Evedo, the Bulgarian blockchain platform in development that aims to put the event industry on blockchain and remove middlemen from the game, is launching cryptocurrency exchanges in Asia in the middle of April. The company hopes to raise approximately $2.5M to further develop its product, and will be listing on BitForex in the hopes of reaching that goal.

Their aim is to build a true ecosystem that will help the $850B+ event industry grow by connecting all participants without unnecessary middlemen. Evedo consists of B2B and B2C marketplaces that unify all businesses and participants involved in organizing and conducting events.

While venues, artists, catering firms, technique rental companies, and sponsors are part of their B2B marketplace, the main players in their B2C area will be organizers, promoters, and attendees. The main functions in the consumer space will be to buy and sell tickets and market events to new audiences. The alpha version of the B2C platform will be launched a week before the token being available for trading, according to the Evedo team.

“ As every project normally starts, Evedo was founded exactly one year ago following one truly magical idea and a cool concept. A true desire for better events and event organising” – CEO Stoyan Angelov.

The platform is designed for the global industry and will try to enter the European, US, and Asian markets, once they’ve raised the funds needed for further product development.

The team, which has meanwhile grown to eight people, wants to put all that on blockchain and regulate the relations between stakeholders through smart contracts. Currently, half of the Evedo team is residing in Thailand and is participating in the Master Ventures accelerator.

For full details, read the

official announcement here

. The token sale opens at 17:00 on April 16th (GMT+8). A bonus system has been set in place, rewarding early participants with bonus tokens for their support.

First 100 participants will be rewarded with a 20% bonus .

Participants #101-300 will be rewarded with a 15% bonus .

Participants #301-500 will be rewarded with a 10% bonus .

Participants #501-1000 will be rewarded with a 5% bonus.

You can learn more about the Evedo project via their official channels listed below:

Website:

https://www.evedo.co

Telegram community:

https://t.me/evedoco

Medium blog:

https://medium.com/@evedo

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