Today VINchain price in US dollars is currently
0.0050
USD, and if converted to Bitcoin is
0.00000054
BTC. A total of 590,108,901 VIN are currently circulating in the Market. VINchain price is currently experiencing a change of 3.23 %, and check here all cryptocurrency. Over the past 24 hours 0.002 M US dollarsVINchain have been traded on Crypto Exchanges. Get VINchain's progress by adding it to your favourites and creating a free portfolio.
VINchain is creating a blockchain database of used vehicles information that is accessible by everyone. The VinChain Token is an ERC20 token built on the Ethereum network and is used as a utility token on all the apps in the VinChain platform.
Technology
VINchain Crypto Technology
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Features
VINchain Crypto Features
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VINchain is creating a blockchain database of used vehicles information that is accessible by everyone. The VinChain Token is an ERC20 token built on the Ethereum network and is used as a utility token on all the apps in the VinChain platform.
Team:
Alex Miles: CEO. Marketing strategist.
Andrei Krainik: Founder, Chief innovation officer.
VinChain will be holding its ICO starting February 1st, 2018. The ICO token allocation represents 60% of the total token supply, so there will be a total of 600,000,000 tokens available for a 0.00005 ETH base price. The ICO funding target is 3,330 ETH, the funding cap is 23,250 ETH and is expected to end on Aprill 15th, 2018 or when the funding cap is reached. Any unsold/remaining tokens will be burned.
Token Reserve Split (40%):
25% - are reserved among founders, consultants and other members of the team with a sale restriction of 2 years.
5% - are reserved for the advisory board. If all tokens will not be distributed it will be burned.
1,25% - are reserved for early token purchasers with a sale restriction of 3 months after the ICO ends.
8,75% - are reserved for a sale restriction of 2 years.
Bonus Structure:
40% Until 1290 ETH is collected, 1 ETH = 28000 VIN;
25% Until 4 950 ETH is collected, 1 ETH = 25,000 VIN;
20% Until 8 610 ETH is collected, 1 ETH = 24,000 VIN;
15% Until 12 270 ETH is collected, 1 ETH = 23,000 VIN;
10% Until 15 930 ETH is collected, 1 ETH = 22,000 VIN;
5% Until 19 590 ETH is collected, 1 ETH = 21,000 VIN;
0% after 23 250 ETH is collected ,1 ETH = 20,000 VIN;