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Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: Travelertoken on May 03, 2018, 09:28:12 AM



Title: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 03, 2018, 09:28:12 AM

TravelerToken - A blockchain-based data sharing infrastructure and payment system for the travel industry that will help businesses to improve the quality of their services and reduce costs to end consumers.

TLT’s mission is to join the leading travel and tourism companies, universities, and the open-source community in an effort to build up a shared technical and economic infrastructure. This new infrastructure represents a simplified standard that not only minimizes costs to the customer but gives businesses the tools they need to stay with the times.

Key Token Sale information:

Name: TravelerToken
Symbol: TLT
Official Website (https://www.travelertoken.com/)
Whitepaper (https://bucketeer-0db15d94-bc6c-4d48-a12e-f5ac5f2331fd.s3.amazonaws.com/public/travelertoken-website/documents/TLT_Whitepaper_20180329.pdf)

JOIN OUR TELEGRAM GROUP (https://t.me/travelertoken)

Pre-sale starts: Now open!
Pre-sale ends: 20/05/2018
Sale starts: 21/05/2018
Sale ends: When the hardcap is hit!
Hard Cap: 100.000 ETH
Token Exchange Rate: 1 ETH = 5000 TLT
Minimum Contribution: 0.2 ETH
Contribution Channels: ETH
Bounty Program: to be announced

Accepted Nationalities: Every nationality, except United States, Singapore, Socialist Republic of Vietnam, People’s Republic of China or resident of a country where American embargoes and sanctions are in force, namely Iran, North Korea, Syria, Sudan, or Cuba.
Exchanges: Planning to be listed on the largest cryptocurrency exchanges.

The exact number of tokens generated depends on the amount of funds contributed. Upon reaching the hard cap, the token generation event will end immediately. Tokens will be transferable once the token generation event is completed.

Foundation goals

The primary goal is to provide a forum for stakeholders and contributing universities, technical institutes, and open-source developers to pool their efforts with the aim of building blockchain and smart-contract related technology for the travel industry.

Establishing a global standard for the travel industry based on blockchain technology
Providing an application layer that works seamlessly within existing systems such as ERP, CRM, etc...

Reducing the overhead associated with intermediaries and payment settlement
Nurturing a culture of transparency and cooperation among members of the consortium

How TLT is Going to Improve the Travel Industry

The core idea is to create a system which is scalable, borderless, democratic, and trustworthy. Blockchain technology allows TLT to create a federated, distributed network over the internet enabling a host of data sharing applications and enabling smart-contract based services, such as a joint asset registry and information access management. By reducing the number of parties involved in - and ultimately, the complexity of - online booking and worldwide payments, travel becomes easier and less expensive.

The TLT system will be operated by a consortium of airlines, hoteliers, transportation providers and other related businesses. Each member of the consortium can continue to use their preferred data storage strategy - TLT’s new peer-to-peer protocols simply connects their locally stored data into a single virtual directory, making it searchable and downloadable according to permissions.

Data integrity is ensured by the use of a modular blockchain architecture. The consortium will be governed by an open foundation, whose aim is to the further develop, maintain, and improve the infrastructure.


Token distribution and funding


Token Distribution
67 % Free Market
20 % Token Reserve
10 % Team, Advisors, Early Supporters
3% Bounty Program

Token Funding
35 % Research & Development
25 % Sales & Marketing
20 % Partner Acquisition
10% ETH Reserve
10 % Admin, Operations, Founding, Legal

Early Bird Discounts

                                                                                               

Pre-Sale: 23/04/2018 - 20/05/2018
30 % (Above 50 ETH)
20 % (1-50 ETH)
15 % (Below 1 ETH)

Public Sale: 21/05/2018
20 % (Above 50 ETH)
15 % (Below 1 ETH)
7.5 % (1-50 ETH)

Week 2+:
0 %

The Roadmap


Team

Thorben Biesenbach (https://www.linkedin.com/in/thorbenbiesenbach/) - CEO
Nizar Qaabar (https://www.linkedin.com/in/nizar-qaabar-10695368/)- CTO
Gunnar Maier (https://www.linkedin.com/in/gunnar-maier-b6b253b1/) - CSO
Kathrin Funke (https://www.linkedin.com/in/kathrin-funke-b2517b6/) - CBDO

Advisors

Franz Wollang (https://www.linkedin.com/in/franzwollang/) - Managing Director at AllBlock
Prashan Nagendra (https://www.linkedin.com/in/prashan-nagendra-85241228/) - CEO EFutures Private Limited
Sven Schikarsky (https://www.linkedin.com/in/sven-schikarsky-89389b14b/) - Managing Director FTI Touristik

TLT’s Social Media channels

Facebook (https://www.facebook.com/TravelerToken-2077753275791816/)
Twitter (https://twitter.com/travelertoken/)
Telegram (https://t.me/travelertoken)
Instagram (https://www.instagram.com/travelertoken/)
Reddit (https://www.reddit.com/user/Travelertoken/)
Medium (https://medium.com/@travelertoken)



Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: ezzapakistan on May 03, 2018, 09:36:57 AM
Wow, this sounds like a really interesting project! If you don't mind, could you tell me what are the qualities that make TravelerToken unique from other altcoins/ICOs that are currently in the market?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 03, 2018, 09:39:41 AM
Wow, this sounds like a really interesting project! If you don't mind, could you tell me what are the qualities that make TravelerToken unique from other altcoins/ICOs that are currently in the market?

Hi there! Thank you for the insightful question! To answer your question - firstly, TravelerToken (TLT) is a blockchain-based data sharing infrastructure and payment system for the travel industry that will help businesses to improve the quality of their services and reduce costs to end consumers.

Secondly, TLT is also a shared technical and economic infrastructure that will form the basis of a new standard for business practices as monetary systems evolve away from fiat.

And thirdly, The TLT system consists of a set of interlocking P2P protocols that will allow members to keep their data wherever they like, choose fine-grained access privileges, and yet query the entire network like a traditional relational database. The TravelerToken is also backed by real commerce, has a stabilizing built-in reserve and exchange mechanism, incentivizes demand by rewarding spending with automatic 'cashback' rewards. For more information, feel free to check out our whitepaper and one-pager!


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: peterexpert on May 03, 2018, 10:12:51 AM
This looks like an amazing project! I’m excited
I got a question: Do I need to register for the Token Sale?

Please keep us posted on any developments! :)


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 03, 2018, 10:14:13 AM
This looks like an amazing project! I’m excited
I got a question: Do I need to register for the Token Sale?

Please keep us posted on any developments! :)


Thank you for the support, Peter! Yes. You can register your TravelerToken account on the official website here - https://www.travelertoken.com
Stay put, we’re always updating with new info!


