INTRODUCTION
AMICORUM (Latin word close to the meaning of Gathering of Friends) is an innovative platform that will decentralize the ticket re-sale industry using blockchain and secure identity platform. The platform will be secure, transparent and free of any transaction/processing fees for buying and selling of only authenticated tickets in the secondary resale market.
Sellers will be able to list their tickets in fiat (using a market-feed oracle, the platform will calculate AMI prices at the time of purchase) that will be authenticated with smart contract and Buyers will be able to buy tickets with the AMI token (the new cryptocurrency based on Ethereum blockchain) at 0 transaction fee and 0 processing fees.
Rewards will also be offered to users for transacting on the platform.
PRE SALE STARTS ON April 1, 2018 WITH 20% Bonus Tokens
TOTAL SUPPLY DURING PRE-SALE – 20,000,000 AMI TOKENS
TOTAL TOKEN SUPPLY DISTRIBUTION
80%: Total ICO Distribution – 40,000,000
15%: Reserved for Founders/Management – 7,500,000
2%: Reserved for Advisors – 1,000,000
3%: Reserved for Marketing/Loyalty Purposes – 1,500,000
CURRENT PROBLEMS IN THE REAL WORLD
Even though we have seen a continuous growth in technologies and developments within the global ticketing industry, there are still a large number of problems including:
Transaction Fee – Although the seller is able to sell their tickets online, the buyer still needs to pay for the ticket, platform fee and a transaction fee that is charged by their bank. The AMICORUM.LIVE platform will take away this pain from the buyers and provide a seamless experience free from any transaction fee or bank fee. The platform will be used to sell tickets and buy tickets at the cost listed.
Untrusted/Counterfeit – Despite the usual warnings on the website asking buyers to only buy tickets from the box office or a reputable ticket exchange website, they still direly go straight into this problem. And even fuel it. The most usual case is when the same ticket is sold to 10-15 enthusiasts or even more. The first ticket holder to arrive gets to view the event or attend the concert/festival and the rest have to just go back home.
The problem creates a two-way issue – one for the enthusiasts who were keen on attending the event and spend a lot of money and other the organizers who could have sold one more ticket to the enthusiasts. At the least, there is no one winning here.
AMICORUM.LIVE will provide a platform with 0 transaction/processing fees and integrate it with a Secure Identity Platform to validate the authentication of the users and the tickets with smart contracts.
PROJECT OVERVIEW
AMICORUM.LIVE will be a web and app blockchain ecosystem that will provide secure, transparent and “0” transaction/processing fee platform for the ticket resale industry. Our core competencies will include eliminating fraud and use secure identity platform for validation of identity and tickets with smart contracts.
We will be taking proven traditional models and adapting it to the crypto economy with the core focus on niche markets – festivals and concerts only. It will be peer to peer ecosystem designed For mainstream adoption.MARKET AND SCOPE
GLOBAL TICKET RE-SALE - $8.9bln in 2016
TARGET MARKET – 20% of $24.55 billion by 2022
PROCESS
- Seller will list the tickets on AMICORUM.LIVE platform
- The secure identity platform will verify identity and ticket validation is confirmed by the smart contract.
- The platform will convert the cost of the ticket real time in AMI
- The buyer will review and confirm the purchase of the tickets in AMI Tokens
- The seller receives the full amount in their corresponding wallet address without any deductions (in AMI Tokens)
- The buyer receives the tickets in their online wallets once the transaction is confirmed and listed on the blockchain.
The platform automates all business processes related to listing, price conversion, sale, re-sale, rewards and redemption of the festival or concert tickets while timely distributing the funds associated with each sale.
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.
Please visit the website for further information and whitepaper - https://amicorum.live
Adrian Arora
Founder & InvestorLinkedInAdrian is the founder of AMICORUM.LIVE. He has been an ICO Strategist and Advisor of 2 successful ICO’s in 2017. He is a serial entrepreneur and venture crypto investor for the past 2 years. He brings over 11 years of hack growth experience working for a top technology SaaS Company in the US.
A visionary and aspirer to develop a world-class peer-peer ecosystem for people around the world.
Sam Kalra
CO-Founder and Head of Investor RelationsLinkedIn Sam is a business Professional with over 8 years of experience in functional domains, primarily in Client/Account Management, Technology Solutions and Operations. With an overall exposure of 6 years working in 3 different countries, she is a capable leader who is result oriented.
