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It is a Decentralized Smart Ticketing network that will revolutionize the event ticketing industry, bringing artist, promoters and event organizers closer to their fans.
To solve the problems with current event ticketing systems available today, with providing the benefits of decentralization derived from the blockchain technology.
LMDA Ethereum blockchain structure provides the necessary framework needed,to implement scalable, fast, and cryptographically secure SmartTicket transactions. The platform will utilize smart contracts as the underlying technology for the creation of SmartTickets, harnessing the functional power of LMDA Tokens as a proof of purchase. Lamoneda ticketing platform can also operate with fiat currencies; however, the smart ticket utility is optimized when using LMDA Token
-Ticket Counterfeiting---ticketing fraud, is believed to be a multibillion-dollar market. Also, online ticket fraud continues to rise annually.
-HighMark-ups---incessant rise in ticket pricing due to greed and monopolistic profit approach.
-Instant sell-outs---scalpers snatch tickets off the primary market only to be resold in the secondary market at a ridiculously higher price.
-Overpriced Resale tickets---Scalped tickets are being resold, on secondary markets for an outrageous price,hence degrading the event industry
-Scalpers will be clearly identified by their SmartTicket reputation.
-Massive ticket purchase from scalpers can be prevented by ensuring that event ticket distributions are personalized with any custom range on the number of tickets available.
-Lamoneda will ensure transparency through the use of blockchain as a foundation of high level transaction accountability on all parties involved.
-Lamoneda Smart tickets are fully programmable and are created in a fully transparentmanner to incorporate add-ons such as food, drinks and parking.
-Smart digital collection
-Lamoneda oracle
-Data analysis
-Forwarding contracts
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Name and Symbol: LMDA
Presale 1 LMDA = 0.00005 ETH
Crowdsale 1 LMDA = 0.00007 ETH
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