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: theKryptoGuy on May 03, 2018, 10:46:34 AM
Keep up the good work, guys! Looks awesome!  ;)
Is there any soft cap? What’s the minimum contribution?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 03, 2018, 10:47:36 AM
Keep up the good work, guys! Looks awesome!  ;)
Is there any soft cap? What’s the minimum contribution?


Hello, theKryptoGuy! Thanks for your questions and positive attitude! :)
To answer your questions: No, there is no soft cap and the minimum contribution you can make is 0.2 ETH.

Hope this helps!


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 03, 2018, 11:20:50 AM
Congratulations!
I’d like to ask some technical questions to someone from the team. Is there any support contact I can reach someone?


Hi, Cryptodude17. Thank you for the question!
Yes, of course! You can reach the team via support@travelertoken.com


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Mrs Troll on May 03, 2018, 11:30:26 AM
Looks like topic for Announcements board. I have only 2 questions: can you tell 2-3 reasons why will token price rise instead of dump hard right after ICO? Do you have mvp or partnerships with industry influencers and why you need 100 000 ETH???


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: cryptocurrency1 on May 03, 2018, 01:46:13 PM
Hello!
When will the Bounty Program go live? Soon?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 03, 2018, 01:53:35 PM
Looks like topic for Announcements board. I have only 2 questions: can you tell 2-3 reasons why will token price rise instead of dump hard right after ICO? Do you have mvp or partnerships with industry influencers and why you need 100 000 ETH???

Hi there! Thank you for the insightful questions! The initial ERC20 token has a fixed supply and it is likely to see increasing demand as we onboard more commercial partners. Users will already be able to pay with the token anywhere using the debit card. Furthermore, 20% of the token supply is set aside for the long-term maintenance of the foundation and will not be touched for a long while. Moreover, participants in the closed sale who have made particularly large contributions are subject to a lockup period, thus they will not be able to just "dump" the coin right after the ICO.

As for your last question: The TLT system is a so-called 'protocol layer'. It comprises a collection of fast peer-to-peer protocols that provide a rich framework for arbitrary applications; the Standard Asset Registry and the TravelerToken itself are two applications we've already defined, but provisions for general distributed computation to user specification are included. As a network run by a consortium of businesses, who are all known entities, the expensive high-security consensus mechanism that public blockchain platforms use can be substituted for an extremely efficient consortium consensus algorithm similar to those used in large-scale data centers; it is highly modular and the incorporates the newest understanding of state dependencies, ownership, and validity conditions to improve latency and through-put to near optimal levels. Furthermore, given such a pool of relatively trusted peers, a cutting edge technique for distributed database searching can be implemented without concern for excessive security measures. This technique bypasses the traditional dichotomy of using a single central search structure or inefficiently replicating the search structure to every peer (as done in all current blockchain platforms). It does this by allowing semantic information to be encoded into the connectivity of the peers themselves, letting the same greedy algorithms that perform communications routing between peers also directly resolve requests for items organized by semantic features. The advanced database queries this enables are unheard of for a fully distributed system, and it allows for the businesses to set extremely fine-grained access/search permissions for all of their data (wherever they choose to store it). These few examples underscore the fact that the TLT system is not just an attempt to rip off other successful projects, but has been engineered from the ground up to provide the modern infrastructure real businesses need, right now, to enable innovation, cut costs, and provide their customers with the best and most customizable service possible. Therefore, our budget of 100,000 ETH is justified.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 03, 2018, 02:17:50 PM
Hello!
When will the Bounty Program go live? Soon?

Hello cryptocurrrency1,

The bounty program is still in the works! Starting from Monday, it will be out anytime soon.
But eyes on the prize! Stay put.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Danielpeters on May 03, 2018, 05:38:49 PM
What’s the goal? I don’t get it...


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 03, 2018, 05:40:33 PM
What’s the goal? I don’t get it...

Hey Danielpeters.
TravelerTokens’s mission is to join the leading travel and tourism companies, universities, and the open-source community in an effort to build up a shared technical and economic infrastructure. This new infrastructure represents a simplified standard that not only minimizes costs to the customer but gives businesses the tools they need to stay with the times.

If you want to look deeper and read through the lines, you can access the whitepaper here: https://bucketeer-0db15d94-bc6c-4d48-a12e-f5ac5f2331fd.s3.amazonaws.com/public/travelertoken-website/documents/TLT_Whitepaper_20180329.pdf

Hope it helps!


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Cryptoticker on May 03, 2018, 05:49:33 PM
How will the tokens be generated and distributed? TLT sounds promising


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 03, 2018, 05:51:00 PM
How will the tokens be generated and distributed? TLT sounds promising

Hey Cryptoticker.  Thanks for your comment! :)
The exact number of tokens generated will vary and depend on the amount of funds contributed. Upon reaching the hard cap, the token generation event will end immediately. Then, they will be transferable once the token generation event is completed, following this distribution: 67% free market, 20% Token reserve, 10% Team, Advisors, Early supporters, 3% Bounty Program.

Feel free to ask any questions, any time!


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: ezzapakistan on May 04, 2018, 02:16:33 AM
Thank you for the prompt reply! Is there an estimate of when the TLT system be fully functional?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 04, 2018, 02:18:33 AM
Thank you for the prompt reply! Is there an estimate of when the TLT system be fully functional?


No worries! We're glad to help! The current estimate for the full launch of the TLT system is in the last quarter of 2019.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Twinkledoe on May 04, 2018, 02:21:35 AM
Thank you for the prompt reply! Is there an estimate of when the TLT system be fully functional?


No worries! We're glad to help! The current estimate for the full launch of the TLT system is in the last quarter of 2019.


That's very long already. For crypto time, that's already decades. There are similar projects that might deliver fast than yours. Remember there are so much tokens/altcoins that are already focusing in tourism industry or for travelers.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: peterexpert on May 04, 2018, 04:13:32 AM
Great! Who’s in charge? Any valid background on who’s developing this project?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 04, 2018, 04:14:38 AM
Great! Who’s in charge? Any valid background on who’s developing this project?


Hello Peter,

Thorben Biesenbach (https://www.linkedin.com/in/thorbenbiesenbach) is the CEO of TravelerToken, alongside a very reputable team and highly-qualified advisors.

You can check the core TLT team in full here: https://www.travelertoken.com/#team-advisors1
 


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Danielpeters on May 04, 2018, 06:29:11 AM
Interesting project! May I know when will the tokens be transferred? Will it be during or after the main token sale?

Thanks!


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 04, 2018, 06:30:55 AM
Interesting project! May I know when will the tokens be transferred? Will it be during or after the main token sale?

Thanks!

Hey Daniel!

Tokens will be transferable once the token generation event is completed!

Feel free to join our Telegram group for live updates! - https://t.me/travelertoken



Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 04, 2018, 08:10:24 AM
Thank you for the prompt reply! Is there an estimate of when the TLT system be fully functional?


No worries! We're glad to help! The current estimate for the full launch of the TLT system is in the last quarter of 2019.


That's very long already. For crypto time, that's already decades. There are similar projects that might deliver fast than yours. Remember there are so much tokens/altcoins that are already focusing in tourism industry or for travelers.

Thanks for pointing that out. We understand that 2019 might seem rather late for us to release our system, but TLT is truly a next-gen distributed system with some unprecedented features, unlike even super hyped projects such as TON. Development will rightly take that amount of time, and we want to ensure that we are releasing a product that is flawless and lives up to our promise.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: theKryptoGuy on May 04, 2018, 08:14:14 AM
Thanks for the answer. Is there any country limitations for investment? I live in Singapore.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 04, 2018, 08:21:17 AM
Thanks for the answer. Is there any country limitations for investment? I live in Singapore.

Hello theKryptoGuy,

Unfortunately Singapore is part of the restricted countries. Investment is valid for every Nationality, except the US, Singapore, Vietnam, China or any resident of a country where American embargoes and sanctions are in force, in particular Iran, North Korea, Syria, Sudan, or Cuba.

However, feel free to keep an eye on the project. Any support and feedback are highly appreciated!


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 04, 2018, 09:41:09 AM
Is there a KYC process, and if yes, are there specific requirements for participation in the KYC process?

Yes, there is. We do not accept participation from Restricted Persons and reserve the right to refuse or cancel TLT token generation event participation requests at any time, with sole discretion, when the information provided by the potential participant within the KYC procedure is not sufficient, inaccurate or misleading, or the potential participant is deemed to be a Restricted Person. The list of restricted countries are as follows:

United States, Singapore, Socialist Republic of Vietnam, People’s Republic of China or resident of a country where American embargoes and sanctions are in force, namely Iran, North Korea, Syria, Sudan, or Cuba.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Behiri on May 04, 2018, 10:07:26 AM
Aside from a trading platform it is great to know TravelerToken offers a merchandising area. The tokens will be valuable for the merchandiser and buyers. A great way to spend and earn.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: notabene on May 04, 2018, 12:50:46 PM
Hey guys, interesting project. So what exactly can you do with the TravelerToken?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: CriptoDerby on May 04, 2018, 12:56:05 PM
Wow pretty sure this project will moon well.  :P At which stage are you right now? Do you have a beta version of the product yet?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Maya56674 on May 04, 2018, 04:11:00 PM
I have participated in this project, I advise everyone to join because I find this project has good team and good mentor will help the project achieve the goals that the project put forward.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: henjhou on May 04, 2018, 04:20:36 PM
This is good project because have good information token sale,good concept,fundation goal and nd a team that has an innovative idea to make a successful project.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: kimochih on May 04, 2018, 04:32:35 PM
in my opinion this project is very interesting.
success for this project


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: rodrigalb on May 04, 2018, 08:18:17 PM
Who’s in charge? Any valid background on who’s developing this project?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 04, 2018, 08:20:50 PM
Who’s in charge? Any valid background on who’s developing this project?

Hello rodrigalb,

Thorben Biesenbach (https://www.linkedin.com/in/thorbenbiesenbach) is the CEO of TravelerToken, alongside a very reputable team and highly-qualified advisors.

You can check the core TLT team a in full here: https://www.travelertoken.com/#team-advisors1


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: ezzapakistan on May 05, 2018, 05:44:13 AM
Thanks...I'm really curious about this project, and I have a question for the tech team: Why do you choose to use your own blockchain?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 05, 2018, 05:45:05 AM
Thanks...I'm really curious about this project, and I have a question for the tech team: Why do you choose to use your own blockchain?

Thank you for the question! Public blockchain platforms suffer from serious scaling and performance issues. To enable highly scalable, low latency, and cost-effective fully decentralized systems and to eliminate the need for semi-centralized approaches, significant future advances will need to be made in blockchain technology. Projects such as TrueBit, the Lightning/Raiden networks, IPFS and Filecoin, Mysterium, and IOTA are steps in that direction. But these are merely the precursors.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Cryptoticker on May 05, 2018, 10:27:49 AM
Hey! May I know at which stage are you right now? Like, do you have a beta version of the product yet?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 05, 2018, 10:29:20 AM
Hey! May I know at which stage are you right now? Like, do you have a beta version of the product yet?

Hey there! Currently, we already have an ERC20 token and the debit card up and running. The native TLT system is still in primary research and testing stage. The 'beta' phase - which is the public release of the testnet and Dapp framework - will happen in 2019 Q3.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: stevensteel on May 05, 2018, 03:31:25 PM
Interesting concept! But how will you compete with the likes of Booking.com, Expedia, and co., who already have well-established customer databases supporting them?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 05, 2018, 03:33:24 PM
Interesting concept! But how will you compete with the likes of Booking.com, Expedia, and co., who already have well-established customer databases supporting them?

Well, we find that there is no need to compete. While the TravelerToken system will act to reduce the number of intermediaries by creating a common infrastructure that can be leveraged, there will always be a need for companies that spend time and effort on pulling customers in, providing them with a nice experience, and offering support services. That will always add a bit of cost in the middle between the supplier and the consumer. The difference will be that instead of multiple intermediaries adding very little value to the end product, there will be at most one or perhaps more where actual value can be added. And that's where we come into the picture!  ;)


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: rodrigalb on May 05, 2018, 08:41:40 PM
I have to say that I love the idea, but I have an important question. How will you make a profit?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 05, 2018, 08:46:41 PM
I have to say that I love the idea, but I have an important question. How will you make a profit?

Hi Rodrigalb. Thank you for the support!

The TLT foundation will be a non-profit entity governed democratically by its member businesses and token stakeholders. It will fund operations through a combination of the endowment of TLT reserved for this purpose and modest fees from members of the consortium. :)


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: rodrigalb on May 05, 2018, 08:52:36 PM
I have to say that I love the idea, but I have an important question. How will you make a profit?

Hi Rodrigalb. Thank you for the support!

The TLT foundation will be a non-profit entity governed democratically by its member businesses and token stakeholders. It will fund operations through a combination of the endowment of TLT reserved for this purpose and modest fees from members of the consortium. :)

Thanks for the quick reply!

I'd also like to know if you have scouted any competitors and, if so, what is your competitive advantage?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 05, 2018, 08:55:48 PM
I have to say that I love the idea, but I have an important question. How will you make a profit?

Hi Rodrigalb. Thank you for the support!

