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carVertical (CV)

ICO

Global&decentralized car history registry built on Blockchain technology – carVertical (CV).

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Overview

Project industryTransport

Technical details

Ethereum ERC20 standard token.

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What is carVertical

carVertical collects large quantities of information from a lot of different trusted sources, organizes it in the form of records and stores it on the blockchain. carVertical feeds this information into carVertical data analysis stack, which, by using machine learning and advanced mathematical models, calculates the real value. Most of carVertical elements will be open sourced and carVertical system will be moving to full decentralization to preserve transparency. carVertical will incentivize and empower users to easily collect and get rewarded for the data they own. carVertical is using Merkle tree with Merkle reduce list to store final state of vehicle data in Ethereum.

carVertical registration process will include verifying the user’s identity to the public key of his wallet. carVertical users will have to use Civic (they will implement more identity services later) to verify their identity (they will not be handling any personal data).

carVertical vehicle owners will be able to pay using tokens they currently own and receive discounts according to the amount of tokens they hold. Marketplace will be built with Ardor (an evolved version of NXT) blockchain.

Details

Public sales: Dec 25, 2017 - Apr 05, 2018
Soft cap: 3,050ETH
Hard cap: 5,739,470 USD(fiat)
Raised: 19,941,250 USD

Legal

Country limitations: Estonia

Token info

Ticker: CV
Token price in USD: 1 CV = 0.00289228 USD
Token price in ETH: 1 Token = 0.000004 ETH
Accepted currencies: ETH
Token distribution:
43% ICO
14% Team
13% Founders
23% carVertical.Wallet early birds
1% Special coins
6% ICO organization, legal and incorporation expenses, payments for advisors, third-party services and marketing

carVertical Roadmap

1
2017 July

carVertical idea

2
2017 September

Started working on MVP

3
2017 October

Made 50,000 EUR self-investment

4
2017 December

Budget increased by additional 30,000 EUR self-investment

5
2017 December

MVP launch of car history pre-check

6
2017 December 26th

Start of ICO

7
2018 January

Start onboarding databases and registries of different countries

8
2018 January (end)

Alpha version of Wallet application: Power to the People

9
2018 March

Alpha version of API

10
2018 April 5th

End of ICO. In 6-16 weeks tokens will be listed on exchanges

11
2018 May

White label solution for biggest classifieds group in the Baltic states

12
2018 June

Start generating revenue

13
2018 July

First EU country with Reports product

14
2018 December

Beta version of Wallet application

15
2019 January

API product

16
2019

carVertical development continues in all directions

Project team

Audrius Kučinskas
Audrius Kučinskas
Co-Founder
Audrius Kučinskas linkedin
Robertas Boravskis
Robertas Boravskis
Co-Founder
Robertas Boravskis linkedin
Rokas Medonis
Rokas Medonis
Co-Founder
Rokas Medonis linkedin
Šarūnas Legeckas
Šarūnas Legeckas
Business Developer
Šarūnas Legeckas linkedin
Alex Nelkinas
Alex Nelkinas
Full Stack Engineer
Alex Nelkinas linkedin
Adomas Baltagalvis
Adomas Baltagalvis
Performance Marketing Specialist
Adomas Baltagalvis linkedin
Gediminas Cibulskis
Gediminas Cibulskis
Creative
Gediminas Cibulskis linkedin
Lukas Kukuraitis
Lukas Kukuraitis
UI/UX & Graphic Designer
Lukas Kukuraitis linkedin
Arūnas Vaitkus
Arūnas Vaitkus
Blockchain Engineer
Arūnas Vaitkus linkedin
Justinas Gulbinas
Justinas Gulbinas
System Administrator and Back-end Developer
Justinas Gulbinas linkedin
Martynas Kavaliauskas
Martynas Kavaliauskas
IoT Solutions Engineer
Martynas Kavaliauskas linkedin
Nerius Rutkauskas
Nerius Rutkauskas
Data Analyst and Software Developer
Nerius Rutkauskas linkedin
Nicolas Klaus
Nicolas Klaus
Ambassador (Germany)
Nicolas Klaus linkedin
Aleksandras Gaška
Aleksandras Gaška
Community Relations & Partnerships
Aleksandras Gaška linkedin

Advisors

John Mack
John Mack
President & CEO CIE Automotive China
John Mack linkedin
Jonas Udris
Jonas Udris
Deputy Director Lithuanian Center of Registers
Jonas Udris linkedin
Tadas Volbikas
Tadas Volbikas
CEO & Board Member Legator
Tadas Volbikas linkedin
Steve Chernysh
Steve Chernysh
Vice President Russian Automobile Dealers Association
Steve Chernysh linkedin
Anatoly Ressin
Anatoly Ressin
CEO BlockVis
Anatoly Ressin linkedin
Brian Dublin
Brian Dublin
CFO Sterling Eastern (Zug, Switzerland
Brian Dublin linkedin

Social media

carVertical web-sitecarVerticalYouTubecarVertical TelegramcarVertical InstagramcarVertical BTCTalkcarVertical LinkedIncarVertical TwittercarVertical Facebook

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