Skip to main content

Calendollar - Block chain Powered Event Management, Marketing & Social Media Platform

Am gonna go through the Blockchain applied technologies which are at Pre-sale or ICO stage and will give a brief note on those. It might help my readers to invest in an ICO. So keep yourself updated as ICO or Pre-sale will only last for few days.

I have been going through the startups based on Blockchain Technologies which seem promising and I came across this Calendollar thing. If you didn't check my post on Blockchain Applications please find it here.

Calendollar is blockchain based Event Management and Ticketing system. Actually, I feel it's a great idea to apply Blockchain to the Event management, marketing and ticketing industries which keep booming without the concern about other markets.

The event industry is one of the oldest industries with historical growth consistency. The UN Labour Statistics predicts that the event industry will grow by 44% from 2010 to 2020, exceeding most growth predictions for other industries. Each day, thousands of events happening across the globe. These events happen for various reasons.

Calendollar

Although the ever booming event industries have some problems with Scalpers, Fake tickets and other secondary market issues. So Calendollar came up with an idea to overcome these issues and built an ecosystem where all the players can be profitable.

How will Calendollar work?

The evolution of blockchain technology has enabled Calendollar to engineer an elegant and fluid solution, such that the end user need not concern themselves with how it works, they just know that the ticket they bought is valid and secure.
CLND(Calendollar) tokens set-up smart contracts and support transactions inside the Calendollar decentralized system. Each time there is a purchase order for a ticket, the system will place an
order for the purchase of tokens and the tokens will take care of the ticket purchases. The Calendollar platform automates this conversion in real-time, so the typical end user will simply purchase their event tickets in cryptocurrency and will see the ticket appear in their ticket wallet app on their electronic device.




And let's see why Calendollar is different?

Instead of competing with incumbent players, Calendollar provides a technology for both the existing and new players. Our team believes that a blockchain ticketing platform should be open to all market participants. That’s why Calendollar has been designed as a decentralized platform which connects to any existing ticketing system to provide the full advantages of blockchain to its customers.

Calendollar is sending the entire industry into a new orbit. With paper tickets being replaced with electronic ones, the next step of the evolution is a Calendollar with a self-contained control mechanism (smart contract) for how tickets can be sold, resold or exchanged, and where cash flows from these activities can be directed. Other projects that employ blockchain to a varying degree are designed to manage events and ticketing centrally.

They are set to release a mobile application for the Calendollat platform.



For more details about the Calendollar Platform check out their white paper.
For a brief intro check their Onepager.

These things made me curious about their application of Blockchain Technology. I am currently thinking about investing in the Calendollar as it seems a promising project to me.

The Presale is currently going on. The Presale ends on April 18, 2018.
To purchase tokens visit https://www.calendollar.com/#tokenSale or click here.
For their Bounty Program click here.

For more info on the sale:


Stay tuned for more Blockchain application platforms. 

Tags: Blockchain, Application of Blockchain technology, Tokens, Cryptocurrency, ICO, Calendollar

Comments

Popular posts from this blog

Blockchain, Where can it be employed

Although Blockchain Technology was created in 1991, it stayed in shadows until in 2009 when Satoshi Nakamoto published his white paper on Bitcoin, which worked on Blockchain Technology. Since the majority of people thought that Blockchain can only be used for Cryptocurrencies. But Blockchain is more than just Cryptocurrency. The main function of Blockchain Technology was to Timestamp documents so that they cannot be tampered with. Let us go through the fields where Blockchain can be employed for to make the process productive and secured. Banking Banking field is one of the most important and clumsy field we depend on every day. Banks are always busy with a lot of paperwork and manual uploading of data and lot of other stuff. It is a place where everyone tries to fraud or hack into it. The introduction of Blockchain Technology into banking sector will solve most of the present day issues and make it more secured. But in this sector, the Blockchain is centralize...

Bitcoin- A Brief Intro

Bitcoin is the brainchild of a person or group of people known under the alias Satoshi Nakamoto.  Bitcoin is a Cryptocurrency/Digital money, which uses Blockchain Technology.  Bitcoin is a worldwide payment system, which is the first decentralized digital currency. It is a peer-to-peer transaction system, which occurs between two users, without any intermediary. The transactions are recorded on a distributed ledger known as Blockchain. These transactions are verified by miners who are rewarded in Bitcoins (Bitcoins are actually created in this process and this process is known as mining). The bitcoin network came into existence after Satoshi Nakamoto mined the first ever block on the chain, known as the  genesis block in January 2009. Since then the blocks are added to the chain by other transactions. Where to store the Bitcoins? Bitcoin is not like physical currency to store in banks or in vaults. So in order to store the Bitcoins a wallet is used...

Blockchain - How do they work

Blockchain technology became incredibly popular nowadays after the widespread of Cryptocurrencies. In this post let’s see how do they work, what problems they solve and how can they be used? As the name implies Blockchain Technology means a collection of blocks that hold information. The intention of creating Blockchain was to Timestamp the digital documents so that they cannot be backdated or tampered with. Although it was created in 1991, it went unused until 2009 when Satoshi Nakamoto adapted it for the creation of his Bitcoin. The blockchain is a distributed ledger that is open to anyone. The interesting property of the Blockchain is that once a data is recorded inside Blockchain it becomes very difficult to change it or I could say its practically not possible to change the data in a Blockchain. In Blockchain, each block contains data, the hash of the block and hash of the previous block. The data inside a block depends on the type of blockchain as in Bitcoin d...