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ETicket4 Issues ET4 tokens, for which You can Buy Tickets for Events up to 20 Percent Cheaper

Reading Time: 2 minutes by on January 26, 2018 Ethereum, News, Press Releases
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The ETicket4 platform issues tokens, which allow you to get a 20 percent discount on tickets for any events, including matches for the World Cup, which will begin in Russia in June 2018.

Eticket4, the p2p-marketplace for tickets for sports, music and theater events for participants of the secondary market, announces the launch of Pre ICO on January 30, 2018. The company will issue ET4 tokens, which will allow, in particular, ticket buyers to receive a discount of up to 20 percent on purchased tickets.

So, after successful use of the ticket, the buyer receives a ten percent return from the ticket price on his wallet. In the case of the ticket for the World Cup, cashback is 20 percent of the ticket price. Moreover, if tickets are purchased for ET4 tokens, the platform commission is minimal and is no more than two percent, whereas, when buying tickets for fiat money, the commission is up to 30 percent.

Also the economy of the token provides for a reward for predicting the outcome of the match. Each buyer who pays the ticket with tokens ET4 participates in the prize fund draw. The fund is formed from one percent of the cost of tickets sold for the event through the platform. The distribution of the tokens to the purses of the winners will be done automatically.

For other participants of the secondary ticket market tokens can also be useful. Event organizers who receive revenue in ET4 tokens can at any time provide their liquidity with fiat money by selling tokens on the domestic exchange Eticket4 or on the foreign exchange. With a balance of more than 10,000 tokens, the event organizer gets the opportunity through the smart contracts to regulate the secondary ticket market for its events issued on the blocking platform: limit re-sale or set the limit ticket price, and receive commission from secondary transactions.

Ticket brokers who earn income in ET4 tokens can also provide their liquidity with fiat money at any time, and with a balance of more than 1,000 tokens, the distributor gets access to expanded analytics and ticket price forecasts. In the second half of 2018, ETicket4 plans for brokers to realize the possibility of concluding forward contracts for the purchase of tickets on the domestic brokerage platform on the platform.

The token sale will begin on Pre ICO on January 30, 2018, the price of one token is 1/1000 ETH.


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