Quote from: wert1234ru on November 15, 2017, 01:21:03 PM

Hey, exciting project, however, there are some facts need to be clarified:
What is the main purpose of the Tile token? How are you going to sell the LOOMIA Tile (how will it look)?
Where is the company incorporated?

Hi there! Great questions!
The purpose of the token is to exchange it for data on the LOOMIA TILE platform. Initially, it will be brands that will query for user data and pay for it with TILE tokens. Researcher, social scientist, city planners, hobbyists may also use the token to get access to user data on the platform. Brands may also choose to offer additional promotions and access passes to users for TILE tokens.

To answer your 2 question - LOOMIA`s textile circuit is embedded into clothing from brands. We are getting a press release together, but we've recently locked in one outerwear brand to integrate the data layer. We intend to pilot the technology with some brand partners and aim for widespread adoption over time. The layer is washable and dryable. The TILE will be embedded in the product - and a recent advancement makes us feel pretty confident there will be no need to remove the component. LOOMIA have got the size down significantly, so it won`t be noticeable.

The team is located in NYC. The company is registered in DELAWARE C-CORP.