Winding Tree (LIF) ICO Review

Decentralizing the Oligopolistic Travel Industry

  • Token:LIF
  • ICO start: 1. Feb 2018
  • ICO end: 15. Feb 2018

Official WebsiteWhitepaper

Technology: Ethereum blockchain

Winding Tree ICO Short Review

A decentralized distribution platform for the travel industry. The oligopolistic nature of the travel industry allows for superior margins, double marginalization, and inhibits competition. Today hotels pay up to 25% fees of the total booking value to intermediaries who hold a duopoly on travel distribution. Winding Tree gives the distribution power back to the individual hotels and airlines. Moving data around and charging for that service may have been a business model in 70s but is wholly outdated today. Blockchain allows for a truly free and competitive platform in the travel industry. Having previously started a successful travel startup we have great connections in the industry and are actively talking to some of the largest players in travel.

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