BERKELEY, CA--(Marketwired - Apr 2, 2014) - Fuelist, Inc., a 51% owned subsidiary of The Chancellor Group (
The Fuelist platform includes data driven tools to help consumers and enterprises to more accurately price classic automobiles. Revenue is targeted in the form of licensing, individual and corporate subscriptions; royalty payments and advertising for prospective partners in the automotive, auction and car insurance industries. Bitcoin enabled payment options are also included for all transactions. The platform is cloud-based and will also include mobile apps and an API (Application Programming Interface) that will enable Fuelist to power large and small partners.
Fuelist Co-Founder and MIT data scientist Dr. Thomas Rand-Nash said:
"The Fuelist continuously aggregates detailed sales information from across the globe, and leverages deep expertise to intelligently organize and curate this information.
"The Fuelist is similar to Zillow.com, but for collector and classic vehicles, in that our extensive proprietary database and tools enable people to properly value vehicles based on verified comparable sales data. From another perspective, anyone using platforms like Ebay Motors or sitting in the audience at a Sotheby's or Bonham's classic car auction should be using the Fuelist. Our data-analysis and visualization tools enable them to ask and answer questions about how much the collector and classic vehicles they are looking at are worth. Not only can they see what they are worth, but they can also identify the factors that drive these valuations, and track market trends over time."
The Fuelist, a subsidiary of The Chancellor Group (
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