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Velooxa

A decentralized platform for buying, selling, and auctioning cars, integrated with DIMO. Users can securely list, bid, and purchase vehicles using blockchain technology. All data is stored on IPFS, ensuring privacy, transparency, and ownership proof through NFTs.

Velooxa

Created At

ETHOnline 2024

Project Description

Our decentralized car marketplace leverages blockchain technology and DIMO to revolutionize car buying, selling, and auctions. Users can securely list, buy, or auction vehicles with full transparency, avoiding intermediaries and ensuring direct peer-to-peer transactions. Each car’s data, including performance and history, is authenticated through DIMO, providing verified vehicle insights. Smart contracts enable safe, automated transactions, while IPFS stores car details like photos. The platform also offers auctions where users can bid with cryptocurrencies. With decentralized ownership and trustless systems, we bring efficiency and security to the automotive industry.

How it's Made

Our decentralized car marketplace leverages blockchain technology and DIMO to revolutionize car buying, selling, and auctions. Users can securely list, buy, or auction vehicles with full transparency, avoiding intermediaries and ensuring direct peer-to-peer transactions. Each car’s data, including performance and history, is authenticated through DIMO, providing verified vehicle insights. Smart contracts enable safe, automated transactions, while IPFS stores car details like photos. The platform also offers auctions where users can bid with cryptocurrencies. With decentralized ownership and trustless systems, we bring efficiency and security to the automotive industry.

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