Auto-Block

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 Introduction The Project
 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. 

  The Problem  
1 . Buying Cars With Cryptocurrency: One of the biggest challenges facing Cryptocurrencies is mainstream adoption. Many of the projects within the space are building platforms for the future where there is no immediate use case. Auto Block has created a platform to be able to buy and sell vehicles using cryptocurrency without having to exchange them for fiat thus solving the user two problems. The first, they do not have to go through a long process of exchanging crypto to fiat and having their assets slowly decrease through exchange and bank fees, and secondly, a platform where you can use your crypto assets in the ‘Real world’. Crypto users desire anonymity and in many instances do not want to cash out as this attracts potential taxation issues. Buying cars with crypto solves this problem and allows the release of tax free funds. 
 2. Finding Car Dealers That Accept Crypto: We have etablished that it is almost impossible to find cars for sale online that can be purchased using crypto. A handful of dealers claim to accept crypto but upon further investgation they are not fully prepared to transact through crypto. A demand exists and there is no supply. 

 3. Access and Accuracy of Vehicle Data : The auto industry currently relies on monopolised data and valuation systems that are at best subject to external influences and manipulation [Valuations] and at worst are unavailable in detail to the public [Data]. The outdated infrastructure upon which these essential existing industry standard tools are built is actively impeding natural growth, particularly in the field of new vehicle sales in developing markets. Buyers research before buying. The ability to harness this data will enable many use cases including and not limited to governments, insurance companies, auctioneers, law enforcement and national car registries.

   4 .Accuracy of Vehicle Valuations :Where vehicle valuations exist in developed and mature markets they are supplied by commercial organisations that almost have a monopoly. There exists a need for a decentralised global database that gives users immediate access to a wide range of vehicle valuations by age, mileage, spec and location. Currently this data is unavailable or fragmented and is consequently offering inaccurate and differing valuations. 

 THE AUTO BLOCK SOLUTION 

 Buying Cars With Cryptocurrency 
The Autocoin offers a simple and highly efficient transaction alternative that will become the automotive industry standard cryptocurrency. Thanks to its’ ease of use, acceptance, flexibility and transparency, The Autocoin will become the currency of choice by both car dealer and peer-to-peer vehicle transactions. The team behind The Autocoin have realised the potential of introducing cryptocurrency to the automotive industry, and aim to capitalise on the benefits of simplifying vehicle transactions for buyers and sellers. 

   Some of the core benefits of using The Autocoin currency for buyers include: 
*Ability to purchase vehicles worldwide using The Autocoin 

 * Significantly lower transaction fees – fast and easy payment without add-on bank charges. 

 *Immediate settlement – no waiting period for transactions to mature (i.e., instant availability).

 *Security against identity theft – no credit card or bank details being stored by third parties.

 *Anonymity – highly desirable for high bet worth individuals.

 *Release of crypto assets into the mainstream with minimal exposure and taxation issues. 

 *The highest level of fraud prevention – thanks to the platform’s utilisation of blockchain technology, Autocoin has reduced the risks of counterfeits and chargebacks to zero. 

 *Easy international payments unencumbered by protracted exchange rate considerations.

 *Significant choice of vehicles offered for sale via the website autocoincars.com

 Some of the core benefits of using The Autocoin currency for sellers include:

 *Free exposure of vehicles offered for sale worldwide via autocoincars.com 

 *Fast and easy transaction No cost entry to accept The Autocoin as a payment solution 

 *Lower transaction fees 

 *Easy worldwide payment acceptance 

 *Ability to retain The Autocoin in digital wallet for investment or other purchases or option to convert to fiat upon transaction completion 
*Team of expert support and advice staff available 

 Finding Car Dealers That Accept Cryptocurrency

 Autocoincars.com is a portal offering initially new and used vehicles, performance, prestige and classic cars for sale to buyers wanting to transact using cryptocurrency. Car dealers will be offered the opportunity to list their cars via an automated dedicated stock feed to the portal. This hitherto unavailable sales opportunity will incentivise car dealers to adopt the free to use Autocoin payment cryptocurrency solution. A sales portal website that offers for sale vehicles [Worldwide] from dealers that accept Autocoin. Integrating car data and valuation services, autocoincars. com will be a ‘one stop’ destination for everything required to check out and purchase a vehicle. With the click of a button, a seller can see a vehicle’s complete history, including its mileage, major repairs, ownership details, etc. A free to use sales portal for trade and private sales and purchases that will rapidly achieve Google rankings and be the de-facto online source for crypto-car purchases.

TOKEN FUNCTIONS


• TargetSoft Cap: 5,000 ETH Hard Cover: 40,000
• Symbol NatureAutocoin will at first be ERC-20 tokens. Once our primary net is usually live, we will end up being changing all ERC-20 ATC bridal party to ATC tokens on our indigenous Blockchain on a 1:1 ratio.
• Token TypeAutocoin will end up being a Protection symbol. Symbol cases will be titled to talk about any income produced. Returns will become paid out as a ratio of the bridal party kept: total tokens.
• The quantity of TokensThere will ever be 400 Mil bridal party produced.
• The worth of TokenThe token cost will be 1 ATC = $0.25. The Ethereum price will end up being chosen once the sale offers began.

AUTOCOIN FIXIT (ATC)


By applying Ethereum as the foundation concept & long term task advancement, they will provide this symbol to the marketplace and help to make it the dominant cryptocurrency in the vehicular industry. After that, All Autocoin ERC-20 will be redeemed with Autocoin in first blockchain AutoBlock with 1: 1 ratio.
Resistant Of Stake (Pos) - Autocoin benefits the Proof-of-Stake formula in which usually Autocoin possessed by the consumer reflects the user’s exploration of electric power. The even more users possess Autocoin (ATC) the more significant the probability of users digesting the following stop and getting the deal charge as an incentive.
Mining - You perform not want any complicated products - just managed machines and in the least 1,000 Autocoin. You may also work a general public mining pool and inquire users to lease their funds to you, raising your revenue and posting them with the society.
Deal Charges - The minimum amount charge for money copy is 0.001 Autocoin

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