[LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS - page 22.

sheld0n

sr. member

Activity: 322

Merit: 250

Oh, thanks my fault. I thought I read October. So everything is fine. Can you please also answer if there are any bounties for the Winding Tree ICO such as signature campaign or social media campaigns (Facebook, Twitter, Medium, etc)?

Quote from: WindingTree on October 16, 2017, 03:07:31 PM

Quote from: sheld0n on October 16, 2017, 02:46:49 PM

I invested in the PreICO four days ago. It was stated that on 15th October the first Lif tokens will be distributed to the ERC20 addresses which have been used for the investment. Today, 16th October, I have not received any tokens yet. Is there a delay or have the dates changed? I could not find any information on that. Thanks!
Further are there any bounties to participate?

15th of November. Not October. After the TGE.

ridertiger

full member

Activity: 490

Merit: 110

Quote from: WindingTree on October 19, 2017, 04:19:24 PM

Quote from: Nalienn on October 16, 2017, 07:18:29 PM

Quote from: oliversh on October 16, 2017, 01:12:00 PM

Any business projections WT can share regarding platform usage, LIF usage etc.? How many transactions do Amadeus/Sabre etc process, how many does WT expect to process per day going forward, one Lif is needed for how many transactions etc etc. Something concrete that investors can factor into their calculations...

I second this request. Would love to be able to make some forecast to get an idea of what will be happening in the future.

Hey guys,

this is a great idea. I will work on this. The only issue is that Amadeus/Sabre report transactions as anything happening, i.e. a database query is also counted as a transaction. But with some estimates and projections we should be able to draw a somewhat accurate picture.

Good, I would like to hear regular news about my investment.

WindingTree

member

Activity: 110

Merit: 10

Quote from: Nalienn on October 16, 2017, 07:18:29 PM

Quote from: oliversh on October 16, 2017, 01:12:00 PM

Any business projections WT can share regarding platform usage, LIF usage etc.? How many transactions do Amadeus/Sabre etc process, how many does WT expect to process per day going forward, one Lif is needed for how many transactions etc etc. Something concrete that investors can factor into their calculations...

I second this request. Would love to be able to make some forecast to get an idea of what will be happening in the future.

Hey guys,

this is a great idea. I will work on this. The only issue is that Amadeus/Sabre report transactions as anything happening, i.e. a database query is also counted as a transaction. But with some estimates and projections we should be able to draw a somewhat accurate picture.

Syroamst

full member

Activity: 153

Merit: 100

Winding Trees is selected by ICO Drops https://icodrops.com/winding-tree/

Nalienn

full member

Activity: 182

Merit: 100

Quote from: oliversh on October 16, 2017, 01:12:00 PM

Any business projections WT can share regarding platform usage, LIF usage etc.? How many transactions do Amadeus/Sabre etc process, how many does WT expect to process per day going forward, one Lif is needed for how many transactions etc etc. Something concrete that investors can factor into their calculations...

I second this request. Would love to be able to make some forecast to get an idea of what will be happening in the future.

WindingTree

member

Activity: 110

Merit: 10

Quote from: sheld0n on October 16, 2017, 02:46:49 PM

I invested in the PreICO four days ago. It was stated that on 15th October the first Lif tokens will be distributed to the ERC20 addresses which have been used for the investment. Today, 16th October, I have not received any tokens yet. Is there a delay or have the dates changed? I could not find any information on that. Thanks!
Further are there any bounties to participate?

15th of February. After the TGE.

sheld0n

sr. member

Activity: 322

Merit: 250

I invested in the PreICO four days ago. It was stated that on 15th October the first Lif tokens will be distributed to the ERC20 addresses which have been used for the investment. Today, 16th October, I have not received any tokens yet. Is there a delay or have the dates changed? I could not find any information on that. Thanks!
Further are there any bounties to participate?

oliversh

newbie

Activity: 54

Merit: 0

Any business projections WT can share regarding platform usage, LIF usage etc.? How many transactions do Amadeus/Sabre etc process, how many does WT expect to process per day going forward, one Lif is needed for how many transactions etc etc. Something concrete that investors can factor into their calculations...

