Topic: EventChain ⚡Solving Ticketing Problems on the Blockchain - page 53. (Read 48144 times)
Eventchain could disturb all the tickets distributors and change the system of this sector. The idea is good, the platform is a necessity so if the team is honest and work hard could really become interesting.
This platform has massive potential, there are so many variations as to how you can setup an event, and a myriad of customizations. Where is this startups physical location, and is the ICO selling a token or a security? Can American investors participate in the initial coin offering? This project is a sight for soar eyes.
That's not "rock solid" or stable and could be interpreted as a poor attempt at market manipulation.
What hard cap and soft cap? And how many tokens will be in total?
55 million EVC hard cap total.
What hard cap and soft cap? And how many tokens will be in total?
I am happy to see that such a good platform could be built. I have worked in the concert events and i know that the companies that sell for us the tickets tooks a big commission. Things has to be done and videhub could be a solution.
So, eventchain won't charge anything or very little? Still, not clear to me.
Yes, no processing fees on SmartTickets transactions. Tickets will be cheaper for fans and directly paid to artists or promoters!
Some say a little fee. Some say no fee. What's the reality?
I'm planning to implement EventChain somewhere but I'm confused about the fee.
No fees would be unrealistic, wouldn't it? The company/devs must be paid at one point of the game, the system has to run etc pp. Probably they will be cheaper then normal fees.
Addressing the confusion regarding fees, the misunderstanding is that fees will not be passed on to the customer. There is no reason a ticket buyer should pay a fee just to buy a ticket. However, if a marketplace wants to add fees and other added value like insurance or whatever then fees could be acceptable to buyers. As a rule though EventChain has no need to charge fees since we are the event hub, so promoters will pay us a fee to promote and deploy their events etc. This is the gist of the fees structure.
Ah thanks for the explanation! So you charge fees but these fees are coming from the event promoter/company. So every promoter will make his own fee structure on your service, but no other fees from your site for the customers, right? But if every promoter is making their own fee structure it still could go into expensive rates, couldn't it? Will there be a system intern fee cap?
We can't cap fees as the market decides if a ticket is worth buying. If the promoter overprices then they sell no tickets. So we will have different pricing mechanisms depending on the scale of the event etc. The simplest fee for us would be the price of a single ticket, the more complex contracts which require custom contracts might earn us a small percentage of ticket revenue.
Do I understand correctly that you can also buy the tickets on the EventChain platform with fiat currency? So I guess the fiat will be instantly converted to EVC Tokens in the background or how does the currency conversion work?
Correct! That is the idea, although we have to evaluate the price mechanics a bit more thoroughly. Fundamentally we will be acting as a dedicated EVC exchange.
How are you going to keep the price from dumping during the development? I like the general idea and would use it if it goes live, but i dont get how i am going to trade it. Maybe it was.asked before.
Development to Beta won't take long since Alpha is already well developed. We will be maintaining interest by announcing partnerships over the following 6 months and releasing previews and bounties.
In which areas do you want to sell tickets? this is a huge market.
EventChain Smartickets can be used by event creators or organizers anyone and anywhere in the world who need a ticketing platform.
In which country this will be working? This will be for limited countries?
First there will be North America, and in half a year we will be on the European market.In which country this will be working? This will be for limited countries?
First there will be North America, and in half a year we will be on the European market.
On the alfa version , you can buy the ticket to see the Daft Punk in Tokyo on 28 september for 25.7 EVC/ ticket, you can see the Lion King le 6 october in London for 70.25 EVC.
Lets hope those numbers arent correct
I prefer Daft Punk over the Lion King
Do I understand correctly that you can also buy the tickets on the EventChain platform with fiat currency? So I guess the fiat will be instantly converted to EVC Tokens in the background or how does the currency conversion work?
It will only be possible with the EVC Tokens. Its possible to exchange fiat to EVC tokens
On the alfa version , you can buy the ticket to see the Daft Punk in Tokyo on 28 september for 25.7 EVC/ ticket, you can see the Lion King le 6 october in London for 70.25 EVC.
Are those real or only mockup to simulate?
Just discovered this project and from what I've read, it definitely sounds like this project will easily be able to fill this gap in the market and solve this (ever-growing) problem - assuming that the project manages to achieve what's listed on the roadmap. I'll have to keep researching this project for the next few days, but I think I'll be participating in the token sale.
On the alfa version , you can buy the ticket to see the Daft Punk in Tokyo on 28 september for 25.7 EVC/ ticket, you can see the Lion King le 6 october in London for 70.25 EVC.
In which country this will be working? This will be for limited countries?
First there will be North America, and in half a year we will be on the European market.
Good project, if applied to the Chinese New Year transport, it will be unlimited market.
In which country this will be working? This will be for limited countries?
First there will be North America, and in half a year we will be on the European market.
Event market really need to be decentralized. The actual management is really expensive and fees are really huge. Promoter who will use event chain will simplify the sell process. Fan will buy their ticket directly to Artist and a lower price, its good things and the market for that is really huge, so much people buy ticket.
I am happy to see that such a good platform could be built. I have worked in the concert events and i know that the companies that sell for us the tickets tooks a big commission. Things has to be done and videhub could be a solution.
So, eventchain won't charge anything or very little? Still, not clear to me.
Yes, no processing fees on SmartTickets transactions. Tickets will be cheaper for fans and directly paid to artists or promoters!
Some say a little fee. Some say no fee. What's the reality?
I'm planning to implement EventChain somewhere but I'm confused about the fee.
No fees would be unrealistic, wouldn't it? The company/devs must be paid at one point of the game, the system has to run etc pp. Probably they will be cheaper then normal fees.
Addressing the confusion regarding fees, the misunderstanding is that fees will not be passed on to the customer. There is no reason a ticket buyer should pay a fee just to buy a ticket. However, if a marketplace wants to add fees and other added value like insurance or whatever then fees could be acceptable to buyers. As a rule though EventChain has no need to charge fees since we are the event hub, so promoters will pay us a fee to promote and deploy their events etc. This is the gist of the fees structure.
Ah thanks for the explanation! So you charge fees but these fees are coming from the event promoter/company. So every promoter will make his own fee structure on your service, but no other fees from your site for the customers, right? But if every promoter is making their own fee structure it still could go into expensive rates, couldn't it? Will there be a system intern fee cap?
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