Background
The automotive industry have witnessed a continuous level of success since the 19th century as there’s a proportional increase in the demand of making use of cars. This has led to a successful business trend for car dealers as they indulge in the sales of cars either brand new or used to interested buyers. There will always be a necessity in the use of cars and as people grow up they tend to acquire cars to make their daily living a comfortable one with respect to transporting from one destination to the other as well as assuring convenience while doing so.
Challenges Faced By Car Buyers
Since the advent of the first cryptocurrency in 2009 by Satochi, the industry has since witnessed a constantly increasing number of crypto token holders/investors. More people are now buying different forms of cryptocurrencies which could be exchanged to other forms of cryptocurrencies or fiat money. However, despite the fact that some platforms and e-commerce companies have been accepting payments in cryptocurrencies, the automotive industry particularly car dealers have not yet grown too the extent of accepting payments in cryptocurrencies for the purchase of cars. Even though some car dealers claim to be accepting cryptocurrency payments for purchase of cars, the highly exorbitant exchange rate and transaction charges they foist on buyers have made it to be in futility. So many people of the 21st century now have fortunes in cryptocurrencies and are willing to purchase cars directly using their cryptocurrencies for easy payments but have been unable to do so since car dealers in entirety have not yet started receiving payments in cryptocurrencies from interested car buyers.
The afore-mentioned challenges have birthed the necessity for AUTO BLOCK to embark on an ICO (initial coin offering) to provide a lasting solution for all.
The Solution – Auto Block
Auto Block is a blockchain based platform which offers solutions to the issue of car purchases with cryptocurrencies not currently adopted globally by using its Autocoin tokens as the solution medium. With the use of Autocoin tokens, car buyers can now be able to perform simple and efficient transactions in making purchases of cars. Autocoin will be the one-stop solution to purchasing of cars using a cryptocurrency.
Auto Block platform will make it possible for car valuation and as such if a car is to be sold to a new buyer; the mileage, ownership history, previous repairs will be known for auditable trail. Auto Block platform is highly secured and transactions are transparent as the platform leverages on the technology of ethereum blockchain. With the help of P2P (peer-to-peer) functionality of blockchain technology, car buyers can directly link up with car dealers or individuals for purchases of cars using the autocoin cryptocurrency.
Benefits of Autocoin
The benefits of Autocoin includes but not limited to the following:
Car buyers can make choices from available cars up for sale on autocoincars.com website.
Car buyers are protected from identity theft as there’s no necessity for the use of credit/debit cards or revealing customer’s banking details.
The use of Autocoin tokens guarantees your anonymity on the Autoblock platform.
Cars can be purchased anywhere in the world with the use of Autocoin.
Details of car history will be made available to car buyers.
Transactions performed using autocoin are instantaneous devoid of delay.
Transaction fees are very low using autocoin in car purchases.
Payments are direct without the need for bank or third party intervention.
Car buyers can easily make international payments without incurring extra exchange rate charges.
ICO & Token Information
Token: AUTOCOIN
Soft Cap: 5,000 ETH
Hard Cap: 40,000 ETH
Pre-ICO Cost: 1 AUTOCOIN = 0.000181818 ETH
ICO Cost: 1 AUTOCOIN = 0.00025 ETH
Platform: Ethereum (ERC20 Compatible)
ICO Currency Acceptable: ETH
Minimum Acceptable Investment: 0.20 ETH
Country: UK
Countries Restricted From ICO Participation: China, Russia, Mexico, Saudi Arabia, South Korea, USA
Auto Block Project Team
The success of a project is highly a contributing factor to the overall success of the project. In view of this fact, I’m pleased to let you all know that Auto Block Project Team is made up of highly experienced industry professionals.
Conclusion
In this era of constant evolution of cryptocurrencies, it is difficult to find a good ICO project. Therefore, this is a great opportunity for everyone to join Auto Block project that shows great auspiciousness and success by purchasing as many Autocoin as possible during this project phase as only holders of Autocoin tokens stand the chance of being able to maximize the enormous benefits of AutoBlock Platform.
For more information about Auto Block Platform and/or how you can purchase her Autocoin tokens, kindly visit any of the following links:
Website: https://www.theautoblock.com/
Whitepaper: https://www.theautoblock.com/uploads/files/20180702092247.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4570049
Instagram: https://www.instagram.com/theautoblockx/
Medium: https://medium.com/@autoblockx
Linkedin: https://www.linkedin.com/company/autoblock/
Telegram: https://t.me/autoblockofficial
Reddit: https://www.reddit.com/user/AutoBlockX
Youtube: https://www.youtube.com/channel/UCPiapKulKoBPkDJLxZjv2TQ
Facebook: https://www.facebook.com/AutoBlockX/
Article Author
My Bitcointalk Username is: osede01
My Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=1988741