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Topic: EventChain ⚡Solving Ticketing Problems on the Blockchain - page 64. (Read 48121 times)

full member
Activity: 616
Merit: 145
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Secondary ticketing is not well seen by artists/musicians, it not generate more income for them, it's a just a thing for fuck up customers
sr. member
Activity: 882
Merit: 277
If i had a dollar for every "had i known"
Quote
Whitepaper Page 9
EventChain  will  have  an  integrated  ticket  resale  reputation  system,  allowing  
event ticket vendors and resellers to build and grow their reputation as they sell
SmartTickets. Scalpers will be clearly identified by their SmartTicket reputation

On the one hand you want to stop blackmarket tickets, but there is still the option for resellers to sell on your marketplace. How do you regulate this? If someone for example buy one or two tickets for a great event which he can be sure it will be sold out after minutes and then could ask for double the price or something, will there be a regulation on your marketplace?
my guess is that either they won't allow tickets to be sold for a markup or there will be a limit placed on the percentage of mark up allowed.
Hello, noob question here, is that something called blackmarket?
i thought its normal and can be called investment.

Of course, you can also put it that way  Smiley. Actually, I don't have a problem with people who buy 2-3 tickets additionally to their own and resell them to earn a few Euros, but scalpers buying up all tickets and then resell them to the real fans for an outrageous price is imho almost criminal.
I think its like whales investing in an ICO.
But if the scalpers bought the tickets in an abnormal way, like they're already cooperated with the seller, then it's something that's pretty bad.

FYI : i dont know anything about ticketing business before

Yes if it were just individual buying extra 2 or 3 tickets, that wouldn't be an issue. But the common practice now is to have mega scalpers who buy out the entire tickets from top acts in just several minutes after it goes on sale. Then the same tickets are sold to real fans who never had the chance to fairly bid on a ticket. Such a practice needs to be regulated or better yet stopped. The reference artist is not making anything extra from the severe markups and the dedicated fans are been fleeced. When an event is organized, the targeted demographic aids in determining the price for the tickets and when the targeted demography can't afford the tickets due to mega scalpers then there is a problem with such system.
full member
Activity: 490
Merit: 100
Quote
Whitepaper Page 9
EventChain  will  have  an  integrated  ticket  resale  reputation  system,  allowing  
event ticket vendors and resellers to build and grow their reputation as they sell
SmartTickets. Scalpers will be clearly identified by their SmartTicket reputation

On the one hand you want to stop blackmarket tickets, but there is still the option for resellers to sell on your marketplace. How do you regulate this? If someone for example buy one or two tickets for a great event which he can be sure it will be sold out after minutes and then could ask for double the price or something, will there be a regulation on your marketplace?
my guess is that either they won't allow tickets to be sold for a markup or there will be a limit placed on the percentage of mark up allowed.
Hello, noob question here, is that something called blackmarket?
i thought its normal and can be called investment.

Of course, you can also put it that way  Smiley. Actually, I don't have a problem with people who buy 2-3 tickets additionally to their own and resell them to earn a few Euros, but scalpers buying up all tickets and then resell them to the real fans for an outrageous price is imho almost criminal.
I think its like some whales investing in an ICO.
But if the scalpers bought the tickets in an abnormal way, like they're already cooperated with the seller, then it's something that's pretty bad.

FYI : i dont know anything about ticketing business before
full member
Activity: 518
Merit: 101
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Quote
Whitepaper Page 9
EventChain  will  have  an  integrated  ticket  resale  reputation  system,  allowing  
event ticket vendors and resellers to build and grow their reputation as they sell
SmartTickets. Scalpers will be clearly identified by their SmartTicket reputation

On the one hand you want to stop blackmarket tickets, but there is still the option for resellers to sell on your marketplace. How do you regulate this? If someone for example buy one or two tickets for a great event which he can be sure it will be sold out after minutes and then could ask for double the price or something, will there be a regulation on your marketplace?
my guess is that either they won't allow tickets to be sold for a markup or there will be a limit placed on the percentage of mark up allowed.
Hello, noob question here, is that something called blackmarket?
i thought its normal and can be called investment.

