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<p><img src="https://s15.postimg.cc/ffpfvx68r/autobay_introducing.jpg" width="1280" height="720"/></p>
<p> <strong>What’s Autobay…</strong><br>
Autobay allows to buy, sell and sell new and used cars from private sellers and dealers from around the world in the largest block of the block chain of e-commerce. You can pay with the help of a cryptocurrency for your desired car with a low transaction rate and with a guarantee of free cash payment. Autobay will allow users to view the ideal environment for conducting safe and secure transactions, allowing buyers to receive feedback about sellers and dealers. Vendors, on the other hand, will increase their sales through a backend platform that will enable them, among other tools, to view statistics for each published vehicle and a list of interested potential buyers. Autobay is the first e-commerce platform based on the Ethereum blockchain that allows users to sell, buy, and auction cars using cryptocurrency as a payment method. Autobay will be the largest automotive environment in the world whose main goal is to create legitimacy into the cryptocurrency market by allowing the use of Bitcoin (BTC), Ethereum (ETH) and Autobay Tokens (ABX) as Financial Assets to obtain goods. In almost 20 years from 1997 to 2006, the car business almost copied its generation, from 54,000,000 units to 94,000,000 units made in one year. The car business chip goes in two principle-specific units, new and utilized vehicles. Expansion of the population around the world who will now be able to access to buy vehicles, both truck family vehicles and people who use their cars used to buy others. These two meetings combine to make 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 past 10 years, coming to $ 94 dollars in 2016 and only in the United States in 2017 more than 37 million used cars sold.</p>
<p><strong>Problems</strong><br>
When people 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 a dealer that involves a stressful and insecure process. When buying used cars, we realize that the entire industry is based on cash sales policies alone, creating greater uncertainty during the process. 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. Sometimes they have to face many kind of Risks . As like Fallowing<br>
• Losing money<br>
• Being robbed<br>
• Payment with fake records</p>
<p>Over the past 100 years, the process of purchasing vehicles has been the same part, and is outdated and unsafe process.<br>
<br>
<strong>Solutions</strong></p>
<p><img src="https://s15.postimg.cc/dp6euqty3/Capture.jpg" width="572" height="372"/><br>
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. The Autobay creates a much simpler and safer experience when buying a vehicle, allowing people to buy a car with just 3 easy and safe steps.</p>
<p><strong>First step</strong><br>
<em>person must find the car they want, using a filter that shortens their search for brand, model, year, mileage, price range and specific location (radius within km).</em><br>
<strong>Second step</strong><br>
<em>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.</em><br>
<strong>Third step</strong><br>
when a person agrees to buy a vehicle does not need a cash payment, the only thing the buyer should do is open the Decentralized Autobay app on their mobile device, enter the “I’m interested” menu , where the list of all cars is interested in the buyer, he then searches for a post in a certain car he wants to buy, and through a wallet embedded in Dapp, he can make an advanced deposit or full payment, choose the cryptocurrency he wants to pay with and pressing the “Buy” button he creates the Intelligent Contract in Ethereum Blockchain paying for cars.<br>
<br>
Also Autobay will 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 worldwide, they will be a special event every time period depending on country. 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 cryptocurrency.</p>
<p><strong>Why Should select Autobay</strong><br>
•Safe Payment<br>
Secure payments and transactions between parties.<br>
•Low Coast<br>
Low cost pay with ABX, BTC, and ETH<br>
•Utility<br>
Tokens are used as payments for vehicle purchases and car posts on e-commerce platforms<br>
•Gift<br>
Promotions, discounts and prizes will be awarded to users who pay with ABX through other cryptocurrencies.<br>
•User verification<br>
Verify users via social media, phone numbers, user reviews, etc.<br>
•Better user Experience<br>
Stress free because it does not require cash payment, easy and simple transactions<br>
•User Reviews<br>
Users will be reviewed to make the community better and fairer<br>
•Safe Transections<br>
