Líf is the most important underlying technology of the Winding Tree platform. It is used for two purposes:
Payments on the platform
In order for an agency (offline or online) to book anything on the Winding Tree platform they will have to send a certain amount of Líf to the seller. The miner fees are also paid in Líf.
Platform governance
Because Winding tree is open-source, anyone can propose a change to the platform code, perhaps in order to update a smart contract with some new business logic. But because the marketplace is decentralized, its participants have to approve that change.
ICO stats
-
2,418
pre ICO -
13,860
ICO
-
736
pre ICO -
6,346
ICO
-
18,732,406
for backers -
6,244,135
for project funding
-
5,164
in the MVM -
11,114
for project funding
How to get Lif
There were 24,976,541.45 Lífs generated and distributed between team and backers. No new token generation expected, so the only way to get Lífs is to buy from existing holders on cryptocurrency exchanges.