VinChain

VinChain

Created using Figma
Created using Figma

Last Update

Nov 5, 2018

A blockchain-based vehicle history platform.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Idax
    VIN/ETH 23 minutes ago
    $ 0.0055
    $ 66.3 K
    21.45%
    45.72%
  • Idax
    VIN/BTC 23 minutes ago
    $ 0.0056
    $ 64.381 K
    23.63%
    22.31%
  • IDCM
    VIN/BTC 31 minutes ago
    $ 0.0072
    $ 12.057 K
    19.31%
    36.60%
  • IDCM
    VIN/ETH 31 minutes ago
    $ 0.0056
    $ 14.617 K
    37.06%
    31.34%
Feb 1, 2018
Apr 15, 2018
100% completed
$4 110
hard cap
cap
17% hard cap completed
Cap 3 300 USD
Hard cap 23 250 USD
past
  • 1 VIN
    =
    0.055 USD
Token Details
Ticker
VIN
Accepted Currencies
ETH, BTC, LTC, DASH, WAVES, FIAT, XRP
Additional Details
MVP/Prototype
Yes
Platform
ERC 20, Graphene
KYC
Yes
Categories
Platform, Cryptocurrency

About VinChain

 

There are many problems in the used car industry. One of the biggest is that used car buyers have limited information on a vehicle’s history. This can be disastrous for an important purchase if the vehicle has been in an accident or past damage has been hidden. This means that buyers are hesitant to pay full price for a used vehicle, as they must plan for any unseen issues.

Problems VINchain solves:
• Data is spread across many different information providers.
• These providers do not easily share information, especially with one another
• Information that is provided is opaque and not reliable
• Information is not captured in real time from the vehicle, thus resulting in a long delay
• Incentives are such that everyone is encouraged to falsify information (or not provide any information)
• A regular consumer can get stuck with a lemon car, as problems with the vehicle only surface months down the road
• Approximately 30% of cars worldwide experience odometer fraud. Converted to dollars = $10 billion annually

Our Solution:
VINchain solves this problem by creating a transparent and accurate vehicle history report. We’re able to accomplish this by decentralizing data and storing it on the blockchain. Vehicle data is collected from repair shops, dealers, manufacturers, and even the vehicle itself! Because the data is decentralized, it can’t be falsified, and it is accessible by all.

Drivers are in control:
For the first time in history drivers are in control of their own data, and are able monetize it. This is done with secure OBD devices that plug into any car that has been assembled after 1996 (Besides OBD this can also be done with telemetry). The drivers choose what information they want to share and with whom. Because of this, information is collected in real time, as opposed to with weeks or months of lag time as it is today.

The data that is collected is tamper proof since it is kept on the blockchain. Furthermore the generated data belongs to its creator and all of these information providers are incentivized with rewards. Every time their information gets utilized in an information request, they get a corresponding token reward (tokens paid by the data requester). VINchain gets paid by taking a small percentage from transactions.

Our Products:
Beta vehicle Tracking platform:
http://gps.vinchain.io/
U: demovin
P: Vinchain2017

Complete vehicle history reports (sourced from over 350+ million VIN records):
https://vinchain.io/report/check

Live VINchain Blockchain:
https://wallet.vinchain.io/explorer/blocks

Live VINchain Wallet:
https://wallet.vinchain.io/

Live VINchain Block Explorer:
https://blockexplorer.vinchain.io/#/dashboard

Live VINchain Data Verifier:
https://verify.vinchain.io/

Blockchain Verification in action:
https://www.youtube.com/watch?v=Yi8rpzr2e1c


Links
• Website: https://vinchain.io/
• Telegram (24hr support): https://t.me/vinchainio
• Twitter: https://twitter.com/VINchain_io
• One Pager: https://vinchain.io/files/new_one_paper.pdf
• Short Explainer Video: https://www.youtube.com/watch?v=a8t-xiqXXR8
• Short Video Pitch: https://www.youtube.com/watch?v=aqtf2t4fJYI&t=12s

Features

- VinChain app
-  Find your car
- Discounts on services such as maintenance, refueling, and washing
- Statistics driving style
- Diagnostic Data

VinChain Roadmap

  • February 2017

  • Concept development. BEGINNING
  • February 2017

  • Concept development
  • October 2017

  • White paper and project concept approval
  • November 23, 2017

  • Tokens pre-sale to early-stage investors
  • Read More
  • November 23, 2017

  • Tokens pre-sale to early-stage investors
  • December 1, 2017

  • VINChain Token pre-Sale
  • December 24, 2017

  • End of VINChain Pre-ICO
  • December 24, 2017

  • End of VinChain Token pre-Sale
  • March 2018

  • MVP Testing
  • January 2018 - April 2018

  • Development of MVP
  • January 2018

  • Alpha version of VINchain report
  • March 22, 2018

  • ICO VINChain
  • February 1, 2018

  • ICO Vinchain. In 6-16 weeks tokens will be listed on exchanges
  • February 2018