Of course, you can also put it that way  Smiley. Actually, I don't have a problem with people who buy 2-3 tickets additionally to their own and resell them to earn a few Euros, but scalpers buying up all tickets and then resell them to the real fans for an outrageous price is imho almost criminal.
full member
Activity: 448
Merit: 107
Very good initiative, i like the project. Ticket sell need a crypto application right now, the market is really huge and continue to growth every years. Ticket market need to be more controlled, so sad to have to buy ticket 10 time the normal price or to see expensive fees and couterparty to buy ticket. I think Eventchain is really a good idea and will revolutionate the ticket market, especially with crypto and blockchain application !
full member
Activity: 490
Merit: 100
Quote
Whitepaper Page 9
EventChain  will  have  an  integrated  ticket  resale  reputation  system,  allowing  
event ticket vendors and resellers to build and grow their reputation as they sell
SmartTickets. Scalpers will be clearly identified by their SmartTicket reputation

On the one hand you want to stop blackmarket tickets, but there is still the option for resellers to sell on your marketplace. How do you regulate this? If someone for example buy one or two tickets for a great event which he can be sure it will be sold out after minutes and then could ask for double the price or something, will there be a regulation on your marketplace?
my guess is that either they won't allow tickets to be sold for a markup or there will be a limit placed on the percentage of mark up allowed.
Hello, noob question here, is that something called blackmarket?
i thought its normal and can be called investment.
sr. member
Activity: 882
Merit: 277
If i had a dollar for every "had i known"
Quote
Whitepaper Page 9
EventChain  will  have  an  integrated  ticket  resale  reputation  system,  allowing  
event ticket vendors and resellers to build and grow their reputation as they sell
SmartTickets. Scalpers will be clearly identified by their SmartTicket reputation

On the one hand you want to stop blackmarket tickets, but there is still the option for resellers to sell on your marketplace. How do you regulate this? If someone for example buy one or two tickets for a great event which he can be sure it will be sold out after minutes and then could ask for double the price or something, will there be a regulation on your marketplace?
my guess is that either they won't allow tickets to be sold for a markup or there will be a limit placed on the percentage of mark up allowed.
full member
Activity: 490
Merit: 100
Holy shit. Aventus public sale sold out within 10 minutes. There seems to be lot of interest in blockchain ticketing solutions.

It would not surprise me if EventChain would pull the same next week. 3, 2, 1 ... it's gone. Smiley Interested investors should better be fast if they want to participate.

Right, looking at the success of Aventus as a similar project gives a good idea how popular a blockchain based ticketing system could be.

We will see, the one who goes first will be the winner in this game, like ebay.
But, it has to be very userfriendly, thats an important point.
It should running without any tech skills from a smartphone like a charme.
Then it will be a success. Dont forget the older people, it must be very easy to use.

But according to the comparison between both projects that was posted earlier, EventChain is targeting more the North America Region, while Aventus wants to focus on Europe. So at first they wont be direct competitors. Maybe when both try to go global, we will see who is going to be the winner in this game.
Correct, they have different targets, so it wont be a tough competition for now.
full member
Activity: 616
Merit: 145
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I can write a book if I start speak on my experience with tickets (went to many live shows in my country and accross Europe). Well this is really needed, I saw too much overpriced fees, secondary ticketing (I've seen many times tickets with 4-5X price as the original price), people buying 10 tickets with one purchase to sell them outside arenas/stadiums etc....
full member
Activity: 574
Merit: 115
what is difference with competition like Aventus or blocktix? looks nice project but trying to figure out difference.

