[ANN] | GET Protocol | GUTS.tickets | Live Product

[dakota neat]

I decided to follow up on their work and participate.it was quite interesting and a nice pre-sale. I think that it will be a work that winner investors.

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[kasper-guts]

Hi dev, why it is using ark.io slack why don't just create own GUTS slack channel? or Ark.io is a partner of GUTs that why how it is. I'll wait for the answers thank you.

Hi DarkSecrets! We now also have a Rocket Chat channel! Sign up and interact with the GUTS Tickets team: https://chat.guts.tickets/ 

[Buerra]

Slack is getting disturbing for everyone. Too many scam attempts too many emails coming from slack. Telegram more useful. and most coins moving to slack to telegram.

[needmoney]

Slack/Rocketchat

• Join our RocketChat and get 1 stake!
• Total bounty allocated will be divided to the number of participants.

Application Form: https://goo.gl/QidrzA
Spreadsheet: https://goo.gl/2zUZsj

[PoweredBy SMF]

many project about security! but, GUTS.tickets is project interesting because guts is a ticketing platform which uses blockchain technology to register ownership of smart tickets by doing so guts makes ticket fraud impossible.

[needmoney]

Slack/Rocketchat

https://chat.guts.tickets/ REGISTER AND GET YOUR BOUNTY!

Application Form: https://goo.gl/QidrzA
Spreadsheet: https://goo.gl/2zUZsj

[Balmain]

Slack is getting disturbing for everyone. Too many scam attempts too many emails coming from slack. Telegram more useful. and most coins moving to slack to telegram.

They moved to Rocket.chat which is pretty cool. I joined and asked some questions about the project. Everything is going well now. You can come and join the discussion.
This is the link: https://chat.guts.tickets

[radnom]

Slack is getting disturbing for everyone. Too many scam attempts too many emails coming from slack. Telegram more useful. and most coins moving to slack to telegram.

They moved to Rocket.chat which is pretty cool. I joined and asked some questions about the project. Everything is going well now. You can come and join the discussion.
This is the link: https://chat.guts.tickets

I also joined RocketChat. I'm sure its %100 better than slack as slack is decentralized and you don't have full control over the code, at all. With RocketChat you control and host your own chat room.

[needmoney]

Advisory board of GET | Watse de Jong (Manager Martin Garrix), Nyle Budimlic (Cypher Group)

https://blog.guts.tickets/advisory-board-of-get-watse-de-jong-manager-martin-garrix-nyle-budimlic-cypher-group-32ec30ce06ae

[freemind1]

Thanks for changing to Rocket chat, in some Slacks it is unbearable to put up with the bots that ask for your Ethereum account credentials.

[sander-guts]

Hi all!

Happy to share that the sale of 3000 tickets on the blockchain for two shows of one of the best-known Dutch comedians went smoothly and sold out in 30 minutes! Jochem Myjer, the comedian, is extremely happy that he is able to offer his fans fair ticket prices, also on the secondary market. The event organizer was in our office during the sale and was all over the moon. Made us even more confident we are on the right track, now on to more!

You can watch the tickets of the two shows on the blockchain yourself here:

https://kovan.etherscan.io/txs?a=0x63B2d78bAC0c0e0B505B834cf959E9f724EbB5B9&p=1

https://kovan.etherscan.io/txs?a=0xa5bfa1bff0fc6753884e4c696e32bedbc4ebe2cb&p=1

If you don't know yet, we announced two of our advisors yesterday. Watse de Jong, the manager of world-famous No. 1 DJ Martin Garrix. Watse is a key-figure in the contemporary music industry and add deep knowledge of the demands of the industry and a huge network to our office. Nyle Budimlic, researcher of digital assets, contributes in a great way in designing the GET-protocol and execution of the upcoming ICO. We are honoured to have them on board!

[xaviernicolau]

CEO Maarten just presented the GET protocol @ Blockchain Solutions Forum in Barcelona. Nice podium and timing to share that GUTS sold 3000 tickets today!

[ruru]

I follow with interest, they have a team of quality and successful people. If the team does not dissipate, they will be able to do successful work in the future and I am confident they will make a very good sum of money.

[needmoney]

Hey guys,

Our REFERRAL PROGRAM is live! https://guts.tickets/referral

1- REGISTER AND GET YOUR SPECIAL LINK!
2- SHARE YOUR SPECIAL LINK!

