Event hosting is an expansive and growing market, yet much like the financial industry, it suffers from constant, systemic challenges regarding fraud prevention, transfers of ownership and intermediary cost. Event hosts use a series of costly, legacy services to provide a solution for these challenges.

Ticket distribution services (Ticketmaster, Eventbrite) are used to simplify the ticketing process and to protect against fraud. The associated surcharge for these distribution services can be up to 15% of the ticket’s value.
Intermediary services such as Stubhub are used in the p2p secondary market to combat fraud and counterfeiting losses. Industry wide, fraud losses exceed $1 billion annually. Many P2P transfer intermediaries charge excessive fees to both buyers and sellers.
A variety of advertising mediums and services are used to sell available tickets to an event. Advertising costs for an event regularly exceeds 20% of the event’s overall budget.
Utilizing Ethereum smart contracts, Blocktix offers a near perfect solution to many of the current challenges facing event hosting businesses.

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ICO’s Details

  • GENERAL INFORMATION
  • Pre-ICO Opening Date:

    To be announced

  • Pre-ICO Closing Date:

    To be announced

  • ICO Opening Date:

    Fri, Jul 7th, 2017 12:00 AM

  • ICO Closing Date:

    Fri, Jul 28th, 2017 12:00 AM

  • TOKEN DETAILS
  • Symbol:

    TIX

  • Blockchain Type:

    Ethereum

  • Platform:

    ERC20

Team

Ryno Mathee - Architect
Rob Schins - Project Manager
Bojan Malešević - Project Assistant
James Campbell - Developer
Gerlof van Ek - Designer
Florian Mathieu - External Consultant

Advisors

MARSHALL HAYNER

Disclosure: This page is created to provide market intelligence. This is not investment advice and does not constitute any solicitation or endorsement of any investment. Any investment you make is done at your own risk and at your full and absolute discretion.

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