Tixico is an innovative event management ecosystem, which turns tickets into a virtual asset and offers support to event organizers to fund their events. It reduces counterfeit risk and ensures that resellers can earn money by selling timely purchased tickets to highly-requested concerts in a managed and controllable way. Furthermore, the power over this virtual asset ensures that the event organizer can charge extra for each subsequent ticket sale and control the maximum trading price. Tickets can be tied to the holder and can either be used for attending the event or resell within the boundaries set by the event organizer. To prevent off-chain trades with additional markups to tickets, review and report mechanisms will ensure such offenses can be punished.