[ANN][ICO] VLB - The Ultimate Blockchain Fuel for the Vehicle Lifecycle Industy

[hicaribou]

1 day left for the ico sale. i wonder if they will hit the soft cap and how long it will take

Their soft-cap is 25 000 ETH. Do you know if they already surpassed it by the investments they got so far from the private investors?

Yes, we received overwhelming support and are on-track to execute additional commitments for over 20,000 ETH ahead of the ICO. Together with the current commitments of 12,000 ETH we are already above our minimum floor of 25,000 ETH.

Good, glad to know that this project is just looking for additional funds now.

[PS92]

1 day left for the ico sale. i wonder if they will hit the soft cap and how long it will take

Their soft-cap is 25 000 ETH. Do you know if they already surpassed it by the investments they got so far from the private investors?

Yes, we received overwhelming support and are on-track to execute additional commitments for over 20,000 ETH ahead of the ICO. Together with the current commitments of 12,000 ETH we are already above our minimum floor of 25,000 ETH.

Good, glad to know that this project is just looking for additional funds now.

Cool, but please don't raise more money than you need, just because you can.

[KryptoTark]

I think the bonus during pre sale and ico is pretty fair. 40% for pre sale investors is very nice, but only for big investors, and we will have 30% bonus during the ico, the difference is not so big i think it’s pretty fair for investors. VLB handle that part very well.

In this regard, the team has perfectly picked up bonuses, this distribution of bonuses is fair for all.

i think 30% is very fair for early investors. Less discount actually reduce the chance of dump after end of ICO

yes, not like kickico at least. they had like 60-80% bonus for investors in the pre-sale and now look where the price of 1 kicktoken now is...

Well , that token also doesnt have good value, no wonder the price is falling.

How are VLB tokens used? What makes their value go up?

[magisterr]

i heared about an partnership with VW where can i find more details?

sent you a PM

Is there a reason, why you only answer this in a PM? I think it would be better if you can do it in public and post it here in the thread. I am sure more are interested in the answer.

Of course, as soon as we are ready for an official announce and confirmation. But it is necessary to wait a little bit more.

Okay, I understand. Do you know if you can officially announce it before the ICO will start in 2 days? Or about how much time we are talking, that we have to wait?

Sorry, can't say exact terms 
The only thing is that at the moment partnership is in the special privileges in dealing of CarFix with carowners and dealers of VW.
We plan to onboard VW to VLB as soon as we get alpha version.

When you will have alpha version? Before token sale I hope?

Alpha version is planned for June 2018, but I'm sure information about VW will be much earlier.

Why so long to launch alpha? 
What information about VW you mean? About partnership?

[VLB_token]

I think the bonus during pre sale and ico is pretty fair. 40% for pre sale investors is very nice, but only for big investors, and we will have 30% bonus during the ico, the difference is not so big i think it’s pretty fair for investors. VLB handle that part very well.

In this regard, the team has perfectly picked up bonuses, this distribution of bonuses is fair for all.

i think 30% is very fair for early investors. Less discount actually reduce the chance of dump after end of ICO

yes, not like kickico at least. they had like 60-80% bonus for investors in the pre-sale and now look where the price of 1 kicktoken now is...

Well , that token also doesnt have good value, no wonder the price is falling.

How are VLB tokens used? What makes their value go up?

We are building a Blockchain platform to record all information about cars during their whole life cycle. People will need our tokens to record the information into the blockchain.

VLB Tokens will appreciate based on the level of demand, which will be underpinned by the extent of Vehicle Lifecycle Blockchain promulgation among the industry participants.  Such demand will drive VLB Token turnover through the system.  However, since VLB Token payments to Proof-of-Stake Nodes will represent a certain transaction cost for Paying Participants, the appreciation of VLB Tokens will plateau at a level of maximum acceptability to the Paying Participants.

[VLB_token]

i heared about an partnership with VW where can i find more details?

sent you a PM

Is there a reason, why you only answer this in a PM? I think it would be better if you can do it in public and post it here in the thread. I am sure more are interested in the answer.

Of course, as soon as we are ready for an official announce and confirmation. But it is necessary to wait a little bit more.

Okay, I understand. Do you know if you can officially announce it before the ICO will start in 2 days? Or about how much time we are talking, that we have to wait?

