Bitcoin Forum

Vladislav thank you for assisting with the announcement.

Hello everyone, we are very happy to announce our initiative on the Bitcointalk forum!
We are here to answer any questions you might have.

Lockchain.co Team

Hello, LockChain team. Do you have a bounty program? Do you need Russian translation of your materials? Please PM me if you do

Thank you.

Hello, there will be a separate thread about bounties.
We are working on it and should go live in the following days.

this looks very interesting, although I'm not the first time to find a proek with the same concept, but this is very interesting because 0% commission, the idea of vacation is very interesting and will attract attention quickly, I really like to follow the progress of this project, hopefully it works very well

so that is ETH token or Wave Token ?

10000 project on this subject, you should innovate....

presale you look very impressive, I'm very interested to join this project, although many projects with the same concept, it seems this project is one of the most promising, I will continue to see the progress of this project, hopefully can be a successful one with a large

LOC is ERC20 Token on Ethereum network.

LockChain Bounty has been started: https://bitcointalk.org/index.php?topic=2217092

Requested to join our lucrative bounty program.

Is is a token basic in Ethereum system?
I don't like weaves for their are a lots of scam.
so if it's basic in Ethereum system I can finished the Chinese translation

NIce...
bounty has just started, and I think this project will be success because it's in the experience person

People regularly rest. it is precisely because of this that the pre-project has a huge potential. If the team does everything right with PR, then they will succeed. I will observe the development of the project.

Site says pre-slae starts in 3 days, have you delayed it?
Pre-sale target is €10 million, ICO target €15 million, what if you didn't achieve these milestones?

The concept is already known to many, but it's interesting that the commissions 0. I will follow the news

Is there any slack or telegram group to talk to the teammate directly? Where is Lockchain social media link such as twitter or fb to get further update?

Please check ANN thread, Click on Telegram and slack Icons, you'll be redirected to telegram and slack.

Which one is the ANN thread, if it isnt this one?

is their any bounty campaign for this project?

I'm also very waiting for it, this project would be nice if hold bounty, hopefully they make it soon

traveling is a much-loved project, and this project will make it easier for all traveler, it will be a project that will get a lot of fans quickly, I will continue to see the progress of this project, very impressive and potential for success, hopefully run well, and good luck

not a bad idea to invest in this project, this concept has always managed to attract the attention of many people, I am very curious about your promotional program, ICO or campaign, I hope this project is successful, I will make this to be one of the list of good projects , I will watch the next progress

When the ICO ended? Untill hardcap was reached?

italian ANN Thread opened!!!
https://bitcointalk.org/index.php?topic=2240376.0
cheers and good luck for this awesome project!!!
I really hope to see it at work!!!

I wonder why this thread is not active, although there are many indicators to ensure that this is promising project, already 5 million tokens sold, that means 5000 ETH have been invested so far, moreover, they have popular names on their advisory board.

The Dutch ANN thread is now online:
https://bitcointalk.org/index.php?topic=2255402

The Dutch Telegram channel can be found here:
https://t.me/lockchain_nl

@irfan_pak10
I unfortunately don't have enough time to do the WP translation. If you need help finding an alternative translator, please let me know.

hi all!!!
WHITEPAPER ITALIAN TRANSLATION ready to be read!!!
https://www.dropbox.com/s/wo65d5c1ir88v08/LockChain_whitepaper_v1.0_ed_IT_FINAL.pdf?dl=0
enjoy it!!
cheers

Thank you! :) I just did not have enough Italian language. It is not bad to see the Russian language  :(

https://drive.google.com/file/d/0B2iW9Ih55QCeMFdIOXA2X3E2NW8/view?usp=sharing  :)

It is very nice project. It is great idea to have a vacation homes that can be done anywhere in the world. At least they do not offer the same thing as other projects. They came out with a difference. I think they will get the necessary investment. Good luck.

this is a unique idea that will develop quickly, although it needs a lot of pendaan, but if I may ask, what's the difference with google smart glasses? what are the product advantages of this project?

I support LockChain! It would be very convenient for me to book a hotel or rent accommodation in this way! The team very well thought out everything! This is a useful project! :D

Good idea but there too many big competitors in this industry.
Hope someone with blockchain powered can win!

The team LockChain is brings a lot of benefits for people! The concept of the company is very simple and understandable for many! I am sure that many people are grateful for such a project! :D

Why is there no dev activity on this thread?

Hello, do you need Portuguese translation? PM me if you do!

Who can help me to configure the wallet to know how to validate/from where to show my LOC balance?
Thanks in advance.

Due to the fact that I spend most of my time on the road, I became interested in this project. Thus, booking a hotel is very convenient for me. I will support this project!

Co founded by Hristo Tenchev, I wonder if the raised funds will disappear like in case of bitcoin7 :D

The project is moving to success every day faster. I like to watch the development, the team is trying and working well! Well done!

Hey everyone, thanks for your support!
Our team is active almost at any time in the Telegram channel, you are welcome to join us there and ask us anything - https://t.me/joinchat/F3YOYQx123PO4FPfNRPihQ (https://t.me/joinchat/F3YOYQx123PO4FPfNRPihQ)

Mind that Pre-sale ends this Sunday 29th Oct at 16:00 GMT!!

Get your LOC with 33-52% Bonus until then - www.lockchain.co


We’ve been receiving regular questions about the core value of the LOC token and how its economy will affect its aftermarket.
This is why we are writing this post, dedicated to the LOC token economy and the factors that affect it.

Before we start, we want to elaborate and provide examples of the specific questions that were brought in this regard:

• “How is the LOC token going to perform over time?”
• “Will the LOC value increase on the aftermarket?”
• “What is the core value of the LOC?”
• “Why should I buy the LOC token?“
• “How do you (the company) profit if you are not charging any commissions on the bookings?”
• “When are you going to integrate with an exchange after the tokensale?”

As probably most of the readers already know, the price of any token is the result of the balance or dis-balance between the supply and demand for that token on the market.
In simple words, we have people that want to buy it on one side, and people that want to sell it on the other side. These two sides interact with each other and if they are in a balance, then a price equilibrium results, which would mean that the price of the token would be unchanged until this state is dis-balanced. If however one of the sides has dominance over the other and there is a dis-balance, the price either starts to increase (in case there is more buying pressure), or it decreases (if there is more selling pressure). There are many factors that affect the buying and selling of the token, and they can all be described as the building parts of the token economy.

In our case, we want to emphasize on critical elements of the LOC token economy that are important to understand and how they favor the demand over supply:

1. Token Generation Key Metrics

The first and foremost important elements of any token are its generation event key math metrics:

• Total Supply / Hard Cap — in general the lower the hard cap is, the better because this creates digital scarcity. LOC has a hardcap of 32,000 ETH which is approximately $8M–$9M. This is specifically important with the present oversupply of projects. The less people can get in at the beginning, the more there would be after that willing to buy with a premium and vice versa.
• Distribution and Team Vesting —LOC Public sale is equal to 50% of total circulating tokens regardless if hard cap is reached or not. Team, advisors and reserves have a 1 year vesting to ensure they don’t affect the aftermarket (and that they don’t favor supply over demand)
  Unsold Tokens Management — In case we don’t reach the LOC hardcap of 32,000 ETH, any unsold tokens will be destroyed. This ensures that in worst case scenario, where hard cap is not met, the total sold and circulating LOC on the aftermarket will not be greater than the initial demand that took place during the token sale event. Some companies keep any unsold tokens for themselves, which we consider as a red flag.
  
• Smart contract and Purchase process — This is the actual process through which the token is generated. Some companies have the possibility to create tokens with a push of a button, whereas in our case, LOC can only be generated as a result of incoming ETH. This is an extremely important factor as it defines the resistance/tolerance of the token to panic sellouts and price decline in general. It also limits us from offering any discounts to big investors, because simply, mathematically we can’t create the LOC that we would need to deliver as a discount even if we wanted to. Anyone can validate this by looking at the source code of our smart contract on github here.
  
• Discounts on big/whale investors — this question is specifically important and is related to the previous point “Purchase process”, because it represents the risk of someone who could have possibly gotten a much better buying price on the token and would consequently be prone to selling that bulk volume at a market discounted price at early stages of the aftermarket, which could tip the dis-balance in favor for the supply and thus trigger a downtrend or a panic sell. In our case, and as outlined in the previous point, LOC can be generated only as direct result of ETH. Even when we receive bank wire payments, we exchange that fiat money into ETH (on behalf of the buyer) and then we send the ETH to our smart contract. This is because there is absolutely no other way for LOC to be generated.
  

2. LOC Core Value

• Sound Business concept — We have a clear business concept and our vision is driven by specific plan of actions that will lead to solving an existing problem — how to make accommodation 20% cheaper and to cut out middlemen with low added value without compromising quality of service and user experience.
  Straightforward plan of action — We are launching an alpha version of the marketplace where people can spend their LOC as soon as Oct 2017 on properties that will be 15–20% cheaper than the competitors.
  
• Dependency on external companies — We are actually launching two projects simultaneously — on one hand, the market application which will provide the retail service to people who want to book a stay, and on the other hand, the decentralized booking engine (the LOC Ledger) which will be open source and free to use. The two projects create a self sufficient relationship and create a user friendly retail ready experience for end users that would not put the LOC token to rely on any adoption of the technology at the beginning in order for an immediate proof of concept.
  Team credibility & experience — Our team is extremely experienced, and our project is the only one in the world who is backed by a former president of a EU member country.
  
