About AutoBay

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

Autobay will allow user reviews to create the 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 see statistics on each vehicle posted and a list of potential buyers who are interested.

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

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 the dealer which involves stressful and unsafe processes. When buying a used car, we realize that the entire industry is based on cash sales policies only, 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 car they want and make cash transactions in very uncomfortable situations. Risks such as loss of money, robbery, payment with false records and time lost are part of the risk involved in cash payments. Over the past 100 years, the process of purchasing vehicles has become the same part, and is outdated and unsafe.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 that everyone can see them online, enabling users from all over the world to buy vehicles using cryptocurrency as a payment method. Theautobay creates a much simpler and safer experience when buying a vehicle, allowing people to buy cars with just 3 easy and safe steps.

The first step, the person must find the car they want, using filters that shorten their search for brand, model, year, millage, price range and specific location (radius in 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 am interested, which means that they are willing to visit the location where the vehicle is, 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 someone agrees to buy a vehicle does not need cash payments, the only thing the buyer has to do is open the Decentralized Autobay application on their mobile device, enter the "I am interested" menu, where lists all cars interested in buyers, he then looks for a post in the particular car he wants to buy, and through the wallet pinned on Dapp, he can make advanced deposits or full payment, choose cryptocurrency he wants to pay and press the "Buy" button, he creates an Smart Contract in Ethereum Blockchain that pays cars.

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

Benefits that can be obtained:

The seller will have a larger audience to show off his vehicle.
The buyer will have a vehicle display that is larger than the local or regional auction.
Buyers will be able to make payments via cryptocurrency at a very low cost.
Buyers will be able to buy cryptocurrency before Pre-Sales - General Sales of Autobay tokens at discounted prices to pay for the next vehicle at a higher price.

Autobay will exclusively receive Cryptocurrency (BTC, ETH, and ABX) as payment methods, no FIAT currency will be accepted. Cryptocurrency will also be used to pay for vehicle publications by users and as a payment method for companies to advertise their brands in on-site advertising banners. Paying with ABX will offer users and the best discount companies Bitcoin (BTC) and Ethereum (ETH) that benefit users because they have more competitive prices and create a higher utility for ABX Tokens.

AutoBay lets you buy vehicles with 3 easy steps:

Search

The Autobay Dapp and website allows you to search for the car you want, add filters to customize your search for brands, models, years, miles and distances so you can adjust to find the results of cars, motorbikes or trucks within a 20 mile radius.

Visit

After you find the car you are interested in, by clicking "I'm interested" you get the seller's address and profile and the seller gets your profile information, so he knows in advance who will visit the car. This helps dealers manage and understand the requests of each of their vehicles.

Payment without money

After you see the car and you decide to buy it, there is no need for cash, Autobay allows you to pay further payments or pay directly with Autoray Tokens (ABX), Bitcoin (BTC) or Ethereum (ETH) without the need for cash payments, making Autobay the safest way to buy a car.

Why is Autoy?

SECURE PAYMENT
Secure secure payments and transactions between parties.

LOW COST
low with ABX, BTC, and ETH

UTILITY
Tokens are used as payments for the purchase of vehicles and car posts on e-commerce platforms

GIFT
Promotions, discounts and prizes will be given to users who pay with ABX through other crypto currencies.

USER VERIFICATION
User verification through social media, telephone numbers, user reviews, etc.

BETTER USER EXPERIENCES
Stress free because it does not require cash payments, easy transactions and simple REVIEW

USER
Users will be reviewed to make the community better and fairer

SAFE TRANSACTION
Blockchain ensures a solid registry for every transaction detail.

Token Information

Token Info

ABX Token
Ethereum platform
Enter ERC20
Prices at ICO 1 ABX = 0,0001 ETH
BONUS
Until May 08 47%
May 09 - June 08 37%
June 26 - July 09 27%
10 - 23 July 17%
July 24 - August 6 7%
Tokens sold 510.3 million
Investment info
Min. 200 USD investment
Accept ETH, BTC
54% distributed in ICO
Soft cap 1,000,000 USD
Hard stamp of 24 million USD

Road map

Autobay Team and Success Advisor

Conclusion

Cryptocurrency like Bitcoin has solved many payment and cash transfer problems. ICO happens every day to solve some big problems and AutoBay is one of the most promising businesses because it touches the car market with a value of more than $ 3 trillion, with a unique and revolutionary idea of ​​selling and buying cars with cryptocurrency.

For more information, visit the link below:

Website: https://www.autobay.io /
White book: 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
By: asukedf12
BTT: https://bitcointalk.org/index.php?action=profile;u=2314053