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Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
WindingTree
on 31/01/2018, 10:30:48 UTC
Here is my problem. I invested back in presale, and I know that the ICO will start in February. I, however, received some tokens recently. Their name looks like N/A but when I go to etherscan, they are named LIF!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
When I look at the smart contract:
https://etherscan.io/token/0x949f335fE05b4df0C01D128763BAF0CF5e9e785D#readContract
It says LIF token!!!!!!!!!!!!!!!!
It should not be on until February.
Could you please take a look at this, I am panicking.

This is our official token address https://etherscan.io/address/0xeb9951021698b42e4399f9cbb6267aa35f82d59d if you see tokens from that address they're your lif tokens Smiley However, they're not minted. So you'll only be able to trade them after we mint the coins when the ICO ends. Note that decimals on etherscan.io can be off, check ethplorer.io

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Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
WindingTree
on 30/01/2018, 11:31:02 UTC
I just asked Lufthansa press contact, and they confirmed that they are partners of Winding Tree, and that they even support the company with expert knowledge. Looks like a good coin to invest.

You've gone to quite some lengths there to check the partnership authenticity Cheesy Appreciate it though, as most people in crypto do zero research!
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Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
WindingTree
on 28/01/2018, 11:18:02 UTC
Looks interesting. You listed a lot of big partners on your homepage. Do you have already agreements with all of them to use the coin?

Yes, they've also participated in the presale. You can find details in the press or even the original press release on our partners' websites. Don't take our word for it, fact-check it!

Do you have a link to the press release on the Lufhansa site? I can only find some Chinese PDF document on their site when trying to google it.

Literally the first result on Google: 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
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Topic
Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
WindingTree
on 28/01/2018, 10:18:09 UTC
Looks interesting. You listed a lot of big partners on your homepage. Do you have already agreements with all of them to use the coin?

Yes, they've also participated in the presale. You can find details in the press or even the original press release on our partners' websites. Don't take our word for it, fact-check it!
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Topic
Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
WindingTree
on 26/01/2018, 22:26:33 UTC
Is there an article or reply to the points this guy brings up about Winding Tree?

http://seolobster.de/winding-tree-bitcoin-travel-might-flawed/#sthash.4dQDz0LW.H2PZ83BI.dpbs

Thanks you.

Fake listings are a fact of life. There is fake currency, fake rolex websites, fake tinder profiles. We mitigate this with caches of "whitelisted suppliers" suppliers verify their addresses in the cache and are added to the whitelist.

Currency fluctuations are high, just like every other crypto and some FIAT currencies, Venezeula, Argentina. Compared the FIAT currencies, crypto's fluctuate in both ways, rather than just down. Lif is fully liquid and can instantly be transfered to FIAT as soon as the supplier receives the payment. We're also closely monitoring developments in the stable coin segment.

Scalability is handeled though state channels, the blockchain will not store all the data which the author assumes. In fact, on-chain data will just be very basic data. We've already published intitial versions of state channels for Winding Tree. https://blog.windingtree.com/lif-token-state-channels-1dc2629617f0

Overall the comments are more criticism of blockchain technology itself.
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Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
WindingTree
on 26/01/2018, 20:00:43 UTC
Is there any bounty program for twitter & facebook ?

No, we don't do bounty programs.
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Topic
Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
WindingTree
on 25/01/2018, 19:58:03 UTC
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Topic
Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
WindingTree
on 25/01/2018, 08:56:59 UTC
Hello,

what is the minimum amount of ETH which one needs to invest in the TGE?

the whitepaper states "...partially refunded...". What exactly does that mean? In the range of 10% or 50% or 90% ?

Thanks for clarifying.



The is no minimum.

I don't think you could take two words out of context like that. The whitepaper explains exactly what it is.
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Topic
Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
WindingTree
on 25/01/2018, 08:22:17 UTC
Only those contributions coming from registered accounts will be accepted, so make sure you register before sending your contribution."


What about people who already made contributions do they need to register
?
[/quote]

No, presale contributers are fine. If you want to contribute more however, you'll have to go through registration during the ICO.
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Topic
Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
WindingTree
on 24/01/2018, 19:32:32 UTC
From the newsletter today:

 " We will be announcing the sale page url shortly before the start of the token sale (February 1, 8am UTC). Get notified via newsletter. Only those contributions coming from registered accounts will be accepted, so make sure you register before sending your contribution."

So if I understood correctly we just have to wait and register on TGE-day and then send our contribution? I mean there is no way to register anything already, like mail, name eth address etc... right?

