Anybody knows what is the total supply of Lif tokens?
update - from smart contract code it looks like a mintable token with no fixed total supply. Appreciate if you can let us know how the supply of lif minted, with yearly inflation.
Thanks
Topic: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS - page 20. (Read 38148 times)
December 11, 2017, 01:10:32 PM
December 11, 2017, 01:08:43 PM
I understand that, so all that have CEO and other team members now and in the future is 20% of WT tokens?
No profit, only this 20% of tokens.
No profit, only this 20% of tokens.
This is from the contract source
/**
@dev Internal. Distribute extra tokens among founders,
team and the foundation long-term reserve. Founders receive
12.8% of tokens in a 4y (1y cliff) vesting schedule.
Foundation long-term reserve receives 5% of tokens in a
vesting schedule with the same duration as the MVM that
starts when the MVM ends. An extra 7.2% is transferred to
the foundation to be distributed among advisors and future hires
*/
function mintExtraTokens(uint256 foundationMonthsStart) internal {
// calculate how much tokens will the founders,
// foundation and advisors will receive
uint256 foundersTokens = token.totalSupply().mul(128).div(1000);
uint256 foundationTokens = token.totalSupply().mul(50).div(1000);
uint256 teamTokens = token.totalSupply().mul(72).div(1000);
seems quite high for a decentralized solution!!
December 09, 2017, 02:30:45 PM
The problem is that pre-ico gets 11 and ICO gets 10 tokens. The risk was not that high as the ICO date was announced to be close. Now that it is delayed months, the risk increased significantly AFTER we sent the money. Therefore, it is my belief that the pre-ico investors should get a higher amount because the risk increased after payment. In other words, you increased the risk without increasing the reward.
Is there any plan to reward more tokens to the pre-ico investors?
We obviously didn't wake up and decide to move the TGE date because we were feeling like it that morning. It's due to regulatory delays, and people who participated at the early stage were well aware of the risks, of which regulatory delays was one of them. As we've elaborated on continously we're mainly a B2B platform, so if the industry can't adopt our solution the whole platform is useless. Therefore, following and abiding by every regulation is key for the platforms success.
Refunds or issuing tokens to early stage contributors doesn't work as it just complicates legal matters. Also ICOs a very risky place to put money into, particularly in presales. Contributions to Winding Tree are to sustain the development of the platform, we can't just issue a refund when a contributor changes their mind. We always advise to never put more than you can afford into risky stuff.
Is there any plan to reward more tokens to the pre-ico investors?
Well, I do hope you will get more on board, but meanwhile, delaying your token generation to the pre-ico investors is simply a bad PR. It would be nice if we could get some assurance other than "you took a risk". For example, the guy who posted above me simply wants his money back.
Thanks for your comments and questions.
We're actively working on getting suppliers on board i.e. Lufthansa Group and Air New Zealand. We also have a very good awareness in the travel industry and we hope the smaller hotels and airlines will join by themselves. The platorm is open-source and permissionless so anyone can join at anytime, once it's live.
Yes of course that's possible! We will have a set of APIs to retrieve the inventory from, as of now we are building a solution for developers by developers. But overtime people may develop plugins and easier ways to interact with the blockchain.
Hi! Amazing project you got here. I work in the revenue management of a hotel, so I know first-hand the pain in the ass that Expedia and Booking are for hotels. The potential this platform has is really big. Now, I have some questions about the implementation process though.
- First of all, how do you plan to get hotels and airlines to upload their availability and prices to your platforms. Do you expect that to happen spontaneously or do you plan to make any commercial/marketing initiative so that they get to know you.
- Secondly, let's say I am interested in setting up a travel agency on WT. When will that be possible? And would I need to have programming skills to set it up?
- First of all, how do you plan to get hotels and airlines to upload their availability and prices to your platforms. Do you expect that to happen spontaneously or do you plan to make any commercial/marketing initiative so that they get to know you.
- Secondly, let's say I am interested in setting up a travel agency on WT. When will that be possible? And would I need to have programming skills to set it up?
Thanks for your comments and questions.
We're actively working on getting suppliers on board i.e. Lufthansa Group and Air New Zealand. We also have a very good awareness in the travel industry and we hope the smaller hotels and airlines will join by themselves. The platorm is open-source and permissionless so anyone can join at anytime, once it's live.
Yes of course that's possible! We will have a set of APIs to retrieve the inventory from, as of now we are building a solution for developers by developers. But overtime people may develop plugins and easier ways to interact with the blockchain.
