autoXchange

AUTOXCHANGE - GLOBAL AUTOMOTIVE MARKET.

About autoXchange
Blockchain technology has the ability to fundamentally transform how companies and customers interact. The functionality that it provides can revolutionize whole industries, placing the customer at the center of a transaction process. It provides the opportunity to disrupt whole sections of the economy, removing wasteful and time-consuming processes. The value of a blockchain solution is generated through solving an immediate and difficult problem. This is most evident when it speeds up transaction times and obliterates wasteful and inefficient processes and procedures. These are often generated by middle men, banks, lawyers or other intermediaries. Traditionally, their role is to hold data, provide finance, add security and satisfy legislation, which although necessary, generate huge costs. These are then passed on to the customer or the seller has to absorb them reducing their profitability. Blockchain has the ability to remove these, without compromising security or functionality. We will clearly identify the problems that will be solved through autoXchange and explain why blockchain is fundamental to removing them in the automotive industry. We will show how our solution will have dramatic and profitable benefits for all the parties involved.

The car buying market is a very large and complex industry. For the buyer, they are frustrated by high costs generated by a financial services industry that has expensive and inefficient legacy infrastructure. They also pay fees (sometimes hidden) to intermediaries that add no value but have become engrained in the transaction process. The dealer also has significant barriers to overcome. Not only are they in a highly competitive market, but also incur expensive fees that detract from their profitability. The dealers are subject to high advertising costs, high sourcing costs, and their inventory is limited to available cashflow. All these problems are solved by the creation of autoXchange. autoXchange will provide an ecosystem & market place for Car purchasing, financing, and investing. By utilizing blockchain technology autoXchange will create and utilize the aXc decentralised ledger to facilitate the procurement process so that all sales are transparent and reduce unnecessary fees incurred during the purchase. It will cut out all advertising fees and no commission will be charged for any transactions.



Features

Through autoXchange private vehicle owners and dealers can carry out the entire sales process, from sales and marketing to the signing of finance agreements. autoXchange removes the middlemen and all associated fees. Utilising blockchain technology, autoXchange will create and use the aXc decentralised ledger to store the vehicle history and facilitate transactions using the aXc native token so that all sales are transparent and secure. Through the additional use of smart contracts, aXc token holders will be able to provide P2P car financing and pool aXc tokens with other holders to invest as a community.

Financial, Token info

Token ; AXC

Platform ; Ethereum

Type ; ERC20

Price in ICO ; 0.0300 USD

Tokens for sale ; 1,600,000,000

Token details
Ticker ; aXc
Type ; Utility-token
Additional Token Emission ; No
Accepted Currencies ; BTC, ETH, EUR, USD

Token distribution
55% – ICO token sale
20% – Ecosystem & Growth wallet
10% – Team Wallet
10% – Reserve Wallet
2% – Advisory Wallet
2% – Bounty Wallet
1% – Partner wallet

Funds allocation
35% – Development
30% – Marketing
15% – Direct Sales
10% – Channel Sales
5% – Legals
5% – Administration

Investment info
Accepting ; ETH, BTC, Fiat
Distributed in ICO ; 55%
Hard cap ; 23000000 USD



Roap Map
Q2 2018.
UK registered business
autoXchange whitepaper released
Community development
autoXchange Product development begins

Q3 2018.
Marketing commences
Partner marketing
aXc Private Sale commences

Q4 2018
aXc Pre-Sale & Main Sale commence
autoXchange strategic partner program launched

Q1 2019.
autoXchange.io beta release
Launch autoXchange merchant program
aXc hackathons globally
aXc exchange listings

Q2 2019.
autoXchange.io released globally
Beta release of financing marketplace in select markets
Establish regional presence and multilingual support

Q3 2019.
aXc p2p financing on autoXchange.io released in select markets enforced by legally binding smart contracts
Marketing campaign for aXc propagation and aXc awareness

Q4 2019.
Target 2million cars listed on autoXchange & aXc ledger
autoXchange Fund 1 launch

2020.
Expansion activities in core markets
autoXchange Fund 2 launched

TEAM
Richard Brown ; Founder & CEO
Philip Thompson ; Cofounder & COO
Leila Mansouri ; General Counsel
Toralf Lahs ; VP Sales
Elias Bou-Ghson ; VP Channel
Mable Nakubulwa PhD ; Data Scientist & Researcher
Artem Zaitsev ; Blockchain and ICO development for B2B sector
Anastasiia Storcheus ; Project Manager – S-PRO

For more information please visit the site below:

• Website ; http://www.autoxchange.io/
• ANN Thread ; https://bitcointalk.org/index.php?topic=5042507#post_
• Whitepaper ; https://autoxchange.io/static/media/white_paper.20a20960.pdf
• Video ; https://www.youtube.com/watch?v=-pkdu9bSlL0&t=3s
• Telegram ; https://t.me/autoxchange_io
• Bounty Telegram ; https://t.me/autoxchange_bounty
• Facebook ; https://www.facebook.com/autoXchange.io/
• Twitter ; https://twitter.com/autoxchange_io
• Medium ; https://medium.com/@autoxchange.io

Author ; Melati21
Profile link ; https://bitcointalk.org/index.php?action=profile;u=1357963
ETH address ; 0x838d9F4750DFC63f9A75bdA335840C0A84aD3afc