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Topic: [ANN][ICO] VLB - The Ultimate Blockchain Fuel for the Vehicle Lifecycle Industy - page 81. (Read 49095 times)

copper member
Activity: 168
Merit: 10
Vehicle Lifecycle Blockchain - vlb.io
I have a question about token distribution.

Quote
20M Private Placement

This is your tokens? They will be locked for some time?

No, this is tokens for institutional investors. They woldn't be lock, but all of this institutional investors are our long-term partners of the project.
sr. member
Activity: 1022
Merit: 252
First 6 days of crodsale have 30% bonus? This is almost the same  bonus like on pre-sale  Smiley

Well, the bonus for the pre sale is 40% and it seems like you can still join the whitelist

BONUS 40%
PRE-SALE NOVEMBER 22-26

He needs 100 eth for it.

I wanted to join but it is too high for me.


Holy cow that is a lot of money. People can only join that if they make a group I guess. A group of 10 people could contribute 10 ETH each. I am not suggesting anything here, just having ideas

That's not a bad idea.. you would need an escrow for this. Else there would be 2 much trust-issues I guess.

It is better to wait for the crowdsale if we, as low budgeters people, wanted to take part on this project. Tbh, 100 eth is a big amount of money that I can't afford to lose.
sr. member
Activity: 1372
Merit: 259
I have a question about token distribution.

Quote
20M Private Placement

This is your tokens? They will be locked for some time?
copper member
Activity: 168
Merit: 10
Vehicle Lifecycle Blockchain - vlb.io
⚡️We're glad to inform you that we have passed the audit of the smart contracts by Hosho Group. So now we're completely ready for the pre-sale.

This is audit summery:

 The scope of this audit was to analyze and document VLB’s token contract codebase for quality, security, and correctness.

 Aside from small numerical discrepancies between the whitepaper and the code, the VLB Token is a compatible ERC-20 token with a few additions to make usage easier from the crowdsale contracts and for the bounty program.

 The VLB Crowdsale contract is a stable, sane contract with good protections, and a sensible tranche system that closely matches the documented version available in the whitepaper.

 The VLB Vault is a well written contract with no major issues, handling the state of the contract in a safe, sane manner, allowing for one of two branches to be executed at any time, ensuring that the vault state can not be changed between closed and refund enabled.

 The Hosho team has been very pleased working with the VLB team, and their interest and eagerness to both comply with ERC-20 expectations, as well as adding good cleanup functions to the code.

 It should be noted that this audit is not an endorsement of the reliability or effectiveness of the contract, merely an assessment of its logic and implementation.

Read about it on our medium channel https://medium.com/vlb-token/smart-contract-audit-report-f67d2adb9d48.

We'll share the full report very soon. Stay tuned!
full member
Activity: 364
Merit: 100
First 6 days of crodsale have 30% bonus? This is almost the same  bonus like on pre-sale  Smiley

Well, the bonus for the pre sale is 40% and it seems like you can still join the whitelist

BONUS 40%
PRE-SALE NOVEMBER 22-26

He needs 100 eth for it.

I wanted to join but it is too high for me.


Holy cow that is a lot of money. People can only join that if they make a group I guess. A group of 10 people could contribute 10 ETH each. I am not suggesting anything here, just having ideas



You need to understand that 100 ETH it is a min bid at the pre-sale stage. At the ICO min bid = 1 ETH


With this bonus, early investors immediately after ICO will sell tokens cheaper to make a profit. And these sales will last a long time, the price of the tokens will go down. Small investors are not profitable to buy on ICO even with bonuses, especially in recent periods.

Have a look at the bonus structure. It is possible to have only 10 percent less bonus with a min investment of 1eth (instead of 100eth). This is great in my oppionion, in other cases it would be 40+ percent bonus for 100eth presale.
hero member
Activity: 784
Merit: 1416
Don't miss the date!!!
VLB Token pre-sale starts on November, 22 and will last until the time of the ICO launch on November, 27.

Is it possible to see in real time the amount that will be collected during this period?
newbie
Activity: 23
Merit: 0
Don't miss the date!!!
VLB Token pre-sale starts on November, 22 and will last until the time of the ICO launch on November, 27.
sr. member
Activity: 798
Merit: 262
The offered platform is great for the convenience of car owners and car business people who use blockchain technology as a transaction base .. good idea

it is indeed but most of the vehicle owners will be having a hard time understanding the project.