• Market potential & Founders’ incentive — 500 Billion USD growing industry. It is also extremely important to look from the perspective of the founders. With LockChain, we do not strive towards maximum profitability of the market application providing the booking service (hence offering a 0% Commission on revenues). Instead, our goal is to make the market application as disruptive as possible in order to be able to compete with current established market leaders and grow as a market share. This on its end to increase the adoption of the LOC token, from where team and founders will be incentivized. This interest is perfectly aligned with the interest of the contributors who buy the LOC token during the tokensale event.
  

3. Differentiation from Competitors

• Why we are different — We are the first project to focus on building a 0% commission on Revenue accommodation marketplace. We believe we are different because of the unique business demand driven approach that we are applying, in order to achieve market penetration, and service adoption in this ultra competitive niche. Our plan to build the marketplace, together with the decentralized engine and shared database, is immediately valued by hotel and property owners (because they are the ones paying the commissions and looking forward to being part of an ecosystem which does not charge them). This is how we want to create a new kind of accommodation supply. After creating the supply, we will market to end buyers and we will rely on the viral effect that the extremely high value service will create, due to the price sensitivity of the end customers.
  
• How we are different — By focusing not only on the blockchain technology, but also on the gaps between the blockchain and the end users and building in addition a centralized application that will be the bridge between the two and by providing a user friendly environment. Also because we are making one step at a time and we are measuring our steps very carefully based on the extensive business experience that we have from before. We believe many of the current companies are taking an idealistic approach which is more often than not, overly-obsessed about decentralization while neglecting user experience and the big picture in general in terms of established market leaders and user behavior.
  
• Community of end users — Our collective community is approximately 14,500 users at the time of writing this post. The number of people actively discussing the project in our Telegram channel just reached 1,000 members. Approximately 55% of the LOC contributors are small time retail buyers, of which, approximately half are also potential end users of the booking marketplace. We have both travel lovers and hotel owners buying 1–2 ETH worth of LOC just because they want to see us succeed. We have also been receiving thankful letters from hoteliers around the world which is a testament to the level of support which they are willing to make. This also has its significant implication on the aftermarket of the LOC token, because those buyers are not looking for immediate gains (such as most speculators) and because they are long term and have stronger resistance to price swing volatility.
  

4. Circulation of the LOC Token

• How the service pushes token circulation and what its implication is on supply and demand.
  Booking Service and its effect on the token — LOC is used for every single reservation (regardless if it will be in fiat payment/payout or in LOC). Even if the end user does not realize that and places a reservation in fiat, our exchange algorithm will convert the fiat into LOC and will send it to the smart contract. This means that the LOC will be taken out of the market circulation for the duration between the booking request and the check-out of the guest. There is an extensive post on this regard, made by Hristo Tenchev (COO of LockChain) and we urge you to read it thoroughly by clicking the following link . The circulation of the token tips the disbalance in favor for demand and generally speaking, the more people place reservations in LOC, the higher this effect will be. This is also the reason why we want to make the service disruptive (0% commission). We believe the token has a much stronger increase potential that could offset any potential lost profits from the retail booking market application itself.
  
• Liquidity — Since we plan to provide fiat payments for the end customers who wish to place reservations on our marketplace, we need to integrate the LOC with a liquidity aftermarket provider. This is why we are negotiating with almost all exchanges at the moment. Our plans are to integrate with at least 2 exchanges immediately after the end of the tokensale (Dec 2017).
  

5. Censorship Resistance

This is generally associated with the resistance of the decentralized technology to any external factors that could affect its development or to shut it down completely
Decentralized LOC Ledger DAPP — The LOC ledger will be completely decentralized and there will be no “off switch” to it. No one can’t buy it and place an end to it. It will encompass in it the rates, availability and database of the booking service which would practically make it a turnkey “plug-in” service for any application that would like to connect and start offering booking services in LOC (or in fiat if it processes immediate exchange into LOC like we plan to). Even if in case the market application is shut down (for whatever reasons that might be) the decentralized ledger, the booking service and its database will continue to exist for all other applications that would connect to it.
Conclusion
LockChain (LOC) is a combination of an extremely demanded business driven service, $500 Billion growing market and a carefully designed decentralized technology with a token economy that could potentially create a positive dis-balance in favor for the demand on the aftermarket. We like to think of our project as being unique for the reason that it aligns the interest of accommodation clients and accommodation hosts without affecting the value of the service itself and profitability.


For more information on the project check out www.lockchain.co (http://www.lockchain.co) and our blog https://medium.com/@LockChainCo (https://medium.com/@LockChainCo)

The holiday idea is really good. If the use is published, we will be able to use it easily in all countries.

Lockchain is  launching the alpha version before the end of the month. Property listing will be added shortly after that.

How will the value of this coin grow? Proportional to the growth of the company/platform? Can it be possible that the coin would grow to 100-1000 (theoretical) or are there any limitations that prevent this?

It's a shame this seems to be a good project with a nice idea but this thread is so inactive... I will make an investment because I believe it can work, bu maybe you should make something to make your thread more visible ;)

very interesting your project this, but i has read in your thread i did not look about item of ICO information, this ICO will launching or no maybe you can explain more about your plan to make your project development

what happens if not enough Lockchains are sold out by the end of this month?

FYI Indonesian government now focusing on Travel Industry. So many new tour destination emerge in media and people still looking for more information.

it will be a good opportunity to penetrate this sector.

This project already raised more than 25% of the soft cap and I hope they will get succeed to attract the more investors in coming day potentially this market is very huge and investors has good chance for attractive ROI in future.

how lockchain token will increase in value after you launch the platform?
what is the usecase of tokens?

how many eth have been raised?

This seems interesting, thinking about joining the project.

It will a big opportunity for every investor to join this ICO. They are working on lunching prototype before the end of the token sale. I can beleive in credibility of the working team. Does there any bounty for this project?

If you are trying to learn if there is a bounty campaign on every ICO, check the first page as they usually post it there.

https://bitcointalk.org/index.php?topic=2217092.0;topicseen

That is the bounty thread they've had. If I were just not in multibot I would have joined this one as the idea seem to be fitting for the youth today that keep travelling and seeing places.

Really excited for this project!  Waiting to see their marketplace alpha that is coming by the end of this month https://lockchain.co/marketplace/ (https://lockchain.co/marketplace/)
Check out also the news from them.

https://medium.com/@LockChainCo/we-are-excited-to-announce-our-partnership-with-softuni-a687df4a996a (https://medium.com/@LockChainCo/we-are-excited-to-announce-our-partnership-with-softuni-a687df4a996a)

https://medium.com/@LockChainCo/we-are-working-day-and-night-on-the-back-end-of-lockchains-property-marketplace-9f5f30d95f9f (https://medium.com/@LockChainCo/we-are-working-day-and-night-on-the-back-end-of-lockchains-property-marketplace-9f5f30d95f9f)

https://medium.com/@LockChainCo/we-are-excited-to-announce-our-third-partner-for-this-week-welcome-onboard-safecharge-c852238d3bd0 (https://medium.com/@LockChainCo/we-are-excited-to-announce-our-third-partner-for-this-week-welcome-onboard-safecharge-c852238d3bd0)

Wow these guys are rude.

I admittedly missed the first big 'whitepaper' button on the website when you land and couldn't find it again. So they have this helpful live chat button and asked if it was POW or POS. What I was met with was unbelievable, here is the transcript. I could never invest in a company that treats investors like this, what would they treat the customers like? A simple 'have you read the whitepaper' here is a link to it, would have done just fine.

Chat with us

Choose Files

Hello :). We're here in case you need any additional assistance!
21:08
Is the coin POW or POS?
21:16
Hello
21:16
no
21:16
You have 2 payment options - Bank Wire (fiat money) and Etherium (crypto). Do you know which method payment you want to go for?
21:16
I want to know if the coins will be proof or stake or proof of work before I buy
21:17
Of
21:17
Well, I am surprised then that you have done zero research so far
21:17
At least visit the marketplace, which pre-alpha version was launched 1 month earlier than the roadmap and people are already using the LOC tokens to book Christmas stay...
21:18
What can I say...
21:18
The contributors usually have a look at the website and check the Whitepaper as a starting point. I am sorry I shared my surprise
21:19
Can I ask you something?
21:21
Sure
21:21
Why do you not have a link anywhere to the Whitepaper on site once you leave the first page?
21:25
I admit should have see the big button when I first came on, but I navigated elsewhere then looked for the whitepaper
21:26
Couldn't find it anywhere
21:26
Because no one use links anymore
21:28
It's buttons https://i.gyazo.com/7633b63d712c659f71d91d433b45b32c.jpg
21:28
On the top positions of the website landing page
21:29
Impossible to skip
21:29
Links are less easy not to see
21:29
In the menu navigation there is no 'home' to take you back
21:29
To the top
21:29
So the only option not to see the 2 huge buttons leading to our downloaddable white paper is if you are looking specifically for a link
21:30
which you will find in no website
21:30
Anyway, manners cost nothing
21:30
It is old-scool and not practical
21:30
Good luck with your ventute
21:30
The home is the Logo - this is a trend in the navigation for the past 5 years
21:31
developed as a feedback from the users
21:31
UX (user experience)
21:31
Is there anything you want to ask about the project or you the website is at your focus at this stage of your research?
21:32
Nope that's it, based on this conversation I will give it a miss.
21:33
Thank you for showing interest in our website. Cheers!
21:33

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How is it going so far? I just came across this project and want to know the progress

Will the initial listing price be pegged to the current exchange rate (ie 1 ETH to 750LOC)?

