i own a premium concert ticket site which only accepts bitcoin. prices are high for sold out events or vip tickets, but i should have some regularly priced tickets for events this summer. i wanted to ask the reddit community for suggestions of artists they'd buy tickets to see with btc?
Weekly Update: 2gether has 40k users, $BOMB on Uniswap, Ghost data service, Constellation State of the Union…– 5 Jun - 11 Jun'20
Hey everyone! This is Part IV of VI from our May-June update catchup series (5 Jun - 11 Jun'20): Yosma's Cheerful Cassowary beat Eva's Bright Beetle in a quick finale to win this week's Parena which had a massive $PAR pot thanks to a generous donation from Tony. Gamer Boy’s “Random Gk” and “Renewal from January” quizzes in Tiproom were fun as always. Plus, there were 10k $PAR in prizes. Cool! Charlotte’s “Mega Trivia” got everyone scratching their heads. CoD Mobile gamers were in for an epic time this week with Tavo hosting a tournament with a 3k $PAR pot in the Parachute War Zone. Two-for-Tuesday slid into the "rap, reggae and reggaeton" mode this week. Click here to listen to the playlist. Thanks Sebastian for setting it up! If you have been around for a while, you’ll know that Clinton’s charity, For Living Independence, does some amazing work. So the next time you shop on Amazon, don’t forget to show some love though AmazonSmile. Cap and crew made their voices heard in NYC this week in solidarity with George Floyd Congratulations to 2gether for crossing the 40k user mark this week. A new way for account top ups was introduced as well. This week’s CEO email covers news on the latest UX and the 2GT token. Youtuber Funontheride featured the email in his video. Filippo Angeloni covered the latest updates in his newest video as well. Founder Savador Casquero wrote about crypto staking in an Investing.com article. MakerDAO covered the 2gether card in its blog post on crypto debit cards. Following the XIO dApp update from last week, Citizens brainstormed about the UI this week. Citizens also talked about some of their contrarian beliefs in crypto. Bomb community started a Uniswap rewards program. Voyager raised USD 2.1M through a private placement from investors such as Streamlined Ventures, Susquehanna, Market Rebellion etc. Their stock has seen some enormous growth this year too. CEO Stephen Ehrlich shared his thoughts on the crypto market in a recent Bloomberg article. The team also took inputs from the community on which crypto to list next. John McAfee announced a Ghost cell phone data service to be released in September. Check out how the eSIM will work from the sneak peek video. The list of supported phones is mentioned here. And hope you had good fun in ParJar Gaming while winning some cool $ESH. A new set of upgrades were pushed to the Fantom Wallet. For the latest technical update on the project, click here. This week, I also wrote a Hackernoon article (with my co-author Rohit) exploring projects which had unique variations to Proof-of-Stake for their chain consensus. Among the projects featured were Fantom, COTI and Harmony. Jeff from Uptrennd will be speaking at the LA Blockchain Summit in October this year. The winners of the Blockchain Awards were announced. The newest Opacity release allows expired accounts to be revived within 2 months of expiry. Fantom, Harmony and COTI take up a tiny but growing slice in the global staking pie Catch up on the latest District0x weekly update and dev update from here and here respectively. The Q1 2020 report was released as well. The project is still sitting on a healthy crypto asset base of USD 4M+. Hydro team shared a guide to choosing a prepaid debit card program manager. Their PaaS report was also covered by Finovate this week. A new research page for featuring all of Hydro’s fintech research material was released. The successful applicants of the Project Hydro Decentralization Ambassador Program (which started in May) were voted upon this week and 7 DAs were elected. Silent Notary, Ubikiri and IDL integrations were completed this week with Silent Notary now appearing in Applications section of Ubikiri. A roundup of the latest updates was published as well. Sentivate founder Thomas Marchi sat down for an interview with MineYourBiz Monday’s NrdGrl007. Mycro announced that Chaia.io will be hosting a campaign on the Mycro Hunter App soon. SelfKey’s Data Breach compendium was updated this week. And if you’re a Product Designer looking for remote work, don’t forget to check out this opening at SelfKey. What next for Constellation? Watch the Constellation Network State of The Union to find out. Their educational group Startdust Collective made a brand video and a high level explainer article on the HyperGraph Transport Protocol. Pynk is thinking about doing a global crowdfunding campaign as opposed to one that is restricted to certain countries only. In light of this, the Pynk Crowd Wisdom was put to work to find out the best way to go about this. Results of the Project Hydro DA Elections Wibson’s latest app update was covered by Cointelegraph and Europe World News. Click here to catch up on this week’s detailed work thread from the Harmony project. A recent Harmony ecosystem is the SmartStake dashboard to check staking stats. Sprout Wallet now supports core utilities of HRC20 tokens. The team sat down for an AMA with Binance India and KuCoin this week. Next week they will be doing another AMA with the larger Binance community. Some insights about the Harmony grants were shared in this week’s community call. Read up on Intellishare founder Raymond Xiong’s thoughts on DAOs which he shared as part of a speaker panel at the 2020 Digital Innovation Project Exchange Conference. The team also published a post on how they aim to solve the DeFi congestion. The TestNet is expected to arrive soon as well. After the latest livestream of DI-RECT’s concert which saw ~10k attendees, GET Protocol announced that they will be facilitating tickets to the follow-up show as well. A recap of the COTI journey was published to mark the one-year anniversary of the project and the occasion was celebrated with a fun trivia. DoYourTip community voted to have liquidity rewards for pooling $DYT on Uniswap. And with that, it’s a wrap! See you again with another update. Ciao!
Here is an article by an author named Adnan about why Get Ticketing will explode: https://medium.com/@adnanzzz/the-bullish-case-of-get-protocol-451ad6059f2d Below is the same article copied and pasted for those who are too lazy to click the link. However, I recommend reading the article from the link instead as it has a lot of graphs, links, and pictures that gives a much fuller picture.
"GET protocol — the sleeping blockchain giant Bear with me as I try to explain why the GET token is currently the most bullish crypto token in the space. The price surge will be driven by adoption and not just mere speculation. And adoption is already there but will only now start to gain huge momentum! By the time you have read this blog you will come to see how most other crypto projects lose value in your eyes when you compare it to a project with amazing fundamentals, a project that doesn’t need an “altseason”, driven by mere mindless speculation, to give you nice returns! Most people in the crypto space have never heard of the GET protocol. This is on one side suprising because there are 191.329 wallet holders to be exact. This means that 191.329 people have used the GET protocol, mostly without even knowing it! The focus has always been on building a product that works and where there is demand for. Where other projects have focused and spent their funds on marketing in the crypto space (meaning luring in new investors) GET has neglected that part a bit. Instead they focused their funds on building a waterproof system and acquiring clients who will use the protocol (venues, artists, governments, …). The effect of this is that the price hasn’t been affected by speculation. The list of artists who use GET-fueled tickets is endless and I have honestly lost sight of everyone who uses it. But to give you an example of adoption, here is a list of some of the artists who sell GET-fueled tickets:
Amsterdam Dance Event
Youp Van ‘t Hek
What is the GET protocol and what does it do? The GET Protocol offers a blockchain-based smart ticketing solution that can be used by everybody who needs to issue admission tickets in an honest and transparent way. The goal of GET protocol is to become the worldwide ticketing standard. To put it in simple terms: the ticketing industry is plagued by dishonest players. Not only ticket fraud but also scalping are an enormous problem in the industry. Once a ticket sale starts bots buy up the tickets and later sell them for enormous profits. Fans are sidelined and are forced to buy tickets of their idols for a much higher price. The scalpers, not adding any value in the process, make tons of money at the expense of artists, fans, venues, event organizers, … and everybody who makes the event industry what it is.
This is where GET offers a solution proven to work The tickets issued on the GET protocol are registered on your phone. This means that only the person in possession of the phone also owns the ticket. Every ticket is unique and is based on a QR code that updates itself and rotates to prevent fraud and scalping. The tickets are all registered on the blockchain as a mean of transparency and accountability. This means that fans can check ticket authenticity whenever they want. This is also where the GET token comes in play but more on that later…
GET is currently the best adopted microcap This is a bold statement but it’s not difficult to prove. Whereas other crypto “companies” confuse their investors with a lot of technical words that the average Joe doesn’t even understand and show off with meaningless partnerships, GET is actually changing the ticketing world for the better! At the moment of writing there are 4 ticketing companies that are completely integrated in the GET protocol, and together have sold many GET-fueled tickets! These companies currently run on the GET protocol:
GUTS Runs fully on the GET protocol and has sold over 400.000 tickets.
ITIX Established in 2009 and sells 2 million tickets/year. Is fully integrated in the GET protocol and will start selling GET-fueled tickets soon.
getTicket A new ticketing company in South Korea that will run fully on the GET protocol.
TecTix A Germany based ticketing company that will sell GET fueled tickets with a focus on the sports industry.
Integrating an existing ticketing company is a low investment move (only the GET token is needed) that offers traditional ticketing companies several benefits. That is why I expect many ticketing companies to integrate and GET to scale quickly.
The supply Some people are scared by the big difference in the circulating supply and the total supply. This is an unneccessary fear. The GET supply is made up of 3 portions:
Circulating supply (13.5 million)
Stability Fund (12,6 million): these tokens can never enter the circulating supply. They are used to supply the ticketing companies with GET so they don’t have to buy them directly from the market. The stability fund then buys these supplied tokens from the market to fill itself up. As the protocol shifts to open source the stability fund (together with all the tokens it holds) will be destroyed forever.
User Growth Fund (7,24 million): these tokens are used for discounts to new clients. These tokens should also in principle not enter the circulating supply. Only for marketing purposes and possible exchange listing costs a small portion of these might be liquidated.
This means that the circulating supply as it is now can only, ever, lightly increase for the purpose of growth. With the buybacks and burns being large enough the circulating supply will instead keep decreasing at a swift tempo.
