AUTOBLOCK- REVIEW

in bitcoin •  6 years ago 


Welcome my readers to this wonderful platform. Today I am writing a very interesting project called AutoBlock Token. This project seems more interesting after reading the whitepaper. The project has a very good concept. I know this project will get high success. Consider investing. I am very happy with this project. I will explain a few more details below about this great project to be easily understood by everyone.
The AutoBlock is a blockchain product and service suite which is specially developed for the worldwide automotive industry. The idea for such a solution was born in the first quarter of 2017 when the founding members realized that though the motor market was significant, it lacked the essentials that made it safe, secure to access, and reliable. By the third quarter of that same year, The AutoBlock’s full-blown development began, and the company opened its first regional office in the finalizing months of 2017.
The AutoBlock venture is fixated on making a biological community that unites every one of the partners from the vehicle business to buy and offering of autos utilizing digital currency. To accomplish this objective the group has chosen to present an Erc20 ethereum based token called Autocoin which would be all inclusive received/acknowledged via auto merchants as the defacto installment answer for auto purchasers.
By means of the AUTOBLOCK, decentralized stage auto purchasers approach all the applicable data about the autos they are purchasing. A portion of this data incorporates; exact valuation of autos, mileage, spec area, make of the auto, number of past proprietors and so forth.
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.

BENEFITS
The Autoblock stage uses on Blockchain Technology to make a protected, dependable, straightforward and proficient exchange task for it clients. The following are a portion of the advantages clients of the Autoblock stage remain to appreciate?
Wholesale fraud is outlandish because of the way that its stage client subtle elements are put away on the Blockchain which makes it unthinkable for any information to be controlled or changed by any outsiders.
Both auto purchasers and vendors encounter the simplicity of completing quick exchanges utilizing digital money.
By means of this stage, the client is presented to more extensive choices of vehicles offered available to be purchased.
Clients have the chance of purchasing vehicles utilizing cryptographic money (AUTOCOIN).
By means of this stage, clients can purchase vehicles from any piece of the world without experiencing cash transformation challenges.
Clients have the choice of changing over there AUTOCOIN to different digital forms of money of decision.
Holders of the AUTOCOIN token for a given time are qualified for voting rights and profits from the organization

FUNCTIONS

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, EUROFast and easy loan cash-inRepay your loanOur 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.

The AutoBlock Core 1.0 Release Includes:
A completely new design and new API
Portal for auto coin dealers to list their cars
A New P2P transfer layer
A New Database layer
Code migration to es6
Full Atomic Block Writes
Security Fixes and Improvements
Block processing Improvements
Improved Code Standards
Addition to 64byte data field to a type 0 transaction

TOKEN DETAILS
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.
Bonus for the Purchases during Sale
Start :15.09.2018 (9:00 AM GMT)
End : 20.11.2018 (9:00 AM GMT)
Quantity of tokens available : 400,000,000
The lower limit to launch the project : 5,000 ETH
The cryptocurrencies accepted : ETH, BTC, BCH, LTC
Tokens exchange rate : 1 AUTO COIN = 0,25 USD excluding bonuses

ALLOCATION AND DISTRIBUTION OF TOKENS

ROADMAP
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

TEAM

SUMMARY
Dear reader, this is just a brief overview of the purpose, benefits and opportunities that can be gained from this innovative project. After reading this briefing, I am sure you will want to know more
For more information about this great project kindly click on the links below;
WEB: https://ico.curecos.com/
WHITEPAPER: https://ico.curecos.com/documents/Cure-Whitepaper_EN_V1.1.pdf?t=1518110320
TELEGRAM: https://t.me/cosplaytoken
TWITTER: https://twitter.com/WorldCosplayNet
FACEBOOK: https://twitter.com/WorldCosplayNet
ANN Thread: https://bitcointalk.org/index.php?topic=2821548.0
AUTHORED BY:
Bitcointalk Username: Kcokoo2
https://bitcointalk.org/index.php?action=profile;u=2270442
Eth Address: 0xE9a3c6d8e79901243e5D1ADEC46d11F27E4E61d9

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
AUTOCube0.003$-6.8%-28.7%
BCHBitcoin Cash425.178$-3.08%0.1%
BTCBitcoin6345.196$-0.26%0.48%
ETHEthereum209.636$-0.7%19.11%
LTCLitecoin53.660$-1.31%7.42%