Bitcoin Forum

Hi Arkenis,

Thank you!! Also, watch our telegram and facebook for news!

Lotus - The future of global travelers

There are already at least two tokens with "LTS" please offer info so everyone can know the difference between this project and all the other clones?

and under your ICO details it says that the cost of 3000 LTK = 1 ETH..... so what is the actual token here?


https://i.imgur.com/OpsmdpV.png

Nice project! Welcome to our website. We are the most informative ICO list, it helps you with funding. Good luck, guys  ;)

Hello, guys. I'm Your Russian translator (wrote to you in Telegram).

How many coins are offered at the preico and the ealry adapters ico? Or is the 36000000 the total amount, which is offered in all icos combined?

Hi AmoreJaz,
Due to our cache system the whitepaper wasnt updated,
LTK was the previous Ticker Lotus had, rebranded to LTS

- Thanks for letting us know we really appreciate it. [fixed]

Your FAQ link on your webpage redirect us to an error page, saying that the page doesn't existed. Do you misconfigure your site or it is because the page is not ready yet?

Hi Holydarkness,
FAQ page should be up soon.

So much had attempted in the tourism industry already.
Haven't heard success but saw their end but still some are surviving.
Hoping that you will achieve success on this endeavor.

Can I book hotel rooms and air tickets anywhere?

Hi hadang,

yes exactly you will only need to have internet access and lotus on your account to book any flight or hotel.

have it any basis for this data? if this data is reached, it will be a great success

So what is your competitive selling point in attempt to penetrate traveling sector that's already have a great competitors with an almost similar apk (although they still only have fiat as their payment method) like Agoda and Trivago? They also offer the same service where you only needed your internet-connected phone to book hotels and flights.

In fact, people might prefer them more than Lotus because of some reason like below:
1. They are better known and familiar than Lotus. A lot of people have use it, and could recommend new people to use them instead of Lotus.
2. They sometimes offered promotions like vouchers and discounts
3. They're in fiat  which means they are more applicable and acceptable by a wider users (at least for now, while crypto is slowly fusing itself with our daily life) than ethereum-based token
4. You're in crypto, which is infamous for its volatility. I believe it will be the least interest of anyone to book a hotel worth 100 USD which at that moment (let's say) equals to 1,000 LTK only to find that the next two days, LTK rises and they can have the room at a mere 500 LTK.
5. And ultimately, their beloved mobile app could literally decide at anytime that it's time for them to apply bitcoin or ether as their newest payment method. This will instantly reduce your bargaining point because (a) as mentioned on point 1, these applications are better known and people will feel more comfortable on using them instead of the relatively new app (b) the usage of btc or eth (or even doge) which has a stronger market position will be considered as a more safe option if they want to try a crypto-payment-holiday than LTK.

Please mind that I'm not trying to corner you here. I only suggested  some points that you might (or might not) missed. Also please mind that I haven't read your WP, so I wouldn't know if those points are already on your control or not. But a lot of new comers and end-users also wouldn't bother reading a lot of pages just to book tickets (hey, we even skipped TnC that's only few paragraphs long) so you might want to make these points clear to your future customers.

I like the idea that this project aims to provide blockchain - based travel related transactions. Where in using Lotus, it will start off with airline or hotel bookings, then eventually expand to include tour packages, cruises, vehicle rentals, and other travel and tour activities. I hope more investors come to this project.

Hello. I'm curious, what are you different from the other project about travels of locks. Will there be any additional features and capabilities on your platform?

Will be style or Decolar.com? Can I book travel only with the project token or with other Coin?

I agree that the proposal sounds tempting here, but what makes many projects unattractive nowadays is the carelessness for details that many projects seem not to care about. So many typos, even on websites. This sheds a very unprofessional light on projects and makes them unattractive for investors that are able to read. I would suggest every project to proof read their documents, many times. Its insane how some projects offer their Whitepaper to investors (not talking about Lotus here). This is just good meant advice, no FUD. Lotus sounds solid to me.

What will be the proposal of this project? Can i see? And what travel agency is this? What country? Can you list all countries that include in your travel agency?

What an interesting project. I think it will be fit for anyone who like to travel a lot.
That will give everyone easy access when they need to travel.

Hi holydarkness, regarding your questions.