GET in times of COVID19 In May Dutch group Di-Rect sold thousands of tickets for an online concert. They used GET’s technology to use a dynamic price setting. This means that fans were given the option to pay whatever they wanted for a ticket. Whoever paid €20 or more had the chance to win a lottery and be present at the concert. Once the concert starts, whoever bought a ticket, will be able to watch the streamed concert on GUTS’ app. This is yet another proof of the advantages a digital ticket offers. As this was a big succes, the expectation is that more and more artists will make use of GET’s technology. On 27/05 Dennis van Aarssen, The Voice Of Holland 2019 winner, announced that he will also do a livestreamed performance of classic covers and original music on June 7th. All tickets will be issued through the GET protocol. GET also offers several advantages in different areas in the fights against COVID19. The right of access being linked to your mobile makes it possible for potential clients to monitor the number of visitors in real time all the time, to apply an automated seating selection which consideres an appropriate distance between all visitors, queue control, booking of timeslots for museums, shops, parks, beaches, … so overcrowding can be avoided. When an event gets cancelled, whereas with paper tickets it’s sometimes impossible to track who owns the ticket at the current time, with GET’s technology the event organizer can, with one click, choose to make a refund to the current ticket owner, to communicate with him, to postpone the event, …
What more to expect in the (near) future? There are so many amazing things to come in the very near future so I’ll only focus on a few of them:
Integration with Klaytn
GET-fueled tickets for K-pop
Top tier exchange listing
More focus on marketing in the crypto space
Staking & nodes
GET as an open-source protocol
Integration in Klaytn
Seeing the adoption the GET protocol has, the solution they bring and the enormous potential they have in conquering the ticketing industry, they have been asked by Kakao to join their blockchain “Klaytn”. So GET is an initial service partner of the Klaytn blockchain. “Kakao’s global public blockchain project Klaytn is an enterprise-grade, service-centric platform that brings user-friendly blockchain experience to millions.” The choice for choosing to be an Initial Service Provider of Klaytn is based on two aspects. The first aspect is the fact that Klaytn’s blockchain infrastructure is fully business and integration focused, more than any other blockchain in the market. This results in huge improvements in areas as cost-efficiency, scalability, and data reliability. The second aspect is fueled by the potential of being part of the Klaytn ecosystem. Kakao is a giant in South Korea. GET will bring its adoption to Kakao’s blockchain and Kakao, with its giant network, in return will open many doors in South Korea. A win-win for everyone involved! In 2017 Kakao had more than 220 millions users on their messaging and content platform. The last few years the company has been rapidly expanding in other industry verticals.
GET fueled tickets sold for K-pop stars As mentioned earlier: South Korean ticketing company getTicket will run fully on the GET protocol. They have already deals in line to sell tickets for K-pop stars in their country. K-pop legend Mr. Won-Kwan Jung, as someone who has a lot of connections in the K-pop world, has joined the GET protocol as an advisor. He is an iconic figure and innovator in the world of K-Pop, owing to the fact that he was one of the three original members of SoBangCha, (or ‘Firetruck’ in English) which is regarded as the first K-Pop group to exist in the world. In a survey conducted in 17 countries in 2019, around 37.5 percent of respondents stated that the genre K-pop was “very popular” in their country. The survey found that the popularity of K-pop reaches far beyond South Korean borders. The fact that their idols will be selling GET-fueled tickets hasn’t reached the Korean audience yet. It is still a “public secret”. The news will be released in a directed marketing campaign later this year. You better believe that once the Koreans find out that they’ll be buying GET like hot cupcakes!
Tickets for museums and beaches to be in line with COVID19 restriction measures With the Corona virus still not wiped out but more under control, many countries are lifting restrictions. This needs to be done in a safe and controlled manner. This means avoiding overcrowding. GET’s technology can and will surely help here. GET’s system can do all that is needed now for a safe experience. Whether it’s booking a timeslot for the beach, for a museum,… or even for a shop from your home. The system lets the client monitor everything in real time. Someone can that way for example choose to go when there is less crowd. This all while fully respecting the user’s privacy. The GET sales team has been busier than ever, being in contact with governments, museums, … and the dev team is constantly creating custom made smart ticketing solutions for new costumers. I’m sure we can expect some major announcements in this area soon!
Top tier exchange listings & marketing in the crypto space The team has confirmed that listing on a top tier exchange has already been agreed. They’re just waiting for the right time to announce it, fitting in their marketing campaign. Besides that, a fiat on ramp exchange will list GET in a short timeframe. Many projects invested most of their funds in exchange listings and fake volume, creating artifical demand. These exchange listings are almost always accompanied by paying for a market maker. Once the funds dry up (and we have seen this with many projects) delisting becomes a reality and the funds end up being spent in vain. GET’s exchange listing and marketing campaign aren’t a means to pump the price but have the goal of creating liquidity for the end users (mainly ticketing companies) who will need to acquire a lot of GET from the open market in the short future.
Expansion in several other countries GET’s business developer Sander: "I am reached out by ticketing parties all around the world on a daily basis. The main challenge is to vet these parties. The goal of GET Protocol is to be the worldwide standard of digital admission rights and to get there we need to stay extremely lean and flexible in order to scale well. In that sense we need to be 100% convinced the parties we partner up in this phase have a very high potential of becoming a big player in their respective geographies. From the onboardings we currently experience, we learn to speed up onboarding processes upcoming year." And when asked how many tickets he expects to be sold in the near future and how many ticketing companies he expects to run on the GET protocol in 5 years time: "Along the journey, we here at GET and GUTS learned quite a few things. One of them is avoiding to publicly announce ticket sale estimates as the chances are that we shoot ourselves in the foot with that. If we don’t meet our estimates, life sucks and the community will let us know which is fine and rightful, but to be honest for GET nothing to win. If we meet our goal, it is okay but even then some people members manage to say they hoped for even better. In that sense, whatever we do, we can’t do well enough on that front, so I am reluctant about giving specific numbers (and I don’t have a crystal sphere either!). That being said, regarding the amount of ticketing companies in 2025, I expect many, in many countries. It’s a matter of time that we can easier offer our products in a whitelabeled manner. Only this week we got requests for more information about our services from Germany, Paraguay, Mexico, UK and Italy and Australia. This certainly doesn’t always mean a ticketing company could lead out of such a request, but the interest is certainly there. If we keep on doing what we do now, I believe we can boost ticketeers and event organizers around the world pretty soon and let them issue fully digital and blockchain registered tickets, all processed by GET Protocol. If more ticketing companies are onboarded, the amount of ticket sales processed by the protocol will grow exponentially." Knowing how GET’s team has always been very careful with their promises, I take such statements very seriously. If the past has taught me anything: they’re probably making an understatement. So expect GET to spread its wings in many regions around the world and take the ticketing world by a storm!
Staking & nodes GET’s blockchain developer Kasper Keunen has announced that a staking model is being developed. This means that you’ll be able to stake your GET. In return a portion of the ticketing fee will be rewarded to those stakers and nodes. So see it as a passive income. You sit down, relax and see it grow exponentionally as GET conquers the ticketing world :)
The end goal is to be an open source protocol The endgoal of the GET protocol is to become open source. There will be a governance model where changes to the protocol will be determined by GET token holders. That’s why I expect ticketing companies to acquire a lot of GET in time as their revenue relies on the direction of the protocol. GET will have a role as governance for the project as a whole. Such a role for the token is the most natural in a fully open-sourced environment of the protocol(currently not the case, yet). As then governance by stakeholders (ticketing companies) with a serious stake in the game as their ticketing revenue relies on the direction/quality of the code to be on point. As of yet, we do not really assign too much fundamental value to this role for the token (we barely mentioned it actually) as it is still a bit early for it to have serious merit. So pushing that value of the token now would be a bit false advertising. As we onboard more and more ticketing companies we will develop the governance of the token role more and more!
Why the GET token is set to explode Now that I’ve covered what the GET protocol is and where it’s going, it’s time to dig deeper in the token. And I have to say that I’ve never been more bullish on anything in my life. This for the simple reason that usage will drive the price to insanely high levels (where speculation isn’t even needed).
Tokenomics As mentioned above: to have full transparency and accountability (both missing links to make the ticket industry fraud- and scalpfree) all tickets sold are registered on blockchain. You can compare GET to a gas that is needed to fuel the protocol (every state change of the ticket needs to be registered — for which GET is needed). So for every ticket sold GET is bought back from the open market and burned forever.
A single state change cost €0,07 in Q1 2020
There are minimum 4 state changes per ticket
This means that a minimum of €0,28 worth of GET is needed for every ticket sold
In Q1 of 2020 107 059 GET were burned (proof of burn: ");
It is projected that at least 50% of all GET will be burned by 2022
At the moment of writing €161.944 worth of GET have been bought from the exchanges and burned forever (all triggered by adoption and ticketing companies needing the token).
GET’s valuation in the (near) future Bear in mind that this is my own expectation, based on big changes in supply and demand that I will try to explain below. Also keep in mind that I’m not a financial advisor and nothing is guaranteed in the crypto space! But I will try to explain why I personally believe that GET will be trading at 10€ per token and more in the near future. As time goes on and more tickets are sold, the demand for GET will keep increasing while the supply will keep decreasing. You don’t need to have a PhD in economics to understand what this will do to the price!
What kind of demand/buybacks can we expect? As explained above: for every ticket sold at least €0,28 worth of GET is needed by the ticketing companies. Most of this GET is bought back from the exchanges (the money to do this is included in the ticket fee). Some GET is supplied by the “user growth fund”. This is a fund created to give potential new customers a discount. This is done by subsidizing them a portion of their need for GET so these new customers don’t need to pay the full price immediately. Bear in mind that as time goes by this fund will dry up and all the GET that is needed will from that moment on be bought from the exchanges. Since the buybacks are based on the amount of tickets issued by the protocol, to calculate what kind of buybacks we can expect in the future we need to look at the ticket sales. As mentioned before there are 4 ticketing companies using the protocol right now (GUTS, ITIX, TecTix and getTicket). Below I will make an estimation of what to expect from them. GUTS has sold over 400k tickets. From just the deals already signed, over a million tickets would have been sold in 2020. Due to Covid19 most events had to be posponed (not cancelled). In the meanwhile the GUTS sales team hasn’t been idle and has atracted many more customers. This means that the 1 million tickets number is probably even on the low side. But let’s say a minimum of 1 million tickets will be sold the first year where all events will be allowed again. This means that at least €280.000 worth of GET will be needed in that year. ITIX sells 2 million tickets a year on average. Once fully integrated they will thus need at least €560.000 worth of GET on a yearly basis. TecTix, as a new ticketing company, it’s hard to predict what kind of numbers they’ll be running at the start. But given the expertise of the TecTix team I think 200.000 tickets is a safe bet to start with. That would put us on at last €56.000 worth of GET needed/year. And finally getTicket, a ticketing company based in South Korea. In their case it’s also difficult to make a prediction because they’re new and we have no previous data to rely on. But judging from the comments made by the team that “everything is bigger in Korea” and that they’ll be selling stadium concerts for K-pop stars (just one concerts can mean over 100.000 tickets sold) I think it’s safe to say that they’ll be selling at least 1 million tickets/year. That would bring their need for GET to at least €280.000 a year. So if we put this together the 4 ticketing companies will need over € 1 million worth of GET on a yearly basis. Bear in mind that more ticketing companies will keep joining and the existing ticketing companies will keep growing, taking away marketshare from ticketing companies that can’t offer all of the advantages mentioned before. Based on all of this I, pesonally, would say that €5 million/year in GET buybacks by 2023 is not an unreasonable prediction.
