DECENTRALIZING THE TICKET RE-SALE INDUSTRY WITH BLOCKCHAIN AND SECURE IDENTITY PLATFORM
(A secure, transparent and transaction free ticket re-sale platform)
AMICORUM.LIVE is an innovative ecosystem to decentralize the ticket re-sale industry using blockchain and secure identity platform. The platform will be secure, transparent and free from any transaction/processing fees for buying and selling only authenticated tickets in the secondary re-sale market.
Challenges in Ticket Re-Sale Industry
- Transaction Fee & Processing Fees – A high transaction and processing fees of up to 15% in the existing ticket re-sale industry.
- Untrusted/Counterfeit – Almost 20% of tickets sold in the secondary market are counterfeit or duplicated.
Peer to Peer Ecosystem Designed for Main Stream Adoption
- Taking proven traditional models and adapting to crypto economy
- Niche market focus – festivals and concerts only
Market and Scope
GLOBAL TICKET RE-SALE – $8.9bln in 2016
OUR TARGET MARKET – 20% of $24.55 billion by 2022
AMICORUM.LIVE will be a secure, transparent and “0” transaction/processing fee based blockchain ecosystem for the ticket re-sale industry, eliminating transaction costs, fraud and empowering ticket buyers.
During the process, the seller will list their ticket. Ticket prices will be denominated in fiat currency and using a market-feed oracle, the platform will calculate AMI prices at the time of purchase.
For technical information on: Identity Validation and Authentication, Ticketing Protocols, Profile creation and identity verification, Ticket listing and Ticket purchase, please:
AMICORUM.LIVE – The Tokenomics
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 – $3M USD
Hard Cap – $20M USD
TOKENS AVAILABLE DURING SALES
PRE ICO – 20% bonus tokens
Crowd Sale – 10% Bonus Tokens
Minimum Token Cap – 100 AMI Tokens
AMICORUM.LIVE – Token Distribution & Funds Allocation
Total ICO Distribution – 80%
Founders & Management – 15%
Advisors – 2%
Marketing/Loyalty – 3%
45% Product Development
15% Legal & Security
10% Working Capital
For an additional segment breakdown of funds allocation, please review our Medium Post below:
AMICORUM.LIVE – TOKEN UTILITY
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
AMICORUM.LIVE – WHY INVEST?
- 0 transaction and 0 processing fees
- New financial instrument with complete market transparency
- Increase in demand due to transactional income for sellers and buyers.
- Earn up to 20% of your transactions in rewards.
- Token growth with platform user growth.
- Target Industry – Secondary Ticket Re-Sale
- Ticket Sale Turnover – $8.9bln in 2016
- CAGR Average/Year – 6.92% until 2021
- Target Market – 20% of $24.55 billion by 2022
AMICORUM.LIVE – TEAM AND ADVISORS
Please visit our website to learn more about our team members – www.amicorum.live
TOKEN SALE ANNOUNCEMENT
AMICORUM.LIVE is offering to potential users of its AMICORUM.LIVE platform the right to pre-purchase its own AMI tokens through our Pre-Sale that commences on April 2, 2018. The AMI token is based on the decentralized Ethereum market standard smart contract ERC20 token. Below is our ICO Pre-Sale Information:
Pre-Sale Token Supply – 20,000,000 AMI Tokens
Bonus – 20%
Token price: 0.50 USD
Crypto – BTC, ETH, BCH, LTC
Start Date – April 2, 2018