AUTOBAY IS THE FIRST DECENTRALIZED E-COMMERCE PLATFORM TO BUY, SELL & AUCTION ANY VEHICLE WITH CRYPTOCURRENCY

About AutoBay
Autobay lets you buy, sell, and auction new and used cars from personal vendors and dealers from around the world in the largest neighborhood of e-commerce blockchain. You will be able to pay with cryptocurrency for the security of the cash free payment process.

Autobay will allow user reviews to create an 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 buyer 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are sold worldwide and only in the US more than 100,000 used cars are sold every day, through a cash-based process that is obsolete. 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. Autobay's main goal is to create market legitimacy by enabling the use of Bitcoin (BTC), Ethereum (ETH) and Autobay Tokens (ABX) as financial assets to acquire goods (cars, trucks and motorcycles).

Problem
When buying a new vehicle at least a point at some point should bring FIAT currency in cash, either from or to the bank or from their home to dealers that involve stressful and insecure processes. 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, 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 Over the past 100 years, the process of purchasing vehicles has been the same part, and is outdated and unsafe. process.

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.

The first step, the person must find the brand, model, year, millage, price range and specific location (radius within km).

The second step, when someone finds the car they want, just plain they say I'm interested, that means they are willing to visit the location where the vehicle is located, to assess the car. By pressing the button I am interested, both parties, the seller, and the buyer each receive their own profile information.

The third step, and most importantly, when someone agrees to buy a vehicle does not need a cash payment, 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 the buyer, he then searches for the post in the particular car he wants to buy, and through the wallet embedded in Dapp, he can make an advanced deposit or full payment, select the cryptocurrency he wants to pay and hit the "Buy" button, he creates the Smart Contract in Ethereum Blockchain that pays the car.

HOW AUTOBAY WORK

SEARCH
Autobay Dapp and websites allow 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 a 20 mile radius .

VISIT
Once you find the car you're interested in, by clicking "I'm interested" you get the seller's address and the profile and seller get your profile information, so he knows in advance who will be visiting the car. Sharing this transparent information helps both sides in decision making and organization. Particularly dealers will be able to evaluate the demand of each vehicle

PAYMENT CASLESS
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.

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.

                                   

Info Token

Token ABX
Ethereum Platform
Type ERC20
Price at ICO 1 ABX = 0.0001 ETH
BONUS

Until May 08 47%
May 09 - June 08 37%
26 June - 09 July 27%
10 - 23 July 17%
July 24 - August 6 7%
Token sold 510.3 million

Investment info
Min. investment 200 USD
Receive ETH, BTC
Distributed in ICO 54%
Soft cap 1,000,000 USD
Hard cap 24 million USD

 

                                                                                                     

                                              

HOW AUTOBAY WORK
SEARCH
The Autobay Dapp and website allows you to search for the car you want, add filters to customize your search i.e for brand, model, year, mileage and distance so you can customize to find car, motorcycle or truck results within 20 miles radius.

VISIT
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

CASHLESS 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.

Example picture below



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.

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
JST Thread: https://bitcointalk.org/index.php?topic=3327461


AUTHOR :
Bitcointalk username : Driean
Fropil link : https://bitcointalk.org/index.php?action=profile;u=545651