Lif (LIF)

Lif (LIF) is an ERC-20 token in circulation since its ICO in 2017. Developed by Winding Tree, Lif is used for governance and will have extended utility on Videre and the DAO. Winding Tree is an innovation network building decentralized, peer-to-peer, and open-source solutions for the travel industry since 2017. Their vision is to create a world where any travel provider has open-source, permissionless, and decentralized tools to connect directly with their communities. They aim to tackle issues such as high distribution costs, data ownership, and complexity in the travel industry.

One of the main objectives of Lif is to reduce distribution costs in the travel industry. Currently, these costs can reach as high as 30% when using Online Travel Agents or Global Distribution Systems. Winding Tree’s systems seek to reduce these costs to 1% or less. Additionally, Lif enables stakeholders in the travel industry to access their data and choose what they want to do with it, addressing the issue of data ownership. To simplify the distribution of travel products and create a hassle-free experience for all involved, Winding Tree’s ecosystem offers tools that enhance the process for travel suppliers and buyers.

Winding Tree’s ecosystem comprises various projects, tools, and solutions. The Travel Marketplace, known as Win.so, is an accommodation marketplace for the crypto community and digital nomads with zero commissions. Videre Protocol is a blockchain-secured, consumer-anonymous, peer-to-peer marketplace for real-world services. ORGiD is a global decentralized business registry facilitating identity verification between businesses and individuals. Lif Token, the ERC-20 token, plays a vital role in the governance and extended utility of Winding Tree’s ecosystem. It is worth noting that Lif has been recently upgraded to a new version, and users are encouraged to swap their tokens accordingly.