 | VinChain (VIN)ICO  VINchain (VIN) is a database that records all relevant information pertaining to vehicles. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is VinChain
The VINchain platform will offer a variety of services to different automotive market participants: car dealers, insurance companies, maintenance stations, banks and leasing companies. The most important product of the VINchain marketplace will be a database of vehicles through which all interested parties will be able to access information or a report about each particular car using its VIN number.
VINchain is developing a mobile app and a website for dealers, insurance companies and manufacturers, in addition to an API, White Label and a blockchain built on Graphene.
The application will provide users with offers on car maintenance, discounts on service, and assist in refueling and washing. Additionally, the app will help find a vehicle in a parking lot, or remotely control their vehicle. The VINchain application will also gather data on personal driving style, offer user more economical ways of driving, and offer discounts on insurance premiums.
The VINchain ecosystem will also have a system of rewards and ratings aimed at managing and verifying data. The higher the rating, the higher the reward distribution coefficient.
VINchain plans to store most of the information in centralized databases, then create a hash on each of them and store that hash in the blockchain.
DetailsPre-sales: Dec 01, 2017 - Dec 24, 2017Public sales: Feb 01, 2018 - Apr 15, 2018 Pre-sale token supply: 12,500,000 Token supply: 1,000,000,000 Total tokens for sale: 600,000,000 VIN Soft cap: 3,300 ETH Hard cap: 23,250 ETH Raised: 6,197,044 USD LegalBlockchain Platform: Graphene | Token infoTicker: VINType: Utility-token Token standard: ERC-20 Token price in USD: 1 VIN= 0.0513085 USD Token price in ETH: 1 Token = 0.000050 ETH Accepted currencies: ETH, BTC, LTC, DASH Bonus program: Step 1 + 40% Step 2 + 25% Step 3 + 20% Step 4 + 15% Step 5 +10% Step 6 +5% Token distribution: 60% Token sale 25% Reserved among founders, consultants and other members of the team 8.75% Reserved 5% Reserved for the advisory board 1.25% Reserved for early token purchasers Funds allocation: 26% Project development 25% VINchain product and VINchain network infrastructure development 20% Marketing expenses 10% Integration of partner projects 6% VINchain, VINchain network and VINchain Power Plant development 5% Law expenses 5% Legal service expenses, organization setup and their activity, chosen as service providers for Vinchain network 1% Vinchain Power Plant development and developers platform promotion 1% Study 0,3% Activity expenses 0,3% Other administrative goals 0,2% Account expenses 0,2% Recruitment |
VinChain Roadmap
Start of the project.
Successfully completed VINchain Pre-ICO.
Development of MVPs: VINchain Vehicle Passport and App.
Successfully completed VINchain ICO.
Alpha version of the VINchain Blockchain.
Beta version of the VINchain Blockchain, VINchain API, VINchain blockchain explorer, VINchain wallet, VINchain app and VINchain report.
Developed the IoT VINchain connected car device. Improved fleet tracking and VINchain app. Partnered with additional data providers.
Market ready version of the fleet tracking platform and VINchain app. Additional blockchain functionality - custom whitelabeled tokens for large automotive industry partners.
VINchain token payment gateway - ability to purchase VINchain goods and services using VINchain tokens through online portals.
Redevelopment of the VINchain Vehicle Passport. Expansion and integration of the VINchain data marketplace throughout dealer groups in the USA.
Project team
Advisors
Social media
MVP