The TLT foundation will be a non-profit entity governed democratically by its member businesses and token stakeholders. It will fund operations through a combination of the endowment of TLT reserved for this purpose and modest fees from members of the consortium. :)

Thanks for the quick reply!

I'd also like to know if you have scouted any competitors and, if so, what is your competitive advantage?

Our pleasure to help!

Indeed, there are a few competitors - check these when you have time just to have a better idea about the environment: CryptoCribs, Winding Tree, TravelCoin, Smart trip, Lockchain ICO, Loyyal (partially - loyalty platform also covering traveling). They are different from TLT in that they are single businesses or platforms; they are not a consortium aiming to work with existing industry leaders, they all rely on public blockchain platforms that suffer from scaling issues, and they are practically limited to niche use-cases.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Danielpeters on May 06, 2018, 01:10:12 AM
Cool! What competitors have you identified that might be present in TLT's industry?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 06, 2018, 01:11:12 AM
Cool! What competitors have you identified that might be present in TLT's industry?

Great question! There are a few competitors - check these when you have time just to have a better idea about the environment: CryptoCribs, Winding Tree, TravelCoin, Smart trip, Lockchain ICO, Loyyal (partially - loyalty platform also covering traveling). They are different from TLT in that they are single businesses or platforms; they are not a consortium aiming to work with existing industry leaders, they all rely on public blockchain platforms that suffer from scaling issues, and they are practically limited to niche use-cases.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: cryptocurrency1 on May 06, 2018, 03:33:49 AM
Quick question: Can I use Jaxx wallet to transfer my TLT tokens?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 06, 2018, 03:35:36 AM
Quick question: Can I use Jaxx wallet to transfer my TLT tokens?

Thanks for the question! The Jaxx wallet supports the ERC20 standard, so you will not lose your TLT if you contribute using such an address. However, Jaxx is selective about what tokens they fully integrate and opaque in their decision-making process; we are pursuing their cooperation. But don't worry - in the event Jaxx does not fully integrate the TLT, you can always make use of the ability to export/import your private keys.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Cryptomaster1 on May 06, 2018, 04:07:41 AM
May I know what standard do the tokens use? Correct me if I'm wrong, but does TLT use the ERC20 standard?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 06, 2018, 04:08:27 AM
May I know what standard do the tokens use? Correct me if I'm wrong, but does TLT use the ERC20 standard?

That is correct! The initial tokens disbursed during the token sale will be ERC20 standard tokens on the Ethereum platform. When the overall TLT system is operational, the ERC20 tokens will be exchanged on a one-for-one basis with the native TLT token; this native token will likely follow any prevailing Ethereum standards to improve interoperability between the networks.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: JungleOnion on May 06, 2018, 04:10:25 AM
what's making this token unique? I was just reading another travel token called travelblock and they will remove cancellation fees and no hidden pumping bots from the price that you end up being exposed to so overall those two issues are very pronounced in the travel industry. Are you guys going to do the same or better?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: theKryptoGuy on May 06, 2018, 09:20:15 AM
Hi...thanks for the project! May I know how many people is the whitelist limited to?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 06, 2018, 09:25:10 AM
Hi...thanks for the project! May I know how many people is the whitelist limited to?

Thanks for the question! There are no limitations on the number of pre-sale participants. The only restriction is that the standard KYC/AML requirements be met.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 06, 2018, 09:48:21 AM
what's making this token unique? I was just reading another travel token called travelblock and they will remove cancellation fees and no hidden pumping bots from the price that you end up being exposed to so overall those two issues are very pronounced in the travel industry. Are you guys going to do the same or better?

Hi JungleOnion! Thank you for the question! And yes, those two features that you mentioned are merely a few out of many features that we offer our users. Besides being a blockchain-based data sharing infrastructure and payment system for the travel industry, TravelerToken (TLT) provides a shared technical and economic infrastructure that will form the basis of a new standard for business practices as monetary systems evolve away from fiat. To do that, the TLT system consists of a set of interlocking P2P protocols that will allow members to keep their data wherever they like, choose fine-grained access privileges, and yet query the entire network like a traditional relational database. Moreover, the TravelerToken is backed by real commerce, has a stabilizing built-in reserve and exchange mechanism and incentivizes demand by rewarding spending with automatic 'cashback' rewards. As a result, travelers can pay for all their travel needs and even have a convenient option for any sort of payment in local currencies without the hassles of Forex.

Hope that answers your question! For more information, feel free to check out our whitepaper (https://bucketeer-0db15d94-bc6c-4d48-a12e-f5ac5f2331fd.s3.amazonaws.com/public/travelertoken-website/documents/TLT_Whitepaper_20180329.pdf) or our one-pager (https://www.bct.io/wp-content/uploads/2018/01/BCT.1pager.english.4.16_8.5x11.pdf).


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: ezzapakistan on May 06, 2018, 01:25:10 PM
May I know how many tokens will be generated in the ICO?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 06, 2018, 01:25:58 PM
May I know how many tokens will be generated in the ICO?

The exact number of tokens generated depends on the amount of funds contributed. Upon reaching the hard cap, the token generation event will end immediately. Tokens will be transferable once the token generation event is completed.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: peterexpert on May 06, 2018, 03:39:38 PM
May I know how will the funds raised in the ICO be allocated?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 06, 2018, 03:40:34 PM
May I know how will the funds raised in the ICO be allocated?

Hi there! The allocation of funds is as follows:

35% Research & Development, 25% Sales & Marketing, 20% Partner Acquisition, 10% ETH Reserve, 10% Admin, Operations, Founding, Legal.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: peterexpert on May 06, 2018, 03:45:31 PM
May I know how will the funds raised in the ICO be allocated?

Hi there! The allocation of funds is as follows:

35% Research & Development, 25% Sales & Marketing, 20% Partner Acquisition, 10% ETH Reserve, 10% Admin, Operations, Founding, Legal.

Thanks for the info!


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: maaldaz on May 06, 2018, 04:09:34 PM
There are many project similar as this one, a project for travel services.
Most of them are good, and helping many people who travels.
If this project wish to compete them, it should give something that the old project doesn't have, to win the costumer.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 06, 2018, 09:17:15 PM
There are many project similar as this one, a project for travel services.
Most of them are good, and helping many people who travels.
If this project wish to compete them, it should give something that the old project doesn't have, to win the costumer.

Hi Maaldaz. You are very correct, many projects are using Blockchain in an attempt to ease traveling for people. There are a few other projects - check these when you have time just to have a better idea about the environment: CryptoCribs, Winding Tree, TravelCoin, Smart trip, Lockchain ICO, Loyyal (partially - loyalty platform also covering traveling). They are different from TLT in that they are single businesses or platforms; they are not a consortium aiming to work with existing industry leaders, they all rely on public blockchain platforms that suffer from scaling issues, and they are practically limited to niche use-cases.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: rodrigalb on May 06, 2018, 09:23:59 PM
How will the hosts/accommodation owners be paid?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 06, 2018, 09:24:56 PM
How will the hosts/accommodation owners be paid?

