Auto Block ICO: An Honest Review

in #ico6 years ago

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The company strives to bring cryptocurrency into the automobile industry. They have various products that facilitate vehicle purchases and valuations while utilizing blockchain applications. Ideally targeting, Insurance agencies car bazaars and cars for hire, this ICO has systems that can evaluate a car’s value. To access vehicle data in real time, you will be required dots have an existing Auto Coins balance. With the free plan, you can only run limited searches. However, once you upgrade to their premium package, you can run valuation queries on several vehicles simultaneously.

I think this will be a big hit. They are revolutionizing how people buy and sell cars. Traditionally, you were required to do your own due diligence when making auto purchases. Sadly, unscrupulous auto dealers devised ways of gaming the system and were not 100 percent transparent in their transactions. With their new system, dealers will advertise their cars for free. This will be beneficial to the dealers as they can now push volumes globally. Even though they are currently focusing on classic and vintage cars, buyers can access the vehicle's stats in real-time. This is made possible by their detailed decentralized database.

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Perhaps the biggest innovation brought by this UK based ICO is their evaluation tool. Their unique system looks promising and it provided rather accurate results under test. I would invest in their initial coin offering considering that this technology is in its infancy. Each token is reasonably priced and this ICO looks promising. Their new system compiles evaluation data based on results obtained through blockchain technology. The company is still at its pre-sale page. After they showed their proof of concepts, investors started showing interest. Auto Block backed by Ethereum. Both public and private evaluation agencies stand to benefit most from this company as they will now be able to access vehicle evaluations from anywhere and in real time https://www.theautoblock.com/

Telegram group: https://t.me/autoblockofficial

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