1. They are better known and familiar than Lotus. A lot of people have use it, and could recommend new people to use them instead of Lotus.

• Lotus is a new creation and so wouldn't currently be as mainstream as the aforementioned travel agencies.
• Existing travel agencies use legacy and outdated traditional and proprietary booking platforms with varying complexity from one agency to the other,  these old infrastructure setups are costly and complex, not to mention year-on-year increase on operating cost.
• We aim to simplify, modernize and secure these outdated platforms into a simpler and more manageable way by using blockchain technology.

2. They sometimes offered promotions like vouchers and discounts

• We’re different in that side context, as well as vouchers & discounts Lotus will work with an upgrade system which means you will get upgrades for free, Lotus will also have an affiliate rewards system and those two features are considered better than any offer or discount any agency can offer.

3. They're in fiat which means they are more applicable and acceptable by a wider user (at least for now, while crypto is slowly fusing itself with our daily life) than Ethereum-based token

• We aim to operate 'machines' similar to an ‘ATM’ in Airports that transfer FIAT into Lotus and vice-versa allowing for low-fee currency exchange.
• The issue a lot of holiday makers have is that when they're heading home, they have currency left-overs which end up in their drawers at home, or they get it exchanged with a high % fee. We can completely rule this fee out with Lotus machines.
• So, what if you have those left-overs and instead of bringing them home just by using the Lotus machines you can get that money back in your card.

4. You're in crypto, which is infamous for its volatility. I believe it will be the least interest of anyone to book a hotel worth 100 USD which at that moment (let's say) equals to 1,000 LTK only to find that the next two days, LTK rises and they can have the room at a mere 500 LTK.

• Volatility can be controlled just by setting up our token to represent a real-world value (X) that can’t be disclosed for now, but as you said we can't stop volatility with BTC and ETH, but that is the point even when we can’t stop it we can control it and, as bitcoin and any other crypto currency most people hold because of its volatility.

5. And ultimately, their beloved mobile app could literally decide at anytime that it's time for them to apply bitcoin or ether as their newest payment method. This will instantly reduce your bargaining point because (a) as mentioned on point 1, these applications are better known, and people will feel more comfortable on using them instead of the relatively new app (b) the usage of btc or eth (or even doge) which has a stronger market position will be considered as a safer option if they want to try a crypto-payment-holiday than LTK.

Simple, most people nowadays are looking for cheap prices, fast service and easy handling of what they just booked.
We offer 3 things:

• Cheap prices, and fast service (real time)
• Upgrade, Rewards & Offers system
• Have you ever had the problem that you booked with a travel agency and needed a change on your booking, so you need to call the airline and then call the travel agency and then get charged more just by the “booking service”?    

- Now with your Lotus card on your account it's simple! You book your “hotel – flight” and if you need to make any changes it will be much less trouble just to give them a call directly and make the changes instead of waiting for hours or days with extra fees to have it done.

Hi laiwendersky,

All will be revealed in due time! Thanks.

Lotus is a Decentralized travel Agency, what is it has to do in an ICO industry?

i really like the concept, it is very useful. it makes me sure and optimist that this project will be successful

I been reading your whitepaper. Fiat-LTO automated conversoin and teller machines at various airports and partner establishments with withdrawal capability using atm cards. Can you give us various airports and establishment with withdrawal capability? Where can I found this?

A new decentralized travel agency  LOTUS. Has a potential to succeed. I know that case i read your white paper and i was so amazed by the concept.goodluck dev.

By means of this project, the users can top-up and use to pay for services with an ease. Additionally, transactions will be done using the Ethereum Blockchain, which in turn will minimize the corresponding fees that are otherwise charged by third-party payment processors. So, by this capability of Lotus, I'm looking forward to this project to success in the market.

As i've read your white paper, this is the  fastest and most cost effective way to book and travel around the world. Leveraging technology to fast booking. This project is very effective for travelers.

I wish lotus token will be success.
I visit your website & I see the roadmap of lotus token.
Why you will take too much time to add lotus coin on exchanger??

