A Live Video Token Sale Platform

THE FUTURE OF OPPORTUNITY
We welcome you to a new world where the accelerated evolution and growth of business is now unfolding.

As decentralized technology improves and becomes accepted, current means of creating lucrative businesses are rapidly becoming obsolete. This is spurring dynamic entrepreneurs to seek new ways of getting their professional ideas into action. Our groundbreaking application provides a new way for prospective startups to gain the capital and exposure needed to achieve their greatest potential.

Pitch allows innovative entrepreneurs to quickly launch token sales and sell a portion of tokens via live video pitches to seasoned business experts. An engaged, live audience has the ability to actively participate by leaving their own questions and comments during the pitch, and also instantly and easily buy tokens for any projects that catch their attention.

The PITCH project empowers entrepreneurs/startups to easily connect with investors, business experts, and live audiences. It will power the future of token sales for projects of all sizes.

Decentralization
The Ethereum network has, to date, supported 1,000,000 transactions in a single day. Unfortunately, the confirmation times for transactions can be quite long, and in order to provide a quality user experience, transaction times need to be kept short. That’s why the Pitch Investors Live app which currently exists and is available now is primarily supported by a centralized infrastructure.

The iOS app runs on the device (iPhone) which belongs to the user. However, the device connects to the backend, which runs on AWS and related services. At the time of our token sale, users will be able to trade PITCH tokens for limited features by sending them to a smart contract address listed on the project website. A main benefit of the tokens used on the Pitch Investors Live platform being issued on the Ethereum blockchain is that it allows users to feel confident that their tokens are really theirs, that nobody has the ability to revoke them, and that they can transfer them to another owner at will without difficulty.

Ownership of tokens is handled using token contracts which run on the Ethereum blockchain, and can be managed entirely from Ethereum wallets. Integrating with the Ethereum blockchain from the centralized app which currently exists has therefore become a priority for the Pitch Investors Live project team and is only the first step on the path to full decentralization. Following the token sale, our team will move additional parts of the application into Ethereum contracts so that all major functions of the application run in a transparent way. Assets such as images, videos, and javascript files will be moved onto IPFS (Inter Planetary File System) so that finding them does not rely on a central entity. Live video features (currently done using WebRTC) will be decentralized as much as possible, although in the short term may rely on some single points of failure. There are already some decentralized live video solutions coming to fruition and we intend to properly evaluate options and make seamless the process of swapping out one for another. Identity will be managed on blockchain, and we are planning on fully integrating with uPort by Consensys in support of this.

In-app token purchase mechanism
One of the most important features we will be implementing is the ability for users of the app to purchase tokens. Each seller of tokens (the entrepreneur or startup) will allocate tokens for sale via their own crowd sale contract. The terms may vary according to the entrepreneur featured. Interested parties may send PITCH tokens to the crowd sale contract address. Since PITCH tokens are ERC-20 tokens, and the featured entrepreneurs will also offer ERC-20 tokens, Pitch Investors Live will utilize a mechanism whereby the Ethereum address which sends PITCH tokens to the crowd sale address will be the recipient of the ERC-20 tokens offered in the crowdsale.

The Pitch Investors Live interface will make it easier for users to exchange tokens without copying lengthy and difficult to-remember Ethereum addresses. It is our opinion that users should not have to concern themselves with the complications of the technology that powers their tokens and use thereof.

PITCH token sale details
We will create a fixed supply of 1,618,000,000 (1.618 billion) ERC-20 tokens using the symbol, PITCH. PITCH will be divisible to 9 decimal places. The token sale will be conducted via Ethereum smart contracts. To purchase PITCH during the token sale, participants will send ETH to our token sale contract addresses, which will be displayed on our landing page, and we will immediately transfer ERC-20 tokens to the same address that sent the ETH. Participants will be invited to purchase tokens only after we have reviewed and accepted their identity.

We will offer 20% of the limited number of tokens via a series of eight (8) rounds, each offering the same number of tokens. Each round will have a fixed price that is higher than that of the previous round. When the tokens available for the first round are all sold, the second round will begin, and so on until all tokens are sold.

Tokens will not be tradeable until the token sale concludes.
There is no expectation of profit from the purchase of these ERC-20 tokens. These tokens are intended solely for purchasing services and swapping for other tokens on the platform.

Token distribution event
To be notified of updates regarding the token distribution event, anyone who wishes to participate is invited to provide their email address at https://tokens.pitch.ventures. Prior to participating, the token sale process may require proof of identity and / or residence (especially for larger purchases) in order to ensure regulatory compliance. Further announcements regarding the process will be made via email, social media and website properties.