gelefals

Agustus 05, 2018

gelefals

Autobay is the first e-commerce platform based on Ethereum blockchain that lets users sell, buy, and auction cars using cryptocurrency as a method of payment.

Cryptocurrency like Bitcoin or Altcoin seems good to be a worldwide exchange tool. Yes, forget about certain real currencies that are only available in certain countries. Along with the development of Internet technology, any transaction can be done globally by using it. Interestingly, not only is it more flexible to shop or buy something, it seems you should use Cryptocurrency in a smarter way. One of them is to use it as an object of trade and investment. So, how is it?

Of course, first of all, you have to join the Cryptocurrency site platform that allows you to do funding activities like trade and investment. It is very difficult, especially crimes such as fraud are quite common today. In the meantime, there are many sites out there that offer such facilities without you possibly knowing if it is valid or not. for this, it is recommended that you use AutoBay. This is a type of Cryptocurrency platform with simple requirements, easy access, and lots of great features. This is even more interesting as consultations and discussions are available here to support you become more successful later.

Introduction

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

About AutoBay

Autobay lets you buy, sell, and auction new and used cars from personal vendors and dealers from around the world in the largest neighborhood of e-commerce blockchain. You will be able to pay with cryptocurrency for your desired car with a low transaction rate and with a free cash payment process security.

Autobay will allow user reviews to create an 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 view stats on every vehicle posted and a list of interested potential buyers.

Autobay is the first e-commerce platform based on Ethereum blockchain that allows users to sell, buy, and auction vehicles using cryptocurrency as a method of payment. 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 an obsolete money-dependent process. Autobay's vision is to create real value for cryptocurrency that enables them to act as a financial asset to buy goods (vehicles in this case) while solving everyday problems of the car industry, creating a much safer, simpler and safer process to buy vehicles. Autobay's main goal is to create legitimacy into the cryptocurrency market by enabling the use of Bitcoin (BTC), Ethereum (ETH) and Autobay Tokens (ABX) as financial assets to acquire goods (cars, trucks and motorcycles).

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 a dealer that involves a stressful and insecure process. When buying used cars, we realize that the entire industry is based on cash sales policies alone, 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 like losing money, being robbed, payments with fake records 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 is outdated and unsafe. process.

Solution

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. Theautobay 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 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.

Autobay will also allow Auctions at any given time. Auctions will not be a regular feature that will be present on the platform every day, but as happens in Auto shows worldwide, they will be a special event every time period depending on country, (ie once a month, after everyone from all over the world will have the opportunity to buy a car at auction directly and the offer will only be made in crypto currency.

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 a later vehicle at a higher price.

Autobay will exclusively receive Cryptocurrency (BTC, ETH, and ABX) as a payment method, no FIAT currency will be accepted. Cryptocurrency will also be used to pay for vehicle publications by users and as a method of payment for companies to advertise their brand on in-site ad banners. Paying with ABX will offer users and top discount companies Bitcoin (BTC) and Ethereum (ETH) that benefit users because it has a more competitive price and creates a higher utility for ABX Token.

AutoBay lets you buy a vehicle with 3 easy steps:

Search

The Autobay Dapp and website allow you to search for the car you want, add filters to customize your search ie for brands, models, year, milage 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. This helps dealers get organized and understand the demand of each of their vehicles.

Payout Without Money

Once you see the car and you decide to buy it, do not need cash, Autobay lets you pay a further payment or pay directly with Autoray Token (ABX), Bitcoin (BTC) or Ethereum (ETH) without the need for cash payment, making Autobay the 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 crypto currencies.

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.

Info Token

Token ABX

Ethereum Platform

Type ERC20

Price at ICO 1 ABX = 0.0001 ETH

BONUS

Until May 08 47%

May 09 - June 08 37%

26 June - 09 July 27%

10 - 23 July 17%

July 24 - August 6 7%

Token sold 510.3 million

Investment info

Min. investment 200 USD

Receive ETH, BTC

Distributed in ICO 54%

Soft cap 1,000,000 USD

Hard cap 24 million USD

Conclusion

Cryptocurrency such as Bitcoin has solved many payment and cash transfer problems. ICO happens daily to solve some major problems and AutoBay is one of the most promising ventures because it touches the car market with a value of over $ 3 trillion, with a unique and revolutionary idea of selling and buying a car with cryptocurrency.