CryptoAutos Expands Payment Options With $ICE For Car Purchases and Rentals | BSCN (fka BSC News)

CryptoAutos has announced that it now accepts $ICE, the native token of Ice Blockchain, for both vehicle purchases and rentals. This integration allows users to spend their $ICE tokens directly on cars, expanding the real-world utility of digital assets.

This update follows CryptoAutos’ continued push to tokenize luxury automotive assets and support a broader range of cryptocurrencies. The platform already accepts major tokens like BTC, ETH, BNB, and recently enabled the first-ever vehicle sale in $TON. The addition of $ICE comes as the Ice Open Network (ION) expands its product suite, including a decentralized social application with on-chain payment features.

$ICE Brings Real-World Utility to Web3 Vehicles

With the $ICE token now accepted, users can:

• Buy or rent luxury cars directly on the CryptoAutos platform using $ICE
• Access the platform globally, bypassing traditional financial intermediaries
• Engage in cross-chain payments, aligned with ION’s growing infrastructure

CryptoAutos stated:

“With $ICE, you’re not just holding crypto, you’re unlocking access to global car ownership and rentals in just a few clicks.”

This move aims to show how Web3 technologies can be applied to real-world purchases—particularly in luxury goods markets.

Verasity Partnership Brings Blockchain Video to the Garage

A few days before the $ICE integration, Verasity, a blockchain-based video infrastructure company, revealed a strategic partnership with CryptoAutos. The two companies are collaborating to merge their technologies. This includes using Verasity’s Proof of View (PoV) system with CryptoAutos’ car-focused platform.

What to expect from the partnership:

• Video-based experiences for buyers and renters
• Verified, blockchain-secured media content
• Potential VRA token support for vehicle transactions

Verasity said it will provide more details soon, but emphasized their shared goal of creating new blockchain use cases in the luxury automotive space.

CryptoAutos and Its Growing Ecosystem

Founded as the world’s first blockchain-powered luxury automotive marketplace, CryptoAutos offers secure, transparent vehicle transactions using cryptocurrency. The company combines Web3 technology with high-value real-world assets.

Here’s what sets it apart:

• Fractional vehicle ownership: Users can invest in part of a luxury vehicle via tokens
• $AUTOS token: Powers transactions, governance, staking, and exclusive offers
• $20M fleet in Dubai: Includes Lamborghini, Ferrari, Tesla, and others
• Estimated $15M in annual rental revenue, powered by smart contracts

Launched in late 2024, the $AUTOS token is central to CryptoAutos’ ecosystem. It also enables a Gold membership program with exclusive perks, discounts, and community governance features.

Real-World Asset Focus in a Growing Market

The $ICE integration reflects a broader trend toward real-world asset (RWA) use cases in crypto. As more protocols move beyond speculation, tokenization of tangible goods—like real estate, vehicles, and luxury items—is gaining traction.

CryptoAutos places itself at the center of this shift:

• Real cars, not digital representations
• Smart contracts for income-sharing
• Blockchain-based ownership and governance

The $ICE token, backed by Ice Blockchain’s infrastructure, complements this focus. It recently gained attention for powering ION’s Online+ social dApp, which allows end-to-end encrypted chat, on-chain payments, and NFT interaction—all without centralized oversight.

FAQs

1. What is CryptoAutos?

CryptoAutos is a blockchain-based platform that lets users buy, rent, or invest in luxury vehicles using cryptocurrency. It offers full and fractional ownership through tokenized assets and smart contracts. 2. ### What can I do with the $ICE token on CryptoAutos?

You can now use $ICE to pay for car purchases and rentals directly on the platform, adding real-world utility to the token and expanding payment options for crypto users. 3. ### How does CryptoAutos handle vehicle ownership with crypto?

CryptoAutos allows both full and fractional ownership of high-value vehicles through smart contracts. Owners can earn passive income from rentals or resale, and all transactions are recorded on-chain for transparency.

Resources:

1. Ice Open Network Docs:
2. Crypto Autos Litepaper:
3. Ice Open Network Latest Online+ Update: