AUTOBAY- REVIEW

in #bitcoin6 years ago


Welcome to the AUTOBAY platform. 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).

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 view stats on every vehicle posted and a list of interested potential buyers. For those of you who are interested in joining us follow this information: https://www.autobay.io/

BENEFITS

  1. Buyers will be able to purchase cryptocurrency before Pre-Sales - General Sale Autobay tokens at a discounted price topay for a later vehicle at a higher price.
  2. The seller will have a larger audience to show off his vehicle.
  3. Buyers will have a larger vehicle display over local or regional Auctions.
  4. Buyers will be able to make payments through cryptocurrency at a very low cost.

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.

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 last 100 years, the process of purchasing vehicles has been the same part, and the process is outdated and unsafe.

SOLUTION
Autobay is a patented e-commerce platform that allows users to publish their products online using cryptocurrency as a method of payment. 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.

HOW IT WORKS
AutoBay lets you buy vehicles in 3 easy steps.

  1. SEARCH
    The Autobay Dapp and website allows you to search for the car you want, add filters to customize your search ie for brand, model, year, mileage and distance so you can customize to find car, motorcycle or truck results within 20 miles radius.
  2. VISITING
    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.
  3. 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.

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

ROADMAP
Q1 2017
Product concept developed. Company founded, Team Assembled.
Q2 2017
Website and Dapp designed.
Q3 2017
Advisors join the team. Beta Autobay Website developed MVP.
Q4 2017
Autobay ABX Token created.
Tokensale website developed.
Q1 2018
Autobay promoted in websites and Social Networks.
Q2 2017
Pre Sale & Crowdsale launch.
Reward Auction granted.
Q3 2018
Decentralized platform and Dapp Beta Trial. Marketing campaign for the platform.
Q4 2018
Autobay website & Dapp Platform Launch.
Q1 2019
Marketing campaign for Autobay Auction.
Q2 2019
Launch of Auction platform.
Q3 2019
Offering 3 Car manufacturers an Official Store within the platform to test for a period of 4 months.
Q4 2019
Marketing Campaign for those 3 Official Stores.
Q1 2020
Launching 3 Official Stores on a
beta testing for 4 months.
Q2 2020
Offering other car manufactures the possibility of opening an Official Store.
Q4 2020
Launching official Stores for Car Manufacturers within the platform.
Q3 2020
Marketing Campaign for Official Stores

TEAM AND ADVISORY


SUMMARY
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.

For more information about this great project kindly click on the links 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
ANN Thread: https://bitcointalk.org/index.php?topic=3327461
AUTHORED BY:
Bitcointalk Username: Kcokoo2
https://bitcointalk.org/index.php?action=profile;u=2270442
Eth Address: 0xE9a3c6d8e79901243e5D1ADEC46d11F27E4E61d9

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