block tix (TIX)

Block Tix (TIX)

Block Tix (TIX) connects event organizers with an incentivized community that actively reduces the associated costs of event hosting by up to 90%. As an alternative to ticket distribution services such as Ticketmaster, Eventbrite, and Stubhub, Block Tix will allow for a much more efficient and secure transaction. Not to mention the fees that these current models charge both buyers and sellers. This provides a direct link from the promoters to the engaged audience. Based on the Ethereum blockchain, Blocktix is a simple and secure solution to distribute counterfeit-proof event tickets as well as facilitate trustless p2p transfers of ownership. This smart contract utilization ensures dependability, security, and will undergo rigorous external security auditing. The platform discourages for-profit ticket trading (scalping). With a multi-million dollar budget to promote events for user acquisition, TIX expects to bring in 200,000-300,000 users.