I use blockchain wallet, can I send ether from there to my purchase LOC ether address assigned?

If someone is buying a stay in lockchain with euros, lockchain will make a purchase of LOC on a exchange?

will LOC be tradeable on Poloniex? maybe after HitBTC? do you guys have plan for this?

What hotel brands do you have support from?

I'm just looking on EtherDelta and LOC is already listed and trading.. Have you already hit the exchange?

Tell me please. Which exchanges are you planning to list your token for and how soon?

Wire transfer and sending eth which one you guys recommend for purchase LOC token to make it fast and easier?

seems they're too busy to answer here

Hi, Guys! There is a question from the category of FAQs. You plan that 50% of the raised funds will be allocated for R&D, marketing and so on. But you give the invitters to withdraw coins almost immediately from the moment of connection to the exchange or buy service on LOC. As in the case of the exchange and in the case of the purchase of the service, you are expected to guarantee the exchange from own or raised funds. Making story short, where the guarantee that investors will not leave immediately, devaluating the coin, or you will suck up liquidity to meet the demand in fiat from providers. If possible pls provide a more detailed answer on economic concept in near future

We want to drop a note to express our gratitude for the effort and extra time LockChain team had spent answering our question. Your answers are now available in PitchMyICO (https://telegram.me/pitchmyicobot?start=bG9ja2NoYWlu) telegram bot. Good luck with your project!

Yes I see it, But does ico have ended? and What is the price of 1 LOC when ico?

I see this Tread is very quiet, Where Dev?

hello guys, I really like this project. I want to participate in this ico. Their target raise is 20k ETH and hardcap is 32K ETH. with one day to go, they have raised only close to 10K ETH. what happens if 20K ETH doesnt reach?

https://medium.com/@LockChainCo/next-steps-marketing-strategy-fcf0b50adc3f

They already secured the soft cap so no need to be worry about the future of this project. This will be get listed on HitBTC on 15th December. All unsold tokens will be burned. Still chance to buy this token still 3 hours left.

https://twitter.com/LockChainCo/status/933351845778649090

I bought LOC, and i received LOC in my MEW but transaction status in my dashboard is still pending. Is the transaction a success or not?

Congratulations on successful of this crowdfunding campaign I wish this will be giant platform for travel industry. Blockchain is going to the mainstream so that in future this will be amazing project.

Me aswell, this looks like an interesting project. Do you guys have a working product?

Edit: congrats on the successful ICO ;)

This is nice to see final amount is over 10k ETH. Congrats to the team and all investors for this successful finish of this ICO. I hope this will be very profitable project in future.

i'm here to resubmit all my italian translation works:
Plz Irfan, update the google sheet.
ANN bitcointalk thread:
https://bitcointalk.org/index.php?topic=2240376.0
WITEPAPER:
https://www.dropbox.com/s/wo65d5c1ir88v08/LockChain_whitepaper_v1.0_ed_IT_FINAL.pdf?dl=0

Hi all why is it in my dashboard under status it’s still pending? Is that normal?

Will Lockchain be available to put on my CryptoCompare portfolio anytime soon? does anyone know?

Congratulation for the successful ICO!  good result.
as I can see $4,055,130  was collected.

but I didn't find any info on website

Total LOC value ~ total value of items on your marketplace
 Right?
 Because all value of items on yours marketplace will be exchanged to LOC

Still anyone with an idea what a unit price of LOC was in $ when we bought at this last crowd sale? 1ETH=750 LOC

How does one calculate the price of the token based on thr total supply and capital raised? Any sources to read about this would be appreciated. Thanks people!

I have LOC in my Trezor wallet, in order to liquidate it i need to register on hitBTC ? And if i buy more LOC with hitBTC can I send it back to my trezor ?

Lockchain Tokensale completed! And all the unsold LOC tokens have been destroyed.  Currently, anyone cannot buy LOC but on December 15th we will be tradable on HitBTC.

Hi. How will your marketplace be calculating LOC to USD/EUR or other FIATS available to book with?

Hi. Does anybody know how would the loc compensate about the increase in ether price?

What's happen when bulgari goverment has closed all exchange bank account? Does it affected to LOC token ...?

Does the addition of erc20 tokens into the system mean extra value for eth?

I have a question: is it possible to buy LOC from other websites than hitbtc.com? Because the probably have great issues with their website. I constantly get kicked out. Tryd it on several devices and ips.

you could buy it p2p, so ask somebody who want's to sell and for what and that should be it :) Wallet to wallet

Not sure where to check the performance of LOC, can anyone provide information as how is it doing so far? Thanks

I got a question. I know that from today we will be able to trade LOC on hitBtc, but how can we manage our assets bought o pre-sale that we have on lockchain platform? Will we obtain a wallet address?

You have them in your ETH wallet. Just send them to exchange if you wan't to sell. Otherwise hodl :)

The LOC was linked to the ETH only during the tokensale. It'll be listed on the exchange as an independent token, native to LockChain and it's price will not depend on the ETH anymore. The market will determine the price and team Dev job is to push towards increase in its value

trading on Hitbtc are futures or real tokens?anyone knows how to know at hitbtc if a token is real or future?

What is the hurry to trade the token? Are you not a believer in the project?

99% of the tokens are just dumped after listing on the exchange...

Why buy then if you are not believing in the project? Just to make quick buck? Every project has potential to become great, so price can only go up if the team delivers and for sure nobody can now this the first day of trading...

Are there any apps showing LOC price yet? I can never log in to (s)Hitbtc on my phone to check. Is it just me, or their android app doesn't work?

Maybe they deliberately dump in order to buy more tokens at a price much cheaper than ico prices.
It's a common thing that happens almost in all tokens ico when first listing on the exchange ...

LOCKCHAIN - Decentralized Booking & Vacation Marketplace, wow, the best project. but only for booking system? is there any option?


Best regards

Okane Satoshi

What is the route of LOC, and how much total LOC will flow? And when the LOC listed on coinmarketcap? please let me know

Listed on coinmarketcap today, no circulating supply has been declared yet. I wonder why some projects choose to not let us know how many coins are in circulation...

is it possible to get the LOC current value from anywhere (like CryptoCOmpare... - I know they already added LOC* but no price yet) without logging into the HitBTC?

Hi, just bought some LOC on hitbtc and want to withdraw it. Is LOC a regular ERC20 token that I can withdraw to an Ethereum address or  is it a coin that I need a special wallet for?

To withdraw funds from HitBC did everyone have to go through their verification? Seems they need a lot data to do something Binance does without all the fuss

what happened if my MEW does not have any ETH yet nor LOC, where does MEW get its GAS incomes?

Dear all, what will happend  if bitcoin is bubble and it dump. Is that effect to LOC ?
and can somebody give me all the details to add LOC as a new token to MEW? I need the contract address and decimals. Thanks!

yes, that's exactly the way it's going.
immediately after entering the exchange, the price of the token is formed by the guys who want to sell them quickly, and falls because of this.
but if you wait and believe in the team and their idea, you can earn at times more

i would like to ask someone from LOC team why on hitBTC isnt LOC/LTC? Is it because of hitBTC or LOC wanted to have it this way? Thank you

Nice

I will not be trading on hitbtc now, withdraw or deposit anything. Their reviews are alarming and I’ve been waiting four days for a BTC withdrawal, email support and nothing from them.
 It’s a shame that LoC is on this platform, I feel it will be important for them to move to a more reputable exchange.
I am still waiting
There are some people who have been waiting for over a week
I’ve been hoping to hear back from support, but nothing. So if any of the LOC team members have a direct contact with the exchange, please verify what is going. This is totally unacceptable. Could have sent fiat money faster, what’s the point of crypto then

I have 120 LOC in MEW since ICO ... first time checking in on things..... Why isn't there a value on the coin in MEW?? Do I have to do something where I take it off of Locchain's website and complete the transfer or what?

is there an exchange that offers the option to terminate all current positions and sell off all assets at marketprice?

Does HitBTC work ok? I started using this because of LOC. I have a completed order and my tokens are sitting in the ON ORDERS column. How can send them to my main account or trading account?

I am having difficulties finding my LOC wallet address at HitBTC. Any suggestions or advises ?

I have 120 LOC in MEW since ICO ... first time checking in on things..... Why isnt there a value on the coin in MEW?? Do I have to do something where I take it off of Locchain's website and complete the transfer or what?
Any help would be great! Thx :)

Go in lock chain site there you have support ask them and they will answer :)

What is the next upcoming exchange for LOC? Will LOC be listed on Bittrex?

Use the "transfer" button to transfer your LOC tokens on your "main account" to your "trading account" to start trading.


You mean, you're not seeing the LOC Tokens on the tokens list on MEW?
Simply "add a custom token" and fill in the details below.

