Crypto Pacitan : AutoBay is the first decentralized e-commerce.

AutoBay is the first decentralized e-commerce.

On this occasion, I will discuss the new ICO, which is different from other projects. ICO - AUTOBAY. Autobay is the first e-commerce platform based on the Ethereum blockchain, which allows users to sell, buy and sell cars using cryptographic tools as a payment method. Each year, more than 80,000,000 new cars are sold worldwide, and in the United States alone, more than 100,000 used cars are sold every day through an outdated cash-dependent process. Autobay’s vision is to create real value for cryptocurrencies, allowing them to act as a financial asset to buy goods (vehicles in this case) while simultaneously solving the daily problems of the automotive industry, creating a much safer, simpler and safer vehicle acquisition Autobay’s main goal is to create legitimacy for the cryptocurrency market by allowing Bitcoins (BTC), Ethereum (ETH) and Autobay Tokens (ABX) to be used as financial assets for acquiring supply of goods (cars, trucks and motorcycles).

About Autobike
Autobay allows you to buy, sell and sell new and used cars from private sellers and dealers from around the world in the largest quarter of the block chain of electronic commerce. You will be able to pay using cryptocurrency for your desired car with a low transaction rate and with a guarantee of a free cash payment.

Autobay will allow users to browse through the ideal environment for conducting safe and secure transactions, allowing buyers to get feedback on 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 statistics for each published vehicle and a list of interested potential buyers.

Problems
When buying a new car, almost everyone at some point must bring FIAT cash in cash or from a bank or home to a dealer, which is associated with a tense and unsafe process. When buying used cars, we understand that the entire industry is based on a cash-only sales policy, creating greater uncertainty during the process. In addition, when buying used cars from private sellers, people are forced to travel to unknown places, where unknown sellers claim that they own the cars they want and operate cash in very uncomfortable situations. Risks, such as loss of money, robbery, payment with fake notes and lost time, are part of the risk associated with cash payments. Over the past 100 years, the process of purchasing vehicles has been the same, and it is outdated and unsafe. process.
Solutions:

Autobay is a proprietary e-commerce platform that allows users to promote their cars so that everyone can see them on the Internet, allowing users from all over the world to buy a car using cryptocurrency as a payment method. Theautobay creates a much simpler and safer experience when buying a car, allowing people to buy a car in just 3 simple and safe steps.

At the first stage, a person must find the car they want using a filter that reduces their search by brand, model, year, quantity, price range and location (radius in km).

The second step, when someone finds a car that they want, new or used, simply presses a button that appears in a publication that says it interests me, which means that they are ready to visit the location of the car to evaluate the car. By clicking the button, I am interested, both parties, the seller and the buyer receive information about each other’s profile.

The third step, and most importantly, when a person agrees to buy a car, he does not need a cash payment, the only thing the buyer has to do is to open the “Decentralized Autobay application” application on his mobile device, enter the “I am interested” menu, where the list of all car, interested in the buyer, he then looks for a message in a particular car that he wants to buy, and through the wallet embedded in Dapp, he can make a prepaid deposit or full payment, choose cryptocurrency he wants to pay, and AB "Buy" button, it creates smart contract Ethereum Blockchain, paying vehicles.

Autobay will also allow auctions at any one time. Auctions will not be a regular function that will be present on the platform every day, but, as it happens at car dealerships around the world, they will be a special event at any particular time period depending on the country (i.e., once a month, when each from all over the world will be able to buy a car at auction directly, and the offer will be made only in cryptocurrency.

Benefits:

• The seller will have a large audience to show their vehicle,

• Buyers will have a larger car display at local or regional auctions,

• Buyers will be able to make payments through cryptocurrency at a very low price.

• Buyers will be able to buy cryptocurrency either before presale - General Autobay Token sale at a

reduced price to pay for a car at a later price at a higher price

Autobay will exclusively accept Cryptocurrencies (BTC, ETH and ABX) as a payment method, no FIAT currency will be accepted. These cryptographic highlighting will also be used to pay for users' publications and as a payment method for companies to advertise their brand in advertising banners on the site. Payment using ABX will offer users and companies a discount on Bitcoin (BTC) and Ethereum (ETH), benefiting users for more competitive prices and creating a higher utility for ABX tokens.

AutoBay lets you buy a car in 3 easy steps.

SEARCH

Autobay Dapp and the website allow you to search for the desired car by adding filters to customize your search, for example, for a brand, model, year, distance and distance so that you can adjust to search for results from cars, motorcycles or trucks within a 20-mile radius.

VISIT

After you have found the car you are interested in by clicking “I am interested”, you will receive the address and profile of sellers, and the seller will receive your profile information, so he knows in advance who is going to visit the car. It helps dealers to organize and understand the requirements of each of their cars.

WIRELESS PAYMENT

As soon as you see the car and you decide to buy it, there is no need for cash, Autobay allows you to offer a down payment or directly pay Autobay (ABX) tokens, Bitcoins (BTC) or Ethereum (ETH) without having to pay in cash, which makes Autobay the safest way to buy a car.

SALE TOKEN

INFORMATION ABOUT TOKEN

Token Name: Autobay

Ticker: ABX

Token Type: ERC 20

Token release: 945,000,000

Hard cover: US $ 24,000,000

Token Price: ETH0,0001

PAYMENT METHOD

Only Bitcoin (BTC), Ethereum (ETH) cryptographs are accepted for purchase of Autobay tokens during Presale and Crowdsale.

DISTRIBUTION OF FUNDS

To achieve the final product described in the following document, the funds provided through the preliminary and public sale of tokens will be distributed as follows:

DISTRIBUTION OF FUNDS

40% OPERATING COSTS

38% MARKETING PLATFORM

8% LEGAL, TAX AND CORPORATE FEES

10% NEW PRODUCT DEVELOPMENT

4% MISC.

EXPENSES.MARKETING

44% ONLINE ADVERTISING

20% DOOH (DIGITAL FROM HOME)

36% TRADITIONAL ADVERTISING

OPERATING EXPENSES

42% COMPANY OPERATION

30% PLATFORM DEVELOPMENT

16% PRODUCT SALES