Sorry, can't say exact terms 
The only thing is that at the moment partnership is in the special privileges in dealing of CarFix with carowners and dealers of VW.
We plan to onboard VW to VLB as soon as we get alpha version.

When you will have alpha version? Before token sale I hope?

Alpha version is planned for June 2018, but I'm sure information about VW will be much earlier.

Why so long to launch alpha? 
What information about VW you mean? About partnership?

That's not for long.

Yes, additional information about partnership with VW.

[hicaribou]

i heared about an partnership with VW where can i find more details?

sent you a PM

Is there a reason, why you only answer this in a PM? I think it would be better if you can do it in public and post it here in the thread. I am sure more are interested in the answer.

Of course, as soon as we are ready for an official announce and confirmation. But it is necessary to wait a little bit more.

Okay, I understand. Do you know if you can officially announce it before the ICO will start in 2 days? Or about how much time we are talking, that we have to wait?

Sorry, can't say exact terms 
The only thing is that at the moment partnership is in the special privileges in dealing of CarFix with carowners and dealers of VW.
We plan to onboard VW to VLB as soon as we get alpha version.

When you will have alpha version? Before token sale I hope?

Alpha version is planned for June 2018, but I'm sure information about VW will be much earlier.

Why so long to launch alpha? 
What information about VW you mean? About partnership?

That's not for long.

Yes, additional information about partnership with VW.

I think more than 7 months from now is a reasonable time frame for Alpha phase development considering the platform's complexity and testing routines that will be implemented before it will be released.

But as far as as i know, when the ICO date and the alpha version launch date are far apart.
Then the price of the token can fall below ico price before the alpha version launch, it will happen if there is no interesting move/news in this gap.
Im not so sure about this but this is what i see from some projects so far.

[Briian007]

This project have great idea to deploy, team members are active and have lots of experiment. I suggest to invest this project. 

[Yasemin]

I saw VLB had an audit by Hosho and wants to share the full report. https://medium.com/vlb-token/smart-contract-audit-report-f67d2adb9d48

When will the report be available?

[VLB_token]

I saw VLB had an audit by Hosho and wants to share the full report. https://medium.com/vlb-token/smart-contract-audit-report-f67d2adb9d48

When will the report be available?

We can't say the exact date yet. But we will definitely share it with you

[Yasemin]

I saw VLB had an audit by Hosho and wants to share the full report. https://medium.com/vlb-token/smart-contract-audit-report-f67d2adb9d48

When will the report be available?

We can't say the exact date yet. But we will definitely share it with you

Thanks! Really appreciate your transparency until now. Looking forward to reading the full audit report

[KryptoTark]

I think the bonus during pre sale and ico is pretty fair. 40% for pre sale investors is very nice, but only for big investors, and we will have 30% bonus during the ico, the difference is not so big i think it’s pretty fair for investors. VLB handle that part very well.

In this regard, the team has perfectly picked up bonuses, this distribution of bonuses is fair for all.

i think 30% is very fair for early investors. Less discount actually reduce the chance of dump after end of ICO

yes, not like kickico at least. they had like 60-80% bonus for investors in the pre-sale and now look where the price of 1 kicktoken now is...

Well , that token also doesnt have good value, no wonder the price is falling.

How are VLB tokens used? What makes their value go up?

We are building a Blockchain platform to record all information about cars during their whole life cycle. People will need our tokens to record the information into the blockchain.

VLB Tokens will appreciate based on the level of demand, which will be underpinned by the extent of Vehicle Lifecycle Blockchain promulgation among the industry participants.  Such demand will drive VLB Token turnover through the system.  However, since VLB Token payments to Proof-of-Stake Nodes will represent a certain transaction cost for Paying Participants, the appreciation of VLB Tokens will plateau at a level of maximum acceptability to the Paying Participants.

It gets a bit confusing now... So people will have to buy vlb tokens, but car service places are the ones that log everything that's done to the car into your system?

So how will this work? a car owner buys our tokens, then pays with the tokens to get a place for his car in your blackchain? Why couldn't the car dealers just deal with all this?
can he only use specific mechanic shops? 

[VLB_token]

I think the bonus during pre sale and ico is pretty fair. 40% for pre sale investors is very nice, but only for big investors, and we will have 30% bonus during the ico, the difference is not so big i think it’s pretty fair for investors. VLB handle that part very well.

