Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS

Quote from: ridertiger on December 09, 2017, 07:30:45 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?

Quote from: WindingTree on November 29, 2017, 01:30:48 PM

Quote from: ridertiger on November 29, 2017, 11:23:13 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.

Quote from: WindingTree on November 27, 2017, 04:22:48 PM

Quote from: dzeno on November 27, 2017, 04:02:14 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?

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.

Pre-ICO investors automatically got a higher amount, because Ethereum went up in price. Your pre-ICO life tokens were much cheaper than ICO tokens will be.