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

[batako]

Most people want to get involved from the very beginning, the presale stage. I hope there will be a new policy to create a win-win solution so that people with relatively small budget can take part on the presale. Even though there will be another stage with lower requirement, but as I said before, we don't want to miss the train!

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[Cauchy]

Which use will private investors have with. your tokens when this project is based on a business related use? I mean the main user will be all the companies in the automotive industry which use your blockchain then, right?

A private investors is interested in our token as an excellent investment.



The chart below identifies and quantifies costs that can be significantly reduced by the respective Industry Participants

The cost can be reduced so much,

I am surprising that  blockchain can cut so much cost  , I really want to know some details of cost reduction,  It's really amazing

Vehicle Lifecycle Blockchain (“VLB”) offers solutions and creates the following value for all Vehicle Lifecycle Industry Participant.

Insurance Companies:
— Optimized policy pricing
— Better claim management
— Cross-marketing Opportunities

Vehicle Manufacturers:
— Transparent vehicle warranty management
— Maintenance MSRP Monitoring

OEMs:
— Transparent spare part warranty management
— Predictive inventory plannin

Repair Shops:
— Customer flow from insu-rance providers & through Carfix developed B2C portal

Car Owners:
— Maximize resale value of the vehicle
— Demonstrate compliance with the maintenance requirements of auto manufacturer warranties
— Demonstrate a reliable record of spare part replacements to enforce warranties against OEM’s
— Minimize insurance policy fees by demonstrating safe driving records

It looks like there are tons of IT systems need to be developed,  fortunately your teams have many vehicle industry experts with domain knowledge.

As far as I understand the business is already running but they are transforming it to utilise blockchain so I assume alot of the infrastructure is already in Place.

[bitcoin-shark]

is pre-sale and first day of ICO discount is same 40%?

Nope. Bonus during the pre-sale is 40%, the first day of ICO is the 1st period of ICO and the bonus is 30%.

When pre-sale will start? And what minimum requiments for partipiciate in pre-sale? I must done KYC process for this?

pre-sale will start on 22nd of November. minimum invest is 100eth. anyone could take a part, except US citizens, in the States -- only acrredited investors.

minimum invest is 100 eth for each person? if yes is a little high for me,kyc is required for partecipate/invest?...

[themathiasmiller]

is pre-sale and first day of ICO discount is same 40%?

Nope. Bonus during the pre-sale is 40%, the first day of ICO is the 1st period of ICO and the bonus is 30%.

When pre-sale will start? And what minimum requiments for partipiciate in pre-sale? I must done KYC process for this?

pre-sale will start on 22nd of November. minimum invest is 100eth. anyone could take a part, except US citizens, in the States -- only acrredited investors.

Apparently a value accessible to whales and the like, is there any possibility of a smaller offer to smaller investors in the future? Or will not this amount be reduced in new steps? I believe that a more accessible phase would bring a faster reach of your goals

I support you, 100 ETH is a very large amount. When the first 10 days pass, then the sale of tokens will greatly slow down, consider this.

seems like you understood something incorrect. the minimum is 1eth if we are talking about all the stages except the pre-sale.

Yeah 100 eth minimum is only for the pre-sale and the team already had their own pre-ico which was done privately and had already gathered a huge amount of money, so they don't need to lower the minimum requirement anymore because they're not doing this to gather funds to cater the expenses incurred during the ico but I think they're just doing this to cater those investors who wants to participate in this project early and avail the 40% bonus. Don't worry though if you don't have that kind of amount then you can always participate during the ico it's just 5 days away from the pre-sale and you can invest as little as 1 eth and still get a bonus of 30% so if you ask me that's a really good deal.

[Amelie Poulain]

is pre-sale and first day of ICO discount is same 40%?

Nope. Bonus during the pre-sale is 40%, the first day of ICO is the 1st period of ICO and the bonus is 30%.

When pre-sale will start? And what minimum requiments for partipiciate in pre-sale? I must done KYC process for this?

pre-sale will start on 22nd of November. minimum invest is 100eth. anyone could take a part, except US citizens, in the States -- only acrredited investors.

minimum invest is 100 eth for each person? if yes is a little high for me,kyc is required for partecipate/invest?...

this is excellent bonus system, early investors can get good bonus, I agree - the minimum amount on the presale is not small, but the bonus is worth it!

[gembira]

You partnered with VW? Does this mean, that they interested in your technology and in your tokens as well?

[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.

[haxllega]

You partnered with VW? Does this mean, that they interested in your technology and in your tokens as well?

It's great that they have a partnership with companies with big names. That's something that always attracts investors.

[loup]

is pre-sale and first day of ICO discount is same 40%?

Nope. Bonus during the pre-sale is 40%, the first day of ICO is the 1st period of ICO and the bonus is 30%.

When pre-sale will start? And what minimum requiments for partipiciate in pre-sale? I must done KYC process for this?

pre-sale will start on 22nd of November. minimum invest is 100eth. anyone could take a part, except US citizens, in the States -- only acrredited investors.

minimum invest is 100 eth for each person? if yes is a little high for me,kyc is required for partecipate/invest?...

this is excellent bonus system, early investors can get good bonus, I agree - the minimum amount on the presale is not small, but the bonus is worth it!

Sorry could you tell me wher can I find the required minimun investment? If true that is 100 eth I think is big for start. Probably i will wait until the ICO wher I guess that the minimun would be much lower.

