Autobay

Autobay ICO

Past ICO

Ended 110 days ago

August 1st 2018

6 months ago Visit Website

September 30th 2018

4 months ago View Whitepaper

Autobay (ABX.)

Overall rating: based on 0 reviews

Autobay is the first ecommerce platform based on the Ethereum blockchain that allows users to sell, buy and auction vehicles using cryptocurrencies as payment method. Each year over 80,000,000 new cars are sold worldwide and only in the US over 100,000 used cars are sold every day, through an outdated, cash depending process. Autobay’s vision is to create real value to cryptocurrencies allowing them to act as a financial asset to purchase goods (vehicles in this case) while solving a day to day problem of the car industry, creating a much safer, simpler and secure process to purchase vehicles. Autobay’s main objective is to create legitimacy to the cryptocurrency market by allowing the use of Bitcoins (BTC), Ethereum (ETH) and Autobay Tokens (ABX) as financial assets to acquire goods (cars, trucks and motorcycles).

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Autobay Review

Autobay Overview

Symbol	ABX.
Platform	Ethereum
Category	Payments
Price	1ETH = 10000 ABX
Total Supply	945000000
Website	View
Whitepaper	View

Autobay Additional Info

Elevator Pitch

Autobay is the first ecommerce platform to Buy, Sell and Auction any vehicle with cryptocurrency.

Advantages of Participating in the ICO

1. Utility Token to Buy, Auction and Sell vehicles.
2. Used to publish cars to sell in the Autobay Platform.
3. Autobay token hit exchanges November this year and Autobay Platform launches Q1 next year so people will want to hold on to Tokens until platform launches creating higher demand.
4. The hard cap 24MM allows token holders to Buy 1,200 cars in the platform at an average price of $20,000 at ICO Price. Just in the US 100,000 used cars are sold every day. That gives an idea of the scarcity of the ABX Token and the demand it will have.
5. Autobay Platform is global, there is no global e-commerce platform that Sells cars.
6. Autobay is the first e-commerce platform based on the blockchain, for the moment it doesn't have any direct competitors.
7. Autobay has partnered up with several blockchain companies to create synergy in developing a stronger product for our users.
8. Discount promotions when using ABX when purchasing a vehicle.