ABOUT AUTOBAY
Autobay allows you to buy, sell and auction new and used cars from private sellers and dealerships from all over the world in the largest blockchain based e-commerce environment. You will be able to pay with cryptocurrencies for the security of a cash free payment process.
Autobay will allow user reviews to create the ideal environment for safe and secure transactions to happen, allowing buyers to get reviews on sellers and dealerships. Sellers on the other hand will boost their sales through a platform of buyers.
Autobay is the first ecommerce platform based on the Ethereum blockchain that allows users to sell, buy and auction vehicles using cryptocurrencies as payment method. Each year over 80,000,000 new cars are sold worldwide and only in the US over 100,000 used cars are sold every day, through an outdated, cash-based process. Autobay’s vision is to create real value to cryptocurrencies allowing them to act as a financial asset to purchase goods (vehicles in this case) while solving a day to day problems of the car industry, creating a much safer, simpler and secure process. Autobay’s main objective is to create the legitimacy of the market by allowing the use of Bitcoins (BTC), Ethereum (ETH) and Autobay Tokens (ABX) as financial assets to acquire goods (cars, trucks and motorcycles).
In almost 20 years from 1997 to 2006, the car business almost copied its generation, from 54,000,000 units to 94 million units made in one year. The car business chip went in two special units of principle, new and utilized vehicles. The expansion of people around the world who will now be able to access to buy vehicles, both truck family vehicles and people who use their cars used to buy others. These two meetings merged making the industry more than $ 3 trillion (US dollars) per year. To establish the case of the automotive industry used in China, which is the largest car market on the planet has grown by 10X in the last 10 years, coming to $ 94 Billon dollars in 2016 and only in the United States in 2017 over 37 million used cars sold
PROBLEMS
When purchasing a new vehicle at least point at some point must bring FIAT currency in cash, whether from or to the bank or from their home to a dealer that involves a stressful and insecure process. When buying used cars, we realize that the entire industry is based on a cash-only sales policy, creating greater uncertainty during the process. Furthermore, when buying used cars from private sellers, where unknown sellers claim to own the cars they want and make cash transactions in very uncomfortable situations. Risks such as losing money, being robbed, payment with fake notes and lost time are part of the risk involved in cash payments. Over the past 100 years, the process of purchasing vehicles has been the same part, and it’s outdated and unsafe. process.
SOLUTIONS
Autobay is a patented e-commerce platform that allows users to publish their products online using the cryptocurrency as a payment method. The autobay creates a lot simpler and safer experience when buying a vehicle, allowing people to buy a car with just 3 easy and safe steps.
The first step, the person must find the brand, model, year, millage, price range and specific location (radius within km).
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 a person agrees to buy a vehicle does not need a cash payment, the only thing the buyer should do is open the Decentralized Autobay app on their mobile device, enter the “I’m interested” menu , where the list of all cars is interested in the buyer, he then searches for a post in a certain car he wants to buy, and through a wallet embedded in Dapp, he can make an advanced deposit or full payment, choose the cryptocurrency he wants to pay with and pressing the “Buy” button he creates the Intelligent Contract in Ethereum Blockchain paying for cars.
HOW AUTOBAY WORK
AutoBay lets you buy vehicles in 3 easy steps.
- SEARCH
The Autobay Dapp and website allows you to search for the car you want, add filters to customize your search ie for brand, model, year, mileage and distance so you can customize to find car, motorcycle or truck results within 20 miles radius.
2, VISITING
Once you find the car you're interested in, by clicking "I'm interested" you get the seller's address and the profile and the seller get your profile information, so he knows in advance who will visit the car. Sharing this transparent information helps both parties in decision making and organization. Particularly dealers will be able to evaluate the demand of each vehicle.
- PAYMENT
Once you see the car and you decide to buy it, do not need cash! Autobay lets you provide advanced payments or pay directly with Autobay Token (ABX), Bitcoin (BTC) or Ethereum (ETH) without the need for cash payment, making Autobay the easiest and safest way to buy a car.
WHY AUTOBAY:
SAFE PAYMENT
Secure secure payments and transactions between parties.
LOW COST
Low cost pay with ABX, BTC, and ETH
UTILITY
Tokens are used as payments for vehicle purchases and car posts on e-commerce platforms
GIFT
Promotions, discounts and prizes will be awarded to users who pay with ABX through other cryptocurrencie.
USER VERIFICATION
Verify users via social media, phone numbers, user reviews, etc.
BETTER USER EXPERIENCE
Stress free because it does not require cash payment, easy and simple transactions
USER REVIEWS
Users will be reviewed to make the community better and fairer
SAFE TRANSACTIONS
Blockchain ensures a solid registry for every transaction detail.
ROADMAP
Q1 2017
Product concept developed. Company founded, Team Assembled.
Q2 2017
Website and Dapp designed.
Q3 2017
Advisors join the team. Beta Autobay Website developed MVP.
Q4 2017
Autobay ABX Token created.
Tokensale website developed.
Q1 2018
Autobay promoted in websites and Social Networks.
Q2 2017
Pre Sale & Crowdsale launch.
Reward Auction granted.
Q3 2018
Decentralized platform and Dapp Beta Trial. Marketing campaign for the platform.
Q4 2018
Autobay website & Dapp Platform Launch.
Q1 2019
Marketing campaign for Autobay Auction.
Q2 2019
Launch of Auction platform.
Q3 2019
Offering 3 Car manufacturers an Official Store inside the platform to test for a period of 4 months.
Q4 2019
Marketing Campaign for those 3 Official Stores.
Q1 2020
Launching 3 Official Stores on a
beta testing for 4 months.
Q2 2020
Offering other car manufactures the possibility of opening an Official Store.
Q4 2020
Launching official Stores for Car Manufacturers within the platform.
Q3 2020
Marketing Campaign for Official Stores.
TOKEN INFORMATION
NAME = AUTOBAY
HEART = ABX
HARD CAP = $ 24,000,000
TOKEN TYPE = ERC20
PRICE ICO = ETH 0.0001
EMISSION TOKEN = 945,000,000 ABX
ACCEPT PAYMENT = BITCOIN (BTC), ETHEREUM (ETH)
BONUS
Until 08 May 47%
09 May – 08 June 37%
26 June – 09 July 27%
10 – 23 July 17%
24 July – 06 August 7%
Tokens for sale 510,300,000
INFESTMENT INFO
Min. investment 200 USD
Accepting ETH, BTC
Distributed in ICO 54%
Soft cap 1,000,000 USD
Hard cap 24,000,000 USD
FOR MORE INFORMATION,VISIT THE LINK BELOW:
Website: https://www.autobay.io/
Whitepaper: https://www.autobay.io/whitepaper
Facebook: https://www.facebook.com/Autobay.io/
Twitter: https://twitter.com/Autobayio
Telegram: https://t.me/autobaybounty
JST Thread: https://bitcointalk.org/index.php?topic=3327461
Coins mentioned in post:
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