PURPOSE
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.
Solutions Set to Revolutionize the Automotive Sector
The Auto Block offers a unique set of products which will align cryptocurrency with the mainstream automotive industry by making vehicle transactions secure, fast while also giving you full access to the purchased vehicle’s historical data, NVD (New vehicle data), and valuations. Providing transparency to the buyer, as well as the seller.
What Makes The Auto Block Stand Out?
We're transforming the way people buy, sell and research cars.
AutoBlock will revolutionize the automotive industry and make it transparent so sales and purchases can take place without mishaps.
A car sales portal for car dealers that accept the AutoCoin to advertise their stock free of charge, opening up new markets for them. Initially, prestige, performance and classic cars being transacted across the globe using AutoCoin, followed en masse by volume car dealers.
Set to revolutionize used car valuations and vehicle data, Auto Block’s mission is to serve professionals such as insurance companies, car dealers and leasing companies in the motor industry with accurate and easy access to data and valuations. The Blockchain technology used to gather the real-time valuations with the help of live data will result in a rich database of all vehicle specifications which exist throughout the world. The Auto Block’s technology will make it possible for individuals and businesses alike to access information about car data and valuations no matter where they are.
Auto Coin and it's use
Making transactions quicker, easier, and a lot safer
While the Auto Block cryptocurrency has a long list of compelling reasons why you should think about adapting it, here are some which are the most evident.
Significantly lower transaction fees – you pay with no add-on bank charges.Security against Identity Theft. No credit card or bank details being stored by 3rd parties.Easy International payments that do not require lengthy and protracted exchange rate considerations.Very highest level of fraud prevention. TheAutoCoin utilises Block Chain technology and ensures that counterfeits and chargebacks are not possible.
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.
TOKEN SALE DETAILS
There will be a total of 400 Million Autocoins, of which 220 Million (55%) will be available at all stages of the token sale.
- 1 Autocoin = $0.25
- Private sale: Insert dates
- Pre-ICO: Insert dates
- Crowdsale: Insert dates
- Soft Cap: 5,000 Eth
- Hard Cap: 40,000 Eth
ALLOCATION OF FUNDS
- Trade Connect: 11%
- R&D: 23%
- Operations: 10%
- Marketing: 8%
- Licensing & Legal: 7%
- Audit: 5%
- Endowment Fund: 30%
- Bounty: 6%
ALLOCATION OF TOKENS
- Pre Sale & ICO: 55%
- Team: 15%
- Retain: 19%
- Bonus & Rewards: 6%
- Seed Round : 5%
Roadmap
You can find out more about the platform or participate in their sales crowd through the following links:
WEBSITE: https://www.theautoblock.com/
WHITEPAPER: https://www.theautoblock.com/uploads/files/20180622025946.pdf
FACEBOOK : https://www.facebook.com/AutoBlockX/
TWITTER: https://twitter.com/AutoBlockX
TELEGRAM: https://t.me/autoblockofficial
Profile link : https://bitcointalk.org/index.php?action=profile;u=2103066
Ethereum : 0xDa2F65ea0ED1948576694e44b54637ebeCA22576
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