AutoBay - The First Decentralized Platform for Car Sale and Purchase


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What is Autobay

Autobay is the first e-commerce platform based on Ethereum blockchain that allows users to sell, buy, and auction cars using cryptocurrency as a method of payment. Theobox will be the largest automotive environment in the world whose primary goal is to create legitimacy into the cryptocurrency market by enabling the use of Bitcoin ( BTC ), Ethereum ( ETH ) and Autobay Tokens ( ABX ) as financial assets to acquire goods

Autobay is a web-based decentralization company that lets customers enjoy their vehicles through eux.Autobay resets a lot, a secure experience when purchasing a vehicle, allowing individuals to buy only 3 cars of simple and safe progress. The first step, the individual must be aware of the car he needs, using channels that summarize investigations based on the brand year, mileage, price range and area ( within km ).

In almost 20 years from 1997 to 2006, the car business almost imitated its generation, from 54 million units to 94 million units made in one year. The car business divides two special units, new and used vehicles. The expansion of the world's population makes it possible to access vehicles, whether trucks or family vehicles and people who launch their used cars to buy another car. These two meetings result in an industry with more than 3 billion dollars ( US dollars ) per year. To define the case of the automotive industry used in China, which is the 10th largest auto market on the planet, arrives with Billon $ 94 dollars in 2016 and only in the United States by 2017 over 37 million used cars are sold

AutoBay Safe, simple and secure. At this time, he is looking for a buyer, he can make a shop-based payment or full payment, choose the crypto currency he wants to pay and by pressing the "Buy" button, he makes Intelligent Contracts in Ethereum Blockchain. who pays for the car.

Autobay will soon get the procedure to get the exchange of evidence and exchange evidence about the automotive spotlight that empowers the prospective buyer to monitor the history of the car, making the process safe, secure and secure. silent

Problem

When purchasing a new vehicle, at least one point must at a certain time carry the FIAT currency in cash, whether from or from the bank or from their home to a dealer that involves stressful and insecure processes. When we buy used cars, we realize that the entire industry is based on cash sales alone, which creates greater uncertainty during the process. In addition, when buying used cars from private sellers, where unknown sellers claim to own the cars they want and do cash transactions in very uncomfortable situations. Risks like losing money, being robbed, paying with bogus bills and wasting time risks associated with cash payments. In the last 100 years, the process of purchasing vehicles has been the same, and it's outdated and dangerous. process.

Solution

Autobay is a patented e-commerce platform that allows users to publish their products online using cryptocurrency as a method of payment. Theautobay creates a simpler and safer experience when purchasing a vehicle, allowing people to buy a car with just 3 easy and safe steps :
  • The first step, the person must find the model, year, mileage, price range and specific location ( within a km radius )
  • The second step, when someone finds the car they want, it's just ordinary that they say I'm interested, that means that they are willing to visit the location where the vehicle is located, to assess the car. By pressing the button I am interested, both parties, the seller and the buyer receive each other's profile information.
  • The third step, and most importantly, when someone agrees to buy a vehicle does not need a cash payment, the only thing a buyer should do is open a decentralized Autobay app on their mobile device, go to the "I'm interested" menu , where a list of all the cars interested in the buyer, he then looks for a position in a certain car he wants to buy, and through a portfolio integrated into Dapp, he can make a full deposit or payment, choose the cryptocurrency he wants . to pay and by pressing the "Buy" button he makes a smart contract in Ethereum Blockchain paying for the car

Autobay will also allow the auction any time. The auction will be a regular feature that will be on the platform every day, but as it happens in the event. from around the world will have the opportunity to buy a car at auction and the offer will be made in crypto currency


Benefits to be won
  • The seller will have a large audience to show his vehicle
  • Buyers will have local vehicle display during local or regional auctions
  • Buyers will be able to make cryptocurrency payments at a very low cost
  • Buyers will be able to purchase pre-General Autobay sales

Autobay will only accept Cryptocurrency ( BTC, ETH, and ABX ) as a means of payment, no FIAT currency will be accepted. Cryptocurrency will also be used as a payment method for companies to advertise their brand in a site banner ad. Bitcoin ( BTC ) and Ethereum ( ETH ) are interested in ABX Tokens



AutoBay lets you buy vehicles in 3 easy steps




Pre Sale and Crowdsale ABX Token

INCOME PROFITS

The Reward Auction is the world's first Cryptocurrency Car Auction. When participating in our Token Sales, you are automatically participate in this Auction for the same number of Tokens purchased, it will act as a valuable Bounty Top contributor. The highest token holder will win one of the following cars according to the total number of tokens purchased during Pre and CrowdSale 1.35% of total token being sold. * A buyer token of 2 to 10 places will also compete to win certain tokens ( as seen in the Ranking Table )


TOKEN SALE TIMELINE


TOKEN INFORMATION


Payment method

Only Bitcoin ( BTC ), Ethereum ( ETH ) cryptocurrencies are accepted to purchase Autobay tokens during presale and Crowdsale :

Distribution of the founders
  • 40% OF OPERATING EXPENSES
  • 38% PLATFORM MARKETING
  • 8% RIGHT, TAX AND COMPANY COSTS
  • 10% NEW PRODUCT DEVELOPMENT
  • 4% MISC

Cost Marketing
  • 44% ADVERTISEMENT ONLINE
  • 20% DOOH ( DIGITAL OUT OF HOME )
  • 36% TRADITIONAL ADVERTISEMENT

Operating costs
  • 42% OPEX SOCIETY
  • 30% PLATFORM DEVELOPMENT
  • 16% PRODUCT IMPLEMENTATION

ROADMAP

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TEAM

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ADVISORS

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For more details about our ICO you can also visit our website address below from me and thank you :
Author Article : Xiomynote04
ETH : 0x6Aa76052521184f5a3adcfD24BaB274b0D811A86

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