Address: 0x5e3346444010135322268a4630d2ed5f8d09446c
Decimal: 18
Symbol: LOC

That should fix your problem. (If this is your problem :D)

Hello! I've a question....what's the next step for Lockchain? Any time to be introduced to Bittrex or Bitfinex?

If I book now a hotel room for next summer, worth of $100 and the token price will increase by then, do I actually pay more?

You have missed the hype, now shitty tokens and coins will drop down to zero, bears are comming, if you haven't realized yet the party is over boys and girl and I go with +10k now buy buy

Important Dec Update on LOC Token, Technology and Partnerships
https://medium.com/@LockChainCo/important-dec-update-on-loc-token-technology-and-partnerships-312c48ced28f

Over the last 3 weeks, and immediately following our successful token-sale event, we have managed to get a lot of work done. This post is to give you an idea of what has been accomplished and what is to follow in our short term agenda. For this purpose we are dividing the work into three main categories. a) Token AfterMarket, b) Technology and c) Partnerships

Somebody knows website where i can buy btc directly from somebody else, by doing bankwire to that person, or even pay in cash?

Am I right to understand that Lockchain basically undercut / eliminate 3rd party competition by having a low commission fee by setting up the website and using blockchain technology?

LockChain Secures 100,000 Hotels for its marketplace through strategic partnership deals

We’ve already mentioned this in the Dec Update post, but since this news is of huge importance to the development of company and the LOC value in general, we decided to make it as a standalone post in order to make sure our whole community is aware of this.

Through strategic partnership deals that were made in December, we’ve secured hotel inventory that is close to 100,000 hotels with some of the most reputable accommodation suppliers in world. The inventory has global coverage.

The prices of the hotels are extremely competitive. We’ve conducted a comparative analysis between 21 properties and the result was an average of -17% -18% pricing when compared with the most established OTA. The test was conducted on properties from London, Paris and Tokyo. No USA based properties were used for the tests, because the specific OTA does not show end prices for USA (excludes sales tax, city taxes and all additional taxes) which makes it hard to validate. Pricing for USA properties are expected to be in the -9%–10% lower than established OTAs.

This bulk inventory will be provided entirely in net pricing to registered LOC users in order to boost the value and adoption of the lockchain marketplace.

Securing of quality inventory can only aid in the process of establishing LockChain as the first true 0% commission blockchain accommodation marketplace.

Our goal is to be able to integrate this inventory to our alpha marketplace as soon as Q1 2018 and to provide immediate value for the LOC early adopters.

Simultaneously we will be working towards on-boarding as much hotels and property owners as direct hosts on the marketplace.

https://medium.com/@LockChainCo/lockchain-secures-100-000-hotels-for-its-marketplace-through-strategic-partnership-deals-e73b2f81ea97

Team Dev said: next listing is planned for gatecoin.com . it is likely that they will be integrated by end of Jan
 and exchange accept fiat payments, which is important for them

hello there, is it possible to buy LOC directly without changing BTC before?

Can somebody tell me when the actual product will go live and if the coins will be traded on larger exchanges?

Hi! I read about this project while researching Bee Token. What do you guys think about the similarities and differences between Lockchain and Bee Token?

Hello! I heard that the distribution of tokens began, while only for the subscription, and when we get for social networks? Need to provide where the ETH address? Or will everything happen automatically?

Dev, I really like your project, I have a few questions regarding vendors going onto your platform..
I read that once taking payment from consumers in fiat currency you convert this to LOC then it gets sent to the vendor. Now im wondering how does the vendor get their payment out of the wallet on your platform?
If i had 10 hotel bookings, how would i recieve the payment and what would i need to do to get my profits out of your platform?

Will it be possible to pay in e.g. a hotel in fiat money via the LOC site in the future?

If a hotelier wants to be paid in fiat money, how is value for the coin created? I know that in the backend the payment is converted to LOC. But if the property owner wants fiat money, what happens with that specific LOC?

Hi anyone can tell me if we are able to transfer LOC from MEW to nano ledger S?

Does anybody know how to put LOCs in nano ledger s? Is it through ETH wallet? anyone?

So few pages in this thread despite this news:


Despite the lack of popularity on this forum, the price of LOC is going up steadily. A hidden gem :)

Simple question I pay in LOC on the platform right? Looking from the volatile site of the currency, as me being a hotel do I have to constantly change the prices? Or will the price level stay the same on the platform

If I have/list a vacation rental property on the Lockchain marketplace, and it is rented out through Lockchain, Am I paid the rental fee in LOC or am.I paidout in fiat?

Taк этo былa peклaмнaя cтaтья нa forklog....

Hi all. I want to ask a question maybe for someone seems silly. How do you think the price will be 10$ per LOC?

Hi there, anyone else experience LOC tokens being visible in MyEtherWallet, but not showing in etherscan or ethplorer? I bought during ICO, and just trying to figure out why, any info would be great if you know, thanks.

My LOC tokens are visible in both EtherScan and Ethplorer. It could be a glitch, the Ethereum network is overloaded. My CAPP tokens are displayed on Etherscan, but not Ethplorer.

Hello everyone, I bought some loc on ICO and want to buy more now. Which exchange sites loc is in? I'm only use hitbtc to check the prices but I'd like to compare with other exchanges

You'd think a Hero member who's been around since 2013 would know the site Coinmarketcap by now. I mean it's more popular than the Wall Street Journal.

https://coinmarketcap.com/currencies/lockchain/#markets

Can I buy LOC on mercatox? And just use this to hold the LOC too? Do I need an ether wallet too?

Paying in LOC it requires consumers buy LOC from exchange, right? Paying in fiat it requires Lockchain team buy LOC from exchange, right? No one can clarify this?

When i transfer my LOC to my MEW address, does my token will go directly to LOC in MEW?

Hmm .. after their ico success, Dev is no longer active in here.
They are only active in telegram
Have do you forgotten us that is here, dev ..?

Any update on the launching date?
Is it first going to be 100% free for both party or are you immediately going to implement the subscription fees?

Hi, I have some issue for trading LOC from MEW, when I wanted to transfer my LOC to hitbtc, It has been showing Insufficient fund, Can anyone help me?

Good news :)
https://medium.com/@LockChainCo/marketplace-update-12th-jan-https-alpha-lockchain-co-c3b4bf017dfc

I have sent the LOC to hitbtc today, but have not this problem, can you take the screen cap, or you have the enough amount to paid for your transaction fee? 

In the Update it says "Integration with 600+ bookable properties". Are those new properties?

Cool project and a very promising Alpa. I run a large travel blog and I talk with a lot of independt hotel owners on our travels and they have no love for the OTAs. So you guys are really on to somehing here.
And sync of calenders between different platforms is a must. Im renting out a house using AirBnb and Booking.com, there is calender sync between those, which is absolutely necessary.

you should invest ? what is your project investment ?

Guys question just for understanding, if i have an hotel and i want to use the loc platform, am i getting payed by loc or by usd?
If im getting payed by loc, should i sell the loc in crypto exchange?  And the value might drop mean while.. how exactly is that work?

I got a question. The properties are listed on the blockchain right. But data on the blockchain can't be removed. How can a property be removed once it's not available anymore?

May I ask a question? Why I can see LOC token in my MEW but can't find the transaction and record in EtherScan or EthPlorer?

i like your idea and as a current airbnb customer i appreciate the 0% fee. but i wonder, if you (lockchain) don't earn anything, how can you survive? where does your income vome from? sorry difficult question, but just trying to understand.

LOC has been listed on Gatecoin.com. Gatecoin is a relatively small exchange with a solid platform and good reputation.

Dear Team, Maybe this has been mentioned before but when i am on the market place i cannot refine a location, eg: UK, London.. now it is only by country. when is this feature planned?

Please can someone help clarify this question for me. I understand you have a premium model with upgrade options...so can the Property owner/Hotel pay Lockchain in LOC tokens as well as FIAT and Crypto if they want to upgrade?

Bitcoin Garden: LockChain Rolls Out Its Blockchain-based Booking Platform after Securing 100,000 Hotels
https://bitcoingarden.org/lockchain-rolls-blockchain-based-booking-platform-securing-100000-hotels/

LockChain, a company developing a technological solution and a decentralized platform for property booking via blockchain, has announced it released the marketplace solution in alpha.

The platform currently features 600 short term rentals that, thanks to direct interaction between the guests and the hosts, offer 18% lower prices than those found at centralized marketplaces like AirBnb. LockChain has secured partnerships with around 100,000 hotels around the world in late 2017, and all of them will be added to the platform by the end of February 2018....

LockChain (LOCX) list new exchange Yobit

https://yobit.net/en/trade/LOCX

https://twitter.com/YobitExchange/status/954385457294520320

Congratulation !

Wish you very happy trading !

Will there be any promotion in Yobit's investbox?
In which other exchanges are ready to launch the LOC token?

Dear Dev,

please advise price of ICO, I want to invest a little

lockchain token sale is ended, if you want to buy LOC tokens you can buy it on HitBtc , etherdelta and gatecoin. and the price of the LOC tokens when the pre-sale is 1 ETH: 1000 LOC. and now the price is down, this is the right time for you to buy.

Hi guys.
How many funds were raised during ICO?

Something completely LOC poured down. Very disappointing. But I think the price will not be found in a month. Who has any predictions?

