AUTOBAY: NEW AND USED CAR PLATFORM FROM PRIVATE SELLERS AND DEALERS FROM THE WHOLE WORLD IN THE BIGGEST BLOCKCHAIN E-COMMERCE SERVICE

- August 08, 2018

Introducing Autobay in the world of Cryptocurrency

Autobay lets you buy, sell, and auction new and used cars from private sellers and dealers from around the world in the largest blockchain e-commerce environment. You will be able to pay with cryptocurrency for the car you want with a low transaction rate and with a free cash payment security process. Autobay will allow user reviews to create the ideal environment for safe and secure transactions to occur, allowing 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.

Autobay is the first e-commerce platform based on blockchain

Ethereum allows users to sell, buy and auction vehicles

use 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 a process that depends on obsolete money.

Autobay Vision

To create real value for cryptocurrency that allows them to act as financial assets to buy goods (vehicles in this case) while solving the problems of the car industry everyday, creating a process that is much safer, simpler and safer to buy a vehicle.

Autobay's main objective

creating 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).

Problem

When buying a new vehicle, almost everyone at one point must carry FIAT currency in cash, either from or to the bank or from their home to the dealer, which involves a stressful and unsafe process. When buying used cars, we realize that the entire industry is only based on cash sales policies, 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, payments with false records and lost time are part of the risks involved in cash payments. Over the past 100 years, the process of purchasing vehicles has become the same part, and is outdated and unsafe. process.

Solution

Autobay is a patented e-commerce platform that allows users to promote their vehicles so that everyone can see them online, enabling users from all over the world to buy vehicles using cryptocurrency as a payment method.

3 safe steps when buying a vehicle, allowing people to buy a car.

The first step, the person must find the car they want, using filters that shorten their search for brand, model, year, millage, price range and specific location (radius within km).

The 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 am interested, which means that they are willing to visit the location where the vehicle is, 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 people agree to buy a vehicle does not need cash payments, the only thing the buyer has to do is open the Decentralized Autobay application on their mobile device, enter the "I am interested" menu, where lists all the cars interested in the buyer, he then looks for a post in the particular car he wants to buy, and through the wallet pinned on Dapp, he can make a further deposit or full payment, select the cryptocurrency he wants to pay by and by pressing the "Buy" button, he creates Smart contracts on Ethereum Blockchain that pay for cars.

Autobay will also allow Auctions at certain times.

Auctions will not be an ordinary feature that will be present on the platform every day,

but as is the case with Automatic exhibitions around the world,

they will be special events for a certain period of time

Token info

ABX Token
Ethereum platform
Type ERC20
Price in ICO 1 ABX = 0.0001 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

Investment info

Min. investment 200 USD
Accept ETH, BTC
Distributed in ICO 54%

Soft cap of 1,000,000 USD
Hard stamp of 24,000,000 USD

Team