Autobay – 2ND ROUND

Autobay is the first Ethereum e-commerce blockchain platform that allows users to sell, buy, and sell cars using cryptocurrency as a method of payment. Autobay will be a worldwide environment aimed at creating market legitimacy using Bitcoin (BTC), Ethereum (ETH) and Token Autobay (ABX) as a financial asset to buy goods.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.

Cryptocurrency such as Bitcoin or Altcoin seems good to be a worldwide exchange tool. Yes, forget about certain real currencies that are only available in certain countries. Along with the development of Internet technology, every transaction can be done globally by using it. Interestingly, not only is it more flexible to shop or buy something, it seems you should use Cryptocurrency in a smarter way. One of them is using it as an object of trade and investment. So, how is it?

Of course, first of all, you have to join the Cryptocurrency site platform that allows you to do funding activities like trade and investment. This is very difficult, especially crimes like fraud which are quite common today. In the meantime, there are many sites out there that offer such facilities without you possibly knowing whether it is legitimate or not. for this, it is recommended that you use AutoBay. This is a type of Cryptocurrency platform with simple requirements, easy access, and lots of great features. This is even more interesting because consultations and discussions are available here to support you become more successful later.

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 neighborhood 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 that lets users 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. Autobay’s vision is to create real value for cryptocurrency that enables them to act as a financial asset to buy goods (vehicles for that matter) while solving the everyday problems of the car industry, creating a much safer, simpler and safer process to buy vehicles. The main purpose of Autobay is to create legitimacy into the cryptocurrency market by enabling the use of Bitcoin (BTC),

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 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, people are forced to travel to unknown locations, 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 promote their vehicles so everyone can view them online, enabling users from around the world to buy a vehicle using cryptocurrency as a payment method. Theautobay 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 car they want, using a filter that shortens their search for brand, model, year, millage, price range and specific location (radius within 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’m interested, which means that 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 receive each other’s 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 the 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.Autobay will also allow Auctions at any given time. Auctions will not be a regular feature that will be present on the platform every day, but as happens in Auto shows around the world, they will be a special event every time period depending on the country, (ie once a month, after everyone from all over the world will have the opportunity to buy a car at auction directly and the offer will only be made in crypto currency.

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 of Autobay tokens at a discounted price to pay for the next vehicle at a higher price.Autobay will exclusively receive Cryptocurrency (BTC, ETH, and ABX) as a payment method, no FIAT currency will be accepted. Cryptocurrency will also be used to pay for vehicle publications by users and as a method of payment for companies to advertise their brands in in-place ad banners. Paying with ABX will offer users and companies the best discounts Bitcoin (BTC) and Ethereum (ETH) that benefit users because it has a more competitive price and creates a higher utility for ABX Token.

AutoBay lets you buy a vehicle with 3 easy steps:

Search

The Autobay Dapp and website allow you to search for the car you want, add filters to customize your search ie for brands, models, year, milage 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 the seller get your profile information, so he knows in advance who will visit the car. This helps dealers manage and understand the demand of each of their vehicles.

Payout Without Money

Once you see the car and you decide to buy it, do not need cash, Autobay lets you pay more payments or pay directly with Autoray Token (ABX), Bitcoin (BTC) or Ethereum (ETH) without the need for cash payment, to buy a car.