I think they wont even have to worry about it. It will be everything behind an easy to use user interface

they will probably not even have to use it. the auto shops will access the info stored in the block chain, as well as VLB

Convincing someone to change the way they are used to work is the hardest thing like the auto shops. They need to understand it's benefits and for that VLB team need to educate them.
sr. member
Activity: 616
Merit: 263
First 6 days of crodsale have 30% bonus? This is almost the same  bonus like on pre-sale  Smiley

Well, the bonus for the pre sale is 40% and it seems like you can still join the whitelist

BONUS 40%
PRE-SALE NOVEMBER 22-26

He needs 100 eth for it.

I wanted to join but it is too high for me.


Holy cow that is a lot of money. People can only join that if they make a group I guess. A group of 10 people could contribute 10 ETH each. I am not suggesting anything here, just having ideas

That's not a bad idea.. you would need an escrow for this. Else there would be 2 much trust-issues I guess.
hero member
Activity: 1736
Merit: 857
First 6 days of crodsale have 30% bonus? This is almost the same  bonus like on pre-sale  Smiley

Well, the bonus for the pre sale is 40% and it seems like you can still join the whitelist

BONUS 40%
PRE-SALE NOVEMBER 22-26

He needs 100 eth for it.

I wanted to join but it is too high for me.


Holy cow that is a lot of money. People can only join that if they make a group I guess. A group of 10 people could contribute 10 ETH each. I am not suggesting anything here, just having ideas



You need to understand that 100 ETH it is a min bid at the pre-sale stage. At the ICO min bid = 1 ETH


With this bonus, early investors immediately after ICO will sell tokens cheaper to make a profit. And these sales will last a long time, the price of the tokens will go down. Small investors are not profitable to buy on ICO even with bonuses, especially in recent periods.
full member
Activity: 224
Merit: 100
Become Part of the Mining Family
First 6 days of crodsale have 30% bonus? This is almost the same  bonus like on pre-sale  Smiley

Well, the bonus for the pre sale is 40% and it seems like you can still join the whitelist

BONUS 40%
PRE-SALE NOVEMBER 22-26

He needs 100 eth for it.

I wanted to join but it is too high for me.


Holy cow that is a lot of money. People can only join that if they make a group I guess. A group of 10 people could contribute 10 ETH each. I am not suggesting anything here, just having ideas



You need to understand that 100 ETH it is a min bid at the pre-sale stage. At the ICO min bid = 1 ETH


I guess I have to wait for the ICO to participate with the token sales Cheesy
copper member
Activity: 168
Merit: 10
Vehicle Lifecycle Blockchain - vlb.io
First 6 days of crodsale have 30% bonus? This is almost the same  bonus like on pre-sale  Smiley

Well, the bonus for the pre sale is 40% and it seems like you can still join the whitelist

BONUS 40%
PRE-SALE NOVEMBER 22-26

He needs 100 eth for it.

I wanted to join but it is too high for me.


Holy cow that is a lot of money. People can only join that if they make a group I guess. A group of 10 people could contribute 10 ETH each. I am not suggesting anything here, just having ideas



You need to understand that 100 ETH it is a min bid at the pre-sale stage. At the ICO min bid = 1 ETH
copper member
Activity: 168
Merit: 10
Vehicle Lifecycle Blockchain - vlb.io
According to the whitepaper, the biggest cost savings comes from warranty costs due to poor dealer / repair shop management and processes. It refers to this web page:

http://www.warrantyweek.com/archive/ww20160107.html

That is quite a puzzling article, at least for me as an outsider of the automotive warranty industry. How does it explain customers are overpaying for warranty due to poor dealer / repair shop management and processes?

I don't understand it too, however it's true that there's no trasparency about the spare parts market, as far as we know a repair shop can put in your car second handed spare parts and you can do nothing about it
This is our blockchain about, you will definitely know that the part installed in your car wasn't in use. If it was it will be written in the blockchain.

I still do not understand the relation between that article and the 105 USD too high warranty costs per customer. There is nothing about repair shops defrauding with spare parts in the article.
Information about every spare part sold will be written in the blockchain, for example, if you bring your car to the service to change brakes, the supply writes info about that they sold brakes to your car service (with part number), car service writes the date about brakes were installed on your car. So you can be sure it is the new brakes and not the used ones cause there's information about them written in the blockchain.

How can the end user check about that what is written in the blockchain is truly that what happened? Is there a chance to check yourself about it?