We obviously didn't wake up and decide to move the TGE date because we were feeling like it that morning. It's due to regulatory delays, and people who participated at the early stage were well aware of the risks, of which regulatory delays was one of them. As we've elaborated on continously we're mainly a B2B platform, so if the industry can't adopt our solution the whole platform is useless. Therefore, following and abiding by every regulation is key for the platforms success.
Refunds or issuing tokens to early stage contributors doesn't work as it just complicates legal matters. Also ICOs a very risky place to put money into, particularly in presales. Contributions to Winding Tree are to sustain the development of the platform, we can't just issue a refund when a contributor changes their mind. We always advise to never put more than you can afford into risky stuff.
December 07, 2017, 11:56:25 AM
Thanks for the reply, I will follow and support your idea.
Great - if you have any other questions feel free to ask them here or in our telegram chat!
December 06, 2017, 09:33:17 PM
Thanks for the reply, I will follow and support your idea.
December 06, 2017, 10:11:06 AM
Hello WindingTree Staff,
I'm an hotel owner and I'm really interested in your project.
I have a question about the hotel booking system: I took a quick look in your API and seems to me that there is no way to choose the treatment for the room. I mean is not specified if is: only room (with no breakfast), B&B, HB, FB or AI. The API request only dates and price.
Do you have plan to implement the choice of the treatment?
(If I'm wrong sorry but I'm not a programmer).
Thanks for your time and good luck for your work.
I'm an hotel owner and I'm really interested in your project.
I have a question about the hotel booking system: I took a quick look in your API and seems to me that there is no way to choose the treatment for the room. I mean is not specified if is: only room (with no breakfast), B&B, HB, FB or AI. The API request only dates and price.
Do you have plan to implement the choice of the treatment?
(If I'm wrong sorry but I'm not a programmer).
Thanks for your time and good luck for your work.
Yes, absolutely. Our current API is just the bare minumum to test out the platform and everything.
You can fill out this form to stay updated on the platform as a supplier/startup interested in using the platform: https://windingtree.typeform.com/to/VbCetm
December 06, 2017, 10:07:05 AM
Hello WindingTree Staff,
I'm an hotel owner and I'm really interested in your project.
I have a question about the hotel booking system: I took a quick look in your API and seems to me that there is no way to choose the treatment for the room. I mean is not specified if is: only room (with no breakfast), B&B, HB, FB or AI. The API request only dates and price.
Do you have plan to implement the choice of the treatment?
(If I'm wrong sorry but I'm not a programmer).
Thanks for your time and good luck for your work.
I'm an hotel owner and I'm really interested in your project.
I have a question about the hotel booking system: I took a quick look in your API and seems to me that there is no way to choose the treatment for the room. I mean is not specified if is: only room (with no breakfast), B&B, HB, FB or AI. The API request only dates and price.
Do you have plan to implement the choice of the treatment?
(If I'm wrong sorry but I'm not a programmer).
Thanks for your time and good luck for your work.
December 01, 2017, 11:59:23 AM
Hi Dev,
you have a good list of airline partners. Is there such a list of partners among hotels?
you have a good list of airline partners. Is there such a list of partners among hotels?
Yes, we will have a comprehensive list of Hotel partners before our TGE. That's one of our main focuses right now - industry adoption.
December 01, 2017, 11:19:53 AM
Hi Dev,
you have a good list of airline partners. Is there such a list of partners among hotels?
you have a good list of airline partners. Is there such a list of partners among hotels?
December 01, 2017, 07:43:36 AM
the ANN started on July, but ico is still not launced and the replies is not as many as i expected, also, there is no bounty campaign, so people may lose interest on it
November 29, 2017, 08:30:48 AM
Well, I do hope you will get more on board, but meanwhile, delaying your token generation to the pre-ico investors is simply a bad PR. It would be nice if we could get some assurance other than "you took a risk". For example, the guy who posted above me simply wants his money back.
Thanks for your comments and questions.
We're actively working on getting suppliers on board i.e. Lufthansa Group and Air New Zealand. We also have a very good awareness in the travel industry and we hope the smaller hotels and airlines will join by themselves. The platorm is open-source and permissionless so anyone can join at anytime, once it's live.
Yes of course that's possible! We will have a set of APIs to retrieve the inventory from, as of now we are building a solution for developers by developers. But overtime people may develop plugins and easier ways to interact with the blockchain.
Hi! Amazing project you got here. I work in the revenue management of a hotel, so I know first-hand the pain in the ass that Expedia and Booking are for hotels. The potential this platform has is really big. Now, I have some questions about the implementation process though.
- First of all, how do you plan to get hotels and airlines to upload their availability and prices to your platforms. Do you expect that to happen spontaneously or do you plan to make any commercial/marketing initiative so that they get to know you.
