AMICORUM.LIVE ICO PLATFORM

The buzz about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day.

People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is a enormous base of information where we can do anything. Internet has connected the entire world. One of these projects is AMICORUM is a crowd sourced Blockchain-based peer-peer ecosystem for ticket resale of music festivals and concerts around the globe.

About Amicorum.Live

AMICORUM.LIVE is a platform for the people, by the people and of the people. AMICORUM Latin word meaning Gathering of Friends) is a crowdsourced blockchain - based marketplace and peer - peer ecosystem for ticket resale of music festivals and concerts. Buyer’s (Festival/Concert enthusiasts) will be able to buy tickets (that are re-sold) with the AMI token (the new cryptocurrency based on Ethereum blockchain) from the Sellers at 0 transaction fee and 0 processing fees.

AMICORUM.LIVE is an Innovative Ecosystem that Will Disrupt and Decentralize the Ticket Re-Sale Markets using blockchain and Secure Identity/Ticketing Protocol. The platform will be a peer-peer ecosystem that will provide secure, transparent and “0” transaction/processing fee-based platform for the ticket re-sale industry — eliminating transaction costs, fraud and empowering ticket buyers.

AMICORUM.LIVE is a platform for the people, by the people and of the people. The platform will be powered by AMI Tokens. The ERC20 compatible token will be the only Utility tokens that will be used on the platform for sale and purchase of tickets in the secondary re-sale market. The tokenization model focuses on real time conversion of ticket price into AMI Tokens (value from exchange) and usage by both buyers and sellers.

The AMI token will be listed on exchanges (to be announced) and will be transferrable to other cryptocurrencies and fiat currencies, it will be the only means of transaction on the AMICORUM.LIVE platform.

While this revolution is gaining wide acceptance let's look at AMICORUM.LIVE as an innovative blockchain ecosystem that will disrupt the music festival/concert ticket ecosystem and decentralize the ticket re-sale markets.

Check out the video presentation below:

The blockchain ecosystem will be used for the platform, its visitors, buyers and sellers and KYC setup.Once the user has created the profile and verified via KYC(entering personal information, ERC20 compatible wallet), they will be able to list their tickets for sale.

The ticket holder will upload the tickets with the essential information –number of tickets, ticket type, barcode (authenticated by the platform), ask price ( in FIAT). The platform will convert the ask price from FIAT to AMI Tokens and confirm the listing of tickets on the platform. A confirmation email will be sent to the seller with all the information.

They will be able to de- list the tickets and edit/delete profile information. The buyer logs in to the platform and searches for the event. The available tickets will be displayed in the initial order of relevance, price and other information. The buyer can buy the ticket at the price listed in AMI tokens. If the buyer does not have AMI Tokens in their wallet, they can purchase the tokens real time from the exchange and transfer them to their wallet.

Once the buyer confirms transaction and the network confirms hash transaction, the ticket will be automatically listed under the account of the buyer and tokens will be transferred to the seller. So essentially, there is no third party to handle the exchange and no transaction charges from these parties.

Once the AMI tokens are transferred to the seller’s wallet, they can withdraw the mat any point in time and exchanged for fiat on the listed exchanges. The platform will not show that ticket or order under the new list of re-sale tickets Wallets You can keep AMI tokens in any wallet that supports ERC20 tokens. For example, in the MyEtherWallet.

AMI Token

The AMI token is based on the decentralized ethereum market standard smart contract ERC 20 token. Formed within the blockchain and subject to automatic execution upon the occurrenceof pre-defined criteria and events.

Total Supply – 50,000,000
Hard Cap - $20M
Softcap - $5MToken Distribution
80% Total ICO Distribution – 40,000,000
15% Reserved for Founders/Management – 7,500,000
2% Reserved for Advisers – 1,000,000
3% Reserved for Marketing/Loyalty Purposes – 1,500,000