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Author Topic: [ANN] [ICO] carVertical - Car History Registry Built on Blockchain technology  (Read 8387 times)
martismartis
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December 10, 2017, 04:41:45 PM
Last edit: December 10, 2017, 05:05:04 PM by martismartis
 #1

car|Vertical
www.carvertical.com


Whitepaper
▬▬▬▬▬
Explainer Video
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Video FAQ


Web//Blog//Telegram//Twitter//Facebook//Instagram//LinkedIn//YouTube//FAQ



Web//Blog//Telegram//Twitter//Facebook//Instagram//LinkedIn//YouTube//FAQ





Disclaimer: I'm not a project team member or anyhow related with this project. All responsibility belongs to the project’s team members.

If you want to send a private message, please send it to kaudrius, not to martismartis!


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December 10, 2017, 04:44:09 PM
 #2

the link of dev's profile is not correct.

Please correct it. thanks mate


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TraderInc
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December 10, 2017, 11:26:46 PM
 #3

Interesting project.
This can definitely make a good user case
Will read the whitepaper in detail and get back.

Good Luck with the Project ! Smiley

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⇐ ● BLOCKCHAIN FOR E-COMMERCE Pre-ICO is LIVE ● ⇒
○ ○ ○ ➀ WEBSITE WHITEPAPER BITCOINTALK TELEGRAM TWITTER FACEBOOK REDDIT ○ ○ ○
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December 10, 2017, 11:53:03 PM
 #4

Do you have Pre-ICO with bonuses? What is the size of bonuses for this stage?

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December 11, 2017, 12:08:04 AM
Last edit: December 11, 2017, 12:31:27 AM by PewPewForU
 #5

Interesting project.
This can definitely make a good user case
Will read the whitepaper in detail and get back.

Good Luck with the Project ! Smiley

Hey TraderInc!

Thanks! Let us know if you'll have any questions!

Do you have Pre-ICO with bonuses? What is the size of bonuses for this stage?

Hey seo-maestro!

We will only have an ICO which will have 6 waves:
1st - 1050 Eth cap. 45% bonus. [Non-refundable pre-ICO wave.]
2nd - 5800 Eth cap. 35% bonus.
3rd - 7000 Eth cap. 25% bonus.
4th - 7000 Eth cap. 15% bonus.
5th - 7000 Eth cap. 10% bonus.
6th - 7000 Eth cap. 5% bonus.

Soft cap is 6850 Eth. Which is when we sell all tokens for both wave1 and wave2.

With latest price increase in both Ethereum and Bitcoin - we will recalculate this model and the amount of ETH before we release the contract publicly.

P.S. Just to remind you, our ICO starts on December 26th 6:00 PM UTC+0 (London time)

-carVertical-
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December 11, 2017, 06:55:31 AM
 #6

the purpose of this project is very clear. vehicle data represents the greatest opportunity for the digital market. I know this is a very complex system. I'm sure this project will go forward if developers are able to provide vehicle history data. i will keep this post. good luck and good job dev.

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December 11, 2017, 07:48:46 AM
 #7

Do you have Pre-ICO with bonuses? What is the size of bonuses for this stage?

Hey I am Rokas - one of co-founders.
Our ICO will be executed in 6 waves in one smart contract which opens on 26th of December and lasts 100 days or till we hit hard cap. We chose this approach because this is not a random ICO campaign. We started coding this solution and ICO came on a side.

Wave 1 is considered as pre-ICO. Wave 2 is soft cap.:

Wave 1 1050 ETH  BONUS: 45%
Wave 2 5800 ETH  BONUS: 35%
Wave 3 7000 ETH  BONUS: 25%
Wave 4 7000 ETH  BONUS: 15%
Wave 5 7000 ETH  BONUS: 10%
Wave 6 7000 ETH  BONUS: 5%

Total 34850 ETH

TOKEN PRICE: 1 ETHEREUM = 103 644 cV + Wave Bonus

https://www.carvertical.com/images/token-waves.png?updated=20171202
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December 11, 2017, 07:56:55 AM
 #8

This could be a carfax killer i hope. Marketing and partnerships will be a must for this to succeed 

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Rikitikichik
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December 11, 2017, 08:05:34 AM
 #9

the purpose of this project is very clear. vehicle data represents the greatest opportunity for the digital market. I know this is a very complex system. I'm sure this project will go forward if developers are able to provide vehicle history data. i will keep this post. good luck and good job dev.