As long as you're in the newsletter you'll be kept up-to-date on everything! But yes, no need to register anything else before the ICO.
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Topic
Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
WindingTree
on 23/01/2018, 20:48:51 UTC
Quote
2019 Q1: Decentralized Líf Exchange
-> is that the moment your coin will be tradable on exchanges?

No, Lif is issued after the ICO. No freezing time. It can be traded as soon as they're issued.
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Topic
Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
WindingTree
on 22/01/2018, 10:41:01 UTC
any news about the ICO ? it's supposed to start 01/02  but still didn't get any mail about KYC or something..
Thanks for sharing if you have any info

Subscribe to our newsletter and you'll always be up-to-date! http://eepurl.com/c7ytn5
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Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
WindingTree
on 10/01/2018, 19:30:16 UTC
Two Questions:

1. Has Winding Tree talked to any startups about using their API (and have they agreed to use it)?
2. Do you see a potential for Lif coin to join the top 10 cryptocurrencies in the foreseeable future?

Thank you  Smiley

1 - Yes, we've had more than 50 startups signup to our early access platform and are also talking to established companies in the travel space.
2 - What I think doesn't matter. Do your own due diligence and contribute to projects you think are worthwhile. The only tip I can give you is that if an ICO promises anything in terms of ROI or positioning, run away as fast as you can!
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Topic
Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
WindingTree
on 04/01/2018, 11:51:01 UTC
Dear admin, do you have any news for us investors? Are you still managing your PR campaign? February is fast approaching.

Everything is going ahead great - just as planned Smiley
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Topic
Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
WindingTree
on 24/12/2017, 23:06:09 UTC
Guys. I contributed with my ETH long ago. Why didn't I receive Tokens? Why did you ask for my ETH and did not send anything back? How is that possible?
They say that they will deliver them in February. I am waiting just like you are.

This is correct. All tokens are distributed after the TGE, on the 15th of February!

Merry Christmas Smiley
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Topic
Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
WindingTree
on 13/12/2017, 22:37:26 UTC
I still do not get the incentive for companies to use this altcoin instead of the more widespread bitcoin cash, which also hast almost instant transfer times. Bitcoin cash wallets are spread for more widely then lif will ever be, and since it will take a long time (propably never) to get as much hashing power, there does not seem to be a advantage for us. For you of course, since you can just shell out tokens and grab some quick money.

thx but no thx

Would be happy to hear some actual feedback on the additional functionalities we programmed into our token rather than FUD. https://github.com/windingtree/LifToken/blob/master/contracts/LifToken.sol
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Topic
Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
WindingTree
on 13/12/2017, 22:25:43 UTC
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

The token is not mintable post-TGE. Whatever is created during the TGE is the only supply there will ever be.
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Topic
Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
WindingTree
on 13/12/2017, 22:24:58 UTC
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.

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!!

It's very low what the team is getting compared to the standard in the industry. Few projects distribute 75% of all their tokens through the Token Generation Event.
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Topic
Board Announcements (Altcoins)
Re: [LIF] Winding Tree - Decentralized Travel Distribution || LUFTHANSA, SWISS
by
WindingTree
on 13/12/2017, 22:22:21 UTC
Post
Topic
Board Press
[2017-12-13] Nordic Choice Hotels Tests Blockchain Distribution
by
WindingTree
on 13/12/2017, 22:20:37 UTC
Nordic Choice Hotels aims to lower distribution costs and raise additional revenue by utilizing blockchain technology.

The company, which is a franchise of Choice Hotels, will put one of its properties onto an open-source blockchain distribution platform developed by Winding Tree.

There is a great deal of excitement about blockchain and its still-unproven transformational potential. By its very nature, blockchain is decentralized, meaning there is no information gatekeeper – something that has clear ramifications for the travel industry fee-driven distribution system.

All users share Information in any blockchain, enabling anyone to access and verify the particular database. It is widely associated with the cryptocurrency bitcoin,but it has the potential to disrupt other industries like hospitality.
Starting in Stockholm But Poised for Chain-Wide Test

Nordic Choice Hotels’ test will gauge whether the theory can work in practice. Should it prove successful and and get wide adoption, blockchain could lead to a big change in how hoteliers record and sell their rooms. It is being trialed at the hotel’s Hobo property in Stockholm before being rolled out across the rest of the portfolio.

Hobo Hotel’s distribution is currently on a Winding Tree test system and the companies plan to move it to a live site in February, a Winding Tree spokesperson said.

Christian Lundén, director of future business at Nordic Choice Hotels, said the blockchain trial would hopefully help create further innovation in the hotel distribution segment.

[...]

https://skift.com/2017/12/13/nordic-choice-hotels-tests-blockchain-distribution-for-stockholm-property/