 | UTIX |
UTIX is an online, decentralised blockchain event hosting and e-ticketing platform.
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What is UTIX
UTIX is an online, decentralised event hosting and e-ticketing platform that utilises smart contracts to reduce market inefficiencies and provide event organisers (EO) with variables they conventionally would not be able to control. UTIX users and event organisers can buy or sell tickets through cryptographic signatures stored on a blockchain that cannot be altered or destroyed, removing the requirement of centralized servers, over-reliance on costly third parties and other negative externalities that arise through an unregulated free market mechanism. UTIX uses its own protocol to lend tokens to an event organiser to be distributed to a user when a ticket to their event is purchased.
UTIX Roadmap
Developing first model for a next generation e-ticketing platform. ClubCo.
Dylan and Max transitioned into cryptography.
Drafted the concept of combining the software of ClubCo, blockchain software and mining.
The initial beta of the protocol was built to test the viability of our idea. An immense success, the whitepaper was then drafted and UTIX was born.
Following the sales implementation teams will spread over 67 countries.
The team will manage the adaptation of the project to the requirements of national regulators.
Token Allocation
Token distribution
62% - general sale
17% - reserve fund
10% - pre-ICO
7% - founders
2% - developers
1% - strategic partners
1% - advisors
Funds allocation
60% of the budget to the research, development, and growth of the UTIX platform.
22% of the budget for the hiring of promotional and sales staff.
7% of the budget towards operational costs.
8% of the budget towards retaining legal and accounting representation.
3% will be set aside for un foreseen costs/force majeure.
Token Price and Payment Options
Project team
Advisors
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