Hi there! Accommodation owners can choose if they want to be paid out in Crypto or Fiat, but they will get extra benefits if they choose to be paid in TravelerToken. The same applies to the customers.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Danielpeters on May 07, 2018, 02:34:46 AM
Will there be an airdrop of any kind for the TravelerToken ICO?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 07, 2018, 02:35:34 AM
Will there be an airdrop of any kind for the TravelerToken ICO?

Hi Daniel! Promo tokens -- providing a discount on the sale price -- will be airdropped before the start of the open public portion of the sale. Any TLT left unredeemed from the amount allocated to the Bounty Program will be airdropped after the completion of the token sale.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 07, 2018, 05:01:43 AM
By the way, why do you call it a 'token sale' and not an ICO? What the difference between ITO and ICO?

Great question! Following in the historical use of the word token, the TLT directly represents a promise of goods or services from member businesses. Unlike a coin, whose value is backed by the scarcity-driven price of precious metals, or a fiat note, whose value is backed by the promise of a government, the TravelerToken is backed directly by real commerce.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Cryptomaster1 on May 07, 2018, 09:01:29 AM
I've been wondering...will the token rise in value? Is there any functionality for this?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 07, 2018, 09:02:04 AM
I've been wondering...will the token rise in value? Is there any functionality for this?

The initial ERC20 token will have a fixed supply. The TLT debit card and early corporate backers accepting the token will drive commercial demand. Demand is likely to increase dramatically as more businesses are onboarded into the consortium.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: notabene on May 07, 2018, 09:34:30 AM
So what exactly can I do with the Traveler Token?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: kipoel on May 07, 2018, 09:41:51 AM
There are many project similar as this one, a project for travel services.
Most of them are good, and helping many people who travels.
If this project wish to compete them, it should give something that the old project doesn't have, to win the costumer.

Hi Maaldaz. You are very correct, many projects are using Blockchain in an attempt to ease traveling for people. There are a few other projects - check these when you have time just to have a better idea about the environment: CryptoCribs, Winding Tree, TravelCoin, Smart trip, Lockchain ICO, Loyyal (partially - loyalty platform also covering traveling). They are different from TLT in that they are single businesses or platforms; they are not a consortium aiming to work with existing industry leaders, they all rely on public blockchain platforms that suffer from scaling issues, and they are practically limited to niche use-cases.

I like this information here, as far as I know that some travel project working on their own way they just making cooperation with some hotels, travel agent, but here it working together with a bigger and wider range of partners.
That should be better from the existing project.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 07, 2018, 09:52:57 AM
So what exactly can I do with the Traveler Token?

Hi notabene!

There are many ways in which the TravelerToken can be used on TravelXite's platform:

1. In exchange for a duration of premium membership, granting access to member perks on listings from participating agencies, immunity from deposit requirements, loyalty/cashback tokens, and entry into lotteries for member events.
2. In exchange for the cost of a booking, in whole, which further confers for that booking immunity from deposit requirements and gives loyalty/cashback tokens.
3. In exchange for access to TravelXite’s SaaS and value-added services.
4. There will be a Debit Card that enables the holder to pay with the TravelerToken in the local currency and to withdraw money worldwide.

Hope it can help!


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Cryptoticker on May 07, 2018, 09:55:59 AM
Hi there! I would like to write about TravelerToken on our website (https://cryptoticker.io/), but I need some information from you. How are you going to make it possible to exchange TLT tokens into local currencies anywhere in the world using the TLT debit card? Which programmes will be able to do that?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 07, 2018, 10:00:25 AM
Hi there! I would like to write about TravelerToken on our website (https://cryptoticker.io/), but I need some information from you. How are you going to make it possible to exchange TLT tokens into local currencies anywhere in the world using the TLT debit card? Which programmes will be able to do that?

Hi there! Firstly, thank you for showing interest in our project! Your support is always appreciated! To answer your question, we would do that via our partnership with Wirecard bank. Furthermore, existing ATM and payment network solutions already allow for withdrawal in local currencies, so that wouldn't be a problem! ;)


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: CriptoDerby on May 07, 2018, 10:08:00 AM
At which stage are you right now? Is out there a beta version?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: notabene on May 07, 2018, 10:12:58 AM
So what exactly can I do with the Traveler Token?

Hi notabene!

There are many ways in which the TravelerToken can be used on TravelXite's platform:

1. In exchange for a duration of premium membership, granting access to member perks on listings from participating agencies, immunity from deposit requirements, loyalty/cashback tokens, and entry into lotteries for member events.
2. In exchange for the cost of a booking, in whole, which further confers for that booking immunity from deposit requirements and gives loyalty/cashback tokens.
3. In exchange for access to TravelXite’s SaaS and value-added services.
4. There will be a Debit Card that enables the holder to pay with the TravelerToken in the local currency and to withdraw money worldwide.

Hope it can help!

Yes it did! Thank you for the explanation. I really appreciated that!
Keep it up the good job  :D


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: andriw on May 07, 2018, 10:17:30 AM
Some platforms or applications about traveling e.g. hotel reservations, transportation tickets, etc, do not make it as one unified service, thus affecting the cost of travel itself. This project is great enough, considering the goal of the project is to change that and cut unnecessary costs.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 07, 2018, 10:19:23 AM
At which stage are you right now? Is out there a beta version?

Hello, currently there is an ERC20 token and the debit card. The native TLT system is in primary research and testing. The beta version would be the public release of the testnet and Dapp framework in 2019 Q3.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 07, 2018, 02:07:44 PM
Some platforms or applications about traveling e.g. hotel reservations, transportation tickets, etc, do not make it as one unified service, thus affecting the cost of travel itself. This project is great enough, considering the goal of the project is to change that and cut unnecessary costs.

Yup! This is why we are creating a consortium of services, which makes everything much more accessible for travelers. Thank you for your support!


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: peterexpert on May 07, 2018, 03:02:58 PM
I'm curious...why do you prefer Bancor over Bitcoin or Ethereum?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 07, 2018, 03:03:50 PM
I'm curious...why do you prefer Bancor over Bitcoin or Ethereum?

