TokenStub initial coin offering (ICO)

Event ticketing marketplace



TokenStub is a decentralized infrastructure for event ticket sales, which aims to disrupt the $33 billion event ticketing industry. The ticketing industry is plagued with problems. Consumers are blocked from the primary market due to the proliferation of sophisticated resellers who use bots to buy up the majority of tickets. When consumers are able to access the primary market, typically only subpar seats are available – and customers must pay exorbitant fees to secure those seats. If tickets to an event are sold out, consumers typically turn to the secondary market to source their tickets. On the secondary market, they also pay high fees and risk fraud due to the lack of transparency.

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Starts in 1 year ago
2017-08-23 - 2019-05-24
Token
STUB
Price in ICO
1 STUB = 0.10 USD
Accepting
Hard cap
15,000,000 USD
Raised
0
preICO start
Aug 18, 2017
preICO end
Aug 23, 2017
ICO start
Aug 23, 2017
Report

About TokenStub ICO

TokenStub’s blockchain-based decentralized ticketing platform provides natural solutions to many of these challenges and promises a fair, efficient and secure marketplace for both buyers and sellers.
Greater access
The TokenStub platform utilizes a unique profiling and queueing system to ensure that real customers are able to access the primary ticket sales market rather than bulk ticket buyers. This ensures that individual customers have greater opportunity than the scalpers to purchase front row seats.
Lower fees
TokenStub has fewer overheads than a centralized ticketing marketplace and is able to distribute those savings to both the buyers and sellers. TokenStub only charges the seller a low 1% service fee on the price of each ticket sold in the marketplace. Service fees are used to cover TokenStub’s operational expenses. Resold tickets incur a 5% fee passed on to the previous holders of that ticket. Buyers do not pay any fee.
Transparency
Unlike traditional sales channels, all transactions occurring on the blockchain can be viewed by the entire community. In the current market, there is no way to determine if a primary ticket seller has released a small portion of their tickets on the primary market and subsequently dumped the rest on secondary markets with a massive markup, which seems to be a common technique in the industry.
Seller incentives
With traditional ticket sales, after a transaction is complete, the seller no longer has any ties to that ticket. With TokenStub, upstream sellers of the tickets continue to collect revenue each time the ticket is resold. Whenever a ticket is resold, 5% of the profit over the previous sale is charged as a fee and distributed evenly between all previous sellers of the ticket.

TokenStub reviews

PlumBot
ICO Analyzer Bot
Rated on Sep 2, 2018
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TokenStub ICO price

Price in ICO

1 STUB = 0.10 USD

TokenStub (STUB) crypto

TokenStub coin

TokenStub token
STUB

TokenStub (STUB) value

Tokens for sale
150000000

TokenStub investment info

Accepting
Min. investment
1,000 STUB
Distributed in ICO
75%
Hard cap
15,000,000 USD

TokenStub whitepaper

TokenStub team

Apply as an advisor

Sean McHale

Chief Executive Officer

Erik Velie, Esq.

Chief Operating Officer

Dr. Philip Fernbach

Chief Strategy Officer

Brandon Stuart

Chief Marketing Officer

TokenStub milestones

1
Aug 18

WePower idea

2
Aug 23

WePower idea

3
Aug 6

WePower idea

4
Q1 2018

WePower idea

5
Q1 2019

WePower idea

6
Q2 2018

WePower idea

7
Q3 2018

WePower idea

8
Q4 2017

WePower idea

9
Q4 2018

WePower idea