TUURNT; Getting Paid For Hosting and Attending Events

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What is Tuurnt, you ask? Stick with me, you are about to learn to make additional income from hosting parties and events. Let’s begin.

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Tuurnt; How to Earn Tokens for Hosting and Attending Events.
Tokens are generally about applications. And applications are all about filling a void in an industry. This is where Tuurnt comes in. What is Tuurnt, you ask? Stick with me, you are about to learn to make additional income from hosting parties and events. Let’s begin.

WHAT IS TUURNT?

Tuurnt was created specifically to fill a void in the event industry. Using blockchain technology, users can create events within a couple of minutes. What’s more, you get paid for every event you host. The goals of the developers of this token can be broken down into two;

• To enable users gain extra income when they list their event
• Enable the community participate in events from anywhere

Tuurnt token (TRT), an ERC-20 utility token was introduced to make these goals attainable. Now, partygoers and hosts can exchange payments in a secure way without the additional cost of centralized middlemen. Also, there is a compensation for both parties involved. The partygoers, for attending parties and the hosts, for a specified number of positive reviews.

At the end of it all, what you get is a closed, self-sustainable ecosystem that not only supports event creation and user growth but is also decentralized on the blockchain. So, what exactly can you use Tuurnt for?

• To Create a Party or Event
• To See Nearby Parties in Realtime
• Pick a Paid or Free Party to Attend
• Invite Friends to Events or Parties
• Pay Entrance Fees

MARKET OVERVIEW

For you to understand the market opportunities of Tuurnt, you need a basic understanding of the sharing economy. The number of adults in United States using sharing economy is currently at 44.8 million and is expected to increase to 86.5 million by 2021. Also, based on the rapid growth of services such as Airbnb and Uber, analysts have predicted an estimated growth of $335 Billion in the industry by 2025.

Naturally, Tuurnt was created for people who enjoy parties, social gatherings and events. That’s an age bracket between 18 and 35 in which 40 percent of the population belong to. The platform was created based on in-depth understanding of the Nightlife industry and an event management app which can be described as an overlap of;

1. Event platforms
2. Photo Sharing
3. Shared Economy
4. Realtime Video Sharing
5. Utility Token on a Blockchain

What this means is that, you can now throw parties with everyone knowing exactly where and when it’s taking place. Interested folks can book or pay through the app, those in attendance can share real time videos and photos with others, and party-seekers can get real time answers to their questions.
Don’t forget, you (the host) receive a reward for all these. How does this work, you ask? Relax, we are getting there.

WHAT YOU NEED TO KNOW ABOUT TUURNT TOKEN (TRT)

The description of this ICO cannot be complete without discussing the following;

ERC 20 Token Distribution

Only 33 percent of the 500 million available TRT is going to be channeled towards crowd sale and a second 33 percent will be reserved for the team, legal and advisors. Finally, another 33 percent should be used for development, operational expense, marketing and users reward.

Fund Allocation

The fund allocation is different from the token distribution, with 30 percent of the funds reserved for marketing expense and another 25 percent for operational expense. The development team receives 30 percent of the fund. The remaining 15 percent is allocated to Community Reward and Legal, with Community Rewards being 10 percent.
Utility and Rewards

This is the part you have been waiting for. Remember that the purpose of TRT is to book events (paid or free) on Tuurnt and share TRT with other users. With that in mind, TRT is given as reward to users based on a specified level system. There are two categories in this level system; event hosts and partygoers.
Based on this category, the reward system is scheduled as follows based on the ratings (for event hosts) and parties attended (for partygoers);

Tuurnt Wallet

The wallet functions like a traditional wallet. Users have the option of withdrawing their TRT and transferring to family and friends. There is also the option of sending directly to ETH wallet instantly, thanks to the ERC20 Token.
In addition, the Tuurnt wallet is linked to the mobile app. That means, you’ll be able to view other users profile and level status, which ranges from Bronze to Diamond.

Payment Protocol

The payment method is simple. Guests pay the hosts for bookings through a smart contract system. The fund is escrowed in a secured wallet till the event has been completed. If there is no dispute between the parties involved, the fund would be deposited in the host’s TRT wallet.
However, the fund would be returned to the partygoer’s TRT wallet if there is a cancellation.
Users can enjoy a low commission on listings and bookings. It’s as low as 2.5 percent for Partygoers and 5% for the host. Also, there is a decentralized peer to peer transaction for users. Yes, it’s free. Finally, the hosts and partygoers are verified. This reduces the chances of fraud.

HOW TO USE THE TUURNT APP

Using the Tuurnt app is not difficult, all you have to do is follow the steps outlined below. If you are hosting a party or event, this is what you must do;

1. Upload Pictures or Videos of the Party
2. Pick Time, Date, Location and Category
3. Input the Cost in TRT
4. Scan the Guests for to Know Who Checked In
   However, if you are attending an event or party, the steps to take is slightly different. Here is what you must do;
5. Pick Event to Attend from Categories
6. Watch Real Time Video of Event
7. Ask Questions from Host about Event
8. Book with Funds from TRT Wallet
9. Send Entry Barcode
   The steps outlined above are straightforward.

Road Map

• Q1 2018
  Whitepaper complete

• Q2 2018
  Token donation start

• Q3 2018
  Strategic partnerships announcement

• Q4 2018
  Tuurnt on the blockchain
  Token integration on the live app on IOS & Android
  TRT wallet integration on the live app on IOS & Android

• Q1 2019
  Tuurnt Suggestions integration Community Growth

ON A FINAL NOTE
The success of Tuurnt app depends entirely on blockchain technology. With the Android and iOS apps already running, the developers have managed to create the first decentralized event app. Also, the dedication of the team behind this platform ensures continuous improvement of the project.
Peer- to- peer economy has already changed different aspect of our lives, which include food service, transportation and hospitality. It’s time to change the way we party too.

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_

Authored by: gbenga88
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1874687
Eth Address: 0xdcef7d27bbaae609accdaf43ccf41b042beaffb4