MiBambino

sr. member

Activity: 644

Merit: 252

IMUSIFY - Award Winning Blockchain Music Tech

Quote from: WindingTree on October 15, 2017, 05:49:13 PM

Quote from: Nalienn on October 15, 2017, 05:46:29 PM

Quote from: WindingTree on October 15, 2017, 05:00:20 PM

Quote from: Nalienn on October 15, 2017, 04:56:26 PM

Quote from: WindingTree on October 15, 2017, 04:52:49 PM

Quote from: Nalienn on October 15, 2017, 04:47:01 PM

Bought a couple ETH worth for now.

Are there any incentives for token holders? SONM and Blocklancer distribute the platform fees (at least in part) to token holders. Will there be something similar with Winding Tree?

Based on the Whitepaper I've only read about buybacks, but it's not clear (to me) whether or not the buy-backs will occur at the current valuation of the company.

Basically, is there any fundamental indicator that would drive the value of the tokens up in the future?

The only fees paid on the platform are those to incentivize the platform. Winding Tree is a non-profit.

Regarding the MVM you mention, it's a Market Validation Mechanism. It assures we don't get too much money and the market can decide on future funding, for more info check out: https://blog.windingtree.com/market-validation-mechanism-in-a-nutshell-ddba1d92be89

The way I've understood the MVM it seems like the tokens can only sold back at a loss though, as the price appears to decrease over time. If this is true, what incentive do funders/investors have to invest into Winding Tree?

That's correct. So what the MVM offers is it avoids an exit scam, it avoids a team having too much funding, and in the meantime allowing anyone to participate without time pressure and regardless of the amount of their contribution. We took the idea from Vitalik: http://vitalik.ca/general/2017/06/09/sales.html

No more tokens will be issued post-TGE. The tokens are used for settlements on the platform. Scarce supply and increasing demand would make the tokens more popular. Suppliers would want them as well as resellers or anyone who want to use the platform to book travel. Lufthansa, SWISS, Austrian Airlines have already bought some Lif tokens in the presale!

Do you expect the tokens to appreciate in price due to their inherent utility then?
They're used on the platform after all and will be used for bookings. So if the use of the platform increases, more tokens will be needed to process all the orders. But due to a limited supply of tokens there may not be enough liquidity to process all orders at a fixed token value, which would drive the price of the tokens up and thus decrease the amount of tokens required to process orders? Am I following this properly?

Scarcity + Increased Demand = Price Increase

Plus the fact that 1eth equals 11 LIF means that scarcity will already drive up interest. Most ICO's these days have an enormous supply and 1 eth usually gets you thousands of coins

WindingTree

member

Activity: 110

Merit: 10

Quote from: Nalienn on October 15, 2017, 05:46:29 PM

Quote from: WindingTree on October 15, 2017, 05:00:20 PM

Quote from: Nalienn on October 15, 2017, 04:56:26 PM

Quote from: WindingTree on October 15, 2017, 04:52:49 PM

Quote from: Nalienn on October 15, 2017, 04:47:01 PM

Bought a couple ETH worth for now.

Are there any incentives for token holders? SONM and Blocklancer distribute the platform fees (at least in part) to token holders. Will there be something similar with Winding Tree?

Based on the Whitepaper I've only read about buybacks, but it's not clear (to me) whether or not the buy-backs will occur at the current valuation of the company.

Basically, is there any fundamental indicator that would drive the value of the tokens up in the future?

The only fees paid on the platform are those to incentivize the platform. Winding Tree is a non-profit.

Regarding the MVM you mention, it's a Market Validation Mechanism. It assures we don't get too much money and the market can decide on future funding, for more info check out: https://blog.windingtree.com/market-validation-mechanism-in-a-nutshell-ddba1d92be89

The way I've understood the MVM it seems like the tokens can only sold back at a loss though, as the price appears to decrease over time. If this is true, what incentive do funders/investors have to invest into Winding Tree?

That's correct. So what the MVM offers is it avoids an exit scam, it avoids a team having too much funding, and in the meantime allowing anyone to participate without time pressure and regardless of the amount of their contribution. We took the idea from Vitalik: http://vitalik.ca/general/2017/06/09/sales.html

No more tokens will be issued post-TGE. The tokens are used for settlements on the platform. Scarce supply and increasing demand would make the tokens more popular. Suppliers would want them as well as resellers or anyone who want to use the platform to book travel. Lufthansa, SWISS, Austrian Airlines have already bought some Lif tokens in the presale!

