AMICORUM.LIVE — A secure, transparent, transaction fee ticket re-sale platform
AMICORUM.LIVE is a platform for the people, by the people and of the people. AMICORUM Latin word meaning Gathering of Friends) is a crowdsourced blockchain — based marketplace and peer — peer ecosystem for ticket resale of music festivals and concerts. Buyer’s (Festival/Concert enthusiasts) will be able to buy tickets (that are re-sold) with the AMI token (the new cryptocurrency based on Ethereum blockchain) from the Sellers at 0 transaction fee and 0 processing fees.
AMICORUM.LIVE is a platform for the people, by the people and of the people. The platform will be powered by AMI Tokens. The ERC20 compatible token will be the only Utility tokens that will be used on the platform for sale and purchase of tickets in the secondary re-sale market. The tokenization model focuses on real time conversion of ticket price into AMI Tokens (value from exchange) and usage by both buyers and sellers. The AMI token will be listed on exchanges (to be announced) and will be transferrable to other cryptocurrencies and fiat currencies, it will be the only means of transaction on the AMICORUM.LIVE platform.
While this revolution is gaining wide acceptance let’s look at AMICORUM.LIVE as an innovative blockchain ecosystem that will disrupt the music festival/concert ticket ecosystem and decentralize the ticket re-sale markets. Check out the video presentation below
The mission is to solve two of the biggest pain points in the secondary ticket re-sale
Tasks Of Amicorum.Live
- Creating a user account (seller / buyer)
- KYC and other verification mechanisms3.
- The decentralized exchange of tickets between the seller and the buyer
- Full protection of information using blockchain
- Clearly defined conditions for the resale of tickets.
The benefits of the project:
— The lowest prices on tickets;
— The official site has a simple and intuitive interface, which can be dealt with in just a few minutes;
— There is no Commission for sellers, which will make most people sell their tickets this way;
— The platform is ready to work closely with many companies in our territory, which will allow to sell tickets faster and on more favorable terms for everyone; responsive administration, which is ready at any time to help its users.
The sequence of sale of tickets via Amicorum.Live:
After identification, the seller publishes information about the ticket (concert details, details) and connects them to the wallets.With the help of third-party API, the platform confirms ownership of the ticket and helps with ticket sales (the process is implemented on a smart contract).
Buying tickets has several differences
A person should choose an event and a ticket, connect to the platform with a verified Identity and send a purchase request. After the transfer of funds to the seller, the ticket is moved to the user’s wallet, and is ready to use.
CHALLENGES IN TICKET RE-SALE INDUSTRY
- Transaction fee
Four fundamental features for Ticket re-sale
- Decentralized Validation
- Immutable storage
Ticketing Protocols on Blockchain for ERC20 compatible Utility Tokens
There are various ticketing protocols that are still under development or developed that will help in our journey during the ticket re-sale. These protocols are designed to give complete control over the sale and trade of tickets between the ticket holders and buyers. Every ticket is guaranteed unique, which makes ticket fraud impossible blockchain technology enables easy verifiable authenticity of tickets. A smart ticket knows of itself who the owner is and automatically registers ownership changes. The cryptocurrency backbone account for value flows during the secondary ticket trade and even in — events value transfers.These Ticketing Protocols are generally open-source that delivers the global standard for ticketing. The protocol permits rights holders to define rules across the ticketing supply — chain -including promoters, venues primary / secondary agents -to which everyone must adhere.
PROFILE CREATION AND IDENTITY VERIFICATION
A user creates an Identity on AMICORUM.LIVE platform, or has one created for them by integrated partner API. A user has a Wallet address, containing an HASH ADDRESS and part of their Identity.
-A user lists their ticket (entering detailed information) and connecting their wallet address.The ownership of the ticket is validated by third party API implementation on different ticketing protocols (run on Smart Contract based Ticket sellers) or they can even be using their own block explorer.
Another user purchases (or otherwise requests) a ticket and using OAuth connects to the AMICORUM.LIVE ticketing platform using their Identity created and validated. The re-sale ticket is sent to the wallet address via Smart Contract. The user now has enough to attend their event.
They show their Wallet address (typically by QR code) to the door staff, who can verify that they are owners of the tickets and that their identity matches. The system will even allow for ticket transfer to another. AMICORUM.LIVE Identity within Smart Contract. We understand blockchain technology is not everyone, so our vision for the end-users is that they don’t need technical knowledge to use the platform. We will setup the platform, build the required API, create a validation protocol for profiles and transaction for our users to experience a seamless ticketing journey.
TOTAL TOKEN GENERATION — 50,000,000
TOKEN PRICE — 0.50 USD (PRICE IN ETH, BTC, LTC, BCH AS PER EXCHANGE RATE)
TOTAL SUPPLY– 40,000,000
SOFT CAP — $5M USD
HARDCAP — $20M USD
TOKENS AVAILABLE DURING SALES
Private Sale/Presale -30% bonus tokens
PRE ICO -20% bonus tokens
Crowd Sale -10% Bonus Tokens
Minimum Token Cap –100 AMI Tokens
AMICORUM.LIVE — TOKEN DISTRIBUTION & FUNDS ALLOCATION
AMICORUM.LIVE platform will be powered by AMI Tokens. The ERC20 compatible token will be the only Utility tokens that will be used on the platform for sale and purchase of tickets in the secondary re-sale market. The tokenization model focuses on real time conversion of ticket price into AMI Tokens (value from exchange) and usage by both buyers and sellers. The AMI token will be listed on exchanges (to be announced) and will be transferrable to other cryptocurrencies and fiat currencies. The AMI TOKEN will be the only means of payment on the AMICORUM.LIVE platform. All ticket sales will be finalized the same day of the purchase as the blockchain confirms transactions within minutes. This means you don’t have to wait for the payments to be sent from your bank to the ticket holder
The tokens will be used in the following ways:
-For all settlements between the members of the ecosystem — ticket purchase, resale, returns
The blockchain ecosystem will be used for the platform, its visitors, buyers and sellers and KYC setup.Once the user has created the profile and verified via KYC(entering personal information, ERC20 compatible wallet), they will be able to
list their tickets for sale. The ticket holder will upload the tickets with the essential information –number of tickets, ticket type, barcode (authenticated by the platform), ask price ( in FIAT). The platform will convert the ask price from FIAT to AMI Tokens and confirm the listing of tickets on the platform. A confirmation email will be sent to the seller with all the information. They will be able to de- list the tickets and edit/delete profile information. The buyer logs in to the platform and searches for the event. The available tickets will be displayed in the initial order of relevance, price and other information. The buyer can buy the ticket at the price listed in AMI tokens. If the buyer does not have AMI Tokens in their wallet, they can purchase the tokens real time from the exchange and transfer them to their wallet. Once the buyer confirms transaction and the network confirms hash transaction, the ticket will be automatically listed under the account of the buyer and tokens will be transferred to the seller. So essentially, there is no third party to handle the exchange and no transaction charges from these parties. Once the AMI tokens are transferred to the seller’s wallet, they can withdraw the mat any point in time and exchanged for fiat on the listed exchanges. The platform will not show that ticket or order under the new list of re-sale tickets Wallets You can keep AMI tokens in any wallet that supports ERC20 tokens. For example, in the MyEtherWallet.
AMICORUM.LIVE -CUSTOMER ACQUISITION PLAN
MEET THE AMAZING TEAM
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