• Latest
The Decentralized Ecosystem for Events

The Decentralized Ecosystem for Events

April 23, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home ICO

The Decentralized Ecosystem for Events

coinnewsdaily by coinnewsdaily
April 23, 2019
in ICO
0
The Decentralized Ecosystem for Events
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

fans

Fungible Fan tokens: Day trading your favorite sports team

October 8, 2021
Crypto Listing and Delisting Announcements: Week 34

Crypto Listing and Delisting Announcements: Week 34

August 24, 2021

The event industry is worth almost $1 trillion per year. Evedo is a new blockchain-based platform that is giving everyone in the event ecosystem a great toolkit to slash event costs and make sure that everyone involved gets a fair shake.

If you are like most people, you aren’t on the planning side of an event. Buying a few tickets and going to a show or convention doesn’t shed much light on how much work goes into making amazing events happen.

The team at Evedo has a lot of experience in event planning and they think that a blockchain-based platform could make event planning better for everyone. Especially the people who want to see their favorite band or personality perform.

Evedo Creates Transparency in Event Planning

Making a big event happen means coordinating a large group of people for a common goal. In addition to the venue and talent, there are numerous other professionals that need to be hired. Normally, all of this happens because of contractors, none of whom have access to each other’s information.

Evedo has a simple solution for all of this. Its platform has both a Business to Business (B2B) section and a Business to Consumer (B2C) platform that provides a holistic event planning tool.


3Commas


The idea is very easy to understand. For event planning professionals, Evedo’s B2B section will allow everyone involved in the event planning process to collaborate in a totally transparent environment, with money for services held in escrow.

For example, if the event planner needs to book lighting for a musical performance, they can hire the lighting company via Evedo’s platform, outline the specs of the job, and put money in escrow for the lighting company.

Once the lights are set up and taken down (assuming everything went well) the lighting company will be paid from the escrow account. There is no way for the client to back out after the job is done, or get burned by a shady contractor who takes a deposit and never shows up to do the work.

Features

No More Ticket Shenanigans

Ticket scalping and other issues with ticket distribution are bad for both the event planners and the people who want to attend. In addition to financial costs, there are growing safety concerns.

If a scalper buys thousands of tickets and then resells them, there is no way for the event staff to know who may be coming to the event. Evedo’s platform has an innovative solution to this problem.

When an event is produced on Evedo’s platform, the ticket sales are a big part of the B2C section. People will be able to buy their tickets directly from Evedo’s platform, and a record of their identity will be created at the time of purchase. Not only does this help event staff by creating a record of who is coming to the event, but it also eliminates the business model that most scalpers use.

Blockchain-based systems have a strong resistance to tampering, which helps to prevent ticket fraud as well. There are many areas of event planning that are leftovers from a time when digital systems didn’t exist, and they aren’t doing anything to help the industry grow more efficient.

Platform

Evedo Addresses Event Planning from Every Level

Planning an event is difficult. Bringing people together for a few days can be very trying, and there are a lot of areas where misunderstandings can arise. When communication falls apart, the consequences can be severe.

Making an event run smoothly is a big part of Evedo’s platform. It tackles some of the biggest hurdles in event planning with creating transparency and facilitating open communication.

Are We Communicating?

There is a lot of communication that goes into making an event happen. Miscommunication means lost time, and possibly lost money, but it is all too common in event planning. One of the biggest reasons why miscommunication happens is that it is done verbally, and there is no way for other people who are involved in the production to access a record of what was communicated.

Evedo is changing all that

When an event is planned on Evedo’s platform, everyone on the B2B side can communicate, and there is a record of everything that was said. People can see what other participants are up to, and can also help the group avoid costly oversights.

The client that is at the center of the event will be able to keep an eye on everyone, so they get as much for their money as possible. Overall, Evedo has created one of the most comprehensive event production tools there is, and the ability to harmonize communication across the entire event production team is a huge advantage.

Accurate Estimates and Secure Payment

Money is one of the biggest parts of any event. No one wants to lose money, but it can be hard to see where the money is going, or spot potential cost overruns before it is way too late.

Thankfully, Evedo has a solution for this as well.

As mentioned above, the client who is putting the event on can put money in escrow for the event, and allocate it for specific event services. Everyone who works on the event will be able to give detailed quotes for their services and include everything that is covered in their estimate.

By having all the information in one place, and a cost-basis for the event, it will be much easier for everyone involved to make sure that nothing is falling through the cracks. The ultimate client will have a solid idea of what their money is being spent on, and what they will receive from the event staff. Like communication, everything will be recorded, which will help to cut down on any money-related misunderstandings as the event develops.

An Easier Environment for Event Production

Evedo’s goal is to make event production as easy as any other business. The platform they put together is likely to give event producers a much higher level of oversight, and event staff far more safety and transparency.

Let’s say that you want to put on an event. With Evedo you can select a venue, then browse through contractors and event staff who can work at that location. There are no brokers to deal with, and you will be able to contract all the services directly.

Evedo allows you to sell all the tickets directly, and make sure your event staff knows who is coming. There really isn’t anything that Evedo left to chance, as long as you use all the tools they built into the platform.

Evedo is Well-Funded and Growing

In addition to having a live platform for event planning, Evedo recently launched an Initial Exchange Offering (IEO) with Bitforex Exchange (token symbol EVED). Unlike an Initial Coin Offering (ICO), an IEO requires that the token be researched by the partner exchange who will then facilitate trade in the token.