What can we expect from GET’s supply? Demand for a token means nothing if the supply is unlimited. The best example of the importance of the supply is the recent Bitcoin halvening that got everyone excited. Before the halvening around 1800 BTC were mined every day. Let’s say that at current prices this was around $16 million worth of BTC per day. The miners obviously have to sell a large portion of this to cover their costs. So even if there are no other sellers, a large number of BTC has to be bought from the market every day just to keep status quo of the current price. Halvening basically means that the speed at which the supply increases will be halved (900 BTC mined on a daily basis instead of 1800). The supply of BTC will still continue to increase, only at a slower tempo. Scarcity should be the ultimate goal when investing in utility tokens. With GET’s utility token things are different: every GET bought by a ticketing company will be burned. Contrary to BTC the supply of GET will thus continue to decrease as time goes on, removing the stacks of those eager to sell. This is not a dig at Bitcoin by the way as I’m a fan. Just highlighting the advantage an adopted utility token with good tokenomics has over “the king”. I hope you now understand my expectation that the price will explode. Many holders will obviously not be willing to sell at current prices with such an increasing demand. As the price is determined by many factors and we don’t know what the price will do exactly, it’s not possible to pin down the exact supply in the future. We do know that it will keep decreasing at a swift tempo unless the price goes parabolic.
Finding the equilibrum for the price The demand for GET will keep increasing through adoption and the supply decreasing as the used GET are destroyed forever The equilibrium price and equilibrium quantity occur where the supply and demand curves cross. The equilibrium occurs where the quantity demanded is equal to the quantity supplied. If the demand increases and the supply decreases then the price will rise until it finds a new equilibrium. Putting a correct marketcap valuation on a crypto project is an extremely difficult task. With traditional companies we can for example rely on the revenue, profit, dividend payments, … to estimate what the company is/should be worth. In most countries a 5% rental yield is considered a good investment. Of course it’s not fully comparable as these buybacks don’t automatically put money on your account. But they do increase the price and destroy the supply. So I think it’s in a way reasonable to extrapolate this 5% yield to our case. Having explained why I expect atleast €5 million in yearly buybacks by 2023, that would mean the marketcap should be around €100 million (5% = the buyback of €5 million multiplied by 20). The current circulating supply of GET is around 13,5 million. The expectation is that the burning mechanism will destroy more than half of that by 2023 (this takes into account an increasing price of the GET token). So let’s round it up to 5 million GET remaining. A marketcap of €100 million with a supply of 5 million GET would mean a price of €20/GET. This would be an increase of 6566.67%. Of course these numbers are not set in stone and merely a prediction but if you’ve been reading this blog you have come to understand why I am extremely bullish on the GET token. I have completely taken the speculation factor or an “altseason” or “fomo” out of the equation and only focused on a price increase driven by an increasing demand and decreasing supply! So the focus is on an organic price growth. Another great thing about holding a token with mass adoption and guaranteed buybacks is that I don’t have to worry about the price. As the buybacks are a guaranteed thing, the lower the price of GET the more GET is bought back and destroyed forever. So even a price decrease, as contradictory as it may sound, is bullish for longterm holders!
The International 2018 in Vancouver FAQ (Updated!)
Hey there again, you punks. So with a tip coming from some of the moderators on the board, I've decided just to quickly update this FAQ that I wrote a few months back since TI is next week and I'm sure many of you still have a ton of questions. I've gotten some more information that I can pass down to you in regards to Vancouver but also now TI as well, including updated marijuana laws and beer recommendations. Two quick notes:
This summer has been an extremely hot season in Vancouver (at least in Vancouverite standards). Like anyone who attended in Seattle last year, there is noticeable smoke in the air in the city due to the fires all over the Pacific North West. If you have breathing issues or health related problems do to particles in the air, be advised that there is currently an Air Quality Advisory in effect so act accordingly. Wind/Rain will most likely clear up any issues going into next week, but just a heads up in case new fires flare up or we aren't blessed with some light rain. Forecast is looking to be sunny through midweek and the finals, with an average of about 23-25C.
Yes, but it's not exactly regulated by AirBnB. Feel free to stay at one through AirBnB but know that it might be a little tricky to deal with issues if they come up with your rental. Also while you're at it, check out VRBO.
How far away from Rogers Arena should I stay?
The general piece of advice you'll get from any local about where to stay for TI is going to be anywhere that's on the Skytrain Expo Line (the line in dark blue). The Expo Line will take you to Stadium-Chinatown station, which is where Rogers Arena is 30 seconds away. As in Seattle, the closer to downtown you are, the more expensive it is to stay.
Where are the cheaper hotels like Holiday Inn, Mediterranean Inn or Travelodge like in Seattle?
Unlike Seattle Center, there aren't very many budget hotels left, if at all in the Downtown core. The cheaper hostels are available, though fair warning, many of them are placed on Granville Street, which is a place that many Vancouverites will tell you to avoid while you're here (Though I have never stayed at a hostel on Granville, if anyone has an experience, feel free to share). Check out the Ramada Inn and the Days Inn near Waterfront for some cheaper-ish options.
Are there any areas in Vancouver that we should specifically avoid?
In my mind, there are two places that I would keep a look-out for avoiding while you visit Vancity.
Granville Street. During the day time it's normally fine, filled with some cool shops (Golden Age Collectibles, The Rock Shop, Movieland Arcade) but it's packed to the absolute max with dumbasses at night due to the amount of night clubs. There's police around every weeknight, but since you're in Vancouver for a good time, head towards Gastown, Chinatown or Main Street for places to party.
Downtown East Side. If you've researched anything about Vancouver, you'll know that this area as where a large portion of the cities homeless reside. There is rampant drug use, poverty and sex work in this neighborhood, focused mainly between 5-10 blocks in the area of Main/Hastings. That being said, the community is an especially strong one, with fantastic human beings supporting the less fortunate. Though there isn't too much danger in terms of being robbed, you might want to just avoid the area at night. Be respectful to the people of this community and you'll have no problems.
Is there UbeLyft?
Sadly, no there isn't. We know, it absolutely sucks and everyone in Vancouver is aware. Your options are public transit or a taxi.
What's the parking situation like around Rogers Arena?
Super shitty if you don't like paying for parking. If you can, park outside of the Downtown core near a Skytrain and then head over to the Arena. Commercial Drive is pretty good for this if you can find certain spots. Tinseltown as well if you buy a movie ticket on non-event days.
How does Transit work? What do I need?
If you've ever been to any major city, you'll notice that Vancouver shares the same load-up card/tap system that places like London share. It's called Compass Card and it's fairly easy to use. Just load up money onto the card, tap it when you enter and tap when you leave. It'll do all the calculations for you. Note that certain zones will cost more just due to how far you're traveling.
Does Vancouver have car-sharing?
Yes it does! Car2Go and Evo are two of Vancouver's most popular car share services. Hot tip would be to register before you head over to Vancouver and it'll help mitigate the fact that UbeLyft aren't in Vancouver just yet. Just drive safely.
How do I get from the Airport (YVR) to Downtown Vancouver?
The easiest way to get to downtown from YVR, if you aren't getting picked up/taking a taxi is to take the Canada Line. It will take you directly to Waterfront station, from there you can take multiple buses, the Expo Line (the main line that will take you to Rogers Arena) or the Seabus (going to North VancouveLonsdale).
What's the drinking age in Canada?
19 years old.
I'm new to Canadian beer culture, what would you recommend?
Vancouver has an exploding craft beer culture and you'll be happy to find that the variety of different beers/ciders to drink is absolutely massive, probably to the point of being intimidating. Here are some of my favorite breweries and the beers that you should look out for when you're at the liquor store/pub: Twin Sails Brewing Dat Juice Pale Ale Two Straws MilkShake IPA Short Pants Mosaic IPA Brassneck Brewing Changeling Sour Passive Aggressive IPA Bjorn Again Farmhouse Ale Steel & Oak Changeling Sour Passive Agressive IPA Bjorn Again Farmhouse Ale Bomber Brewing Bomber Parklife Passionfruit Ale Bomber Pilsner Bomber Snow White IPA
Does Vancouver have any specific rules about drinking that I should know about?
Yes. First, there isn't any drinking in public if you already didn't know. Second, you must have TWO pieces of ID on you whenever you go to buy drinks in case you're asked for your ID. First piece must be photo ID, the second piece must be something with your name on it (in order for bartenders/servers to validate the first piece). I see a lot of tourists thrown off by this, so just know that Vancouver's liquor laws are much more strict than other places. I've heard from a few Vancouver residents that this isn't exactly enforced harshly, but just to note that it is an actual law. Piece of mind.
What's the legal drinking limit in Vancouver?
%.05. There will be a ton of pubcrawls and side events going on for people that are attending TI and I'm sure that you'll be blasted one night or another. Please don't drink and drive. If you need a cab, here are the numbers you can contact in order to grab a taxi from downtown. Yellow Cab: (604) 681-1111 Black Top Cab: (604) 731-1111 MacLure's Cabs: (604) 831-1111 Also, a note for people from outside of Vancouver: the cab drivers in this city are notorious for being hard to deal with at times. Broken debit machines, cash up front, not providing receipts. Use your common sense to get you through pushy cabbies. If they have a broken debit machine and they are still driving, kindly reject them and give your business to another cabbie that will. UbeLyft will be here soon and karma will bite them back. If at anytime you are in an emergency and don't know what to do, please DM me and I will provide my contact info.
