Ivan On Tech
"If you're interested in how events can be done more efficiently on the blockchain check out EVEDO"
Evedo is a blockchain based platform, consisting of B2B & B2C Marketplaces.
It unifies all businesses and participants involved in organizing events.
Our aim is to build a marketplace and a true ecosystem that will help the
$850+ Billion event industry grow by connecting all parties without unnecessary middlemen.
Main players in the B2C Marketplace would be Organizers, Promoters and Attendees.
The main functions will be to Buy/Sell tickets and market events to new or existing audiences
Event Organizers can create their profile and start organizing events, booking entertainers & venues, renting equipment and promoting their events.
Venue Owners can create a profile that provides information about their venue/s that are available for booking. The information provided will include the capacity, a base price or minimum price based on per person attendance, photos etc..
Entertainers & Booking Managers can create a profile listing their services, attach links to their works and social media, and can post an hourly rate, flat rate, or a percentage with a soft cap (optionally a hard cap, as well).
Rental Companies provide an arsenal of equipment that they can supply for events. They can manage the scheduling of their Equipment and roadies to move and setup hardware around events.
Sponsors can look for events and offer additional sponsorships for advertising spots / affiliate marketing. Value can be delivered by means of goods or services.
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Other Existing Solutions: Non-Blockchain |
Other Existing Solutions: Blockchain |
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---|---|---|---|---|
Event Creation | ||||
Event Creation | Some | – | ||
Crowdfunding an event | ||||
Crowdfunding an event | – | – | ||
0% Commission for tickets |
||||
0% Commission for tickets |
– | – | ||
Scalping & Fraud Prevention | ||||
Scalping & Fraud Prevention | – | Some | ||
All relevant businesses for an event to happen in one place | ||||
All relevant businesses for an event to happen in one place | – | – | ||
Blockchain Level of Security & Transparency | ||||
Blockchain Level of Security & Transparency | – | Some | ||
Automatic conversion of BTC / ETH / Fiat into EVED | ||||
Automatic conversion of BTC / ETH / Fiat into EVED | – | Some | ||
Impartial third-party dispute resolution | ||||
Impartial third-party dispute resolution | – | – | ||
Tickets Platform + Social Media component | ||||
Tickets Platform + Social Media component | – | – | ||
In-App Advertisement & Promotion | ||||
In-App Advertisement & Promotion | Some | – |
A major role in our application’s value is the transparency provided by the blockchain. All partners can see their investments in real time, have access to impartial third-party deliberation when there is a dispute, and can direct payments directly into their digital wallets. Larger venues can benefit from access to a complete ledger of their event’s supply chain in real-time and year-to-year.
Read more in evedo's White Paper - Page 19
The main processes we focus on are: event organizing(with all the business relationships included) and the sale of tickets. Both involve numerous transactions and long ‘lockup periods’. These transactions are facilitated by the smart contracts and the "escrow" functionality. The longer the payments are locked in the smart contracts - the more EVED token benefits.
Read more in evedo's White Paper - Page 20
The event industry has always been an arena with many players, complications and therefore problems. We take care of them
The only solution is a unified platform that will structure all related parties into one decentralized ecosystem. All of them will be transparently connected.
Our mission is to synergize all participants in organizing & conducting events, allowing them to improve their work, have the highest level of security & eliminate unnecessary middlemen.
Blockchain
is the fundamental technology underlying our platform and business model. It eliminates the middleman and the
need for trust between parties that organize or take part in events. That’s because it makes the whole process
transparent, decentralized and secure.
Blockchain has already revolutionized a ton of different areas
worldwide. Now is the time for us to give the entertainment industry the innovative tools they need.
Private Sale and two rounds of IEO were executed on Bitforex.com & p2pb2b.io in Q2 of 2019.
We put our effort in reaching our milestones and also into ongoing tasks and activities. Like connecting and onboarding with Key partners & Investors, Early Adopters and other relationships. Also we're staying active and attending key industry events.
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