[VLB_token]

Sorry could you tell me wher can I find the required minimun investment? If true that is 100 eth I think is big for start. Probably i will wait until the ICO wher I guess that the minimun would be much lower.

Let me clarify. The minimum investment of 100ETH is only for the pre-sale which takes place from 22nd Nov till 27th Nov. From 27th of November there is ICO where the minimum investment is 1ETH.

Pre-sale (minimum investment 100ETH):
Nov 22 noon UTC - Nov 27 noon UTC: 1ETH = 910VLB (40% bonus)
ICO (minimum investment 1ETH)
Nov 27 noon UTC - Dec 2 noon UTC: 1ETH = 845VLB (30% bonus)
Dec 2 noon UTC - Dec 7 noon UTC: 1ETH = 780VLB (20% bonus)
Dec 7 noon UTC - Dec 12 noon UTC: 1ETH = 715VLB (10% bonus)
Dec 12 noon UTC - Dec 17 noon UTC: 1ETH = 650VLB (no bonus)

[Amelie Poulain]

is pre-sale and first day of ICO discount is same 40%?

Nope. Bonus during the pre-sale is 40%, the first day of ICO is the 1st period of ICO and the bonus is 30%.

When pre-sale will start? And what minimum requiments for partipiciate in pre-sale? I must done KYC process for this?

pre-sale will start on 22nd of November. minimum invest is 100eth. anyone could take a part, except US citizens, in the States -- only acrredited investors.

minimum invest is 100 eth for each person? if yes is a little high for me,kyc is required for partecipate/invest?...

this is excellent bonus system, early investors can get good bonus, I agree - the minimum amount on the presale is not small, but the bonus is worth it!

Sorry could you tell me wher can I find the required minimun investment? If true that is 100 eth I think is big for start. Probably i will wait until the ICO wher I guess that the minimun would be much lower.

for pre-iso this large minimum, but those who wish to invest less - can wait ICO, I think it will be possible to invest 1 ETH or even less

[VLB_token]

You partnered with VW? Does this mean, that they interested in your technology and in your tokens as well?

they are our business partners, of course they are interested and are getting all the info about our development.

[SEELE^^01]

well, the presale with 100eth minimum contribution is a no go for me

i have to wait for the regular ico sale then

[niklasmato]

is pre-sale and first day of ICO discount is same 40%?

Nope. Bonus during the pre-sale is 40%, the first day of ICO is the 1st period of ICO and the bonus is 30%.

When pre-sale will start? And what minimum requiments for partipiciate in pre-sale? I must done KYC process for this?

pre-sale will start on 22nd of November. minimum invest is 100eth. anyone could take a part, except US citizens, in the States -- only acrredited investors.

Apparently a value accessible to whales and the like, is there any possibility of a smaller offer to smaller investors in the future? Or will not this amount be reduced in new steps? I believe that a more accessible phase would bring a faster reach of your goals

If you are not a huge investor you can wait until the main stage begins. I think huge investors deserve a higher discount than us because they have more to lose.

I agree, however there should be a delay in the contract. If you invest a lot of money in a project then you would probably want to wait until it becomes a reality.
Therefore a freeze of the tokens for month(s/)year would be a good option.

[Cauchy]

is pre-sale and first day of ICO discount is same 40%?

Nope. Bonus during the pre-sale is 40%, the first day of ICO is the 1st period of ICO and the bonus is 30%.

When pre-sale will start? And what minimum requiments for partipiciate in pre-sale? I must done KYC process for this?

pre-sale will start on 22nd of November. minimum invest is 100eth. anyone could take a part, except US citizens, in the States -- only acrredited investors.

Apparently a value accessible to whales and the like, is there any possibility of a smaller offer to smaller investors in the future? Or will not this amount be reduced in new steps? I believe that a more accessible phase would bring a faster reach of your goals

If you are not a huge investor you can wait until the main stage begins. I think huge investors deserve a higher discount than us because they have more to lose.

I agree, however there should be a delay in the contract. If you invest a lot of money in a project then you would probably want to wait until it becomes a reality.
Therefore a freeze of the tokens for month(s/)year would be a good option.

In my oppinion the bonus schemes based on amount of contributions is no good so in this case a difference of only ten percent is good.

[CryptoCutie]

well, the presale with 100eth minimum contribution is a no go for me

i have to wait for the regular ico sale then

yes that to much for the most, only big investors can

[belechau]

well, the presale with 100eth minimum contribution is a no go for me

i have to wait for the regular ico sale then

This minimal contribution is very selective, it is complicated for many, although acting long enough and with few applications at the moment, have an immediate investment, I will be accompanying in the certainty of being a good Ico, and making my prayers to get a door input or window.  

[CryptoCutie]

Ok presale Bonus is 40% and fist day ico Bonus is 30%
thats fair

[cmg12]

well, the presale with 100eth minimum contribution is a no go for me

i have to wait for the regular ico sale then

This minimal contribution is very selective, it is complicated for many, although acting long enough and with few applications at the moment, have an immediate investment, I will be accompanying in the certainty of being a good Ico, and making my prayers to get a door input or window.  

This is good tactics because it give opportunity for big, institutional investors to help this project

[Pajulapoiss]

Is all information about vehicles saved using the vin code?

So how does all relevant information end up in the blockchain? does the car owner have to report everything?