AutoBay is a P2P (Peer to Peer) cryptocurrency e-commerce platform for cars. It allows participants to buy, sell and auction new and used cars from private sellers and dealerships on a global scale using cryptocurrencies as payment. At AutoBay, the customers will be able to review the sellers (private or dealerships) in order to establish a quality standard. As to the sellers, statistics tools will be available at the platform for sales monitoring and management.

The AutoBay token (ABX) is an Ethereum-based (ERC-20) cryptocurrency. It will be used by the members as a medium to exchange value between buyers and sellers when using the platform services, it can also be used to pay for transactions costs.