LockChain is still very good on the background of all cryptocurrencies. While the decline in price is a temporary phenomenon. It'll be over soon

hi, what type of guest/host identification does lockchain request? just a wallet or you need id proof (document, telephone). thanks

They have raised around 10k ETHEREUM which was equivalent to around 9 million LOC tokens.
Not sure about the equivalent of those numbers into USD tho.
Source: https://twitter.com/LockChainCo/status/936265518239150082

I tried loading the Lockchain alpha, but after 10 minutes I still saw the loading animation. Is it working?

YouTube Influencers about the LOC Token. Analysis, price predictions and forecasts for 2018.

At LockChain we’ve been constantly working on the development of our engine, platform and environment. While we keep ourselves busy the community around us is catching up and becoming more interested. This shows by the several blockchain and cryptocurrency enthusiasts on YouTube who have been reviewing us. Have a look at what they had to say!

https://medium.com/@LockChainCo/youtube-influencers-about-the-loc-token-analysis-price-predictions-and-forecasts-for-2018-b38b9f378491

Ins and NagaCoin Memeber Harold Kim Joins LOC Token team as Advisor

LOC recently announced that it will be deploying 100,000 hotels on its marketplace, making it one of the first blockchain based startups to have a retail mass service that goes beyond the borders of the blockchain financial niche. LOC is traded at the moment on HitBTC, Mercatox, Etherdelta, Gatecoin and Yobit and has a limited supply of only 9.25M LOC tokens.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ins-and-nagacoin-memeber-harold-kim-joins-loc-token-team-as-advisor/

https://coinidol.com/upload/resize_cache/iblock/731/900_900_1/731b5ee99980e43ec6932891c4bc4f68.jpg

Lockchain team, smart contract for ICO is different from smart contract for booking payment. Right? You are developing smart contract for booking payment (DApp ), right?

I see a huge potential of project, but such comission is something. Need normal trading platform. Bitfineks now delisted a lot of projects without product, but can list LOC, as i see

Featured Property of the Week — A Casa Di Amici Boutique Hostel in Palermo, Italy, is like living in a modern art gallery!
https://medium.com/@LockChainCo/featured-property-of-the-week-a-casa-di-amici-boutique-hostel-in-palermo-italy-is-like-living-bf731c340fe0

https://cdn-images-1.medium.com/max/800/1*aBtM7xQKYTwJO87KlMHABg.jpeg

There are several smart contracts for different purposes and there will be use case scenarios implemented in different smart contracts.
Depending on the host preference, a specific smart contract will be deployed for the given property, and so on...

I understand the LOC is the finished working product? Or is he in the plans?

Does anyone know whether Lockchain has to send a large sum of its coins to an exchange if it wants the exchange to list them coins? Or does lockchain do that only after the exchange agrees to list lockchain?

Featured Property of the Week — Fynbos Self Catering Maisonette in the heart of the Cape Whale coast of South Africa
https://medium.com/@LockChainCo/featured-property-of-the-week-fynbos-self-catering-maisonette-in-the-heart-of-the-cape-whale-697b8f148aa6

https://cdn-images-1.medium.com/max/800/1*mG4FHT5NHH5K1-jk9QW_NA.jpeg

This week’s featured property is a brand new self-catering maisonette in Paarl, South Africa. This roomy coastal bliss was designed to host up to 6 people and let you fully enjoy everything the South African coast has to offer.

The astonishing custom-built, spacious home offers quick beach access and unforgettable panoramic views at price as cheap as $171 / 153 LOC per night only if you book it through our LockChain marketplace where all the price quotes include 0% commission.

At your disposal there are 3 cozy bedrooms and 2 bathrooms in total, as well as a well-stocked kitchen with upgraded appliances that opens up to the dining area. Get the best out of the coastal views from the comfort of an open plan lounge located at the same level.Professionally landscaped, the outside area features a BBQ, enclosed hot/cold shower and beach access located at the end of the driveway.

This property is located at the ocean side subdivision Sea Watch and near the town walking and biking path, great shopping and fantastic restaurants.

Fynbos Self Catering Maisonette is ready for you to seize the day and book today! See rates and availability to book your next vacation and view more photos of this extraordinary property here.

We are happy to deliver the first blockchain-powered marketplace where property owners can rent their homes globally, collect money & manage bookings without paying any commissions to middlemen!

Join Our Telegram to discuss the project with 4,200+ other members and stay updated with most recent news.

MINEXBANK urges all market participants to refrain from making deals outside the 5% corridor of the exchange rate fluctuations in order to avoid possible financial losses.
what does this means?
so 8.54 USD is 42.7% growth from 20 USD/MNX? So the target is 28.54 USD/MNX. 5% from this value 28.54 is 1.427 USD. So we refrain from buying above 29.967? Is this the meaning?

LockChain’s LOC Token is now listed on the IDEX Market

We are pleased to announce that the LOC token was approved to be part of the official list with currencies tradable on the IDEX exchange — https://idex.market/eth/loc.

https://cdn-images-1.medium.com/max/800/1*qIUP3Cz2mIo4LxYEg_OLlw.jpeg

A new one, but not the last one exchange in the LockChain run. IDEX is famous for being quite user friendly, fast and secure (including support for Ledger Wallet and MetaMask) decentralized Ethereum exchange. Traders will have the option to place multiple and instant orders, as well as, cancel them gas-free and immediately.

IDEX combines the experience of a centralized exchange with the security of blockchain-based settlement in order to achieve a high-throughput trading.

We are happy to see that the 6th exchange we got listed on is one of the fastest-growing in the industry. Within solely 23 weeks of operation, they reached a number of 70,000 users and growing.

https://medium.com/@LockChainCo/lockchains-loc-token-is-now-listed-on-the-idex-market-ba5088bc9fd9

Is there a significant incentive to utilize the LOC token? I use it to book your trip? and one question about fiat, will there be ability to pay any major credit card? Including. American  Express

I’m sorry but the article mentioned booking with LOC. Can we do it with USD as well? You said “digital and real money”. And does it produce an invoice or booking receipt in USD that can be users for business travel reimbursements?

A comfortable and safe environment is one of the main reasons we choose, and of course, we need to enjoy more discounts. It's really worth caring about.

A lot of people in the crypto community would love to be able to use their crypto to travel and would be dedicated customers who spread the word to the masses. I really support idea airdrop LOC. This will make the community more aware of the Lockchain project

Where did you find information about AIRDROP? Please give a link if you don't mind. Thank you in advance

such very interesting project and will attract attention quickly, i really like to follow the progress of this project, hopefully it works very well,hope will be successful and hope lot of people try it to invest it here ;)

such interesting to join this project, although many projects with the same concept, it seems this project is one of the most promising and i will continue to see the progress of this project, hopefully can be a successful one ;)

LockChain Cuts World Hotel Prices — Confirmed!
https://medium.com/@LockChainCo/lockchain-cuts-world-hotel-prices-confirmed-c3426ab893a6
We, at LockChain are the first one to put the accommodation industry on the blockchain in order to provide hotels and home rentals booking without intermediaries with the promise that this will cut the global hotels’ price with up to -20% by the end of 2018.

Now that the alpha version of the marketplace has been launched with 100,000 hotels successfully integrated and available for booking, we conducted cross-comparative analysis in order to find out if our rates are as competitive as promised.

LOC token — A token worth buying for the purpose of spending on travel — a concept that has been validated and goes beyond the established crypto standards.

question to developers! Please tell me when will be unlocked the rest of the 10 million tokens LOC? In advance thank you for the answer!

It was surprised for me to see this project being around for months and didn't catch it till yesterday. Absolutely lot of things are happening in partnerships and development but all flowing under the radar and not everyone included me is aware of the things. Price are accessible than before for new people who are seeking something with real potential.

Rebranding (April 24)
https://coindar.org/en/event/lockchain-loc-rebranding-8000

I didn't catch up that news about rebranding on 24th of this month. A major upgrade for larger adoption but there is less than a week and still many people don't know about this news. It should be seamless change at developers end to complete if there is any. I will do search for my own convenience as well to be sure about next.

Hi, everybody. I missed the re-branding and my tokens are on a cold wallet. Will they automatically change the name? Or do I have to put them on the stock exchange?

what about YoBit? It's still the old name... Are the coins in YoBit the same or they are dead?

In my opinion these coin has possibilty to going up multiple times from current price in the long term because strong in fundamental.

So there is no difference what name is on iobit is explained to me in telegrams channel official.

Who are the competitors to Lockchain/trip?

Bee Token or Travelblock?

well, I personally think travelblock will smash this... but we shall se..

You should check out travelblock :) www.travelblock.io

so far, there are no serious competitors for this project and I think in the near future there will be none.

After rebranding will be great to see new name mentioned in the title space. I started to search using new changed name but didn't reach at thread. I think adding new name alongwith old one would have good results to play role of bridge between old and new investors to access the thread.

Why there is complete silence across the channels. At the start of this month we had to see good updates. Now two weeks passed already and didn't hear anything from the team. If someone is actively checking this thread from team should update us on what's going on behind the scene and what is next for short term to bring LOC in center of attention.

such interesting to join this project, although many projects with the same concept, it seems this project is one of the most promising and i will continue to see the progress of this project, hopefully can be a successful one

I see a huge potential of project, but such comission is something. Need normal trading platform. Bitfineks now delisted a lot of projects without product, but can list LOC, as i see

LOC to be listed on FatBTC exchange on 23th May 2018

LOC will be listed on the 23th May on FatBTC .

