytheinternationally

prestigiousconsultingagencyKnightFrank.Inthiscase,thedevelopment

of luxury goods was observed in the short, medium, and long term.

Index for luxury goods (Knight Frank Consultants):

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Whetherit’sgold,shares,art,orrealestate:Classiccarsasinvestmentassets

outperformallotherformsofinvestmentinthereport.Historicautomobiles

areamongthe“moststablecurrencies”intheworld.Thepotentialincrease

in value is inflation-proof and independent of currency and economic

crises.For collectorsapassion, for investorsa lucrativebusinessmodel.

ThevalueoftheDAX,theleadingshareindexforGermanshares,mayhave

morethandoubledinthepastdecade,but itpales incomparisontothe

stunning performance which classic cars achieved as investment assets.

Aside from the index, the market sentiment is also highly positive.

More than 30% of car owners consider classic cars to be a good

investment asset. Among classic car owners, this opinion is evenmore

strongly established. Almost half of them see classic automobiles not

just as something for aficionados, but also as an investment asset.

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2.4 Massive increase in value in all price classes

Upper price segment: Ferrari 250 GTO

Classic cars and modern cars exhibit a more than impressive growth

in value, particularly in the luxury segment. RM Sotheby‘s recently set

a new record for auctions. Acquired in 2000 for a price of 7 million US

dollars, a Ferrari 250 GTO fetched 48.4million US dollars at an auction

in August 2018. This corresponds to an increase in value of around

2.3 million dollars per year, and equates to returns of almost 700%.

Foto:PatrickEmzen©2018CourtesyofRMSotheby`s

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Lucrativeincreasesinvalueareexhibitednotjustbytheluxurymodelsofthe

classic car and modern classic segments. Even moderately priced models and

vehicles from the premium segment which lay persons in particular would

not associate with such precipitous leaps in value also impress with very high

appreciation.Expertsknowonething:Withtherightinstinct,hugeprofits

canbeachievedinallpricesegmentsforclassiccarsandmodernclassics.

Middle price segment: Ferrari Testarossa:

Similardevelopmentssuchcanalsobeobservedinthemiddlepricesegment.

The1986FerrariTestarossa fetchedaround56,000eurossix yearsago.

Today,thesportscarfromtheItalianautomobilemanufacturerhasamarket

valueofmorethan150,000euros.Thiscorrespondstoanincreaseof136%.

FerrariTestarossa:Increaseinvalueover6years:136%

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Lower price segment: Mercedes SL, W 113 and W 114/115

Inthe lowerpricesegment,twomodels inparticularstandoutfromthe

crowd:ThemarketvalueofthePagode(SLfromtheW113series)grewby

76%tocurrentlymorethan73,721eurosonaverage.Theincreasewaseven

greater for the „Strich-Achter“ (W114/115): Themarket prices climbed

by186%from2010to2015andhadafive-figurevalueintheyear2017.

MercedesW114/115:Increaseinvalueover5years:186%

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3. Challenges of the industry and advantages of the CLCC

Althoughbothclassiccarsandmodernclassicshaveenjoyedagreatdeal

ofpopularityfordecadesandalsoexhibitstronglypositivetendencieswith

regard to their suitability as an investment asset, only around 2million

personsownacorrespondingvehicleinthelandoftheautomobile.Asimilar

pictureisobservedintheinternationalcontext.Thereasonforthiscanbe

foundinthemarketitself.Thehighentrybarriersrequireasignificantlevel

of technicalexpertise, sufficient capital, and in somecaseswill cost the

marketparticipantsconsiderabletimeandeffortaswell.Profoundexpertise

regarding the potential for increases in value for individual models is also seen

asabasicrequirementinordertorealizelong-termprofitsonthemarket.

The CLCC is an instrument with which the lucrative classic car and modern classic

marketismadeaccessibletothegeneralpublic.WiththeexpertiseoftheCLCC

team,theentrybarriersforthemarketareeliminated,therebyallowingthe

token holder to participate actively in the positive development of classic cars..

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3.1 Capital

Similartoothersectorsandinvestmentassetoptions,therequiredcapital

constitutes a huge challenge for market entry. The acquisition costs for

classiccarsandmodernclassicsshouldbementionedfirstofall.Themajority

of car owners describe the acquisition costs for a classic automobile as

veryhigh.Thisopinionisbackedbycurrentmarketdata.Evenintroductory

models are associated with significant expenditures . Models with a

modestintroductorypriceexhibitalowerappreciationpotentialbasedon

theaverages,therebymakingthemlessattractiveasinvestmentassets.In

lightofthesecircumstances,itisnowonderthatitishigh-incomeearners

inparticularwhoareabletoaffordaninvestmentassetintheformofa

classicautomobile.