Blockchain ensures a solid registry for every transaction detail.</p>
<p><strong>Benefits of using Autobay</strong><br>
•The seller will have a larger audience to show off his vehicle.<br>
•Buyers will have a larger vehicle display over local or regional Auctions.<br>
•Buyers will be able to make payments through cryptocurrency at a very low cost.<br>
•Buyers will be able to purchase cryptocurrency before Pre-Sales - General Sale Autobay tokens at a discounted price to pay for a later vehicle at a higher price.<br>
<br>
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 brand on in-site ad banners. Paying with ABX will offer users and top discount companies Bitcoin (BTC) and Ethereum (ETH) that benefit users because it has a more competitive price and creates a higher utility for ABX Token. </p>
<p><strong>AutoBay allows 3 steps easy steps to buy a vehicle</strong><br>
<br>
Search</p>
<p>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, mileage and distance so you can customize to find car, motorcycle or truck results within 20 miles radius .<br>
<br>
Visit</p>
<p>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 get organized and understand the demand of each of their vehicles.<br>
<br>
Payout Without Money</p>
<p>Once you see the car and you decide to buy it, do not need cash, Autobay lets you pay a further payment or pay directly with Autoray Token (ABX), Bitcoin (BTC) or Ethereum (ETH) without the need for cash payment, making Autobay the safest way to buy a car.<br>
<br>
<strong>Car Publications</strong><br>
Cars will be published by private sellers or companies in the Autobay website and Dapp. The costs of this publications will variant according to customer needs and will be separate in categories according to pricing, exposure and duration of the publication on the Autobay website.</p>
<p>BRONZE PUBLICATION</p>
<p>• Cost: Free<br>
• Exposure: Low<br>
• Post Duration: 30 days<br>
• Amount of Photos: up to 5 photos.<br>
• Accepted Payment: ABX.</p>
<p>SILVER PUBLICATION</p>
<p>• Cost: 1X (x cost to be defined according to market).<br>
• Exposure: Low / Medium<br>
• Post Duration: 60 days<br>
• Amount of Photos: up to 10 photos.<br>
• Accepted Payment: ABX, ETH.</p>
<p>GOLD PUBLICATION</p>
<p>• Cost: 2X (x cost to be defined according to market).<br>
• Exposure: Medium<br>
• Post Duration: 90 days<br>
• Amount of Photos: up to 10 photos.<br>
• Accepted Payment: ABX, ETH. </p>
<p>PLATINUM PUBLICATION</p>
<p>• Cost: 3X (x cost to be defined according to market).<br>
• Exposure: High<br>
• Post Duration: 180 days<br>
• Amount of Photos: up to 20 photos.<br>
• Accepted Payment: ABX, ETH, BTC.</p>
<p> <strong>Token</strong><br>
• Token = ABX<br>
• Ethereum Platform<br>
• Type =ERC20<br>
• Price at ICO 1 ABX = 0.0001 ETH</p>
<p> <strong>Bonus</strong><br>
• Until May 08 = 47%<br>
• May 09 — June 08 = 37%<br>
• 26 June — 09 July = 27%<br>
• 10–23 July = 17%<br>
• July 24 — August 6 = 7%<br>
• Token sold 510.3 million</p>
<p><strong>Investment info</strong></p>
<p>• Min. investment 200 USD<br>
• Receive ETH, BTC<br>
• Distributed in ICO 54%<br>
• Soft cap 1,000,000 USD<br>
• Hard cap 24 million USD</p>
<p><img src="https://s15.postimg.cc/us96qa5i3/Capture.jpg" width="1000" height="642"/><br>
<strong>Allocations of funds</strong><br>
<br>
• 40% OPERATING EXPENSES<br>
• 38% MARKETING OF THE PLATFORM<br>
• 8% LEGAL, TAXES & CORPORATE FEES<br>
• 10% NEW PRODUCT DEVELOPMENT<br>
• 4% MISC. EXPENSES.<br>
<br>
<strong>Marketing</strong><br>
• 44% ONLINE ADVERTISING<br>
• 20% DOOH (DIGITAL OUT OF HOME)<br>
• 36% TRADITIONAL ADVERTISING<br>
<br>
<strong>Operation Expenses</strong><br>
• 42% COMPANY OPEX<br>
• 30% PLATFORM DEVELOPMENT<br>
• 16% PRODUCT IMPLEMENTATION<br>
• 12% GROWTH OF TEAM<br>
<br>
<strong>Token Placement</strong><br>
• 26% FUND PREVISION<br>
• 16% FINANCING LOANS<br>
• 2% PRIVATE SALE<br>
• 35% PRESALE<br>
• 3% CROWDSALE<br>
• 9% TEAM MEMBERS<br>
• 6% ADVISORS, EXPERTS AND PARTNERSHIPS<br>
• 4% BOUNTIES AND REWARDS<br>
<br>
<strong>Roadmap</strong><br>
<img src="https://s15.postimg.cc/p5ctsnanf/Capture.jpg" width="1079" height="547"/><br>
<strong>Follow Autobay On</strong><br>
<a href="https://bitcointalk.org/index.php?topic=3327461">ANN</a> | <a href="https://www.autobay.io/">WEBSITE</a> | <a href="https://www.autobay.io/whitepaper">WHITEPAPER</a> | <a href="https://www.facebook.com/Autobay.io/">FACEBOOK</a> | <a href="https://twitter.com/Autobayio">TWITTER</a> | <a href="https://t.me/Autobay">TELEGRAM</a> <br>
<strong>Author </strong></p>
<p>Bitcointalk : <a href="https://bitcointalk.org/index.php?action=profile;u=1255923">bitmattrix88</a> </p>
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