This is not confirmed at the moment, but if the rules were anything like Seattle, you will be able to bring outside food into the arena. You are not permitted to bring liquids into the venue. You'll have to dump out your water bottle and refill it once inside. Rogers Arena might have different policies, but thankfully the venue has twice the amount of food stalls including a much more varied selection.
What's a secret you have from being a lifelong Canucks fan for eating in the area?
Everyone from Vancouver attending will hate me, but this is going to be one of the hottest tips I can give you: there is a Costco food court DIRECTLY across the street on the lower level of Rogers Arena that DOES NOT require a membership in order to buy food. It is the only Costco food court in Canada that doesn't need a membership to eat there. Hot dogs, poutine, pizza, soft drinks, ice cream and it's all lovingly Costco cheap. Enjoy!
What sort of credit card/tap options does Vancouver accept?
Visa/Mastercard are widely accepted everywhere. Cards such as American Express/Discover are also accepted most places, though a few places might reject them for whatever reason (higher charge rates, issues with their machines etc..) Best case would be to make sure you have a Visa/Mastercard with you at all times as a back-up in case you run into any issues. Most places in Vancouver also allow you to use Android/Apple Pay now as well. No bitcoin though.
How much money should I bring?
Well, that's entirely up to you. If you're staying the full week, a few hundred dollars in spare Canadian currency won't hurt you, especially if majority of your spending is going to be on plastic. There's going to be the Secret Shop, but that'll be done through online ordering and not cash payments. Just don't come with nothing. Worst case, always have at least $30-$40 cash on you just in case you run into a bind. It's really entirely up to you and how you plan on spending your time here. Do note that because of the low Canadian dollar, don't be surprised if the price of certain things is higher than usual.
Are there any huge cultural differences in Canada that I should know about?
Due to the amount of fires that have started in the Pacific North West the past month or so, please do not throw your cigarette/joint butts into the street, sidewalk, bushes or wherever that isn't a proper garbage. You'll get a ton of dirty looks by locals if you do otherwise. Canadians are known to be rather polite, we'll answer questions for you or guide you in the right direction (as long as we aren't in a huge rush). As long as you're respectful of the people around you, take care of your hygiene, don't spit on the ground, talk over people in conversation or just avoiding being a total dick, you'll be fine. Though Vancouver is a somewhat socially cold city, that's mainly in dating circles. Get some new Bumble photos up!
What's the tipping policy like in Vancouver?
Most places won't have the tip included in your bill. It's common courtesy to tip between %10-%15 of your final bill if you enjoyed your meal/drink/service. Feel free to go higher if you had a really excellent time. Some places do include the tip in the bill, but will have it noted usually at the bottom of the menu.
I'll be taking public transit while I'm here. Any tips?
A few. Remove your backpack when you're boarding a bus/SkyTrain in order to create more space for the people around you. Hygiene again is a big one. Remember to fill your Compass card and check your remaining balance at least once a day in case you're transiting a lot. If you see elderly/disabled/parents with strollers attempt to come on board, the polite thing to do would be to offer your seat etc..
My English isn't great and I need to ask a question, what should I do?
Don't worry at all! Vancouver is an extremely multicultural city and the residents here are used to hearing many different languages daily. Best bet is if you struggle communicating with anyone for any reason, download the Google Translate app and use it to answer questions you might have in a discussion.
I want to ask for a playetalents autograph and I'm standing right beside them. How should I ask?
Use common sense. Most players/talent would be more than willing to sign an autograph or pose for a photo with you. But also be aware that much of the on-screen talent (Slacks, Kaci, panel members) will often have to be running from segment to segment, taking in matches and so on. If they seem to have a minute, ask nicely, thank them for their time and cross one off of the bucket list.
I want to throw things at Slacks!
Don't throw things at Slacks.
Will there be an outdoor screen showing games?
No update on this. Rogers Arena is mainly a concrete concourse, surrounded by a viaduct and multiple lower roads. Unlike Seattle Center (which had multiple fields and smaller available venues), the only place large enough outside the Arena that could hold a large crowd with a big screen would most likely be the "main" entrance through Expo Blvd/Pat Quinn Way. There are a few other options in the area, but we're going to have to wait to see how creative Valve is with the space around the Arena. Perhaps they rent out the adjacent parking lots?
Will there be a beer garden?
No update on this also, but again, there's a lack of outdoor space beyond the concrete concourse. Sportsbar Live will be open, which also gives a view of inside the Arena while you're eating/drinking. But again, it's indoors.
Can I charge my phone inside of Rogers Arena?
From what I remember from Canucks games, yes, there are stations where you can plug your phone in to charge. But don't be surprised if a company like NVIDIA pops up a charging station outside much like in Seattle.
What is the capacity for Rogers Arena?
Where will I be able to see players? Will there be an open-area to ask for autographs?
One of the more obvious differences that most people will find from Key Arena to Rogers Arena, is that unlike Key Arena, Rogers doesn't have an open space concept between levels. Meaning, you won't be able to just look up to the third floor and see players hanging out like you normally would. This year, they most likely will be held in the boxes above or in the dressing rooms in the lower levels. Look for autograph times scheduled throughout the week to see your favorite players.
Is there anything being hosted at BC Place during TI?
The only thing right now is a Vancouver Whitecaps (MLS) game on August 18th and a BC Lions (CFL) on the 25th. So if you really feel inclined, now you know.
Where, how and when can we buy weed legally when we arrive in Vancouver?
When: On October 17th, weed will officially be legalized in British Columbia and most parts of Canada. How: Normally you need a medicinal prescription to purchase marijuana legally. Though, because of the soon to be legalization coming up in a few months, most dispensaries will most likely write you a prescription if you tell them a valid medical reason for the marijuana (Trouble sleeping, chronic joint pain, back pain, headaches, trouble eating etc.). My friends who smoke themselves told me that hot tip, so do with it what you will. Please DO NOT buy weed from a source that isn't verified by another trusted person or a licensed dispensary. You never know what your weed could be laced with. Where: Here are some dispensaries located close to Rogers Arena. Bloom Medical Dispensary The Dub Dispensary The Medical Cannibis Dispensary
Where can I smoke?
You can't smoke anywhere that frequents children, even if there aren't kids around. So no beaches, public parks, playgrounds etc.. So just, anywhere that's away from people that don't want to partake essentially.
Yo dude, thanks for that help, hit this shit real quick.
I wasn't able to buy any tickets. What should I do?
If you weren't able to buy tickets from Ticket Master, you have a few options. Post in the TI8 Vancouver Subreddit and ask if anyone has a spare ticket. Buying tickets from scalpers in front of Rogers Arena is fairly easy and shouldn't be difficult if you understand the basics of haggling.
Know what you're comfortable paying and stick to it. Always remember that number.
Be prepared to just walk away. The longer you stay negotiating, the more you show the scalper how important it is for you to buy the tickets. Play the long game.
The less you talk, the less information you give the scalper. If he says he's got a Midweek ticket for $300, shrug and say no thanks.
Have money in your hand/wallet when you're trying to buy tickets. When they see that the cash is right there, they'll be more inclined to just make the deal and move onto the next one.
You will most likely miss the opening ceremonies, but after that the prices for Midweek tickets will normalize and scalpers will want to just get rid of their tickets at a lesser price. The advantage you have in this instance is that Vancouver, outside of the LoL tournament at Pacific Colosseum, doesn't have much experience with esports tournaments. So scalpers themselves won't have the same level of patience. The longer you wait to buy your tickets from them, the cheaper you can get them for. Only downside is that you'll be missing games. The other thing you can do is literally just walk around the outside of the Arena and spot non-scalpers with extra tickets. There are always people who buy extra tickets and are just wanting to get their money back (friends flake on them, they couldn't flip them like they thought). DO NOT panic and end up buying an overpriced ticket from StubHub, Craigslist or wherever. Tickets will be available, you just have to keep your cool.
I'm picking up my tickets at the venue. Where do I go?
The box office at Rogers Arena is located at the bottom of the venue on Expo/Pat Quinn Way at the Toyota Ticket Center. You can pick up your tickets between these times: Mon, August 20th: 7AM - 9PM Tue, August 21th: 8AM - 9PM Wed, August 22nd: 8AM - 9PM Thu, August 23rd: 8AM - 9PM Fri, August 24th: 8AM - 9PM Not sure about the box office times for the Finals. Will update that when I know.
FIRST TIME ATTENDING TI
I'm coming to TI alone. What can I expect?
So first off, understand that EVERYONE there is going for the same reason you are, DOTA. Don't be afraid to go up to people, say hello and start conversations. If they shrug you off, fuck them, they don't deserve your brilliance. Enjoy yourself. Worst case, just create a thread on DOTA saying that you want to go shotgun a few beers. My first TI was pretty much by myself, but the combination of a beer + a garden really did wonders. Simply put, don't worry as much as your mind is telling you to worry. All the talent (casters/players) are incredibly friendly and are pretty much the same as us, just super stoked to be there. But do give them space if they're working or running around to the next thing.
What else do I need my Ticket/Badge for?
During TI, after every First Blood in a match, there are potential drops given to in arena attendee's who have registered their badge with their Steam ID. There will be a Steam Link kiosk/section OUTSIDE of Rogers Arena, so look out for it. You must have tapped into the Arena in order to be eligible for those drops. The link to register your badge to be eligible for these drops will be on the back of your badge when you receive it.
What sort of stuff should I be bringing with me on an average day?
Try to pack as lightly and efficiently as possible. My two main staples during the last two TI's were a water bottle (usually given out in a goody bag for midweek + finals ticket holders) and a portable battery pack for my phone. Also know that you might buy things from the Secret Shop, do some shopping downtown and the last thing you want to do is carry that stuff around with you all day. Though consider bringing a sweater for inside the Arena, as Rogers is a fairly cold one. HOT TIP Try checking with bell boys/concierge at any hotels if they can possibly check in some of your bags for you. I tried this at TI7 and was surprised how chill they were. I left them a $5 tip for taking my bags and was free for the rest of the day.
When should I go to the Secret Shop?
Avoid the Secret Shop on the first day or else you'll just spend the entire day waiting in line. Midweek the shop lines will be much more reasonable.
What else should I do in Vancouver beyond watching DOTA?
I have an emergency and I need help. Who do I call?
