The four most famous international exchanges:

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China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

1. Project name

Vechain(VEN)

2. Project positioning

The world's leading blockchain commodity and information platform

3. Brief review of the project

The project aims to solve the problem of product information and trust in the commercial society, using blockchain to build an anti-counterfeiting tracking system for high value-added products, and based on this to create a trustworthy business ecosystem. The project has a large market space and is partially implemented. Cases and revenue, strong investment value, moderate risk.

4. Project Progress

From the design of the first-generation product in June 2015; in June 2016, VeChain V0.1 was launched, and the first-generation VeChain smart chip and the first commercial application case were launched; in May 2017, VeChain V3. 0 plan was launched to realize the launch of more industry cases including luxury goods, automobiles, agriculture, auditing, etc.; the VeChain BAAS platform was launched in 2017Q4.

5. Project characteristics

1. The project team has strong strength and industry resources;

2. The project has been developed and tested for two years, has a certain amount of technology accumulation and sample cases, and has a certain amount of revenue;

3. The project consultant team and investor team give strong endorsement to the project;

4. The project aims to build a distributed trust network, taking the anti-counterfeiting traceability of high value-added products as the entry point, making it easier to implement.

6. Project Team

CEO: Lu Yang, 13 years of experience as an IT executive in Fortune 500 companies, former CIO of Louis Vuitton China; Secretary General of VeChain Foundation;

Senior Technical Director: Gu Jianliang, who worked for TCL Communications and has more than 16 years of experience in embedded software development and management;

Marketing person in charge: Fu Yu, with 20 years of experience in sales and marketing of foreign companies, has served as a senior executive and sales director in Shangri-La and Louis Vuitton China.

7. Project consultant

Ai Hui, chairman of Kunhou Financial Leasing (Shanghai); Nan Xiaoning, founder of Bit Ocean; Yi Lihua, partner of Youling Capital; Yu Wenbo, executive director of Fenbushi Capital; Gong Ming, founder of Blockchain Pencil, ICOAGE, CYBEX Person; Deng Chaohua, founder of Wasu Fund, co-founder of YiExchange, original ico365
CEO, former Operations Director of Bit Times; Gao Dongliang, Chairman of Dingming Financial, Vice Chairman of the Finance Committee of China Federation of Logistics and Purchasing

8. ICO progress

ICO time: 2017.8.18-2017.8.21

ICO progress: 100%

9. Token Overview

Project token: 1 billion (ICO coins will be refunded and destroyed)

ICO ratio: 41%

Private equity investors: 9%

Corporate investors: 23%

Founding team + development team: 5%

Sustaining operations and technological development: 12%

Commercial promotion: 10%

Token pricing: 0.5CNY/coin

10. Project Financing and Valuation

ICO funding: $35 million

ICO financing valuation: $85 million

Token circulation: 277.1 million

11. Token Generation and Use

Token Generation: ICO Sale

Token functions: product/service application payment/value transmission/value measurement/transaction medium/smart contract GAS fee/node reward

12. Common links

Official website: 

White paper: 

13. The partition where the currency is located

Innovation District