The Formacar Group, founded in 2014 and headquartered in United Arab Emirates, is revolutionizing the automotive industry with its self-sufficient ecosystem and innovative products. The company's diverse services include the Formacar Ecosystem, which encompasses an automotive information portal and mobile application featuring a 3D Car Configurator with AR Mode and Wheel Fitting capabilities. Additionally, Formaсar Design, a collaboration with SCL Global Concept, offers premium vehicle design and styling, elevating automotive aesthetics. Furthermore, the company has ventured into the web3 division with Formacar Crypto, introducing Formacar Action, the first GameFi-powered mobile racing game. This venture incorporates Play2earn mechanics and a future mode named DRIVE2EARN, allowing players to earn rewards for real-world driving activities. With a continuous addition of new car models and the release of Formacar Action Alpha in December 2022, the company is dynamically shaping the automotive landscape. The innovative features and ongoing developments showcase the potential for a significant impact on the automotive industry and the crypto world. Formacar Group's diversified approach, technology integration, and commitment to enhancing user experience position it as a forward-thinking entity with the capacity to disrupt and redefine the automotive sector. The company's dedication to innovation and cutting-edge solutions aligns with the evolving demands of the industry, making it a promising venture for potential investors in the automotive and crypto sectors.
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