Alieno "Bitcoin": Bulgarian hypersport car manufacturer now with its own currency

The Alieno Arcanum is expected to become the fastest electric vehicle in the world with a top speed of up to 488 km/h. Several hub motors per wheel will be installed in various power levels. In the base version, there are three per wheel; the top version is supposed to have six motors per wheel—so a total of 24 hub motors—generating 8,880 Nm and over 5,200 hp. The range is expected to be over 1,000 kilometers. However, no prototype has yet been built that would meet these performance claims.

"We are ready to start production immediately upon receipt of a confirmed order or capital from an external investor to financially secure the rest of this process," said Ahmed Merchev, founder of Alieno. "We have overcome all technical difficulties and are already accepting pre-orders."

High-Tech Production Facility in the Bulgarian Village of Tuhovishta

Doubts arise when looking at the currently released photos by Alieno of the factory under construction. A leveled plateau, next to it a simple building. The existing building may have new windows and a paint job in Alieno design, but it rather resembles a horse cart workshop than a sports car forge. Allegedly, the first supercars can already be manufactured by 2022.

Own Currency and Allegedly Rapidly Increasing Company Value

Alieno has now announced that the development and maintenance of a currency became possible through free capacities on its own supercomputer. This is intended to generate fresh money for the further expansion of the production site in Tuhovishta, Bulgaria. However, the Bulgarians also speak of a win-win model: with greater interest and the buying and selling of tokens, an increase in the currency's value is expected. The Alieno token is currently available on 16 different blockchains.

Since the initial issue of the Alieno token is limited to a maximum of ten million, the sports car manufacturers can raise 10 million US dollars (equivalent to about 9 million euros). The company's valuation in 2021 amounts to 90 million euros (about 100 million USD) – however, Alieno assumes that in the future it will be valued as a so-called unicorn company with over one billion US dollars.

The Hypercar Trades Automatically and Earns Money

Now it gets futuristic. While other car manufacturers are working on having vehicles autonomously move from point A to point B in the future, the Alieno Arcanum is supposed to be able to generate its own money. Mining processes run in the cloud, and the supercomputer of the sports car connects with the other computers of Alieno. The car manufacturer thus advertises that the sports car will be able to trade automatically on crypto markets through artificial intelligence in the future. The costs for charging electricity and part of the purchase price will be reimbursed in this way.