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

[MissedBTCtrain]

Everything is clear except one: how will the erc20 token work in someone else's blockchain? Either it might look like payment by a token of a record in the blockchain, and the entry is made manually?

I asked this before but it's still unclear to me maybe their blockchain it's just for data issue and not for payments (but again, there must a coin circulating in it since it's a PoS chain)

Lets wait for the dev to clearify this, since they are quite active. Wondering this myself too

[Sozialtourist]

25.000 its quite a lot of ETH for the soft cap. Was not already raised a considerable amount of money through private investors?

I don't know why people use dots for counting numbers. 25.000 is only 25 , shouldn't it be 25000.00  ?

Because it mostly depends on where you are coming from. Here in Germany, we use dots as thousands separators and a comma as a decimal separator. In England, for example, it's exactly the opposite.

[VLB_token]

Everything is clear except one: how will the erc20 token work in someone else's blockchain? Either it might look like payment by a token of a record in the blockchain, and the entry is made manually?

I asked this before but it's still unclear to me maybe their blockchain it's just for data issue and not for payments (but again, there must a coin circulating in it since it's a PoS chain)

Lets wait for the dev to clearify this, since they are quite active. Wondering this myself too

Information about token balances will stay in public network since it does not make any sense to keep it in erc20 in private network. In general, private network will work with token balances information in public network. Right now we are working on couple of solutions in order to achieve that.

[cantdecide]

VLB ICO period is only for 1 week, I think they should make it much longer, at least for about 3 weeks just like any other ICO.

Token sales will run until December, 17th. Maybe you misread the information under the ICO status on the website. There will be 4 stages that have different bonuses in each stage. The sooner you invest in VLB, the more tokens you'll get.

Do you know how much is the hard cap please ?

Hard cap is 300,000 ETH

Let's assume you would be able to raise 300,000 ETH, what are you guys doing with this amount of money? I mean it's more then 120,000,000$.

[VLB_token]

VLB ICO period is only for 1 week, I think they should make it much longer, at least for about 3 weeks just like any other ICO.

Token sales will run until December, 17th. Maybe you misread the information under the ICO status on the website. There will be 4 stages that have different bonuses in each stage. The sooner you invest in VLB, the more tokens you'll get.

Do you know how much is the hard cap please ?

Hard cap is 300,000 ETH

Let's assume you would be able to raise 300,000 ETH, what are you guys doing with this amount of money? I mean it's more then 120,000,000$.

We've got 4 scenarios of events, depending on the funds collected. You can read about them in the White Paper on page 52

[Rigorous]

We've got 4 scenarios of events, depending on the funds collected. You can read about them in the White Paper on page 52

I went to look up page 52, but it is missing from the whitepaper I downloaded before. Turns out there is an updated version on the website.

Good thing you have added an appendix with various projections, because in the original whitepaper 75% went to development. Now we can see development is capped to $27 million and most of the additional funds go to sales & marketing.

[alphashotgun]

We just hit the 100 pages mark thats just amazing!

[BY_ATOM]

So if softcap won't be reached nothing gonna happen? The funds will be returned and that's it, no project?

Soft Cap is reached. They received about 32,500 ETH from a private investor. This amount is also taken into account. So do not worry and do not hesitate to invest)

[alphashotgun]

So if softcap won't be reached nothing gonna happen? The funds will be returned and that's it, no project?

Soft Cap is reached. They received about 32,500 ETH from a private investor. This amount is also taken into account. So do not worry and do not hesitate to invest)

32,500 :OOOO thats impressive - i think the project is cool too but thats a really huge sum

[belechau]

So if softcap won't be reached nothing gonna happen? The funds will be returned and that's it, no project?

But hasn't it already been confirmed by the dev that they already have raised more than their soft-cap? So I guess the project will go on either way.

It would not be fair, after all time attention and money invested from all parties, non-development of future project, I am happy with the result achieved, at least we will have something independent of when finalized

[SEELE^^01]

nice, already 100 pages big

community is growing stronger and the soft cap got also hit

a nice future lays ahead

[Piggy]

The total in the web page was not yet updated, but its nice the soft cap was reached

[the_donald]

The total in the web page was not yet updated, but its nice the soft cap was reached

it was reached before the ICO in the pre-sale phase. pretty impressive.

[Jay2408]

The total in the web page was not yet updated, but its nice the soft cap was reached

it was reached before the ICO in the pre-sale phase. pretty impressive.

Yes, and there are still 9.5m$ SAFT commitments which aren't fulfilled yet but soon will be converted to the smart contract.

[Almir_Salimov]

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More here: http://vlb.io/

[Trrrt]

VLB already raised enough money to go on, and I think it’s just a start, the project will raise more money, with a potential like that investors want to join it.

[beeelzebub]

Join big ICO - supported by QIWI Blockchain Technologies (NASDAQ)!
Special bonus +30% for early investors
ICO available for US accredited investors! Sign up now!

More here: http://vlb.io/

Oh, i didn't know that vlb was accepting US investors. That will have some positing effect to funding process i guess.

[hicaribou]

VLB already raised enough money to go on, and I think it’s just a start, the project will raise more money, with a potential like that investors want to join it.

Yes, the are only looking for additional funds now.
Hopefully they will be able to work faster than planned (roadmap) with more additional funds.

[pizza_dev]

The total in the web page was not yet updated, but its nice the soft cap was reached

it was reached before the ICO in the pre-sale phase. pretty impressive.

It is growing so fast! Really nice to see that it is getting even more interesting.

[captainhera]

ICO is going great!
VLB is doing really well with there fundraising. Keep this up!

Keep the community happy with those updates