Why TUURNT succeeded?
The world is in "The Fourth
Industrial Revolution". Currently, many startup projects are calling for
capital by calling for ICO. Many successful projects, but also many projects
fail.
Integration with crypto, TuurnT
is also one of the projects calling for investment in the form of ICO.
So, what is TuurnT? What makes
them superior to their competitors? They will succeed?
Let me tell you about their
project (TuurnT ico).
What is Tuurnt?
TuurnT is an application based on
Blockchain technology. Tuurnt gives its users the ability to create an event in
minutes! Just like Uber or Airbnb, you get paid to be the host.
Tuurnt is based on the concept of
rent parties, parties folks used to hold to pay rent at the end of the month.
The idea is simple: plan the party, announce a cost and let your friends chip
in. Then you can, in the parlance, get tuurnt .
TuurnT Founded by Fabrice Mishiki
(CEO &
Founder). Mishiki has raised $ 150,000 so far to beta the product. TuurnT
was popularized in universities where Mishiki conducted the experiment.
What makes them
superior to their competitors?
1. Target of TuurnT
The Tuurnt target audience is
people aged 18 – 35, including college students and adults who like to attend
social gathering events. 40% of people attend parties, events or social
gatherings.
TuurnT wants to target those who
are the core, the pillar of society. The age group of 18-35 is the main working
age of the society, who directly bring in income, profit. A very clear target.
2. Technology of TuurnT
Payment protocol
TRT utilizes a smart contract
system that allows guests to pay the host for bookings. The payments will be
escrowed in a high level secured wallet until 24hours after the event is done.
If there are no disputes between both parties, the payment will be automatically
deposited in the host’s TRT wallet address. In case of a cancellation, the
tokens will be returned to the Partygoer TRT wallet. Tuurnt will integrate a
mobile wallet which is designed for receiving and sending payments. The image
below shows that you will be able to transfer funds from Tuurnt in a secured
manner without requiring any documentation or possessing of a bank account –
all you need is your TRT wallet!
Tuurnt Benefits
• Decentralized Peer to Peer free transactions between
Tuurnt users
• Low commissions on bookings and listings (2.5% for
Partygoers & 5% for Host)
• Decentralized peer to peer marketplace where hosts make
additional income and partygoers find unique events
• Verified Hosts & Partygoers
• Peer to Peer reviews for Hosts & Partygoers
3. Competitive Landscape
TuurnT takes time to learn about
their collaborative landscape, their competitiveness. Competitive analysis
simply helps TuurnT determine how their event management application will fit
into the broader environment and their consuming forces deviate from using
TuurnT applications. . TuurnT understands the gaps that have been committed in
the field of Nightlife and they are looking at how to fill the gaps. In
addition, TuurnT has identified the advantages and determines their competitive
advantage based on the strengths of their platform, distinguishes them from
competitors and is more effective in achieving entry. their target.
So, is Tuurnt safe?
• Event host identity is verified with at least two methods
of authentication; email, phone verification and at least one social media such
as Facebook, Twitter or Linkedin.
Conclusion
By creating this strategic plan,
Tuurnt app has shown that Blockchain technology is key to its future
success.With already a live app running on IOS and Android we are the first
decentralize Event app. Their team work ethics will ensure continuous
improvement and success of this project. They bring a proven business model in
an industry ready to get disrupted, we know what users want and we are ready to
meet their needs.The Peer to Peer Economy has changed the industry of
transportation, hospitality and food service for a decade. They want to empower
the users to increase their revenue in a new efficient way, without the
traditional banks or paper money, but only through the power of smart
contracts.
Above are the reasons that I believe will be successful
TuurnT. How about you?
Follow TuurnT for more information:
Website: https://tuurnt.io/
Whitepaper: https://www.tuurnt.io/tuurnt_whitepaper.pdf
Telegram: http://www.t.me/tuurntio
Facebook: https://www.facebook.com/tuurntapp/
Twitter: https://twitter.com/tuurnt_
Author by s2break
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1411770
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1411770
ERC 20 Wallet: 0x030a0FA27ab4e3FD1B0e531dFf5aE436e206aD3C
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