Quote from: slashbi on March 07, 2018, 11:14:41 AM

https://i.imgur.com/ZXJiTcC.png

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Cultural Places - Official Announcement Thread

OUR ICO IS LIVE - TAKE PART IN THE BIGGEST CULTURAL REVOLUTION

WEBSITE

About Cultural Places

Cultural Places opens up a gate to all aspects of a cultural user journey
combining location based information, ticketing, crowdfunding,
map & routing and trip planning. All on one platform.

Cultural Places provides efficient ticketing utilizing the blockchain,
which makes agency intermediates unnecessary.
Result: cheaper tickets, better margins.

The platform offers a fundamentally new approach to
cultural crowdfunding connecting institutions,
artists, patrons and private donors.

Platforms are the most successful business model of today and tomorrow (UBER, Airbnb, TripAdvisor, etc.)
Connecting all participants of an eco system creates vital business opportunities
Providing a holistic information- and entertainment experience throughout the whole user journey is key
For cultural institutions, event organizers, artists, etc. addressing the customer on an individual levels is the key tool for promoting diverse offerings
Making transactions as easy, transparent and reliable as possible for customers will lead to more usage and trust
Theres huge potential for the optimization of the ticketing- and crowd funding-process in terms of pricing, fees, fraud, control, trust, transparency, communication and marketing
There is no platform at the moment, which achieves these goals

Cultural Places Ecosystem

About Cultural Places

Cultural Places is the first holistic platform in the cultural sector that connects
visitors, institutions, artists, content creators and donors. Cultural Places will
disrupt the cultural sector as it redefines the relations between all stakeholders
and creates new business opportunities. The core is its own crypto currency the
Cultural Coin based on blockchain technology. That reinvents and simplifies
cultural financing, sponsoring and ticketing.

About Oroundo

Cultural Places is created, developed and run by Oroundo. Oroundo is an already
successful international start-up with the vision to create the largest social
network and the most notable partner for culture and tourism. The company is
headquartered in Vienna, Austria Europes stronghold of music and art.
Oroundo operates in 6 countries with 4 offices, more than 30 employees and 34
partners.

Token Distribution

Out of 1,5 billion generated Cultural Coins 900 million Cultural Coins (60%) will be offered to the public within the ICO. Unsold Cultural Coins will be burned after the 5th of April 2018. 10% (150 Mil) of the Cultural Coins will be placed in the stability pool. 2% (30 Mil) of the Cultural Coins will be reserved for the bounty program. 5% (75 Mil) will be distributed among the shareholders of the Cultural Places Oroundo Mobile GmbH. 23% (345 Mil) of the Cultural Coins will be holdback to equip all partners, team members, advisors and early investors with Cultural Coins. This is not only a reward for their efforts but also an act of commitment to this very important group, that is hard working to realize the vision of Cultural Places. With this dedicated coin pool Cultural Places is not only securing strong partnerships, it also implements important features and services of their partners (e.g. rating systems, exchange systems, etc.) within the Cultural Places product and gets access to their communities.

Reward Program

Opportunity Program

1% of all spendings on Cultural Places will be transferred to all Cultural Coin holders. This is the reward of being part of Cultural Places ecosystem and making a vision come true. Cultural Coins arised from the opportunity program will be distributed on a regular basis based on the amount of Cultural Coins a user holds in his/her wallet.

Customers Loyalty Program

1% of a users spendings on Cultural Places (e.g. from ticketing and shop sales) will be transferred back to the user in our loyalty program as Cultural Coins - Cultural Places own cryptocurrency. Users will therefore collect Cultural Coins, similar to a frequent traveler program, to further use them reducing ticket prizes, donating in cultural projects or purchasing location based content. The loyalty program reward will directly be transferred to the users Cultural Places wallet in Cultural Coins.

Institution Royalty Program

1% of all spendings on Cultural Places will be put into a royalty program pot for all participating institutions. Every partner institution of Cultural Places will receive a share in Cultural Coins, which is depended on their turnover rate, their simple participation with their profile and their novelty to the platform. This raises the motivation for new institutions to participate in Cultural Places and offering content to the visitors. The distribution will happen on a regular basis.

TEAM

Roadmap

Be part of the biggest cultural revolution and join now!

Is there already anybody here part of the ICO of this Cultural Coin??? I mean, nowadays its not easy to have an overview of all this ICOs and which one to choose and in which one to trust....especially the last argument is very important to me. How could I have some confidence about an ICO in general and especially in this one?? The idea and the project is good, but you know....its the confidence which is needed to invest in it Wink