The long-awaited first buyback of 2019 will take place next week. In this blog details about the buyback will be disclosed.

Tickets sold in Q1 of 2019

Since 20 December 2018 a total of 59 214 tickets were sold with 743 tickets of these tickets resold on the integrated secondary market. In order to fuel the blockchain component of these tickets with the required GET to operate on the GET Protocol, GUTS Tickets will conduct a buyback totaling worth €36,055.40. This buyback amount is equivalent to $40,745 or ₩ 46,275,511.

The Q1'19 buyback is the largest buyback to date.

The first price tranche of €0.50 / GET will start at 14:00 (2 PM) local time on the 27th of March (Amsterdam +1 GMT — 1553691600). The buyback will end when the full order of €36,055.40 in GET has been filled by the open market participants.