Furthermore, in the specializedmarket centeredaroundclassic carsand

modern classics, significant costs on upkeep as well as expenses for

restorationsandregularmaintenancemustalsobetakenintoaccount.The

generallyhighcapitalexpendituresarereflectedinthemarketsentiment

as well. The majority of car drivers rightly assume that costs will be

considerable.

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It is evident that around 1/3 of respondents invest 1,000 euro ormore

peryearonservicingtheirvehicles.Atthesametime,itcanbeseenthat

only every third respondent spends 500 euros or less annually for these

purposes.

First and foremost, it is not only the initial investment which poses a

problem, but the assessment of whether these running costs will not

onlybeoffset,butalsoexceededbythesuccessiveincreaseintheclassic

car’s value.But this isaprerequisite foraprofitable investment.Hence,

maintenance, servicing, care, and restoration work must be carried out

efficiently in order to maximize potential profits. Section 6.4 describes

theseaspects ingreaterdetail,aswellasthebenefitsoftheClassicCar

Coin in this regard.

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Advantages of the Classic Car Coin for token holders:

High initial costs as well as ongoing monetary expenditures are not

somethingholdersoftheClassicCarCoinwillhavetoworryabout.With

its businessmodel, even small sums are sufficient to participate in the

lucrative modern classics and classic car market. Token gradation was kept

deliberately fine so that even investorswith a small budget can access

theoffer.Thisalsofacilitatessuccessivelaterpurchasesoftokensforthe

purposes of portfolio expansion. More information on the gradations and

issuingoftheClassicCarCoincanbefoundinsection4.5.

3.2 Acquisition

Owners of classic cars and modern classics are highly possessive of their

mobile collectors’ itemsandareoftenunwilling togive themup.A look

at the figures from the FederalMotor Transport Authority (KBA) clearly

demonstrates this fact. Only 32,000 classic cars are registered to new

owners each year. This corresponds to a percentage of 4.7% of the total

numberinthisvehiclecategory.Theoverallautomobilemarketexhibitsa

fluctuationof19%,andishencearoundfourtimesashigh.

In light of this aspect, the acquisition of suitable classic automobiles is

already a huge challenge. At the same time, unlikemost other industry

sectors,nocentralizedmarkethasemergedsofar.Inparticularthehighly

decentralized nature of the market around classic cars and modern classics

penalizesmarketparticipantswhoareunabletoaccessacorresponding

network of clubs, associations, and scouts. Real gemsare generally not

foundonpublicmarketplaces.

Due to this situation, scouting out suitable vehicles requires a

correspondinglylargeamountoftime,andinanidealcasepresupposesan

extensive network of scouts.

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Advantages of the Classic Car Coin for token holders:

The teambehind theClassicCarCoinhasaccess toanexistingnetwork

ofscouts,anddueto its industryexpertise, isverywell-acquaintedwith

alargenumberofthesedecentralizedmarkets.Notonlydoesthispermit

particularlythoroughandcost-effectiveresearch,theteamcanalsouseits

extensivenetworktoacquirevehicleswithahighprofitpotentialwhichare

notofferedonpublicmarketplaces.

Tokenholdersthereforedonotneedtoinvestanytimeintheestablishment

and maintenance of a corresponding network and are not forced to conduct

comprehensivemarketresearch.Thismaximizesthepotentialprofits.

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3.3 Technical know-how

Apart frommonetary barriers to entering themarket and the necessity

to have an extensive network, the technical know-how also constitutes

a central challengewithin the industry. Thenecessary knowledge about

maintenance and care, servicing and restoring classic cars and modern

classicsconstitutesabasicrequirementformanymarketparticipants.

Thesignificanceofthisknowledgebaseisalsoreflectedincurrentsurvey

results. Almost half of all classic car owners possesses at least rudimentary

know-how and perform simple maintenance tasks and repairs themselves.

Thistrendisalsoidentifiableamongownersofmodernclassics.Arounda

third of car owners try to perform small tasks themselves. Larger mechanical

tasks,ontheotherhand,areusuallyperformedbysuitablespecialists.

Proportion of Classic Car owners who carry out maintenance & restoration themselves

Simple maintenance Larger mechanical works

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In this regard, the selection of the right workshop plays a central role.

Afterall,maintenancethatisperformedbyunqualifiedpersonscangreatly

reduce the value of classic cars and modern classics.

It is not only newcomers to this industry sector with little experience of

carswhogenerallyhavealargedeficiencywhereknowledgeregardingthe

technical requirements for the classic cars and modern classics is concerned.

Even trained car mechatronics specialists and master car mechanics often

needtopluggapsintheirknowledgeinordertobeabletomaintainand

restore older vehicles. Due to the developments within the automobile

industry, a constantly decreasing number of master car mechanics are

abletoperformchallengingtasksonclassicautomobiles.Thissituationis

simultaneouslyreflectedinanincreasedmarkedpriceforservicing.

