EventChain
EventChain
Token: EVC


Smart Ticketing platform

ICO dates
Start date: 2017-09-13
End date: 2017-10-14

Registrated in: Canada

Platform: Ethereum
Type: ERC20

PREMIUM ICO

https://eventchain.io/ Screenshot
EventChain categories
Entertainment
EventChain whitepaper
Video
EventChain token sale
KYC passing required No | Whitelist No | Restriction for countries No
Tokens for sale 54,600,000
Token distribution in ICO
65%
65%
Price 1.47 USD
Acceppting ETH
EventChain news, social
EventChain search trends in Google
Random whitepaper excerpts

Table of Contents
OVERVIEW....................................................................................................................................... 4
About EventChain ....................................................................................................................... 4
Decentralization .......................................................................................................................... 4
Mission Statement ...................................................................................................................... 4
Interaction with the Ethereum Blockchain................................................................................. 5
Payment Processing .................................................................................................................... 5
SmartTicket Computational Costs .............................................................................................. 6
Centralized Event Industry...........................................

BOARD OF ADVISORS .................................................................................................................... 15
Dr. Steven Funk ......................................................................................................................... 15
Piotr Piasecki ............................................................................................................................. 15
Jeans Tang ................................................................................................................................. 16
Dror Medalion........................................................................................................................... 16
Dr. Amir Hajbaba....................................................................................................................... 16
Amin Bohio................................................................................................................................ 17
Rob Whittle ...................................................

OVERVIEW
About EventChain
EventChain
TM
is an advanced decentralized blockchain token network that powers a unique
smart contract ticketing system (SmartTickets™). EventChain solves many of the problems with
current event ticketing systems available today while providing the additional benefits of using
a blockchain as the foundation. Both the EventChain system and its tokens (“EVC Tokens”)
encourages everyone in the ecosystem, including all stake holders such as event managers of
sport and concert events, party organizers, social clubs and ticket purchasers to sell or buy
SmartTickets using EVC Tokens and other traditional payment methods.
EventChain will provide a simple user interface for event managers to manage and execute
SmartTicket sales globally for small to large events supported by the underlying blockchain
technology and EVC Tokens, empowering a true peer-to-peer network for buying and selling
tickets to events.
EventChain has the opportunity of becoming the ...

Interaction with the Ethereum Blockchain
EventChain's Ethereum blockchain backbone provides the necessary framework to implement
scalable, fast, and cryptographically secure SmartTicket transactions. The system will utilize
smart contracts as the underlying technology for the creation of SmartTickets, harnessing the
functional power of EVC Tokens as a proof-of-purchase. EventChain’s ticketing platform can
operate with fiat currencies; however, the SmartTicket utility is optimized when using EVC
Tokens.
SmartTickets act as a proof-of-purchase for any event, containing enforceable pre-set
conditions programmed into the ticket’s underlying smart contract code using Ethereum’s
native programming language Solidity. These conditions can be tailored to store immutable
information for any type of event imaginable.
Implementing EventChain’s blockchain token network for event management presents the
opportunity to upgrade the current event ticketing industry to faster transactions, indisputable
<...

SmartTicket Computational Costs
Blockchain costs are limited to a variable “gas” fee on the Ethereum network. Gas exists only
inside of the Ethereum Virtual Machine and is calculated based on the amount of work being
performed inside of a transaction. For larger and more complex SmartTickets (in terms of the
amount of work needed to compute the programming in the underlying smart contract) the gas
fee will be higher. The Ethereum blockchain currently averages only a few cents per
transaction, significantly lower than credit-card and bitcoin transactions.
Centralized Event Industry
The major event ticketing companies today run a billion dollar industry in a monopolistic
fashion. The majority of the ticket sales are facilitated by Ticketmaster, consistently driving
prices higher than the original ticket price and forcing ticket purchasers to abide by their rules
while offering no available alternatives. The current business practices encapsulate a capitalist
mentality that adds little value to th...

Ticketmaster/Live Nation
Ticketmaster’s current monopolistic domination of the ticketing industry produced $8.3 Billion
in revenue in 2016 [3], with the majority coming from convenience fees, processing fees and
transaction fees. In many cases, these “convenience” fees are unavoidable and there is no
alternative because Ticketmaster prohibits alternative purchasing methods.
StubHub
StubHub is owned by eBay and went from providing a small service to buy and sell tickets for
events on the resale-market, to running an international ticketing marketplace. They take a
commission fee from each ticket purchase. StubHub’s fourth quarter gross merchandising
volume was $1.24 billion in 2016 and has grown 20-30% year-over-year [4].
Page 7
...

TICKET INDUSTRY ISSUES ADDRESSED
EventChain will provide solutions for the following issues in the event ticketing industry:
Ticket Issues

Counterfeit tickets are created and sold for events.
o
A finite amount of immutable SmartTickets will be available for each event and
are tied to an event’s smart contract. Each SmartTicket has a unique nonce, or
unique sequence number that makes it impossible to be sold multiple times or
counterfeited on the network. Proof of ownership can be verified through the
Ethereum blockchain by implementing zero-knowledge proofs whereby a
purchaser can prove ownership of their ticket without revealing any information
besides the fact the ticket is theirs.

