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      "body": "![](https://cdn.steemitimages.com/DQmawEtm2wkoJiozPPR7eJiSLLaKRACoAJGwqUZGGiErQFn/image.png)\n\nCryptocurrency is doing wonders every day. Many of the E-commerce businesses are adopting this transparent method of payment, as cryptocurrency is a transparent and secure way of payment.\n\nAfter the Bitcoin got the boom, the crypto world has seen many ventures coming up and offering services in exchange for the cryptocurrency.\n\nCryptocurrency 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.\n\nCrypto 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.\n\nAutoBay (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.\n\nPeople 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.\n\nAutoBay (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.\n\nIf buyer liked the car then immediately he can pay for the AutoBay app with Bitcoin, Ethereum or AutoBay tokens. The payment method is highly secured and transparent, once the payment is done a block will be formed in the Ethereum blockchain to keep the record of the transaction.\n\nThe AutoBay tokens (ABX) will be used to create a smart contract between buyer and seller regarding the specification of car and amount.\n\nAlong 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.\n\nThe crowd sale will begin in July 2018 having a fixed number of emitted token ‘945 Million’. 44% of the tokens will be available for crowd sale while 10% for pre-sale. The major of the funds will be allocated to marketing, development and operating expenses.\n\nTeam 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.\n\n\n09 May — 08 June 37%\n26 June — 09 July 27%\n10–23 July 17%\n24 July — 06 August 7%\n\nTokens for sale 510,300,000\n\nInvestment info\n\nMin. investment 200 USD\nAccepting ETH, BTC\nDistributed in ICO 54%\n\nSoft cap 1,000,000 USD\nHard cap 24,000,000 USD\n\nRoadmap\n\nQ1 2017\nProduct concept developed. Company founded, Team Assembled.\n\nQ2 2017\nWebsite and Dapp designed.\n\nQ3 2017\nAdvisors join the team. Beta Autobay Website developed MVP.\n\nQ4 2017\nAutobay ABX Token created.\nTokensale website developed.\n\nQ1 2018\nAutobay promoted in websites and Social Networks.\n\nQ2 2017\nPre Sale & Crowdsale launch.\nReward Auction granted.\n\nQ3 2018\nDecentralized platform and Dapp Beta Trial. Marketing campaign for the platform.\n\nQ4 2018\nAutobay website & Dapp Platform Launch.\n\nQ1 2019\nMarketing campaign for Autobay Auction.\n\nQ2 2019\nLaunch of Auction platform.\n\nQ3 2019\nOffering 3 Car manufacturers an Official Store inside the platform to test for a period of 4 months.\n\nQ4 2019\nMarketing Campaign for those 3 Official Stores.\n\nQ1 2020\nLaunching 3 Official Stores on a\nbeta testing for 4 months.\n\nQ2 2020\nOffering other car manufactures the possibility of opening an Official Store.\n\nQ4 2020\nLaunching official Stores for Car Manufacturers within the platform.\n\nQ3 2020\nMarketing Campaign for Official Stores.\n\nTeam\n\n![](https://cdn.steemitimages.com/DQmVwwfvo2tHvsDeWNv6YRAwAj6Kh3jJ5nJeTkEq1MXavFa/image.png)\n![](https://cdn.steemitimages.com/DQmP6DNKp4wZR9C6NUybrJcEnUadVbpQB15trJZsfdTTtRt/image.png)\n\nAdvisors\n![](https://cdn.steemitimages.com/DQmXiMyNEqcMgLoqwPbk5gx7dQsvHZrD2T7PzYijasQYdsH/image.png)\n\nFor more information, visit the link below:\n\nWebsite: https://www.autobay.io/\nWhitepaper: https://www.autobay.io/whitepaper\nFacebook: https://www.facebook.com/Autobay.io/\nTwitter: https://twitter.com/Autobayio\nTelegram: https://t.me/autobaybounty\nBounty Thread: https://bitcointalk.org/index.php?topic=4686641\nANN Thread: https://bitcointalk.org/index.php?topic=3327461\n\n\nForum Username : hancon30 \nForum Profile link : https://bitcointalk.org/index.php?action=profile;u=2328589",
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