AutoToken - International Auto Club (IAC): The Decentralized Marketplace With a Multilevel Cashback
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, International Auto Club (IAC), a blockchain-based automatic platform bringing collectively the superior applications on payment systems, cashback services, yet partnership programs has arrived.
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What exactly is AutoToken - International Auto Club?
International Auto Club (IAC) is a blockchain-based automatic platform bringing collectively the superior applications on payment systems, cashback services, yet partnership programs.
Furthermore, International Auto Club (IAC) is an automated platform bringing together the best features of payment systems, cashback services and partnership programs. IAC is not a start-up and it’s ready to develop business in other countries. The corporation transfers all internal payments to the blockchain using internal currency called AutoUnit. This is a system of mutual settlements that allows to increase the level of transparency and financial security of all registered users, to avoid system centralization and users dependency on the corporation, to accelerate development and to increase the turnover of enterprises that joined the platform. AutoUnit is a blockchain-certificate for purchasing goods and services placed on the IAC platform and offered by partner enterprises. The certificate provides all mutual settlements between IAC and goods and services suppliers as directed by the users.
IAC aims to be the bridge between consumers and businesses, in order to provide a win-win situation for both where neither the consumer pays more the business loses money in the competitive market. Additionally, at present, there are no systems that allow cashback payment system in cryptocurrency. The International Auto Club ICO presale begun on January 25, 2018.
A consumer wants to save money while business wants to make it. In this case, the consumer and business interests are in opposition to each other. The consumers strive for purchasing goods at profitable prices (to pay less), but businesses strive to increase profits, reduce costs and to gain a competitive edge. The existing cashback services and joint purchase services partially solves this problem. But they offer only a compromise between the consumer wishes and the business interests, although modern technologies allow both sides to give much more than just discounts and new customer.
At the moment, there is no cashback service among the market leaders, which would give an opportunity not only to save money on purchases, but also to earn on a multilevel referral system. The number of the system participants is not in direct correlation with the capabilities and benefits of the participants themselves. The number of users is always directly related only to the benefits of the service itself, not its customers.
Most of the existing cashback services focus on the online stores. It limits users and the offline business in obtaining the benefits.
Currently, many partner programs are associated with the network business. MLM-companies have compromised themselves by unscrupulous typical behavior in this market: the use of aggressive marketing, intrusive advertising, the supply of poor-quality and non-certified goods. At the same time, some reasonable methods and effective promotion mechanisms successfully working in MLM companies have been discredited.As a result, consumers abandoned really profitable offers, and enterprising people ignored the opportunity to earn on partner and referral programs.
Low level of client orientation. Cashback services are essentially intermediaries between business and customers. Such services do not take into account the interests of both parties and they give preference to a business with a larger cashback percentage.
Discount systems, cashback services, coupon services work in a well-defined segment, but it is inconvenient for the user. There are no services combining the possibilities of obtaining discounts and cashback, a payment system with the ability to pay in the cryptocurrency and with the option of obtaining passive income.
High marketing costs force the business to inflate prices for goods and services. The number of intermediaries involved in each sale makes prices even less affordable. Modern technologies that attract new customers with minimal costs are used rarely and inefficiently. Despite the development of the digital economy, the technological capabilities are not used.
IAC is a Russian working charge board that was formed 4 years ago and has more than 70,000 companions or 600,000 customers offering reductions yet offers for IAC users. The developers on that board had the stop user of thought and are among a forefront make it feasible for households to purchase exorcism functions or products at luminous wholesale prices.
At its core, IAC is simply a payment platform that merges the benefits of cash back, referral and partnership programs for its users irrespective of the store type. Both offline and online stores benefit from new customer exposure and referral /partnership programs through its 9 tier recommendation system.