  • Alpha version of VINchain app
  • April 16, 2018

  • The beginning of token distribution
  • From February, 1 to April, 15 2018

  • ICO VINchain
  • April 20, 2018

  • Product finalization and add-on for faster operation
  • March 2018

  • Vinchain Blockchain Development
  • March, 2018

  • VINchain Blockchain Development
  • 4th quarter of 2018

  • Final product for users
  • April 16-23, 2018

  • Tokens distribution
  • May, 2018

  • Alpha version of the Vinchain Blockchain
  • May, 2018

  • Alpha version of the VINchain Blockchain
  • June, 2018

  • Beta version of VinChain Blockchain, VinChain API, Vinchain App, VinChain report
  • June, 2018

  • Beta version of VINchain Blockchain, VINchain API, VINchain App, VINchain report
  • 3rd Quarter, 2018

  • Spreading throughout the USA and Europe, starting to generate revenue
  • 4th Quarter, 2018

  • Spreading throughout Europe
  • January, 2019

  • VINchain Big Data analytics for Enterprises
  • January, 2019

  • CONTINUE DEVELOPMENT IN ALL DIRECTIONS

Activity

Followers:
7 143
HIGH
Tweets:
267
MEDIUM
30 Days Growth:
-450

Team

Verified 20%

Attention. There is a risk that unverified members are not actually members of the team

Alex Miles
CEO
unverified
Andrei Krainik
CEO, INVESTOR, STRATEGIC DEVELOPMENT SPECIALIST TH...
verified
Jurgis S Plikaitis
CEO/FOUNDER US ONLINE AUTO AUCTION EXPERT. SERIAL...
unverified
Aleksey Listopad
CMO
verified
Antonina Binetskaya
CTO.
unverified

2 ICO

$4 110

Pavel Yeschenko
Software engineer with more than 5 years of well-r...
unverified

2 ICO

$4 110

Michael Zhalevich
Blockchain developer. Created Tournament Managemen...
unverified
Alexandr Onyskiv
Software & Blockchain Engineer. Over 10 years of o...
unverified

2 ICO

$4 110

Vladislav Vasilchyk
System analyst with 11 years of experience in engi...
unverified
Gordon Hansen
COMMUNITY MANAGER
verified
Ethan Clark
SEO EXPERT
unverified
Anastasiya Kazakova
CUSTOMER SUPPORT
verified
Stacy Denver
Head of sale, Bitcoin advocate
unverified
Sergey Pakhomov
Full Stack Developer
unverified
Sergey Shostyr
UI/UX Specialist, Front end designer
unverified
Ivan Usovich
Full Stack Developer. An expert in implementing cu...
unverified
Taganovich Andrei
Business analyst. Was involved in used vehicles ma...
unverified
Pavel Zakharevich
Community Relations. It has been seven years since...
unverified
Dr. Simon Hassannia
Head of Business Innovation at ATU, Germany.
unverified
David Carp
ex-CPO for Kia Motors America.
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Konstantine Perzhuko...
Software Development Advisor. More than 7 years of...
unverified
Matt Carpenter
Advisor. Chief Financial Officer of Audi of Americ...
unverified
Mark Taylor
Advisor. Currently working at PureCars
unverified

2 ICO

$777 006

Richard Patterson
Advisor. Serial entrepreneur & innovator
unverified

6 ICO

$8 004 110

Ryan Scott
Advisor. Entrepreneur, social impact investor, hum...
unverified

9 ICO

$3 143 033

Roger Crook
Advisor. Entrepreneur, disruptor and independent s...
unverified

4 ICO

$33 354 430

Hillik Nissani
Advisor. Seasoned senior executive with a proven t...
unverified
Eugene Koval
Software Development Advisor. Project Manager with...
unverified
Ed Cicale
Advisor. VP AutoNation e-Commerce and Customer Com...
unverified
Ms. Julia Z. Nikolae...
Advisor. Managing Partner at Crypto Law Group. Is...
unverified

Former members

Andrei Krainik
CEO, INVESTOR, STRATEGIC DEVELOPMENT SPECIALIST TH...
Jurgis S Plikaitis
CEO/FOUNDER US ONLINE AUTO AUCTION EXPERT. SERIAL...
Oleg Khovayko
Advisor. Cryptography and Financial Expert
Stanislav Polozov
Advisor. The head of the Emer platform implementat...

