Hello guys welcome back with me in this time i will share a article about EventChain.
Okays check this out!!!.
In carrying out the event either locally or at the national level, which involved thousands or even millions of spectators, there would certainly be a lot of trouble in the organizations of ticket problems for participants like at oil refineries, organizations, sales even a collection, but now it is easy to overcome in the future using the EventChain platform . Before we discuss the EventChain platform, let’s look at the ringkat explanations for these platforms.
EventChain Smart Tickets The platform was launched to create a peer-to-peer infrastructure event where tickets do not have excessive processing fees and are widely available on the platform for everyone. There are so many problems with current event industry tickets that can be fixed using the EventChain SmartTicket platform. Many viewers of the show are destroyed by monopoly control with common problems, including a ticket fee unfairly clashing the website and a single point of failure, ticket fraud and a re-ticket coupon ticket, and cutting unfair for artists who do most of the work with low returns.
From the above explanation, we can ketaui the EventChaint platform can be used as the main solution for regulating the issuance of tickets for your event, not only the excess over which EventChaint possesses, we can also know the right price for our tickets and deals were opened due to technology based on The blockchain of this terdesentralise and open our can find all transactions both inside and outside, as well as more secure privacy using these platforms.
Smart ticket sales are completely fully programmable, which allows an intelligent contract code that can fix tickets at a fixed price, determine the maximum labeled value, or attribute variables individual or group lainnya.Untuk pricing prevent large-scale purchase of tickets from scalpers, ticket distribution options can be configured configured with range of custom for the number of tickets available to individual users or groups, as well as additional restrictions that allow an alternative method of distribution.
EventChain will have a reputation system for integrated resale of tickets in the secondary market that is distributed, allowing ticketing event providers, promoters and fans to build and develop their reputation when they sell a smart ticket. Scalcer be clearly a smart ticket to your reputation.
EventChain will use various payment gateways that accept EventCoins to buy goods and services from more than 205,000 suppliers in 182 different countries. The EventCoins payment gateway is changed in real-time in the provider currency.
EventChain Tokensale Details
To participate in the EventChain token sale contributions will be accepted to aid in the development of the EventChain platform. Contributions will only be accepted in ETH.
EventCoins will be created during the token sale only under the terms of this Whitepaper. ETH will be contributed in exchange for EventCoins based on the prices in USD as follows:
Pre-Token Sale $0.70
Phase-1 Token Sale $0.87
Phase-2 Token Sale $1.74
These values will be converted to an EVC/ETH ratio and publicly displayed prior to the token sale. When participants contribute ETH, they commit to the terms and conditions of this Whitepaper.
Pre-Token Sale
A Pre-Token Sale is being offered to create an initial marketing budget to raise awareness of the EventChain SmartTicket system and to build and promote public-relations with the crypto community. This instrument enables EventChain to cultivate a preliminary team of token holders whom are committed to a successful long-term platform development. The Pre-Token Sale has been launched and will stay open until either it is fully subscribed or the Phase-1 Token Sale begins. If the Pre-Token Sale is not fully subscribed, unsubscribed tokens will be assigned to the Phase-2 Token Sale to satisfy token demand within the community.
Phase-1 Token Sale
Phase-1 will launch on September 13, 2017 and will stay open until it is fully subscribed or EventChain decides to close the Phase-1 offering, at which time unsubscribed Phase-1 tokens will be allocated to the Phase-2.
Phase-2 Token Sale
The Phase-2 starts when the Phase-1 offering completes and also includes any unsubscribed tokens from the Pre- and/or Phase-1 to give late adopters a chance to acquire EventCoins before the contribution period ends.
Token Sale Period
Phase-1 and Phase-2 of the token sale will be available for a maximum period of 2 weeks. Any EventCoins remaining after the period will be vaulted for future use of EventChain as determined by its Board of Directors.
EventCoin Distribution
EventCoins are allocated into the tokensale for participants as follows:
Pre-ICO 11,000,000
Phase-1 ICO 36,000,000
Phase-2 ICO 7,600,000
Tokensale Cap 54,600,000 (65% of the EventCoin total supply)
The number of EventCoins will be determined by the value of ether as listed on www.coinmarketcap.com on the date each participant subscribed to the Pre-token sale. The EVC/ETH ratio will be publicly displayed prior to the Phase-1 token sale. EventCoins and are liquid immediately after the token sale ends.
The total supply of EventCoins is allocated as follows:
54,600,000 (65%) of the EventCoins are distributed to the participants, liquid immediately after the token sale ends.
12,600,000 (15%) of the EventCoins are distributed to EventChain’s legal entity. These tokens will be vaulted for a two year vesting period whereby 25% of tokens will be unlocked each subsequent six months, beginning from the date that participants receive their EventCoins.
