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#Advertising & Marketing All projects

Autobay: Platform to sell, buy & auction cars

Decentralized ecommerce platform that allows users to promote their vehicles

stage Ended crowdsale

3.5 Rating

by 5 users


    KPLs

    • Employees5

    Team

    5
    man ALEJO SERRANO

    CEO – CO FOUNDER

    Architect & Entrepreneur with over 30 successful projects and patents. Early cryptocurrency adopter & Developer. He has directly managed over 500 people in different projects. He speaks 4 languages (Spanish, English, French & Italian).

    man SOFIA SERRANO

    CFO – CO FOUNDER

    Magna Cum Laude Excecutive MBA, Harvard Fellow and Co Founder of Acceleratio Consulting. She speaks 4 languages (Spanish, English, French & Italian).

    man CAMILA LEJBOWICZ

    CMO

    Former Mercado Libre employee (1 of 5 unicorns of
    Latin America worth +1 Bn dollars)

    man LUCAS TAYLOR

    CTO

    Former Account Executive for Playstation and Blockchain enthusiast. UX / UI designer of platform & Developer.

    man LEANDRO FERIGO

    Legal Officer

    Legal Officer. Over 15 years of experience working for Buenos Aires District Attorneys office.


    Advisors

    6
    man LUCIANO HERTZRIKEN

    ADVISOR

    Strategic Advisor. Director Operation Excellence and Service level control. Santander Bank, Madrid, Spain.

    man MELODY BOHN

    ADVISOR

    CryptoCurrency Advisor. Controller at Ripio Credit Network (RCN), Cryptocurrency lending platform funded through ICO.

    man YAMILA FINKELSTEIN

    ADVISOR

    Marketing and Media Advisor. Account Director at Mindshare with over 20 years of experience in Marketing.

    man MARIANO GEGENSCHATZ

    ADVISOR

    Financial Advisor. Former P&G Manager. CFO at Nutriswiss S.A.

    man NICOLAS DI PIETRO

    ADVISOR

    Product Management Advisor. Project manager at GMDAZ, managing a $25 Mm. Portfolio.




    Crowdsale details

    Distribution of tokens
    • Crowdsale (44%)
    • Fund Prevision (30%)
    • Presale (10%)
    • Team (9%)
    • Bounties and Rewards (4%)
    • Advisors and Experts (3%)
    Budget allocation
    • OPERATING EXPENSES (40%)
    • MARKETING (34%)
    • NEW PRODUCTS (10%)
    • LEGAL, TAXES, CORP. FEES. (8%)
    • MISC. EXPENSES (8%)
    Details Indicators
    Token Symbol ABX
    Full Token Name ABX Token
    Pre-sale Start May 9th, 00:00 GMT+03:00
    Pre-sale End June 25th, 00:00 GMT+03:00
    Pre-crowdsale Start June 26th, 00:00 GMT+03:00
    Pre-crowdsale End July 9th, 00:00 GMT+03:00
    Crowdsale Start July 10th, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or August 21st, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, $24000000
    Incorporation Details Misiones 6290, Ciudad Jardin, 1684, BA
    Domain registration date 2018-02-26
    Domain owner Alejo Serrano

    Cost of the token

    1 token for 0.0001 eth

    Price without discounts

    Bonuses

    Pre-sale
    Bonus Dates Minimum purchase amount
    47% May 09 — June 25, 2018
    Pre-crowdsale
    Bonus Dates Minimum purchase amount
    37% June 26 — July 09, 2018
    Crowdsale
    Bonus Dates Minimum purchase amount
    27% July 10 — 23, 2018
    17% July 24 — August 06, 2018
    7% August 07 — 21, 2018

