[I'm a cryptocurrency nub] During the LÍF TOKEN GENERATION EVENT, will I be able to buy Lif tokens on Bittrex? Or do I have to use
www.myetherwallet.com?Hey, definitely send any contribution from a wallet of which you own the private keys! When you hold funds in an exchange you don't actually really own them, if the exchange shuts down those funds are gone. We definitely recommend myetherwallet, I even recommend you not keep funds on an exchange ever unless you're trading them!
Thanks for the advice!
One other question--because Winding Tree is planning to be non-profit, would investing in Lyf tokens still be worthwhile/profitable for us investors? Thanks again!
Hey,
the value of the tokens will increase along with the adoption of the platform, as the tokens are of limited supply. The total supply is determined as soon as out TGE ends. That said, we would want people participating in our TGE to believe in the project rather than looking at it from a purely financial perspective.
Yeah, I agree. I'm going to be working at a travel startup soon, and what you guys are doing could greatly benefit the startup, as well as travelers and the whole industry (outside of the travel giants of course). I hope you guys fix the system, and I'll be cheering you guys on from the sidelines. Best of luck!