Do you expect the tokens to appreciate in price due to their inherent utility then?
They're used on the platform after all and will be used for bookings. So if the use of the platform increases, more tokens will be needed to process all the orders. But due to a limited supply of tokens there may not be enough liquidity to process all orders at a fixed token value, which would drive the price of the tokens up and thus decrease the amount of tokens required to process orders? Am I following this properly?

Scarcity + Increased Demand = Price Increase

Nalienn

full member

Activity: 182

Merit: 100

Quote from: WindingTree on October 15, 2017, 05:00:20 PM

Quote from: Nalienn on October 15, 2017, 04:56:26 PM

Quote from: WindingTree on October 15, 2017, 04:52:49 PM

Quote from: Nalienn on October 15, 2017, 04:47:01 PM

Bought a couple ETH worth for now.

Are there any incentives for token holders? SONM and Blocklancer distribute the platform fees (at least in part) to token holders. Will there be something similar with Winding Tree?

Based on the Whitepaper I've only read about buybacks, but it's not clear (to me) whether or not the buy-backs will occur at the current valuation of the company.

Basically, is there any fundamental indicator that would drive the value of the tokens up in the future?

The only fees paid on the platform are those to incentivize the platform. Winding Tree is a non-profit.

Regarding the MVM you mention, it's a Market Validation Mechanism. It assures we don't get too much money and the market can decide on future funding, for more info check out: https://blog.windingtree.com/market-validation-mechanism-in-a-nutshell-ddba1d92be89

The way I've understood the MVM it seems like the tokens can only sold back at a loss though, as the price appears to decrease over time. If this is true, what incentive do funders/investors have to invest into Winding Tree?

That's correct. So what the MVM offers is it avoids an exit scam, it avoids a team having too much funding, and in the meantime allowing anyone to participate without time pressure and regardless of the amount of their contribution. We took the idea from Vitalik: http://vitalik.ca/general/2017/06/09/sales.html

No more tokens will be issued post-TGE. The tokens are used for settlements on the platform. Scarce supply and increasing demand would make the tokens more popular. Suppliers would want them as well as resellers or anyone who want to use the platform to book travel. Lufthansa, SWISS, Austrian Airlines have already bought some Lif tokens in the presale!

Do you expect the tokens to appreciate in price due to their inherent utility then?
They're used on the platform after all and will be used for bookings. So if the use of the platform increases, more tokens will be needed to process all the orders. But due to a limited supply of tokens there may not be enough liquidity to process all orders at a fixed token value, which would drive the price of the tokens up and thus decrease the amount of tokens required to process orders? Am I following this properly?

WindingTree

member

Activity: 110

Merit: 10

Quote from: lordzc on October 15, 2017, 05:05:22 PM

It is a very good project if the supporting companies are correct. partners are very big companies.

Here's the press release from Lufthansa "Lufthansa Group enters a content partnership with Winding Tree through participating in their presale": https://newsroom.lufthansagroup.com/english/press-releases/lufthansa-group-partners-up-with-winding-tree-to-bring-blockchain-technology-to-the-travel-industry/s/16fc8ce5-4656-41ee-a6b2-026441ba19b6

And some related news coverage:
https://www.coindesk.com/ready-takeoff-lufthansa-strikes-deal-blockchain-ico-startup/
http://www.nasdaq.com/article/what-might-lufthansas-adoption-of-the-blockchain-technology-mean-for-the-otas-cm859538

lordzc

sr. member

Activity: 588

Merit: 253

It is a very good project if the supporting companies are correct. partners are very big companies.

WindingTree

member

Activity: 110

Merit: 10

Quote from: Nalienn on October 15, 2017, 04:56:26 PM

Quote from: WindingTree on October 15, 2017, 04:52:49 PM

Quote from: Nalienn on October 15, 2017, 04:47:01 PM

Bought a couple ETH worth for now.

Are there any incentives for token holders? SONM and Blocklancer distribute the platform fees (at least in part) to token holders. Will there be something similar with Winding Tree?

Based on the Whitepaper I've only read about buybacks, but it's not clear (to me) whether or not the buy-backs will occur at the current valuation of the company.

Basically, is there any fundamental indicator that would drive the value of the tokens up in the future?