Fatbtc.com has opened deposit of LockTrip( LOC )

LOC / BTC trading will start at 14:00, May 23th（UTC+8).

https://cdn-images-1.medium.com/max/1000/1*d6h4AkLdjU1CQy1W1iNi8g.png

FatBTC.com is an Asian exchange which has fast growing volumes, a super fast trade engine, good reputation and solid security.

The current 24h volume of FatBTC is ranging between 36M and 41M according to CMC https://coinmarketcap.com/exchanges/fatbtc/

LOC will be listed against BTC

Here is the official announcement from the exchange : https://fatbtc.com/news-detail-122.htm

Official Tweet: https://twitter.com/FatBTC/status/998444624921350144

Click Here to Signup on FatBTC and start trading LOC from 23th May onward.

https://medium.com/@LockChainCo/loc-to-be-listed-on-fatbtc-exchange-on-23th-may-2018-2648915a64f6

Please tell me when will LOC be transferred to more promising exchanges? And the fact that the volume is lacking.

Be patient and you will soon be awarded a high price for the LOC token. I think a good exchange will not keep us waiting long!

$500,000 LockTrip Airdrop in June. Claim Free LOC Tokens!
https://www.youtube.com/watch?v=x8yNzo7s7e0

Only 3-5 minutes to complete and get $10 worth of LOC tokens!
LockTrip, the first hotel & vacation rental marketplace with 0% commissions on your booking, is excited to announce the LOC airdrop launch on the 1st June 2018.

Additional tokens as a reward - $5 per each referred person via your unique referral ID.
The concept of the airdrop is to engage a broad and healthy community and to spread the word about our amazing project — LockTrip and our native LOC token.

In my opinion, all exchanges that exist today, already have good standards, for security in implementing every user is required to verify their identity data and use 2FA's security, so not only large projects dare to register their tokens in a market that has good volume, such as exchange of Bitfinex, Bittrex, Binance, Hitbtc.

Very disappointed to hear about the $500k airdrop in June :(

While it follows a PayPal-esque model (who famously bootstrapped by giving $10 each to new users)
Unfortunately it is completely misplaced in the token model & over the last 5 years I’ve watched probably >100 tokens attempt to apply the same flawed strategy.

In the PayPal example they had money set aside to fund the incentive. However if they were giving away $10 dollars each in shares of their relatively illiquid, low value start-up, they would have also lost the majority of their valuation & not attracted new users in the process. (The illusion is that at a $10 Million Cap you have $0.5 Mil to give away but unfortunately in illiquid start-up tokens, the buy support is not there and will completely evaporate as investors see the short term selling pressure from even $50k of airdrops. Nearly all tokens quickly stop airdrops tied to a specific dollar amount.)

In practice the airdrop will severely decrease the share price, thereby scaring away existing investors and supporters, while also not encouraging adoption as new users will quickly sell a dropping token. There are also active groups that target share drops for profit, so low customer conversion & there are also groups that successfully employ mass multi-accounting to game airdrops too.

At the current valuation your $500k June promotion is giving away circa 500k LOC (But the cost in LOC terms will rapidly increase as the LOC price decreases but you are still price fixed to $10)

A Customer acquisition strategy that does work is incentives for

a) making a purchase using the platform
b) holding the tokens medium to long term
c) NEVER price fix to a $ amount

Very quick but...

Alternative Promotion

Every single day 10 random LOC customers will win 150 LOC Tokens Each!!

Conditions:

- You must have booked at least one night’s stay via the platform in the last year & you must have a balance of >$10 worth of LOC in your account at the time of the draw. (Every additional $10 worth of LOC you have in your account gives you another chance to win!)

COST: Circa 500k LOC per year

FOR INVESTORS:
Most existing investors would be rapidly converted to LOC customers & long term holders.

(A 500k LOC p.a promotion would be the equivalent of a 10-25% p.a return on LOC held long term assuming 2-5 Million LOC participating in the promotion.)

FOR CUSTOMERS:
A) Would be incentivized to make their first booking & maintain a small LOC balance.
B) Are incentivized to frequently visit the platform to check if they’ve won.
 

LOC Supply/Demand

TOKENOMICS 101: In a potentially high revenue token business, such as hotel bookings you should incentivize HODLing so your capital flows are driven through a lower circulating supply to maximize token appreciation as your user base and revenue grows.

I know you won’t change your existing promotion at this late stage due to a random post but hopefully you will know now to pull the plug when LOC inevitably rapidly drops >50%+. Good Luck

please explain to me what AIRDROP is referred to in the Twitter feed of the official LOC?  ???

LockTrip denied to pay its debt making excuses by low conversion from site of partner
The article with the excuses from blog of LockTrip https://medium.com/@LockChainCo/lockchains-wings-ai-case-community-vote-7be88546a353
The telegram chat is censoring and all messages from investors who didn't support the gypsy style of the business are deleting
How I saw this situation: the team of LockTrip had bought the Airbus 320 in the credit, used it and after all decide to not pay making excuses it wasn't useful for trips from Sofia to Pernik because the wheels of the Airbus are too small. It's really a wonderful gypsy style of the business.
What will be the conflict with another community?! A lot of negative and all that informations will go to the blogs and to the forum and it will make a lot of the influence to the LockTrip community.

Lockchain-LockTrip scam. Sell the coin as long as there is a chance. Soon it will go to the bottom. They will be sued.

Do I understand rightly? These developers have agreed with another team (wings) and then decided to break the agreement saying that they did not get what they wanted?
I do not know how you call it, but for me it's a scam and as the editor of the news channel I hope you'll explain everything. Otherwise, I'll write about the situation (I think the rating will pick up such an article).

I learned about Lockchain from the Wings platform and even bought some tokens. But when I learned that the Lockchain team decided to fool the Wings community. Then I immediately sold this shit

100% right the team of the LockTrip (ex-LockChain) used the platform of the DAO Wings for analyzing and promoting
https://alpha.wings.ai/#!/home/project/0x065ed8DBcb74ba484d49112AEd4aa745750370b8/info

And then decide not pay the rewards justifying that by "low conversion" and not "exclusive place"

LockTrip (LockChain) decided not to pay to Wings.ai that fulfilled all obligations about placing LockChain project at Wings-platform - https://medium.com/@LockChainCo/lockchains-wings-ai-case-community-vote-7be88546a353.
Good deal - save 300K$ for sluts and drugs for LockTrip scam-team  :D
But actualy they don't care about their reputation as any other scam.

If the agreement is, then it must be executed. Let's see what they say but the normal team must fulfill their obligations. After all, if you ordered a design and you made it you can not say I will not pay.

Looks like a fraud is one of the basic ideas of this company, their CEO and founder running bitcoin7.com exchange - which was "hacked" but old members know about exit scam of this "exchange"... And in this moment it's just primitive pyramid with same owner.
For newcomers - investing in this platform is so so dangerous, and for who already invest - is good time to think about hold or wait when team start dumping their coins and disappear...
For wings community - such a big companies like STOX, Bancor, INS, AdEX, etc payed for your service, so you should know you are running and doing great decentralized service with a big bright future ;)

Moreover it's not a 300k - with such liquidity of the token it's closer to 50k, hitbtc has only few btc on bid side and other even less. So basically they don't wanna give the tokens which were allocated to wings in their whitepaper (marketing section).

Yes, I'm leaving this project and will advise everyone. If the LOC is unable to perform the agreement which it concluded with the project wings. That's how you can go on with this project. Where is the guarantee that tomorrow they will not deceive you.

And you did not think that the PROJECT wings deceives you. I'd claim I wrote directly to the developers WINGS. Let them solve this problem.

i like your idea and as a current airbnb customer i appreciate the 0% fee. but i wonder, if you (lockchain) don't earn anything, how can you survive? where does your income vome from?

I suspected from the beginning that lockchain were scammers and skip forecasting this shit

Participating in the LOC Airdrop from a country where the Airdrop has been finalized
https://medium.com/@LockChainCo/participating-in-the-loc-airdrop-from-a-country-where-the-airdrop-has-been-finalized-621fd7f7a78b

We have received an incredible amount of interest and participants from some countries and as a result we had disabled the airdrop for future participants from these regions.

Please see the exact list of countries for which the signups are not credited anymore, and the corresponding dates/times when this has come into effect.

Vietnam — 6:20 UTC (June 2nd 2018)
Philippines — 6:20 UTC (June 2nd 2018)
Indonesia — 6:20 UTC (June 2nd 2018)
India — 6:20 UTC (June 2nd 2018)
Pakistan — 6:20 UTC (June 2nd 2018)
Thailand — 6:20 UTC (June 2nd 2018)
Myanmar — 6:20 UTC (June 2nd 2018)
Malaysia — 6:20 UTC (June 2nd 2018)
Nigeria — 6:20 UTC (June 2nd 2018)
Bangladesh — 6:20 UTC (June 2nd 2018)

If you are located in one of these locations, you will not get $10 for participating yourself, but you will still be able to refer other people from countries where the Airdrop is still active through your referral link for which you will be rewarded $5 for each person.

