Friday, August 3, 2018

AUTOBAY-Buy your first car with bitcoin



In a fast paced and rapidly changing world of cryptocurrency, it is important for cryptocurrency owners, investors, analyst and everyone in the cryptocurrency space to be kept abreast of current trends, innovations and analysis. Absolute control over information is an herculean task if not nearly impossible, there is increased risk of harsh user experience in the world of cryptocurrency and a rapidly advancing technology such as blockchain.
In a world of hackers, fraudsters and individuals who seek to take advantage of other people’s naivety, it is important to have access to tools, data, analysis and information to keep one up to date of current event happening in the everyday crypto space. Information is power, with the right tools, you are indomitable. But gathering these information from various sources proved to be a time sapping and effort consuming task. A perfect solution would be to have an ecosystem which provides these tools to everyone ranging from investors to cryptocurrency experts or people who are newly venturing into the crypto world in one giant platform and this is where Autobay comes in.


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are sold worldwide and only in the US more than 100,000 used cars are sold every day, through a cash-based process that is obsolete.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). 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.
PROBLEMS
When buying used cars from private sellers, people are also forced to go to unknown places where determining unknown sellers that they have the cars they want, and doing cash transactions in very uncomfortable situations. Risks such as loss of money, robbery, fake payment and lost time are part of the risk of cash payment. In the last 100 years is the process of purchasing vehicles of the same parts and is outdated and unsafe.
SOLUTION AUTOBAY PROVIDES
Autobay is a patented e-commerce platform that allows users to view their products online, so buyers can buy cryptocurrency vehicles as a method of payment. Theautobay creates a car buying experience that is much easier and safer, 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, if someone finds the car they want, either new or used, just click on the button that appears in the publication that says I’m interested, which means they are ready to visit the place, where the vehicle to assess the car. By pressing the buttons I’m interested in, both parties, the seller and the buyer receive shared profile information.
The third step, and especially if people agree to buy a vehicle does not need cash, the only buyer to do is open the Autobay Application Decentralization on their mobile device, go to “I’m interested”, where a list of all prospective cars , he then searches the post at certain cars that he wants to buy, and through a wallet embedded in Dapp, he can make a deposit for an extended or full payment, choose the cryptocurrency he wants to pay and through “buy” he manages the Smart contract at Ethereum Blockchain, which 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 CASHLESS
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 IS UNIQUE AND SHOULD BE CONSIDERED
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.
TOKEN AND ICO DETAILS
Token ABX
Ethereum Platform
Type ERC20
Price at ICO 1 ABX = 0.0001 ETH
Private sale is live. You can get tokens here: https://www.autobay.io/buying-autobay-abx-tokens and also get whitelisted here: https://www.autobay.io/registration
Receive ETH, BTC
Distributed in ICO 54%
Soft cap 1,000,000 USD
Hard cap 24 million USD

ROADMAP AND DEVELOPMENT PERSPECTIVE

TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.


AUTOBAY PARTNERS

Autobay will allow users that cannot afford to pay for a vehicle to access financing through within the same plaform, allowing a transparent and fair financing plan for any Autobay user around the world, providing an end to end solution. Be a part of this tremendous project and follow these links for more information;
Author : Maniecool
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1692995

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