BlockTix (TIX) - Decentralized Event Ticketing System

Given the fact that the event industry generates nearly $1 trillion every single year, it is clear that there is a need for an event ticketing system (such as BlockTix) that is both economical and impervious to fraud and counterfeiting.
BlockTix, one of the world's first decentralized event ticketing platforms being developed in the Netherlands, aims to be the solution that event management agencies the world over have only dreamed of.

What Is BlockTix?

BlockTix is an Ethereum-based platform that uses blockchain technology to transfer ticket ownership in a safe, efficient, effective manner. Companies and individuals alike will be able buy and sell tickets to any event with ease and there are no delays in transfer of ownership. What is more, the overhead for using BlockTix is nearly non-existent, enabling ticket sellers to save tens of thousands of dollars that would have otherwise been spent on advertising and surcharges.

What Kind Of Potentials Do Blocktix Have?

BlockTix's unique plan for bringing in new users could potentially make their tokens the very first widely adopted cryptocurrency. BlockTix plans to host a series of concerts and attendees will be required to pay using their branded currency. Additionally, users with BlockTix in their wallets will receive a fee every time they view in-application event advertising.

Why Should I Invest In Blocktix (TIX) ?

BlockTix has the ability to put measures in place to prevent ticket scalping and other scams. Because all exchanges take place using their currency, scalpers would not be able to buy the tickets on BlockTix and then sell them easily on another platform. What is more, their platform does not collect information but does make it easy for users to see if a particular individual is reselling one or more tickets at a profit.

Given the fact that there are over 1.8 million organized meetings per year in the United States alone, it is not hard to envision the passionate enthusiasm that a platform such as BlockTix could generate. Up to 205 million people attend events every year and the industry contributes up to $106 billion to the national GDP annually.

The ability to sell tickets to a large, interested audience without paying a surcharge or having to worry about fraud and counterfeits is sure to be just too good to pass up. What is more, companies will be able to purchase BlockTix and use them to pay for event advertising on the platform.

It may take some time for event management firms to catch on to all that BlockTix has to offer but the platform has just the right combination of incentives to ensure its success.

Who Are The Team Behind Blocktix?

1. Rob Schins, CEO

BlockTix CEO Rob Schins has a great deal of experience in his field. Rob is responsible for taking projects from the concept stage into completion. He has previously worked for Blackcoin, Vodafone and Data4 Information Technology.
Read an insightful interview with Rob Schins on https://blog.blocktix.io/blocktix-adds-new-team-member-rob-soepkip-schins-b0b2000526f3

1. Ryno Mathew, CTO

CTO Ryno Mathee is the BlockTix architect. He is also the founder of ShadowCash and the Lead Developer of the Particle Project.

Ryno has extensive experience working in system administration, database administration, website development and many other related lines of work. He also has an impressive track record in cryptocurrency development.

Connect with Ryno Mathee on his Linkedin page: https://www.linkedin.com/in/rmathee?ppe=1

1. Gerlof van Ek, Chief Designer

Gerlof van Ek is the lead designer for the company. He has more than fifteen years of experience in his field and has worked for reputable international companies such as Disney and Yves Rocher.

In addition to working with graphics, UI-UX and branding, he has also successfully managed crypto and blockchain projects.

His eye for details and UI design will bring the BlockTix platform a level of unparalleled ease of use.

1. Marshall Hayner, Chief Advisor

Well known investor and cryptocurrency veteran, Marshall Hayner, founder of Metal (MTL), is acting as the BlockTix team's chief advisor. Marshall Hayner is best known as one of the earliest investors in Bitcoin technology and brings a lot to the table for the BlockTix team.

He has a passion, as well as a talent, for helping others understand the potential of cryptocurrencies and learn how to adopt these new technologies in their day to day lives.

What The Speculations For The Future Of Blocktix?

There are two reasons why I like Blocktix. Firstly, with a market cap of $7 million on nearly two-thirds of the total supply and a very large target market it looks cheap – this one certainly isn’t priced for success right now. Secondly, this is another project with a clear and credible plan to reach mainstream users outside of the cryptocurrency community; that is something which many projects lack and which I think is incredibly important.

Blocktix will use funds from their ICO to put on a series of events whose sole purpose is to introduce as many new users to the platform as possible. They will do this within a clearly defined niche and geographic area, in order to gain the necessary momentum to push forward and attract other promoters to use their platform.

How To Get Involved?

The maximum supply of BlockTix tokens is currently 62,500,000. Many of these tokens were offered at the company's recent ICO; however, those who did not purchase tokens at the initial offering can buy them on EtherDelta, HitBTC, Bittrex, Korean exchange Upbit (launches soon), and RadarRely (launches soon).
Some early ICOs are under NDAs (non-disclosure agreements) and can't comment on when trading will open up on other exchanges. From what we gather, however, expect to see BlockTix sometime in January 2018 more widely accessible to trade.

The BlockTix ICO: $6,981,328 in Funding

BlockTix expected to generate $7.7 million in funding from its initial sale and came close to this goal by raising nearly $7 million. Unfortunately, a hack by a malicious actor forced the company to close the sale early to protect its buyers.

The good news is that all vulnerabilities were quickly dealt with thanks to the assistance of the White Hat Group. BlockTix tokens that were not sold in the initial offering were distributed evenly to crowdsale participants.

Why Get Excited About BlockTix?

There are three good reasons why companies and individuals alike should get excited about BlockTix. BlockTix has the potential to make the use of cryptocurrency commonplace.

Its easy to use platform and real world application will easily appeal to those who would not use cryptocurrencies otherwise. What is more, the company has a solid management team and chief advisor to weather any upcoming challenges and issues.

How To Stay Connected To Blocktix?

It's not hard to keep up with BlockTix's latest news and developments. You can find them online at:

Facebook: https://www.facebook.com/blocktix/
Twitter: https://twitter.com/blocktix
Bitcointalk: https://bitcointalk.org/index.php?topic=1764196.0
Discord: https://discord.gg/4cJaxa
Medium: https://blog.blocktix.io

Our Final Thoughts and Outlook

BlockTix may be a relatively new company but it is one that is well worth watching. It has the potential to become one of the best-known ticket hubs for anyone who wants to market or attend an event.

As companies and users alike use the platform on a regular basis, the BlockTix currency is sure to be in high demand; this will in turn fuel a demand for the cryptocurrencies that can be used to purchase BlockTix on various exchanges.

In the end, BlockTix looks like it's well on it's way to introduce an enthusiastic audience to the use of cryptocurrency.