This is the benefit of the blockchain. The carowner at all times have free access to the entire information about his car.
copper member
Activity: 168
Merit: 10
Vehicle Lifecycle Blockchain - vlb.io
First 6 days of crodsale have 30% bonus? This is almost the same  bonus like on pre-sale  Smiley

Pre-sale ahead of the ICO, Nov 22-26: bonus 40%, minimum investment 100ETH
For early investors of ICO, there are special bonuses up to 30%.
Bonuses will depend on sale dates
* Stage 1 – from 27.11 until 01.12 –  650 VLB for 1 ETH  + bonus of 195 VLB  – Total 845 VLB  for 1 ETH
* Stage 2 – from 02.12 until 06.12 –  650 VLB for 1 ETH + bonus of 130 VLB  –  Total 780 VLB for 1 ETH
* Stage 3 – from 07.12 until 11.12 – 650 VLB for 1 ETH + bonus of 65 VLB  – Total 715 VLB for 1 ETH
* Stage 4 – from 12.12 until 17.12 –  650 VLB for 1 ETH.

Thank you for this list.

Is there any private investors/groups that already invested in VLB? If Yes, what was the discounts given to them?

Same 40%, 1 ETH = 910 VLB. A total of 32.000 ETH was investorowned
full member
Activity: 224
Merit: 100
Become Part of the Mining Family
First 6 days of crodsale have 30% bonus? This is almost the same  bonus like on pre-sale  Smiley

Well, the bonus for the pre sale is 40% and it seems like you can still join the whitelist

BONUS 40%
PRE-SALE NOVEMBER 22-26

He needs 100 eth for it.

I wanted to join but it is too high for me.


Holy cow that is a lot of money. People can only join that if they make a group I guess. A group of 10 people could contribute 10 ETH each. I am not suggesting anything here, just having ideas
member
Activity: 140
Merit: 10
First 6 days of crodsale have 30% bonus? This is almost the same  bonus like on pre-sale  Smiley

Pre-sale ahead of the ICO, Nov 22-26: bonus 40%, minimum investment 100ETH
For early investors of ICO, there are special bonuses up to 30%.
Bonuses will depend on sale dates
* Stage 1 – from 27.11 until 01.12 –  650 VLB for 1 ETH  + bonus of 195 VLB  – Total 845 VLB  for 1 ETH
* Stage 2 – from 02.12 until 06.12 –  650 VLB for 1 ETH + bonus of 130 VLB  –  Total 780 VLB for 1 ETH
* Stage 3 – from 07.12 until 11.12 – 650 VLB for 1 ETH + bonus of 65 VLB  – Total 715 VLB for 1 ETH
* Stage 4 – from 12.12 until 17.12 –  650 VLB for 1 ETH.

Thank you for this list.

Is there any private investors/groups that already invested in VLB? If Yes, what was the discounts given to them?
full member
Activity: 336
Merit: 112
According to the whitepaper, the biggest cost savings comes from warranty costs due to poor dealer / repair shop management and processes. It refers to this web page:

http://www.warrantyweek.com/archive/ww20160107.html

That is quite a puzzling article, at least for me as an outsider of the automotive warranty industry. How does it explain customers are overpaying for warranty due to poor dealer / repair shop management and processes?

I don't understand it too, however it's true that there's no trasparency about the spare parts market, as far as we know a repair shop can put in your car second handed spare parts and you can do nothing about it
This is our blockchain about, you will definitely know that the part installed in your car wasn't in use. If it was it will be written in the blockchain.

I still do not understand the relation between that article and the 105 USD too high warranty costs per customer. There is nothing about repair shops defrauding with spare parts in the article.
Information about every spare part sold will be written in the blockchain, for example, if you bring your car to the service to change brakes, the supply writes info about that they sold brakes to your car service (with part number), car service writes the date about brakes were installed on your car. So you can be sure it is the new brakes and not the used ones cause there's information about them written in the blockchain.

How can the end user check about that what is written in the blockchain is truly that what happened? Is there a chance to check yourself about it?
full member
Activity: 588
Merit: 100
The offered platform is great for the convenience of car owners and car business people who use blockchain technology as a transaction base .. good idea

it is indeed but most of the vehicle owners will be having a hard time understanding the project.

I think they wont even have to worry about it. It will be everything behind an easy to use user interface

they will probably not even have to use it. the auto shops will access the info stored in the block chain, as well as VLB
copper member
Activity: 168
Merit: 10
Vehicle Lifecycle Blockchain - vlb.io
Hi why did this Ico set hard cap too high? Will investors have profit if this ico reach that hardcap?  Roll Eyes

On what will spent income from the ICO? For the development of our own blockchain, on software development for industry players and further expansion of the existing ecosystem CarFix. And also attracting new members worldwide ,not only in Russia and USA
sr. member
Activity: 616
Merit: 263
Where you want to implement your project in real life? I mean in which country?

In the white paper and in the videos they will target Russia and the US first.
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