Thanks!
Please check our updated development roadmap for 2018: https://www.carvertical.com/#timeline
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December 11, 2017, 08:13:52 AM
 #10

This could be a carfax killer i hope. Marketing and partnerships will be a must for this to succeed 

Carfax could be our exit strategy. We have considered it when started carVerticals development.
Your comment is really on time - this week we will handle a skype call with Carfax Head of Europe. Really exciting!
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December 11, 2017, 07:09:58 PM
 #11

Hey everyone! Development update #1 from CTO Audrius https://youtu.be/AvmcmRyy_K8
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December 11, 2017, 08:24:59 PM
 #12

Hey, I am willing to participate some new airdrop-campaigns!  Grin Will you start anyone ?)
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December 12, 2017, 04:51:48 AM
 #13

this is a very promising project, will this plan or standard be enforced later? this is a bit of a violation of people's privacy after all

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December 12, 2017, 01:13:42 PM
 #14

Hey, I am willing to participate some new airdrop-campaigns!  Grin Will you start anyone ?)

Hey Altcner!

At this moment, we have no plans for Airdrop of cV tokens, but you can always join our Telegram to be up to date!

this is a very promising project, will this plan or standard be enforced later? this is a bit of a violation of people's privacy after all

Hey renxin, thanks for your question!

carVertical is creating incentive mechanisms for owners, so that they could get value for data their vehicles generate. We understand that people own their data, and we want to provide them with the power to control it. This means that we will operate on the behalf of the car owner, and only with his permission we will share data with third parties, in return awarding the vehicle owner with cV tokens.

Hope this answers your question!

-carVertical-
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December 12, 2017, 03:14:23 PM
 #15

Fact of the day: Did you know that six out of ten drivers who bought a used car said they were frauded by concealed major bugs or defects? carVertical aims to fix this and change the way the automotive industry works. Join us on our mission! ICO starts on December 26th, 2017!

https://www.carvertical.com
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December 12, 2017, 06:29:49 PM
 #16

This is a interesting project, it has everything that the market needs. Really hoping that this project will open some bounties, I think it will boost the project to be known by more peoples.

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December 12, 2017, 06:42:52 PM
 #17

Don't miss your chance to revolutionize the automotive industry! Set your calendars, our ICO starts on December 26th 6:00 PM UTC+0 (London time)!

https://twitter.com/verticalcar/status/940651685143334913
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December 13, 2017, 01:58:01 AM
 #18

So, what's the purpose of having your token?
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December 13, 2017, 07:06:30 AM
 #19

So, what's the purpose of having your token?


Our utility token is deeply integrated into our business logic + it has stacking. Here you can check whole token flow: https://www.carvertical.com/images/token-flow.png

I can provide 6 subjective arguments proving why carVertical Token value is going to grow in the future carVertical:

1. carVertical is projected to start generating revenue from its products in July 2018. Our cash flow analysis states that in five years we will hit a revenue of 27,204,000 EUR with EBITDA of 10,524,000 EUR.

2. Token will be the only way to buy carVertical services. Stacking comes in place: person who owns more carVertical tokens gets significant discounts when buying our products. That means cheaper API calls, reports, whitelabel, car insurance and other services.

3. Token value will directly correlate with effectiveness of our service. Effectiveness of the service will be determined by efficiency of our machine learning and mathematical models. Machine learning and mathematical models will get better over time with more data.

4. The users carVertical onboards generate more and more data over time. So the value of the token will grow exponentially with the number of users we will onboard.

5. The team is already building this product. ICO came as a opportunity, not as a goal. This proves that carVertical is not just another ICO. We have signed agreement with Diginet, biggest classifieds website group in Baltic states, to deliver white label solution for their auto classified sites.

6. All national and privately held registries will move to blockchain in a few years. We’re going to be the first “sitting at the table” when governments and big companies come searching for the solutions to their needs.
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December 14, 2017, 05:18:45 PM
 #20

Attention:  We have changed our hard and soft cap!
Hard Cap: 15 050 ETH
Soft Cap: 3 050 ETH
TOKEN PRICE: 1 ETHEREUM = 240 000 cV + Wave Bonus

Here are a few reasons why we did that:

1. Ethereum price. Our initial financial calculations for business and software development were set for ETH price of 300 USD. As of December 12th, it now costs more than 600 USD.

2. Rational thinking. We have rationalized costs and time of product development. These costs are smaller than preliminary estimates, since we have no point to raise more money than we need.

3. We’ve done more. Our product development is already up front with our initial schedule. This means that we have managed to do more with our current assets, and as a result, there is less development needed after the ICO.

4. Choosing a new strategy. We have made initial agreements with European automotive classifieds on delivering white label solution. By approaching this strategy, we came to a conclusion that it is much easier and cheaper to penetrate into new markets by offering a white label solution. Comparing this to regular B2C report selling, the market penetration is 40% cheaper.

5. Our profit margin. After making new financial calculations, our projections show that our profit margin is bigger on both B2B and B2C products. This translates into the fact that our cashflow projection in year 3 and 4 will be bigger than we have estimated before.
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