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VLB

The Vehicle Lifecycle Blockchain


VLB Tokens streamline the $1.8 trillion vehicle lifecycle industry. Vehicle Lifecycle Blockchain creates cost saving and operations optimization opportunities for auto industry players. Value of these opportunities exceeds the value of VLB Tokens at ICO by multiple orders of magnitude. Vehicle Lifecycle Blockchain will ultimately be fully decentralized and will be deployed by CarFix in cooperation with QIWI Blockchain Technologies (NASDAQ: QIWI) CarFix, the issuer of VLB Tokens, is a transaction platform that is reshaping one of the largest consumer industries in the world – auto sale, repair & maintenance. CarFix, just after 18 months since creation, has already brought a significant degree of order and transparency into the industry. CarFix has developed and implemented software that establishes algorithm based final fixed prices for all key repair and maintenance works. CarFix has support of institutional investors.

Infrastructure

3.8


4.1
ICO PROFILE
4.0
TEAM
3.6
VISION
3.1
PRODUCT
Ended
Start Date 12 Mar 2018
End Date 09 Apr 2018
Token VLB
Platform Ethereum
Price 1 ETH = 650 VLB
Country Estonia

About VLB

CarFix ecosystem is currently comprised of 280 fully integrated repai rshops (with 500+ onboarded repair shops in total), all key spare parts distributors, dealers of most popular mass-market car brands, a major insurance company and the leading Russian auto lender. This ecosystem is continuously growing and evolving to accommodate the optimal supply and demand equilibrium along the entire vehicle lifecycle.

The existing CarFix ecosystem and software systems present a perfect staging ground to develop and deploy the blockchain technology described in the whitepaper. CarFix’s current business model, which is driven by the notions of transparency, efficiency and fair pricing, will be further empowered by the blockchain’s core premises ofd ecentralization and immutability of records. Implementation of multi-signature authorization mechanisms to verify transactional integrity will further morph the interrelationships between Market Participants into a single cohesive “Car Lifecycle Industry”.

Proceeds from the ICO will be used to develop and build the blockchain technology specifically tailored for the Vehicle Lifecycle Industry. CarFix current business model will be used to test the blockchain and subsequently proliferate its implementation beyond CarFix globally.

Team

Oskar Hartmann member of VLB ICO
Oskar Hartmann
CO-FOUNDER
Paul Nazarov member of VLB ICO
Paul Nazarov
CO-FOUNDER
Vladimir Lupenko member of VLB ICO
Vladimir Lupenko
CO-FOUNDER
Maxim Manturov member of VLB ICO
Maxim Manturov
CTO
Peter Kalambet member of VLB ICO
Peter Kalambet
BLOCKCHAIN DEVELOPMENT TEAM LEADER
Ilyas Taitsenov member of VLB ICO
Ilyas Taitsenov
HEAD OF BUSINESS DEVELOPMENT
Denis Tanaev member of VLB ICO
Denis Tanaev
HEAD OF PRODUCT DEVELOPMENT
Maksim Kurguzov member of VLB ICO
Maksim Kurguzov
CMO
Alexander Kucherov member of VLB ICO
Alexander Kucherov
HEAD OF SALES
Sergey Lushin member of VLB ICO
Sergey Lushin
OPERATIONS OFFICER
Hannes Shariputra Chopra member of VLB ICO
Hannes Shariputra Chopra
CEO OF SBERBANK INSURANCE
Sergey Solonin member of VLB ICO
Sergey Solonin
CEO AND FOUNDER OF QIWI GROUP
Alexey Arkhipov member of VLB ICO
Alexey Arkhipov
DIRECTOR FOR CRYPTO-TECHNOLOGIES AT QIWI
Artem Sitnikov member of VLB ICO
Artem Sitnikov
PARTNER AT FINANCIAL CONSULTING GROUP

Milestones

  • 1

    April 2016

    CarFix is founded as a transactional platform to upend the car repair industry.

  • 2

    July 2016

    Platform is created and launched.

  • 3

    August 2016

    “Proof of concept” attained with 3,000 customers served and 200 repair shops onboarded.

  • 4

    October 2016

    5M EUR raised from Tier 1 investors: Mail.ru Group, Kima Ventures, Solway Group, Foresight Capital, Similie Ventures.

  • 5

    December 2016

    CarFix platform becomes the largest chain of auto repair shops in Russia.

  • 6

    APRIL 2017

    Onboarding of major authorized auto dealers.

  • 7

    JUNE 2017

    Commenced integration with the largest Russian bank and insurance provider and with a major global fleet management company.

  • 8

    JULY 2017

    Commenced expansion into the US market: found local partner, mapped Los Angeles and South Florida based ecosystems of repair shops, spare parts distributors, insurance providers and auto dealers that are required for a successful deployment of CarFix plat.

  • 9

    AUGUST 2017

    150,000 customers on the CarFix platform, 500 repair shops, all major original and non-original spare parts supplied via third-party distributors.

  • 10

    NOVEMBER 2017

    Gross sales of $1 million per month, ICO.

  • 11

    DECEMBER 2017

    Build a fully staffed development and programming team.

  • 12

    MARCH 2018

    1 millionth customer on the CarFix platform, gross sales of $10 million per month.

  • 13

    JUNE 2018

    - Alpha version of Vehicle lifecycle blockchain.
    - CarFix ecosystem to include 800 – 1,000 repairs shops, key regional insurance companies and auto lenders, major vehicle manufacturers and their dealer networks, as well as all leading OEM’s via their existing distribution networks, full operational deployment in the US.

  • 14

    SEPTEMBER 2018

    Beta version of Vehicle lifecycle blockchain.

  • 15

    DECEMBER 2018

    - Stage 1: Vehicle lifecycle blockchain deployed across the entire CarFix ecosystem.
    - Gross sales of $50 million per month.

Financial

Token Info
Token VLB
Token Type ERC20
Platform Ethereum
Price in ICO 1 ETH = 650 VLB
Tokens for Sale 175000000
Investment info
Accepting ETH
Distributed in ICO 80%
Soft cap 4,000,000 USD
Hard cap 12,000,000 USD

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