The Auto Block project is a service that can unite on a single platform, both car dealers and private car sellers, as well as insurance and leasing companies.

Any user can access the Auto Block ecosystem from his gadget, through a mobile application or a web portal from anywhere in the Internet connection.

The service is a specialized database that provides full information about vehicles sold through the Auto Block portal, starting from the technical history of the vehicle condition (year of manufacture, mileage, current and capital repairs) to information about owners, accidents and insurance cases. We also offer services for an independent evaluation of the car for sale and a number of useful information on service, maintenance, components and supplies to any car.

Description of the technology.
The structure of the Auto Block project is built on blockchain technology and smart contracts.

The system ensures the security, transparency and invariability of the stored data.

The project has its own internal crypto currency and a plastic card for calculations not only in digital, but also in the currency.

Decentralized management of the platform allows to provide protection, both from actions of swindlers, and from theft or loss of personal data.

Description of the ICO.

To collect funds for the implementation of the project, the internal currency - ATC tokens is developed.
Basic information about ICO:
• start of ICO: 30.07.18;
• end of ICO: 20.08.18;
• total output: 400 million markers;
• rate 1 ATC is 0.25 USD;
• Standard tokens: ERC20.

Token distribution:

• 20% - for pre-sales stages;
• 35% for the main stage of the ICO;
• 19% - to create a reserve fund;
• 15% - reserved for the development team;
• 6% for Bounty;
• 5% - for the development of the project.

Distribution of investments:

• 11% - for a trade connection;
• 23% - for the development and implementation of the project idea;
• 10% - for operating costs;
• 8% - for strategic planning in marketing;
• 7% - on legal costs;
• 5% - expenses for audit;
• 6% - on payment of fees;
• 30% - for the formation of a distribution fund.

Token Function

Team

The internal currency is intended for calculations within the Auto Block ecosystem .

Website: https://www.theautoblock.com/
White paper: https://www.theautoblock.com/uploads/files/white-paper.pdf
Telegram: https://t.me/autoblockofficial
Twitter: https://twitter.com/AutoBlockX
Facebook: https://www.facebook.com/AutoBlockX/

Author: takseindahdulu
Profile link: https://bitcointalk.org/index.php?action=profile;u=1835771
Eth: 0xF7d6707B423F666EbAC1BCd6BEd4a3F0d3bA8Ca7