In this regard, the team has perfectly picked up bonuses, this distribution of bonuses is fair for all.

i think 30% is very fair for early investors. Less discount actually reduce the chance of dump after end of ICO

yes, not like kickico at least. they had like 60-80% bonus for investors in the pre-sale and now look where the price of 1 kicktoken now is...

Well , that token also doesnt have good value, no wonder the price is falling.

How are VLB tokens used? What makes their value go up?

We are building a Blockchain platform to record all information about cars during their whole life cycle. People will need our tokens to record the information into the blockchain.

VLB Tokens will appreciate based on the level of demand, which will be underpinned by the extent of Vehicle Lifecycle Blockchain promulgation among the industry participants.  Such demand will drive VLB Token turnover through the system.  However, since VLB Token payments to Proof-of-Stake Nodes will represent a certain transaction cost for Paying Participants, the appreciation of VLB Tokens will plateau at a level of maximum acceptability to the Paying Participants.

It gets a bit confusing now... So people will have to buy vlb tokens, but car service places are the ones that log everything that's done to the car into your system?

So how will this work? a car owner buys our tokens, then pays with the tokens to get a place for his car in your blackchain? Why couldn't the car dealers just deal with all this?
can he only use specific mechanic shops?  

You should understand that the auto owner will pay a recording fee only when the car is purchased. Further, he uses only the advantages of the system. He can at any time review and provide the entire transparent history of his car.

But that this transparency and the fullness of history woldn't be lost - yes, he will have to use the participants of our platform. But it will do him good too. For having such a history, he will be able to increase the price of his car for resale.

[KryptoTark]

I think the bonus during pre sale and ico is pretty fair. 40% for pre sale investors is very nice, but only for big investors, and we will have 30% bonus during the ico, the difference is not so big i think it’s pretty fair for investors. VLB handle that part very well.

In this regard, the team has perfectly picked up bonuses, this distribution of bonuses is fair for all.

i think 30% is very fair for early investors. Less discount actually reduce the chance of dump after end of ICO

yes, not like kickico at least. they had like 60-80% bonus for investors in the pre-sale and now look where the price of 1 kicktoken now is...

Well , that token also doesnt have good value, no wonder the price is falling.

How are VLB tokens used? What makes their value go up?

We are building a Blockchain platform to record all information about cars during their whole life cycle. People will need our tokens to record the information into the blockchain.

VLB Tokens will appreciate based on the level of demand, which will be underpinned by the extent of Vehicle Lifecycle Blockchain promulgation among the industry participants.  Such demand will drive VLB Token turnover through the system.  However, since VLB Token payments to Proof-of-Stake Nodes will represent a certain transaction cost for Paying Participants, the appreciation of VLB Tokens will plateau at a level of maximum acceptability to the Paying Participants.

It gets a bit confusing now... So people will have to buy vlb tokens, but car service places are the ones that log everything that's done to the car into your system?

So how will this work? a car owner buys our tokens, then pays with the tokens to get a place for his car in your blackchain? Why couldn't the car dealers just deal with all this?
can he only use specific mechanic shops?  

You should understand that the auto owner will pay a recording fee only when the car is purchased. Further, he uses only the advantages of the system. He can at any time review and provide the entire transparent history of his car.

But that this transparency and the fullness of history woldn't be lost - yes, he will have to use the participants of our platform. But it will do him good too. For having such a history, he will be able to increase the price of his car for resale.

Oh I see, so it's a one time payment when purhcasing a car. 

Can other car service providers also become service providers in your platform? What are the requirements?

[VLB_token]

I think the bonus during pre sale and ico is pretty fair. 40% for pre sale investors is very nice, but only for big investors, and we will have 30% bonus during the ico, the difference is not so big i think it’s pretty fair for investors. VLB handle that part very well.

In this regard, the team has perfectly picked up bonuses, this distribution of bonuses is fair for all.

i think 30% is very fair for early investors. Less discount actually reduce the chance of dump after end of ICO

yes, not like kickico at least. they had like 60-80% bonus for investors in the pre-sale and now look where the price of 1 kicktoken now is...

Well , that token also doesnt have good value, no wonder the price is falling.

How are VLB tokens used? What makes their value go up?

We are building a Blockchain platform to record all information about cars during their whole life cycle. People will need our tokens to record the information into the blockchain.