- Secondly, let's say I am interested in setting up a travel agency on WT. When will that be possible? And would I need to have programming skills to set it up?
- First of all, how do you plan to get hotels and airlines to upload their availability and prices to your platforms. Do you expect that to happen spontaneously or do you plan to make any commercial/marketing initiative so that they get to know you.
- Secondly, let's say I am interested in setting up a travel agency on WT. When will that be possible? And would I need to have programming skills to set it up?
Thanks for your comments and questions.
We're actively working on getting suppliers on board i.e. Lufthansa Group and Air New Zealand. We also have a very good awareness in the travel industry and we hope the smaller hotels and airlines will join by themselves. The platorm is open-source and permissionless so anyone can join at anytime, once it's live.
Yes of course that's possible! We will have a set of APIs to retrieve the inventory from, as of now we are building a solution for developers by developers. But overtime people may develop plugins and easier ways to interact with the blockchain.
We obviously didn't wake up and decide to move the TGE date because we were feeling like it that morning. It's due to regulatory delays, and people who participated at the early stage were well aware of the risks, of which regulatory delays was one of them. As we've elaborated on continously we're mainly a B2B platform, so if the industry can't adopt our solution the whole platform is useless. Therefore, following and abiding by every regulation is key for the platforms success.
Refunds or issuing tokens to early stage contributors doesn't work as it just complicates legal matters. Also ICOs a very risky place to put money into, particularly in presales. Contributions to Winding Tree are to sustain the development of the platform, we can't just issue a refund when a contributor changes their mind. We always advise to never put more than you can afford into risky stuff.
November 29, 2017, 06:23:13 AM
Well, I do hope you will get more on board, but meanwhile, delaying your token generation to the pre-ico investors is simply a bad PR. It would be nice if we could get some assurance other than "you took a risk". For example, the guy who posted above me simply wants his money back.
Thanks for your comments and questions.
We're actively working on getting suppliers on board i.e. Lufthansa Group and Air New Zealand. We also have a very good awareness in the travel industry and we hope the smaller hotels and airlines will join by themselves. The platorm is open-source and permissionless so anyone can join at anytime, once it's live.
Yes of course that's possible! We will have a set of APIs to retrieve the inventory from, as of now we are building a solution for developers by developers. But overtime people may develop plugins and easier ways to interact with the blockchain.
Hi! Amazing project you got here. I work in the revenue management of a hotel, so I know first-hand the pain in the ass that Expedia and Booking are for hotels. The potential this platform has is really big. Now, I have some questions about the implementation process though.
- First of all, how do you plan to get hotels and airlines to upload their availability and prices to your platforms. Do you expect that to happen spontaneously or do you plan to make any commercial/marketing initiative so that they get to know you.
- Secondly, let's say I am interested in setting up a travel agency on WT. When will that be possible? And would I need to have programming skills to set it up?
- First of all, how do you plan to get hotels and airlines to upload their availability and prices to your platforms. Do you expect that to happen spontaneously or do you plan to make any commercial/marketing initiative so that they get to know you.
- Secondly, let's say I am interested in setting up a travel agency on WT. When will that be possible? And would I need to have programming skills to set it up?
Thanks for your comments and questions.
We're actively working on getting suppliers on board i.e. Lufthansa Group and Air New Zealand. We also have a very good awareness in the travel industry and we hope the smaller hotels and airlines will join by themselves. The platorm is open-source and permissionless so anyone can join at anytime, once it's live.
Yes of course that's possible! We will have a set of APIs to retrieve the inventory from, as of now we are building a solution for developers by developers. But overtime people may develop plugins and easier ways to interact with the blockchain.
November 28, 2017, 07:17:40 AM
Hello.
Is it possible to get back the ethereum we contributed with? They claimed to launch ICO in November and didn't keep their word.
Is it possible to get back the ethereum we contributed with? They claimed to launch ICO in November and didn't keep their word.
November 27, 2017, 03:50:49 PM
Hi! Amazing project you got here. I work in the revenue management of a hotel, so I know first-hand the pain in the ass that Expedia and Booking are for hotels. The potential this platform has is really big. Now, I have some questions about the implementation process though.
- First of all, how do you plan to get hotels and airlines to upload their availability and prices to your platforms. Do you expect that to happen spontaneously or do you plan to make any commercial/marketing initiative so that they get to know you.
- Secondly, let's say I am interested in setting up a travel agency on WT. When will that be possible? And would I need to have programming skills to set it up?
