Autobay
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.
In very nearly 20 years from 1997 to 2006 the car business nearly copied its generation, from 54,000,000 units to 94,000,000 units created in one year. The car business chips away at two principle specialty unit, new and utilized vehicles. The expansion in populace around the globe that would now be able to access to purchase a vehicle, either a truckor family vehicle and those individuals that pitch their utilized autos to buy another one. This two gatherings joined make an industry of over$ 3 Trillion (US Dollars) a year. To set a case the utilized auto industry in China, which is the biggest car market on the planet has expanded by 10X in the course of the most recent 10 years, coming to a $94 Billon dollar in 2016 and just in the United States in 2017 more than 37 Million utilized autos were sold.
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).
The cryptocurrency market has, all alone, seen an incredible increment in its mrket top in the vicinity of 2016 and 2017 and then again since December 2017 an expansive fluctuationon their qualities which makes vulnerability to speculators and organizations who wish to help grow a steady cryptocurrency condition. The primary purpose behind such precarious result is given the way that a lot of digital forms of money have no characteristic esteem instead of the way that there is a constrained supply of such cryptographic forms of money and an extraordinary request made through its curiosity factor, and an extensive level of them offer essentially the same, go about as an installment strategy with few or none qualification between each other.
The 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.
The 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. 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).
Stage two, when a man finds the auto they need, either new or utilized, they simply click in catch that shows up in the distribution that says I’m intrigued, involving that they are willingto visit the area where the vehicle is, in orderto survey the auto. By squeezing the I’m intrigued catch, the two gatherings, vender and purchaser get each other’s profile data. Along these lines one of the components making vulnerability is weakened given the dealer knows who is offering the auto and can see past audits of different clients who have purchased from him previously and private merchants know who to let into their homes.
Stage three, and most vital, when the individual has consented to buy the vehicle there is no requirement for money installments, the main thing the purchaser needs to do isopen the Autobay Decentralized application on their cell phone, enter the “I’m intrigued” menu, where a posting of the considerable number of autos the purchaser was intrigued.
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 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.
Indeed, Autobay will energize a development in the crypto group as It will open the cryptocurrency condition to individuals with next to zero involvement, It will permit individuals from everywhere throughout the world experience the straightforwardness of this sort of installment by giving them an inserted wallet.
Enabling anybody to procure digital currencies without the long procedure of opening a record in trades and cryptocurrency specialists, Enabling individuals to get cryptocurrency without the charges taken by dealers (between 0.5 – 2%) Make a genuine incentive for Bitcoin, Ethereum and Autobay Tokens, as their esteem will be upheld by available products hence making a genuine interest for them.
Autobay will have a scope of potential outcomes for its clients, the first being offering and purchasing autos as specified previously, from private proprietors or dealerships. The favorable position dealerships will have when promoting their autos in the Autobay stage is that they will have the apparatuses to sort out and break down their own particular market. For example, given the “I’m intrigued” catch will share the profile data between parties, dealerships will have a reasonable comprehension of the request every last one of their vehicles have, enabling them to adjust costs, make advancements or marketing designs with a specific end goal to build their deals and as a result advantage the purchaser.
Why Autobay
SAFE PAYMENT
- Safe secure payment and transactions between parties.
LOW FEES
- Low fees paying with ABX, BTC and ETH
UTILITY
- Token used as a payment for purchasing vehicles and car posting in e-commerce platform
REWARDS
- Promotions, discounts and rewards will be awarded to users paying with ABX over other cryptocurrency.
USER VERIFICATION
- User verification through social media, mobile number, user reviews, etc
BETTER USER EXPERIENCE
- Stress free experience as no cash payment is required, easy and simple transactions
USER REVIEWS
- Users will be reviewed creating a better and fair community
SECURE TRANSACTION
- The blockchain ensures a solid registry for every detail of the transactions.
Token info
Token ABX
Platform Ethereum
Type ERC20
Price in ICO 1 ABX = 0.0001 ETH
Platform Ethereum
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%
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%
Accepting ETH, BTC
Distributed in ICO 54%
Soft cap 1,000,000 USD
Hard cap 24,000,000 USD
Hard cap 24,000,000 USD
Roadmap
Q1 2017
Product concept developed. Company founded, Team Assembled.
Product concept developed. Company founded, Team Assembled.
Q2 2017
Website and Dapp designed.
Website and Dapp designed.
Q3 2017
Advisors join the team. Beta Autobay Website developed MVP.
Advisors join the team. Beta Autobay Website developed MVP.
Q4 2017
Autobay ABX Token created.
Tokensale website developed.
Autobay ABX Token created.
Tokensale website developed.
Q1 2018
Autobay promoted in websites and Social Networks.
Autobay promoted in websites and Social Networks.
Q2 2017
Pre Sale & Crowdsale launch.
Reward Auction granted.
Pre Sale & Crowdsale launch.
Reward Auction granted.
Q3 2018
Decentralized platform and Dapp Beta Trial. Marketing campaign for the platform.
Decentralized platform and Dapp Beta Trial. Marketing campaign for the platform.
Q4 2018
Autobay website & Dapp Platform Launch.
Autobay website & Dapp Platform Launch.
Q1 2019
Marketing campaign for Autobay Auction.
Marketing campaign for Autobay Auction.
Q2 2019
Launch of Auction platform.
Launch of Auction platform.
Q3 2019
Offering 3 Car manufacturers an Official Store inside the platform to test for a period of 4 months.
Offering 3 Car manufacturers an Official Store inside the platform to test for a period of 4 months.
Q4 2019
Marketing Campaign for those 3 Official Stores.
Marketing Campaign for those 3 Official Stores.
Q1 2020
Launching 3 Official Stores on a
beta testing for 4 months.
Launching 3 Official Stores on a
beta testing for 4 months.
Q2 2020
Offering other car manufactures the possibility of opening an Official Store.
Offering other car manufactures the possibility of opening an Official Store.
Q4 2020
Launching official Stores for Car Manufacturers within the platform.
Launching official Stores for Car Manufacturers within the platform.
Q3 2020
Marketing Campaign for Official Stores.
Marketing Campaign for Official Stores.
Team
Advisors
For more information, visit the link 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
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
Author : ranran pratama
Profile link : https://bitcointalk.org/index.php?action=profile;u=2044562
Eth : 0x23D05112B5EAB85099649b7d9de9b131b47AC423
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