Guts, an Amsterdam, The Netherlands-based blockchain ticketing company, raised approx. €6.25m in its ICO.
On December, 13th, 2017, the crowdsale was closed with over 10.9k Ether raised from 1180 contributors.
The company is using the funds to continue to expand operations and business reach with plans to sell over a million tickets in 2019.
Led by CEO Maarten Bloemers, Guts Tickets is a ticketing company selling tickets via the blockchain since 2016 to prevent fraud and ticket touting. The platform leverages the Blockchain to make tickets smart: a ticket knows when it’s being resold and automatically generates a new unique get-in-code for every new owner.
The company struck a deal with Hekwerk in Holland and also enlisted the manager of the no. 1 DJ in the world, Martin Garrix and Chris Payne from the Adèle and Maroon 5 booking agency, ITB, in London, to assist them in getting their product adapted internationally.