- First of all, how do you plan to get hotels and airlines to upload their availability and prices to your platforms. Do you expect that to happen spontaneously or do you plan to make any commercial/marketing initiative so that they get to know you.
- Secondly, let's say I am interested in setting up a travel agency on WT. When will that be possible? And would I need to have programming skills to set it up?
Thanks for your comments and questions.
We're actively working on getting suppliers on board i.e. Lufthansa Group and Air New Zealand. We also have a very good awareness in the travel industry and we hope the smaller hotels and airlines will join by themselves. The platorm is open-source and permissionless so anyone can join at anytime, once it's live.
Yes of course that's possible! We will have a set of APIs to retrieve the inventory from, as of now we are building a solution for developers by developers. But overtime people may develop plugins and easier ways to interact with the blockchain.
Thanks for the answer! I will be checking on your progress and I am definitely buying some lif in the TGE.
November 27, 2017, 11:22:48 AM
Hi! Amazing project you got here. I work in the revenue management of a hotel, so I know first-hand the pain in the ass that Expedia and Booking are for hotels. The potential this platform has is really big. Now, I have some questions about the implementation process though.
- First of all, how do you plan to get hotels and airlines to upload their availability and prices to your platforms. Do you expect that to happen spontaneously or do you plan to make any commercial/marketing initiative so that they get to know you.
- Secondly, let's say I am interested in setting up a travel agency on WT. When will that be possible? And would I need to have programming skills to set it up?
- First of all, how do you plan to get hotels and airlines to upload their availability and prices to your platforms. Do you expect that to happen spontaneously or do you plan to make any commercial/marketing initiative so that they get to know you.
- Secondly, let's say I am interested in setting up a travel agency on WT. When will that be possible? And would I need to have programming skills to set it up?
Thanks for your comments and questions.
We're actively working on getting suppliers on board i.e. Lufthansa Group and Air New Zealand. We also have a very good awareness in the travel industry and we hope the smaller hotels and airlines will join by themselves. The platorm is open-source and permissionless so anyone can join at anytime, once it's live.
Yes of course that's possible! We will have a set of APIs to retrieve the inventory from, as of now we are building a solution for developers by developers. But overtime people may develop plugins and easier ways to interact with the blockchain.
November 27, 2017, 11:02:14 AM
Hi! Amazing project you got here. I work in the revenue management of a hotel, so I know first-hand the pain in the ass that Expedia and Booking are for hotels. The potential this platform has is really big. Now, I have some questions about the implementation process though.
- First of all, how do you plan to get hotels and airlines to upload their availability and prices to your platforms. Do you expect that to happen spontaneously or do you plan to make any commercial/marketing initiative so that they get to know you.
- Secondly, let's say I am interested in setting up a travel agency on WT. When will that be possible? And would I need to have programming skills to set it up?
- First of all, how do you plan to get hotels and airlines to upload their availability and prices to your platforms. Do you expect that to happen spontaneously or do you plan to make any commercial/marketing initiative so that they get to know you.
- Secondly, let's say I am interested in setting up a travel agency on WT. When will that be possible? And would I need to have programming skills to set it up?
November 24, 2017, 08:14:52 AM
Air New Zealand, Swiss travel platform Winding Tree in blockchain tie-up
NEW YORK (Reuters - https://www.reuters.com/article/us-blockchain-travel-airnewzealand/air-new-zealand-swiss-travel-platform-winding-tree-in-blockchain-tie-up-idUSKBN1DM2KQ?il=0) - Air New Zealand said on Wednesday it has teamed up with Swiss travel start-up Winding Tree to explore applications based on blockchain technology that could help the national flag carrier of New Zealand improve the efficiency and security of services such as booking and baggage tracking.
NEW YORK (Reuters - https://www.reuters.com/article/us-blockchain-travel-airnewzealand/air-new-zealand-swiss-travel-platform-winding-tree-in-blockchain-tie-up-idUSKBN1DM2KQ?il=0) - Air New Zealand said on Wednesday it has teamed up with Swiss travel start-up Winding Tree to explore applications based on blockchain technology that could help the national flag carrier of New Zealand improve the efficiency and security of services such as booking and baggage tracking.
November 24, 2017, 04:11:29 AM
Great project. Hope it'll make travelling cheaper. Waiting for February((
November 24, 2017, 03:57:31 AM
I saw the news related to new zealand airlines. I was very pleased to see that you guys keep making deals, increasing the value of my investment. I wish the difference between the pre-ico and the ico prices were significantly different as we invested with a lot more risk, especially considering we will now have to wait until February to see if you get the legal approval.
November 23, 2017, 10:31:47 PM
Sing me up.
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