AUTOBLOCK : Car Sales Platform

Hello everyone in this article I will present an interesting ICO analysis, called AutoBlock, based on the following criteria:

The Auto Block Digital Currency, Car Sales Platform, Vehicle Valuations And Data For A United Automotive Industry

The purpose of the The Auto Block project is to deliver a secure automotive industry dedicated cryptocurrency that will be adopted by car dealers worldwide as the defacto payment solution for cryptocurrency car buyers. Our sales portal, autocoincars.com offers a huge choice of vehicles for sale by dealers that accept cryptocurrency as payment.

Decentralising the supply of data and information available within the automotive industry and offering the most accurate and live car valuation tool, car dealers and buyers will have a 21st Century ‘one stop’ solution for vehicle purchase, data and valuation access.

The Problem

• Buying Cars With Cryptocurrency
  Finding Car Dealers That Accept Crypto One of the biggest challenges facing Cryptocurrencies is mainstream adoption.
• Finding Car Dealers That Accept Crypto
  We have etablished that it is almost impossible to find cars for sale online that can be purchased using crypto.
• Access and Accuracy of Vehicle Data
  The auto industry currently relies on monopolised data and valuation systems that are at best subject to external influences and manipulation [Valuations] and at worst are unavailable in detail to the public [Data].
• Access to and Accuracy of Vehicle Valuations
  Where vehicle valuations exist in developed and mature markets they are supplied by commercial organisations that almost have a monopoly.

The Auto Block Solutions

• Buying Cars With Cryptocurrency
  The Autocoin offers a simple and highly efficient transaction alternative that will become the automotive industry standard cryptocurrency. Thanks to its’ ease of use, acceptance, flexibility and transparency, The Autocoin will become the currency of choice by both car dealer and peer-to-peer vehicle transactions. The team behind The Autocoin have realised the potential of introducing cryptocurrency to the automotive industry, and aim to capitalise on the benefits of simplifying vehicle transactions for buyers and sellers.
• Finding Car Dealers That Accept Cryptocurrency
  Autocoincars.com is a portal offering initially new and used vehicles, performance, prestige and classic cars for sale to buyers wanting to transact using cryptocurrency. Car dealers will be offered the opportunity to list their cars via an automated dedicated stock feed to the portal.
• Access to and Accuracy of Vehicle Data
  The Auto Block and its’ innovative approach to data storage and delivery uses database of vehicle history, ranging from manufacture details to mileage, service history and ownership, allowing users to accurately determine a vehicle’s true value.
• Access to and Accuracy of Vehicle Valuations
  Our proprietary solution uses industry driven algorithms to assign values to used vehicles. There is currently no such product or service available in the market, that utilises blockchain as the basis to run and store the valuation data, based on proprietary algorithms.

How does it work

Our Eco-System
At the heart of AutoBlock is our hybrid blockchain technology, utilizing the best of public and private blockchains. This will allow for the seamless transfer of vehicle data using smart contracts which forms the foundation of our fair vehicle valuations platform; purchasing a car through the portal, transferring the funds instantly and cashing out the proceeds in either fiat, crypto or both via our internal exchange.

Our Payment Card

• Card balance in USD, EURO
• Fast and easy loan cash-in
• Repay your loan

Our dedicated AutoCoin card will allow quick and easy secure transactions for not only car purchase but also repairs and maintenance, monthly leasing payments with a vision towards fuel and electric charging points.

Token Functions
Target	Soft Cap: 5,000 ETH Hard Cap: 40,000 ETH
Token Nature	Autocoin will initially be ERC-20 tokens. Once our main net is live, we will be swapping all ERC-20 ATC tokens to ATC tokens on our native Blockchain on a 1:1 ratio.
Token Type	Autocoin will be a Security token. Token holders will be entitled to a share of any profits made. Dividends will be paid out as a ratio of tokens held: total tokens.
Number of Tokens	There will only ever be 400 Million tokens created.
Value of Token	The token price will be 1 ATC = $0.25. The Ethereum rate will be pegged once the sale has started.
Currencies Accepted	You can purchase Autocoin with Ethereum, Bitcoin or Litecoin.

Allocation of Tokens

ROAD MAP
A clearly defined roadmap and process towards both ICO and product delivery

OUR HISTORY

• Q1- 2017 Idea of Auto Block
  The idea for Auto Block is born
  Proof of concept
  First investment received
• Q2- 2017 R & D
  Research & Development
  Team finalising for the development
• Q3- 2017 Intial Development
  Development Started
  Initial private Investment Round
  White paper started
• Q4- 2017 Regional Office
  Regional Office Set up (London)
  Data gathering of over 30+ million
• Q1- 2018 ICO & Team Plan
  ICO Planning
  Team Hiring
  Seed Round Funding
• Q2- 2018 Seed Round
  Blockchain Development
  Pre-ICO Sale
  e-Wallet
• Q3- 2018 ICO Lunch
  ICO Launch
  Exchange Listing
  Mobile App
  Services would be live for Members (Alpha Version)
• Q4- 2018 Payment System
  Geographical expansion
  Payment system Launch Alpha version
  Valuation Services to Indian Market and in South Africa

To find out more. You can connect more with AutoBlock at the link below:

WEBSITE WHITEPAPER
FACEBOOK TWITTER TELEGRAM

Bitcointalk Username: KidsJamanNow

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1308879