EventChain ⚡Solving Ticketing Problems on the Blockchain

[pynetx]

The partnership with iFlyer will help Eventchain a lot, it will open the Asian market to Eventchain, it will be more simple for Eventchain to implement the project here with the help of iFlyer. I think Eventchain is a really solid project, a lot of possibility for the ticketing market, and eventchain can disrupt it.

Yeah, rather than working as a single entity it's better that they are doing partnerships with others. It will speed up the process.

[imtiazmahmood]

Good initiative to change the ticket game up! This is a real probleme with bots buying all the tickets and reselling with high mark ups. What is the industry you will target first, and did any
ticket companies or artist show interest in this project?

They will be having multiple partners in All over America and in Japan, they partnered with iFlyer.

this is good for eventchain to grow up more fast. eventchian is big project more then aventus etc. i saw many projects in market but i come here because i want to join good project. so i think eventchain is the project i was looking. i have seen website and read whitepaper. project is real and reputed. i also going to invest with my friend here. we don't want miss this opportunity.

[cantdecide]

Any tokens remaining at the end of the token sale will be assigned to a locked account for a period of 3 years.

Why tokens will be locked? Why not to burn unsold tokens?
But anyway 3 years its a huge period. 

it's probably to incentivize the team to make the project successful. if it is they will be rich of the tokens.

Can't be the reason. I would like to hear an feedback of the team about this, because it would be not such a nice move if it is for this purpose.

[pynetx]

How's the ICO going?
Any updates regarding it's progress?

[EDisney]

Any tokens remaining at the end of the token sale will be assigned to a locked account for a period of 3 years.

Why tokens will be locked? Why not to burn unsold tokens?
But anyway 3 years its a huge period. 

it's probably to incentivize the team to make the project successful. if it is they will be rich of the tokens.

Can't be the reason. I would like to hear an feedback of the team about this, because it would be not such a nice move if it is for this purpose.

From their slack:

"If the cap is not reached the remaining EVC not sold out of the 54.6 million in the ICO will be not minted automatically, lowering the market cap  and the supply temporarily. the Max supply is always 84 million. Those 54.6m allocated coins will always still be allocated to the public and are not for the team. The remaining tokens can be used in the future for airdrops, giving back to the community, rewarding early ICO participants, and future funding for project expansion."

[stormcleric]

How's the ICO going?
Any updates regarding it's progress?

Just check https://tokensale.eventchain.io/

Right now they've got 1050 ETH - 38.45% of the goal. Currently on phase 2 at a 15% bonus.

[alphashotgun]

How's the ICO going?
Any updates regarding it's progress?

Just check https://tokensale.eventchain.io/

Right now they've got 1050 ETH - 38.45% of the goal. Currently on phase 2 at a 15% bonus.

thank you for the link.
just took a view on the roadmap again we all know the partnership with iflyer.

are there rumors about new (big) partnerships?

[matjas]

Any tokens remaining at the end of the token sale will be assigned to a locked account for a period of 3 years.

Why tokens will be locked? Why not to burn unsold tokens?
But anyway 3 years its a huge period.  

it's probably to incentivize the team to make the project successful. if it is they will be rich of the tokens.

Can't be the reason. I would like to hear an feedback of the team about this, because it would be not such a nice move if it is for this purpose.

From their slack:

"If the cap is not reached the remaining EVC not sold out of the 54.6 million in the ICO will be not minted automatically, lowering the market cap  and the supply temporarily. the Max supply is always 84 million. Those 54.6m allocated coins will always still be allocated to the public and are not for the team. The remaining tokens can be used in the future for airdrops, giving back to the community, rewarding early ICO participants, and future funding for project expansion."

Hmm, not convinced by that answer. Who knows what will happen after 3 years. The airdrop thing is a little strange, they didnt to airdrop now, why would they do it in 3 years.

[levyashin]

Any tokens remaining at the end of the token sale will be assigned to a locked account for a period of 3 years.

Why tokens will be locked? Why not to burn unsold tokens?
But anyway 3 years its a huge period.  

it's probably to incentivize the team to make the project successful. if it is they will be rich of the tokens.

Can't be the reason. I would like to hear an feedback of the team about this, because it would be not such a nice move if it is for this purpose.

From their slack:

"If the cap is not reached the remaining EVC not sold out of the 54.6 million in the ICO will be not minted automatically, lowering the market cap  and the supply temporarily. the Max supply is always 84 million. Those 54.6m allocated coins will always still be allocated to the public and are not for the team. The remaining tokens can be used in the future for airdrops, giving back to the community, rewarding early ICO participants, and future funding for project expansion."

Hmm, not convinced by that answer. Who knows what will happen after 3 years. The airdrop thing is a little strange, they didnt to airdrop now, why would they do it in 3 years.

Maybe they make another ico after some years. It's not unlikely.

I am happy that they won't cancel the project if it won't hit soft cap.

[the_donald]

Any tokens remaining at the end of the token sale will be assigned to a locked account for a period of 3 years.

Why tokens will be locked? Why not to burn unsold tokens?
But anyway 3 years its a huge period.  

it's probably to incentivize the team to make the project successful. if it is they will be rich of the tokens.

Can't be the reason. I would like to hear an feedback of the team about this, because it would be not such a nice move if it is for this purpose.

From their slack:

"If the cap is not reached the remaining EVC not sold out of the 54.6 million in the ICO will be not minted automatically, lowering the market cap  and the supply temporarily. the Max supply is always 84 million. Those 54.6m allocated coins will always still be allocated to the public and are not for the team. The remaining tokens can be used in the future for airdrops, giving back to the community, rewarding early ICO participants, and future funding for project expansion."