Advantages of the Classic Car Coin for token holders:

Theknowledgerequiredformaintenance,servicing,care,andrestoration

isextensiveanddifficult toacquire.Newcomers to the industrywithout

corresponding specialist expertise are forced to have these necessary

tasksperformedbyexternalserviceproviders.Theassociatedhighcosts

contradicttheapproachofaninvestmentasset,andgreatlyreduceprofits

for the vehicle owner in some instances.

The Classic Car Coin team is aware of this challenge and has access to highly

specialized and extremely well-trained specialist personnel. The mechanics

ensure proper and careful execution of the required tasks. If one of the

requiredcompetenciesisnotavailableinourteam,aninquiryissentoutto

thenecessarycontactsinthenetwork.Atthesametime,weofferalltoken

holders our services at an attractive price.

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3.4 Market assessment

Itisnotonlythetechnicalknow-how,butalsotheknowledgeofthevalue

of classic cars and modern classics which constitutes a central prerequisite

forprofitableparticipationinthemarket.Thevalueofaclassicvehicleis

determinedbynumerousfactors.Beginningwiththenumberofaparticular

modelproduced,tooriginality,matchingnumbers,andhistory,aswellas

thestateofthevehicle,whichisinturndeterminedbyvariousaspects-all

these factors are taken into account when appraising the vehicle.

Furthermore,knowledgeofmodelswiththepotentialtoappreciateinvalue

formsanessentialbasisforprofitabletradinginclassiccarsandmodern

classics. The question of the ideal time for an investment as well as the

sale of a vehicle comes into play at this point. Negotiating skill and the

knowledgeofpromisingsalesmarketsalsoincreasetheprofitpotentialof

the classic cars and modern classics.

Advantages of the Classic Car Coin for token holders:

Profound industry expertise is crucial to success on the classic car and

modernclassicsmarket.BypurchasingtheClassicCarCoin,tokenholders

alsodonotneedtopossesssuitableexpertise.TheCLCCteamknowsthe

market well and also has the required knowledge. The CLCC can participate

competitively on the market thanks to its excellent networking and the

realization of economies of scale.

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4. Initial Coin Offering of Classic Car Coin

The market centered around classic cars and modern classics exhibits

numerousentrybarrierswhichcanbeeliminatedeffectivelybytheClassic

CarCoin.This innovativebusinessconceptopensuptheexclusivesector

toawideraudienceandofferseveryonetheoptionofbenefitingfromthis

burgeoning,billion-dollarmarket.BynomeansistheClassicCarCoinonlyfor

persons with a fat wallets or profound expertise. The pioneering principle

ofthetokenallowsindividualcapitalquantitiestobeutilized,whilealso

requiringabsolutelynomarket expertiseat all.Via theflexiblydesigned

tokenissuing,gainscanalreadyberealizedshortlyafterasuccessfulICO

with the launch of the initial listing on an exchange.

4.1 Scope of the ICO

The establishment of a strategic portfolio of classic cars and modern

classicsrequirestheprovisionofacorrespondingcapitalbase.Thiswillbe

procuredaspartoftheICO.Thefinancialresourcesobtainedinthismanner

merelyconstitutethestartingpointoftheproject.Thegoalistoconstantly

enlargetheportfolio,andthereforeto increasethebackingbehindeach

Classic Car Coin.

Atthesametime,rapidcapitalgainsareacentralpremiseoftheClassic

CarCoin.Thiswillrequireresourcestobeutilizedaseffectivelyaspossible.

At the time of the ICO, an extensive investment strategy was already

definedforutilizingthefinancialresourcescollected.Theunlimitedprofit

maximizationapproachrequiresthiskindofplanning,aswellastheprudent

managementofliquidassets.Correspondingly,amaximumlimitmustalso

be defined in order to guarantee the efficient use andmanagement of

funds.Hence,themaximumlimitoftheICOoftheClassicCarCoinissetat

100,000,000dollars.

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Due to the fact that it is particularly vehicles from the luxury segment

whichexhibitaveryhighpotentialforappreciation,anincreasingamount

of capital in the context of the ICO also increases the associated profit

opportunities. An increase in capital simultaneously allows economies of

scaletoberealized,whichpromisesadditionalprofits.

4.2 Tailor-made ICO for maximizing market value

ThebusinessmodeloftheClassicCarTokenaimstomaximizethemarket

value of the token. In order to achieve these targets, corresponding

measuresarealreadytobe initiatedaspartofthe ICOtoenablearapid

increase in value.

Unsold tokens after the conclusion of the ICO limit the success potential

of the token.Conventionalprojectsofferunsold tokens forpurchaseon

their own platforms or on exchanges, even after conclusion of the ICO.

This additional issue of tokens has a negative impact on the cost price on

theexchange,andmustthereforetobeavoided.Iftokenscontinuetobe

offeredatissuingpriceafterconclusionoftheICOandinitiallistingonan

exchange,thepossibilityofanincreaseinmarketvaluedoesnotnecessarily

exist.

