Review on Evedo by Adedayo Adeniji
Evedo
Evedo is a decentralized platform built on blockchain technology that interconnects performers, event organisers and venue owners in a business to business and business to consumer marketplaces for unification and thereby eliminating middlemen and the need for trusting someone.
In its business to consumer marketplace the organizers, promoters and attendees come together to buy with sell tickets and market events to new and existing audiences while in the business to business marketplace the event organisers, venue owners, managers with entertainers and sponsors come together to market businesses.
EVED is the native utility token of Evedo and it facilitates the payments with smart contracts and escrow of which the longer the payments stays in the smart contracts the more beneficial for EVED token.
Evedo solves the existing problems associated with the event industry and it is an innovative project to revolutionize the event industry.
Pros
- It gives scapling and fraud protection
- It creates events
- It receives no commission on tickets
- It crowdfunds an event
- It ensures transparency and security through blockchain technology
- It is decentralized
- It solves the problems related with event industry.
Cons
- Its token needs more enlisting in exchanges.
