UTIX TICKETING PLC was incorporated in England and Wales on 24 March 2021 as a public limited company under the provisions of the Companies Act 2006 of the United Kingdom. The Issuer has been established as a Special Purpose Vehicle for the purpose of issuing Bonds. The principal activity of the Issuer is to raise capital for a further distribution to the three separate branches in Europe, the United Kingdom and the U.S. that serve through UTIX platform that will use raised capital for the purpose of the improvement of the blockchain ticketing services in the three markets that UTIX operates in.
UTIX is a UK/US/EU based e-ticketing company with a nimble dynamic team that have been working on building the perfect eticketing platform for the last 2 years. They have worked with top Solidity and Blockchain developers to create a system that puts the power of an event back in the hands of users and the event organiser.
UTIX have done the hard part, the aim now is to cultivate a community of event organisers, artists and users that want to take control back from secondary e-ticketing sites and provide fair market value to all. A dedicated team of developers, entrepreneurs and advisers, UTIX is here to eliminate market inefficiencies.
UTIX is an online, decentralised event hosting and e-ticketing platform that utilises smart contracts to reduce market inefficiencies and provide event organisers (EO) with variables they conventionally would not be able to control. Users and event organisers can buy or sell tickets through cryptographic signatures stored on a blockchain that cannot be altered or destroyed, removing the requirement of centralized servers, over-reliance on costly third parties and other negative externalities that arise through an unregulated free market mechanism. Through a user-friendly interface, an event organiser/user will have all the functionality of a blockchain, without the added complexities typically involved. By utilising smart contracts, UTIX can reduce complication, cost, and minimize the threat of fraud. The UTIX solution is to enable users and event organisers to seamlessly use smart contracts on the Ethereum network to control each of the variables that ultimately lead to market inefficiency.
The UTIX protocol eliminates any possibility of counterfeit tickets being sold, ensures that secondary pricing can be controlled and allows the event organiser to enjoy all the benefits of using a blockchain system, without the complexities involved.
THE MANAGEMENT TEAM
MAXWELL MAYHEW – DIRECTOR OF OPERATIONS AND SALES
Max earned his Bachelor of Science in Industrial Economics from the
University of Nottingham, then continued his education at the Chartered
Institute of Securities and Investment to become an RDR compliant
advisor. Max was the head of trading for the Ceres Fund, a quantitative
fund in Europe. However, his main passion has always been E-ticketing,
having founded ‘ClubCo’, an e-ticketing software in 2013.
MIHKEL TALI – DIRECTOR OF TECHNOLOGY AND DEVELOPMENT
Tallinn, Estonia (But will be moving to London, UK)
Mihkel is an extremely passionate developer that does not stop until he
has a full understanding and grasp of the task or undertaking ahead.
Mihkel studied Economics at the University of Tartu, whilst also
attending the Estonian IT college to major in software development.
Mihkel has worked for various hedge funds developing equity and
currency statistical arbitrage algorithms, and is also the cofounder of
Driftband, a company that produces variable types of wearable
technology. Driftband won an acclaimed product development award in
Estonia, issued by Teamlab.
ANDRA LOCIKA – DIRECTOR OF COMPLIANCE
Andra earned her Bachelor degree in Business Administration from the
BA School of Business and Finance, then built her career in private
banking and compliance areas. In particular, in the JSC “TRASTA
KOMERCBANKA” Cyprus Branch, she rose to Senior Private Banker,
since 2012 she also moved to the position of Deputy General Manager
and worked there until 2016, after which she worked in the positions of
Compliance Officer and Head of Compliance, currently working in
CAFMAN LIMITED (ASP regulated by CySEC).
This term sheet is for general information purposes only. The content is for the use only of the recipient. No responsibility is accepted to the recipient for any third party who may use or rely on the whole or any part of the content. Reliance should not be placed on the views and information in this presentation when making individual investment and/or strategic decisions. This term sheet only provides headline information relating to the Bond offering and is not intended to form the basis of a decision to purchase securities or any other investment. The statements and opinions contained in the document are given in good faith but are not a substitute for further detailed analysis and independent enquiry on the part of the recipient. The Prospectus relating to the Bond contains all relevant information and should be considered carefully. This document is aimed solely at professional, sophisticated investors and not members of the general public and if you do not qualify as a professional investor, this investment is not right for you and you should not continue to read this term sheet. Your Capital is at risk. The value of your investment can go down as well as up. You may get back less than you invested. Please ensure that you understand the details of this Bond offering and do not focus on the headline benefits. All potential investors’ circumstances are different, and all investment is speculative and involves risk. You must understand the risks involved in this offering and make a decision that is appropriate for your personal circumstances. Take advice if you feel that you need to. The distribution of this document may be restricted in certain jurisdictions and it is the responsibility of any person or persons in possession of this document to inform themselves of, and to observe, all applicable laws and regulations of any relevant jurisdictions. UTIX TICKETING PLC expressly disclaims liability in negligence or otherwise for representations expressed or implied, contained in, or omissions from, this term sheet or any other written or oral communications transmitted to you or any third party and for any loss or damage suffered by you or any third party resulting from reliance on the contents of this term sheet
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UTIX Ticketing PLC
71-75 Shelton St Covent Garden, London
UK: +44 208 123 9443
USA: +1 561 922 9209
71-75 Shelton St Covent Garden, London