Tickets are often hard to resell with undeniable proof that the ticket is an authentic
original ticket.
o
EventChain can seamlessly transmit tickets through the blockchain to anyone for
gifting or reselling.
SmartTickets have the ability to maintain data i...

o
EventChain will have an integrated ticket resale reputation system, allowing
event ticket vendors and resellers to build and grow their reputation as they sell
SmartTickets. Scalpers will be clearly identified by their SmartTicket reputation.
Other Issues

Pre-sale ticket offerings are often not transparent.
o
Using the Ethereum blockchain as a foundation brings a higher level of
transaction accountability, scalability and fungibility to the event ticketing
industry than any existing centralized ticketing architecture available. The
EventChain network on the blockchain brings complete transparency to all
parties involved.

Event ticket services opt-in ticket purchasers into unnecessary subscriptions to media
and marketing material in a deceptive manner during the ticket purchasing process.
o
Where EventChain will not lend themselves to deceptive tactics, SmartTickets
underlying smart contract code is fully programmable and SmartTickets could be...

EventChain Roadmap

1
2017 Q4 - EventChain Professional SmartTickets
EventChain.js will integrate a SmartTicketing infrastructure which harnesses exclusive benefits enabling functional programming inside of SmartTickets.
2
2018 Q1 - EventChain Ticket Exchange Interface
EventChain will create a ticket exchange interface to enable users to effortlessly buy, sell and trade their authentic tickets in a matter of seconds. Users will utilize an interface that pulls available information from the EventChain database in order to exchange SmartTickets.
3
2018 Q1 - EventChain Database
The EventChain database will hold relevant information of user data, event information and ticket history. Storing excess data on the Ethereum blockchain can be very costly and ineffective at this point. By leaving the Ethereum blockchain focusing solely on completing transactions users will have a faster and smoother ticketing experience.
4
2018 Q1 - EventChain Oracle
An external Oracle will act as a communication channel between users and the Ethereum Blockchain for implementing further functionality into SmartTickets including smart contract functionality. Oracle based contract execution communicates to users with the Ethereum blockchain, verifying the validity of SmartTicket transactions in a reliable and efficient manner. The EventChain oracle will store external personal and historical data to remove excess computational stress from the blockchain.
5
2018 Q2 - EventChain Mobile Wallet Client
EventChain will develop a mobile platform for accessing the SmartTicket framework on both iOS and Android apps. With the majority of users transitioning primarily to mobile computing, these applications will likely be the principal source for buying and selling tickets conveniently. With the EventChain apps, anyone will be able to purchase a ticket for an event quickly and easily. An event goer could theoretically purchase a ticket outside of a venue and within seconds have an immutable ticket on the blockchain for attending an event.
6
2018 Q2 - EventChain Desktop Wallet Client
EventChain’s standalone desktop system will enable users to access EventChain’s platform from any computer or mobile device. It will also include an Ethereum ERC20 light wallet for holding and managing EventChain EVC Tokens and other ERC20 tokens, checking balances and quickly buying or selling SmartTickets with other users directly. In the case where purchasers don’t have a mobile device, printing a ticket or writing down the public and private SmartTicket keys on a piece of paper can prove SmartTicket ownership entering an event with no portable technology needed.
7
2018 Q4 - EventChain VR SmartTickets
EventChain in partnership with the SPH VR Network will release a Virtual Reality based VRTicketBox to purchase tickets for VR and non VR events.
Ashton Addison
Ashton Addison Chief Executive Officer

Hasham Ahmad
Hasham Ahmad Lead Developer

Jesse Couch
Jesse Couch Core Developer

Chong Foo Chaw
Chong Foo Chaw Managing Director, Zhaolim Pte. Ltd.

Lance Shaler
Lance Shaler Executive VP

Dino Bassanese
Dino Bassanese Chief Product Manager

Jay Addison
Jay Addison President

Dr. Steven Funk
Advisors Dr. Steven Funk Silicon Valley Billionaire

Piotr Piasecki
Advisors Piotr Piasecki Core Developer, Factom

Jeans Tang
Advisors Jeans Tang Founder & President of Blockchain Research Institute

Dror Medalion
Advisors Dror Medalion CEO of Bitjob.io

Dr. Amir Hajbaba
Advisors Dr. Amir Hajbaba PhD, Corporate Finance

Amin Bohio
Advisors Amin Bohio Security Researcher, Penetration Tester

Rob Whittle
Advisors Rob Whittle Marketing and Advertising

Richard Patterson
Advisors Richard Patterson Event Promoter

Tanis Mercado
Advisors Tanis Mercado Project Development

Keith Lownie
Advisors Keith Lownie MBA, CPA, CA

Tony Simonovsky
Advisors Tony Simonovsky ICO focused Growth Hacker

Tony Simonovsky
Tony Simonovsky
ICO focused Growth Hacker
ICO Success Manager
CEO InsightCryp.to
Marketer
Token Sale Advisor
Richard Patterson
Richard Patterson
Event Promoter
Serial entrepreneur & innovator with over 35 years experience of founding, managing and growing successful businesses
Dror Medalion
Dror Medalion
CEO of Bitjob.io
CEO & Co-Founder
Blockchain Entrepreneur, Co-Founder & CEO BitJob.io
Chairman of the Board & Co-Founder
Jeans Tang
Jeans Tang
Founder & President of Blockchain Research Institute
Invester
Jay Addison
Jay Addison
President
President, EventChain
President, EventChain SmartTickets Crypto Broadcaster on Reuters Insider Financial Network
Ashton Addison
Ashton Addison
Chief Executive Officer
Chief Marketing Strategist
COMMUNICATION ADVISOR
Chief Marketing Strategist
ICO Expert Advisor
CEO/Founder at EventChain SmartTickets