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UTIX

ICO

UTIX is an online, decentralised blockchain event hosting and e-ticketing platform.

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Overview

Project industryCommerce & Retail
Product typePlatform

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.

Details

Token supply: 250,000,000

Token info

Ticker: UTX
Type: Utility-token
Token price in USD: 1 UTX = 0.1 USD
Bonus program:
During the Pre-ICO, 25,000,000 tokens will be available at a 40% discount.
Stage 1 will consist of 55,000,000 available at a 20% discount.
Stage 2 will consist of 40,000,000 available at a 10% discount.
Stage 3 will consist of 20,000,000 available at a 5% discount
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.

UTIX Roadmap

1
2013

Developing first model for a next generation e-ticketing platform. ClubCo.

2
2015

Dylan and Max transitioned into cryptography.

3
Q3 2017

Drafted the concept of combining the software of ClubCo, blockchain software and mining.

4
Q1 2018

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.

5
February 2019

Following the sales implementation teams will spread over 67 countries.

6
2019

The team will manage the adaptation of the project to the requirements of national regulators.

Project team

Max Mayhew
Max Mayhew
Founder
Max Mayhew linkedin
Dylan Haupert
Dylan Haupert
Founder
Dylan Haupert linkedin
Mihkel Tali
Mihkel Tali
Head of Back-End Development
Mihkel Tali linkedin
Kris Pakala
Kris Pakala
Head of Front-End Development
Kris Pakala linkedin
Jerome Robinson
Jerome Robinson
Community Specialist Manager
Jerome Robinson linkedin
Jorge Otero
Jorge Otero
Blockchain Developer
Jorge Otero linkedin
Charles Lewis
Charles Lewis
PR and Marketing
Charles Lewis linkedin

Advisors

Nathan Howat
Nathan Howat
Advisor
Nathan Howat linkedin
John Bubalo
John Bubalo
John Bubalo linkedin

Social media

UTIX web-siteUTIX MediumUTIX TelegramUTIX InstagramUTIX TwitterUTIX Facebook

User rating:

5/5 ( 1 )
0

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