Powered by AI and blockchain technology for frictionless, faster, and secure transactions
We are on a mission to reinvent car transactions with cutting-edge technologies such as Web 3.0/Blockchain and AI/ML that make buying and selling process frictionless and secure for car buyers and sellers.
To eliminate the paperwork hassles associated with buying and selling cars, such as title transfers, registration, and bill of sale, by transforming them into secure and verifiable NFTs (Non-Fungible Tokens).
Selling and buying used vehicles can be a challenging and stressful process requiring both parties' careful consideration. Numerous moving parts are involved in completing a successful car transaction.
Marketing a used vehicle can be costly and time-consuming, as sellers may need to invest in creating online ads or paying to list the vehicle in classifieds, in addition to taking high-quality photos of the vehicle.
Meeting with strangers for test drives can be a nerve-wracking experience. The sellers and buyers need to ensure their personal safety when test driving the car. It can also be difficult to coordinate schedules and make arrangements for the test drive.
Buyers of used vehicles must ensure that the seller's information about the vehicle is accurate and not misleading. They may need to conduct their own research or hire a professional to inspect the vehicle. Buyers must also be cautious of scams and false advertising.
Private buyers and sellers of used vehicles may struggle to find a secure payment method, relying on traditional methods like cash or certified checks. However, these can be risky, and online payment options or escrow services are more secure. Both parties have to carefully consider their options and protect themselves from potential scams or disputes.
The paperwork involved in selling and buying used vehicles is time-consuming and complicated. It requires careful attention to detail and can lead to legal consequences or delays if errors occur.
AZOTTO aims to simplify vehicle transactions with a two-phase platform build that eliminates current auction platform issues and streamlines the process, making it as easy as ordering from Amazon.
We will build a C2B auction marketplace for private sellers to sell or trade-in vehicles directly to licensed dealerships on the platform. The AZOTTO auction platform connects private sellers to dealerships to bid on their vehicles to get them the best price without the hassle.
Our platform will advance to a C2C (consumer-to-consumer or peer-to-peer) business model in the this development phase, enabling users to buy and sell vehicles online with ease and security. We plan to partner with state regulatory bodies for vehicle registration and title regulations, with the aim of replacing physical paperwork with NFTs.
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