Eventrabbt is Africa's blockchain solution for events, allowing anyone to attend, stream live and pay with one currency anywhere in the world. We are creating a universal currency to pay for events both on-venue and live-streaming.
PROBLEM: Events happen all around the world! Millions of people across the world are hindered attending due to location barriers and a high cost of travelling. For those who can afford, its quite a big deal when it comes to expensive currency conversion. Most people end up spending more than 200 times the amount due to currency conversions.
SOLUTION: Eventrabbt primarily solves these problems, by providing event livestreaming platform where someone in Nigeria can participate in events happening in Denmark at his/her convenience. And most importantly, without paying extravagant fees, with equal currency value anywhere around the world using the eventrabbt token (EVRT).
IMAPACT: Event organizers can now increase revenue by targeting larger audience all around the world and still keep making money off their concluded Livestream video even after 3 years or more. Event attendees won’t have to worry about currency conversion, fees, the speed of transaction or location.
BUSINESS MODEL: 4% of all transactions on the eventrabbt platform is called the fur fee. 10% of fur fee is being burnt, while the remaining 90% goes to eventrabbt. This fur fee burning ensures that the value of EVRT keeps increasing for every event being held!
USE OF TOKEN As the EventRabbt currency runs on the Ethereum blockchain, the transactions on the platforms are made using EventRabbt token (EVRT), The EventRabbt Token (EVRT) is the main internal cryptocurrency used for payments and other related transaction on the EventRabbt platform. EVRT can also be used for purchase of goods and services at events, agreed deals with cryptocurrency payments and escrow, cryptocurrency security deposits and can be traded with.
ERT token will be released on the basis of Ethereum platform and fully comply with ERC20* standard. Support of this standard guarantees the compatibility of the token with third-party services (wallets, exchanges, listings, etc.), and provides easy integration, hence ensuring low fees and fast transactions on the platform.
Herewith, the use of EVRT token is not limited to just the platform ecosystem. After ICO, EVRT token will be available for buying/selling on the crypto currency exchanges. The total supply of EVRT tokens is limited with a totally supply of 1,000,000,000 tokens.
Token presale starts 22nd of June, while ICO starts 22nd August, 2018.
Cryptocurrency, Education, Entertainment, Media, Smart Contract, Software
The EventRabbt service is a self-contained platform, having its own base of users. Yet, the creative ways of using EVRT token as a payment method is not restricted to users based on user-to-user agreement for transaction purposes.
Regarding the specific use cases for our platform, we can predict a number
1. TICKETING: In this case, users can register and pay for tickets at their convenience to get access into the event by physical presence or live-streaming.
2. PURCHASE OF GOODS AND SERVICES AT EVENTS:
Some events like conferences, musical concerts etc allows of third-party entities to sell their products, and EVRT tokens can be used as the payment methods. Example are buying of books, food and drinks, shirts etc.
3. Agreed deals with cryptocurrency payments and escrow
This is a typical contract, in which a third-party escrow account is included in the contract and holds the money for the duration of the deal, in order to ensure that both counterparties follow through with their obligations. When trust is established between both parties, transaction can made directly omitting escrow.
4. Cryptocurrency security deposits
It is possible to rent automobiles, jewelry, electronic devices, etc. and use
cryptocurrency as a security device. Additionally, the payment for the rent itself can be conducted in either national currencies or crypto currency, depending on the agreement.
Trading with fiat currencies, or on exchanges for bitcoin, ethereum can be made for the purpose of profits.
Conception of idea, development of the concept and business plan. White paper has been completed, published and sent out to specific investors, ready for marketing.
Preparation for EVRT token pre-sale. Development of a smart contract for EVRT token release. Release of EventRabbt android app demo. Release of android app Alpha 1.0. Idea re-validation and product testing. Livestream functionality testing.
Alpha 2.0 product release and testing. Website and logo redesign . Presale marketing and listing on websites. Presale conduction.
ICO conducting. EventRabbt web application development starts, Testing and fixing of bugs of EventRabbt App and APIs. Launch of Beta version of EventRabbt android and web app. Testing and fixing of bugs of EventRabbt android. EVRT tokens listing on crypto-currency exchange. Marketing campaign to attract end-users.
Full release of Android, Web and iOS applications Multi-lingual support (French, German, Spanish and Korean). Scaling.