VINchain (VIN)

IHPM™ score: 7.6772
ICO start: February 1, 2018
Product Type: App
Industry: Transport
Token supply: 1000000000
Soft Cap: 3330 ETH
Hard Cap: 23250 ETH

Description

VINchain project is developing a blockchain-based decentralized ecosystem, an aggregator of information regarding the life cycle of a vehicle.

Features

The VINchain platform will offer a variety of services to different automotive market participants: car dealers, insurance companies, maintenance stations, banks and leasing companies. The most important product of the VINchain marketplace will be a database of vehicles through which all interested parties will be able to access information or a report about each particular car using its VIN number.

VINchain is developing a mobile app and a website for dealers, insurance companies and manufacturers, in addition to an API, White Label and a blockchain built on Graphene.

The application will provide users with offers on car maintenance, discounts on service, and assist in refueling and washing. Additionally, the app will help find a vehicle in a parking lot, or remotely control their vehicle. The VINchain application will also gather data on personal driving style, offer user more economical ways of driving, and offer discounts on insurance premiums.

The VINchain ecosystem will also have a system of rewards and ratings aimed at managing and verifying data. The higher the rating, the higher the reward distribution coefficient.

VINchain plans to store most of the information in centralized databases, then create a hash on each of them and store that hash in the blockchain. 

Token Details

Ticker: VIN
Type: Utility-token
Token Standard: ERC-20
Additional Token Emission: No
Token Price: 0.000050 ETH
Accepted Currencies: ETH, BTC, LTC, DASH
Bonus Program:

Step 1 + 40%

Step 2 + 25%

Step 3 + 20%

Step 4 + 15%

Step 5 +10%

Step 6 +5%

Token Distribution:

60% – Token sale
25% – reserved among founders, consultants and other members of the team
8.75% – reserved
5% – reserved for the advisory board
1.25% – reserved for early token purchasers

Funds Allocation:

26% – Project development

25% VINchain product and VINchain network infrastructure development

20% – Marketing expenses

10% – Integration of partner projects

6% – VINchain, VINchain network and VINchain Power Plant development

5% – Law expenses

5% – Legal service expenses, organization setup and their activity, chosen as service providers for Vinchain network

1% – Vinchain Power Plant development and developers platform promotion

1% – Study

0,3% – Activity expenses

0,3% – Other administrative goals

0,2% – Account expenses

0,2% – Recruitment

ICO Platform: No
Name Position ICO Social
Taganovich Andrei Business analyst. Was involved in used vehicles market analysis during the 6 years experience at Abetter Bid LLC Car Auction Member of 0 ICOs
Pavel Yeschenko Blockchain Developer. Software engineer with more than 5 years of well-rounded experience Member of 0 ICOs
Sergei Pakhomov Full Stack Developer. Managing databases with 338+ million record entries. Currently managing a team of 9 Member of 0 ICOs
Alex Miles CEO. Technology enthusiast and blockchain expert who graduated with honors from Florida International University – a top ten business school – while studying management information systems Member of 0 ICOs
Anastasiya Kazakova CUSTOMER SUPPORT. Development and promotion of start up projects on the US market Member of 0 ICOs
Pavel Zakharevich Community Relations. It has been seven years since Pavel got involved in blockchain technology Member of 0 ICOs
Ethan Clark Has 5+ years of experience in creating and executing SEO strategy in automotive Member of 0 ICOs
Vladislav Vasilchyk System Analyst with 11 years of experience in engineering and business processes automation Member of 0 ICOs
Michael Zhalevich Blockchain developer. Created Tournament Management Systems for online gaming platforms Member of 0 ICOs
Ivan Usovich Full Stack Developer. An expert in implementing cutting-edge technologies and solutions Member of 0 ICOs
Stacy Denver Head of Sales Member of 0 ICOs
Konstantine Perzhukou Software Implementation Advisor with more than 7 years of well-rounded experience Member of 0 ICOs
Antonina Binetskaya CTO Member of 0 ICOs
Alexandr Onyskiv Software Developer. Over 10 years of overall experience in IT fields Member of 0 ICOs
Gordon Hansen COMMUNITY MANAGER. Gained huge marketing experience in Epicurex LLC company. Became VP of sales in 2014 Member of 0 ICOs
Sergei Shostyr UI/UX Specialist Member of 0 ICOs
Eugene Koval Software Development Advisor. Project Manager with 6 years in the development and integration of software Member of 0 ICOs
Andrei Krainik Founder Member of 0 ICOs
Aleksey Listopad CMO. Brought 9 huge projects to the US market as the Head of Marketing at at A Better Bid Car Auctions LLC Member of 0 ICOs