The AutoBlock ICO Project Overview

The AutoBlock

AutoBlock is a suite of products including cryptocurrency that gives a control of vehicle purchases, data and valuations to the individual. The AutoBlock is a proud element to ensure usability and reliability suitable for the automotive sector. With a wide range of special features designed to soothe the most worrying things in the engine market. AutoBlock aims to revolutionize the way private individuals and businesses use both car data as well as accessing the most current and accurate vehicle valuations available anywhere.

AutoBlock uses vehicle valuations as well as car data, their systems will serve motor industry professional bodies such as Insurance Companies, Car Dealers and Leasing Companies. Offering real time valuations compiled from live data utilizing BlockChain technology results in a database of all vehicle specifications produced across the World. AutoBlock will revolutionize the car industry and make it transparent, making sales and purchases easier.

The Autoblock team has recognized the potential of introducing cryptocurrency in the automotive industry and can take advantage of extensive vehicle transactions for buyers and brokers.

The AutoCoin

The AutoCoín offers a large and large transaction that would become the automotive standard cryptocurrency. With ease of use, acceptance, flexibility and transparency, Autocoin has become the currency of choice for both auto dealers and peer-to-peer transactions.

AutoBlock users who already have AutoCoins can run a limited number of free valuations. They can also use their AutoCoins to buy the premium subscription package that can be used for multiple vehicles and queries.

Auto Coin and it's use: 

• Making transactions quicker, easier, and a lot safer
• While the AutoBlock 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 utilizes Blockchain technology and ensures that counterfeits and chargebacks are not possible.

AutoCoin Token ICO Details

Parameters Of The ICO

Ticker: AUTOCOIN

Token Type: ERC20

Fundraising Goal: ETH 40,000

Price: 1 AUTOCOIN = 0.000181818 ETH

Sold on Pre: sale55%

Total Tokens: 1000000000

Token Available for Sale: 400000000

Country: United Kingdom

Blocked Countries: China, Mexico, Russia, Saudi Arabia, South Korea, USA

Accepting: ETH

Token distribution

55% - token sale

24% - retain

15% - team

6% - bonus and rewards

Funds allocation

36% - new users acquisition and marketing

17% - development

14% - endowment funds

11% - trade connect

10% - operations

7% - licensing and legal

5% - audit and advisory

For more info about AutoBlock, you can visit these following links:

Website: https://www.theautoblock.com/
Whitepaper: https://www.theautoblock.com/uploads/files/20180702092247.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4570049
Twitter: https://twitter.com/AutoBlockX
Facebook: https://www.facebook.com/AutoBlockX/
Medium: https://medium.com/@autoblockx
Reddit: https://www.reddit.com/user/AutoBlockX
Youtube: https://www.youtube.com/channel/UCPiapKulKoBPkDJLxZjv2TQ

Author: Binar Bumi
Bitcointalk Username : binar234
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2053245