Depending on your situation, here are numbers for emergencies in British Columbia. Ambulance, fire, police: 911 Poison Control: Lower Mainland: 604-682-5050 Toll-free: 1-800-567-8911 Healthlink BC: 811 Deaf or Hearing Impaired: 711 Crisis Intervention & Suicide Prevention: Call 1-800-SUICIDE (1-800-784-2433) if you are considering suicide or are concerned about someone who may be. Mental health support: Call 310-6789 (no need to dial area code) for emotional support, information and resources specific to mental health.
Who's the guy with the statue outside the Arena?
That is Roger Neilson, former Vancouver Canucks head coach and the inventor of towel power. Please treat it nicely!
Where does Arteezy live? Where did he go to school? Where does he hang out?
How sweet of you to ask! That would be Lush by Snail Mail. Please, if you feel like you need to ask any questions, or there should be things added to this FAQ, post here or DM me. There are obviously some things that no one knows right now in regards to potential additions or subtractions from moving the event from Key Arena to Rogers. But I'll try my best to keep this thing updated if people bookmark it for future use. Enjoy planning your trip to TI!
I've been thinking about the onboarding problem lately. Basically, we need users, and now the question is how do we get them. People talk about finding that killer app, or making Bitcoin Cash easier to attain, and though I agree both are needed, I don’t want people to just wait for someone else to create those situations and think they can’t make a difference themselves. For me, I've become obsessed with Bitcoin Cash because it's captured my imagination. It’s captured it in a way that hasn't happened in a long time. Maybe ever. I think the reason I've become so obsessed is because I can see what's possible. Not only because it's digital money, but because of everything this new form of money can bring. I see a world where Bitcoin Cash is the backbone for just about everything that connects us. Imagine buying tickets to see your favorite artist in concert using Bitcoin Cash, except the tickets are sold as tokens on the Bitcoin Cash network. Your token will act as a private key that can be scanned to gain admission. The keys are easily transferable, pseudonymous, and impossible to counterfeit. No more huge overhead for a centralized company like Ticketmaster to bloat the price. Instead the vast majority of the value is efficiently transferred from the customer to the creator. Now take it one step further. Imagine searching for information on the concert not on Google, but on Oyo.cash. Next, let's say you're at the concert and you want to share the experience with your friends, so you post a short memo on Memo.cash: "This is the best show ever!!!!!!" Afterwards, you go on Matter.cash to read a review of the concert to see what others may have thought. You enjoy the review so you tip the writer some Bitcoin Cash in appreciation. Throughout all this you're never forced to wade through advertisements or promoted messages because it's all decentralized; the mechanism of delivery isn't owned by a central authority who exists to profit off your participation. And if someone does want to promote anything, they don't do it by paying Twitter, or Facebook, they do it by paying you, the person they are trying to reach. I like to imagine how much more efficient the world would be. A world where money isn't wasted on those who produce little to no real value. A world where companies can't take advantage of market inefficiencies by skimming off the top. A world where money can go directly to the people who need it rather than the charities who exploit them, and the creators who earned it rather than the parasites that feed off them. All this to say that for me the onboarding solution is more than finding the killer app or making Bitcoin Cash easier to attain. It's about capturing people's imaginations. Getting people to see what's possible and want it badly enough that they will do whatever it takes to get some. To me Bitcoin Cash is about making the world a better place, of getting us to the next stage. I truly believe it has that kind of potential. So we need to keep capturing minds, one by one, until we reach so many people that it can’t be stopped. Bitcoin Cash isn't about going to the moon and buying lambos. It's about changing the world and reaping ALL the benefits that come along with it. So spread the word. Open people's eyes. This isn't going to happen through the work of some central authority. The revolution needs to be decentralized.
Hi everyone, I am a big fan of this sub and wanted to post one of my favourite low cap coins, get protocol (GET), currently sitting at 3.7M marketcap. I will preface that I do own some and I honestly do not care if anyone here buys this token as this is a long term play for me. Price is irrelevant and I am not trading this token short term. I fully believe most here will jump into GET at some point in the distant future. I don't actually believe GET will rise anytime soon. It is not another quick moonshot like VIDT. Read more about GET (and GUTS) here https://blog.guts.tickets/ and follow their telegram https://t.me/getprotocol . They have a ton of information available. Two reasons I bought GET.
What they are doing is actually awesome! The concert I want to see sells out and tickets are resold on the secondary market with a 500% surcharge...ummm no thanks. I finally buy my ticket which costs $40 yet at checkout I pay $80 due to ticketing fees ....ahhh nope. GET Protocol stops dishonest ticketing practices by providing a fair and transparent solution and this is not something that is being developed for the future, it is here NOW and it works. Consumers want this, artists want this, and the protocol is slowly being adopted. This is just the beginning. GET Protocol will take off or another honest ticketing platform will take off in it's place but either way fair and transparent tickets are finally coming to market and it is amazing.
The utility of the token is incredible. You can read the whitepaper and blogs but in essence a small amount of GET is bought off the open market and brought into the ticketing ecosystem with every ticket sold. In Q1 2019 $36,000 GET were bought from the open market and these GET were bought for around 60,000 tickets. In comparison back in 2007 ticketmaster sold 142,000,000 tickets. That's one company (albeit large) and that was for just one year. The ticketing space has grown since then and the ticketing market is of course global. The potential for ticket sales is absolutely HUGE. When GET is bought off the open market it remains within the ticketing ecosystem. Effectively for each ticket sold using the protocol, GET is bought and distributed to ticket holders, venues, artists but most importantly it does not flow back to the open market (for now). As GET is required for subsequents events and tickets, and as more tickets are sold using the GET protocol, additional GET will be bought from the open market. Given that the theoretical max circulating supply is approximately 13,500,000 GET (read the white paper) the potential for this token is exciting to say the least. This is a token with a max open market circulating supply less than bitcoin, an actual utility where token demand is tied to commercial adoption, solves a significant problem (almost everyone dislikes scalpers), and currently has a price of $0.33.
I am beyond excited to see how adoption of the protocol unfolds over the next 5-10 years and that's why I feel this is a definite moonshot and fitting of this sub. Cheers
Flashback to Feb. 1995 ~ Prediction: Why The Internet Will Fail - Newsweek Article (Tech & Science)
Whenever I read another "Bitcoin is Dead" opinion article, I'm reminded of this little gem from many years ago... I've highlighted some of my favorite tidbits that were written (lol) and I think it's a good example of how a lot of people fail to realize that technology can evolve over time. Just because a tech appears to be inefficient or esoteric in its early stages... doesn't mean it always will be.
"The Web Will Not Be Nirvana" Newsweek Opinion Piece Written By CLIFFORD STOLL on February, 26th 1995. After two decades online, I'm perplexed. It's not that I haven't had a gas of a good time on the Internet. I've met great people and even caught a hacker or two. But today, I'm uneasy about this most trendy and oversold community. Visionaries see a future of telecommuting workers, interactive libraries and multimedia classrooms. They speak of electronic town meetings and virtual communities. Commerce and business will shift from offices and malls to networks and modems. And the freedom of digital networks will make government more democratic. Baloney. Do our computer pundits lack all common sense? The truth is no online database will replace your daily newspaper, no CD-ROM can take the place of a competent teacher and no computer network will change the way government works. Consider today's online world. The Usenet, a worldwide bulletin board, allows anyone to post messages across the nation. Your word gets out, leapfrogging editors and publishers. Every voice can be heard cheaply and instantly. The result? Every voice is heard. The cacophony more closely resembles citizens band radio, complete with handles, harassment, and anonymous threats. When most everyone shouts, few listen. How about electronic publishing? Try reading a book on disc. At best, it's an unpleasant chore: the myopic glow of a clunky computer replaces the friendly pages of a book. And you can't tote that laptop to the beach. Yet Nicholas Negroponte, director of the MIT Media Lab, predicts that we'll soon buy books & newspapers straight over the Internet. Uh, sure. What the Internet hucksters won't tell you is that the Internet is one big ocean of unedited data, without any pretense of completeness. Lacking editors, reviewers or critics, the Internet has become a wasteland of unfiltered data. You don't know what to ignore and what's worth reading. Logged onto the World Wide Web, I hunt for the date of the Battle of Trafalgar. Hundreds of files show up, and it takes 15 minutes to unravel them—one's a biography written by an eighth grader, the second is a computer game that doesn't work and the third is an image of a London monument. None answers my question, and my search is periodically interrupted by messages like, "Too many connections, try again later." Won't the Internet be useful in governing? Internet addicts clamor for government reports. But when Andy Spano ran for county executive in Westchester County, N.Y., he put every press release and position paper onto a bulletin board. In that affluent county, with plenty of computer companies, how many voters logged in? Fewer than 30. Not a good omen. Point and click: Then there are those pushing computers into schools. We're told that multimedia will make schoolwork easy and fun. Students will happily learn from animated characters while taught by expertly tailored software. Who needs teachers when you've got computer-aided education? Bah. These expensive toys are difficult to use in classrooms and require extensive teacher training. Sure, kids love video games—but think of your own experience: can you recall even one educational filmstrip of decades past? I'll bet you remember the two or three great teachers who made a difference in your life. Then there's cyber-business. We're promised instant catalog shopping—just point and click for great deals. We'll order airline tickets over the network, make restaurant reservations and negotiate sales contracts. Stores will become obsolete. So how come my local mall does more business in an afternoon than the entire Internet handles in a month? Even if there were a trustworthy way to send money over the Internet—which there isn't—the network is missing a most essential ingredient of capitalism: salespeople. What's missing from this electronic wonderland? Human contact. Discount the fawning techno-burble about virtual communities. Computers and networks isolate us from one another. A network chat line is a limp substitute for meeting friends over coffee. No interactive multimedia display comes close to the excitement of a live concert. And who'd prefer cybersex to the real thing? While the Internet beckons brightly, seductively flashing an icon of knowledge-as-power, this nonplace lures us to surrender our time on earth. A poor substitute it is, this virtual reality where frustration is legion and where—in the holy names of Education and Progress—important aspects of human interactions are relentlessly devalued. [Source: https://www.newsweek.com/clifford-stoll-why-web-wont-be-nirvana-185306 ] 😂
