AMICORUM.LIVE - YOUR QUESTIONS, ANSWERED! (PART 1)

amicorum.live (25)in #blockchain • 6 years ago

FUNDAMENTALS

AMICORUM.LIVE (Latin word close to the meaning of Gathering of Friends) is a blockchain based innovative ecosystem that will decentralize the ticket resale industry using blockchain and secure identity platform.

We are changing the way people buy and sell tickets in the Secondary Ticket Re-Sale Market.

The platform will be secure, transparent and free of any transaction/processing fees for buying and selling only authenticated tickets in the secondary resale market.

Identities will be validated using Secure Identity Platform (SIP). Read more here

Ticket Ownership will be validated through smart contracts. Read more here

As a Seller you will be able to list your tickets on the platform and using a market-feed oracle, the price will be converted into AMI TOKENS in real time. And as a buyer, you will be able to pay with your AMI TOKENS by generating a transaction on the Ethereum Blockchain Network.

As the ticket prices are converted in real time and transactions are immuted through the blockchain, there will be no processing or transaction fees and no fraudulent tickets.

IS THIS WHAT YOU ARE WONDERING?

What's your reasoning for participating in our ICO?

It should only be to support the decentralizing the ticket re-sale industry. We are trying to take away any middle-men that charge huge amount of transaction and processing fees.

Is it something you are passionate about?

This is for the music industry and our niche focus is Music Festivals and Concerts. If you have been to a music festival or a concert, then our product is for you.

Can you see the potential to capture market share in the future?