What is Lamoneda?
We are keenly interested in the event ticketing industry and we aim to make this industry better by employing the service of blockchain technology via the Lamoneda platform.
The Lamoneda platform keeps the process of buying/selling an event ticket clean and simple for everyone involved.
We aim to provide a transparent platform that holds no surprises for clients and customers when it comes to pricing and exchange of service. There are no tricksters when it comes to Lamoneda. This makes Lamoneda a user – friendly platform that keeps the process of purchasing a ticket as simple and clean as possible for all parties involved.
What is Lamoneda Coin?
Lamoneda is a decentralized blockchain token network that powers and engineers a unique smart contract ticketing system otherwise known as (SmartTickets). Lamoneda aims to solve the problems with current event ticketing systems available today, with providing the benefits of decentralization derived from the blockchain technology.
Ticket touting, also known as ticketing fraud, is believed to be a multibillion-dollar market. Also, online ticket fraud continues to rise annually.
When general tickets for an event becomes available for sale, scalpers are known to device every means necessary to snatch these tickets off the primary market only to be resold in the secondary market at a ridiculously higher price.
The activities of scalpers in theevent ticketing industry have ledto the incessant rise in ticketpricing due to greed andmonopolistic profit approach.
Overpriced Resale tickets
Scalped tickets are being resold, on secondary markets for an outrageous price, this is slowly degrading the event industry.
2017 Q4 - The Idea of Lamoneda
2018 Q1 - RELEASE OF THE WHITEPAPER 1.0
2018 Q2 - Presale.We decided to launch the presale to raise the initial funds needed to bring this idea to life.
2018 Q3 - Crowdsale and distribution of the coin
2018 Q3 - Development of the MONEDA Protocol that enables the control of sales and trade between ticket holders from the moment the first ticket is sold until the last ticket is scanned. Every ticket is created uniquely.
2018 Q4 - The Beta versions of our App will be released
This will allow the users to test for any bugs and give us feedback.
2018 Q4 - The final release of the App to the general public
2018 Q4 - Desktop Application Client. This will enable the user to access our product and services from a desktop.
2019 Q1 - Exchange Interface. This will enable our users to exchange LMDA token to any other cryptocurrency for event ticket purchase
2019 Q2 - Our first SmartTicket on the blockchain. We will be creating our own event to test our products across Europe.
2019 Q2 - Lamoneda Database will hold necessary data of users. ie: event information and ticket history.
2019 Q3 - Multiple events throughout Europe and Africa
2019 Q3 - Our own promotional platform
2019 Q4 - New roadmap