    Accepted currency

    • Bitcoin
    • Ethereum


    Rate the project

    Estimate the project on a five-point scale or switch to the simple scale

    Five-point scale Simple scale

    Relevance of the problem and Market size

    1 2 3 4 5

    Product competitiveness

    1 2 3 4 5

    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

    1 2 3 4 5

    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

    1 2 3 4 5

    Summary rate the project

    1 2 3 4 5

    Rate the project by other users

    5
    Alexandr Gonchar July 28, 2018
    Rating of project
    3.7

    Advantages

    This project is the first e-commerce platform based on the Ethereum blockchain, which allows users to sell and buy cars using cryptocurrency as a method of payment. Autobay will become the largest automotive environment in the world, whose main goal is to create legitimacy for the cryptocurrency market by allowing Bitcoin (BTC), Ethereum (ETH) and Autobay Tokens (ABX) to be used as a financial asset for the goods purchase.

    Risks and disadvantages

    The main disadvantage of this project is the transfer of all settlements between customers for cryptocurrency. In addition to the high volatility of the exchange rate presented by the cryptocurrency, there are still a number of barriers to launching such projects. The first is obtaining permissions and licenses for settlements in crypto-currencies and the second own system token will depend on the state of the global crypto-currency market and its value can change instantly.

    Comments

    I think that this project is interesting due to design and ideas, but the implementation still leaves much to be desired. Maybe if the main minuses would be eliminated, the project can be successful in the long term, but now it is difficult to predict whether the team will be able to remove all the shortcomings.

    Denys Serhiichuk June 22, 2018
    Rating of project
    3.5

    Advantages

    The main document - Whitepaper is translated into Russian, English and Vietnamese. It means that the project possesses itself as an international one. Another advantage concerns the Roadmap. It is detailed enough and has many steps of platform development. In addition, the team offers for early investors, which is a great motivation for people.

    Risks and disadvantages

    Despite the fact, that on the website there is a video showing the way of buying a car on Autobay platform, there is no wokring product yet. At least it is not mentioned on the website.

    Comments

    Overall, the process of buying a car differs in countries. Moreover, Blockchain is not regulated everywhere by the same way. As a whole, the following project may have future, but in the long-term.

    Sofia Medda June 12, 2018
    Rating of project
    3.3

    Advantages

    Car sellers will have useful information about viewers of the content and people who are interested in buying a vehicle. So I think if the platform will become popular, car sellers will be interested in cooperation with the project. The team plans to make trials with 2 or 3 car selling companies in an initial stage of the developing of the project. And when partners will be acquainted with the processes and benefits of the platform and the crypto payment, partnerships will be developed and new companies and famous brands will be invited.

    Risks and disadvantages

    The possibility of using Bitcoin and Ethereum as payment instrument will reduce the demand for ABX token.

    Comments

    This is an interesting project, which has a reliable idea and a huge target audience.

    Anne Bryn June 10, 2018
    Rating of project
    3.5

    Advantages

    Reward Auction will attract more attention to ICO campaign. Users who pay with ABX tokens will have discounts, which will create higher utility for ABX token. No new ABX tokens will be created after the end of ico campaign, which means demand for tokens will grow proportionally the growth of popularity of the platform.

    Risks and disadvantages

    ICO participants, who will by ABX tokens at a discount up to 47% may influence the token's price later, which is not good for other token holders.

    Comments

    The project has an active communuty of like-minded people on Facebook, which is not a common thing for a new startup. I think we can expect that this startup will evolve and grow.

    William Anderson May 08, 2018
    Rating of project
    3.3

    Advantages

    The services being offered are abit unique and will bring many cryptocurrency users to join and benefit from the possibility to acquire cars by use of their digital currencies. At all stages of crowdsales the bonuses being given to the early buyers will see the success of all these stages. Giving bounties and rewards will get more people to know about the project.

    Risks and disadvantages

    The type of market to be occupied hasn't been defined in this description presented. A big delay is seen in the execution of the road map this portrays the incompetence of the team in terms of delivering as expected.

    Comments

    This business module is competitive in a way that it creates more use and acceptance of digital currency which will develop the blockchain from transactions carried out and also value of the currencies used plus the tokens value.


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