In 2014, a small group of like-minded people set an ambitious aim to make the life of consumers better and easier by providing them with the best quality goods and assistance at wholesale prices. The company is based on the idea of uniting people to jointly solve issues related to saving the family funds. As a result, the new corporation was established as International Auto Club. The website was launched. (www.auto-club .biz)
The corporation transfers all internal payments to the blockchain using an internal currency called AutoUnit. This is a system of mutual settlements that allows increasing the level of transparency and financial security of all registered users, to avoid system centralization and users dependency on the corporation, to accelerate development and to increase the turnover of enterprises that joined the platform.
How Does the Platform Work?
Both consumers and enterprise register free of charge. Consumers can avail discounts and offers on the platform while businesses can profit from the burgeoning client base. Once a consumer is registered, one can make use of the referral program. For enterprises, the Autobonus program is available which will maintain records of purchases. The platform also allows customers to withdraw funds into fiat money. Registered enterprises can get discounted rates on paid services such as advertising, internet marketing, website creation and mobile applications. Registered consumers can pay with the internal currency for purchasing goods and also get access to the partner programs.
Platform Capabilities for Consumers and Businesses
How it works for businesses?
The selection is free for the associations and moved toward consistently creating base of devoted individuals.
Autobonus program perceive and keeps up the record of part purchase for enormous business.
The business specialists are affirmed to select new individuals. All the new part will be enrolled in the structure as demonstrated by the business level referral system.
The business can advance web promoting and SMM.
Position on the stage resources in the region of unprecedented offer (flags , proposition)
Desire to partake in IAC wanders.
Making of site and versatile application for business broaden.
Authenticity using IAC for buyers.
Favour access to associate program dependent upon the status.
IAC TOKEN SALE AND ICO Details
The platform has a token called auto token with the symbol ATK. The token is an Ethereum based token that is ERC20 compatible. The pre token sale of the IAC platform started since 25th of January, 2018 and it will end on the 18th of March, 2018. The Presale bonus from the 25th of January to the 18th of March, 2018 will be 20 percent discount. The currency that is currently accepted is ETH. 1ATK is equivalent to 1USD.
Auto Club token information:
Token Name: AutoToken
Token Symbol: ATK
Total Supply: 85982638
Rate: 1 ATK = 1$
PRE-ICO Start Date: 25 January 2018
PRE-ICO END Date: 18 March 2018
ICO Start Date : 25 January 2018
ICO End Date : 18 March 2018
The company plans to sell 70% of its tokens. The rest will be spread between the participants of the bounty campaign, the project’s team and advisors.
Sale – 70%
Bounty – 15%
Team – 10%
Advisors – 5%
Bonuses are discounted prices at which AutoToken can be purchased. There will be a separate discount on tokens at each stage of the sale. Two types of discounts will be used: discounts for Partners of IAC and discounts for the rest of the buyers.
85,982,639 AutoToken tokens will be issued. Token will be created constantly, as the sales continue. The tokens price will be equal to $1. The company also plans to emit 859,826,390 units of the internal currency called AutoUnit (AU). Token Holders exchange the AutoTokens into platform’s internal currency AutoUnit and can pay for the services and merchandises with the discounts on the platform. AutoUnit can be also purchased and sold on the stock exchange. After the end of the ICO (Q2 2018) token holders will be able to exchange AutoToken for AutoUnit at the rate.
The company plans to sell 70% of its tokens. The rest will be spread between the participants of the bounty campaign, the project’s team and advisors.
AutoUnit’s Liquidity is Ensured by Several Factors:
Bonuses and Bounty
Bonuses are discounted prices at which AutoToken can be bought. There will be a separate discount on tokens at each step of the sale. Two types of discounts will be accepted: discounts for Partners of IAC and discounts for the rest of the buyers.
Currently, there are more than 600,000 users registered in the system, the annual turnover of the corporation equals $8, 3 million USD. Based on retrospective data on the growth of these numbers in early years, we can assume the following rate of growth in the coming 4–5 years:
The main driving forces behind the growth of these numbers should be:
The creation of a marketing strategy for development into foreign markets;
A marketing campaign developed based on the marketing strategy and media studies;
Regular monitoring of trends on the cashback platform markets, as well as on the markets of payment systems, FinTech, blockchain, and crowdfunding;
Expansion of the referral network, the perfection of advertising methods;
The technological advancement of the platform, new ways of using the blockchain technology.
