AutoBlock (PreICO)

About AutoBlock

What Makes The Auto Block Stand Out?

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.

Automotive Blockchain
Here are some of the top reasons why you should consider familiarizing yourself with Blockchain technology

Blockchain technology is proving invaluable in a vast arena of business and commerce. The unique requirements of the Automotive Industry match perfectly with the shared ledger underpinnings and security that Blockchain uniquely offers.

Revolutionising opportunities in real time vehicle valuations by location as well as centralizing and making sense of new and used vehicle specifications and data Worldwide, our dedicated Blockchain development team have perfected systems that allow the easy collation and delivery of this complex information.

Auto Coin and it's use

• Making transactions quicker, easier, and a lot safer
• While the Auto Block 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 Block Chain technology and ensures that counterfeits and chargebacks are not possible.

Ratings

Igor Karavaev

ico advisor and investor
Rated on Jul 9, 2018

2Team

2Vision

2Product

26%weight

No whitepaper attached?! Wrong link. I have checked the short presentation on theiw landing page called whitepaper. Is this the real one? No financials, marketing or business planning

+3Agree

+1

-2Disagree

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Mustansar IqbalICO team member replied on 24 Aug 2018

Hi Igor,

Thank you very much for your comments on the projects, which has helped us to identify some of the areas we need to work on. We have taken your feedback on board in a serious manner hence we added the missing parts into it.
I would like to request you to have look at and reassess the project based on the latest information.
I would look forward to your feedback :)
Best Wishes
Mustansar

Phil Millo

Blockchain Expert | Family Office Owner | Entrepreneur | ICO Advisor | Global Speaker
Rated on Jul 14, 2018

3Team

2Vision

3Product

16%weight

The vision is global but curiously not all that disruptive, especially since the markets thatvit is addressing have not been particularly disfuntional in the past. Also, this kind of new technology throws up a large number of new issues that are not addressed in the white paper. 2/5

The team is extensive but very concentrated in a single geography whereas this purports to be a global project. 3/5

I'm giving it mid marks for the product because, whilst I can't find an MVP, start-ups of this nature are only partially about technology. 3/5

This is not a financial recommendation. ICO investments are risky and you can lose everything you put in to them.

Agree

-1

-1Disagree

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Mustansar IqbalICO team member replied on 24 Aug 2018

Hi Phil,
Thank you for your remarks, we have taken the feedback on board and incorporated all of them into our White paper. I would like to urge you to have a look at it again.
I would also like to respond on some of the points, especially why we are focusing on UK market and what is the gain for us and how this can help us to expand on to the other regions.
As matter of fact, the UK automotive market is the most mature market globally, we want to break the ice from our domestic market. We believe gaining the trust of the UK automotive sector will help us to make a route to other markets relatively easy and with the quick pace. We have already got over 100 dealers agreed to accept AUTO COIN as alternative means of payment while selling cars. These dealerships include high-end car sellers to regular car dealers.
Our MVP which is linked on main site (here is the links for your reference https://www.autocoincars.com/pos-feature.html
https://www.theautoblock.com/autocoincars/ ). Since we made a good start from UK, now we have dealers from UAE, Germany, and Turkey and their stock listing is in process :).
We also got the team from other regions and they are now listed on the website as well.
I hope this will help to understand why we been very keen on the UK initially. I would request you to have a look and if you can reassess the project that would be great.
Best Wishes
Mustansar

Benchy

ICO analyzer bot

4.8ICO Profile

58%weight

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

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