In order to start referring people, you can complete the airdrop as usual, and copy and send your referral link to other people which you will find in the “Airdrop” tab inside your dashboard after you complete the steps.

Every eligible person who signs up, will generate you $5 as a referral bonus. An eligible person will be considered (anyone who completed all steps successfully, does not violate the rules and who at the same time is not located in the above countries)

Thank you for your amazing support and for being part of the LOC Travel Revolution Airdrop!

The useful information from partners https://twitter.com/FastCryptoTrade/status/1004075701342007296

Very offensive result and it is not surprising that the price on the bottom without bidding is almost. If I'm not mistaken, this is the first time when one company in another in cryptomir throws money on breaking its agreement?

Hello LockChain believers,

Our aim is to add value to the whole crypto community by giving the best user experience to analyse cryptocurrencies.

It would be really great help from your side if you can spend 60 seconds of your time and give us your valuable feedback for our two recent updates 1) Snapshot and 2) Colourful interface of LockChain at: https://cointopper.com/coin/lockchain

Constructive criticisms are always welcome at CoinTopper (https://cointopper.com/).  Thank you!!

Lockchain is doing very bad things in terms of marketing and a failed to reach the target of the community. Now most of the people sold their coin because team failed their promises to the community.

what a shame this LockChain team. They are creating articles about wings and you can read only lies there.
It's a scam project and you stay far away  from it. Even if we let this project die they still make a big harm to the community because taking all money from ICO.
LOCKRIP

How LockTrip takes advantage of the Network Effect: Marketplace search speed

The network effect is a key element of the sharing economy. The more people take part in a system, the higher its value becomes. This effect is so strong, that it will greatly shape the core value of our project: The decentralized database (Read more about this in our Whitepaper on page 12).
https://medium.com/@LockChainCo/how-locktrip-takes-advantage-of-the-network-effect-marketplace-search-speed-5571ebfc1ca3

I think that is a problem between LockTrip and Wings. In fact, team has alpha version of theirs platform, and it's work. Also a lot of partnerships. This gives good prospectives for project.
I believe that Wings and Locktrip can resolve their differences peacefully, if they try.

I completely agree with you. The team the wings should not remain aloof from this war, participants in the wings project LOC

Yes, I also read about it. But exactly how LockRIP deceived the WINGS community I did not understand. They refused to pay their tokens to the forecasters? What do they say in their evaluation?

Very cool Blockchain technology will be introduced into hotel business thanks to LockChain, where hoteliers and property owners can rent their property globally, collect money and manage bookings without paying any commissions to middlemen

I see a huge potential of project, but such comission is something. Need normal trading platform. Bitfineks now delisted a lot of projects without product, but can list LOC, as i see

Why LockTrip is leading the final disruption of the travel industry

Disruption. Change. Revolution. You probably hear such terms all the time, maybe even too often. Almost all startups and companies claim to do the next big thing. But only a few will shape the future. So, how do we know what will truly disrupt an industry?

The Huffington Post wrote an article about 5 Ways The Travel Industry Is Changing In 2018. Among those 5 factors, they chose to list the blockchain technology as the primary factor, while mentioning LockTrip as the leading travel company in that field:

But why did they list blockchain as the most important one?

When it comes to change, there are many things to consider. Artificial intelligence for example will enable better matches, learn what you are most probably searching for and understand your needs. Virtual reality will open up new ways to view and explore your next stay and choose more wisely. But all of those technologies got mentioned as secondary change factors. The reason for that? Economy.

When it comes to disruption, nothing beats economy. Yes, people want an easy and smooth booking experience and yes, they also want to know what exactly they are booking. But the first thing they will always do is to check the price tag.

History teaches us: Lower prices were the strongest weapon for online travel agencies when they disrupted conventional travel agencies. They lowered the cost per booking by eliminating expensive sales personal and the costs for inefficient sales offices around the world. But the journey is not over yet, as they still take around 20% commission from your booking.

https://medium.com/@LockChainCo/why-locktrip-is-leading-the-final-disruption-of-the-travel-industry-f987b7b3f739

I got a question. The properties are listed on the blockchain right. But data on the blockchain can't be removed. How can a property be removed once it's not available anymore?

I like LOC but I think like many will wait for the $500k airdropped tokens that will be unlocked between 15/7-30/7 to be dumped on the market first. Will be interesting to see if it goes higher in the interim though

Great article, awesome! I want to get some trip with Crypto at least.

Is there a significant incentive to utilize the LOC token? I use it to book your trip? and one question about fiat, will there be ability to pay any major credit card?

Of course benefits are first thing which you expect when it comes to use some specific tokens like LOC. It varies from offer to offer for example very last rental space was bringing you over 47% of saving when you were paying with LOC. In past I have seen even 68% discount so it not fixed. Everyone expect for this token to see huge success because of these amazing offers @Blyfla.

Why booking through LockTrip will be a “piece of cake” even for your parents!
https://medium.com/@LockChainCo/locktrip-saves-you-over-47-on-this-stylish-and-spacious-rental-in-vauxhall-london-c5706ea2f7cc

Such an inspirational story when read the feedback report from NICO about his experience with LockTrip back in April. Although whole article is covering the story and such discount makes different and matters for everyone. I didn't booked using LOC tokens yet as wasn't occasions but have raised in good numbers to use for me or gift vacations to some friends in future.

How LockTrip made sure your trust is well placed
In this blog post, we want to look a bit into the past and see how LockTrip conducted its Token Generation Event (TGE). More specifically, how the team made sure that the risk for participants is as low as possible.*
https://medium.com/@LockChainCo/how-locktrip-made-sure-your-trust-is-well-placed-d41efd158cac

Vote for LockTrip on Kucoin Now!
Kucoin is a reputable exchange and we should make all effort to list LockTrip on it through this amazing opportunity.
https://medium.com/@LockChainCo/vote-for-locktrip-on-kucoin-now-f89448556aac

Recap of the Voting Competition and a BIG Thank You!

First of all, we want to thank you for your immense support throughout the Voting Competition.

Many of you worked hard to promote LockTrip and invited people to vote for us. We also noticed that some members provided us great support regarding the management of the Telegram group around the clock.

Thanks to you, we secured the 3rd position in the Voting Competition. KuCoin will now take around 2 weeks to analyse the voting data and weed out bots and fake votes. The official winner will be announced afterwards.

https://medium.com/@LockChainCo/recap-of-the-voting-competition-and-a-big-thank-you-504f88406323

Have those who participated in the $500k airdrop been paid yet?

LOC got listed on Bancor's liquidity protocol few days ago. It was supposed to see some liquidity but there is no significant volume came from that liquidity provider. On the other hand in the long run this listing may show some good results. I didn't participate in the airdrop so can't speak for others. I read that was long process and reward was few dollars if I remember well.

LockTrip Wins the KuCoin Voting Competition
"Dear Community Members! All the hard work paid off. We are proud to announce that LockTrip won the KuCoin Voting Competition."
https://medium.com/@LockChainCo/locktrip-wins-the-kucoin-voting-competition-f6e6bb8c0442

That is not proof what are you trying to tell others give us valid things and share what is you have there. Otherwise stop trolling we don't need this at this point they are moving with nice streak.

Great job on winning the vote for KuCoin.

TRAVELBLOCK is my choice though :)

https://bitcointalk.org/index.php?topic=2841342.0
https://t.me/travelblock

It is apparently use case of this token and limited supply which is holding its value. It is impossible for any token to not loose value at all in such turmoil but still sustaining a reasonable value makes all. This token is working fine for me to do successful trading with and new listing on Kucoin is also good.

Update on our Milestones and the Roadmap
https://medium.com/@LockChainCo/update-on-milestones-and-the-roadmap-4f23d351c41e

As you know, July was very turbulant for LockTrip. Besides our regular tasks and development, we hosted unexpected events such as two community votes (KuCoin and Binance), and the Kucoin Airdrop.

Especially the KuCoin Airdrop was very time consuming and work intensive. We had to develop quickly new tools optimized for the speed required for the KuCoin competition instead of the quality of the initial Airdrop.

After that, it took us significant time to verify and handle support issues. But of course, all of this paid off greatly.

As a result of those unexpected but well worth events, we are running approximately 2 weeks behind schedule.

Here are some updates regarding our milestones.

 i hope the development of this project is good for future investment, really a very interesting project, good luck for your project

How will it be distributed or sold this supply total 18,585,933 LOC? Can the reservation of hotels using LOC be carried out by any citizen of any country?

I feel that this is probably the project that needs more attention. Because we will see the potential of its development. This token will be very valuable. I will buy it in the near future. ::)

In my view, they just developed a process that before establish a Sc you download info of yours address on chain and connected to someone else downloaded info of his address on chain. Then make a deal and update final balance.

https://preview.ibb.co/dq1ALz/2.png (https://ibb.co/kHY1Se)



LockTrip (LOC) Gets Listed on KuCoin!

https://news.kucoin.com/en/locktrip-loc-gets-listed-on-kucoin/ (https://news.kucoin.com/en/locktrip-loc-gets-listed-on-kucoin/)

I am very interested in this project and I'd be interested to learn more about the project. So I can find more information about Where?

