Topic: 🌎 [ANN]TravelChain |TokenSale starts DEC 15| SMART-TRAVELLING ECOSYSTEM 🔥 - page 6. (Read 21387 times)

Where can I monitor the amount of funds raised on ICO?

Hello. I’d like to tell you that there will be a principle of delegated democracy on the platform. It means that every token holder will have a voting right in Travel Chain, even if he has only one coin. Consequently, the more tokens a token holder has, the greater his voice is. 

Token holders are already beginning to be admitted as stake holders which are a force in a company and can influence something. It’s a pity that Travel Chain decided to avoid it, otherwise I would be more interested in investing in this project. 

Hello. I don’t really understand, why will the company issue up to 10% of additional coins every year? Can anybody explain me this?

Hello, comrade! If you mean BitcoinTalk we have a signature campaign going right now here. Tokens for participants are from the bounty program fund.

Hi! Yes, thanks for support! That's true, the ICO will last for 2 months - from Dec 15, 2017 to Feb 15, 2018  

Hi everybody! I’m very glad that the ICO has started! Tell me please, until what date will it last?

Hi, bro! Tracker on the website will appear as soon as possible. You can see the amount collected on https://wallet.travelchain.io in the Token Sale folder in the bottom of the page right now

Hi, devs! Did I get it right that i can see the amount of tokens being collected during ICO in real time? If yes, share a link, please.

Hi there! Rudex roofers are supporting us for example. Here's an examaple

Not so famous, but they are awesome! Still, we're making an effort in this field

Good afternoon! Have you managed to win support of any of the most famous travelers to promote the project? I'm sure some of them will be interested.

What kind of additional services do you mean? Like services from partners or smth else?

I’ve got a question... What satellite, additional services will there be in the system?

Hi! This is an innovative idea.

May I ask, what kind of users you are expecting to get?
If I am not mistaken, the incentive of people sharing their data is Tokens, which may or may not be worth a lot.
Considering PPC advertising is about US$0.5-5 per click, even if you get a conversion rate of 5% which is quite high imo, users can only get paid a maximum of $0.025-$0.25 per share of data. Take note that the upper end of this is dominated by scammy websites and companies. While this might sound like a lot of money, we would have to consider that:

A) to people who do not have a lot of money and are travelling on a shoestring budget, they have much less disposable income and so end conversions by your target advertiser, I.e. The small shoe business in Italy, will be very small

B) to people who do have the disposable income, but then would likely not be interested in getting tons of notifications or requests for the relatively paltry sum. If my trip costs me US$5000, would I really want to earn $5 in exchange for giving up a lot of trip data?

The other issue is that the customer already has quite a lot of free accessible resources such as Tripadvisor, which although may not be the most accurate, is nonetheless a good crowdsourced way of accessing so called hidden treasures.

Looking forward to your responses thanks.

Hello! Everything is according to the plan, bro   

Hi! Did you mean development of the business like global institution or the development of the TravelChain?

Hello! Yeah, the idea of data monetization is one of the main in the TravelChain We want to make this fair!

Hello! To clarify, ALL tokens well be received after 12 months, not partly during the year.

Hello! Number of delegates can be between 0 and 1000 according to Tech WP: https://travelchain.io/technical_whitepaper.pdf