FUNDAMENTALS
Recently, AN ARTICLE IN THE GUARDIAN and this is what a person went through when buying tickets online in the secondary market:
“I bought two tickets from Viagogo displayed at €32 each.
After our payment had been processed, a pop-up informed us we had been charged a €16 booking fee, a handling fee and VAT on top of the displayed price.
All in all, this came to about €30 over the advertised price of the tickets. When you’re a student, that’s a week’s worth of groceries.
AJ, London”
This is just the ticketing platform fee and does not include bank charges which is prevalent in several countries where banks take fees for using credit cards online.
AMICORUM.LIVE prevents this from happening in the real world using Cryptocurrency and Market Feed Oracle which does not need an intermediary to process the payments. There are no fees for listing tickets and buying tickets on the platform.
IN THIS SECOND PART, WE WANTED TO ANSWER A FEW MORE QUESTIONS:
How capable is the team?
- The team is strong and supported by a combined experience of over 40 years in the digital world and over 6+ years of combined experience in BLOCKCHAIN AND BLOCKCHAIN TECHNOLOGY
Our FOUNDER and CEO has been an Advisor and Investor in several ICO’s in 2017 and currently advising on 3 new ICO’s.
Our Co-Founder has experience in managing investor relations as she comes with a successful client management experience.
Our Blockchain Development team has a combined experience of 8 years in Blockchain and UI development
Needless to say we have trusted Advisors like Simon Cocking and Amarpreet Singh
What does the future market look like?
- The global ticket market is set to reach over $24.55B by 2022 and AMICORUM.LIVE is targeting 20% of the market share by 2022. We are not overconfident but definitely ambitious to reach this goal.
What does the timeline look like?
- Development by Q4 2018 if Pre-Sale and ICO go well and then Product launch by Q1 2019. Growth hack and user growth will be a part of the development phase in Q4, 2018
What’s the token supply?
- There are a total of 40,000,000 tokens for sale. Each phase a set limit of tokens to be sold.
What is the token allocation?
45% Product Development; 30% Marketing; 15% Legal & Security; 10% Working Capital
What are the incentives?
30% Bonus for Private Investors
20% Bonus for All other investors with no minimums
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