Blocvehicle ICO Review

nahar278 (5)in #cryptocurrency • 6 years ago

What is the BlocVehicle?

BlocVehicle is an financial sharing carrier, in which every body can purchase, promote, or distribute their used vehicles without delay with other humans. This platform allows human beings to shop for or sell their used vehicles with out interference from dealers. this is primarily based totally on dependable automobile records facts, consequently creating an ecology of transparency and equality. This platform lets in the generation of income thru renting out private vehicles. by way of sharing vehicle records statistics, all of us can rent a car with out issues at an low cost fee, which may be the muse of the financial industrial company version, based totally totally on the distribution of cars.

Official YouTube Presentation

BlocVehicle Network System Based on the Ethereum blockchain

BlocVehicle is a platform based at the ethereum blockchain network that has been decentralized. The ethereum community is a community that has reliable, flexible and scalable infrastructure so one may be completely carried out in blockchain era and smart contracts

Bout block cars

BlocVehicle is an monetary sharing carrier, where anyone can purchase, sell, or distribute their used motors right away with different people. This platform lets in people to shop for or promote their used automobiles without interference from dealers. that is based totally on reliable automobile records facts, consequently growing an ecology of transparency and equality. This platform permits the generation of earnings through renting out private motors. through using sharing car history statistics, everybody can rent a vehicle with out difficulty at an inexpensive price, which can be the inspiration of the economic commercial employer model, based totally totally on the distribution of vehicles.

Aims and objectives of block vehicle

The main purpose of the BlocVehicle is to breathe lifestyles right into a modern day form of ecological machine to proportion and purchase / sell automobiles amongst BlocVehicle clients, mainly by using basing the system on the car history data uploaded to blockchain. The simple foundation of the tool isn't like traditional car condo or used vehicle sellers, due to the fact statistics permits each individual to shop for, promote, and / or lease, their used car without having to go through an agent.

Creating incredible ecology targeted on vehicle records records. This type of infrastructure, via imparting complete transparency in evaluating the charge of the car, can be capable of increase the auto employer environment proper into a clearer field.

Market

The used vehicle market and vehicle rental are currently confronted with many boundaries

•As a dealer, it's far tough to promote a car at your own price, because of the fact the customer will no longer be able to expose the facts you offer.
•Vehicle facts data cannot be accessed by means of way of one man or woman, because of the truth it's far uploaded to an unbiased 1/3 birthday celebration database
•As a purchaser, it's miles difficult to shop for a vehicle on the maximum reasonable charge, because of the fact the automobile supplier has entire control over the records provided regarding the condition of the automobile
•As the proprietor, the insurance expenses that you need to pay can not be negotiated, because your car upkeep records are maintained on numerous 1/3 party net websites that are not open for viewing
•As an individual, it is not feasible to systematically lend your private vehicle, because there's no guarantee that the automobile can be in a secure situation to force.
BlocVehicle, but, makes use of blockchain era simply so customers can get right of entry to their private automobile records statistics, which may be utilized in our tool as a method of producing earnings.
inside the market in recent times, automobile records facts is updated whenever the auto is going via maintenance strategies, and is uploaded to an insurance employer and automotive service center, wherein it will become inaccessible to the public. at the contrary, that is wherein the BlocVehicle often operates - through satisfactory transparency.

BlocVehicle plans to create a huge P2P buying and selling platform wherein it's far viable for customers to trade all varieties of used items, from small scale commodities inclusive of favor fashion designer baggage, motorbikes or maybe yachts.

The solution offered by the BlocVehicle

There are several solutions provided thru the BlocVehicle. the solution furnished will benefit the users concerned on this platform. a number of the solutions at his disposal are:

OPEN PLATFORM

BlocVehicle uses an open platform as a way to provide services for getting and selling used vehicles thru utilising the BlocVehicle community. each person can practice to hire a registered car and can search for used cars they need to shop for. The BlocVehicle community environment will be created thru collaboration with current agencies. this will make the improvement of the economic environment higher.

