Our blockchain platform, TykFrame is built on the Linux Foundation Hyperledger Fabric (initially contributed by Digital Asset and IBM), and maintained by the CrypTyKum Foundation. This platform will interconnect a network of independent member organizations into an Entertainment Industry Consortium.
The community members will share entertainment business and customer applications working on TykFrame and processing financial transactions coded in smart contracts (Chaincode) using its own native utility token: TykCoin (TYK).
StageWood provides a trusted platform where a collaborative community of Fans, Artists and Producers operate in a mutually beneficial environment.
The ICO will distribute the TykCoins to the community.
Available to private authorized investors through a Private Placement memorandum.
The Initial Token Sale will follow an Interactive algorithm as described by Teutsch and Buterin.
TykCoins carry inherited benefits derived from Blockchain Technology and its digital nature. Its use will allow innumerable benefits to fans and the entertainment community, including:
As the entertainment smart contracts “value transference tool”, participating organizations will benefit from the Token security and simplicity of transactions. Performers may elect to be compensated with TykCoins for their work allowing for easy transference without borders.
Producers will use the token to access the functionality of the smart contracts for their events organizations. Fans will use it to crowdfund events by purchasing early reward packages; pay for tickets to events and to acquire other services and products.
Reliable and low cost transfer of value, either TykCoins or actual event participating Tickets will be safely transferred from Peer to Peer and between organization members in a trusted platform. Blockchain technology provide security and transfer ledger control, eliminating scalper intermediaries.
Upon closure of the Token Sale, the raised funds will be distributed to related entities in order to proceed with planned developments. If all the available tokens for sale were to be sold at its minimum price of US$0.25 per TykCoin, the foundation would be receiving about US$200,000,000.
Our team works hard to realize the goals we have set ourselves.
Design & ICO Registration
Simple Agreement for Future Tokens (SAFT) & Private Placement Offering Memorandum (PPM)
Release of Tyket Mobile App MVP (Minimum Viable Product)
Interactive ICO (I-ICO)
Closure & Distribution Grants
Tyket APP Beta version Release, Stagewood Events Announcements & Sites Development Planning
TykFrame Beta Release
Any question? Reach out to us and we’ll get back to you shortly.
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