They are already using Ethereum blockchain to eliminate centralized ticket sales, counterfeit ticketing and excessive processing fees. Our EventChain alpha is already live to purchase tickets using EventChain tokens (EVC) on the Ethereum testnet blockchain. The cost of processing a ticketing transaction on our network averages 5 cents or less, significantly cheaper than the current ticketing systems available.
The Alpha Decentralized application has a “web2 sidechain” to harness these technological benefits with little technical expertise and is also fully functioning on desktop and mobile devices and also a web 3 backend for coders to be able to create events and sell or buy tickets using command lines. With EventChain, there will be no counterfeit tickets, overpriced resale markup, and no excessive processing fees in the event industry anymore
EventChainTM is an advanced decentralized blockchain token network that powers a unique smart contract ticketing system (SmartTickets™). EventChain solves many of the problems with current event ticketing systems available today while providing the additional benefits of using a blockchain as the foundation. Both the EventChain system and its tokens (“EVC Tokens”) encourages everyone in the ecosystem, including all stake holders such as event managers of sport and concert events, party organizers, social clubs and ticket purchasers to sell or buy SmartTickets using EVC Tokens and other traditional payment methods.
EventChain will provide a simple user interface for event managers to manage and execute SmartTicket sales globally for small to large events supported by the underlying blockchain technology and EVC Tokens, empowering a true peer-to-peer network for buying and selling tickets to events.
EventChain has the opportunity of becoming the first real world blockchain application that is widely adopted by the general public without any need to understand the underlying distributed technology.
Create Events Anywhere
Use the EventChain Mobile App or desktop client to create events and issue tickets.
Set Ticket Conditions
Peg ticket price floors, ceilings, or custom variables for resale tickets.
Set price controls, promoter commissions and spot scalpers with the EventChain reputation system.
Get a Ticket Quickly and Easily
Quickly purchase tickets on the EventChain app and enjoy.
Transparent and Fair
Blockchain tech displays the total tickets available, how many are sold and how many unsold tickets remain.
Build and grow your digital ticket wall and share event memories with friends/family.
Phase-1 Token Sale 1,140 EVC per ETH
Phase-2 Token Sale 920 EVC per ETH
Phase-3 Token Sale 800 EVC per ETH
Phase-1 Token Sale
Phase-1 will launch on September 13, 2017 at 4:00 pm UTC and will stay open until it is fully subscribed or EventChain decides to close the Phase-1 offering, at which time unsubscribed Phase-1 tokens will be allocated to the Phase-2. Upon the closing of Phase-1, ETH received during Phase-1 will be moved to EventChain’s multisig wallet to mitigate security risks.
Phase-2 Token Sale
The Phase-2 starts when the Phase-1 offering completes and also includes any unsubscribed tokens from the previous Phase to give participants a second chance to acquire EVC Tokens before the contribution period ends.
Phase-3 Token Sale
The Phase-3 starts when the Phase-2 offering completes and also includes any unsubscribed tokens from the previous Phases to give late adopters a final chance to acquire EVC Tokens before the contribution period ends.
Token Sale Period
Phase-1 and Phase-2 of the token sale will be available for a maximum period of 2 weeks. Any EVC Tokens remaining after the period will be vaulted for future use of EventChain as determined by its Board of Directors.
Funds Allocation – Years 1-3
58.4% - Marketing
18.1% - Development
12.1% - Operations
10.1% - Staffing
1.3% - Legal
54,600,000 EVC 65.00%
12,600,000 EVC 15.00%
8,400,000 EVC 10.00%
6,720,000 EVC 8.00%
1,680,000 EVC 2.00%
Ashton Addison - CEO
Hasham Ahmad - Lead Developer
Jesse Couch - Core Developer
Chong Foo Chaw
2017 Q4 - EventChain Professional SmartTickets
EventChain.js will integrate a SmartTicketing infrastructure which harnesses exclusive benefits enabling functional programming inside of SmartTickets.
2018 Q1 - EventChain Ticket Exchange Interface
EventChain will create a ticket exchange interface to enable users to effortlessly buy, sell and trade their authentic tickets in a matter of seconds. Users will utilize an interface that pulls available information from the EventChain database in order to exchange SmartTickets.
2018 Q1 - EventChain Database
The EventChain database will hold relevant information of user data, event information and ticket history. Storing excess data on the Ethereum blockchain can be very costly and ineffective at this point. By leaving the Ethereum blockchain focusing solely on completing transactions users will have a faster and smoother ticketing experience.
2018 Q1 - EventChain Oracle
An external Oracle will act as a communication channel between users and the Ethereum Blockchain for implementing further functionality into SmartTickets including smart contract functionality. Oracle based contract execution communicates to users with the Ethereum blockchain, verifying the validity of SmartTicket transactions in a reliable and efficient manner. The EventChain oracle will store external personal and historical data to remove excess computational stress from the blockchain.
2018 Q2 - EventChain Mobile Wallet Client
EventChain will develop a mobile platform for accessing the SmartTicket framework on both iOS and Android apps. With the majority of users transitioning primarily to mobile computing, these applications will likely be the principal source for buying and selling tickets conveniently. With the EventChain apps, anyone will be able to purchase a ticket for an event quickly and easily. An event goer could theoretically purchase a ticket outside of a venue and within seconds have an immutable ticket on the blockchain for attending an event.
2018 Q2 - EventChain Desktop Wallet Client
EventChain’s standalone desktop system will enable users to access EventChain’s platform from any computer or mobile device. It will also include an Ethereum ERC20 light wallet for holding and managing EventChain EVC Tokens and other ERC20 tokens, checking balances and quickly buying or selling SmartTickets with other users directly. In the case where purchasers don’t have a mobile device, printing a ticket or writing down the public and private SmartTicket keys on a piece of paper can prove SmartTicket ownership entering an event with no portable technology needed.
2018 Q4 - EventChain VR SmartTickets
EventChain in partnership with the SPH VR Network will release a Virtual Reality based VRTicketBox to purchase tickets for VR and non VR events.