AMICORUM.LIVE - Ticket Resale Blockchained

Humanity has always craved for fine arts and one among the five fine arts is Music. Music has always been a companion of humankind since time immemorial. It allowed for them to vent out their feelings or helped them relax after a days hard work. Music has no boundaries, has no language or any barriers and this is why people call music to be an universal language.

Music and other fine arts are sought after treasures and nowadays we rever an artist more than anyone else, as they provide a gateway for them to express their feelings and thoughts without letting anyone else know. It is as if they are singing specifically to us alone, as if they experienced it along with us. They gave us company during our lonely and boring times.

Music concerts have always been places where like-minded people come together and enjoy, leaving all their worries, problems and work behind. It lets them vent out some steam and have a new experience all the while mingling and making new friends all along. One has to go a music concert to know the insane feeling that one gets when all that you care is right there and right now, enjoying with no worries.

The Music industry is a multi-billion dollar industry with thousands of concerts happening throughout the year, with millions of attendees at those. These are all huge numbers, and so huge revenues. Previously one had to wait in line to get a ticket or buy it physically from someone else, that too in black or for a much higher rate. But with the advancement of technology, there has been a lot of changes in the way we procure tickets. The world has become a global village with the advances in air travel and availability of Internet to all. Before, you could economically and practically buy tickets for any concert happening only at your locality or within your state. It was unthinkable of going to a huge fest or concert that you'd heard somewhere at your nation or at nearby countries.

But now, one could get anything, I mean literally anything, from anywhere, and this include concert tickets. There are a lot of middlemen and there is also the questionable authenticity of the ticket when you purchase a second hand ticket.

AMICORUM.LIVE Platform

They are planning on solving the above mentioned problems by introducing a platform based on Blockchain for the resale of Music Tickets. This brings about a lot of advantages over traditional sites and systems in place. Being powered by the Blockchain, it is decentralised, which means the users have the power of say over the workings and prices on the platform.

It is also more secure than traditional systems. It is also transparent, allowing for anyone to be able to view all the transactions and verify the authenticity of the tickets.

ICO & Team

They are planning to power their platform by introducing the Amicorum (AMI) Token which is based on Ethereum's ERC-20 Token standard. Their Pre-Sale is currently in progress and they plan on holding their Main-Sale on 1 August. It requires for you to be Registered, Whitelisted and KYC Verified in order to be able to participate in the ICO.

The Founders and rest of the team has experience in Blockchain, Community Management and Design respectively. The advisory board consists of renowned and experienced Blockchain Analysts, Advisors, Investors, Entrepreneurs who also bring along their expertise in fields of Business Development, Blockchain, Investments and Finance.

Conclusion

They have a really unique idea of bringing about the advantages that Blockchain offers to this still relevant and multi-million dollar industry. The field has not much competition from the Blockchain space, though there are well-established players in the traditional space and they must take that into account and base their further strategy.

Their Team and advisory board composition is small and has not passed KYC Verification at many of the ICO sites which leads to the reduction in their credibility and a co-founder has different titles at their website and at their LinkedIn page.

ICO industry is at a nascent stage and one must be as careful, if not more when treading these waters, taking similar precautions and risk reductions as we would when investing in stocks and such.

Website - https://amicorum.live/

Whitepaper - https://account.amicorum.live/WhitepaperEnglish.pdf

Telegram - https://t.me/joinchat/IAPTFAnbFEx2gjtuw23RCA

ANN - https://bitcointalk.org/index.php?topic=3032839.0

Published by - wilsonbyrne

Profile - https://bitcointalk.org/index.php?action=profile;u=1936048