Travellers always look for something that will make their travel more convenient, from booking flights, hotels etc. because it will save them not only time but money as well. Good thing you come up with this very good idea Decentralized Travel Agency and you almost offer everything a traveler needs;

Cheap prices, and fast service (real time)
Upgrade, Rewards & Offers system

and if you have a Lotus card you can even make changes on your hotel booking if you needed to, no waiting for hours and hassle free. Isn't that great? Well, what more can I say? Your company is very competitive and I think this will make you successful.

Hi. is there a bounty program?

What currency or crypto is available for payment when I travel with your company?

quite interesting the project, I am anxious to know how it will be in the future, for now I drew much attention, waiting for new information. luck in the project. :)

I am impressed. Maybe you want to pin those answers/explanation on the first post, so people who wonder about those things can easily find your explanation

Certainly intrigued. Might have a first mover advantage as well as I don't think we have a crypto travel agency.
Looking forward to further developments and all the best!

So I can cancel my hotel bookings without worrying for a higher fee? How about airline booking, if I want to cancel my airline booking due to some circumstances, there is no cancelation fee?

Can I book hotel rooms and air tickets around the world simply through the internet?

I really like this project, especially that I love traveling. I think more people get fond of this Lotus Token too. Being able to make the fastest, most cost effective way to book and travel around the world. Leveraging technology to bring the best prices and fast booking is really convinient to every users and at the same time the travelers.

What you offer for travelers is really a good one but you have a lot of competitors when it come to this kind of business. What are the strategies you have to make your platform stand out and to more competitive than the others?

Hi Rabby637,

Lotus will be in 3 exchanges a month after ICO; August 2018 will be the date for Lotus to be "Listed on new exchange platforms"


Hi takeyourtime,

Regarding your question, yes there will be a bounty program and 3 airdrops as the whitepaper says they will be coming soon.


Hi tania30,

Lotus will also accept other crypto currencies like bitcoin, ethereum, etc.
- At the time of payment it will exchange to the current rate LTO to pay for your booking.


Hi s2sallbygrace,

You can cancel you hotel bookings without worrying for any fee, regarding airlines they have their own cancellation fee which is around $200.


Hi hynext,

We are working on this and all will be revealed in due time! Thanks.


Hi kyanscadiel,

we invite you to read our post on the second page with more information about what will be our strategies to make Lotus stand out.


- Due to the problem with CryptoKitties that is causing ethereum network congestion our Early adopters ANN will be delayed.

Early Adopters Pre-Sale is Online! Welcome to Lotus!

Hello!
Your Russian ANN:
https://bitcointalk.org/index.php?topic=2522254.0

This is awesome  :o. Do you have a plan about exchange lotus token into fiat? I mean when I travel to any country, can I pay a hotel with lotus and withdraw my lotus in that hotel?

hey looking good project to me. I had a question, I couldn't find any instruction of how you'd provide us airdrop coins, Is it gonna be on account on your site or any Erc20 wallet or anything.

interesting idea
unfortunately this project lacks the support of large ads and works with larger projects
I am sure this will be beneficial for the progress of this project

Currently you will be able to do that at airports (Lotus to fiat) and you will also have your lotus card wich you will be able to use in any place that accepts cards.


Hi ganegani91,
We do, but we target main countries were Lotus will start working.



Hi Ehis98,
Please check our Bounty Campaigns, you can also join our telegram group (on top) and check the latest news and updates.

Sounds great! :D
Any further data about the airdrop? ???

Using cryptocurrency in the travel business is something new ... I appreciate with this project .. hopefully it can be applied well and make it easy for those who use it .... i really support this project ... very good work, sir

Really nice project. only book for ticketing? how about hotel? would be great combine the both. support your project. By the way, how if I will purchase only 0.5 ETH would I?

Hi Robert de Crypto Booking,
Lotus, in this case, means hotels and flights, both as you said
- The minimum amount for contributions is 0.2ETH, so you have no issue

Great, I will try to purchase some. hope it will be rollin' as well.

Lotus coin will be use on purchasing tickets, that's awesome. I will support this project because i will be the one who benifited for it if it's become successful. Using cryptocurrency in booking a flight is amazing. Many people will be interested on this kind of platform. Lotus must have an application to book flights so that it is accessible for everyone to use and explore it.

I really liked the design of congratulations.

That's a very thorough review. And straight to the point. Will be interesting to see the reply =)

Hi Julia_KA,

You can find the answers on second page - 2nd post.

