amicorum


AMICORUM is a crowd sourced Blockchain-based peer-peer ecosystem for ticket resale of music festivals and concerts around the globe. AMICORUM.LIVE is a secure and transparent processing fee based blockchain ecosystem for the ticket resale industry thereby eliminating transaction costs and fraudulent transactions.
Although only AMI tokens will be used for execution of sale of any tickets —whether it’s a buy or sell. The buyers will receive payments in AMI tokens in their account and the sellers will need AMI tokens to buy the
tickets. All ticket sales will be finalized the same day of the purchase as the blockchain confirms transactions within minutes. This means you don’t have to wait for the payments to be sent from your bank to the ticket holder.
The issue makes a two-way issue - one for excited fans to go to the occasion and spend a considerable measure of cash and different coordinators who can pitch one more ticket to the fans. At any rate, nobody wins here.
AMICORUM (Latin word near the significance of Gathering of Friends) is a market of ethos-based bars and various associate companion ecosystems for the offer of show tickets and music. The ecosystem will give 0 exchange handling and 0 platform preparing expenses to empower music fans to purchase and offer tickets.
Amid the second stage, AMICORUM.LIVE will coordinate re-sold ticket validation and give security to the cash spent to buy this ticket and guarantee common cooperation for the gatherings included.
Undertaking REVIEWS
AMICORUM.LIVE will be a web blockchain ecosystem and application that will give exchange handling/exchange preparing platforms that are protected, straightforward and "0" for the ticket deals industry - consequently dispensing with exchange costs, extortion and enabling ticket purchasers.
PROCESS:
The seller will list the tickets on the AMICORUM.LIVE platform
This platform will change the ticket fee to represent AMI Token value
Buyers will review and confirm ticket purchases in exchange for tokens
Transactions confirmed through the network and transaction information are listed in both Seller and Buyer accounts.
The seller receives the full amount in his corresponding wallet address without any deductions (in Token AMI)
The tokens will be used in the following ways:
• For all settlements between the members of the ecosystem —ticket purchase, resale, returns
• FASTTRACK- KYC mechanism
• Internal payments to all vendors and employees
The blockchain ecosystem will be used for the platform, its visitors, buyers and sellers and KYC setup.
Once the user has created the profile and verified via KYC, they will be able to enlist their tickets for sale. The ticket holder will upload the tickets with the essential information — barcode (authenticated by the platform), their motive for sale (reason why they cannot attend ask price (higher or lower than the actual market rate) timeline for sale of the ticket and refund policy if applicable.
The buyer, who wants to buy the ticket, logs in to the platform and searches for the event. The Re-Sale tickets will be displayed in the initial order of relevance, price and other information. The buyer will go either make an offer to buy the ticket at the price listed via the AMI tokens and once there are several confirmations for that particular transaction on Etherscan, the ticket will be automatically named to the new buyer. So essentially, there is no third party to handle the exchange.
AMI Token
The AMI token is based on the decentralized ethereum market standard smart contract ERC 20 token. Formed within the blockchain and subject to automatic execution upon the occurrenceof pre-defined criteria and events.
Total Supply – 50,000,000
Hard Cap - $20M
Softcap - $5M
Token Distribution
80% Total ICO Distribution – 40,000,000
15% Reserved for Founders/Management – 7,500,000
2% Reserved for Advisers – 1,000,000
3% Reserved for Marketing/Loyalty Purposes – 1,500,000
Project Roadmap
Capture.PNG
All the important information can be found here:
Website: https://amicorum.live/
Telegram: https://t.me/joinchat/IAPTFAnbFEx2gjtuw23RCA
Twitter: http://twitter.com/AmicorumLive
Facebook: https://www.facebook.com/amicorum.live/
author : Yoloyolo
my profile :  https://bitcointalk.org/index.php?action=profile;u=1832746

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