She has been an active investor in Crypto Currencies for the past 3 years.
Kanwar Arora
Head of Financial AnalysisLinkedIn Kanwar joined AMICORUM.LIVE as the Head of Financial Analysis. A Lead Analyst by occupation, he is a performance-driven operations controller with experience in financial management. He will provide strategic and financial planning advice and lead the corporate forecasting process. He has been a proven analytical professional with project management and project execution at the top level.[/size]
Ali Zain is our part of the Core Blockchain Development Team. He is also the CEO of Ideofuzion with expertise in ICO website development, smart contract generation and platforms on blockchain technology. He has been responsible for successfully helping his clients launch 5 different ICO projects in the past years and worked on 15 different website development projects. He has also worked with iScrybe as a front-end developer for the product Convo for about 1.5 years.
Sang Hyeon
Community Manager – KoreaLinkedIn Sang Hyeon is one of the famous blockchain evangelists in Korea. Not only did he invest in various cryptocurrencies, he is also an influential blogger to introduce various cryptocurrencies. He was president of the National Youth Economics and Management Association and hosted a national youth enterprise planning camp. He is currently attending Kookmin University.
Damira Baigozha
Marketing & ICO SMM – SE - ASIALinkedIn Damira is our ICO SMM – Marketing and Business Development Associate. She brings 3 years of combined experience in ICO Marketing, wealth generation for ICO’s and outreach.
Simon Cocking is Senior Editor at Irish Tech News - now getting 470,000 unique monthly views, Editor in Chief at CryptoCoinNews, and freelances for Sunday Business Post, Irish Times, Southern Star, IBM, G+D, and others.
He is a top-ranked member of the ‘People of Blockchain’ (currently ranked at #1 / 18,000). He is also a business mentor and advisor working with 80+ successful ICOs to date. He also has been named in the Global Twitter Influencer lists in the last 12 months. He is an accomplished public speaker at events including TEDx, Web Summit, Dublin Tech Summit, and overseas in Dubai, Singapore, Moscow, Tel Aviv, Madrid, Tbilisi, Riga, Porto, Dublin and Helsinki in the last 12 months. He has been based in Ireland for over 22 years and has co-founded or founded seven successful companies.
Simon joined AMICORUM.LIVE as an Advisor to help with marketing strategy, increasing footprint and investor relations in Ireland and Europe.
Amar is one of the leading advocates and contributing member of Global Blockchain community, Senior Advisor of Global Blockchain Foundation, ICOBench rated top 'Expert' and is Advisory Board Member of many Blockchain projects around the world.
A Technology/Digital enthusiast and a seasoned professional with years of experience in operations, consulting and innovation of the Tech industry, Amar’s background includes working with Tier 1 firms such as Microsoft (APOC Operation Manager), the World Bank (Senior Infrastructure Consultant and Economic Advisor), Airbus etc., and advising startups and speaking at various technology forums. His educational background includes B.E. (Computer Science) and three Masters degrees from three Universities around the globe (including MBA from National University of Singapore).
Amar has joined AMICORUM.LIVE as an Advisor to increase footprint in the SE Asia region and helping with investor relations.
With a Master’s Degree in Information & Telecommunication Technology, he brings over 10 years of experience in advising on new companies. He is the CEO & CO-Founder of JatBit, Co-Founder of Bandz Network and currently a Doctorate candidate at KAIST.
He has been formidable advisor for 5 successful ICO’s in the past 2 years, including FarmaTrust, Dellbit and OpenChain. He is the Editor at IEEE (the world’s largest professional association dedicated to advancing technological innovation and excellence for the benefit of humanity). Previously, he worked as Deputy Project Director Cyber Incident Response Team at Government of Pakistan and IT Consultant of International Taekwondo Foundation.
He has successfully completed 8 certifications in Security and has had 3 publications.
DoYeop Kim
Investor Relations Advisor - South KoreaLinkedIn As a former official of the United Nations, Do brings extensive experiences working in conflict and post-conflict settings. Having been appointed to various leadership roles, most recently served as Tactical Commanding Officer, he has proven track record to strategies and lead various operations.
Joining AMICORUM.LIVE, Do will help to build investor relations in South Korea.
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ICO RATINGS AND PRESS RELEASE
CONTACT INFORMATION
[BOUNTY] AMICORUM.LIVE Campaign 1,000,000 AMI TOKENS
