VinChain has been making waves over the cryptocurrency world. Not too long ago, they just reached the first goal on the way to success by selling 1,000,000 tokens. Since then, VinChain has attracted many investors from all over the world who are interested in seeing the project grow.
Fairly recently, the VinChain team has presented the Alfa Version of the VINchain System which they have been working for almost a year. Users just need to put the VIN number of a car they are interested in, choose the payment method, and they will receive the report.
At the moment there is no central, single database of cars that is both decentralized and accessible to everyday users. VinChain solves this problem of asymmetrical information in the used car market by creating a decentralized, immutable and reliable vehicle lifecycle repository.
This project has already earned a lot of attention from the automotive industry. They have won the second prize at the Moonrise startup competition in Tallinn, and they have been participating in conferences all around the world from North America, Europe, Moscow, to Dubai.
In addition, the VINchain ICO will launch on February 1 st and will be held through April 15th, so now is the best time to prepare. The starting price is 1 ETH=20000 tokens+bonus (25% at the start), and this bonus will be available till the moment they collect 1290 ETH. Also, the soft-cap is 3300 ETH and the hard-cap is 23250 ETH. The total supply for the ICO is 600,000,000 tokens.
To make a purchase, users just need to go to their account, where they will see the address they need to transfer money to. VinChain will accept BTC, ETH, LTC, and DASH as a payment. If you the user is going to spend more than 2,5 ETH, they need to do a KYC, but it’s possible to do this after sale, as the team has post KYC. Users will be able to add tokens to their wallet straight after the purchase, but they can use them only after the tokens will be distributed which is within a week after the end of the ICO.
To know more about this project, please visit the following websites:
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