AutoBay (ABX)
Description
AutoBay is a P2P (Peer to Peer) cryptocurrency e-commerce platform for cars. It allows participants to buy, sell and auction new and used cars from private sellers and dealerships on a global scale using cryptocurrencies as payment. At AutoBay, the customers will be able to review the sellers (private or dealerships) in order to establish a quality standard. As to the sellers, statistics tools will be available at the platform for sales monitoring and management.
The AutoBay token (ABX) is an Ethereum-based (ERC-20) cryptocurrency. It will be used by the members as a medium to exchange value between buyers and sellers when using the platform services, it can also be used to pay for transactions costs.
Full Name | AutoBay (ABX) |
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Start Date | N/A |
Algorithm | ETH Token |
Proof Type | N/A |
Website | www.autobay.io |
@Autobayio | |
N/A | |
www.reddit.com/r/Autobayio/ | |
Block Number | N/A |
Block Time | N/A |
Block Reward | N/A |
Previous Total Coins Mined | N/A |
Net Hashes Per Second | N/A |
ICO Details
AutoBay is a P2P (Peer to Peer) cryptocurrency e-commerce platform for cars. It allows participants to buy, sell and auction new and used cars from private sellers and dealerships on a global scale using cryptocurrencies as payment. At AutoBay, the customers will be able to review the sellers (private or dealerships) in order to establish a quality standard. As to the sellers, statistics tools will be available at the platform for sales monitoring and management.
The AutoBay token (ABX) is an Ethereum-based (ERC-20) cryptocurrency. It will be used by the members as a medium to exchange value between buyers and sellers when using the platform services, it can also be used to pay for transactions costs.
Team:
- ALEJO SERRANO: CEO - CO FOUNDER.
- PROF. SOFIA SERRANO: CFO - CO FOUNDER.
- CAMILA LEJBOWICZ: CMO.
- LUCAS TAYLOR: CTO.
AutoBay ICO began on November 1, 2018. The ICO token supply represents 40% of the total token supply, so there is a total of 378,000,000 ABX tokens available, for 0.05 USD each. The ICO funding target is 1,200,000 USD, the funding cap is 9,000,000 USD and is expected to end on December 15, 2018 or when the funding cap is reached.
Token Reserve Split (56%):
- 26% FUND PREVISION;
- 16% FINANCING LOANS;
- 9% TEAM MEMBERS;
- 6% ADVISORS, EXPERTS, AND PARTNERSHIPS
- 3% BOUNTIES AND REWARDS
AutoBay ICO features a bounty campaign and the following bonus structure.
Bonus Structure:
- 47% Until 08 May;
- 37% 09 May - 08 June;
- 27% 26 June - 09 July;
- 17% 10 - 23 July;
- 7% 24 July - 06 August
ICO Status | Ongoing |
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Token Supply | 945000000 |
Start Date | 2018-11-01 |
End Date | 2018-12-15 |
Fund Raised (BTC) | N/A |
Fund Raised (USD) | N/A |
Start Price (USD) | 0.05 |
Security Audit Company | N/A |
ICO Legal Form | Corporation |
ICO Jurisdiction | N/A |
Legal Advisers | N/A |
Blog | https://medium.com/@autobay |
White Paper | www.autobay.io/whitepaper |