AMICORUM.LIVE


Amicorum is the newest approach towards the ticket sale industry. Based on Blockchain technology, it is a safe, transparent and zero transaction fee charging platform for the ticket re-sale industry, eradicating transaction costs, fraud and authorises ticket buyers.
The process is pretty simple. The buyer searches for the event. The available tickets are displayed in the sequence of their relevance, cost and other characters. The buyer can buy the ticket at the price listed in AMI tokens. If the buyer does not have AMI Tokens in their wallet, they can buy the tokens real time from the exchange and transfer them to their wallet. Once the buyer confirms transaction and the network confirms hash transaction, the ticket will be automatically listed under the account of the buyer and tokens will be transferred to the seller. So, there is no third party involvement to handle the exchange and no transaction charges from these parties. The platform will not show that ticket or order under the new list of re-sale tickets.
The platform regulates all business processes linked to listing, sale, re-sale, token redemption, rewards and redemption of the tickets as well as the distribution of the funds related with each sale. Each transaction will be given a reward in AMI Tokens and transferred during confirmation of purchase and sale of tickets.
Decentralized validation, redundancy, immutable storage and encryption are the main fundamental features on which the platform is built. The secondary tickets market is prophesied to show significant growth during the years 2016-2020 globally and is influenced by the increase in the number of festivals and concert events. The global secondary tickets market is divided into four major segments based on event. They are sporting events, concerts & festivals, theaters, and movies. There has been significant growth in technologies and immense development within the global ticketing industry, but there are still a large number of problems faced by the industry and the two major problems are:
Firstly, transaction fee – The seller sells the tickets online, the buyer not only pays for the ticket but also the platform fee and a transaction fee that is charged by their bank. Secondly, despite the warnings on the website asking buyers to only buy tickets from the box office or a reliable ticket exchange website. The common case happens when the same ticket is sold to 10-15 enthusiasts or even more. The first ticket holder to arrive, attends the concert/festival and the rest are not allowed access.

Amicorum is the newest approach towards the ticket sale industry. Based on Blockchain technology, it is a safe, transparent and zero transaction fee charging platform for the ticket re-sale industry, eradicating transaction costs, fraud and authorises ticket buyers.
The process is pretty simple. The buyer searches for the event. The available tickets are displayed in the sequence of their relevance, cost and other characters. The buyer can buy the ticket at the price listed in AMI tokens. If the buyer does not have AMI Tokens in their wallet, they can buy the tokens real time from the exchange and transfer them to their wallet. Once the buyer confirms transaction and the network confirms hash transaction, the ticket will be automatically listed under the account of the buyer and tokens will be transferred to the seller. So, there is no third party involvement to handle the exchange and no transaction charges from these parties. The platform will not show that ticket or order under the new list of re-sale tickets.

The platform regulates all business processes linked to listing, sale, re-sale, token redemption, rewards and redemption of the tickets as well as the distribution of the funds related with each sale. Each transaction will be given a reward in AMI Tokens and transferred during confirmation of purchase and sale of tickets.
Decentralized validation, redundancy, immutable storage and encryption are the main fundamental features on which the platform is built.

ICO information and team
The ICO event started on 1st March 2018 and ended on 30th March 2018. The Pre-ICO se started on 1st April 2018 and ended on 30th June 2018. The CrowdSale is currently under progress starting from 1st July 2018. The funds will be spent on Product Development (45%), Marketing (30%), Legal & Security (15%), and Working Capital (10%). The team working on the project comprises of individuals who are experts in Blockchain, management and business.

Conclusion
Amicorum, an incredible platform, aims to organise the music events ticket ecosystem and decentralize the ticket re-sale markets. Based on the Blockchain technology, it is a platform for the resale of tickets of music events. Buyer’s will be able to purchase tickets with the AMI token from the sellers at zero transaction fee and zero processing fees.
There are various ticketing protocols. These protocols are designed to give full control over the sale and trade of tickets between the ticket holders and buyers. Every ticket is confirmed unique, which makes ticket fraud impossible. Blockchain technology allows easy verifiable authenticity of tickets.

October 2017 – December 2017
• Project Research • Team Formation
January 2018 – February 2018
• Project & Website Development • Private Sale Preparation • Bounty Launch and Social Media Marketing
March 1, 2018 – March 30, 2018
• Private Sale/Large Investors
April 1, 2018 – June 30, 2018
• Second Stage - Pre ICO • Private Investor Agreements – KYC
July 1, 2018
• Third Stage – CrowdSale • Token Distribution for Pre-Sale • BETA Product Launch • MVP
Q3 2018 – Q4 2018
• Exchange Listing • Token Distribution for CrowdSale and Bounty • Additional Market Research • User Growth Hack
Q1 2019
• Legal Patent for Europe, SE Asia • Global Partnership Program • Global Platform Launch

Website: https://amicorum.live/

Whitepaper: https://account.amicorum.live/WhitepaperEnglish.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=3032839.0

Telegram: https://t.me/joinchat/IAPTFAnbFEx2gjtuw23RCA

Twitter: http://twitter.com/AmicorumLive

Facebook: https://www.facebook.com/amicorum.live/

Medium: https://medium.com/@amicorumlive

Dinama
https://bitcointalk.org/index.php?action=profile;u=1958779
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