What is Amicorum?
Amicorum is a project that wants to change the way tickets are being sold. They want to solve this with an innovative platform that is based on blockchain technology.
What are they trying to solve
Amicorum creates a new platform with support of blockchain technology to be used for resale of tickets for events.
This system will eliminate fraud because all tickets will be validated using a transparent and decentralized system. An innovative ecosystem that will change the way this is done today and decentralize resale of tickets with a safer protocol that verifies the identity of the buyer. The platform could be deployed by events by using their own customized AMI token that uses smart contracts on Ethereum's blockchain.
The platform gives several benefits.
Low Fees
By buying tickets through Amicorum, you will avoid to pay high transaction and processing fees.
Counterfeit Tickets
The tickets will be validated by the blockchain, so you won't have to worry about counterfeit tickets.
Second Hand Sellers
In most popular events, a few people hoard tickets once the sale starts so they can sell them for a higher price on the second hand market. With Amicorum you won't have to worry about that, as the blockchain will prevent people from cheating the system by hoarding tickets.
Token
This is an ERC20 type token which means that these can be stored on an Ethereum address. The token will be released on several crypto exchanges after the ICO. According to their business plan, the final product will be launched at the beginning of next year.
The total supply of AMI is 50 million, and 40 million (80%) will be released during the token sale.
Team
The team consists of 9 members with the support of 4 advisors. The team is led by Adrian Arora (CEO) and Sam Kalra (Head of investor relations). The advisor board includes two the most renowned advisors at ICObench, Amarpreet Singh and Simon Cocking.
ICO
Amicorum is now implementing its token emission and has already reached its minimum requirement of 3 million dollars (soft cap). Together, they have hopes to collect a total of 20 million dollars that will be used for the development and marketing of the platform (hard cap).
The pre-sale is over in 6 hours, so make sure to be quick if you want to get discounted AMI tokens. The public ICO will start 24 hours after the pre-ICO finishes.
Click HERE to read the whitepaper
More information about the product, the team behind and ICO can be found on their website: https://amicorum.live/