Autobay – First Decentralized E-commerce Platform

PRESENTATION

A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Autobay, 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 has arrived.

Before I take you on this voyage, please check out this video presentation

What exactly is Autobay?

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are sold worldwide and only in the US more than 100,000 used cars are sold every day, through a cash-based process that is obsolete.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.

Furthermore, Autobay will allow users that cannot afford to pay for a vehicle to access financing through within the same platform, allowing a transparent and fair financing plan for any Autobay user around the world, providing an end to end solution.

THE 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.

THE SOLUTION AUTOBAY OFFERS

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 IT 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 YOU SHOULD JOIN THE AUTOBAY PROJECT

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 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

BONUS

Until 08 May 47%
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%
Soft cap 1,000,000 USD
Hard cap 24,000,000 USD

ROADMAP AND DEVELOPMENT PERSPECTIVE

Q1 2017
Product concept developed. Company founded, Team Assembled.
Q2 2017
Website and Dapp designed.
Q3 2017
Advisors join the team. Beta Autobay Website developed MVP.
Q4 2017
Autobay ABX Token created.
Tokensale website developed.
Q1 2018
Autobay promoted in websites and Social Networks.
Q2 2017
Pre Sale & Crowdsale launch.
Reward Auction granted.
Q3 2018
Decentralized platform and Dapp Beta Trial. Marketing campaign for the platform.
Q4 2018
Autobay website & Dapp Platform Launch.
Q1 2019
Marketing campaign for Autobay Auction.
Q2 2019
Launch of Auction platform.
Q3 2019
Offering 3 Car manufacturers an Official Store within the platform to test for a period of 4 months.
Q4 2019
Marketing Campaign for those 3 Official Stores.
Q1 2020
Launching 3 Official Stores on a
beta testing for 4 months.
Q2 2020
Offering other car manufactures the possibility of opening an Official Store.
Q4 2020
Launching official Stores for Car Manufacturers within the platform.
Q3 2020
Marketing Campaign for Official Stores.