About AutoBay Project.
AutoBay lets you buy, sell, and sell new and used cars from private vendors and dealers from around the world in the biggest neighborhood of Blockchain e-commerce. You will be able to pay with cryptocurrency for your desired car with a low transaction rate and with a secure free cash payment process.
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.
AutoBay is the first e-commerce platform based on Ethereum Blockchain.
which 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 processes that rely on obsolete money.
Vision of AutoBay Project.
Creating real value for Cryptocurrency enables them to act as a financial asset to buy goods (vehicles in this case) while solving the everyday problems of the auto industry, creating a much safer, simpler and safer process to buy vehicles.
Main Purpose of AutoBay Project.
Creating legitimacy to cryptocurrency markets by enabling the use of Bitcoin (BTC), Ethereum (ETH) and Autobay Tokens (ABX) as financial assets to acquire goods (cars, trucks and motorcycles).
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, which you can see below :
The first step :
The person must find the car they want, using a filter that shortens their search for brands, models, year, millage, price range and location, (radius within km).
Step Two :
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 pushing the button I am interested, both parties, the seller, and the buyer each receive their own profile information.
Third step :
And most importantly, when people agree to buy a vehicle, no cash payment is required, the only thing a buyer should do is open a decentralized Autobay app on their mobile device, go to the “I’m interested” menu, where a list of all cars interested in buyers, he then searches for a post on a particular car he wants to buy, and through a wallet embedded in Dapp he can make an advanced deposit or full payment, select the cryptocurrency he wants to pay and by pressing the “Buy” button he makes a Smart Contract in Ethereum Blockchain that pays the car.
AutoBay Project Procedure.
AutoBay Dapp and websites allow you to search for the car you want, add filters to customize your search ie for brands, models, year, mileage and distance so you can customize to find car, motorcycle or truck results within a 20 mile radius.
Once you find the car you’re interested in, by clicking “I’m interested” you get a seller’s address and profiles and sellers get your profile information, so he knows first 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.
Cash 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.
Four 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 the next vehicle at a higher price.
Safe Payments :
Safe & Secure Payment & Transactions between parties.
Low cost :
Safe & Secure Payment & Transactions between parties. Low cost with ABX, BTC, and ETH.
Token is used as payment for the purchase of vehicles and car listings on our trading platform.
Promotions, discounts, and rewards will be given to users who pay with ABX through other cryptocurrencies.
User Verification :
Verify users via social media, mobile numbers.
Better experience for all 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 of ICO = ETH 0,0001
Token Emissions = 945,000,000 ABX.
Receiving Payment = BITCOIN (BTC), ETHEREUM (ETH).
Until May 08, 47%.
May 09 – June 08, 37%.
June 26 – July 09, 27%.
10 – 23 July, 17%.
July 24 – August 6, 7%.
Token for sale = 510.300.000
Investment Info :
Min. investment = 200 USD.
Accept = ETH, BTC.
Distributed in ICO = 54%.
Soft cap = 1,000,000 USD.
Hard cap = 24,000,000 USD.
To get the latest development information from AutoBay project, you can directly browse the link below :
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
THREAD JST : https://bitcointalk.org/index.php?topic=3327461
Author : mampham
BTT profile; https://bitcointalk.org/index.php?action=profile;u=1234556