Why TUURNT succeeded?

in #tuurnt6 years ago (edited)

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?

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 protoco
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.
• Event host receives TRT payment only 24 hours after the event has ended.
• Event host address is only shown to the user booking that party/event.
• Host and attendees both have a five stars review system.
• Tuurnt support is available 24/7 [email protected]
We are fully assured by the support system of TuurnT always 24/7.

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
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