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. Autobay's main goal is to create legitimacy into the cryptocurrency market 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 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 Over the past 100 years, the process of purchasing vehicles has been the same part, and is outdated and unsafe.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.

Benefits to be gained:

The seller will have a larger audience to show off his vehicle.
Buyers will have a larger vehicle lookout 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.

Why Autobay?

Secure payment and secure transactions between parties.
low with ABX, BTC, and ETH.
Tokens are used as payments for purchases of vehicles and car posts on the e-commerce platform.
Promotions, discounts and rewards will be given to users who pay with ABX through other crypto currencies.
Verify users via social media, phone numbers, user reviews, etc.
Stress is free because it does not require cash payment, easy transaction and simple REVIEW.
Users will be reviewed to make the community better and fairer.
Blockchain ensures a solid registry for every transaction detail.