The Helbiz team had ICO in 2018.
Helbiz coin holders lost their money.
Now Helbiz is going to IPO.
Helbiz coin holders filed a class-action case against Helbiz Inc., Salvatore Palella and others.
Case filed in New York Southern District Court on June 19, 2020
04.06.19

Helbiz work legally in Italy

On June, 4, the Minister for Transport of Italy Danilo Tininelli signs decree about micromobility, which makes a company like Helbiz legal on Italy, and makes it willing to grow.

CEO of Helbiz comment this:
"Helbiz is the first sharing electric scooter company in Italy. With the new approval, the micromobility service can now be launched officially throughout Italy. We have been waiting for months and we are happy this day has finally arrived. We know this will change Italy's mobility for the best!"

"The approval of the Micromobility decree from the Italian Minister of Transportation is an excellent update for all involved in the mobility industry. The launch of this new transportation solution will have a great impact on everyday life of Italians. Helbiz already complies with the regulations outlined in the decree and we look forward to embracing the various requirements Italian municipalities will mandate for the pilot programs. Helbiz will share with all cities all collected anonymized data, as it has done for the past months during its pilot test. In addition we will collaborate with ANCI (Association of Italian Municipalities) to make sure all needed data is provided. Most importantly, Helbiz is and remains committed to offering real working opportunities to all that seek an opportunity within the smart mobility revolution.

A lot of mass media write about this. Such as, ilsole24ore, Economyup.it and others.

But, why is it important, do you want to ask, don't you?

Big companies like Bird and Lime don't work legally

Because, for example, large companies in the USA such as Bird or Lime don't work legally now. They just have a lot of scooters and have some conflict with the municipality.

1. Bird scooters got kicked out of San Francisco but found a loophole back in
2. An ex-Uber employee is littering the streets of San Francisco with scooters and claims the city wants to shut down his $300 million startup
3. Scooter companies pulling out of Miami just weeks after making their debut

So, Helbiz going in a legal way. They are legal in Europe and starting legal in the USA.

What is the future of this? We think, very good and very competitive.