Thanks for the question! The Bancor protocol is not a blockchain platform like Bitcoin or Ethereum. It is a mechanism to enable so-called "smart-tokens"; the idea is to endow token contracts with a reserve pool of another token or compatible currency and thus enable continuous, asynchrous exchange through the token contract itself. This continuous liquidity and asynchronous price-discovery has a number of benefits outlined in the Bancor whitepaper. We will not implement the Bancor protocol directly, but rather a modified version of it adapted to the specific needs of the TLT system.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: theKryptoGuy on May 08, 2018, 06:29:13 AM
Will you offer a wallet on your platform or do I have to create one before I can buy tokens?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 08, 2018, 06:29:50 AM
Will you offer a wallet on your platform or do I have to create one before I can buy tokens?

Members of the consortium will be responsible for meeting KYC requirements and giving authorization for TLT wallets on the native system. We expect this will not be particularly restrictive and that it will be very much like the standard sign-up procedure for a user account on a website; however, you will only have to do this once! You will be able to select what information you want the member businesses that you patronize to share with each other, choosing the desired balance between convenience and privacy.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Cryptotickerr on May 08, 2018, 09:28:27 AM
I want to write about TravelerToken on my blog, but I need more info - What is your expected revenue in the next couple of years?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 08, 2018, 09:29:09 AM
The TLT foundation will be a non-profit entity. If you mean the combined revenue of consortium members, we hope to bring in large partners over the next three quarters that will exceed 100million in their combined revenue.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: ezzapakistan on May 08, 2018, 10:57:33 AM
Travelcoins has an option to cancel bookings free of charge as they can be sold to another customer. Will such an option be available for TravelerToken? Or is there going to be a cancellation insurance, for instance?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 08, 2018, 10:58:34 AM
Travelcoins has an option to cancel bookings free of charge as they can be sold to another customer. Will such an option be available for TravelerToken? Or is there going to be a cancellation insurance, for instance?

Great question! TravelerToken is not directly a service platform. Members of the consortium who operate such customer-facing platforms will decide whether they offer guarantees like that. However, one of the aims behind establishing a common technical infrastructure is to enable businesses to easily make such offers and to enable customized and cheaper insurance packages.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: stevensteel on May 08, 2018, 02:33:05 PM
In terms of innovation, what sets TravelerToken apart from other blockchain travel businesses, like TravelCoin, for example?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 08, 2018, 02:33:49 PM
In terms of innovation, what sets TravelerToken apart from other blockchain travel businesses, like TravelCoin, for example?

TravelerToken is not merely an existing business concept that has been "put on the blockchain" and repackaged, as is the current trend. The distributed architecture and economic design are intrinsic to the model. TravelerToken is not a singular business itself, but an infrastructure to unite a consortium of businesses.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 09, 2018, 08:32:51 AM
Why is the TravelerToken (initially) based on Ethereum?

Ethereum provides the most mature infrastructure and tools for building complex Dapps and has a strong community of developers working to continually improve the ecosystem. The TravelerToken will not always run on top of Ethereum; it will transition to a stand-alone permissioned network. However, we will always strive to maintain interoperability with Ethereum, and other new decentralised application platforms that come along (i.e. EOS, DFinity), in order to leverage their communities and the applications built for them.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Cryptomaster1 on May 09, 2018, 10:39:38 AM
How is the TravelerToken structured legally?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 09, 2018, 10:41:24 AM
How is the TravelerToken structured legally?

It is a permissioned network controlled by the consortium foundation. All consortium members will be legally bound by the foundation and users will have to submit KYC information.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: theKryptoGuy on May 09, 2018, 01:34:03 PM
There is so much included in the project. How have you come around to such ideas about structure, foundation, and so on?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 09, 2018, 01:35:30 PM
There is so much included in the project. How have you come around to such ideas about structure, foundation, and so on?

We are long-time followers of the complementary and crypto-currency movements, and dedicated adherents to the ethos of decentralization. All the pieces that went into crafting the TLT concept came from hundreds of hours of research and involvement in the respective communities.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: stevensteel on May 09, 2018, 03:06:37 PM
I have a very important question for the tech team: On the white paper, Page 43 reads that similar token systems can arise and that TravelerToken is therefore not unique. This contradicts the claim that the project is unique. What do you have to say about that?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 09, 2018, 03:07:55 PM
I have a very important question for the tech team: On the white paper, Page 43 reads that similar token systems can arise and that TravelerToken is therefore not unique. This contradicts the claim that the project is unique. What do you have to say about that?


In terms of technology, they could arise later if they used the open-source code that we develop and that the TLT foundation will eventually release. In terms of economics, they could copy the model that we are proving and apply it to other groups of businesses with aligned concerns and interests, and that would be a very good thing.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: cryptocurrency1 on May 10, 2018, 04:42:59 AM
How will accommodation owners be paid out?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 10, 2018, 04:43:33 AM
How will accommodation owners be paid out?

Accommodation owners can choose if they want to be paid out in Crypto or Fiat, but they will get extra benefits if they choose to be paid in TravelerToken. The same applies to the customers.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 10, 2018, 10:14:59 AM
What competitors have you identified that might be present in TLT's industry?

There are a few - check these when you have time just to have a better idea about the environment: CryptoCribs, Winding Tree, TravelCoin, Smart trip, Lockchain ICO, Loyyal (partially - loyalty platform also covering traveling). They are different from TLT in that they are single businesses or platforms; they are not a consortium aiming to work with existing industry leaders, they all rely on public blockchain platforms that suffer from scaling issues, and they are practically limited to niche use-cases.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: peterexpert on May 10, 2018, 11:37:52 AM
How will the tokens be distributed?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 10, 2018, 11:42:11 AM
How will the tokens be distributed?

The token will be distributed as follow: 67% free market, 20% Token reserve, 10% Team, Advisors, Early supporters, 3% Bounty Program.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Danielpeters on May 10, 2018, 01:31:17 PM
How will the tokens be distributed?

The token will be distributed as follow: 67% free market, 20% Token reserve, 10% Team, Advisors, Early supporters, 3% Bounty Program.

What about the collected funds? How will they be allocated?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 10, 2018, 01:32:05 PM
How will the tokens be distributed?

The token will be distributed as follow: 67% free market, 20% Token reserve, 10% Team, Advisors, Early supporters, 3% Bounty Program.

What about the collected funds? How will they be allocated?

The collected funds will be allocated according to the following percentages:

35% Research & Development, 25% Sales & Marketing, 20% Partner Acquisition, 10% ETH Reserve, 10% Admin, Operations, Founding, Legal.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: yudi09 on May 10, 2018, 01:53:52 PM
this project is related to the industrial traveler, what is the difference this project with tio tourguide? with luxury marketing even tio tourguide can not achieve success in his project, how about this project? does it have a specific strategy for this project to be successful later?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: theKryptoGuy on May 10, 2018, 02:20:22 PM
OKay, thanks for the info. So how can I participate?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 10, 2018, 02:26:19 PM
this project is related to the industrial traveler, what is the difference this project with tio tourguide? with luxury marketing even tio tourguide can not achieve success in his project, how about this project? does it have a specific strategy for this project to be successful later?