1,680,000 (2%) of the EventCoins are reserved for a Social and Bug Bounties account. Allocated EventCoins will be used for translations, marketing, business bounties on a social level, bug bounties for the EventChain token sale contract and other incentives to reinforce honest conduct on the EventChain platform on an ongoing basis.
6,720,000 (8%) of the EventCoins are reserved for an event sponsorship account. Allocated EventCoins will be used for accommodating and sponsoring worldwide events, hosting EventChain events and event related activities to further community involvement.
8,400,000 (10%) of the EventCoins are reserved for early contributors. EventCoins allocated to advisors and corporate partners will be vaulted under the same terms as EventChain’s EventCoins, with a two year vesting period and a six month cliff with a 25% release each subsequent six month period, beginning from the date that participants receive their EventCoins. Early contributors that receive EventCoins in lieu of wages will not be vaulted.
After a period of three years, EventChain will have the option to continue to utilize the bounty, sponsorship and early contributor accounts or to assign any portion of the unused EventCoins remaining in the three accounts to EventChain’s legal entity.
Funds Allocation –Years 1–3
EventChain will allocate the ETH as follows:
Marketing (58.4%) — EventChain’s goal is to change the global event ticketing paradigm. To accomplish this goal, marketing is crucial and will include a global marketing initiative of social media, internet marketing, traditional advertising, trade shows, events, sponsorships, etc. Keynote to our success, will be bringing awareness, education and understanding of the advantages of the SmartTicketing platform, cryptocurrency and blockchain technology to a worldwide market.
Development (18.1%) — design and development of EventChain’s SmartTicket system, Oracle and mobile applications. See the further development considerations below for details.
Operations (12.1%) — Ethereum network, bandwidth, server and general operational overhead expenses and offe sicpace.
Staffing (10.1%) — management, staffing and contractors.
Legal (1.3%) — incorporation, worldwide legal assistance, trademarks and international compliance.
Development considerations:
· Develop an EventChain Database and Oracle.
· Develop EventChain iOS and Android applications.
· Hire Ethereum developers for the EVC transaction framework.
· Design and develop EventChain’s web application including UI/ UX.
· Develop a customizable legal liability framework to incorporate into the SmartTickets purchasing process.
· Integrate the EVC transaction framework into the EventChain data transformer.
· Integrate additional EVC payment conversion tools.
· Implement the EventChain user database and event database management system.
If you have any questions we recommend joining our Slack channel at EventChain.slack.com, here is an open invite: Invite Link. or visit our social channels below.
To learn more about EventChain, you can see their meat breed administrators on the site system and officials.
Ashton Addison
CEO, FounderAshton obtain BBA Business Administration, Accounting & Finance (University of the Fraser Valley) in 2016.
He has been a leader, entrepreneur and technology enthusiast at blockchain technology since 2013 with ten years of experience in markup language and website development and always craves knowledge, Ashton continues to study encoding, trading crypto currency, and live for the decentralization of advanced technology with a special place for the Etherium and smart contracts. He founded Internet news networks and digital broadcasting FinTech Crypto Coins Show and has a cryptographic community on YouTube, Facebook and Twitter.
Ashton also installed Shade Show Productions in 2012, a production company that creates and manages several sold-out concerts. After not paying attention to the cost of processing the event ticket provider, he managed to make a team to sell tickets directly to the audience of the show. Applying your experience of cryptocurrencies and decentralized technologies to EventChain are smart Tickets ™, it aims to make this event less expensive and more affordable for everyone.
Jesse Couch
Crypto Legend & Developer
Jesse Crypto is a legend. Ethereum holder of the genesis block. The number of 1000X and 100X is back on top of the cryptographic projects. Jesse is a veteran in the crypto currency industry, knowledge and extensive programming experience as a developer of cryptocurrencies and tokens, and also working in Linux, Apache, MySQL and PHP language developers. Blockchain entered the space in early 2011, it has many years of experience in Bitcoin trading, altcoins and currently manages shares per hour. Blockchain Business Networking is a virtual reality platform integrating a business blockchain with virtual reality at the forefront of innovation.
Dino Bassanes
Manager Main Product
Dino has many years of experience in software management, including the development of a service product, including research of target market depth, competitor analysis and strategic, convenience specification, web design, wire framing and UI / UX, quality assurance. project management skills include planning, execution, monitoring and closing of its work in a team to meet certain goals based on the specifics of the software project accomplished during the grace period. The desire to authenticate the application is easy to use and has no analogous customer focus.
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Please Visit Link Below :
WEBSITE | WHITEPAPER | FACEBOOK | TWITTER
REDDIT | YOUTUBE | TELEGRAM | SLACK
LINKEDIN | EMAIL | BOUNTY THREAD
REDDIT | YOUTUBE | TELEGRAM | SLACK
LINKEDIN | EMAIL | BOUNTY THREAD
Author : piqulhdt28
ETH : 0x9E5793c693D083c84C460315E146
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