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Tixico Readies for Impending ICO Pre-Sale – New Event Ticketing Platform Based On The Blockchain Instantly Adds A New Paradigm To The Event Ticketing Industry

Tixico Readies for Impending ICO Pre-Sale – New Event Ticketing Platform Based On The Blockchain Instantly Adds A New Paradigm To The Event Ticketing Industry

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Cryptocoins News / ABITCO.IN 108 Views

Tixico is an innovative event management ecosystem which turns tickets into a virtual asset and offers support to event organizers to fund their events. It is unique in all the world as it brings blockchain technology into the event ticketing industry.
Blockchain Technology and smart contracts have found their way into almost every sector of every industry. It was only a matter of time before some forward-thinking company would introduce cryptocurrency and the blockchain into the event ticketing sector. Tixico aims to disrupt the ticketing industry with the announcement of their upcoming ICO Pre-Sale. It is clear that the way ticketing is executed and how events are funded will never be the same.
The event ticketing industry is replete with problems. A company spokesperson explains:
The market structure as it is today only allowing little to no control over the ticket prices once they are sold at the primary market. Such high-end events usually are sold out to ticket scalpers who resell the tickets with high markups. This means that the organizers miss out on additional revenue they could have gained from the secondary market and potential attendees miss the event altogether because of the high markup price. There is …

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