IAC’s Payment System
Payments for all kinds of merchandise and services via an internal digital wallet;
Rewards for participation in our projects: Corporate University, Beauty Academy, and Real Estate
Purchase Crowdfunding Platform;
Rewards for participation in partners programs and status upgrades;
Issuing of co-brand cards in collaboration with Alfa-Bank.
1,500 partners. 10 offices opened. 250 suppliers in the network.
52 offices opened. Providing discounts in 94 cities.1,400 suppliers and 40 online stores in the network. Mobile app launch for partners. First Partnership Agreement with government agency unions .
105 offices opened. Providing discounts in 180 cities . 8000 suppliers and 60 online stores in the network. Issue of 2500 co-branded discount trade union cards.
Partnership agreements with unions of government agencies in Novosibirsk Region, Kemerovo Region, Krasnoyarsk Region.
Partnership Agreements with the Comms Union of Saint Petersburg and Leningrad Region, and public education unions of Krasnoyarsk Region.
VIP Club project launch. Investments .Real estate in Sochi and Krasnodar.
Opening of Health and Beauty Academy
Connection with Russian most popular mobile carriers Megafon, Beeline. The users’ registration is open. IAC’s first training workshop “Information policies of unions”
Opening registration in the mobile application for users. New service “Corporate mobile communications with cashback” is available.
More than 600,000 connected online stores, more than 70,000 partners. More than 600,000 registered users . Partnership Agreements with unions, scheme development for payment with internal balance. The platform offers more than 20 .000 goods and services.
Launch of IAC projects’ separate landing pages. Redistribution of the marketing budget to token sale. Launch of IAC’s mobile app for English speaking users. Addition to AppStore and GooglePlay. Connection of the users’ wallets who have purchased AutoToken and AutoUnit to the system for cryptocurrency payments for goods and services in the Russian Federation. Extension of the options for payment in different countries using internal funds (up to 200 types of payments).
JANUARY 25, 2018
AutoToken token presale start .
Implementation of goods and services payment options around the world using cryptocurrency
AutoUnit. YouTube channel modernization .
Video content revision, new videos shooting.Launch of the mobile app AutoBonus for English speaking users, release on GooglePlay and AppStore. Extension of payment options using internal balance (up to 500 payment types).Server upgrades. Massive SMM campaign.
Customers acquisition for partners, launch of intelligent search. Increase the users’ number up to 3,000,000. Increase of payment options in other countries as well as Russia and CIS countries using the internal balance to 1,000 types of payments.
Optimization of website and mobile app /English versions/. System launch for automatic search for suppliers using geolocation. Server upgrades. Extension of the payment options in different countries using internal balance (up to 10,000 types of payments). 5 million users in the system. Implementation of cash payments through Autobonus .
Launch of contactless payment through the application for Android. Full modernization of the SP Market in order for it to work with internal projects. Opening a bank NSCA, implementation of a system for payment with the internal balance of the user through Autobonus. More than 20,000 goods and services. Increasing the users’ number up to 8 million. Contactless payments for Android/Opening of a bank NSCA. 8,000,000 users.
2019: Launch of contactless payment through the application for iOS. Expanding of the payment service’s capabilities to include payments with cryptocurrencies. Extension of the options for payment in different countries using internal balance (up to 20,000 types of payment and 10,000,000users).
Launch of a new cashback platform for connecting online stores all over the world. Cashback in 650 international online stores .15,000,000 users.
20,000,000 users. Opening payment system branches in 10 countries of the world.
Meet The Amazing Team
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Till next time…
For more information, please visit:
White Paper :https://www.auto-club.io/#
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Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.