Did I get it right that the business is based on blockchain-powered ticket sales for gigs, exhibitions and stuff?
Yes this is one part!
The other part is that the platform offers a fundamentally new approach to cultural crowdfunding connecting institutions,
artists, patrons and private donors.
In this way the crowdfunders can support projects, artists and institutions they are interested in, right? So with the Cultural Coin I not only can buy tickets for, let's say a concert of my favorite artist, but also help him to collect the money needed for realizing a new album or something like that?
every artist and institution can make an account and present his/her project to the community and raise money - like kickstarter