INTRODUCTION

Autobay is the first e-commerce platform based on the Ethereum block chain, which lets users sell, buy, and sell cars using crypto currency as a method of payment.

For nearly 20 years from 1997 to 2006, the automotive business almost imitated its generation — from 54,000,000 units to 94 million units made in one year. The car business eliminates two major divisions, new and used cars. The expansion of people around the world, who can now get access to buying a vehicle, or a family of trucks, and people using their used cars to buy another one. Both meetings are united to make industry more than 3 trillion US dollars per year. To solve the case, used by the automotive industry in China, which is the largest auto market in the world, over the past 10 years has grown 10X, coming to US dollars at $ 94 billion by 2016 and only in the United States, more than 37 sold in 2017 millions of used cars.

Two markets have grown exponentially in the last 20 years, and are expected to continue to grow. On the other hand, thanks to network expansion and smartphone expansion (the achievement of 1 in 3 people on the planet), the Internet business phase has evolved into a faster and less complex approach to offering products of any type, and vehicles are not a special case.

In addition Autobay will be the largest automotive environment in the world, whose primary goal is to create legitimacy for the crypto currency market by allowing Bitcoin (BTC), Ethereum (ETH) and Token Autobay (ABX) to be used as a financial asset for purchasing goods.

AUTOBAY PLATFORM

Autobay will allow user reviews to create an ideal environment for safe and secure transactions to occur, allowing 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 allows users to 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 an obsolete money-dependent process. Autobay’s vision is to create real value for cryptocurrency that enables them to act as a financial asset to buy goods (vehicles in this case) while solving 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).

HOW AUTOBAY WORK

AutoBay lets you buy vehicles in 3 easy steps.

1.SEARCH

The Autobay Dapp and website allows you to search for the car you want, add filters to customize your search ie for brand, model, year, mileage and distance so you can customize to find car, motorcycle or truck results within 20 miles radius.

2.VISITING

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. Sharing this transparent information helps both parties in decision making and organization. Particularly dealers will be able to evaluate the demand of each vehicle.

3.PAYMENT

Once you see the car and you decide to buy it, do not need cash! Autobay lets you provide advanced payments or pay directly with Autobay Token (ABX), Bitcoin (BTC) or Ethereum (ETH) without the need for cash payment, making Autobay the easiest and safest way to buy a car.

WHY AUTOBAY:

· SAFE PAYMENT

Secure payments and transactions between parties.

· LOW COST

Low cost pay with ABX, BTC, and ETH

· UTILITY

Tokens are used as payments for vehicle purchases and car posts on e-commerce platforms

· GIFT

Promotions, discounts and prizes will be awarded to users who pay with ABX through other cryptocurrency.

· USER VERIFICATION

Verify users via social media, phone numbers, user reviews, etc.

· BETTER USER EXPERIENCE

Stress free because it does not require cash payment, easy and simple transactions

· USER REVIEWS

Users will be reviewed to make the community better and fairer

· SAFE TRANSACTIONS

Blockchain ensures a solid registry for every transaction detail.

Info Token

Token ABX

Ethereum Platform

Type ERC20

Price at ICO 1 ABX = 0.0001 ETH

BONUS

Until May 08 47%

May 09 – June 08 37%

26 June – 09 July 27%

10 – 23 July 17%

July 24 – August 6 7%

Token sold 510.3 million

Investment info

Min. investment 200 USD

Receive ETH, BTC

Distributed in ICO 54%

Soft cap 1,000,000 USD

Hard cap 24 million USD

Roadmap

Q1 2017

Product concept developed. Company established, Team Assembled.

Q2 2017

Website and Dapp designed.

Q3 2017

Advisors joined the team. Beta Site Autobay develops MVP.

Q4 2017

Autobay ABX Token created.

Tokensale website developed.

Q1 2018

Autobay is promoted on websites and Social Networks.

Q2 2017

Initial Launch & Crowdsale.

Reward Auction provided.

Q3 2018

Decentralized Platform and Dapp Beta Experiment. Marketing campaign for platforms.

Q4 2018

Autobay website & Dapp Platform Launch.

2019 Q1 Marketing Campaign for Autobay Auctions.

Q2 2019

The launch of the Auction platform.

Q3 2019

Offering 3 manufacturers of Cars an Authorized Shop inside the platform to test for 4 months.

2014 Q4 Marketing Campaign for the 3 Official Stores.

Q1 2020

Launches 3 Official Stores on

beta testing for 4 months.

Q2 2020

Offering another car produces the possibility of opening an Authorized Shop.

Q4 2020

Launched Official Shop for Car Manufacturers in platform.

Q2020 Marketing Campaign for Official Stores.

For more information, visit the link below:

Website: https://www.autobay.io/

Whitepaper: https://www.autobay.io/whitepaper

Facebook: https://www.facebook.com/Autobay.io/

Twitter: https://twitter.com/Autobayio

Telegram: https://t.me/autobaybounty

Bounty Thread: https://bitcointalk.org/index.php?topic=4686641

JST Thread: https://bitcointalk.org/index.php?topic=3327461

Author: abeexy

Eth address: 0x5Eba2b8AdD723543A4da85CB2606F0553dF6Ae8f

Profile link: https://bitcointalk.org/index.php?action=profile;u=2247475