It's the first time I hear about blocktix, but the comparison table with Aventus and EventChain has been posted about a 1000 times now on the past few pages Wink
hero member
Activity: 686
Merit: 500
what is difference with competition like Aventus or blocktix? looks nice project but trying to figure out difference.
hero member
Activity: 1113
Merit: 507
Don't Get Involved
nice logo, hopefully, your ico run as planned and target to be achieve
full member
Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
In the WP is stated that the amount of tickets available for a single purchaser can be fixed. Is this done by the Eventchain platform? Or by the particular event manager?
full member
Activity: 336
Merit: 112
Quote
Whitepaper Page 9
EventChain  will  have  an  integrated  ticket  resale  reputation  system,  allowing  
event ticket vendors and resellers to build and grow their reputation as they sell
SmartTickets. Scalpers will be clearly identified by their SmartTicket reputation

On the one hand you want to stop blackmarket tickets, but there is still the option for resellers to sell on your marketplace. How do you regulate this? If someone for example buy one or two tickets for a great event which he can be sure it will be sold out after minutes and then could ask for double the price or something, will there be a regulation on your marketplace?
full member
Activity: 392
Merit: 100
sell ticket with smart contract make the sales transparent , seems make resell ticket easier.
member
Activity: 107
Merit: 10
Only the translation of the reward? I like this project, but I will not translate, I want to hold some valuable token
sr. member
Activity: 350
Merit: 250
Holy shit. Aventus public sale sold out within 10 minutes. There seems to be lot of interest in blockchain ticketing solutions.

It would not surprise me if EventChain would pull the same next week. 3, 2, 1 ... it's gone. Smiley Interested investors should better be fast if they want to participate.

Right, looking at the success of Aventus as a similar project gives a good idea how popular a blockchain based ticketing system could be.

Ticketing is an industry that really needed a change, and blockchain is a perfect way to do it, now a little competition in the same segment could really help make viagogo obsolete, so events and event tickets will have a rough start, Viagogo and other websites have allocations agreement, so making an already very profitable scam useless will take time, but eventually, the transparency of the blockchain will win in the end, I will give this 2 years for it to change and make event-chain very profitable Cheesy.
sr. member
Activity: 770
Merit: 250
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Holy shit. Aventus public sale sold out within 10 minutes. There seems to be lot of interest in blockchain ticketing solutions.

It would not surprise me if EventChain would pull the same next week. 3, 2, 1 ... it's gone. Smiley Interested investors should better be fast if they want to participate.

I think it would be going much slower.
Aventus did some very great marketing, I already was involved in Aventus months ago. They delayed there ICO, did some very good blogposts, build a great community. If Aventus would have done there ICO when it was planned they wouldnt sold out so fast. They also had a huge bounty campaign.

This ICO will go very well because its such a good project/platform but will not go that fast.

It is fine, when it doesn't sell out within 10 min.
Fast is not always good. Some investors go to work and could not take part, if it would be in the morning and sold out after minutes Smiley
Its better to have 1000 investors with low BTC, than 10 whales with high BTC.
sr. member
Activity: 882
Merit: 277
If i had a dollar for every "had i known"
The transparency in blockchain should propel the next economic boom and partially encourage wealth distribution. Anyway, I love that it will even out the playing field. It sucks that individuals with big bank easily buy out tickets from huge acts within seconds then turn around and sell the aforementioned ticket with a 10-50% markup, the next day.
sr. member
Activity: 630
Merit: 276
Holy shit. Aventus public sale sold out within 10 minutes. There seems to be lot of interest in blockchain ticketing solutions.

It would not surprise me if EventChain would pull the same next week. 3, 2, 1 ... it's gone. Smiley Interested investors should better be fast if they want to participate.

I think it would be going much slower.
Aventus did some very great marketing, I already was involved in Aventus months ago. They delayed there ICO, did some very good blogposts, build a great community. If Aventus would have done there ICO when it was planned they wouldnt sold out so fast. They also had a huge bounty campaign.

This ICO will go very well because its such a good project/platform but will not go that fast.
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