https://preview.redd.it/7a7vo0tosrt21.png?width=690&format=png&auto=webp&s=1110a3c6b6256c4f6d50256e344cd0d518384fcf GreenPay is a project that aims to implement a solid cryptocurrency based on the adoption of all the world, especially focusing on the purchase of digital services. An open, fair and decentralized cryptocurrency and become an alternative means of payment, and digital for those people who wish to buy any type of digital service, out of reach, we all know that in this great world of the internet, day by day it has become something our best friend and therefore many platforms have developed a site where you can buy practically what you need from anywhere or the comfort of our home, greenpay focuses on the market of digital services. Beyond the current proliferation of cryptocurrencies, and with the certainty that in the not too distant future they will be a consolidated reality, starts a project committed to marketing for digital services. GreenPay was born one January afternoon while the CEO of the project bought a gift card for his netflix account and thought about not doing a project where we adopted a cryptocurrency focused on the market of all kinds of digital services, he decided to tell him this wonderful idea to his friend, partner and current marketing manager who to date has extensive knowledge of cryptocurrencies and he told him that it was an excellent idea and told him that given the great boom that the ecological mining ProofOfStake and masternodes were having, why not create this currency based on this algorithm so that the user can have their digital service practically free, is when the great development of GreenPayCoin began. https://preview.redd.it/m3kth7hrsrt21.png?width=681&format=png&auto=webp&s=f22a6aa819e76dd26a4fbb0eb96981b10b43baac
Let's talk about our SWAP and the development of the project
Creation of the currency: In January 2018, we see the idea of creating a currency that provides benefits when using it in the purchase of digital services, since for anyone it is a secret that cryptocurrencies must be the future of money and that we want to be part of this, that any person with CPG in their hands can use it to acquire the digital service in such simple steps with the possibility of obtaining multiple benefits, we seek to be the digital means of payment with greater benefits by adapting it to the world of cryptocurrencies. It is when we decided that for us and for our community it was better to work with developers who have already had their coins in order to avoid any problem or delay in our chain in order to give a good service to our community. We decided to work with the SATOSHI SOLUTIONS project, which we found out was offering a currency creation service and decided to work with them. Launch of the coin: On February 13, 2019, the cryptocurrency is launched, it is reported through BitcoinTalk, many people began to arrive, a pre-mine was made which would be used for the pre-sale in order to raise money alone and to pay enlistments, marketing among other things that you can see in the distribution section but that's when all our problems started with these gentlemen developers of SATOSHI SOLUTIONS we started to see who these people really were, really these developers had all control over us not us they left to work, they did very bad things among many things that they could see in a document written with screenshots and proof that we were doing our best to work but these people did not want us to move forward, this document was declared and taught to our whole community in our discord #document-about-our-swap. The currency from the initial phase was based on the Quark PoS / Masternode algorithm. thus with the ecology, since a great amount of energy is not necessary, so that the coins are created.Following the story after they have read in the link of the problem occurred we decided to make a SWAP. About our SWAP: After spending some time deciding what we really wanted to do, a developer from the CEO came to us. He has been a developer of recognized projects and we decided to work with him with SWAP. We decided to renew it, so we made a new logo , the serious exchange of 1: 1 to be fair with our community, the new algorithm is the XEVAN, the reward structure is based on it, we change the budget for a lower one, and we also lower the collateral for the masternode and finally we also change the ports. The deal with this developer has been excellent is an honest person and eager to work that even will also be in our discord offering support to any situation that occurs in the project. GreenPay is still standing despite the obstacles we move forward.
https://preview.redd.it/yi9b3axetrt21.png?width=680&format=png&auto=webp&s=960b744050a685c9a37d709fdd173f1e59426e38 Based on our roadmap we are focused on developing a market platform where you can market digital services from amazon, apple store, steam, concert tickets, tickets travels and others. Basically any digital service that can be purchased will be developed by our team in the course of time, you can also have an extra reward when using our currency on the platform since when you market these services you can get a discount and a special rate, something that is also planned in the roadmap for the platform is to have an integrated portfolio in the platform that you can do staking while your balance is in the wallet. For each product purchased by the user can earn points depending on the amount you have purchased and this will be added to exchange it for GPC coins that will receive in the course of a working day after making the accounting of the sales records that are made to be able to take the percentage of each user. In addition, for each referral that they take to the platform they will receive an amount of extra points to be exchanged for coins and these are used for the platform or be sent to the exchanges.
‘Initial Coin Offering: an Inaccurate Term with an Imperfect Regulator’ (some speech given at the first Computational Law & Blockchain Festival – Singapore Node on 17 March 2018 (#clbfest2018))
tl;dr – A speech given at #clbfest2018 on what initial coin offerings are, why governments all over the world eye them curiously, and how governments regulate them – if they regulate them. Also, on why brick and mortar governments regulate something so digital. I practise cyberlaw, as I like to call it. Although this is derived from the term cyberspace, which seems to be a bit vintage. It shouldn’t be, if you ask me. I’m here to talk about initial coin offerings, or ICOs. I shall try to do so, and then some. To be honest, I’m not a fan of initial coin offering as a term. Neither is the MAS, the Monetary Authority of Singapore, which doesn’t call them that. The MAS calls them digital token offerings, which is so much better. Here’s why. Initial Public Offerings Initial coin offering resembles the traditional term initial public offering. An initial public offering is the first time shares of a private company are offered to the public. Think of listings on the stock exchange. Owning listed stock means you own a part of the company. You’re a bit of an entrepreneur. But its modern-day meaning doesn’t lie so much in making us company co-owners. It lies in the monetary value of the stock which, after the listing, is tradable on the financial market. The same applies to other funky things you can find on the financial market. Like debentures, units in business trusts or their derivatives, or to collective investment schemes. Whatever they are. Let’s not even go there. Suffice it to say they’re all rights of one party against another party or even against the general public. But their modern-day value doesn’t lie so much in owning these rights. It lies in their tradeability as financial assets. Stocks and debentures, business trust units or derivatives – they’re all investment objects. Also known as securities. IPO Regulation And because of that governments all over the world have said: wait a minute, this is an area with huge information imbalances where, at any given stage, one party – say, the company directors who issue the rights – may know so much more than the rest – say, the potential investors. If we let this happen, those who know more may exploit their information advantage. Hugely undesirable from an economic point of view. We must make sure, the governments said, those who know more will disclose certain information beforehand so everyone can make an informed decision. Hugely desirable, economically speaking. And so the governments regulated the initial offering of securities to the public. Among other things they made it a duty to disclose a variety of details to potential buyers. This regulation was done by way of law. Because rule of law. Initial Coin Token Offerings Enter Mastercoin which, arguably, held the first ICO in 2013. They offered cryptocurrency, or coin. Ethereum and others followed. They offered coin, too. Later offerings in the young history of ICOs were not for cryptocurrency, but for other rights. For example, as part of a crowdsale, the right to participate with privileges in an online game to be developed with the money collected. The right to be privileged in an online game isn’t coin. In the world of information technology, the right to perform an operation is represented by a token. So when someone offers a right, she offers a token. This means all cryptocurrency are tokens, but not all tokens are cryptocurrency. That’s why it’s a bit of a misnomer to call any token offering a coin offering. That’s why I prefer the way the MAS calls it: digital token offering. Needless to say tokens carry value, some more, some less. Bitcoin: hodl! But this obscure offering where they promise you the right to meet A-list sport stars face-to-face if only you buy many tokens: maybe less. In any case, their inherent value makes tokens tradable assets. Negatively speaking, you can lose a lot of money with them. ITO Regulation And that’s, of course, why the MAS has got its teeth into tokens in the first place. The MAS and other regulators worldwide. Because all these new creatures, tokens, were offered unregulated. If there was any information imbalance at any stage – yeah, well, what to do. But pretty much all regulators have found tokens have a value and are tradable. There are just different schools of thought on how to deal with it. China has banned token trading entirely. South Korea has banned it, too, but on second thought has started reversing this ban. On the other end of the spectrum is Japan. Not only does Japan allow token trading. It has even enacted laws which accept virtual currency as payment. In Japan cryptocurrency is money. The European Union or Singapore are somewhere in the middle. This means: if you want to offer tokens to the public, whether you call it ICO, ITO or even IPO, then you may want to check out where you offer them. If it’s in China, you won’t be allowed to do it. If you’re in Japan, you will be allowed to do it very much. In Singapore If you’re in Singapore, it depends on the tokens you want to offer. The MAS’ view on it is still pretty new, they’ve only published it last November. They don’t say it like that, but basically the MAS has taken a look at all the tokens out there. Then it has categorised them in three groups. Cryptocurrency First category. On tokens which are cryptocurrency the MAS has found: their value may rise or fall. This may attract those who treat them as an investment object. Just like some people invest in traditional currency for the same reason. But just like any traditional currency, the main purpose of cryptocurrency is to be a medium of exchange. A payment method. The only currency we regulate as a payment method is the Singapore dollar. We do not regulate other currency as such. Of course, if anyone uses cryptocurrency fraudulently, our general rules shall apply, including our criminal law. And let’s never forget our rules against money laundering and terrorism financing. Utility Tokens Second category. On this kind of token the MAS has found: their main purpose seems to be that of an entry ticket to something. They’re also called utility tokens. Yes, this may attract those who buy these tokens because they hope to sell them on with a profit. Like the guy who buys a ticket to the concert of a famous singer only to sell it on right before the show. But their main function is not to be a tradable asset. Our rules against conning others or against money laundering and terrorism financing notwithstanding, but when a token represents the right to participate in an online game, this is nothing we regulate. Capital Market Products Third category, capital market products. On this third category of tokens the MAS has found: the main purpose of these tokens seems to be that of an investment. Granted, they may make their buyer a co-owner or creditor of a company. But ownership in a company or being in some