VinChain Interviews

Andrei Krainik
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
!
Aleksey Listopad
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
VinChain is creating a worldwide decentralized database of vehicle information that is 100% transparent, reliable, and accessible by everyone. This database is blockchain based, which will guarantee that the information in it has not been faked, changed, or deleted. The blockchain guarantees full transparency and builds trust in the system.

Information is captured from country registries, insurance and leasing companies, different partnered services, private registers, paid APIs, and certified members. Information is also captured directly from the vehicle, so the data is live and updated in real time.

Our platform is an open system and anyone can join and benefit from our network. VinChain will provide you with 100% reliable and accurate information about the car you’re going to buy, so you can be absolutely sure that it’s safe to drive!
Gordon Hansen
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Gained huge marketing experience in Epicurex LLC company. Became VP of sales in 2014.
Anastasiya Kazakova
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
CUSTOMER SUPPORT-VINchain.io
$ 0.0056
25.58%
Coin Stats
Daily, %:
25.58%
Weekly, %:
86.02%
Monthly, %:
92.54%
Market Info
Market Cap:
$ 2.727 M
Volume 24h:
$ 157.404 K
Circ. Supply:
480.109 M VIN
Ticker:
VIN
ICO profit
X 0.1025
ICO Price~$0.0550
4.11
positive
5.0 14
ICO Profile Vision Activity Potential Product Team
icorating
stable
icobazaar
4.3
4.1
icomarks
7.2

VinChain Reviews

Samson Owiti
Cryptotrader, Crypto investor, Blockchain business expert

VINCHAIN –CENTRALIZATION OF VEHICLE HISTORY

The ownership of a vehicle is one of the most important feeling as it comes with its pride. However the rush to be in possession of used vehicles has landed most individuals into more problems of daily expenditure on repairs due to the wrong choices made. Centralization of the vehicle history will therefore promote the understanding of the different model of the vehicles hence providing unlimited choices to the customers.

POSITIVE VALUES

Easy trace of information: The centralized vehicle history ensures an easy trace of the vehicles history to the customers. This eliminates the false judgment usually made through an overlook of the vehicles in the garage forecourt and show rooms or inspecting its mechanical conditions without more considerations. In order to curb the regrets and repucations associated with this act, the centralized vehicle history will provide the customers with all the details of the vehicles of their choice.

Specialty markets: The records of the vehicle history are of great essence to different customers especially where they are after a specific model or type of vehicle. This is very vital information provided through the online service history and log books.

Provision of ownership and manufacturers details: The vehicle history explicitly identifies the various owners of different vehicles and ensures easy access of this to the customers. This further enables the customers to know the millage of the vehicles of their choice and even the recorded accidents through vehicle identification number.

NEGATIVE VALUES

Lack of warranty: when a customer acquires a used vehicle via the centralized vehicle history warranty is not always guaranteed and this can lead to losses in case of vehicle break down.

RECOMMENDATIONS

The centralization of the vehicle history is a vital investment and serves the customers off the risks associated with fraudulent business out of pretense. Its provision of independent information about the particulars makes it more reliable as compared to the word of mouth hence making the project viable.

Read More
icocrunch.io
review

We had a close look at project’s website, whitepaper and team profiles. Whitepaper is weak and inconcrete. Basic issues such as the problem, consumer, business cases and GMT are not elaborated. There are common words about AI instead of the technology itself. Even in case Vinchain won’t vanish straight after ICO the team probably will not accomplish the project.

Read More
expert-coin.com
reviews

The White Paper is long, but there are too many repetitions. One idea is written over and over again. There are also too lengthy technical descriptions.

The White Paper is currently in “draft” stage.

Read More
icotokennews.com
reviews

Unlike other ICOs, such as Koios, XYO, ORIGAMI NETWORK, Lympo (LYM), Current (CRNC), Cryptomon Token, Onyx, JOYSO and a lot more, VinChain, with its vehicle lifecycle repository or decentralized blockchain database, aims to create a transparent market for both the sellers and buyers of used or salvage cars.

The system solves the problem of asymmetric information, a term George Akerlof used in his 1970 paper, “The Market for ‘Lemons’: Quality Uncertainty and the Market Mechanism”. This platform will need to vie with a few competitors, but it shows potential if you are a car owner or a used car lover looking to invest.

It looks like a solid project. If you also believe in this project, then maybe you should look up their website and consider joining the VinChain ICO sale.

Read More
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