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Alpha.EventChain.ioWhat is EventChain?The EventChain Smart Ticketing platform was launched to create a peer-to-peer infrastructure where event tickets have no excessive processing fees and are widely available on a platform for everyone. There are so many problems with the current event-ticketing industry that can be fixed by EventChain’s SmartTicket platform. A lot of event goers are fed-up with monopolistic control with common problems including unfair ticketing fees, website crashes and single points of failure, ticketing scalping and ticket resale mark-up, and unfair cuts for artists who do most of the work with little return.
With EventChain you can create online or local events from any device, and make Smart Tickets available to event participants globally. The EventChain blockchain token network for event management presents the opportunity to upgrade the current event ticketing industry to faster transactions, indisputable ticket vouchers and transparency from event hosts and fully flexible and programmable Smart Tickets through the use of smart contracts on the Ethereum blockchain.
Smart Ticket Use Cases:Smart Tickets are all fully programmable, enabling smart contract code that can fix tickets at a permanent price, designate a maximum mark-up value, or attribute any other individual or group pricing variables.
To prevent massive ticket purchases from scalpers, event ticket distribution options can be tailored with any custom range on the amount of tickets available to single users or groups, and optional constraints that allow for alternative distribution methods.
EventChain will have an integrated ticket resale reputation system on a distributed secondary market, allowing event ticket vendors, promoters and fans to build and grow their reputation as they sell Smart Tickets. Scalpers will clearly be identified by their Smart Ticket reputation.
EventChain will utilize various payment gateways that accept EventCoins to purchase products and services from over 205,000 vendors across 182 different countries. Payment gateways convert the EventCoins in real time to the vendor’s currency.
Leadership Team: Board of AdvisorsDr. Steven FunkSilicon Valley Billionaire
Dr. Funk has 30 years of experience in international corporate debt, equity investment, and real estate ownership and development. Funk built the largest fund management business in Investor Category Immigrant Funds to Canada, acquired Imperial Parking and built its operations into one of the top three dominant car park management companies in North America. With Masters and Doctorate degrees, a private pilot’s license, and a ticket on the upcoming Virgin Galactic space flight, he has a plethora of business expertise.
Dr. Funk is a founding director of Unitus, and founding funder of Unitus Capital, now the largest boutique investment banking group in the microenterprise space which recently surpassed $1 billion in funding initiatives. Dr. Funk is one of the pivotal sponsors of TED talk’s annual international event.
Today, Funk manages his private investment group, Funk Partners through Funk Holdings. He engages in private financial management as well as philanthropic endeavors, with an emphasis on microfinance initiatives. His focus has been on international private equity and real estate investment, with a weighting in real estate acquisition, ownership, and development. He is also a passionate and proud member of the XPrize Foundation Innovation Board (
www.xprize.org), led by Peter Diamandis.
Tokensale: The EventChain Tokensale is September 13, 2017. The details already have been finalized. Please read our Tokensale medium blog to see exactly how EventCoins are distributed and how the funds will be allocated. Blog Posts and Articles: Ed Sheeran and the Ticket Industry FailEventChain — Fixing the Issues of the Event Ticketing IndustryEventChain will Solve Today’s Ticketing ProblemsWill Ethereum pass Bitcoin’s Market cap by Aug 5th?Why Ethereum will be bigger than Bitcoin