This contradicts the aforementionedmaximization approach. Hence, all

unsoldClassic Car Coin tokenswill beburned.This opensup theoption

ofanimmediatepriceincreaseafterthecreationofanopenlyaccessible

market via the initial listing on an exchange.

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4.3 Significance, purchase, and number of tokens

Inordertoopenupthemarkettopersonswithsmallfinancialbudgetsas

well,theunderlyingcapitalstockwasintentionallyfinelysubdivided.Atthe

sametime,thisallowsindividualbudgetstobeappropriatelyimplemented.

During the ICO, the issuing valueof theClassic Car Coinwill be1.00US

dollar.Correspondingly,thereisalimitednumberoftokenswhichcanbe

tradedontheopenmarket.Bycreatingascarcityofthegood,thisaims

to simultaneously stimulate an increase in price. Due to the hard cap of

100,000,000USdollars,thismeans100,000,000tokens.

Hence, each Classic Car Coin represents a small portion of the overall

portfolio.Conversely, thismeans:Atthestartof theproject,eachtoken

isbackedbyarealequivalentvaluewhichcomprisesassetsintheformof

classiccars,moderncars,andotherassetsofFarsightAutomotiveGmbH.

Withtherealizationofinitialprofits,thevaluebackedpertokengradually

increases,whichonceagainsetsapositivepricetrendinmotion.

Initially,theClassicCarCoinwillonlybeavailableforpurchaseviathelanding

page www.classiccarcoin.io. Registration on the platform is necessary in

ordertomakeapurchase.Afterachievingthenumberoftokensnecessary

forbusinessoperationsandsuccessfulcompletionoftheICO,theERC20

tokenswillbetransferredtothewalletspecifiedbytheuser.

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4.4 Capital appropriation

ThecapitalappropriatedaspartoftheICOwillbeusedtobuildthestrategic

portfolioofclassiccarsandmoderncarsandtofinancebusinessoperations.

Thegoalistoprovidethelargestpossibleprofitpotentialdirectlyafterthe

startoftheproject,thusenablinganincreaseinoverallcapital.

4.5 New issuing of the Classic Car Coin

The Classic Car Coin prioritizes the interests of the token holders, and

hencefocusesonthemaximizationofthevaluebackedpertoken.Inorder

toachievethisgoal,theissuingofadditionalnewtokensisnotpermitted.

Thenumberof tokensat theendof the ICOconstitutes the full supply.

Furthermore,noadditional tokenswill begenerated lateron inorder to

prevent adecrease in the valuebackedper token.All tokenholders can

relyonthestabilityofthevalueofClassicCarCoininthisregard,andwill

benefitfromasuccessiveincreaseinthevaluebackedpertoken.

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5. Core concept of the Classic Car Coin

The capital accumulated as part of the ICO serves as the capital stock of

FarsightAutomotiveGmbH,whichisresponsibleforthemanagementand

thestructureoftheportfolio.TheexperiencedteambehindtheClassicCar

Coin will initiate all the necessary processes in order to ensure the fastest

possiblebusinessoperationsafterasuccessful ICO.Thebusinessmodel

forClassicCarCoinissubdividedintothreesub-categories:

1. Building a strategic portfolio of classic cars and modern classics

2. Purchase,restoration,andsalesofclassiccarsandmodernclassics

3. Serviceofferingscenteredaroundclassiccarsandmodernclassics

Afterdeducting theassociatedexpenditures,plowback takesplace.The

aim of retaining and re-investing the capital generated is to achieve rapid

growth.Profitsareconstantlyplowedback intothesystem,causingthe

valuebackingeachtokentoincrease.Thiscapitalservesasasecurityfor

thetokenholdersand,combinedwiththescarcesupplyofClassicCarCoin

tokens,willhelptostimulatethemarketvalue.

Atthesametime,tokenholderswillbeeligibleforvariousadvantages,and

dependingon thenumberof tokensheld,will enjoydiscounts,exclusive

marketaccess,aswellasotherbenefits.Theywillbedescribedingreater

detailundersub-section8.0.

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5.1 Portfolio structure

Thebuildingofastrategicportfolioofclassiccarsandmodernclassicswith

strong appreciation potential constitutes the core business of Farsight

AutomotiveGmbHandhencethatoftheClassicCarCoin.

Aspreviouslydescribedinsub-section2.4,classiccarsandmodernclassics

holdgreatprofitpotential.ViatheexpertiseoftheClassicCarCointeam,

thepotentialof these“vehicular investmentassets”canbedetermined.

Thestrategicstructuringoftheportfoliospecifiesthatnotonlyvehicles

from one price segment or one manufacturer are purchased, but that

diversificationmustalsotakeplacewithintheinvestmentcategoryofclassic

cars.Theindustryriskisthereforedistributedacrossnumerousinvestment

assets,therebyensuringincreasedsecurityforthevaluebackingthetoken.

