Current problem.
When buying a new vehicle almost everyone at one point must bring FIAT currency in cash, either from or to the bank or from their home to dealers that involve stressful and insecure processes.
When buying a used car, we realize that the entire industry is based on cash sales policies only, creating greater uncertainty during the process. Furthermore, when buying used cars from private sellers, people are forced to travel to unknown locations, where unknown sellers claim to own the car they want and make cash transactions in very uncomfortable situations.
Risks such as loss of money, robbery, payment with false records and time lost 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 Over the past 100 years, the process of purchasing vehicles has been the same part, and is outdated and unsafe. process.
Solutions from AutoBay Project.
AutoBay is a patented e-commerce platform that allows users to promote their vehicles so everyone can view them online, enabling users from around the world to buy a vehicle using cryptocurrency as a payment method.
About AutoBay Project.
AutoBay is the first e-commerce platform that is set first to buy, sell, and through every vehicle with cryptocurrency.
AutoBay lets you buy, sell, and auction new and used cars from vendors and private dealers from around the world in the largest neighborhood of Blockchain e-commerce. You will be able to pay with cryptocurrency for your desired car with a low transaction rate and with a secure free cash payment process.
AutoBay will allow user reviews to create an ideal environment for safe and secure transactions to occur, enabling buyers to get reviews about sellers and dealers.
Sellers on the other hand will increase their sales through a backend platform that will allow them, among other tools, to see statistics on each vehicle posted and a list of potential buyers who are interested.
AutoBay is the first e-commerce platform based on the Ethereum Blockchain that allows users to sell, buy, and auction vehicles using cryptocurrency as a payment method. Every year more than 80,000,000 new cars are sold worldwide and only in the US more than 100,000 used cars are sold every day, through processes that rely on obsolete money.
AutoBay vision is to create real value for cryptocurrency that allows them to act as financial assets to buy goods (vehicles in this case) while solving the car industry’s daily problems, creating a much safer, simpler and safer process to buy vehicles .
AutoBay main objective is to create legitimacy into the cryptocurrency market by allowing the use of Bitcoin (BTC), Ethereum (ETH) and Autobay Tokens (ABX) as financial assets to obtain goods (cars, trucks and motorbikes).
AutoBay creates a much simpler and safer experience when buying a vehicle, allowing people to buy cars in just 3 easy and safe steps.
The first step :
- The person must find the car they want, using a filter that shortens their search for brands, models, year, millage, price range and location, (radius within km).
Second step :
- When someone finds the car they want, either new or used, they just click the button that appears in the publication that says I’m interested, which means that they are willing to visit the location where the vehicle is located, to assess the car. By pushing the button I am interested, both parties, the seller, and the buyer each receive their own profile information.
Third step :
- And most importantly, when people agree to buy a vehicle, no cash payment is required, 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 cars interested in buyers, he then searches for a post on a particular car he wants to buy, and through a wallet embedded in Dapp he can make an advanced deposit or full payment, select the cryptocurrency he wants to pay and by pressing the “Buy” button he makes a Smart Contract in Ethereum Blockchain that pays the car.
AutoBay Project Procedure.
Search :
- AutoBay Dapp and websites allow you to search for the car you want, add filters to customize your search for brands, models, years, distance and distance so you can adjust to find the results of cars, motorbikes or trucks within a 20 mile radius.
Visit :
- After you find the car you are interested in, by clicking “I’m interested” you get the seller’s address and profile and the seller gets 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.
Cash payment :
- Once you see the car and you decide to buy it, do not need cash! AutoBay allows you to provide advanced payments or pay directly with AutoBay (ABX), Bitcoin (BTC) or Ethereum (ETH) tokens without the need for cash payments, making AutoBay the easiest and safest way to buy a car.
Benefits to be gained :
- The seller will have a larger audience to show off his vehicle.
- Buyers will have a larger vehicle display over local or regional Auctions.
- Buyers will be able to make payments through cryptocurrency at a very low cost.
- Buyers will be able to purchase cryptocurrency before Pre-Sales – General Sale
- AutoBay tokens at a discounted price to pay for the next vehicle at a higher price.
Why AutoBay?
Secure Payment :
- Secure & Secure Payment & Transactions between parties.
Low cost :
- Secure & Secure Payment & Transactions between parties. Low cost with ABX, BTC, and ETH.
Weakness :
- Token is used as payment for the purchase of vehicles and car listings on our trading platform.
Gift :
- Promotions, discounts, and rewards will be given to users who pay with ABX through other cryptocurrencies.
User Verification :
- User verification through social media, cellphone numbers.
Better experience for all Users :
- 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.
Don’t Transaction :
- Blockchain ensures a solid registry for every transaction detail.
Token Information.
- Name = AUTOBAY.
- Heart = ABX.
- Hard Cap = $ 24,000,000
- Token Type = ERC20
- Price of ICO = ETH 0,0001
- Token emissions = 945,000,000 ABX.
- Receiving Payment = BITCOIN (BTC), ETHEREUM (ETH).
Bonus :
- Until May 08, 47%.
- May 09 – June 08, 37%.
- June 26 – July 09, 27%.
- 10 – 23 July, 17%.
- July 24 – August 6, 7%.
- Token for sale = 510.300.000
Investment Info :
- Min. investment = 200 USD.
- Accept = ETH, BTC.
- Distributed in ICO = 54%.
- Soft cap = 1,000,000 USD.
- Hard cap = 24,000,000 USD.
For more information about ICO and Token, you can directly see through the links below :
Roadmap.
Q1, 2017.
- Product concept developed. Company established, Assembled Team.
Q2, 2017.
- Website and Dapp designed.
Q3, 2017.
- Counselors join the team. Beta Site Autobay develops MVP.
Q4, 2017.
- AutoBay ABX token is created.
- Tokensale website developed.
Q1, 2018.
- AutoBay is promoted on websites and Social Networks.
Q2, 2017.
- Initial Launch & Crowdsale.
- Reward Auction provided.
Q3, 2018.
- Decentralized Platform and Dapp Beta Experiments. Marketing campaign for platforms.
Q4, 2018.
- Website Launch & AutoBay Dapp.
2019, Q1 Marketing Campaign for AutoBay Auctions.
Q2, 2019.
- The launch of the Auction platform.
Q3, 2019.
- Offering 3 Official Car Shop manufacturers in the platform to test for 4 months.
2014 Q4 Marketing Campaign for 3 Official Stores.
Q1, 2020.
- Launched 3 Official Stores on beta testing for 4 months.
Q2, 2020.
- Offering another car results in the possibility of opening an Authorized Shop.
Q4, 2020.
- Launch Authorized Shop for Car Manufacturers on platform.
Q2020 Marketing Campaign for Official Stores.
You can also see the Video below to get all information about the work procedures of this AutoBay Project :
Team.
Advisory Team.
To get the latest development information from AutoBay Project, you can directly see through 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
BOUNTY THREAD : https://bitcointalk.org/index.php?topic=4686641
THREAD JST : https://bitcointalk.org/index.php?topic=3327461
Author by : Gen-8
My ETH :Â 0xE50C1F5F6b3E6A33A70ecfF6A0085E4C90446017
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