Thank you for the question! The thing is, TravelerToken is not merely an existing business concept that has been "put on the blockchain" and repackaged, as is the current trend. The distributed architecture and economic design are intrinsic to the model. TravelerToken is not a singular business itself, but an infrastructure to unite a consortium of businesses. Therefore, with sufficient marketing efforts, we are confident that we will be able to succeed in the long run.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 10, 2018, 03:23:34 PM
OKay, thanks for the info. So how can I participate?

1. In order to participate in our token sale please register with your email on our website or send an email to ico@travelxite.com. We will send out a SAFT contract with all the required information.

2. In order to participate in the TLT token generation event, a wallet which supports the ERC20 token standard is required. We recommend using:
MetaMask
Parity
Mist
MEW

3. Don't miss out the presale early bird discount: During pre-sale you get 30% discount for an investment equal to or greater than 50 ETH. 20% discount for an investment in the 1-50 ETH range. 15% discount for an investment below 1 ETH.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: cryptocurrency1 on May 11, 2018, 12:13:26 PM
Someone probably asked this before, but what is the minimum contribution?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 11, 2018, 12:14:04 PM
Interesting project for me.  I’m looking forward to joining in this

Thank you very much for your support!


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 11, 2018, 12:25:52 PM
Someone probably asked this before, but what is the minimum contribution?

The minimum contribution is 0.2 ETH.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: ezzapakistan on May 11, 2018, 02:06:39 PM
I have a few questions:

1. What can I do with my tokens once I receive them? Can I sell them?
2. Will team tokens be blocked for a certain amount of time?
3. Will the TLT tokens be mined? If yes, when will that start?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 11, 2018, 02:07:44 PM
I have a few questions:

1. What can I do with my tokens once I receive them? Can I sell them?
2. Will team tokens be blocked for a certain amount of time?
3. Will the TLT tokens be mined? If yes, when will that start?

After the sale is complete, all contributors will be able to transfer their tokens the same as any other ERC20 token. Tokens allocated for team members will be disbursed on a standard vesting schedule. It is the responsibility of each potential purchaser of TLT tokens to determine whether the purchaser can legally obtain TLT tokens in their jurisdiction or can then transfer or resell TLT tokens to another party in any given jurisdiction, in which different laws and regulations may apply. TLT tokens will never be mined; the supply of ERC20 TLT tokens is fixed and when migrated from Ethereum to the native system, the supply will self-adjust via automatic 'cashback' rewards.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: stevensteel on May 11, 2018, 05:35:16 PM
Why is the TravelerToken based on the Ethereum platform?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 11, 2018, 05:36:24 PM
Why is the TravelerToken based on the Ethereum platform?

Well, Ethereum provides the most mature infrastructure and tools for building complex Dapps and has a strong community of developers working to continually improve the ecosystem. The TravelerToken will not always run on top of Ethereum; it will transition to a stand-alone permissioned network. However, we will always strive to maintain interoperability with Ethereum, and other new decentralised application platforms that come along (i.e. EOS, DFinity), in order to leverage their communities and the applications built for them.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Cryptomaster1 on May 12, 2018, 10:48:48 AM
Where can I find your white paper?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 12, 2018, 10:49:50 AM
Where can I find your white paper?

The white paper can be found on our website, or just click here (https://bucketeer-0db15d94-bc6c-4d48-a12e-f5ac5f2331fd.s3.amazonaws.com/public/travelertoken-website/documents/TLT_Whitepaper_20180329.pdf).


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Apula on May 12, 2018, 11:15:00 AM
Well, if a person can see all his data and the state of money for example, it would be cool


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: cryptocurrency1 on May 12, 2018, 12:15:14 PM
Is there any bonus or discount during pre-sale and main sale?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 12, 2018, 12:16:00 PM
Is there any bonus or discount during pre-sale and main sale?

Yes, there is! During pre-sale you get 30% discount for an investment equal or greater than 50 ETH. 20% for an investment in the 1-50 ETH range. 15% discount for an investment below 1 ETH. During main sale, the percentage of discount offered will gradually decrease. 20% discount for an investment equal or greater than 50 ETH. 15% for an investment in the 1-50 ETH range. 10% for an investment below 1 ETH. Starting from the second week and onward, no discounts will be offered.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 12, 2018, 12:18:34 PM
Well, if a person can see all his data and the state of money for example, it would be cool


Thank you for the question! The TLT system consists of a set of interlocking P2P protocols that will allow members to keep their data wherever they like, choose fine-grained access privileges, and yet query the entire network like a relational database. So yes, they will be able to keep track of their data and the state of their money!


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: cryptocurrency1 on May 12, 2018, 02:42:26 PM
Important question here...may I know who did the security audit?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: baldricjohn on May 12, 2018, 04:59:16 PM
Thx devs! I read the white paper. I find this project is very great and I see that team aims to growth and development.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 13, 2018, 05:53:45 AM
Important question here...may I know who did the security audit?

Thank you for the question! The security audit is underway, we will update you once it's done!


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 13, 2018, 05:56:02 AM
Thx devs! I read the white paper. I find this project is very great and I see that team aims to growth and development.

Thank you so much for the support!


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: ezzapakistan on May 13, 2018, 08:23:29 AM
Will source code for the project be available on GitHub?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 13, 2018, 08:24:41 AM
Will source code for the project be available on GitHub?

The TLT system source code will be released under a standard open license as it is developed. This will happen gradually due to security concerns over potential early bugs in the system and the associated need to protect consortium members and their customers from breaches of private information.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: theKryptoGuy on May 13, 2018, 01:02:35 PM
Can I use Jaxx wallet to transfer my tokens?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 13, 2018, 01:03:10 PM
Can I use Jaxx wallet to transfer my tokens?

The Jaxx wallet supports the ERC20 standard, so you will not lose your TLT if you contribute using such an address. However, Jaxx is selective about what tokens they fully integrate and opaque in their decision-making process; we are pursuing their cooperation. In the event Jaxx does not fully integrate the TLT, you can always make use of the ability to export/import your private keys.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: bluebead1515 on May 13, 2018, 03:14:56 PM
#Authentication for KanadeCoin Airdrop
818017224711
@Bluebead1515
https://twitter.com/kanadecoin/status/995620419716591616?s=12


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: bachduongkute on May 13, 2018, 03:40:37 PM
Fantastic project with a very good prospect. I have already joined your mining program quite a while back. God speed!