The structuring of the business model simultaneously increases the

project’s capacity for action. Individual vehicles can — assuming that a

correspondingappreciationpotential is seen—bemothballedandkept.

Othervehicles,ontheotherhand,canimmediatelybesoldforaprofitafter

successful restoration.

In order to guarantee the highest possible decision-making quality and

speed,managementoftheportfolioisunderthepurviewoftheplatform

operator.

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5.2 Purchase and sales of classic cars and modern classics

Asdescribedinsection5,thebusinessconceptoftheClassicCarCoinis

based on various sub-areas. While structuring the portfolio is the core

businessoftheClassicCarCoin,thepurchaseandsalesofclassiccarsand

modern classics also constitute an additional source of income for the

company.

Aspartof thisbusinessarea, classic carsandmodernclassicsare tobe

acquiredatlucrativeprices.Restorationmeasuresaretobeperformedin

thiscontextwhenacorrespondingincreaseinvaluecanbeexpected.

The market situation is analyzed in regard to sales transactions. If no

suitablebuyercanbefound,oriftheexpertsseegreatgrowthpotentialina

vehicle,itwillbeaddedtotheClassicCarCoinprojectportfolioasdescribed

insubsection5.1.

Trade in classic cars and modern classics is governed by the platform

operator. Decisions pertaining to the sales channel are under his purview.

ThevehiclesavailableforsalecanbeofferedexclusivelytotheClassicCar

Coin community. For details on exclusivemarket access, please refer to

subsection 8.2. However, payment for vehicles using Classic Car Coin is

explained in section 7.

ApartfromtheexclusivemarketfortheClassicCarCoincommunity,sales

conducted in exchange for fiat currencieswill also be targeted in order

to secure the cash flow. Thismeasure serves to ensure the company’s

freedomandoperabilityandhenceactsasasafetynet thatbenefitsall

token holders.

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5.3 Services

Servicingandrestorationalsoplayamajorroleinmaintainingaportfolio

ofclassiccarsandmodernclassics.Hence,thisbusinessareaisalsopart

oftheClassicCarCoinconcept.Theexperiencedteambehindtheproject

possesses wide-ranging expertise in the restoration, maintenance, and

evaluationofclassiccarsandmodernclassics.Giventhepremiseofprofit

maximization,thisknowledgebasewillnotonlybeusedforthepurposes

describedinsubsection5.1.

The provision of services centered around classic cars and modern classics

alsoconstitutesanattractivesourceofincome.Inparticular,thisistobe

consideredinlightofthefactthatthenumberofexpertswhopossessthis

specialist knowledge and the requisite skills is decreasing rapidly due to a

majorparadigmshiftwithintheautomobileindustry.

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6. Farsight Automotive GmbH

Farsight Automotive GmbHwas established in 2018 specifically for the

implementation of the Classic Car Coin. Building on the longstanding know-

howofitsfounders,thecompanyfocusesontheconsistentandsuccessful

implementationoftheClassicCarCoinproject.

6.1 Location

Passion,network,know-howandindustry-specificexpertise...

TheMOTORWORLDinCologneistheideallocationforFarsightAutomotive

GmbH. The MOTORWORLD branches represent the fascination with

automobilesinalltheirmyriadfacets.Theyaremagnetsforthepublicwith

cross-regional appeal. The MOTORWORLD in Cologne measures around

50,000m²,whichishometoalistedhistoricalbuildingcomplexbelonging

to the formerCologneAirport “Butzweilerhof”.Apart fromshow rooms,

workshops,serviceproviders,andretailoperationsforcollector’svehicles

andlifestylearticles,italsohousesconcertandeventspaces.

FarsightAutomotiveGmbH

c/oMotorworldKölnRheinland

Butzweilerstraße35–38

50829Köln

6.4 Benefit from economies of scale

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7. The Classic Car Coin as a means of payment

TheClassicCarCoinhastheinterestsoftokenholdersatheart.Theproject

hassetitselfthegoalofprovidingsignificantadvantagesnotonlytoowners

ofclassiccarsandmodernclassicsand/orpartiesinterestedintheindustry,

buteveryonewhowishestospeculateonapositivepriceincrease.

Whether you are a crypto trader or car enthusiast — the Classic Car Coin is meant for all token holders!

These goals aremade feasible by our diversified business concept. The

abilitytousetheClassicCarCoinasameansofpaymentaddstotheproject’s

successpotential,whileprovidingtheaforementionedtargetgroupswith

comprehensivebenefitsatthesametime.

7.1 Advantages of the payment function for token holders

FarsightAutomotiveGmbHspecializesintheestablishmentofastrategic

portfolio of classic cars and modern classics. In addition, the business

segmentforpurchasing,sales,aswellastherestorationandservicingof

classiccarsandmodernclassics,constitutesastrongpillarofthecompany.