Evedo is a growing company that has a great idea. It will be interesting to see what other tools the company adds to the platform as it achieves deeper penetration into a massive potential market. The platform that is live now is getting attention, and it will likely expand as people realize how much easier it makes event planning.

Useful Links


3Commas


You have Successfully Subscribed!

Credit: Source link

Tags: digital systemsevent plannerevent production toolsevent servicesholistic event planning tool
Share76Tweet48
Previous Post

Civic Inks Deal to Bring Blockchain ID to 1,000 Vending Machines

Next Post

Crypto Custodian BitGo One-Ups Gemini With Advanced Security Exam

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

fans
Business

Fungible Fan tokens: Day trading your favorite sports team

October 8, 2021
Crypto Listing and Delisting Announcements: Week 34
Alt Coin

Crypto Listing and Delisting Announcements: Week 34

August 24, 2021
LaneAxis: Revolutionizing the Freight Industry through their Blockchain Powered Platform
Business

LaneAxis: Revolutionizing the Freight Industry through their Blockchain Powered Platform

June 25, 2021
Proposes “Safe Harbor” Period for Crypto Token Sales in U.S.
ICO

Proposes “Safe Harbor” Period for Crypto Token Sales in U.S.

February 7, 2020
Token Sale for Novel Blockchain Healthcare Platform
ICO

Token Sale for Novel Blockchain Healthcare Platform

September 12, 2019
Decentralized Software Development DAO, Pre-IEO Coming Soon
ICO

Decentralized Software Development DAO, Pre-IEO Coming Soon

June 25, 2019
Load More
Next Post
Crypto Custodian BitGo One-Ups Gemini With Advanced Security Exam

Crypto Custodian BitGo One-Ups Gemini With Advanced Security Exam

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$28,406.004.18%
  • ethereumEthereum(ETH)$1,824.705.03%
  • tetherTether(USDT)$1.01-0.02%
  • binancecoinBNB(BNB)$330.692.66%
  • rippleXRP(XRP)$0.4470095.41%
  • cardanoCardano(ADA)$0.3745724.27%
  • dogecoinDogecoin(DOGE)$0.0775925.21%
  • matic-networkPolygon(MATIC)$1.131.42%
  • solanaSolana(SOL)$22.173.32%
  • polkadotPolkadot(DOT)$6.303.91%
  • litecoinLitecoin(LTC)$93.8211.50%
  • shiba-inuShiba Inu(SHIB)$0.0000113.14%
  • tronTRON(TRX)$0.06566210.26%
  • daiDai(DAI)$1.000.13%
  • chainlinkChainlink(LINK)$7.595.99%
  • cosmosCosmos Hub(ATOM)$11.754.51%
  • leo-tokenLEO Token(LEO)$3.37-0.01%
  • ethereum-classicEthereum Classic(ETC)$20.724.66%
  • moneroMonero(XMR)$156.285.09%
  • okbOKB(OKB)$45.140.68%
  • bitcoin-cashBitcoin Cash(BCH)$128.261.90%
  • stellarStellar(XLM)$0.0926992.75%
  • filecoinFilecoin(FIL)$5.906.59%
  • crypto-com-chainCronos(CRO)$0.0703102.93%
  • vechainVeChain(VET)$0.0236464.55%
  • algorandAlgorand(ALGO)$0.2184531.30%
  • internet-computerInternet Computer(ICP)$5.204.60%
  • eosEOS(EOS)$1.165.80%
  • aaveAave(AAVE)$76.863.72%
  • elrond-erd-2MultiversX(EGLD)$43.503.91%
  • tezosTezos(XTZ)$1.176.20%
  • theta-tokenTheta Network(THETA)$1.055.44%
  • neoNEO(NEO)$12.346.03%
  • havvenSynthetix Network(SNX)$2.68-2.04%
  • paxos-standardPax Dollar(USDP)$1.01-0.01%
  • bitcoin-cash-svBitcoin SV(BSV)$37.475.85%
  • dashDash(DASH)$62.9012.15%
  • pancakeswap-tokenPancakeSwap(CAKE)$3.780.99%
  • makerMaker(MKR)$678.862.19%
  • iotaIOTA(MIOTA)$0.2178855.91%
  • huobi-tokenHuobi(HT)$3.70-0.22%
  • zilliqaZilliqa(ZIL)$0.0285095.80%
  • zcashZcash(ZEC)$37.9810.66%
  • basic-attention-tokenBasic Attention(BAT)$0.2542077.38%
  • nemNEM(XEM)$0.0398283.73%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • qtumQtum(QTUM)$3.268.06%
  • kusamaKusama(KSM)$34.726.41%
  • compound-governance-tokenCompound(COMP)$43.993.41%
  • bitcoin-goldBitcoin Gold(BTG)$16.822.83%
  • yearn-financeyearn.finance(YFI)$8,718.773.29%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • omisegoOMG Network(OMG)$1.762.91%
  • golemGolem(GLM)$0.2454072.45%
  • wavesWaves(WAVES)$2.243.28%
  • ontologyOntology(ONT)$0.2364288.38%
  • sushiSushi(SUSHI)$1.082.38%
  • digibyteDigiByte(DGB)$0.0098484.61%
  • umaUMA(UMA)$2.113.93%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%