VinChain Project | Ecency

VinChain is a blockchain database that records all information pertaining to vehicles. For each vehicle, the information accumulates during the entire period of use. This history is transparent and accessible to everyone.

Project VinChain solves the problem of asymmetrical information in the used vehicle market by creating a decentralized, immutable, transparent, secure, and reliable vehicle lifecycle repository.

VinChain solves this problem with the help of blockchain technology. For each car, we will issue a blockchain-passport, which will be stored in a distributed registry.

Information about the car is accumulated in the databases of all participants in the system (car manufacturers, insurance companies, service stations, banks and leasing companies, dealers, etc.) during the entire period of its use.

ICO Information

The ICO starts on March 22, 2018, and continues until April 15, 2018. A total of 600 000 000 tokens are available. The funds will be utilized for the purpose of VINChain product development and marketing expenses. The team comprises of experts from the various domains, such as Automotive, sales & marketing and technology. We believe that they would deliver their promises which looks exciting.

Objectives:

Create a block with different levels of access and information protection. Data security level should correspond to the needs of government agencies.
Unite the participants in the automotive industry, such as manufacturers, insurance companies, dealers, service stations, developers of navigation systems, into a single ecosystem for data exchange purposes.
Create an infrastructure and provide direct access to the database for each market participant

Tokens Emission and Sale on ICO.

ICO will be held from March, 22d through April, 15th, 2018. Payment methods available for the VinChain tokens: Bitcoin (BTC), Ethereum (ETH),Riple (XRP), Litecoin (LTC), Waves (WAVES), USD, EUR, GBP

Available for placement: 600,000,000 tokens.

The tokens will be distributed between the buyers within 72 hours of the ICO finishing.

Hard cap
Maximum investment amount: $34,500,000.

Bonuses and Discounts
The amount of tokens sold Price
0 - 1 000 000 1 ETH - 20.000 VIN
1 000 001 - 5 000 000 1 ETH – 17.140 VIN
5 000 001 - 12 500 000 1 ETH – 15.000 VIN
12 500 001 - 100 000 000 1 ETH – 12.000 VIN
100 000 001 - 250 000 000 1 ETH -10.910 VIN
250 000 001 - 612 500 000 1 ETH – 10.000 VIN

The distribution pattern of tokens is the following:

The distribution pattern of Genesis block in VinChain Network will include 1,000,000,000 utility tokens.

Road map