If someone told you a few years ago that you will once consider investing in blockchain technology, the chances are you would have laughed at their naivety. However, now the tables have turned. Blockchain and cryptocurrency, two of the riskiest inventions of the past, are now being slowly considered as being a great asset to invest in.
Why so? This is because of the growth the blockchain sector is experiencing. It is projected to have a $60 billion market value by 2020. For a technology that was created a less than a decade ago, this is undoubtedly impressive. While previously blockchain was only limited to Bitcoin, now you see various solutions implementing the technology. One such answer is the AutoBlock.
Just like in IPO, where organizations sell their company shares to investors, the AutoBlock does the same via ICO. Those who invest in the ICO are provided with crowd sales, which is a type of return on investment. Choosing a quality ICO is very important to ensure that you don’t end up losing your money.
If you are thinking of investing in AutoBlock’s ICO, you don’t need to worry about this. This is because you can trust its ICO. Here is why.
The automotive industry is set to grow
Whether or not you end up realizing profits on your investment depends on whether the company you invest in is developing and is profitable or not. The AutoBlock targets the automotive industry specifically. It delivers a blockchain based platform for buying and selling cars. It also provides a cryptocurrency for the platform to carry out transactions without the need of a financial intermediary. The automotive industry is experiencing tremendous growth. 81.5 million units of cars were sold in 2018 alone. So, not only is the solution unique, but it is also concentrated in a profitable industry.
The solution offered is revolutionary
AutoBlock has the first mover advantage. It is the first company to provide a blockchain based solution to the automotive sector. Many believe that the solution can revolutionize the way transactions occur. When you consider how it is encouraging p2p selling and transcending borders, this is easy to visualize. The fact that the solution offered is transforming the automotive sector as we know it showcases the immense potential AutoBlock has. And as it succeeds, your ROI will increase.
AutoBlock is keen on transparency
One of the biggest reasons why you should trust the AutoBlock is the company’s commitment to being transparent. If you peruse the whitepaper offered by the company, it is apparent that they believe in keeping their investors on the loop. The company is known to engage with its community and keep them updated about any news that affects them. Transparency is the biggest determinant of trust, and the AutoBlock has ensured it.
The masterminds behind the AutoBlock are experts in the field of the blockchain. The fact that the team knows what they are doing means that your funds are in good hands. This also helps in building trust. Since the team has the expertise to realize their vision, one can expect the AutoBlock to grow.
Invest in the AutoBlock’s ICO. Jump on the bandwagon early to realize profits. Many are predicting that the solution will reap enormous profits for the company. You will want to be a part of it if that happens. Regardless of whether or not you decide to invest in its ICO, the fact remains that of all the ICO’s available, AutoBlock’s ICO is undoubtedly trustworthy.