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

[VLB_token]

According to the whitepaper, the biggest cost savings comes from warranty costs due to poor dealer / repair shop management and processes. It refers to this web page:

http://www.warrantyweek.com/archive/ww20160107.html

That is quite a puzzling article, at least for me as an outsider of the automotive warranty industry. How does it explain customers are overpaying for warranty due to poor dealer / repair shop management and processes?

I don't understand it too, however it's true that there's no trasparency about the spare parts market, as far as we know a repair shop can put in your car second handed spare parts and you can do nothing about it

This is our blockchain about, you will definitely know that the part installed in your car wasn't in use. If it was it will be written in the blockchain.

I still do not understand the relation between that article and the 105 USD too high warranty costs per customer. There is nothing about repair shops defrauding with spare parts in the article.

Information about every spare part sold will be written in the blockchain, for example, if you bring your car to the service to change brakes, the supply writes info about that they sold brakes to your car service (with part number), car service writes the date about brakes were installed on your car. So you can be sure it is the new brakes and not the used ones cause there's information about them written in the blockchain.

How can the end user check about that what is written in the blockchain is truly that what happened? Is there a chance to check yourself about it?

This is the benefit of the blockchain. The carowner at all times have free access to the entire information about his car.

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[VLB_token]

First 6 days of crodsale have 30% bonus? This is almost the same  bonus like on pre-sale  

Well, the bonus for the pre sale is 40% and it seems like you can still join the whitelist

BONUS 40%
PRE-SALE NOVEMBER 22-26

He needs 100 eth for it.

I wanted to join but it is too high for me.

Holy cow that is a lot of money. People can only join that if they make a group I guess. A group of 10 people could contribute 10 ETH each. I am not suggesting anything here, just having ideas

You need to understand that 100 ETH it is a min bid at the pre-sale stage. At the ICO min bid = 1 ETH

[Yasemin]

First 6 days of crodsale have 30% bonus? This is almost the same  bonus like on pre-sale  

Well, the bonus for the pre sale is 40% and it seems like you can still join the whitelist

BONUS 40%
PRE-SALE NOVEMBER 22-26

He needs 100 eth for it.

I wanted to join but it is too high for me.

Holy cow that is a lot of money. People can only join that if they make a group I guess. A group of 10 people could contribute 10 ETH each. I am not suggesting anything here, just having ideas

You need to understand that 100 ETH it is a min bid at the pre-sale stage. At the ICO min bid = 1 ETH

I guess I have to wait for the ICO to participate with the token sales

[viljy]

First 6 days of crodsale have 30% bonus? This is almost the same  bonus like on pre-sale  

Well, the bonus for the pre sale is 40% and it seems like you can still join the whitelist

BONUS 40%
PRE-SALE NOVEMBER 22-26

He needs 100 eth for it.

I wanted to join but it is too high for me.

Holy cow that is a lot of money. People can only join that if they make a group I guess. A group of 10 people could contribute 10 ETH each. I am not suggesting anything here, just having ideas

You need to understand that 100 ETH it is a min bid at the pre-sale stage. At the ICO min bid = 1 ETH

With this bonus, early investors immediately after ICO will sell tokens cheaper to make a profit. And these sales will last a long time, the price of the tokens will go down. Small investors are not profitable to buy on ICO even with bonuses, especially in recent periods.

[niklasmato]

First 6 days of crodsale have 30% bonus? This is almost the same  bonus like on pre-sale 

Well, the bonus for the pre sale is 40% and it seems like you can still join the whitelist

BONUS 40%
PRE-SALE NOVEMBER 22-26

He needs 100 eth for it.

I wanted to join but it is too high for me.

Holy cow that is a lot of money. People can only join that if they make a group I guess. A group of 10 people could contribute 10 ETH each. I am not suggesting anything here, just having ideas

That's not a bad idea.. you would need an escrow for this. Else there would be 2 much trust-issues I guess.

[pynetx]

The offered platform is great for the convenience of car owners and car business people who use blockchain technology as a transaction base .. good idea

it is indeed but most of the vehicle owners will be having a hard time understanding the project.

I think they wont even have to worry about it. It will be everything behind an easy to use user interface

they will probably not even have to use it. the auto shops will access the info stored in the block chain, as well as VLB

Convincing someone to change the way they are used to work is the hardest thing like the auto shops. They need to understand it's benefits and for that VLB team need to educate them.

[Almir_Salimov]

Don't miss the date!!!
VLB Token pre-sale starts on November, 22 and will last until the time of the ICO launch on November, 27.

[Piggy]

Don't miss the date!!!
VLB Token pre-sale starts on November, 22 and will last until the time of the ICO launch on November, 27.

Is it possible to see in real time the amount that will be collected during this period?

[Cauchy]

First 6 days of crodsale have 30% bonus? This is almost the same  bonus like on pre-sale  

Well, the bonus for the pre sale is 40% and it seems like you can still join the whitelist

BONUS 40%
PRE-SALE NOVEMBER 22-26

He needs 100 eth for it.

I wanted to join but it is too high for me.

