Review on Evedo by David Olayide
EVEDO MARKETPLACE
Evedo is a blockchain based platform that consists of B2B & B2C Marketplaces and it had a primary purpose of unifying or connecting businesses and participants involved in organizing events. It plans to eventually build a marketplace and an ecosystem that will help the billion dollar event industry grow by connecting all parties without the necessary use of middlemen.
The main contributors in the B2C Marketplace would be Organizers, Promoters and Attendees and the main functions or work to be done, will be to either buy or sell tickets and market events to new or existing audiences. The events industry can be very complicated at times because of it’s many moving parts. And because of this complications and problems can pop up easily. This is what Evedo take care of basically.
Problems such as time loss, ticket fraud, too expensive ticket prices, software issues, lack of planning and lack of funding are some of the problems that the platform solves thereby making the project more efficient. The solution to these problem was to create a meeting point for parties to be united in a platform, that will structure everyone into a decentralized ecosystem with transparency.
EVED is the utility token of the Evedo project, and it is an ERC-20 token with a total supply figure of 17 756 589.687825 EVED tokens and a circulating supply of 10,984,771 EVED tokens. You can find EVED tokens on P2PB2B, Coins it, and Bitforex among others.
Pros
- Elimination of the middle men
- Decentralized and transparent marketplace
- Evedo solves a lot of problems common to the events industry
- EVED is an ERC-20 token
Cons
- EVED is not adopted globally yet
