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 car you want with low transaction rates and with 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 backend platform that will allow them, among other tools, to see statistics on each posted vehicle and the list of interested potential 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over 80,000,000 new cars are sold worldwide and only in the US over 100,000 used cars are sold every day, through an outdated, cash depending process.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 problem of the car industry, creating a much safer, simpler and secure process to purchase vehicles. Autobay’s main objective is to create legitimacy to the cryptocurrency market by allowing the use of Bitcoins (BTC), Ethereum (ETH) and Autobay Tokens (ABX) as financial assets to acquire goods (cars, trucks and motorcycles).
Problems
When purchasing a new vehicle almost everyone at some point must bring FIAT currency in cash, either 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, people are forced to travel to unknown locations, 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 Over the past 100 years, the process of purchasing vehicles has been the same part, and it’s outdated and unsafe.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 promote their vehicles so everyone can see them online, allowing users from all over the world to purchase the vehicle using cryptocurrency as a payment method. The autobay creates a much 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 car they want, using a filter that shortens 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’m interested, which 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 the 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 who is interested in the buyer, he then searches for a post in a particular 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 by pressing the “Buy” button he creates the Intelligent Contract in Ethereum Blockchain paying for cars.
HOW AUTOBAY WORK
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 car you want with low transaction rates and with 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 backend platform that will allow them, among other tools, to see statistics on each posted vehicle and the list of interested potential 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 depending 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 problem of the car industry, creating a much safer, simpler and secure process to purchase vehicles. Autobay’s main objective is to create legitimacy to the cryptocurrency market by allowing the use of Bitcoins (BTC), Ethereum (ETH) and Autobay Tokens (ABX) as financial assets to acquire goods (cars, trucks and motorcycles).
Problems
When purchasing a new vehicle almost everyone at some point must bring FIAT currency in cash, either 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, people are forced to travel to unknown locations, 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 promote their vehicles so everyone can see them online, allowing users from all over the world to purchase the vehicle using cryptocurrency as a payment method. The autobay creates a much 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 car they want, using a filter that shortens 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’m interested, which 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 the 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 who is interested in the buyer, he then searches for a post in a particular 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 by pressing the “Buy” button he creates the Intelligent Contract in Ethereum Blockchain paying for cars.
HOW AUTOBAY WORK
- SEARCH: The Autobay Dapp and website allows you to search for the car you want, add filters to customize your search i.e for brand, model, year, mileage and distance so you can customize to find car, motorcycle or truck results within 20 miles radius.
- VISIT: 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
- CASHLESS 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.
Example picture below
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 buy cryptocurrency either before Pre-Sale – General Sale of Autobay token at a discounted price to pay for the vehicle at a later date at a higher price.
WHY SHOULD AUTOBAY?
- SAFE PAYMENT: Secure & secure payments & transactions between parties
- LOW COST: Secure & secure payments & transactions between parties,Low-cost pay with ABX, BTC, and ETH
- WEAKNESSES: Token is used as a payment for the purchase of vehicles and car listings on the our-commerce platform
- GIFT: Promotions, discounts, and prizes will be awarded to users who pay with ABX through other cryptocurrencies
- VERIFY USER: Verify users via social media, mobile numbers
- BETTER EXPERIENCE OF 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.
- DO NOT 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 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
Investment info
- Min. investment 200 USD
- Accepting ETH, BTC
- Distributed in ICO 54%
- Soft cap 1,000,000 USD
- Hard cap 24,000,000 USD
- Website: https://www.autobay.io/
- White paper: 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
- JST Subject: https: //bitcointalk.org/index.php? Topic = 3327461
Author: Dangdingdongbray
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1767724
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