Holy cow that is a lot of money. People can only join that if they make a group I guess. A group of 10 people could contribute 10 ETH each. I am not suggesting anything here, just having ideas

You need to understand that 100 ETH it is a min bid at the pre-sale stage. At the ICO min bid = 1 ETH

With this bonus, early investors immediately after ICO will sell tokens cheaper to make a profit. And these sales will last a long time, the price of the tokens will go down. Small investors are not profitable to buy on ICO even with bonuses, especially in recent periods.

Have a look at the bonus structure. It is possible to have only 10 percent less bonus with a min investment of 1eth (instead of 100eth). This is great in my oppionion, in other cases it would be 40+ percent bonus for 100eth presale.

[VLB_token]

⚡️We're glad to inform you that we have passed the audit of the smart contracts by Hosho Group. So now we're completely ready for the pre-sale.

This is audit summery:

 The scope of this audit was to analyze and document VLB’s token contract codebase for quality, security, and correctness.

 Aside from small numerical discrepancies between the whitepaper and the code, the VLB Token is a compatible ERC-20 token with a few additions to make usage easier from the crowdsale contracts and for the bounty program.

 The VLB Crowdsale contract is a stable, sane contract with good protections, and a sensible tranche system that closely matches the documented version available in the whitepaper.

 The VLB Vault is a well written contract with no major issues, handling the state of the contract in a safe, sane manner, allowing for one of two branches to be executed at any time, ensuring that the vault state can not be changed between closed and refund enabled.

 The Hosho team has been very pleased working with the VLB team, and their interest and eagerness to both comply with ERC-20 expectations, as well as adding good cleanup functions to the code.

 It should be noted that this audit is not an endorsement of the reliability or effectiveness of the contract, merely an assessment of its logic and implementation.

Read about it on our medium channel https://medium.com/vlb-token/smart-contract-audit-report-f67d2adb9d48.

We'll share the full report very soon. Stay tuned!

[magisterr]

I have a question about token distribution.

20M Private Placement

This is your tokens? They will be locked for some time?

[batako]

First 6 days of crodsale have 30% bonus? This is almost the same  bonus like on pre-sale 

Well, the bonus for the pre sale is 40% and it seems like you can still join the whitelist

BONUS 40%
PRE-SALE NOVEMBER 22-26

He needs 100 eth for it.

I wanted to join but it is too high for me.

Holy cow that is a lot of money. People can only join that if they make a group I guess. A group of 10 people could contribute 10 ETH each. I am not suggesting anything here, just having ideas

That's not a bad idea.. you would need an escrow for this. Else there would be 2 much trust-issues I guess.

It is better to wait for the crowdsale if we, as low budgeters people, wanted to take part on this project. Tbh, 100 eth is a big amount of money that I can't afford to lose.

[VLB_token]

I have a question about token distribution.

20M Private Placement

This is your tokens? They will be locked for some time?

No, this is tokens for institutional investors. They woldn't be lock, but all of this institutional investors are our long-term partners of the project.

[kraterion]

First 6 days of crodsale have 30% bonus? This is almost the same  bonus like on pre-sale  

Well, the bonus for the pre sale is 40% and it seems like you can still join the whitelist

BONUS 40%
PRE-SALE NOVEMBER 22-26

He needs 100 eth for it.

I wanted to join but it is too high for me.

Holy cow that is a lot of money. People can only join that if they make a group I guess. A group of 10 people could contribute 10 ETH each. I am not suggesting anything here, just having ideas

You need to understand that 100 ETH it is a min bid at the pre-sale stage. At the ICO min bid = 1 ETH

With this bonus, early investors immediately after ICO will sell tokens cheaper to make a profit. And these sales will last a long time, the price of the tokens will go down. Small investors are not profitable to buy on ICO even with bonuses, especially in recent periods.

Latest  trend for whales is to buy tokens during pre-sale,  seems obvious to me,  I've seen this so many times already

[tsoyens01]

When is the bounty campaign start

[Jay2408]

First 6 days of crodsale have 30% bonus? This is almost the same  bonus like on pre-sale 

Well, the bonus for the pre sale is 40% and it seems like you can still join the whitelist

BONUS 40%
PRE-SALE NOVEMBER 22-26

He needs 100 eth for it.

I wanted to join but it is too high for me.

Holy cow that is a lot of money. People can only join that if they make a group I guess. A group of 10 people could contribute 10 ETH each. I am not suggesting anything here, just having ideas

That's not a bad idea.. you would need an escrow for this. Else there would be 2 much trust-issues I guess.

It is better to wait for the crowdsale if we, as low budgeters people, wanted to take part on this project. Tbh, 100 eth is a big amount of money that I can't afford to lose.

Yes, 100ETH is indeed a huge amount for the average investor. But I like that we still can get a bonus of 30% in the early stage of the ICO which is not so much less than the whales bonus.

[Cauchy]

When is the bounty campaign start

Its already running, you have the link on the first ann page.

[VLB_token]

When is the bounty campaign start

All info about bounty here https://bitcointalk.org/index.php?topic=2363994

[alphashotgun]

When is the bounty campaign start

All info about bounty here https://bitcointalk.org/index.php?topic=2363994

thank you thats exactly what i looked for now

[Piggy]

I have a question about token distribution.

20M Private Placement

This is your tokens? They will be locked for some time?

No, this is tokens for institutional investors. They woldn't be lock, but all of this institutional investors are our long-term partners of the project.

Then hopefully they will keep the tokens and not dumping them right after the sale