Disrupting the $30Billion Event Ticketing Industry with Blockchain – KickCity announces ICO

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KickCity,  a revenue generating Event Startup that plans to disrupt the event industry is introducing KICK – a decentralized, transparent and reward-based event token. KICK will be used for ticket purchasing, reward-based event promotion, event community building and will be available for trading in the exchange market. The company hopes to raise more than $7 million during the ICO (Initial Coin Offering).

“The first generation of the digital revolution brought us the Internet of information. The second generation — powered by Blockchain technology — is bringing us the Internet of value: a new platform to reshape the world of business and transform the old order of human affairs for the better”-  Don & Alex Tapscot.

The Event industry is in need of disruption with multiple problems like:

  • expensive ticket price due to high transaction fees from banks and credit card companies;
  • ineffective non-transparent advertisement  / expensive event promotion campaigns;
  • ticket touting, reselling and availability of fake tickets.

KickCity will allow for the development of a universal token for events — ‘KICK’ and KickCity protocol which is composed of Ethereum Smart Contracts will allow for the development of  a decentralized event platform and promotion asset, ticket processing and transactions and event community building. An ideal solution for the event industry where all the participants in the marketplace are satisfied.

KickCity – is a community-based social event platform for event organizers and attendees. For the past year, ‘KickCity, Inc.’ has focused on building community around events, providing event organizers with tools to create, promote and monetize their events.

KickCity is:

  • a ‘Y Combinator’ Startup School alumni
  • operates in several continents
  • the first event platform that accepts Bitcoin payments for events

Using Blockchain, KickCity plans to connect event organizer with attendees without third party interruption like banks (for processing), provide a trust system and allow effective marketing.

KickCity recently received grant from the Helsinki Government and also is currently discussing cross-platform integration with big Russian telecommunication giant.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) – Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He’s written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein’s professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he’s travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, “The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he’s raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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