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Eulalila on May 13, 2018, 04:25:55 PM
I wonder how the presale goes for the company, whether it's successful, whether the application wants to see


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 13, 2018, 06:22:03 PM
#Authentication for KanadeCoin Airdrop
818017224711
@Bluebead1515
https://twitter.com/kanadecoin/status/995620419716591616?s=12

I think you are on the wrong thread.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 13, 2018, 06:24:43 PM
Fantastic project with a very good prospect. I have already joined your mining program quite a while back. God speed!


That sounds awesome! Thank you so much for your participation and your support!


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 13, 2018, 06:27:20 PM
What is your MVP and when will it be released?

Our MVP is a distributed system run by member businesses that enables various data sharing and decentralized smart-contract applications; the TravelerToken is but one of those applications. Q4 2019.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 13, 2018, 06:30:08 PM
I wonder how the presale goes for the company, whether it's successful, whether the application wants to see


The presale is going great, thanks for asking! What do you mean by "whether the application wants to see"?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Cryptoticker on May 14, 2018, 12:47:58 PM
What standard do the tokens use?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 14, 2018, 12:48:29 PM
What standard do the tokens use?

The initial tokens disbursed during the token sale will be ERC20 standard tokens on the Ethereum platform. When the overall TLT system is operational, the ERC20 tokens will be exchanged on a one-for-one basis with the native TLT token; this native token will likely follow any prevailing Ethereum standards to improve interoperability between the networks.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Cryptomaster1 on May 15, 2018, 05:27:48 AM
Can you give me a quick rundown of how I can get involved in this project?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 15, 2018, 05:28:20 AM
Can you give me a quick rundown of how I can get involved in this project?

1. In order to participate in our token sale please register with your email on our website or send an email to ico@travelxite.com. We will send out a SAFT contract with all the required information.

2. In order to participate in the TLT token generation event, a wallet which supports the ERC20 token standard is required. We recommend using:
MetaMask
Parity
Mist
MEW

3. Don't miss out the presale early bird discount: During pre-sale you get 30% discount for an investment equal to or greater than 50 ETH. 20% discount for an investment in the 1-50 ETH range. 15% discount for an investment below 1 ETH


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: tunnel on May 15, 2018, 05:37:42 AM
Sounds like a big project, and only 4 people in the team. I think you will need a little more people to do everything well


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: stevensteel on May 15, 2018, 01:54:55 PM
When will the overall TLT system be fully functional?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 15, 2018, 01:56:10 PM
When will the overall TLT system be fully functional?

The current target is Q4 2019.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 15, 2018, 01:57:17 PM
Sounds like a big project, and only 4 people in the team. I think you will need a little more people to do everything well

Hi tunnel! Thank you for your interest in TravelerToken. For your information, the team is way bigger than just 4 people - feel free to check out our team page (https://www.travelertoken.com/#team-advisors) for more info!



Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Cryptotickerr on May 16, 2018, 06:17:02 AM
It's only late-2019 when I can use your system as a user?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 16, 2018, 06:17:46 AM
It's only late-2019 when I can use your system as a user?

Most of the TLT system will be hidden from end users; members of the consortium --businessess-- will operate and make use of it. However, we are planning to launch TravelXite.com as the first partner in the TLT ecosystem at the end of May/early June 2018, so make sure to stay tuned and don't miss the latest news! We will be posting them on our channel.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: lamongan12345 on May 16, 2018, 08:28:38 AM
I like projects with fun ideas and visions like this TLT. traveling or vacationing somewhere is well liked and done by everyone. travelertoken will be a solution for those who want their trip to be easy, so it can be said that travelertoken is a very potential project. I'm sure this travelertoken project will be known and liked by travelers. especially the project is supported by an experienced team..


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: peterexpert on May 16, 2018, 03:19:34 PM
Will there be an airdrop of any kind?


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 16, 2018, 03:20:16 PM
Fantastic project with a very good prospect. I have already joined your mining program quite a while back

Thank you very much for your support!


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Travelertoken on May 16, 2018, 03:21:52 PM
I like projects with fun ideas and visions like this TLT. traveling or vacationing somewhere is well liked and done by everyone. travelertoken will be a solution for those who want their trip to be easy, so it can be said that travelertoken is a very potential project. I'm sure this travelertoken project will be known and liked by travelers. especially the project is supported by an experienced team..

Thank you for your encouraging words! We totally agree that an experienced team is important for a project to be successful - this is why we have seasoned professionals with successful track records from leading, global brands, e.g. Lufthansa, Condé Nast. Blockchain experts who provide separate business-oriented solutions for banking and supply-chain on our team!


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: kadal88 on May 16, 2018, 03:25:30 PM
Thank you for the prompt reply Is there an estimate of when the TLT system be fully functional ...


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: KryptoKash on June 22, 2018, 01:19:23 AM
This ICO Has Been Listed, Rate And Review It Here: http://icovoz.com/icos/view/Travelertoken


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: coinrating.co on June 26, 2018, 11:15:53 AM
TravelerToken has been listed on CoinRating, Check out their profile here: TravelerToken on CoinRating.co (https://coinrating.co/coin/travelertoken/)


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: johnleema on June 27, 2018, 11:10:55 AM
Companies struggle with this since the data they collect from both their own and partner platforms, online travel agencies and booking sites are often confined to locations and data systems that make it difficult to use.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: daviszayn on July 24, 2018, 02:34:35 AM
The travel industry is in great need of a Blockchain-based infrastructure that we are implementing as all participants in the market will benefit from it. The Blockchain technology has many important areas of impact in the travel industry.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: yudi09 on August 07, 2018, 04:56:03 AM
I once followed a project with a concept similar to this and they finally did not achieve success. how will this project achieve success and not experience the same thing with the project that I followed before? thank you


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: Torps1 on August 07, 2018, 05:10:43 AM
Only four team members? That's is way too small to compare with the workload they would be handling. I'd like to see the official website for more information though. Good luck to your project.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: icohunter1024 on August 25, 2018, 03:21:42 PM
Traveler Token have created own blockchain ecosystem, specifically designed to give travel companies the ability to host distributed nodes, giving them a way to more securely and effectively collaborate with partners and manage customer data. The TLT ecosystem lets travel companies improve their existing IT systems using blockchain technology by making it possible to maintain accurate and accessible inventories of the services they offer — from an airline’s available seats to a hotel’s bookings for a night. Partnered companies can use these inventories for applications to effectively eliminate problems like price inflation or the dreaded double booking.


Title: Re: [ANN] [TOKEN SALE] ✈️ TravelerToken: Spend Less. Travel More! ✈️
Post by: mourningmuttongy on September 08, 2018, 02:24:32 AM
I like elements provide a forum for stakeholders and the contribution of universities, technical institutes and the open source development to efforts to build blockchain and technology related to the contract intelligence industry travel. I hope you will further develop. Good luck