Is there any arrangements for airdrop?

Its a great ideal and project

One very fundamental question the DEVs have to answer is how this project intends to be unique/different from countless travel and hotel booking projects that exist all over the world?

Also I searched everywhere and can't find your team. That's very important as we need to know the brains behind the project

I've asked some of the basic question that'll help point out their main goal and their point of differences in comparison to other exchanges, they explained them one by one on this post (https://bitcointalk.org/index.php?topic=2512733.msg25801054#msg25801054)

Hello! I saw your question and would like to help answer it out. ICO will help Lotus Token Inc gather the needed startup funds to finance its objectives. As mentioned on the Telegram group, four of its immediate goals are:

Goal 1: Lotus Wallet for Mobile Devices
Goal 2: Tie-ups with related FinTech companies and business establishments
Goal 3: Fiat-to-Crypto Teller Machines in selected establishments (i.e. Airports, Hotels)
Goal 4: Crypto Card that can be topped up and withdraw from


Airdrop mechanics are yet to be finalized and will be handled right after the ICO. For now you will find a concept plan of how it will be implemented via the whitepaper. What's final is that there will be tokens to be Airdropped.

Please join our Telegram group to learn more about this project > https://www.t.me/lotustokeninc

Also, we've just launched our Tele bot and most of the general questions could be answered there.

We also have a PRIVATE Telegram Bounty in case you haven't joined yet. Check it out.

Cheers!

Hello adotrulez!

The whole travel industry is one huge mix of service providers with varying strategies and as much as we want to be as unique as possible, there is still that chance that we will be doing similar promotional feats as others. True, we might be more advantageous than other travel startups, but there are also those who can swallow us wholly without even thinking about it.

That is the exciting challenge we've prepared to face. Nevertheless, we do not focus our thoughts on that trivial matter.

What Lotus wants to focus on - and is working towards now - is to create a new mix and grow a travel-loving, blockchain-informed community in the process.

Btw let me introduce myself -- I am one of the first few devs (contracted junior smart contract engineer) and was also helping out develop the business model (behind the scenes). I happened to love the project's vision so I am still here to support however I can. You can find my profile at LinkedIn (http://www.linkedin.com/in/stsendonii) and the rest of the team members at our Official Website (https://www.lotus.sh/), but it would be better if you join us over at Lotus Telegram Community (https://www.t.me/lotustokeninc)  since we are most active there.

Do take note that this is a startup project and its future is in the hands of the powers that be (which includes supporters like you).

will have the option to select travel packages? Type pass, lodging and even tours included in the package?

Hello @lilaj4de!

Yes, that's something that we have also envisioned - to provide a way for travelers to customize packages depending on available partner establishments. It relies on the way the establishments get accessed via the Lotus dashboard.

Ideally, smart contracts will be put in place whenever a tour or tour-package is sought. Like existing booking systems, policies will be drafted to protect both the service provider and the consumer (i.e. full or partial refund for canceled reservations). These policies will be hard-coded on the smart contracts and will be the basis of tokens that get transferred between affected parties.

Hi ganegani91,

This has already been answered and there are already ads going around in selected areas we aimed to operate at.

I want to add that we have also organized bounties to help us expand our reach in a more organic manner.

At the same time, these bounties enable participants to own Lotus Tokens without the need to join the crowd sale (although we do need supporters on that token-sale end of the marketing/business plan).

Hopefully, you will participate in our bounties/airdrop campaigns and if you can't contribute to our crowd sales, you would help spread the word and invite others to support this project.

Regards!

Scam. https://www.reddit.com/r/CryptoCurrency/comments/7wmp1f/scam_lotus_ico_lotussh_has_me_listed_as_a_team/

The issue with javor mislav is also being discussed on their telrgram actually. They said that the problem lies with the web developers, and they have addressed an apology, although maybe indirectly, to him. To prove their real team, I think they will soon upload a photo.of the team together.

How will you provide upgrades on book anytime?

Doesn't in conventional hotel and tourism themselves, an upgrade on book is still dependant on the availability of upgrade space?

ASK

why tokensale just buying on forkdelta ? https://forkdelta.github.io/#!/trade/LTO-ETH
im confused with your system/plan .