The Fight against Rate Parity Agreements
Today, we want to talk about an issue, that causes great pain for the hotel industry and was one of the reasons why LockTrip was founded.
https://medium.com/@LockChainCo/the-fight-against-rate-parity-agreements-528bcd3e1c91

Today, we are announcing the LockTrip Blockchain. Be prepared for some exciting surprises and fasten your seatbelts while reading through the Manifest. But, let’s start with some general info before…

LockTrip Blockchain | 1. Marketplace Marketing
You probably all have read the LockTrip Blockchain Manifest by now. If you have not, now is the time to do so. Because this element of our project will be very essential from now on.

While the Manifest answers many questions in great detail, some topics have to be put into the right context in order to be fully understood. This is, why we are now starting a series to illustrate all the implications the new blockchain will have on the LOC token and the Marketplace. https://medium.com/@LockChainCo/locktrip-blockchain-1-marketplace-marketing-6d279e9a8308

Building own blockchain to take the usage of Locktrip to its maximum potential is totally understandable. This secret development really surprised me as there was no mentioning about it. I like the approach the team to eliminate the manipulation they carried it on as parallel. I will be waiting for announcement on swap 1:1 for new blockchain  via smart contract when that will be available.

LockTrip Airdrop Distribution Starts
The long awaited Airdrop distribution has started! In this post, we want to provide you some summarized information about the whole event. https://medium.com/@LockChainCo/airdrop-distribution-starts-50bbddccecbf

LockTrip Blockchain | 2. Liquidity
This article is the second part of the LockTrip Blockchain series.
https://medium.com/@LockChainCo/locktrip-blockchain-2-liquidity-718a53a520f7

This second article which covered liquidity by every possible angle indicates many things. Since liquidity is my favorite subject I read everything with deep interest because it is liquidity for any market which decides its value and real adoption makes this possible. I have bookmarked this article to read again later because reading once isn't sufficient.

Meet Georgi Georgiev, the new CTO of LockTrip!
https://medium.com/@LockChainCo/meet-georgi-georgiev-the-new-cto-of-locktrip-ebee3f60f7b3

This is very useful article on addition of new member in team and hopefully his contribution will make visible difference in success of project. Before this update there was another unnoticed blog post on running own node. That is kind must read those see future with LOC and other thing like other alternative coins markets price here are also in recovery mode with less volatility but overall direction is upwards.

LockTrip Blockchain | 4. LOC Demand
This is part 4 of the LockTrip Blockchain series.

In this post, we will discuss the benefits of the LockTrip blockchain in terms of creating additional demand for LOC.

Generating demand for LOC was always one of our key requirements when designing our project. This is why we actually built the whole system around LOC, rather than to simply add it into an existing model.

We have outlined the basics of the key fundamental demand generator here.

In a nutshell, every booking executed on our platform (regardless of the payment method) will be converted into LOC and then locked in the booking smart contract until checkout. This basically means that those LOCs are taken out of the circulation for the period between booking and checkout. https://medium.com/@LockChainCo/locktrip-blockchain-4-loc-demand-22da18d013f2

This series of development contains quality material and plan to take the project to success. Since it is clear price are decided on supply and demand based for anything in that case locking LOC tokens until check out happens will play important role. Why because supply is already limited and such discount will encourage people to go via locktrip to have accommodation.

Why did price increase by 30%, what was the news from the project? And good trading volumes, I think to sell 50% of tokens.

Of course there are news about adding new destination in their covering package is one. They are doing work on their own chain that was announced last week. Some improvements and changes in existed business model were introduced in one of the previous articles. All these things are pushing the price up as some fresh money is being injected in this market.

Instantly convert $LOC with any token on the Bancor Network: https://ban.cr/LOC

https://twitter.com/Bancor/status/1059036053896642560
https://pbs.twimg.com/media/DrJzGpMWkAEJkcg.jpg

In spite of the potential if the features are implemented well, which have recently been presented price can keep growing in future. My main focus was on current market action which in this specific situation doesn't provide logic on announcement of things. That is just a classical pump addressing the situation of the moment using current state of project, I think so.

In last two weeks price of LOC has been tripled while I was just planing to add this token in my portfolio. This one is what I missed recently and now it can't be touched. Once it started to go up I had feeling may be I missed it already and that became true. I just am wandering around in wait of opportunity to avail next time. Those jumped immediately remained lucky. Tokens supply plays vital role this has been proven again.

I discovered it too late, or maybe not because I think it has a lot of room to go up again in the next few years; basically it only capitalizes about $ 20 million and is only at the beginning of its expansion and growth.

Together with the addition of over 300,000 additional hotels and the launch of air tickets later this year, LockTrip is the first company in the world to offer real-time credit card payment support for its exclusive travel service.

You can read all the details and details here
https://medium.com/@LockChainCo/locktrip-launches-credit-card-payments-support-8c4ce98d495a

I do agree that in the long run because of its very low supply LOC will get value constantly depend on its effectiveness and usage. Like you shouldn't serious losses in short term similarly extraordinary performance shouldn't be as well. I also didn't succeed to buy enough but it as you said room for growth is. I have it on my radar as permanent token to keep watching.

It is never too late in blockchain at least in its early days where we are right now. Those who were waiting for right moment good time for them is coming more faster than I expected. LOC token is going under the correction and entering in consolidation and buying zone once again. It is all about wait and have patience to deal at reasonable prices in crypto.

LockTrip Recap | October 2018
One more month has passed and we have again achieved great progress on many fronts.

https://medium.com/@LockChainCo/monthly-recap-october-2018-5960cb20d64a

For those who are interested in the project, and still did not see the latest announcements from the team.
Here is the newest article, the team has done a lot of useful things last year. I recommend to read.

Looking back at 2018
https://medium.com/locktrip/looking-back-at-2018-8ca780fe29ad

Why did LockTrip choose the UTXO model for their block chain https://medium.com/locktrip/why-we-chose-the-utxo-model-for-our-blockchain-de3a547d63c1

UTXO? I thing I should read this article :)

will fiat be added to the site?

I all!

I post my latest LockTrip Medium italian translation:
"Masterplan Locktrip - Infographic" - https://medium.com/@italianMiner72/masterplan-locktrip-infographic-a5982006aec6

My oldest pubblications:

1) "Riepilogo Mensile | Aprile 2019" - https://medium.com/@italianMiner72/riepilogo-mensile-aprile-2019-b602c063ad9b
————————————————————————
2) "Programmi di fidelizzazione. L' approccio nel combattere i sintomi" - https://medium.com/@italianMiner72/programmi-di-fidelizzazione-lapproccio-nel-combattere-sintomi-775d5baa5a26
————————————————————————
3) "Locktrip sta lanciando il suo marketplace per l' acquisto di biglietti aerei con oltre 1000 compagnie" - https://medium.com/@italianMiner72/locktrip-sta-lanciando-il-suo-marketplace-per-lacquisto-di-biglietti-aerei-con-oltre-1000-518db79d2e05
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4) "Perchè abbiamo scelto il modello utxo per la nostra blockchain" - https://medium.com/@italianMiner72/perch%C3%A9-abbiamo-scelto-il-modello-utxo-per-la-nostra-blockchain-9a2836f1a945
————————————————————————
5) "Scopri il servizio di assistenza clienti e le faq locktrip. Le domande più frequenti" - https://medium.com/@italianMiner72/scopri-il-servizio-di-assistenza-clienti-e-le-faq-locktrip-le-domande-pi%C3%B9-frequenti-e35b5de5b136
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6) "Volgendo lo sguardo al 2018" - https://medium.com/@italianMiner72/volgendo-lo-sguardo-al-2018-4b85842839a7
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7) "Locktrip taglia i prezzi degli hotel a livello mondiale e confermato" - https://medium.com/@italianMiner72/locktrip-taglia-i-prezzi-degli-hotel-a-livello-mondiale-e-confermato-d20ede6639ce

Plz, clap all my articles on medium and follow me on twitter to spread the world about Locktrip Project!
Thakn you all!

Volume isn't bad that 's fact but what is the reason for lack of interest and activity in this thread. It has been more than 7 months and still we are reading comments on the same page. If I remember well there is no increase in number of exchanges talking about from top volume trading platfrom's point of view in all these moths.

moon lambo, when?

Winners of the August #Sharing Event
The second round of the LT Sharing Event has been concluded. A total of 60 tweets have been submitted. All tweets combined gathered a total of 680 likes and were retweeted 436 times, bringing the total engagement count to 1,116.
The most frequently shared article was the one about LockTrip enabling 23% savings in Istanbul...
Learn more: https://medium.com/locktrip/winners-of-the-august-sharing-event-29a7bd77e53e.

Insights into LOC Economy 2.0

"Answers to some questions we received from our community over the past weeks (https://medium.com/locktrip/insights-into-loc-economy-2-0-c31efbc3cecf)."
1. What are the key elements of LOC Economy 2.0?
2. Which exchanges will be used to buy LOC?
3. Will LockTrip recycle LOC that were released from the smart contract?
4. How will LOC be burnt?
5. What happens to the burnt LOC when a booking is cancelled?
6. What happens to the locked up LOC when a booking is cancelled?
7. Will 5% of my payment be used for the purpose of burning?
8. Will the marketplace become more expensive with LOC Economy 2.0?