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Milestones 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.

3.1
6 5 expert ratings
Benchy 3.0
KYC
Experts
3.6
3.5
2.7
Review: coming soon PRO
Ended
Token
VLB
Type
Price in ICO
0.6110 USD
Country
Whitelist/KYC
None
Restricted areas
USA, China, Singapore
preICO start
5th Feb 2018
preICO end
12th Mar 2018
ICO start
12th Mar 2018
ICO end
9th Apr 2018
Visit ICO website
Report

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.

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