Vincchain. ICO.

About VinChain
VINchain is creating a worldwide blockchain database of used vehicle information that is 100% transparent, reliable, and accessible by everyone. The VINchain project unites all data providers and gives the user a complete, uninterrupted vehicle record; all without the disadvantages of a centralized database. Consumers can also significantly increase the value of their vehicles at the time of the sale by contributing to the repository of data on the blockchain with help of vehicle tracking devices. VINchain is a decentralized network that allows you to store VIN data on the blockchain, which guarantees complete data invariability. You can pay for requests on the blockchain with VINchain tokens, afterwhich the tokens will be distributed between information providers depending on the value of the provided information to the community.

Task Goals:

Change the worldwide market of utilized autos by making it legit, straightforward,dependable and with break even with access to data for every member.

Task Objectives

Make a piece with various levels of access and data assurance.Information security level should compare to the requirements of government offices.
Join the members in the car business, for example,producers, insurance agencies, merchants, benefit stations,designers of route frameworks, into a solitary biological system for informationtrade purposes.
Make a framework and give guide access to the database for each market member.

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.

The platform will be beneficial to the buyer and the seller. This creates trust on the side of the seller and the buyer in most trust. Therefore, this means that the system diversify platform is of mutual benefit. Over time, this platform will be developed into a hub of car number one most used in the world, where the percentage of the population of the larger world would use that platform in one way or another vis-à-vis the purchase the product is. The figure below gives an overview of how the platform should look like.

Why is this project important?

No one will be able to forge information
With accurate vehicle information the roads will be safer all over the world
It will create a trust-based community for dealers, united by the idea to make the market transparent to customers

Get the VIN (Token) is the first step in order to authenticate the actual workings of certain vehicles that are intended to buy or sell through the platform. This platform will also develop B2B B2C mechanisms including channels to create and enhance the valuable communication between buyers and sellers and business related. The image below shows a prototype pattern chat platform.

Token VIN will improve trade data between data owners and buyers. As many as 1,000, 000 (one billion) token VIN has been created in which 600,000 will be offered for sale. 1 VIN the equivalent of 5 Cents. Currencies accepted include ETH, BTC,-XRP,LTC, WAVES, USD and EURO. The first phase of Pre–ICO held on November 23, 2017for the early birds. Minimum cap goal set at $5, 000, 000 USD and maximum cap postulated became $34, 500, 000 USD. Pre-order the ICO will commence on December 1, 2017 and will end on December 24, 2017. Pre-ICO funds will be distributed as shown in the diagram below.

Token distribution

Token Sale

Role of Token : Enable trade of data between data owners and buyers
Symbol : VIN
Supply : 1.000.000.000 VIN
For Sale : 600.000.000 VIN
Emission Rate : No new tokens will be created
Price : 1 VIN = 5 cents
Accepted Currencies : ETH, BTC, XRP, LTC, WAVES, USD, EURO
Sale Period : 22th March 2018 14:00 UTC to 15th April 2018 14:00 UTC
Token distribution date : 17th April to 29th April 2018
Minimum goal : $5.000.000
Maximum goal : $34.500.000

ICO will be held from March, 22d through April, 15th, 2017. 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.

More information:

Website: https://vinchain.io/en
Twitter: https://twitter.com/VINChain_io
Facebook: https://www.facebook.com/vinchainio/
Telegram: https://t.me/vinchainio
Blog: https://vinchain.blogspot.com.ng/
Medium: https://medium.com/@VINChain
Github: https://github.com/VINChain
ANN: https://bitcointalk.org/index.php?topic=2349186.0

My profile: https://bitcointalk.org/index.php?action=profile;u=1929962