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TokenStub is thrilled to announce the launch of their token pre-sale on August 18th, followed by their Initial Coin Offering (ICO) on August 23th in an effort to provide a fair, secure and decentralized event ticketing infrastructure. The blockchain-based platform aims to disrupt the $33 billion ticketing market by overcoming the pervasive challenges of traditional systems worldwide while creating a more efficient marketplace for both buyers and sellers.
Current platforms for purchasing sports, concert and theater tickets are rife with issues of fraud, lack of scalability, limited seating options and high costs. Resellers use sophisticated bots to make bulk-ticket purchases, which in turn blocks the average consumer from the market. Buyers are forced into the secondary market, where resale prices are often extortionate. This ultimately strips entertainers of any pricing power.
By creating the STUB token, the currency on the TokenStub network, the platform will have far greater control over fraudulent activity. Its technology will ensure that fees are kept to a minimum, enabling buyers to save while also giving sellers access to downstream revenues with newfound levels of transparency.
The TokenStub network relies on a decentralized architecture, which enhances security and reliability. The team behind the technology is led by executives with major industry experience, including Dr. Philip Fernbach, a professor at the University of Colorado; Sean McHale, former CTO of eBooks.com; and Erik Velie, one of California’s most respected attorneys.
“The status quo is unsatisfactory to consumers, retailers and artists alike. TokenStub promises a fair, more efficient and secure marketplace for buyers and sellers,” stated Sean McHale, CEO of TokenStub.
About Tokenstub:
To participate in the TokenStub ICO visit: tokenstub.io
To download the TokenStub white paper: tokenstub.io/wp
Follow us on Twitter: twitter.com/tokenstub
Chat with us on Slack: slack.tokenstub.io
Press Contact Email Address
info@tokenstub.io
Supporting Link
https://tokenstub.io
This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
The post PR: TokenStub Launches ICO to Decentralize $33 Billion Ticketing Marketplace appeared first on Bitcoin News.
Author: Bitcoin.com
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