other relationship with a company is really not why you buy these tokens. Rather, you buy them with a reasonable expectation of profit based significantly on the efforts of the entrepreneurs or managers who run the company. This is just like traditional securities. Tokens in this category are securities. We regulate securities. Thus, if you’re in Singapore, you’re allowed to offer your tokens licence-free if your token offering is really an ICO. That is to say an offering for cryptocurrency. Or if your token is a utility token. But if the tokens you want to offer are a capital market product, then that’s regulated. Then you may have to comply with the highest standards of disclosure. The Prospectus Requirement This means your offer may have to be made in or be accompanied by a prospectus. This is a formal document which you will have to prepare and lodge and register with the MAS. It’s full of compulsory statements, and believe me, the average token whitepaper you see out there doesn’t cut it. There are exemptions from the prospectus requirements. For example for small offers of securities worth less than five million Singapore dollars. Or for private placement offers made to no more than 50 persons. Or for offers made to institutional or accredited investors only. Also, the MAS has the power to exempt a person from having to fulfil some or all prospectus requirements on a case-by-case basis. But this may happen only if the cost of compliance outweighs the need of the public for protection. And if dispensing isn’t prejudicial to the public interest. In any case, all these exemptions come for a limited period of time or with other conditions, including advertising restrictions. The Sandbox For the sake of completeness I’d like to mention the sandbox. I don’t know if you’ve heard of it. The MAS offers a so-called regulatory sandbox for financial services. In the sandbox, legal and regulatory requirements are relaxed for a while. Companies admitted can experiment there. But the MAS will only admit you to the sandbox to experiment with new or emerging technology, or with existing technology in a new way, or with a new financial service which addresses a problem or brings benefit. At the moment there’s no one in the sandbox experimenting with token offerings. But the MAS seems to be keen. It has stated it would consider admitting token offerings, if such fundraising efforts were by companies focused on new technology that will improve the efficiency of capital markets. For example, something that can build a ‘smarter’ initial public offering. Whatever this is. However, you don’t enter the sandbox easily. You have to apply and you have to be accepted. To be accepted you must demonstrate you’re willing and able to deploy your financial service in Singapore when play time is over. You will have to define test scenarios and expected outcomes and report on them to the MAS. Among other things. Hence, no one should expect to be admitted to the sandbox just because they do something with token in it. Questions Put another way, offering securities, digital or not, is a stiff job, in Singapore or elsewhere. Because of regulatory compliance. But we know now what kind of token is regulated in the first place and what kind of token isn’t. That’s settled then. But, you see, I’ve highlighted the situation in Singapore. What about other places? Yeah, about that. I have a few questions there. Why Regulate? First, a quick repeater. Why regulate the offering of securities again? Okay, trivial. Any textbook on economics has it. Regulation of behaviour exists, mainly, to protect the interests of certain market participants. The offering of securities is regulated to protect worthy potential investors from getting fleeced. The information imbalance thing I’ve mentioned at the beginning. It’s economically undesirable. Why the State? Another question. Why regulation of security tokens by the state? You don’t hear this one so often. That’s probably because, normally, there doesn’t seem to be a reason to ask. I mean, who else, right? Traditionally, regulation is a service provided by the state to the citizenry. This makes perfect sense in a setting where the state is the first-choice regulator of things in our lives. But where is there such a setting? And where is there not? We are many in the confined space on this planet. We live in societies. Due to certain benefits that we see in it many of these societies are constituted as states. As part of our social contracts, we as individuals surrender some of our freedoms to the state. In exchange the state is to protect us. For example by way of regulation. Where There’s a Limit, There’s a State But regulation by the state has limits. The state is our provider of regulatory services only within its territory. As soon as we reach the borders, the state meets its limits to regulate. In the era of globalisation, this happens really often. This is why states have come up with supranational and intergovernmental organisations and policies. Cue Irene, who’s going to speak about the UNCITRAL Model Law on Electronic Transferable Records later. UNCITRAL is the United Nations Commission on International Trade Law. It’s one of these intergovernmental organisations. However, globalisation still refers to borders in physical space or how to overcome them. The regulation of security tokens though. Where There’s No Limit… Tokens are inherently cyber. Not only that, their main area of application is that limitless, incorporeal space which we’ve created and started to inhabit a while ago: cyberspace. State territory is physical whereas cyberspace is not. We have started to inhabit cyberspace with the software part of what makes us up. But we have not stopped inhabiting physical space with our physical bodies. We just do both. There is a fairly distinct border between these two spaces, yet many of us do not realise it well. Perhaps because it runs right through us and we cross it all the time. As a consequence, we tend to obliterate the differences between both physical space and cyberspace. I daresay states obliterate these differences a lot. For example, they tend to forget where the social contract grants them power and authority and where it doesn’t. Regulating Remote Areas Although traditionally they regulate what happens in their territory, states have sought to regulate behaviour in cyberspace, too. But come to think of it what they really do is regulate behaviour in their territory. Because they can’t go beyond that. In forbidding token trading, China regulates behaviour in China space. In allowing token trading, Japan regulates behaviour in Japan space. And in applying certain brick-and-mortar rules made for traditional securities on security tokens, Singapore regulates behaviour in Singapore space. Supranational bodies like the European Union may go beyond that and regulate behaviour in European Union space. But that’s because its members are states which allow that. As of today, there is no cyber state. There’s also no cyber United Nations or cyber European Union. This is why any effect of state regulation on cyberspace is but indirect. Of course many (perhaps all) laws have, wanted or unwanted, indirect effects. But indirect effects are usually side effects. I daresay the direct effects of law are usually its main effects. But when it comes to regulating behaviour in cyberspace by states, there’s nothing but indirect effect. As a result, to me the indirect regulation of behaviour in cyberspace by physical-space states smells like a compromise. Like a workaround, until there’s something better. Like a colonial master who insists his home laws shall apply to his colonies far away, as outlandish as the results may be. Then Who? or What? Why Law? As we continue to develop tokens, the blockchain technology to register them, or the smart contracts to trade them, maybe we should reflect on who – or what – could be a direct regulator of token offerings in cyberspace? Who said regulation must be done by way of law anyway, especially by public law? Yes, it’s a great way of regulating in physical space. But in the cyberspace of today, isn’t code the more appropriate way of doing it? If so, we may want to make sure our coders are good regulators. Like we want our lawmakers to be good regulators. Of course this leads to the greater question of who could be a better regulator of life in cyberspace in general. Is it anyone’s own business to protect himself? Or as we spend more and more time there, is it better to delegate regulation to some entity in exchange for protection? Some form of cyber social contract? Perhaps, due to the infinity of cyberspace, there will be no cyber states with limited territory and all that. If so, who else might be our social contract partner? Facebook or Google? Really? Or will there be some novel form of cyber state? With some kind of cyber government? Call me coo-coo, but I don’t think it’s too early to ask. Because, look, with cryptocurrency and digital securities we have money and investment for cyberspace now. And the emergence of money and investment is a token of civilisation. (First published here.) [EDIT: grammar mistake]
Cryptocurrencies such as Bitcoins have been making waves in the market lately. Many people are looking into various means of developing them as well. There are many different projects out there and many good blockchain development companies such as Blockchain Expert Solutions that are proficient in developing blockchains, cryptocurrencies, and cryptocurrency wallets. But while the believers of contemporary technologies move ahead to make the world a better place, there are still some naysayers who believe that cryptocurrencies are bound to fail. So here we will look at the problems with the current currency, its limitations and how can cryptocurrencies help us in improving our lives for the better. The Problem Everyone who has experience sending money abroad knows how expensive and time consuming it can get. This is because the existing payment methods rely on middlemen companies that not only take time in processing the transactions but they also charge huge fees for it. It’s like we are paying people money for wasting our time. (It’s pretty much the same as paying money to the cinema for films or buying concert tickets, but at least we get entertained in that time, don’t we?). Then we also have to count the considerable number of individuals who do not have access to banking services. Although this idea is very incredulous in developed countries, you can find many people in developing countries who don’t have access to banking services. The Solution Thankfully Blockchain has the capacity to solve all these problems. It will be able to do so through cryptocurrencies. Blockchain serves as the foundation on which cryptocurrencies are built and cryptos can act just like any fiat currency but with extra benefits. The extra benefits come when cryptocurrencies, despite being a medium of exchange for buying and selling goods and services, also conduct cross-border transactions. Since there will be no Middle man involved here, the validation of these transactions will not only be an inexpensive process, as blockchain facilitates peer-to-peer transactions, they will also be very swift and save a lot of your time. Cryptocurrency Wallets So when you have some currency, you also need a wallet to place it securely so it doesn’t get mixed with your other papers or documents. Similarly, when you have cryptocurrencies, you will also need special cryptocurrency wallets to keep your digital coins. Thankfully, Blockchain Technology allows people to not only make cryptocurrency wallets but also add multiple features in them so that your crypto coins become more secure and usable. Benefits of Crypto Wallets These special wallets give people the opportunity to receive and send money electronically. They also give people complete control of their funds and there is no middleman like the bank securing their money in a bank account. They further give individuals the opportunity to swiftly receiving their income, and entering into decentralized networks that support activities such as fundraising or lending money. The only barrier there is with the cryptocurrency wallet is the requirement of an internet connection and with the current times, getting an internet connection is no issue at all. Anyone who has a phone has access to an internet connection and this in contrast to opening a complete bank account and going through all the hassles and procedures of doing so, let along the time wasted in the process, is well justified. Keeping all these factors in mind, what is your opinion on using cryptocurrencies. Will they offer you the benefit you seek or will they become another curse in disguise? Tell us, we would love to hear your thoughts.
