A Smart Ticketing platform for the future of decentralized events, EventChain has announced the dates for its upcoming token sale. The crowdsale involving the platform’s EVC tokens is scheduled to go live on September 13, 2017. The campaign will go on for 14 days, helping the company raise the required funds to aid project development.
EventChain is presently the best-in-class prototype of a functional token backed business on Ethereum protocol. It allows people to attend and even create events while avoiding the monopolistic, ethically challenged and mostly centralized ticket service providing industry. EventChain has recently launched its innovative Alpha DApp, accessible at http://alpha.eventchain.io. With the introduction of the platform’s alpha version, EventChain has proven to be a serious technology leader in the field.
EventChain’s advanced blockchain technology makes it easy for event managers, party organizers, schools’ social clubs and other event hosts to leverage Ethereum decentralized network for managing and executing events and ticket sales globally, free from third party charges. EventChain’s core values revolve around creating and maintaining an open and decentralized infrastructure for the public, and the smart ticketing platform fits right into it.
The current event-ticketing industry is faced with many problems which can be fixed by EventChain’s decentralized ticketing platform. There are many instances where fans have been angry with ticketing due to unfair and extortionate fees, website crashes, ticket scalping and counterfeit tickets. At the same time, artists who depend on ticketing revenues for income continue to feel shortchanged. The decentralized EventChain ticketing system ensures that real fans get real tickets while artists are paid proportionally for the talents.
EventChain is one of the unique projects in the blockchain industry today because it provides a real-world solution to the real-world issues of counterfeit tickets, ticket scalping and excessive processing fees. The EventChain team includes Ashton Addison among top business professionals and entrepreneurs who together manage an existing development team with over seven years of software development experience in booking applications. The EventChain Board of Advisors is stacked with experts including Dr. Steven Funk, a Silicon Valley Entrepreneur and founding funder of Unitis Capital which surpassed $1 Billion in funding initiatives, and Piotr Piasecki, Core developer of Factom.
Being the medium of transactions on EventChain, EVC tokens offer a range of benefits to its users. These ERC20 tokens incentivize people to make transactions by waiving all processing fees on purchases made using them. The token holders also get exclusive VIP and early bird privileges. The ICO, set to go live on September 13, 2017, will be open only for two weeks. More details about the platform are available on EventChain’s whitepaper.
Those interested in becoming part of the initiative can prepare themselves for the launch of crowdsale.
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