ravExchange helps fans of EDM buy and sell tickets safely. We built a platform called Woobly that connect buyers to sellers and fans to artist. With the growing popularity of Electronic Dance Music there has been an influx of sold out events. When fans are unable to get tickets to their favorite shows they turn to sources such as Craigslist or Stubhub to buy their tickets. The problem is when you buy on sites like Craigslist, you don’t know who you are buying it from, and we have seen through a year of testing and feedback that majority of tickets bought off Craigslist ended up being fake and fans are left outside of events stranded without a ticket. Buying or selling tickets on Stubhub will leave fans paying outrageous fees. As a seller, you pay 15% to have your ticket listed and as a buyer you pay 10% to purchase the ticket. At the end of the day both fans are left with less money and Stubhub is the only winner. The ravExchange platform allow fans to buy and sell tickets without fees and to improve the user experience, we provide users the ability to verify their identity through a few different methods, such as connect their social media profile or verifying their government ID. Users are also urged to write reviews about their transaction on the fan’s profile after a transaction or “endorse” friends that they trust so other fans has an easier time choose whom to transact with. The problem we are looking to solve is to provide fans a safe and reliable place to safely buy/sell tickets and connect with other fans. Although we have a free marketplace, we also offer premium service. With the free marketplace, users are responsible for the exchange of the ticket and receiving payment. Through our premium platform, sellers are able to upload their ticket to our platform and when a buyer wants to purchase that ticket, they simple add to their cart and buy the ticket, which gets sent to their app to be used. We take a small transaction fee for this convenience. Consumers lose over $100,000,000 to ticket scams – well, we’re here to fix that. This platform already has over 50,000 users and we haven't even launched our website yet. Since April 2015, we have been running experiments via a Facebook Group page (Search for ravExchange on FB) - with over 35,000 users and thousands of exchange per month. We have validated our concept and are ready to move to the next stage. We have a STRONG fan base and there is great buzz in the market place for our platform. We have high ambition, we want to take the Woobly platform and use it for other music genres and sporting events. Our founding team is comprised of the Dennis Ho, CEO, Steven Bui, President, and our CTO, Dennis Berko.