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 2) 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 3) 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. 4) 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/4A8JW3K Medium: https://blog.blocktix.io New website: https://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. ROADMAP: https://drive.google.com/file/d/1X-uMhyY4wS1FGWkHMv1h5F1y_ssUSdEa/view?usp=drivesdk YouTube video: https://youtu.be/wKoZ02og3lM
CRYPTO.TICKETS: Blockchain platform for ticket systems
Tickets Cloud, an online ticketing platform, announces the ICO of its blockchain-based project crypto.tickets. The ICO will commence on October 5, 2017, and end in 4 weeks. A finite number of TKT tokens will be issued, based on smart contracts. Ticket Cloud intends to raise up to US$23 mln. Early investors will receive 20% extra tokens for the first two days of the ICO, 10% extra on the third and fourth day, and +5% for the next three days. After that, the tokens will be sold at no premium. TKTs will be sold for Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and Ethereum Classic (ETC). In addition, the company is planning a preliminary private offering for the crypto-community pioneers and members of the ticketing industry who will be offered a whopping 30% premium. The number of privately available tokens will be limited to the equivalent of US$2 mln, with US$50,000 minimum purchase. The funds raised during the ICO will be invested in creating a blockchain-based ecosystem of crypto.tickets. Blockchain will enable the ticketing industry to tackle its most severe current problems. In this case, blockchain will allow crypto.tickets to become a universal decentralized ticketing platform open to all market players, both in Russia and globally. Crypto.tickets is not intended to compete with other ticketing platforms but will instead let any ticketing system and its customers benefit from the advantages of the blockchain. Crypto.tickets will offer ticket distributors access to all tickets in both primary and secondary markets. Smart contracts will ensure safety and transparency, while the integration with Tickets Cloud will allow interacting with any number of organizers and secondary market brokers within the framework of one contract, and one API. The ecosystem of crypto.tickets simplifies and automates interactions between various participants of the ticketing market. The use of blockchain will mitigate such persistent issues as fraud, fake tickets, uncontrollable resale, meeting sales quotas on ticket allotments, etc. All sales, refunds, exchanges, and other transactions will be completed using blockchain; and all exchanges and obligations between all involved parties will be based on smart contracts. With crypto.tickets, all event organizers will be able to issue crypto tickets that can’t be duplicated or counterfeited and communicate with their customers more efficiently. Cryptoticketing will enable original ticket issuers to extract more profit from resale transactions, or disable any further resale entirely, or limit sales to one ticket per person. These new capabilities make ticketing more flexible, at the same time offering the original issuer full control. Organizers will also be able to issue their own tokens and offer them as loyalty points, branded currencies, or shares in crowdfunding for their own projects. Crypto.tickets will offer ticket distributors access to all tickets in both primary and secondary markets. Smart contracts will ensure safety and transparency, while the integration with Tickets Cloud will allow interacting with any number of organizers and secondary market brokers within the framework of one contract, and one API. The new blockchain ticketing platform crypto.tickets will include three products: Tickets Chain, already up and running Tickets Cloud, and Tickets Wallet. Tickets Chain — is a blockchain solution, which regulates interaction between all players at the market. Each event established in the system is a smart-contract, which is responsible for processing the payments, issuing and returning of crypto-tickets, for their transfer and resale at the secondary market — at the decentralized ticket exchange which works directly on the blockchain. Second product, Tickets Cloud, is a successfully functioning platform that enables global ticket open distribution. Moving the current users of Tickets Cloud to Tickets Chain, a decentralized blockchain system, will allow them to develop and scale their business efficiently. All transactions within the system will be conducted in TKT, the system’s internal currency. Currently, Tickets Cloud shows US$2 mln monthly turnover, a 500% growth from 2015 to 2016. Within the first three years of development, the project has raised US$1.6 mln. As of now, over 800,000 tickets have been sold within 950 contracts with organizer. In 2017, Tickets Cloud has become the first company whose ticketing platform is employed by the global internet retail giant AliExpress. The third product Tickets Wallet is an online wallet (Web & Mobile Apps), which is used for a decentralized storage of crypto-tickets and internal tokens of the system: Tickets Chain of coins (TKT). A working prototype can very soon be downloaded from GooglePlay and Appstore. Tickets Wallet will also be used as a new channel of communication with the audience. Both organisers and the artists will be able to provide additional content to the viewer from the moment the ticket is purchased. It can be all sorts of exclusive materials about the backstage, show preparation, photos and videos from the concert as well as the latest news. The main advantage of crypto.tickets is their already functioning platform: investors are offered shares in a working business to help it bring the underlying technology forward by implementing blockchain. The monthly turnover of Tickets Cloud has already exceeded US$2 mln, and the transition to crypto.tickets is expected to increase that number substantially. In turn, it will stimulate the demand for the tokens as every ticket sold for fiat money via Ticket Cloud and other Tickets Chain-connected systems will be structured as first a buy call for an equivalent number of TKTs on the exchange, then a sale of the ticket for tokens. This will boost the real, not speculative liquidity of the tokens. At the moment, Tickets Cloud is in talks with a number of online exchanges. Over the past few years, the team has proven its worth in the dynamic ticketing market. This year, Tickets Cloud organized one of the more notable industry conventions, Moscow Ticketing Forum. The company currently employs 35 people, including over ten developers, all with vast experience in the industry.
This is the best tl;dr I could make, original reduced by 83%. (I'm a bot)
Many sporting and music tickets are being bought by bots just minutes after going on-sale, leaving fans to buy them at an inflated price on a secondary ticketing site. If you buy a ticket in the primary, as soon as it leaves and it's in your hands, the primary loses oversight of that ticket. What we try to do and what blockchain technology enables us to do is create a backbone that sits across the supply chain; so the ticket is tracked the whole way through. B) the original artists or performers or primary agents can now see exactly who holds the ticket, when, and who ends up holding the ticket, when. Alan: A big part of this is also associating identity with a ticket, so many a time when you buy a ticket you'll buy, say, three, and it'll have your name and not those of the other two. Ultimately what you do see is, take someone like Adele: her true fans maybe can't afford those higher tickets so she wants to artificially price the tickets lower so that more and more of her fans can attend and she gets that nice atmosphere within the concert, and also the people that bought the music get to see her perform.
I have been looking a bit more into token/digital assets and think there is a very high use case for it. Right now, there are a few out there, but the only one that was created through more honest means, is Ravencoin. Currently, Ravencoin has all the checks that would qualify as a solid coin, no pre-mine, no ICO, basically created in a similar way that Bitcoin was (It was actually forked from Bitcoin). The only issue (and it might be a big one), is that it is not private. My question is, when it comes to digital assets, should fungibility matter as much as say, a coin trying to be a form of money or store of value (like Monero)? I understand that there are some assets that might want to be public, such as shares sold to board members, but I imagine that if person A were to buy a concert ticket in the form of a digital asset from person B, the only entity that person A will want to know that the specific concert ticket was bought from, is person B, and no one else, and you can pretty much replicate this with cars, boats, paintings, houses (mostly). Is Tari going to have this feature of fungibility? Will it be opt-out by default (good), or opt-in (not good)?
"The limits of my language mean the limits of my world." My proposal for a new crypto word.
The quote in the title is from Ludwig Wittgenstein, my favorite mathematician/philosophelogician/mad genius. Wittgenstein became obsessed with language and its importance in forming our realities. I quote him because we are suffering from what I believe to be a language problem in the crypto space. That is, there are too few meaningful words to describe what we are doing here. Thus the limits of the space. On Wall Street, there are words for positions like options and futures and swaps and shorts and longs, and on and on. They also have words for assets like securities and bonds and mutual funds. Some of these will help explain our trades but we also have new asset classes we are dealing with. Our problem is everything is a coin. We need to differentiate the purpose of these assets so that we can more adequately explain the difference between digital assets. This is essential to evangelize the public. My proposals for standardized vocabulary is as follows: Coin: Most fundamental asset unit of a system. Does not depend on underlying projects to succeed. It lives on its own chain. A traditional example would be the US dollar inside the United States. The Euro inside the EU. Crypto examples are Bitcoin, Ethereum, Lisk etc. Coins can be exchanged for goods or services. Many of these coins can continue to exist an exchanges from coin to coin will be needed to move between chains. Token: Built on top of another chain or depending on another chain. Not the most basic unit asset. It is used to operate a function on its chain. It has utility of some sort. These are hard to compare to traditional assets. I like to imagine them as a crypto arcade token. But instead of games there are a variety of technologies these tokens may operate. Traditional examples are difficult because there is not really a 1:1 example that makes sense with traditional assets. Perhaps gold, if gold was required to operate a machine or technology of some sort. Golem will be a token. (My proposed additional asset class) Ticket: Tickets are a subset of Tokens (built on top of another chain) that don't do anything. They would just be tokens from Ethereum's point of view. They represent a promise of function or represent a promise of value. They don't have utility on chain. You can't use them to operate any "machine". These are similar to growth stocks. The only utility is a store of wealth but are only useful if exchanged for a base unit coin or token on chain, or some off chain value. Tickets depend on the real world basically. Where tokens have uses even if no people on earth were left, that is not true of tickets. A ticket may be a literal ticket to a concert. This may be helpful in ICOs where some teams are actually building real products and others are selling promises. This does not mean tickets are a scam. It just means that public faith or cooperation are required for tickets to have value. Digix is a good example of a legit ticket. Tokens are different. If no one wants to buy my gold I can still use it. If no one wants to buy my token I can consume it through some activity. An asset may be a ticket at first, then once a product is built using it, it can function as a token.
Here’s a Really Nerdy Way to Buy Gold, Honey, or Concert Tickets Using Bitcoin’s Blockchain. The technology underlying bitcoin is powering new online retail sites By . Olga Kharif. August 20 ... As an example, they cited a Robbie Williams concert that was held at the O2 Arena in London. On a primary website, the tickets were being sold for £40 ($52). However, according to Shaw-Stewart, the primary site proceeded to sell 80 percent of their tickets to the umbrella company’s secondary sister site. There, the same tickets were being sold for £300 ($390) each. Japan's new female idol group performed their first live concert on Friday in Tokyo. Their songs incorporate reminders, advice, and warnings related to cryptocurrency trading. The girls receive ... Currently, only season tickets are available, with home game tickets soon to be available for purchase using BTC. Die-Hard Warriors fans and crypto enthusiasts should grab this deal by buying season tickets at 1.02 BTC or $7,611, judged by prevailing market rates. If looking for things you can buy with Bitcoin, this is one area to consider. Blockchain Technology Makes Buying Concert Tickets Cheaper, And May End Robots Buying In Bulk. August 12, 2019 at 10:40 am . Filed Under: Bitcoin, concert tickets, Cryptocurrency, Lisa Rozner ...
How to Buy Airline Tickets Online using Bitcoin Cheapest Airline Tickets on the Internet
Hey! I thought I could share some tips on how I get free or super cheap concert tickets for all those Stans out there so I hope I helped! We sold all our belongings to invest in Bitcoin and live our dream. We travel the world with a family of 5 and support Bitcoin to the fullest. Ofcourse we lo... In this video you will learn how to purchase cheap air tickets online using a digital currency called bitcoin. If you are looking to buy airline tickets online but don't want to use bitcoin, don't ... In this video, you’ll learn more about using the Internet to buy tickets online. Visit https://www.gcflearnfree.org/using-the-web-to-get-stuff-done/how-to-bu... HI EVERYONE!! in this video i tell you my experiences with getting tickets to all of bts' tours as well as any tips and tricks i have in order to help you ha...