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#Blockchain, #Finance All projects

Vehicle Lifecycle Blockchain: Cut costs and inefficiency in the auto industry

We will bring safety and power back to the people in the most innovative global consumer-oriented industry.

stage Ended crowdsale

4.3 Rating

by 5 users


    man Oskar Hartman


    Notable startup experience: KupiVIP - Largest off-price fashion retailer in Russia and CIS, CarPrice (co-founder), Aktivo (co-founder), Simile Venture Partners — Investment Fund for early stage start-ups within the Consumer Internet and Digital Media sectors in the emerging markets (cofounder), Lesara — Largest cross border e-commerce company in Europe (co-founder), Zaodno — Single price retail chain (co-founder)
    Experience: BMW (Kuala Lumpur, Malaysia), Boston Consulting Group (Moscow, Russia), Houlihan Lokey (middle market investment bank)
    Education: WHU (Berlin, Germany), MBA, University of Hawaii

    man Paul Nazarov


    Notable startup experience: AloeCure.com (co-founder, responsible for business development), FCG (co-founder, transaction service and valuation advisory)
    Corporate Experience: Macquarie Group (infrastructure fund management), Mubadala Development Company (sovereign wealth), NRG Capital (middle market private equity), Houlihan Lokey (middle market investment bank)
    Education: Stern School of Business at New York University

    man Vladimir Lupenko


    Notable startup experience: FCG (co-founder, managing partner), CarPrice (co-founder), Aktivo (co-founder, ex-CEO, real estate crowdfunding platform), Raketa (co-founder, innovative mass market gym chain)
    Corporate Experience: KPMG (transaction advisory)
    Education: Plekhanov Finance Academy, Vienna University of Economics and Business Administration, ACCA certified

    man Maxim Manturov


    Past Experience: Over 17 years of experience as a programmer, software development manager, and CTO. He has worked for such notable companies like Lukoil, Rostelecom, and Redmadrobot – the leading third-party software developer in Russia.
    In his role as a CTO he was responsible for developing and MAXIM MANTUROV launching Bringit, an online food delivery platform in London.

    man Peter Kalambet

    Blockchain Development Team Leader

    Past Experience: 6 years of programming and systems
    engineering. Most prominent experience includes 4 years at IBM Science and Technology Center, where Mr. Kalambet developed various blockchain pilots and distributed payments systems. Peter is a member of the QIWI Blockchain Technologies team. He holds a graduate degree in Computational Mathematics and Cybernetics from Moscow State University and a post-graduate degree from the Institute for System Programming at the Russian Academy of Science.


    man Hannes Shariputra Chopra

    Ex-CEO of Sberbank Insurance

    Past Experience: Mr. Hannes Shariputra Chopra boasts over 25 years of experience in the insurance industry. He is former CEO at Sberbank Insurance, the fastest growing insurance company on the Russian market. Mr. Chopra served as the Executive Vice President of Allianz SE and President of Allianz CIS and Allianz Eurasia.
    Mr. Chopra worked with Allianz AG from January 1996 to 2011 and was responsible for international development (CIS countries, Central & Eastern Europe, Africa, Middle East, South Asia).
    Previously, Mr. Chopra held senior management posts at Allianz AG, ROSNO, Allianz Eurasia, and CKW-Consult.

    man Sergey Solonin

    CEO and founder of QIWI Group

    Past Experience: Mr. Sergey Solonin is the CEO and founder of QIWI, a NASDAQ listed company and the leading online payment service in Russia. He is also the founder of the Russian Blockchain Academy and a managing partner of Target Global Fintech Opportunities Fund, which focuses on fintech and blockchain based technologies.
    Within Qiwi, Mr. Solonin launched a research and development division called Qiwi Blockchain Technologies. This division created the first blockchain specifically tailored for streamlining relationships within the banking sector called MasterChain. It is currently being deployed within the banking
    sector in Russia.
    Mr. Solonin received a Degree in Economics from the Russian Financial Academy in 1996.

    man Nitin Gaur

    Director at IBM Blockchain Labs

    Past Experience: Nitin Gaur currently serves as Director of IBM’s Blockchain Labs, which is focusing on devising industry standards and use cases to make “blockchain for enterprise” a reality.
    Prior to this role he was working in the capacity of CTO, IBM’s Mobile Payments solutions, and IBM Bluemix, and also led Enterprise Mobile Solutions. Nitin led the Application Infrastructure Portfolio of IBM Middleware before taking on MobileFirst Solution portfolio.
    Nitin is the foremost world expert in distributed systems and blockchain technology. He has worked with many Fortune 500 companies to develop various enterprise technology solutions in over 20 countries.
    Nitin holds a MS in Management Information systems and an MBA in Finance from the University of Maryland.