The only fees paid on the platform are those to incentivize the platform. Winding Tree is a non-profit.

Regarding the MVM you mention, it's a Market Validation Mechanism. It assures we don't get too much money and the market can decide on future funding, for more info check out: https://blog.windingtree.com/market-validation-mechanism-in-a-nutshell-ddba1d92be89

The way I've understood the MVM it seems like the tokens can only sold back at a loss though, as the price appears to decrease over time. If this is true, what incentive do funders/investors have to invest into Winding Tree?

That's correct. So what the MVM offers is it avoids an exit scam, it avoids a team having too much funding, and in the meantime allowing anyone to participate without time pressure and regardless of the amount of their contribution. We took the idea from Vitalik: http://vitalik.ca/general/2017/06/09/sales.html

No more tokens will be issued post-TGE. The tokens are used for settlements on the platform. Scarce supply and increasing demand would make the tokens more popular. Suppliers would want them as well as resellers or anyone who want to use the platform to book travel. Lufthansa, SWISS, Austrian Airlines have already bought some Lif tokens in the presale!

WindingTree

member

Activity: 110

Merit: 10

Quote from: samba001 on October 15, 2017, 04:52:37 PM

This project seems quite interesting and it would be nice to offer some bounties / airdrops to reach more people. All the best guys.

In general we want to avoid hype marketing and pyramid-scheme style marketing. Personally I'm not too conviced about AirDropping.

Thanks for your kind words though

Nalienn

full member

Activity: 182

Merit: 100

Quote from: WindingTree on October 15, 2017, 04:52:49 PM

Quote from: Nalienn on October 15, 2017, 04:47:01 PM

Bought a couple ETH worth for now.

Are there any incentives for token holders? SONM and Blocklancer distribute the platform fees (at least in part) to token holders. Will there be something similar with Winding Tree?

Based on the Whitepaper I've only read about buybacks, but it's not clear (to me) whether or not the buy-backs will occur at the current valuation of the company.

Basically, is there any fundamental indicator that would drive the value of the tokens up in the future?

The only fees paid on the platform are those to incentivize the platform. Winding Tree is a non-profit.

Regarding the MVM you mention, it's a Market Validation Mechanism. It assures we don't get too much money and the market can decide on future funding, for more info check out: https://blog.windingtree.com/market-validation-mechanism-in-a-nutshell-ddba1d92be89

The way I've understood the MVM it seems like the tokens can only sold back at a loss though, as the price appears to decrease over time. If this is true, what incentive do funders/investors have to invest into Winding Tree?

WindingTree

member

Activity: 110

Merit: 10

Quote from: Nalienn on October 15, 2017, 04:47:01 PM

Bought a couple ETH worth for now.

Are there any incentives for token holders? SONM and Blocklancer distribute the platform fees (at least in part) to token holders. Will there be something similar with Winding Tree?

Based on the Whitepaper I've only read about buybacks, but it's not clear (to me) whether or not the buy-backs will occur at the current valuation of the company.

Basically, is there any fundamental indicator that would drive the value of the tokens up in the future?

The only fees paid on the platform are those to incentivize the platform. Winding Tree is a non-profit.

Regarding the MVM you mention, it's a Market Validation Mechanism. It assures we don't get too much money and the market can decide on future funding, for more info check out: https://blog.windingtree.com/market-validation-mechanism-in-a-nutshell-ddba1d92be89

samba001

full member

Activity: 165

Merit: 100

This project seems quite interesting and it would be nice to offer some bounties / airdrops to reach more people. All the best guys.

Nalienn

full member

Activity: 182

Merit: 100

Bought a couple ETH worth for now.

Are there any incentives for token holders? SONM and Blocklancer distribute the platform fees (at least in part) to token holders. Will there be something similar with Winding Tree?

Based on the Whitepaper I've only read about buybacks, but it's not clear (to me) whether or not the buy-backs will occur at the current valuation of the company.

Basically, is there any fundamental indicator that would drive the value of the tokens up in the future?

WindingTree

member

Activity: 110

Merit: 10

Upcoming events we'll be attending:

Las Vegas - 24-26 October

Aruba - 26-28 October

Cancun - 1-4 November
DevCon 3

Topic: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS - page 22. (Read 38119 times)