Evenifitisessentialtoperformthetransactionsinfiatcurrencytoensure

liquidity,theClassicCarCoinservesasacentralmeansofpaymentforthe

servicesprovidedby thecompanyaswellas theportfolioofclassiccars

andmodernclassicsonoffer.Specifically,thismeans:Tokenholderscan

use their tokens topurchasevehicles.At thesametime, the tokensare

recognized tender as a means of payment for the wide range of services on

offerforclassiccarsandmodernclassics.

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However, the payment function of the Classic Car Coin not only offers

advantages for parties interested in classic cars. Via purchases of classic

cars and modern classics on the exclusive market as well as the utilization

of FarsightAutomotiveGmbH’s services, a constant demand for Classic

Car Coin is created. The payment function of the token therefore results

inconstantdemandwhichpositivelystimulatespubliclyaccessibletrade

ontheexchanges.Anincreaseinmarketvolumeisthedeclaredobjective,

whichinturnservesasthebreedinggroundforboostingthepriceofthe

Classic Car Coin.

Via its payment function, the Classic Car Coin magnifies its potential for significant price increases!

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7.2 Visualisierung des Cashflows

The project aims to achieve the greatest possible transparency, and

therefore greatly emphasizes traceability in the basic functions of the

underlying cryptocurrency. The following diagram illustrates the individual

paymentflowswithintheClassicCarCoinsystem.

VehiclespurchasedontheexclusivemarketcanbepaidforinClassicCar

Coin.ThesameappliestoservicesofferedbyFarsightAutomotiveGmbH.

The platform operator immediately plows any tokens recovered in this

mannerbackintotheopenmarketviatheexchanges.Doingsoachievesan

increaseinmarketvolume.Atthesametime,itisonlyinthismannerthat

thepaymentfunctionoftheClassicCarCoincanbeensured.

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Liquidfundsobtainedviatradeontheexchangeswillbere-investedassoon

aspossiblebyFarsightAutomotiveGmbH,therebyenlargingthestrategic

portfolio of classic cars and modern cars and expanding the organization’s

offerings.Duetoplowback,itwillbeconstantlyexpanded.

7.3 Price formation mechanism of the Classic Car Coin

ProfitswhicharerealizedaspartoftheClassicCarCoinprojectareinvested

in the expansion of the strategic portfolio of classic cars and modern classics

duetotheplowbackpolicy.Thepriceformationmechanismofthetoken

wasdesignedonthebasisofthispremiseandpassesontheadvantages

associatedwith the successful implementationof thebusiness concept

directlytothetokenholders.Viaplowback,thetokensarebackedwithan

increasingamountof realvalue,whichservesaspositivestimulationfor

the price development of the Classic Car Coin.

Atthesametime,exactingstandardsmustbeappliedtothecompetitiveness

oftheClassicCarCoinandFarsightAutomotiveGmbHinordertobeableto

sustainablymaintainasuccessfulbusinessmodel.

Inordertoachievethisgoal,theclassiccarsandmodernclassicsonoffer,

aswellasallotherproductsandservicesofFarsightAutomotiveGmbH,

will alwaysbequoted inUSdollar. TheClassic Car Coin canbeused for

payment,basedonitsdailypriceontheexchanges.

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Sample calculation for the price model:VehicleAisforsaleandhasavalueof$10,000.Themarketvalueofthe

ClassicCarCoinis$2.00.Hence,5,000tokensneedtobepaid.

This approach ensures the competitiveness of the portfolio.

Viastaggereddiscounts,tokenholderscanbenefitgreatlyfromtheuseof

Classic Car Coin as a virtual means of payment.

Token holders therefore benefit not just once, but twice from the attractive price models of the Classic Car Coin!

7.4 Savings effects with the Classic Car Coin

Due to the flexible pricing of Farsight Automotive GmbH’s portfolio,

attractive price benefits can be attained by token holders, assuming a

positive price trend. Called savings effects, this advantage is passed on

directlytotokenholders.Hence,earlyadoptersofthisambitiousproject

willberewarded.

Thefollowingexampleclarifiestheimpactofthesavingseffectsontoken

holders:

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Example of savings effects of price model:

DuringtheICO,thetokenholderpurchases10,000ClassicCarCoinsat$1

each.Thankstoapositivepriceincrease,thevalueofthevirtualcurrency

risesto$2.00perunit.Thepriceoftheclassiccarsofferedontheplatform

isbasedonthedollarvalue.Thismeans:Thecostsforthevehicledescribed

aboveintheformofClassicCarCoinsis:

$10,000/$2.0=5,000ClassicCarCoins

Conversely, thismeans:The tokenholderhas, thanks toapositiveprice

development, onlypaid$5,000 for a carwhich corresponds to amarket

valueof$10,000.