Hmm, not convinced by that answer. Who knows what will happen after 3 years. The airdrop thing is a little strange, they didnt to airdrop now, why would they do it in 3 years.

Maybe they make another ico after some years. It's not unlikely.

I am happy that they won't cancel the project if it won't hit soft cap.

definitely. it would be a shame for the project to end because they couldn't raise the funds they needed.

[Islapdonkey]

Any tokens remaining at the end of the token sale will be assigned to a locked account for a period of 3 years.

Why tokens will be locked? Why not to burn unsold tokens?
But anyway 3 years its a huge period.  

it's probably to incentivize the team to make the project successful. if it is they will be rich of the tokens.

Can't be the reason. I would like to hear an feedback of the team about this, because it would be not such a nice move if it is for this purpose.

From their slack:

"If the cap is not reached the remaining EVC not sold out of the 54.6 million in the ICO will be not minted automatically, lowering the market cap  and the supply temporarily. the Max supply is always 84 million. Those 54.6m allocated coins will always still be allocated to the public and are not for the team. The remaining tokens can be used in the future for airdrops, giving back to the community, rewarding early ICO participants, and future funding for project expansion."

Hmm, not convinced by that answer. Who knows what will happen after 3 years. The airdrop thing is a little strange, they didnt to airdrop now, why would they do it in 3 years.

Maybe they make another ico after some years. It's not unlikely.

I am happy that they won't cancel the project if it won't hit soft cap.

definitely. it would be a shame for the project to end because they couldn't raise the funds they needed.

The best thing to do with unsold tokens, is to destroy/take it out of circulation.

[magisterr]

Im agree. It's okay if they will lock tokens for 3 years, its not a 3 mounth.
But they ll make project in anyway? if even they ll not raise soft cap?

[tiger5056]

what is minimum CAP require for this project to be start?

[Islapdonkey]

Im agree. It's okay if they will lock tokens for 3 years, its not a 3 mounth.
But they ll make project in anyway? if even they ll not raise soft cap?

No need to lock tokens, cos those token will always be a subject of worry to investor. Best thing is to destroy it and focus on tokens already distributed.

[magisterr]

what is minimum CAP require for this project to be start?

I can find information about soft cap. But I think they ll launch project in anyway. Because they have a solid parthnership already. And they cant abandon project after parthnership.

[Drokzid]

Im agree. It's okay if they will lock tokens for 3 years, its not a 3 mounth.
But they ll make project in anyway? if even they ll not raise soft cap?

No need to lock tokens, cos those token will always be a subject of worry to investor. Best thing is to destroy it and focus on tokens already distributed.

As far as I know the ico goal is 20,000 ETH and hard cap is 50,000 ETH. Or am I wrong?

[alphashotgun]

How's the ICO going?
Any updates regarding it's progress?

here is the link to the crowdsale progress  
https://tokensale.eventchain.io/

[EDisney]

what is minimum CAP require for this project to be start?

I can find information about soft cap. But I think they ll launch project in anyway. Because they have a solid parthnership already. And they cant abandon project after parthnership.

In slack they said "Our SC is 2000 ETH."

[haxllega]

Any tokens remaining at the end of the token sale will be assigned to a locked account for a period of 3 years.

Why tokens will be locked? Why not to burn unsold tokens?
But anyway 3 years its a huge period.  

it's probably to incentivize the team to make the project successful. if it is they will be rich of the tokens.

Can't be the reason. I would like to hear an feedback of the team about this, because it would be not such a nice move if it is for this purpose.

From their slack:

"If the cap is not reached the remaining EVC not sold out of the 54.6 million in the ICO will be not minted automatically, lowering the market cap  and the supply temporarily. the Max supply is always 84 million. Those 54.6m allocated coins will always still be allocated to the public and are not for the team. The remaining tokens can be used in the future for airdrops, giving back to the community, rewarding early ICO participants, and future funding for project expansion."

Hmm, not convinced by that answer. Who knows what will happen after 3 years. The airdrop thing is a little strange, they didnt to airdrop now, why would they do it in 3 years.

Maybe they make another ico after some years. It's not unlikely.

I am happy that they won't cancel the project if it won't hit soft cap.

Canceling this project would be a bad idea because I think there are a lot of people who want to use their platform in the future.
Event ticket market is huge.

[Jay2408]

Any tokens remaining at the end of the token sale will be assigned to a locked account for a period of 3 years.

Why tokens will be locked? Why not to burn unsold tokens?
But anyway 3 years its a huge period.  

it's probably to incentivize the team to make the project successful. if it is they will be rich of the tokens.

Can't be the reason. I would like to hear an feedback of the team about this, because it would be not such a nice move if it is for this purpose.

From their slack:

"If the cap is not reached the remaining EVC not sold out of the 54.6 million in the ICO will be not minted automatically, lowering the market cap  and the supply temporarily. the Max supply is always 84 million. Those 54.6m allocated coins will always still be allocated to the public and are not for the team. The remaining tokens can be used in the future for airdrops, giving back to the community, rewarding early ICO participants, and future funding for project expansion."

Hmm, not convinced by that answer. Who knows what will happen after 3 years. The airdrop thing is a little strange, they didnt to airdrop now, why would they do it in 3 years.

Maybe they make another ico after some years. It's not unlikely.

I am happy that they won't cancel the project if it won't hit soft cap.

Canceling this project would be a bad idea because I think there are a lot of people who want to use their platform in the future.
Event ticket market is huge.

Right, I'm glad they won't cancel the project even if they don't reach soft cap. A lot of people are waiting for their platform getting functional.