jirban

AUTOBAY

About AUTOBAY

Autobay is the first e-commerce platform based on Ethereum blockchain that lets users sell, buy, and auction cars using cryptocurrency as a method of payment. Autobay will be the largest automotive environment in the world whose primary 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.

In almost 20 years from 1997 to 2006, the car business almost copied its generation, from 54,000,000 units to 94 million units made in one year. The car business chip went in two special units of principle, new and utilized vehicles. The expansion of people around the world who will now be able to access to buy vehicles, both truck family vehicles and people using their cars used to buy others. These two meetings merged making the industry more than $ 3 trillion (US dollars) per year. To establish the case of the automotive industry used in China, which is the largest car market on the planet has grown by 10X in the last 10 years, coming to $ 94 Billon dollars in 2016 and only in the United States in 2017 over 37 million used cars sold.

How AUTOBAY works

AutoBay allows you to buy a vehicle in 3 easy steps :

Search

The Autobay Dapp and website allows you to search for the car you want, adding filters to customize your search i.e. for brand, model, year, milage and distance so you can adjust to find results of cars, motorcycles or trucks within i.e. a 20 mile radius.

Visit

Once you have found the car you are interested in, by clicking "I'm interested" you get the sellers address and profile and the seller obtains your profile information, so he knows before hand who is going to visit the car. This helps dealerships get organized and understand the demand of each of their vehicles.

Cashless Payment

Once you have seen the car and you decide to buy it, there is no need for cash, Autobay allows you to give an advanced payment or directly pay with Autobay Tokens (ABX), Bitcoins (BTC) orEthereum (ETH) with no need of cash payment, making Autobay the safest way to buy a car.

PROBLEM

When purchasing a new vehicle, at least one point must at a certain time carry the FIAT currency in cash, either to or from the bank or from their home to a dealer that involves stressful and insecure processes. When we buy used cars, we realize that the entire industry is based on cash sales policies alone, which creates greater uncertainty during the process. In addition, when buying used cars from private sellers, where unknown sellers claim to own the cars they want and do cash transactions in very uncomfortable situations. Risks like losing money, being robbed, paying with bogus bills and wasting time are some of the risks associated with cash payments. In the last 100 years, the process of purchasing vehicles has been the same, and it's outdated and dangerous. process.

SOLUTION

Autobay is a patented e-commerce platform that allows users to publish their products online using cryptocurrency as a method of payment. Theautobay creates a simpler and safer experience when purchasing 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 to create, model, year, mileage, price range and specific location (within a km radius)
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 a list of all the cars interested in the buyer, he then looks for a position in the particular car he wants to buy, and through a portfolio integrated into Dapp, he can make a full deposit or payment, choose the cryptocurrency he wants. to pay and by pressing the "Buy" button he makes a smart contract in Ethereum Blockchain paying for the car

Autobay will also allow the auction any time. The auction will be a regular feature that will be on the platform every day, but as it happens in the event. from around the world will have the opportunity to buy a car at auction and the offer will be made in crypto currency.

Benefits to be gained :

1. The seller will have a larger audience to show off his vehicle.
2. Buyers will have a larger vehicle display over local or regional Auctions.
3. Buyers will be able to make payments through cryptocurrency at a very low cost.
4. 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.

Autobay will exclusively accept Cryptocurrencies (BTC, ETH and ABX) as a payment method, no FIAT currency will be accepted. These cryptocurrencies will also be used to pay for publication of vehicles by users and as a payment method for companies to advertise their brand in advertisement banners within the site. Paying with ABX will offer users and companies a discount over Bitcoin (BTC) and Ethereum (ETH) benefiting users for having more competitive prices and creating a higher utility for ABX Tokens.

Why AUTOBAY

SAFE PAYMENT

Safe secure payment and transactions between parties.

LOW FEES

Low fees paying with ABX, BTC and ETH

UTILITY

Token used as a payment for purchasing vehicles and car posting in e-commerce platform

REWARDS

Promotions, discounts and rewards will be awarded to users paying with ABX over other cryptocurrencie.

USER VERIFICATION

User verification through social media, mobile number, user reviews, etc

BETTER USER EXPERIENCE

Stress free experience as no cash payment is required, easy and simple transactions

USER REVIEWS

Users will be reviewed creating a better and fair community

SECURE TRANSACTION

The blockchain ensures a solid registry for every detail of the transactions.

TOKEN INFORMATION