Lif Token and Roadmap

[emanu...@gmail.com]

I would like to know what the plans are around the use of the lif token in the platform. Which are the facts that made you realize that it is not possible to use it for payments as originally intended?

[Jakub Vysoky]

Mistakenly sent only to Emanuel, forwarding to the group as well>

Thanks for the question, Emanuel. We are working hard right now on verification of identities and bookings, that's how Lif will be used. Please, stay tuned for our development, or discuss more on the Telegram chat.

On Fri, Mar 22, 2019 at 10:32 AM <emanu...@gmail.com> wrote:

I would like to know what the plans are around the use of the lif token in the platform. Which are the facts that made you realize that it is not possible to use it for payments as originally intended?

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Jakub Vysoky

http://windingtree.com/

[emanu...@gmail.com]

Hi Jakub, thanks for answering the question. But could you go more in detail about why you decided against using Lif as a means of payment and more about its use for identification?

Discussing more on Telegram is not really an option, there is a lot of scam and one of your communications said this is the preferred forum for in depth discussions.

[Jakub Vysoky]

For technical discussion this is a preferred method for sure!

Form of payment gets tricky because of volatility, that is given to crypto currency in general - if they are not stable coins. Nobody is ditching the idea completely. Potential good idea would be to combine DAI and LIF, but it is something much more complex. We do not want to introduce just an artificial token to do payment, when established methods can be used (bitcoin, ether, dai, ...).

To view this discussion on the web visit https://groups.google.com/d/msgid/windingtree/a5781eb3-3050-4470-9615-e1b0a60a52ed%40googlegroups.com.

[orenorr_und...@web.de]

Hello,

I beleive for providers of travel products and travel start-ups it will be very useful to use the LIF Token as the payment token.

I imagine you will find many partners like check24.de who are eager to integrate Winding Tree and I see here early investments in the LIF Token as something like venture capital, which could pay off by the integration of the software, while it would bring stability to the LIF token if you have dozens of these partners.

I even beleive some companies amd business partners already have made investments into the LIF token on this beleive.

I furthermore beleive to use Established Coins like BTC, LTC, BCH, BSV, ETH, ADA, TRX could more likely distract investors and partners to use the platform, while it would maybe make sense for a B2C travel software.

I don't beleive a company like check24 would like to use BTC as form of payment on Winding Tree instead of the LIF token. Isn't the LIF token backed in this case by the product, while other coins are backed by something completely else?

I also don't know how much it makes sense to use USD backed stable coins in this environment.

I am by the way banned from entering the Telegram Group. I have never done anything there. I am not able to enter the group from the point I have joined it.

[orenorr_und...@web.de]

Actually to use the Winding Tree platform with different kind of Payment Tokens, I think this is one of the ideas people will automatically have when seeing your software.

I beleive, of course there will be a Winding Tree based platform, where users can pay using BTC, because it is part of the Ecosystem. So it should even be good for the ecosystem to limit the payment to LIF.

[orenorr_und...@web.de]

For example an integration of the LIF Token into www.uphold.com would be beneficial for small clients.

[Jakub Vysoky]

Using LIF as a "trust token" for Winding Tree Smart Contract Hotel/Airline/Agent Index (you can call it a TCR == Token Curated Registry) just make more sense. Given the state of development of the platform. No one is saying LIF cannot be ever used as a form of payment - especially as a b2b settlement token. On the other hand, if LIF is enforced without any other added value, there will be strong will to fork the platform to use without LIF.

On Wed, Mar 27, 2019 at 5:18 PM <orenorr_und...@web.de> wrote:

For example an integration of the LIF Token into www.uphold.com would be beneficial for small clients.

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