[nesso]

It looks like a great project. I wish you much success to your ICO.

[Orias67]

Hello, I want to subscribe to the whitelist but we need to enter how much Eth we will contribute. I am not a big investor and I wanted to invest less than 1 Eth, but the form doesn't accept that. Does it mean that I can't invest if I don't want to put at least 1 Eth ?

[Use.Your.Brain]

I have a question concerning the buyback guarantee:

Let's say I buy 1000 GET in the ICO.

1 month later the price per GET is at 0.40 Euro.

I have to sell because I need the money.

Can I then sell my GET to the contract / stability fund at 0.50 Euro per GET?

Would I then get back ETH equal to 0.50 Euro per GET?

[Urmip16]

Nice project, how can I get more information?

[kasper-guts]

I have a question concerning the buyback guarantee:

Let's say I buy 1000 GET in the ICO.

1 month later the price per GET is at 0.40 Euro.

I have to sell because I need the money.

Can I then sell my GET to the contract / stability fund at 0.50 Euro per GET?

Would I then get back ETH equal to 0.50 Euro per GET?

Good question! So the buy-back guarantee is funded by event organizers using the protocol (and a few of them are already doing so ) These event organizers need GET in order to create smart tickets and run events on the protocol and so buy these GETs from the Stability Fund. After this ETH transaction, the Stability Fund will buy back the GET that was transferred to the Event Organizer from the open market. Please note that EOs can't directly buy GET from the open market, the only way to acquire GET is with the stability fund mechanism. This means that the stability fund will set the price the EO pays per GET. The price is the SF charges the EO is based on the averaging of the GET price on exchanges for a certain time span. There is a 'hard coded' minimum price per GET that the stability will always have the event organizer pay and that minimum price is €0.50 per GET.

So that is a general explanation, now for your specific question. If the price average price per GET is €0.40 then the EO that needs a certain amount of value covered for the event in GET will pay €0.50 per GET as this is the minimum set by the stability fund.

TLDR to your question: Yes, you would still receive €0.50 per GET, taken that at the moment you want to exchange GET for ETH  the stability fund is in the process of buying back GET. The stability fund will only need to do so if there are event organizers that on their part are buying GET from the SF on the 'protocol side'.

In the end €0.50 is the minimal/gauranteed amount you will receive at leatst for your GET, assuming GUTS Tickets will be able to onboard event organizers to use the protocol for their ticketing. And we got that covered

Let me know if this explanation clears it up!

[Use.Your.Brain]

I have a question concerning the buyback guarantee:

Let's say I buy 1000 GET in the ICO.

1 month later the price per GET is at 0.40 Euro.

I have to sell because I need the money.

Can I then sell my GET to the contract / stability fund at 0.50 Euro per GET?

Would I then get back ETH equal to 0.50 Euro per GET?

Good question! So the buy-back guarantee is funded by event organizers using the protocol (and a few of them are already doing so ) These event organizers need GET in order to create smart tickets and run events on the protocol and so buy these GETs from the Stability Fund. After this ETH transaction, the Stability Fund will buy back the GET that was transferred to the Event Organizer from the open market. Please note that EOs can't directly buy GET from the open market, the only way to acquire GET is with the stability fund mechanism. This means that the stability fund will set the price the EO pays per GET. The price is the SF charges the EO is based on the averaging of the GET price on exchanges for a certain time span. There is a 'hard coded' minimum price per GET that the stability will always have the event organizer pay and that minimum price is €0.50 per GET.

So that is a general explanation, now for your specific question. If the price average price per GET is €0.40 then the EO that needs a certain amount of value covered for the event in GET will pay €0.50 per GET as this is the minimum set by the stability fund.

TLDR to your question: Yes, you would still receive €0.50 per GET, taken that at the moment you want to exchange GET for ETH  the stability fund is in the process of buying back GET. The stability fund will only need to do so if there are event organizers that on their part are buying GET from the SF on the 'protocol side'.

In the end €0.50 is the minimal/gauranteed amount you will receive at leatst for your GET, assuming GUTS Tickets will be able to onboard event organizers to use the protocol for their ticketing. And we got that covered

Let me know if this explanation clears it up!

Thanks for clarifying.

So the SF would automatically send me back ETH (equal to at least 0.50 Euro/GET) ?