Automobile records statistics

history records or vehicle records can be mechanically saved on the blockchain network on the way to be the proof and assure of your car. you can use the BlocVehicle cellular application that can be used to take images at the same time as replacing vehicle spare components, whilst changing oil or whilst servicing a automobile, to car washing sports. All statistics is probably saved properly and emerge as a automobile records on the way to be the expected cost of the auto.

P2P car SHARING

You could rent your personal car to other customers very effects the usage of P2P network offerings without zero.33-celebration intermediaries. the car proprietor will make a make the most of the automobile condominium. Transactions vehicle apartment using a P2P network gadget might be greater relaxed and at an affordable charge / no longer too pricey. All transactions might be obvious and recorded within the blockchain ledger.

The use of P2P vehicle DEAL

The BlocVehicle P2P network gives protection in transactions and there may be no need to pay transaction expenses whilst shopping for or selling motors to specific customers. This platform can be safe from fraud.

Program from application

App

Can create and manipulate car records statistics. it could also manage non-public settings on used car buying and selling, manage clever Contractor fame to percent cars, and permit refusing automobile condo requests. All customers can search for used motors from their options, and can also request lease or a proposal for buy.

BlocVehicle API

Current car dealers, vehicle condominium agencies, or software program software developers for the auto records database can be given an API to get admission to the BlocVehicle network. this may help them in order that the BlocVehicle will become a technique to extend their very own enterprise and records, red meat up the coexistence of each vintage and new structures - which characteristic within the equal manner as BlocVehicle can be capable of obtain clients in pass returned.

Token

VCL Tokens may be able to give a boost to the ecological device of our special car apartment offerings. As such, a total of up to at least one,000 m VCL could be supplied in general.
The BlocVehicle Platform will serve as a win-win answer for all individuals thru integrating seamlessly into the modern automobile condo business enterprise, and also will be able to impose a balance on "asymmetry within the facts supplied" with guaranteed transparency of infrastructure.
BlocVehicle network calls for bills in unmarried currency, VCL tokens, to access their statistics and employ associated offerings. Registered car dealers or users who rent their motors, along with 0.33 activities the use of information from BlocVehicle community need to pay VCL as a shape of fee. this may keep the stability of the BlocVehicle network, with the introduced advantage of a vitalizing eco-gadget.

Token Details and Token Sales

Token Contract Address: 0xf6AEaC4e30C12eB3a69De72D089c07EAa380B3A0
Token Symbol: VCL (Vehicle Token)
Total Total Supply: 1,000,000,000 VCL (no additional tokens)
Currency Received: ETH

Pre-ICO

August 15 2018 UTC - September 14 2018 UTC Soft 2000
Number of distributions: 100,000,000 VCL
Price: 1 ETH - 5,000 VCL + Bonus 3,500 VCL
Soft Cap: 2,000 ETH
Hard Cap: 11,765 ETH

ICO

September 20 2018 UTC - October 31 2018 UTC
Total distribution: 300,000,000 VCL
Price:
a) Stage 1 - 1 ETH - 5,000 VCL + 2,500 VCL Bonus
b) Stage 2 - 1 ETH - 5,000 VCL + Bonus 1,250 VCL
c) Stage 3 - 1 ETH - 5,000 VCL
Hard Cap: 49,333 ETH

Roadmap

December 2017 - Start Project
May 2018 - Remove white paper
June 1, 2018 - Start pre-sale tokens to early stage investors
15 August - 14 September 2018 - Pre-ICO
1 July - 30 September 2018 - Complete BlocVehicle logical system
diagram Complete logic diagram & development methodology of H / W and S / W
20 September - 31 October 2018 - ICO
Q4. 2018 - Q1. 2019 - Regional promotions & partnerships for Asian markets
May 2019 - Complete the first vehicle system.
Launch BlocVehicle service (vehicle application, data, dealer & sharing service)
June 2019 - Regional promotions & partnerships for US & European markets
Q1 2020 - Complete the 2nd vehicle system
Launching the vehicle link service for used car providers
Q3 2020 - Complete the 3rd vehicle system
Launch the vehicle link service for car sharing service providers