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AutoXchange Review

8.2/10
RISK SCORE

In this AutoXchange ICO Review, we will look into the key problems this project aims to solve and the primary advantages it will bring to the modern world. We make the crypto market transparent. Relaxed trading – We monitor crypto market data in real time and only provide you with the information you really need.

Rating

Product
8/10
Team
9/10
Tokenomics
7/10
Website
8/10
Vision
9/10

Tokenomics

Token
AXC
Accepted Currencies
BTC ETH XLM USD EUR GBP
Platform
Ethereum
Distributed in ICO
880,000,000 AXC
Type
utility
ICO Price
0.03 USD
Hard Cap
23,000,000 USD
Pre-ICO Price
0.03 USD
Tokens for sale
1,600,000,000

Overview

What Makes AutoXchange Stand Out?

The AutoXchange business plan is to make purchasing, selling and financing in the auto industry transparent, efficient and free from middlemen and commission payments. AutoXchange will provide an ecosystem & market place for purchasing, financing, and investing in autos by utilizing the aXc decentralized ledger to facilitate the procurement process. It will cut out all advertising fees and no commission will be charged on any transaction.
The process of buying and selling cars is ripe for innovation. AutoXchange will do for demand, what continual process improvement and automation have done for supply.Through autoXchange a buyer can select a car, make an offer, source finance, and make payment. Completing all these steps in under two minutes!

Private sellers & dealers carry out the entire sales process easily on their own. There are no listing costs, and autoXchange will not charge transaction or commission fees.

For each vehicle listed on autoXchange, a smart contract keys the car information based on the Vehicle Identification Number (VIN), with all vehicle history and future information then being added to this entry on the blockchain.

To complement our free retail marketplace, autoXchange provides a B2B portal for registered businesses that pay a subscription fee. This portal enables efficient sourcing between dealers, provides quick access to vehicle records, and the ability to transact with other dealers through escrow smart contracts to demonstrate ‘proof of funds’ before a vehicle is shipped.

When any retail or trade buyer wants to make a purchase, they can apply for instant financing through autoXchange. Our smart credit scoring system assesses the application in near real-time and automated smart contracts facilitate the approved loan.

Once a buyer has deposited their full funds (in crypto/Fiat) or received their loan from autoXchange, they can make real-time payment to the seller. Every transaction is executed on the blockchain using the aXc token.

Team

Richard Brown
Founder and CEO
Philip Thompson
Cofounder & COO
Artem Zaitsev
Head of Blockchain Development
Leila Mansouri
General Counsel
Toralf Lahs
VP Sales
Elias Bou-Ghson
VP Channel
Mable Nakubulwa PhD
Data Scientist & Researcher
Anastasiia Storcheus
Project Manager – S-PRO

Roadmap

April2018
Whitepaper released, Private sale for main investors
July2018
Establish global HQ- caimans, aXc ICO commences, Partner marketing, Development of market place
October2018
autoxchange.io alpha release, launch bounty program, strategic partnership
January2019
Beta release with 100k+ listings, aXc heckathons launch globally
April2019
autoxchange.io released globally with 1 million listings, Beta release of financing marketplace in select markets, Establish regional presence & multi lingual support
July2019
aXc financing on autoxchange.io released in select markets enforced by legally binding smart contracts, aXc co invest options available on autoxchange.io enforced by legally binding smart contracts
October2019
Target 2 million cars listed directly onto the aXc distributed ledger
January2020
Expansion activities in core markets, autoXchange Fund 2 launched

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