TUURNT RESTRUCTURING AND BRIDGING THE GAP IN THE DISTRIBUTING ECONOMY
Official website: https://tuurnt.io/ White Paper: http://www.tuurnt.io/tuurnt_whitepaper.pdf Telegram Community: https://t.me/tuurntio
This article is predominantly about the distributing economy and TUURNT dream of transforming lives for the better. Let’s scrutinize what it meant by distributing economy.
The distributing economy is spotlighted on the distributing of underutilized assets, monetary or not, in a way that enhance efficacy, continuity and society.
By this characterization, we categorize three key words, efficacy, continuity and society. Other team players in the distributing economy have solved societal problems and this is the reason they are still significant.
What is TUURNT going to solve or provide to be significant and keep expanding?
In order to answer this interesting question, let’s put into consideration what TUURNT is all about and how the distributing society could be benefit through it, which could lead the project and its investment/fund level as needed in order to drag off its thoughts.
What is TUURNT
TUURNT is the result of a realized gap in the party world. The party world lacks the incentivize system of other industries which has been revolutionize by corporations. TUURNT is looking at filling a gap in the sharing economy with a decentralized system of rewarding party/events host and goers. TUURNT empowers users to create parties within minutes and get rewarded for the party.
It has designed App that which allows fees to be charged for attending events and to this App, will be integrated a payment system which has supports for the ERC-20 tokens of which TUURNT (TRT) will be the payment token. The app basically has a wallet support for the TRT ECR-20 token. This it prides itself as a means of achieving a self sustainable ecosystem.
Considering this; let’s highlight my three point’s score of an investment standard in a project which distinctiveness of technological product, ideology, adoption and marketing. By TUURNT, let’s put into consideration its distinctiveness.
TUURNT wishes to interrupt to disrupt the distributing economy through a decentralized means so as to empower individuals to earn from hosting a party or an event.
This was designed to target the nightlife activities of the world with a focus on the younger generations who are active party goers and organizers.
In the line of empowerment, it has set a simple system to empower persons who need extra income which is mostly everyone these days to host an event and get paid by attendees. Attendees can also be paid. It also empowers young artistes to showcase their talent to the world with real time videos and question and answers session.
The Q & A session highlighted above isn’t a native feature of the service but then, as some of who loves and is into educations, this comes handy. It is also interesting as a teacher or instructor can remotely create an event then charge fees for attendees to his event while giving them the opportunity to ask questions in real time and have them answered too.
TUURNT also empowers attendees to give ratings to host. This is to enable attendees to feel secure and confidence in their safety and quality of event. The money or reward aspect of any business is paramount to any investor; hence TUURNT has designed its payment system to release funds to host within 24 hours after the end of the event. Sounds interesting right?
The working of TUURNT is quite simple.
A user creates an Event
Choose a free or paid party
Invite your friends they pay for entrance fees.
Oh! Lest we forget, you also have to ability to see all parties nearby in real time. Sounds cool right?
One question that comes to mind is the safety or the party goers and how they can be protected. TUURNT considers this as top priority and that is why is has built in a safe mechanism where host can be settled 24hours after the event.
This is to prevent persons from carrying out illegal or illicit act then disappearing. There is also the verification aspect. Both parties to an event have to be verified. This will ensure everyone and the party feel is not disturbed by the thought of safety.
There is also a review system which will give a red flag to any partygoer or event host to stay away from some certain persons.
With this, let’s proceed. TUURNT desires to achieve its objective of bridging the gap in the sharing economy by building a decentralized system of reward and community share which holds a balance between safety, style, comfort, leisure etc. This it will achieve with funds, therefore its raising funds through its ICO to fund the development of the platform.
What is in it for investors?
Aside from the use case above, investors gets to invest in a product that seeks to revolutionize the sharing economy which is backed by an experienced team of project members which is led by:
Fabrice Mishiki who will pour his experience and expertise in growing StartUps. In addition to Fabrice, are:
Umesh Sharma who is the Chief Technical Officer of the project with over a decade working experience in the software development world.
Pietro Kabeya — Founder of the App Cosmobile will be bringing his skills and expertise in Digitaal Marketing on to the TUURNT table.
Then there is Leeks Denavio an Entrepreneur who will focus on the development of growth strategy for the project.
Luke Devern the head of marketing and growth will pour his marketing passion into the project. He is an independent marketer in the blockchain and crypto world. No project team is complete without a legal counsel.
That’s where Grant Gulovsen comes in. He is a licensed and practicing lawyer with over a decade experience ranging from several industries.
Then there is Vikas Panwar and Aniketwho are blockchain engineers. Aadarsh Kumar Lead Designer with experience in Mobile application development.
Gympie Cortez is in charge of social media management, Ravi Gupto, Rohit Singh and Arpit Kaushik who are lead developers for iOS, Android and web development.
Coming back to my three points of investment worthy quality of a project, we have talked about Uniqueness and touched on Adoption along the way.
A project will never fly when it has no marketing manager or has an inefficient one. This is where Leeks Denavio, Luke Devern and Gympie Cortez come in.
By pulling their expertise together, they will ensure the TUURNT services are pushed to the sharing economy. The market is already ripe for this kind of innovative idea. Therefore, even a little bit of adoption is something that will drive the name of TUURNT out. This is because you know, party goers makes things go viral.
TUURNT is seeking to raise funds to finance this venture. Total supply is 500 million TRT from which only 167 million tokens will be available for the crowdsale. The hardcap is $10million with a softcap of $500,000. Another 167million will be set aside for the Legal Advisors and Legal Sectors and the Team.
Yet again, another 167 million TRT will be reserved for development, marketing and operational expenses. https://tuurnt.io/
Citizens of US or Canada will not be able to participate in the token sale based on current regulations.
How will TUURNT benefit from this project to stay afloat?
TUURNT will charge party goers or attendees with a 2.5% fee for party bookings while host will be charged 5% fees for events or parties hosted. This charge will be paid in TUURNT native token TRT which will ensure a continuous demand for the token.
SUMMARY
TUURNT seeks to revolutionize the dis economy industry. With the right determination, this is achievable. From the design of TUURNT, we have been able to answer one question raised earlier which is what is TRT seeks to solve or provide out of the three items; sustainability, efficiency and community. From the article, it becomes evident that TRT is focused on increasing the efficiency of the share economy with a focus of ensuring the community is better off. The demand for the tokens is necessary to fuel the perceived and conceived growth of the platform. This is important to investors. Also, tokens will also be several traded in exchanges. This will boost the liquidity of investors in TUURNT.
Want to participate in the token sale and be part of this revolutionary digital distributing economy, follow the information below;
TWITTER : https://twitter.com/tuurnt_
TELEGRAM : http://www.t.me/tuurntio
Bitcointalk username: zhae456
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1770965;sa=summary
Published By: zhae456
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