This applies analogously for services. Early investment in Classic Car Coin

allows token holders to benefit from particularly attractive priceswhen

purchasingvehiclesandutilizingFarsightAutomobileGmbH’sservices.

7.5 Discounts for products and services

Inadditiontothesavingseffectdescribedinsection7.4,tokenholdersare

givendiscountsdependingonthenumberoftokenstheyown.Incombination

with the savings effect, owners of classic cars andmodern classicswill

beable toobtain favorable terms for the restoration,maintenance,and

storage of their vehicles.

Inordertobenefitfromthesediscounts,atleast50%ofthetokensmust

remain in the account after using the Classic Car Coin as a means of payment

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Sample calculation 1, including discounts:

VehicleAisforsaleandhasavalueof$100,000.Themarketvalueofthe

ClassicCarCoinis$2.00.Hence,50,000tokensneedtobepaid.

Thetokenholderhas100,000tokensinhiswallet.Thisresultsinadiscount

of 10%.

Hence,thepurchasepriceisreducedto$90,000,and45,000tokensneed

tobepaid.Afterpayment,thetokenholderhas55,000tokensremaining

in his wallet. No further action is required.

Sample calculation 2 including discounts:

VehicleBisforsaleandhasavalueof$200,000.Themarketvalueofthe

ClassicCarCoinis$2.00.Hence,100,000tokensneedtobepaid.

Thetokenholderhas100,000tokensinhiswallet.Thisresultsinadiscount

of 10%.

Thepurchaseprice isthereforereducedto$180,000,and90,000tokens

needtobepaid.Because50%ofthetokensmustremaininthewalletafter

utilizingthediscount,thetokenholdermustacquireanadditional40,000

tokens from an exchange. After payment, the token holder has 50,000

tokens remaining in his wallet.

Ifthetokenholderdecidestoforegohisdiscount,hecanutilizethecontents

ofhisentirewalletforthepurchase—inthiscasethe100,000tokensinhis

possession

.

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Discount categories for Classic Car Coin:

Discounts are given depending on the number of tokens in the holder’s

wallet.Thestaggeringisstrictlylinearinnatureandissubdividedintosteps

of10,000ClassicCarCoins.

Tokens in account: Discount given:

> 10.000 1%

> 20.000 2%

> 30.000 3%

> 40.000 4%

> 50.000 5%

> 60.000 6%

> 70.000 7%

> 80.000 8%

> 90.000 9%

> 100.000 10 %

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8. Additional advantages of the Classic Car Coin

The Classic Car Coin prioritizes the needs of token holders and rewards

them via variousmethods for their faith in the project. Apart from the

advantagesdescribedinsection7.1,owningClassicCarCoinsisassociated

withadditionalbenefitswhichwillappealnotonlytocryptotraders,but

alsoautomobileenthusiasts.

Duetothevariousexitoptions,alltargetgroupsreaptherewardsofowning

thetokensoverthelongterm,regardlessofwhethertheyhaveaninterest

in the classic car sector or in value appreciation.

8.1 Multiple exit options for token holders

Duetothefocusonvarioustargetgroups,theexitoptionsofthetoken

mustalsobedesignedaccordingly.Unlikemostothertokensofthisnature,

the Classic Car Coin offers a range of options for recovering the capital

invested.

Side note: What is an exit option?

Exitoptionsdescribepossibilitiesfortokenholderstorecoverthecapital

theyhaveinvestedfromthesystemanduseitforotherpurposes(=payout/

utilization). Inotherwords:Thecustomerwould liketo investhiscapital

andleavewithprofitsorbenefitfromaservice.

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Which exit options does the Classic Car Coin offer?

1.TheClassicCarCoinwillbelistedonexchangesuponconclusionofthe

ICO.Once listed, capital gains canbe achieved and conversions into any

numberofothercryptocurrenciescanbemade.

2. Token holders have the option of purchasing classic cars and modern

classicsfromanexclusivemarketusingtokens.Duetothesavingseffect,

favorable terms can be obtained. For more information on the savings

effect, please refer to section 7.4.Market access is explained in further

detailinsubsection8.2.

3. A variety of services centered around classic cars and modern classics are

offeredintheClassicCarCoinuniverse.Theseservicescanbepaidinfull

usingtokens.Moreinformationonthiscanbefoundinsection7.

8.2 Access to an exclusive market

TheClassicCarCoinofferssignificantadvantagesforaficionadosofclassic

cars and modern classics. Token ownership opens up access to an exclusive

market.Purchased,restored,andcertifiedclassiccarsandmodernclassics

are regularly offered on the internal market. These cars are selected

collector’s models from the portfolio which are difficult to obtain in a

suitableconditionontheopenmarket.

VehiclesofferedviathesechannelscanbepaidforwithClassicCarCoins.

