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Topic: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️ - page 7. (Read 726 times)

newbie
Activity: 28
Merit: 0
I have to say that I love the idea, but I have an important question. How will you make a profit?

Hi Rodrigalb. Thank you for the support!

The TLT foundation will be a non-profit entity governed democratically by its member businesses and token stakeholders. It will fund operations through a combination of the endowment of TLT reserved for this purpose and modest fees from members of the consortium. Smiley
newbie
Activity: 4
Merit: 0
I have to say that I love the idea, but I have an important question. How will you make a profit?
newbie
Activity: 28
Merit: 0
Interesting concept! But how will you compete with the likes of Booking.com, Expedia, and co., who already have well-established customer databases supporting them?

Well, we find that there is no need to compete. While the TravelerToken system will act to reduce the number of intermediaries by creating a common infrastructure that can be leveraged, there will always be a need for companies that spend time and effort on pulling customers in, providing them with a nice experience, and offering support services. That will always add a bit of cost in the middle between the supplier and the consumer. The difference will be that instead of multiple intermediaries adding very little value to the end product, there will be at most one or perhaps more where actual value can be added. And that's where we come into the picture!  Wink
newbie
Activity: 38
Merit: 0
Interesting concept! But how will you compete with the likes of Booking.com, Expedia, and co., who already have well-established customer databases supporting them?
newbie
Activity: 28
Merit: 0
Hey! May I know at which stage are you right now? Like, do you have a beta version of the product yet?

Hey there! Currently, we already have an ERC20 token and the debit card up and running. The native TLT system is still in primary research and testing stage. The 'beta' phase - which is the public release of the testnet and Dapp framework - will happen in 2019 Q3.
newbie
Activity: 27
Merit: 0
Hey! May I know at which stage are you right now? Like, do you have a beta version of the product yet?
newbie
Activity: 28
Merit: 0
Thanks...I'm really curious about this project, and I have a question for the tech team: Why do you choose to use your own blockchain?

Thank you for the question! Public blockchain platforms suffer from serious scaling and performance issues. To enable highly scalable, low latency, and cost-effective fully decentralized systems and to eliminate the need for semi-centralized approaches, significant future advances will need to be made in blockchain technology. Projects such as TrueBit, the Lightning/Raiden networks, IPFS and Filecoin, Mysterium, and IOTA are steps in that direction. But these are merely the precursors.
newbie
Activity: 30
Merit: 0
Thanks...I'm really curious about this project, and I have a question for the tech team: Why do you choose to use your own blockchain?
newbie
Activity: 28
Merit: 0
Who’s in charge? Any valid background on who’s developing this project?

Hello rodrigalb,

Thorben Biesenbach (https://www.linkedin.com/in/thorbenbiesenbach) is the CEO of TravelerToken, alongside a very reputable team and highly-qualified advisors.

You can check the core TLT team a in full here: https://www.travelertoken.com/#team-advisors1
newbie
Activity: 4
Merit: 0
Who’s in charge? Any valid background on who’s developing this project?
newbie
Activity: 99
Merit: 0
in my opinion this project is very interesting.
success for this project
newbie
Activity: 182
Merit: 0
This is good project because have good information token sale,good concept,fundation goal and nd a team that has an innovative idea to make a successful project.
newbie
Activity: 98
Merit: 0
I have participated in this project, I advise everyone to join because I find this project has good team and good mentor will help the project achieve the goals that the project put forward.
newbie
Activity: 14
Merit: 0
Wow pretty sure this project will moon well.  Tongue At which stage are you right now? Do you have a beta version of the product yet?
newbie
Activity: 22
Merit: 0
Hey guys, interesting project. So what exactly can you do with the TravelerToken?
brand new
Activity: 0
Merit: 0
Is there a KYC process, and if yes, are there specific requirements for participation in the KYC process?
newbie
Activity: 154
Merit: 0
Aside from a trading platform it is great to know TravelerToken offers a merchandising area. The tokens will be valuable for the merchandiser and buyers. A great way to spend and earn.
newbie
Activity: 28
Merit: 0
Is there a KYC process, and if yes, are there specific requirements for participation in the KYC process?

Yes, there is. We do not accept participation from Restricted Persons and reserve the right to refuse or cancel TLT token generation event participation requests at any time, with sole discretion, when the information provided by the potential participant within the KYC procedure is not sufficient, inaccurate or misleading, or the potential participant is deemed to be a Restricted Person. The list of restricted countries are as follows:

United States, Singapore, Socialist Republic of Vietnam, People’s Republic of China or resident of a country where American embargoes and sanctions are in force, namely Iran, North Korea, Syria, Sudan, or Cuba.
newbie
Activity: 28
Merit: 0
Thanks for the answer. Is there any country limitations for investment? I live in Singapore.

Hello theKryptoGuy,

Unfortunately Singapore is part of the restricted countries. Investment is valid for every Nationality, except the US, Singapore, Vietnam, China or any resident of a country where American embargoes and sanctions are in force, in particular Iran, North Korea, Syria, Sudan, or Cuba.

However, feel free to keep an eye on the project. Any support and feedback are highly appreciated!
newbie
Activity: 16
Merit: 0
Thanks for the answer. Is there any country limitations for investment? I live in Singapore.
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