NOW YOU CAN BUY YOUR CAR WITH BITCOIN AutoBay (ABX) ICO?..

Hello my dear good readers, this is another great opportunity to write about great and very promising project that is full of life changing benefits. Dear readers, seat back and read this brief article in order to have better understanding about this great project.

About Autobay?

 
Autobay is the first ecommerce platform based on the Ethereum blockchain that allows users to sell, buy and auction cars using cryptocurrency as payment method. Autobay will become the largest automotive environmentin the world whose main objective is to create legitimacy to the cryptocurrency market by allowing the use of Bitcoin (BTC), Ethereum (ETH)and Autobay Tokens (ABX) as a Financial Asset to acquire goods.

In very nearly 20 years from 1997 to 2006 the car business nearly copied its generation, from 54,000,000 units to 94,000,000 units created in one year. The car business chips away at two principle specialty unit, new and utilized vehicles. The expansion in populace around the globe that would now be able to access to purchase a vehicle, either a truckor family vehicle and those individuals that pitch their utilized autos to buy another one. 

This two gatherings joined make an industry of over$ 3 Trillion (US Dollars) a year. To set a case the utilized auto industry in China, which is the biggest car market on the planet has expanded by 10X in the course of the most recent 10 years, coming to a $94 Billon dollar in 2016 and just in the United States in 2017 more than 37 Million utilized autos were sold
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The two markets have expanded exponentially finished the most recent 20 years and they are anticipated to continue developing. On the opposite side, through the development of web and the expansion of Smartphones (achieving 1 out of 3 individuals on the planet) internet business stages have turned into the speedier and less complex approach to offer products of any sort, and vehicles are not the special case.

The cryptocurrency market has, all alone, seen an incredible increment in its market top in the vicinity of 2016 and 2017 and then again since December 2017 an expansive fluctuationon their qualities which makes vulnerability to speculators and organizations who wish to help grow a steady cryptocurrency condition. 

The primary purpose behind such precarious result is given the way that a lot of digital forms of money have no characteristic esteem instead of the way that there is a constrained supply of such cryptographic forms of money and an extraordinary request made through its curiosity factor, and an extensive level of them offer essentially the same, go about as an installment strategy with few or none qualification between each other.

Cryptocurrency is on the road to revolutionizing this world. It not just offers trades, it also offers many ventures to adopt cryptocurrency in their business, you can buy products online with your bitcoins, you can pay for hotel booking with your bitcoins, even you can buy or sell cars now.

Crypto world has another one of its kind venture that is decentralized and provides an E-commerce platform to buy, sell and auction cars with cryptocurrency.

AutoBay (ABX) is based on the Ethereum Blockchain technology, one of the strongest technology for Dapps. AutoBay (ABX) has provided a unique solution to car buying and selling industry.

People needed a transparent and secure method of buying cars as to get FIAT currency from the bank is a pain then to carry such amount of FIAT currency is not secured.

AutoBay (ABX) provides a platform with website and Dapp, where a buyer can search for any vehicle and add it to his interest. Later on, both the seller and buyer will share profiles with each other and decide a place to meet.

The AutoBay tokens (ABX) will be used to create a smart contract between buyer and seller regarding the specification of car and amount.

Along with ABX two other cryptocurrencies, Bitcoin and Ethereum will also be used as a payment method. Pre-ICO will have two rounds and the first round of private sale will begin in May 2018.

Team Composition?
Team composition and experience is the most important thing for any venture to nail the ICO. AutoBay seems to have a balanced and experienced team with Alejo Serrano as CEO, he is the early adopter and developer of cryptocurrency with more than 30 projects on his profile. Moreover, they have former product developer of PlayStation on board. They also have some great talented and experienced advisors such as; Melody Bohn, Nicolas Di Pietro, and others. So, AutoBay team looks pretty solid and experienced and will attract many investors during the crowd sale.

Conclusion?
Autobay will likewise permit Auctions on a particular time premise. Sell-offs won’t be a customary component that will be available in the stage each day, however, for example, occurs in Auto demonstrates everywhere throughout the world, they will be unique occasions each a particular time of timedepending on the nation.

For More information please join these links:
Website: https://www.autobay.io/
Whitepaper : https://www.autobay.io/whitepaper
Facebook : https://www.facebook.com/Autobay.io/
Twitter : https://twitter.com/Autobayio

 AUTHOR: surati

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Mytherwallet: 0xA32436df1c536E052FA9AEb6993A01D88084b7Bf