Assumingthetokenexperiencesapositivepricetrend,attractivesavings

effectscanberealizedfortokenholderswhichallowforafavorablefinal

price.

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Token holders receive access to an exclusive market and benefit from

favorableterms!

Themarketcanbeaccessedviatheonlineplatform:

www.classiccarcoin.io

Marketaccessisonlyenabledfortokenholderswhohaveaminimumof

1,000tokensandhavecompletedthenecessary registrationprocedures

on the homepage.

8.3 Exclusive events

Withtheexpansionofaportfolioofpotentiallyhigh-growthclassiccars

andmodernclassics,thecollectionofhistoricalvehiclesbackingthevalue

oftheClassicCarCoinwillgraduallygrow.FarsightAutomotiveGmbHwill

organize events at regular intervals. All token holders who have completed

the registration procedures will receive the opportunity to attend these

events in order to interact with like-minded people and establish new

contacts.

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9. Claiming benefits with Classic Car Coin

Inordertoenjoytheadvantagesdescribedinsections7and8,tokenholders

mustowntherequisitenumberofClassicCarCoinsaswellasregisteron

thehomepageatwww.classiccarcoin.io.Forthisprocess,onlytheuser’s

name,walletaddress,aswellasavalide-mailaddressare required.For

reasonsofprivacy,wewillonlycollectadditionaldatawhenitisabsolutely

necessary as part of the purchase of vehicles or to utilize services.

In order to receive the permissions for market access as well as utilize the

discountsadvertised,theClassicCarCoinsmustexistinthewalletaddress

specifiedintheprofileforverificationpurposes.Thetokensstoredthere

canbewithdrawnbythetokenholderforsaleonanexchangeatanytime

and without additional fees. However, this terminates all eligibility for

ClassicCarCoinbenefits.

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10 Roadmap

The Classic Car Coin is a well-structured project. Even prior to the ICOlaunch,

all the necessary measures for ensuring the successful conclusion of token

sales will be set in motion. The following roadmap defines the individual

milestones in detail:

18.10.2018 - Founding of Farsight Automotive GmbH

22.10.2018 – Launch of Farsight Automotive GmbH homepage

03.11.2018 – Launch of Classic Car Coin landing page

05.11.2018 – Start of private sales with 30 % discount

30.09.2019 – Start of pre-sales phase 1 with 25% discount

31.10.2019 – Start of pre-sales phase 2 with 20% discount

30.11.2019 – Start of pre-sales phase 3 with 10% discount

31.12.2019 – Start of Public sale phase

29.02.2020 – Completion of ICO

31.03.2020 – Initial listing of CLCC on exchange

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11. References

BBE Automotive, Wirtschaftsfaktor Old- und Youngtimer 2018 – Ein

MilliardenmarktimWandel,2018:https://www.vda.de/dam/vda/Medien/

DE/Presse/Materialien/Young_Oldtimer_Charts_PK/Young_Oldtimer_

Charts_PK%202018.pdf

ClassicDataMarktbeobachtung,Marktspiegel2017,2017:https://www.

classic-data.de/nachschlagewerke/classic-data-marktspiegel/

Fédération Internationale des Véhicules Anciens, Oldtimer in Europa -

SozioökonomischeMarktforschungderFIVA2013-2014,Hintergrundund

Schlüsselerkenntnisse, 2014: http://www.fiva.org/wp-content/uploads/

FIVA-MEP-Brochure-Rev.-1.4-German-Version.pdf

Finanzen.netGmbH,DAX30Chart,2018:https://www.finanzen.net/index/

DAX/Charttool

Knight FrankBeratungsagentur,WealthReport - Theglobal perspective

onprimepropertyand investment,2018:https://www.knightfrank.com/

resources/wealthreport2018/the-wealth-report-2018.pdf

Kraftfahrt-Bundesamt,Bestandam1.Januar2018nachFahrzeugalter,2018

https://www.kba.de/DE/Statistik/Fahrzeuge/Bestand/Fahrzeugalter/

fahrzeugalter_node.html

Kraftfahrt-Bundesamt,BestandnachHerstellernundHandelsnamen (FZ

2), 2018 https://www.kba.de/DE/Statistik/Produktkatalog/produkte/

Fahrzeuge/fz2_b_uebersicht.html?nn=645784

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Verband der Automobilindustrie, Der Deutsche Oldtimer Index, 2018:

https://www.vda.de/de/themen/automobilindustrie-und-maerkte/

historische-fahrzeuge/der-deutsche-oldtimer-index.html

VFVerlagsgesellschaftmbHundVDA,DerOldtimer-MarktinDeutschland

- Eine Untersuchung zum Besitz und Umgang mit klassischen Autos und

Motorrädern, zu Informationsinteressen und zur Mediennutzung, 2018:

https://www.ifd-allensbach.de/fileadmin/IfD/sonstige_pdfs/OLDTIMER-

STUDIE_2017_18.pdf