AMICORUM.LIVE — YOUR QUESTIONS, ANSWERED! (FINAL)
AMICORUM.LIVE leverages Ethereum Blockchain technology in two manners: to implement its AMI token as a source of value, and to store information of buyers and sellers of tickets on the platform and other users in a transparent manner that gives confidence to all parties involved.
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
IN THIS LAST PART, WE WANTED TO ANSWER FINAL QUESTIONS ON HOW THE TOKEN WILL WORK:
What are the use cases for the token or coin?
The Global Ticket Re-Sale market is slated to be $24.55B by 2022. The AMICORUM.LIVE platform will utilize the token for all aspects of the transaction. The tokens will be used in the following ways:
- For all settlements between the members of the ecosystem — ticket purchase, resale, returns
- FAST TRACK — KYC mechanism
- Rewards
Is there access to the ICO smart contract’s code before the ICO?
Our smart contract is fully audited and publicly available at:
https://etherscan.io/address/0x279f9f9b73bfdbe14e4912a6d5f7442ecdf97b37
There is clear visibility of each transaction and the contract code is fully verified on the Ethereum Blockchain.
What is the benefit for you holding the token?
The token holder benefit is directly related to the use of token on the platform. It is a utility token that will allow the users to transact efficiently on the platform.
What are the legal and tax ramifications where you reside?
We are currently open for Pre-Sale and only allowing contributions from specific countries. The barred countries are – USA, Singapore, Malaysia, Vietnam and China.
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