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Author Topic: Vehicle Lifecycle Blockchain (VLB)  (Read 107 times)
NashGeo (OP)
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February 13, 2018, 04:19:17 PM
 #1

Hello everyone. I've been looking at VLB recently and I can say that I'm quite imperssed. I've personally invested in VeChain and I used to like them until the drama came up with their github and so on.  VLB looks like a great competitor. I saw that the team is made up of IMB and QIWI employees so they are looking stable right now.
Soft cap is 4 milion which is not impossible but their minimum investment for the whole ICO is 0.5 ETH so that's aiming for a higher group considering the ICO average investor puts in around 100$.
 I've been a fan of auto industry coins for a while since I'm waiting for some of them to actually take over and save people all the money they promise to save. We know that insurance fraud and car parts are problems for car owners and we hope to see that they're resolved soon. I'm fairly familiar with VLB but I would love to hear some Feedback from you guys, where are you staying with VLB ?
 I hear that they're about to partner with IBM ... anyone can confirm that ?
HODLer4lyfe
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February 13, 2018, 04:52:31 PM
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So far everything I've seen is good. They have great connections and they're keeping it ERC20. There're rumors that they're testing something similar to a masternode but yet to be tested out. I've read lots about their platform and I've come to a conclusion that they are kinda legit.
Vehicle Lifecycle Blockchain (VLB) is a comprehensive decentralized registry where information about vehicle ownership, insurance history, repairs, and maintenance records
will be recorded through the use of VLB Tokens. VLB Tokens are utility tokens that will be issued in accordance with the ERC-20 standard. VLB Tokens will be used by Data Owners
to record transaction entries on the blockchain as proposed by Industry Participants (Data Contributors), and to distribute commissions paid to Miners by parties to a transaction, for processing such transactions.


Would love to know any extra info
PeterDonklage
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February 13, 2018, 05:03:07 PM
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I'm interested in them but I can't say that I've invested into a lot of ICOs so far. I've been a little bitter with how ICOs turn out so I really hope that these guys don't turn me down.  I'm planning to put 1 ETH into them. I Drive a subaru forester and I need insurance and my friends told me that this might cover my costs for the next years.
Thanks
Deimos6695
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February 13, 2018, 05:39:14 PM
 #4

I think they have a great future. Blockchain can do a lot of good in car industry, and they are on the good path. I didnt like CarVertical or VinChain but i do like VLB. They have great partners and thats promising.
thekrnpride
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February 13, 2018, 05:39:38 PM
 #5

Definitely one of the icos to keep tabs on in 2018. I am not 100% sure in investing in this quite yet but im almost reaching that point due to the fact that they are revolutionizing the automotive industry. Transparency at its finest to benefit all parties.
levfevzi
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February 13, 2018, 06:02:05 PM
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Hey Nash I agree, I think 0.5 ETH is a little high.
But I guess if it works out, there can be some money to be maid.  Roll Eyes
Sri1267
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February 13, 2018, 06:46:41 PM
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Can someone post the website link? Thanks in advance!
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