    man Alexey Arkhipov

    Director for crypto-technologies at QIWI

    Past Experience: Alexey Arkhipov is one of the understood leaders and tech visionaries of Russian IT and the payment market. He is a pioneering technologist with 8+ years of executive-level experience leading innovation in various distributed systems in the financial industry.
    Since 2014, Mr. Arkhipov has been fully focusing on Blockchain R&D as a CTO of Qiwi Blockchain Technologies.
    In 2017 Alexey was appointed as a head of the Distributed Ledger
    Technology unit at FinTech Association, which unites leading Russian banks and financial companies. He currently leads technical development of the first Russian DLT platform Masterchain.
    Mr. Arkhipov holds a Degree in Engineering (2006) from Moscow Technological University

    man Roberto Medrano

    CEO of Beach View Capita

    Past Еxperience: Mr. Medrano has been a cybersecurity pioneer by working in the early phases of the firewall, content security, and security policy. He was General Manager of HP Software, serving a vital role as head of HP's key strategic emerging businesses that included cybersecurity, middleware, management, web services, CRM, and E-commerce. He also held positions of CEO at PoliVec, President of Finjan (FNJN) and Executive VP for Akana - leader API Management/API security. He was VP of Milkyway Networks (IPO 1996) – a firewall pioneer, VP at Avnet Inc (AVT), and an executive at Sun Microsystems. Mr. Medrano has also been on the board of directors or board of advisors for many security companies.
    He was recently ranked (2014) as #12 CMO Worldwide and has been selected as one of "The 100 most influential Hispanics in US", "the 100 most influential Latinos in Silicon Valley" “Top 100 most influential Hispanics in Information Technology”.
    Mr. Medrano was a Founder/Board member for Information Technology Information Sharing and Analysis Center (IT-ISAC) and participated in the National Cyber Security Summits and The White House National Strategy to Secure Cyberspace in the US.
    Mr. Medrano holds a master's degree in business administration from the University of California at Los Angeles (UCLA), a Master of Science degree in electrical engineering from the Massachusetts Institute of Technology (MIT), and a Bachelor of Science degree in electrical engineering from the University of Southern California (USC).


    Crowdsale details

    Distribution of tokens
    • Bounty, advisors (10000000)
    • Team and project development (20000000)
    • Funding Round A (ICO) (30000000)
    • Funding Rounds B&C (40000000)
    Budget allocation
    • Design, development, and programming of blockchain algorithms ($3600000)
    • Integration of Industry Participants ($2800000)
    • PR and Marketing ($2700000)
    • General and Administrative (G&A) ($1700000)
    • Other costs, including preparing and organizing future rounds for funding ($1200000)
    Details Indicators
    Token Symbol VLB
    Full Token Name VLB Token
    Pre-crowdsale Start February 5th, 00:00 GMT+03:00
    Pre-crowdsale End March 12th, 00:00 GMT+03:00
    Crowdsale Start March 12th, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or April 9th, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, $12000000
    Crowdsale Soft Cap Yes, $4000000
    Token type utility token
    Domain registration date 2017-10-12
    Domain owner Vladimir Lupenko, CarFix, LLC

    Cost of the token

    650 tokens for 1 eth

    Price without discounts


    Bonus Dates Minimum purchase amount
    20% March 12 — 19, 2018
    10% March 19 — 26, 2018
    4% March 26 — April 02, 2018

    Accepted currency

    • Ethereum

    Rate the project

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    Relevance of the problem and Market size

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    Product competitiveness

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    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

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    Token economy, Tokenization & Business model

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    Summary rate the project

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    Rate the project by other users

    Alexandr Gonchar April 12, 2018
    Rating of project


    To transfer on the blockchain all operations that will be carried out in the car it is a good, and I must say, realistic idea. The immutability of records on the blockchain, their transparency will allow to take into account everything from oil change to insurance.

    Risks and disadvantages

    It is not clear yet how the team will enter into an agreement with the manufacturer and officially use the blockchain to register all operations.


    The project is very interesting and even useful. If it will be implemented properly, it can become successful and get its niche on the market. But the future of the project depends on how the initial advertising will be conducted and how contracts with manufacturers will be made.

    Andrew Robinson April 02, 2018
    Rating of project


    A clear scheme for the distribution of tokens, a professional team of developers and advisers. Also, I don't quite agree with one of the experts in the comments about the website of the project, I'm sure the content on the website is high quality.

    Risks and disadvantages

    The auto industry is quite huge, I think it will be difficult to control all areas of this industry. A very professional development team is required to implement this project, but I'm sure the project is needed in the auto industry.


    The project solves the problem of a global scale, almost everyone has cars, so this blockchain project will be useful for millions people and it will find customers easily.

    Sofia Medda April 01, 2018
    Rating of project


    It is said in the Whitepaper that the project is supported by strong partners from
    automobile industry. Since the team has such a challenging goal this support is important.

    Risks and disadvantages

    I think the idea is very difficult to realize.


    There are huge losses of money and time in automobile sphere and blockchain technology can help to solve these problems.

    Jordan Semanda March 28, 2018
    Rating of project


    The project ensures transparency it also reduces on the expenses of owning a car. The traffic statistics are relatively high, The team is efficient and experienced.
    The use of blockchain and smart contracts makes the documentation more reliable. It keeps up to date records which are also genuine.

    Risks and disadvantages

    More ads are needed for awareness to the market .Acceptance of one cryptocurrency limits the potential growth


    The project is extraordinary the project keeps truck of the cars details which helps to ascertain the value of the car and car details at transfer of ownership, with the wide population of car users the project will hit the skies within no time. its also cost efficient and not time wasting.

    Veronika Arbisman March 22, 2018
    Rating of project


    Great idea of building a block-chain for the Vehicle Life-cycle Industry where all records related to one car or another will be gathered. Provides ecosystem to reduce costs for all players of this market. Big list of potential users.

    Risks and disadvantages

    Really impossible writing style. Difficult to perceive the information even to advanced user. Personally, my brain was cooked during reading. Probably I was not the only one, that's why Traffic statistics went down.


    Big potential behind the project. Amazing idea of service records for repaired/replaced details, increasing effectiveness in fraud detection for insurers etc. inmate in awful text. A lot of potential investors will be lost for ever just because of this.