Quote from: coinfast on November 24, 2017, 11:11:27 PM

Quote from: VLB_token on November 24, 2017, 11:25:11 AM

Do you know what your money is being spent on when you invest in ICOs? The transparency in the industry is shockingly poor! We are at the forefront leading the charge on introducing new self-imposed disclosure standards.

📍 Please see the detailed breakdown of Vehicle Lifecycle Blockchain development budget.
We have developed thorough estimates of the resources that we will require to build and deploy the VLB. We have also estimated several budget scenarios dependent on the amount of money we raise during the ICO.
📍 The difference between the scenarios is the speed of VLB developemnt and the breadth of its deployment across industry participants and geographic markets.

❗ You can find the budget scenarios in White Paper (https://vlb.io/Whitepaper.pdf.pdf) p.52-54.

Budget scenarios, mln USD over a three-year period

The purpose of this Appendix is to show various budgets and uses of funds dependent on the amount of money raised during the ICO.

CarFix will be able to develop and deploy the Vehicle Lifecycle Blockchain under any one of the four scenarios depicted herein.

The more funds will be raised during the ICO the faster the speed of VLB deployment and the greater the breadth of its adoption by Industry Participants around the globe.

$90M - A scenario

$60M - B scenario

$30M - C scenario

$10M - D scenario

Seeing these scenarios that you presented right here just proves how prepared you are to bring this project to the top. VLB is really setting the standards high here, the devs are very transparent on their funds and where this funds will be going into, so far this project is doing very nice and this gives good results

Wow, this is huge step towards the full transparency. I wish that all of the ICOs do something like this Wink