Eticket4, an international p2p-marketplace for buying and selling tickets for sports, music, theater and other events to secondary market participants, announces the start of the ICO on March 5.
Traditionally, at major international events, such as the Olympics or the FIFA World Cup, or at concerts of world stars, the demand for tickets exceeds the offer. A large number of tickets are sold in the secondary market, including on platforms such as StubHub, Viagogo and Eticket4. For example, at the FIFA Confederations Cup, which took place in Russia last year, about 40% of tickets were bought in the secondary market, and ticket brokers for resale earned up to $ 13 million. At the World Cup, the figures will be even greater, because the demand the tickets are much higher. P2p-marketplace Eticket4 has always guaranteed to all participants the reliability and transparency of the transaction, but with the integration of blockchain technologies and ET4 tokens, buying tickets can become even more profitable, reliable and convenient. Depending on the scenario and the event, the economy of the ET4 token allows to offer discounts on tickets from 20 up to 100%.
The first week of ICO will be able to buy tokens ET4 those investors who subscribed to the whitelist. In addition, anyone who enrolls in the whitelist before the start of the ICO gets a guaranteed 10% bonus.
ICO will last until March 30. Soft cap – 100 ETH, hard cap – 13 800 ETH, the maximum number of ET4 tokens – 30 million. The price of the token is fixed and equal to 1/1000 ETH. Tokens can be bought for ETH and BTC.
During private sale and pre ICO in early February, the company ahead of time reached the hard cap, selling 800,000 tokens ET4 (not including bonuses). Now the company plans to collect investments to scale the platform to international markets, integrate blockchain technologies, neural network technologies to analyze real-time demand and supply definitions, and launch other products for brokers and organizers. ICO will be divided into several stages with different offers for investors.