autoXchange

autoXchange

Created using Figma
Created using Figma
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. The decentralized aXc ledger is the engine that regulates all transactions and relationships between all entities. The aXc ledger will keep a record of transactions and vehicle providence, regulating these through transparent and effective smart contracts. As an open source project, the aXc ledger will be free to use by any 3rd party marketplace or application. This will enable market adoption of aXc resulting in increased usage of the aXc token worldwide.
ICO
Nov 1, 2018
Dec 1, 2018
67% completed
Raised funds - no Data
ongoing
PRIVATE SALE
Oct 1, 2018
Nov 1, 2018
100% completed
Raised funds - no Data
past
  • 1 AXC
    =
    0.03 USD
Token Details
Ticker
AXC
Token Distribution
55% token sale.
20% Ecosystem & Community
10% Team wallet - locked for two years
10% Reserve wallet
2% Bounty wallet
2% Advisory wallet
1% Partner wallet
Accepted Currencies
ETH, BTC, FIAT
Company Details
Registered Country
United Kingdom
Additional Details
MVP/Prototype
Yes
KYC
Yes
Categories
Platform

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.

autoXchange Roadmap

  • 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
  • Read More
  • 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

Activity

Activity:
50
LOW
Posts:
2
VERY LOW
Views:
1 122
LOW
Activity:
50
LOW
Merit:
0
VERY LOW
Posts:
2
VERY LOW
Views:
1 124
LOW
Users:
25
LOW
Posts:
41
VERY LOW
Followers:
1 311
LOW
Likes:
1 312
LOW
Rating:
5
VERY HIGH
Reviews:
1
VERY LOW
Followers:
221
VERY LOW
Tweets:
40
VERY LOW
Fake Users Detected:
18.27%
30 Days Growth:
18
Members:
21
VERY LOW
30 Days Growth:
6
Alexa
Rank:
8 607 562
VERY LOW
Delta:
0
Year commits:
1
Watchers:
0
Stars:
0
Forks:
0
Open issues:
0

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Data Scientist & Researcher
unverified
Blockchain and ICO development for B2B sector
unverified
Project Manager – S-PRO
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Automotive Tech Investor
unverified
Blockchain at Innovate UK
unverified
Automotive M&A at Grant Thornton
unverified
Fmr President of Saudi Motor Federation
unverified
Technology Investor
unverified
Grace Bian
Entrepreneur & China Advisor
unverified

Last News

N/A
5.0 12
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