What will Autobay Solve?
Autobay is adecentralized ecommerce platform that allows users to promote their vehicles for everyone to see them onlineallowing users from all over the world to purchase such vehicles using cryptocurrencies as a payment method.Autobay creates a much simplified, safe experience when buying a vehicle, allowing people to buy a car in just 3 easy and safe steps.
The person has to browse for the car they want, using filters that shorten their search to specific brand, model, year,millage,price range and location (radius in km).
When a person finds the car they want, either new or used, they just click in button that appears in the publication that says I’m interested, entailing that they are willingto visit the location where the vehicle is, in orderto assess the car. By pressing the I’m interested button, both parties, seller and buyer receive each other’sprofile information. In thisway one of the factors creating uncertainty is dilutedgiven the seller knows who is selling the car and can see previous reviews of other users who have bought from him in the past and private sellers know who to let into their homes.
And most important, when the person has agreed to purchase the vehicle there is no need for cash payments, the only thing the buyer has to do isopen the Autobay Decentralized app on their mobile device, enter the“I’m interested” menu, where a listing of all the cars the buyer was interested in appears, he then looks for the post on the specificcar he wishes to buy, and through an embedded wallet in the Dapp, he can create an advanced deposit or the fullpayment,choosing the cryptocurrency he wishes to pay with and by pressing the “Buy” button he createstheSmart Contractin the Ethereum Blockchain that pays for the car.
Autobay will encourage growth in the crypto community as,
♦It will open the cryptocurrency environment to people with little or no experience.
♦It will allowpeople from all over the world experience the simplicity of this kind of payment by providing them an embedded wallet.
♦Allowing anyone to acquire cryptocurrencies without the long process of opening an account in exchanges and cryptocurrency brokers,
♦Allowing people to acquire cryptocurrency without the fees taken by sellers (between 0.5 –2%)•Create a real valuefor Bitcoin, Ethereum and Autobay Tokens, as their value will be backed by purchasable goods therefore creating a real demand for them.
Who should invest in Autobay (ABX) Tokens?
1. People interested in purchasing their dream car with cryptocurrencies at a fraction of its cost as they are purchasing tokens with bonuses.
2. Car Dealerships that wish to purchase cars for their showrooms at a fraction of their cost, that wish to promote their cars in the Autobay Platform and wish to expand into a new market.
3. People who are willing to acquire a token that will create its own utility for purchasing goods (vehicles), solving a real life problem in one of the largest markets in the world.
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This entails a great deal of benefits:
•The seller will have a larger audience to showcase its vehicle,
•The buyer will have a larger display of vehicles over local or regional Auctions,
•The buyers will be able to make the payment through cryptocurrencies with a very low fee.
•The buyers will be able to buy cryptocurrencies in advance either during the PreSale –Public Saleof the Autobay Token with discount prices in order to pay for a vehicle later on at a fraction of the cost.
Q1. Product concept developed. Company founded, Team Assembled.
Q2. Website and Dapp designed.
Q3. Advisors join the team. Beta Autobay website developed.
Q4. Autobay ABX Token created.
Q1. Autobay promoted in ICO sites.
Q2. Pre Sale & Crowdsale launch. Reward Auction granted.
Q3. Decentralized platform and Dapp Beta trial. Marketing campaign for the platform.
Q4. Autobay website & Dapp Platform Launch.
Q1. Marketing campaign for Autobay Auction.
Q2. Launch of Auction platform.
Q3. Offering 3 Car manufacturers an Official Store inside the platform to test for a period of 4 months.
Q4. Marketing Campaign for those 3 Official Stores.
Q1. Launching 3 Official Stores on a beta testing for 4 months.
Q2. Offering other ca r manufactures the possibility of opening an Official Store.
Q3. Marketing Campaign for Official Stores
Q4. Launching official Stores for Car Manufacturers within the platform.
Written by: sieemma
CONTENT CREDIT: autopay wp and website