Peaceful greetings of the universe, this time I will discuss about ICO or project AUTOBAY, thanks for taking time to read this article.
Autobay is the first e-commerce platform based on Ethereum block chain, which allows users to sell, purchase and auction cars using encryption as payment method. Theobox aims to establish legitimacy to the encryption market by allowing Bitcoin (BTC), Ethereum (ETH), Autobay Tokens (ABX) to acquire goods as financial assets, It will be the world’s largest automotive environment.
In the 20 years from 1997 to 2006, the automobile industry has almost completely copied generations from 54 million units to 94 million units per year. The activity of the car destroyed two main special units, new car and used car.
Expansion of the population all over the world can now access the purchase of passenger cars, truckers, or family cars, and access to people launching used cars to purchase others. These two meetings have raised over $ 3 trillion in annual funding.
To achieve this, the automobile industry used in China, the largest automotive market on the planet, has increased tenfold in the past decade, reached 94 billion dollars in 2016 and 37 million in the United States Used cars sold
Motorcycles are safe, simple and safe. He is looking for a specific car post he is trying to purchase, he is driving or being completely divided and is paying to the car, via a wallet inserted in the app, an elegance block Chain’s smart contract.
Autobay acquires the direct acquisition procedure because each exchange is set as a box of the block chain. Ethereum make Record the evidence of the owner and record the majority of the information from the exchanges, the car highlights future buyers can monitor the history of the car, protect the process, make it safe and peaceful Please be careful.
- The seller will have a big audience to show off his car.
- The buyer will make a larger vehicle display than the local or regional auction.
- Buyers can make payments through cryptic infringement at a very low cost.
- Purchasers can purchase pre-sales – general sale motorcycle tokens at a discounted price and pay later vehicles at higher prices.
Autobay receives Cryptocurrency (BTC, ETH, ABX) exclusively as a payment method, but FIAT currency is not accepted. Cryptocurrency is also used as a payment method for users to pay vehicle publications and for companies to advertise their brands to the site’s advertisement banner.
Payment by ABX provides Bitcoin (BTC) and Ethereum (ETH) that will bring users and benefits to create more competitive prices and higher utilities for ABX tokens. Problem When purchasing a new vehicle, almost everyone needs to bring the FIAT currency with cash, from the bank, or from the house to the dealer, accompanied by stressful and unsteady processes.
When purchasing used cars, the industry as a whole is based only on cash sales policy, increasing the uncertainty during the process. In addition, when purchasing a used car from a private seller, it is forced to travel to an unknown place, claiming that an unknown seller possesses the car he desires and cash transactions in a very uncomfortable situation It is.
Risks such as loss of money, theft, fraudulent payment, loss of time are part of the risks associated with cash payments. Over the past 100 years, the automobile purchasing process is the same part, old and unsafe. process.
Solution Autobay allows everyone to buy a car using cryptocurrency as a way of paying by users from all over the world and let the users promote their car so that you can see it online It is a patented e-commerce platform that enables it. Theautobay creates a much easier and safer experience when buying a car and allows people to purchase cars in three easy and safe steps.
The first step is that people need to find the car they want, using filters to shorten their search for brand, model, year, millage, price range or specific location (in kilometers, radius) there is.
In the second step, when someone finds the car they want, whether they are new or to use, they simply say that I will visit the place where the vehicle is located to evaluate the car Please click the button displayed in the publication which said that it is pleased and said that it was interested. By pressing a button I am interested in, the parties, seller and buyer will receive profile information of each other.
People are the third step when they agree to purchase vehicles that do not need cash payment, the most important being the only thing to do purchasers is the application on their mobile device Opening the Autobay distribution and entering the menu “I am interested”, a list of all the cars of interest, interested buyer, he then asked for a post in the particular car he wanted to buy, and DAPP Through a wallet embedded in, he could make a deposit for advanced or full payment, select cryptocurrency he wanted to pay “push” as push, he created a contract Paying a car Smart with eiterium block chain.
In motorcycles, auctions are always available. Auction is not a normal function that exists in daily platform, but as in the case of automatic exhibition all over the world, they are divided by the country at regular time intervals (ie once every month, everyone from all over the world will There will be a special event after buying a car directly at the auction, the offer will be made only in the encryption currency
Secured payment and transaction between parties.
Low cost Low cost with
ABX, BTC, ETH.
is used as payment for vehicle purchase and car postings on e-commerce platform.
promotions, discounts, and prizes will be awarded to users who pay at ABX by other crypto cleaners.
social media, phone number, such as through user reviews to make sure the user
experience richer experience than the
cash payment is not required, since it is simple and easy transaction, available without stress. User Confirmation Users will be reviewed to create a better fair community. Safe trading Blockchain is, to ensure a reliable registry details of all transactions. Sales token
Name token information: Autobay
Token type: ERC 20Emission token: 945 millionHard cap: US $ 24 millionToken Price: ETH 0, 000
42% OPIN COMPANY
30% platform development16% product implementation
During advance and Crowdsale, only Bitcoin (BTC), Ethereum (ETH) encryption currency to purchase motorcycle tokens will be accepted. Assignment rate 40% Operating cost 38% Platform marketing 8% Law, tax, corporate cost 10% New product development 4% MISC marketing fee 44% online advertisement 20% DOOH (DIGITAL OUT OF HOME)
AUTOBAY is a good ICO program.
Think business is pretty fantastic. It attracts people regularly.Experienced and skilled cooperation is difficult to achieve.We can build the ability to achieve goals.
Finally, what I can say is the tremendous potential of this company. All-round ICO is very striking. This is a great open road to enter the ICO world.
If you know how to improve our community.
If you know how to spread information about us in this world.If you have any ideas for other improvements, it is a privilegeIf you all participate in our bounty.
More Information Visit The AUTOBAY Link:
- Website :
- Whitepaper :
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