VLB Tokens will appreciate based on the level of demand, which will be underpinned by the extent of Vehicle Lifecycle Blockchain promulgation among the industry participants.  Such demand will drive VLB Token turnover through the system.  However, since VLB Token payments to Proof-of-Stake Nodes will represent a certain transaction cost for Paying Participants, the appreciation of VLB Tokens will plateau at a level of maximum acceptability to the Paying Participants.

It gets a bit confusing now... So people will have to buy vlb tokens, but car service places are the ones that log everything that's done to the car into your system?

So how will this work? a car owner buys our tokens, then pays with the tokens to get a place for his car in your blackchain? Why couldn't the car dealers just deal with all this?
can he only use specific mechanic shops?  

You should understand that the auto owner will pay a recording fee only when the car is purchased. Further, he uses only the advantages of the system. He can at any time review and provide the entire transparent history of his car.

But that this transparency and the fullness of history woldn't be lost - yes, he will have to use the participants of our platform. But it will do him good too. For having such a history, he will be able to increase the price of his car for resale.

Oh I see, so it's a one time payment when purhcasing a car. 

Can other car service providers also become service providers in your platform? What are the requirements?

Any car service can become a participant of our system. Our goal is to become decentralized. The condition of becoming part of our system is the usage of VLB Tokens

[Cauchy]

I think the bonus during pre sale and ico is pretty fair. 40% for pre sale investors is very nice, but only for big investors, and we will have 30% bonus during the ico, the difference is not so big i think it’s pretty fair for investors. VLB handle that part very well.

In this regard, the team has perfectly picked up bonuses, this distribution of bonuses is fair for all.

i think 30% is very fair for early investors. Less discount actually reduce the chance of dump after end of ICO

yes, not like kickico at least. they had like 60-80% bonus for investors in the pre-sale and now look where the price of 1 kicktoken now is...

Well , that token also doesnt have good value, no wonder the price is falling.

How are VLB tokens used? What makes their value go up?

We are building a Blockchain platform to record all information about cars during their whole life cycle. People will need our tokens to record the information into the blockchain.

VLB Tokens will appreciate based on the level of demand, which will be underpinned by the extent of Vehicle Lifecycle Blockchain promulgation among the industry participants.  Such demand will drive VLB Token turnover through the system.  However, since VLB Token payments to Proof-of-Stake Nodes will represent a certain transaction cost for Paying Participants, the appreciation of VLB Tokens will plateau at a level of maximum acceptability to the Paying Participants.

It gets a bit confusing now... So people will have to buy vlb tokens, but car service places are the ones that log everything that's done to the car into your system?

So how will this work? a car owner buys our tokens, then pays with the tokens to get a place for his car in your blackchain? Why couldn't the car dealers just deal with all this?
can he only use specific mechanic shops?  

You should understand that the auto owner will pay a recording fee only when the car is purchased. Further, he uses only the advantages of the system. He can at any time review and provide the entire transparent history of his car.

But that this transparency and the fullness of history woldn't be lost - yes, he will have to use the participants of our platform. But it will do him good too. For having such a history, he will be able to increase the price of his car for resale.

Oh I see, so it's a one time payment when purhcasing a car. 

Can other car service providers also become service providers in your platform? What are the requirements?

How is it managed when faulty information is entered into the bc? for the sake of trust it cant be allowed to be changed so is it through a change order or?

[Piggy]

Information cannot be changed true, but a subsequent transaction could rectify i guess.

[niklasmato]

Information cannot be changed true, but a subsequent transaction could rectify i guess.

True, just make a new block referring to the old one ..
The only problem is that people can still refer to the old block if they want .. so that data is immutable and can still be used to validate.

[beeelzebub]

You should understand that the auto owner will pay a recording fee only when the car is purchased. Further, he uses only the advantages of the system. He can at any time review and provide the entire transparent history of his car.

But that this transparency and the fullness of history woldn't be lost - yes, he will have to use the participants of our platform. But it will do him good too. For having such a history, he will be able to increase the price of his car for resale.

Seeing car history is very nice option. In years you can be a cars 8th owner with no info about its past.

But with blockchain you can check all of the history easily.

[superjeyy]

Is it November 27 yet? Can't wait until the ICO launch of VLB.IO! This project will truly be an outstanding one, I can already feel it.