Introduction

Dear [Venue or Retailer Name],

We are excited to present an opportunity for your venue or retail locations to participate in ROCKRCOIN, a revolutionary blockchain-based platform transforming the global live experience industry. This document outlines how your venue can engage with the ROCKRCOIN ecosystem without traditional contractual obligations.

Your Venue’s Potential Roles in ROCKRCOIN

As a participant in the ROCKRCOIN ecosystem, your venue can engage in several ways:

1. Transaction Validator

   • Run validator software – either installed securely at your own venue or through ROCKRCOIN’s cloud SAS venue provision – to participate in the Proof of Authority consensus system

   • Help secure the ROCKRCOIN network by validating transactions

2. ROCKR Host

   • Use the platform to create and host live experiences (ROCKRs)

   • Engage with a global audience through our innovative reverse auction system

3. Community Hub

   • Serve as a focal point for local community engagement

   • Drive economic and cultural revitalization in your area

4. Governance Participant

   • Take part in the ROCKRCOIN governance process through the Electoral College system

5. Consortium Member

   • Be part of, and benefit from, ROCKRCOIN consortium bid approach for Regional Innovation Funding e.g. Europe’s Horizon Programme

Understanding Your Commitment

It’s important to understand that participation in ROCKRCOIN is fundamentally different from traditional business arrangements:

1. No Traditional Contracts: You won’t be entering into a traditional contract with ROCKRCOIN or the blockchain itself, as the blockchain is a decentralized system, not a legal entity.

2. Voluntary Participation: Your participation is entirely voluntary. You can choose to engage with or disengage from the ROCKRCOIN ecosystem at any time.

3. Protocol-Based Rules: By running the ROCKRCOIN software, you agree to abide by the rules encoded in the protocol. These rules are enforced by the software, not by legal contracts.

4. Smart Contracts for Specific Events: When you decide to host a ROCKR, you’ll enter into smart contracts with other participants (performers, attendees, etc.) for that specific event.

5. Consortium Contract If you are part of a winning ROCKRCOIN consortium bid for Innovation funding, you would enter into contractual obligations with the Regional Innovation Fund itself e.g. Europe’s Horizon Innovation Fund.

How Smart Contracts Work in ROCKRCOIN

When you choose to host a ROCKR, here’s how the smart contract process works:

1. Event Creation: You can curate or join an existing ROCKR auction event on the platform, specifying details like your venues availability across various dates and times, your capacity and seating categories, your bid to host the event and, if you are the curator, your chosen act, speaker, teacher, performer etc

2. Reverse Auction: The ROCKRCOIN platform conducts a reverse auction, matching suppliers (performers, staff) with attendees.

3. Smart Contract Formation: All bids are recorded in the blockchain and once the auction closes successfully, a smart contract is automatically created. This contract includes all parties: your venue, performers, staff, and ticket holders.

4. Legal Responsibilities: The smart contract defines the rights and responsibilities of all parties. For your venue, this typically includes providing the space and agreed-upon services on the specified date and time.

5. Automatic Execution: The smart contract automatically handles ticket sales, fund distribution, and other agreed-upon terms.

6. Dispute Resolution: The requirement for dispute resolution is mitigated by the protocols in the the blockchain whereby funds are not released to suppliers until after the live experience has been successfully delivered but any disputes that might arise are handled according to the terms specified in the smart contract, which may include automatic arbitration processes executed by The ROCKRCOIN Arbitration App but will in any case be between the applicant as a single supplier or a class action by the suppliers as a group, requesting the defendant, again as a single supplier or a class of suppliers, for compensation. Where the dispute cannot be resolved automatically, The ROCKRCOIN Electoral College, the ultimate governing body of the blockchain, will arbitrate.

Benefits and Opportunities

By participating in ROCKRCOIN, your venue can:

• Access a global network of event creators and attendees

• Increase venue utilization and diversify income streams

• Receive transaction fees for validating network transactions

• Potentially earn early adopter incentives and consortium innovation funded development contracts (subject to specific agreements)

Global Impact Potential

Our projections show that if 2 billion people worldwide attended just two ROCKRs per month, with an average price of 20 ROCKRCOIN (equivalent to 20 XDR) per event, the annual turnover would reach 960 billion ROCKRCOIN. This represents a massive opportunity for venues like yours to be at the forefront of a global transformation in the live experience industry.

No Financial Commitment Required

Participating in ROCKRCOIN requires no upfront financial investment. You can start by simply agreeing to join The ROCKRCOIN Electoral College [by invitation], in due course, should you wish, running the validator software and exploring the platform’s live event curation capabilities.

Next Steps

We would be delighted to discuss this opportunity with you further:

1. Provide a detailed explanation of the ROCKRCOIN protocol and software

2. Discuss how your venue can best participate in the ecosystem

3. Explore potential early adopter incentives and consortium bid membership

Join us in shaping the future of live experiences in a decentralized, global ecosystem.

Sincerely,

Your ROCKRCOIN Ambassador Contact

On behalf of The ROCKRCOIN Foundation