We live in the world where data is the lifeblood of the present all kind of business. We need data from every aspect of our lives. These data come from different sources like, events, process management, and research and from many others. But all the data collection and processing as per requirement is really a toilsome work to do. Especially collecting data from events is really a tough job to manage. At present, the event data reporting is in a centralized form as well as filled with falsified and tampered information. Not only that, it requires high amount money to collect these event related data from the organizations which manage them for the developers. That is why application or software developers are experiencing difficulties to utilize their knowledge freely to develop using these rich data of various events. This is where we the Eventum has emerged with our Blockchain and cryptocurrency based platform to facilitate the developers with event data at a reasonable price while providing exquisite benefits to our event reports via our Eventum system. Join us in our revolutionary cause and bring the change for better future.
To know more about us please read our whitepaper and light-paper at,
https://eventum.network/Eventum-whitepaper.pdf
https://eventum.network/Eventum-lightpaper.pdf
The Current Situation of the Event Data Market
The data is the valuable treasure in the present market. To be able to remain in a position in the current market environment data there is no alternative other than this treasure. Through the internet we may have gained access to various data but have we ever considered their authenticity factor? The answer is no, because it requires a significant amount of time to verify all the data from various sources. That is why a few companies who are now able to do this as well as process these into application software and programs they charge a high rate of fees for their service. Not only that the data collected from the events are really difficult to monetize which is near to impossible. So it is obvious that a big company which has a well-furnished setup is the only one who can process these data effectively through API (Application Programming Interface) for the intended users.
That is why we the Eventum team has addressed this issue to facilitate the reports and developers to be benefited from event-based data system by utilizing our API.
The Eventum Solution for the Existing Marketplace
In Eventum we address the above-stated problems to provide a solution. Our platform completely decentralized which will provide an authentic source of the crowd wisdom and then turn them automatically into a real-time API. Reporters get their payments for sharing what they see and experiences and so do the developers can get the opportunity to get their desired data more cheaply and reliably.
The wisdom of crowds principle is for the determination of the authenticity of the data from multiple data sources such as; instead of a single data source, people are reporting the data, and thus the process removes bias and any chance of failure. A decentralized network of reporting and validation nodes run this process in real-time by using the Eventum system. Also to build a secure and reliable system with free market economics for the reporters and the developers, asymmetrical cryptography and Blockchain solutions, Ethereum, Whisper and Swarm, are used.
We have built Eventum as an open-sourced, extensible platform integrated with user-friendly API and flexible Software Development Kit or SDK. Any Developer who wishes to get any data in real-time and in the form of an API while being assured by the data verification, that can be done by the developers own set of rules. Any third-party will not be able to store or control the data, as well as the security of the funds will be ensured by Ethereum Blockchain. What is more, the free market economy will govern the price, and make means the zero fees and margins on the price of data possible.
Our systems observations and intelligence are greater than any artificial intelligence system and every second is important to us.so, it will be a great idea to monetize every single moment we experience. Not only that when by the time you are providing information as a data provider through your PC or mobile app and winning reward as a part of the consensus, you can get the chance to help the network and can earn some extra money.
The Eventum Work Process
Eventum's system aims to bridge between reporters or data providers with the developers. Valuable data can be accessed by the data providers, and they can report through a mobile or desktop application into the validation nodes through our system. Validation nodes then start to wait for an approachable consensus, after that it will send this data to the developer by converting it into a real-time API. A reward can be locked by a developer in a smart contract, and then they can split and give the data providers who were the part of the consensus. To ensure the nature of the real-time API in being incentivized, the reward is distributed accordingly to the data providing speed.
Our Program Architecture
The decentralized network is the base of the Eventum Platform. The platform is able to report and validate nodes with the help of Blockchain, used as a court system. The platform is built with three layers. They are,
The core layer
The services layer and
The application layer
These three distinctive layers are firmly integrated with both the decentralized network of nodes, and provide the process speed in real time as well as Blockchain to ensure network security.
Ethereum smart contracts are used to build the Alpha version. All the sensitive information are stored in the Blockchain in a real-time format. In the Eventum hundreds of thousands or even millions of transactions occur per second. So, it not is possible to maintain by using only the Blockchain. Hence, an off-chain decentralized network of Eventum nodes does the data reporting, consensus building, timing and reward calculations, discovery protocols and routing processes.
In our platform all of our data will be encrypted via standard encryption process to maximize the data security within the network.
Our Token Distribution System
Our token distribution process is on the move. The total overview of our token distribution can be stated in the following manner,
Token Name: EVT
Type of the Token: Ethereum
Total Token Available: 500,000,000 EVT
1 EVT=0.00007416 ETH
Minimum Target or The Soft Cap: 1,159 ETH
Total Target or Hard Cap: 18, 539 ETH
Vesting of The Team: 3 Years
So, to conclude the overall article we can say that the Eventum is certainly a revolutionary organization which has developed a platform to facilitate the freelance event reporters to monetize their efforts while providing these valuable and authentic data to developers at an affordable price. This is truly a great idea, to help both talented individuals.
Come and be a part of us and enjoy all the benefits we have to offer.
To become a part of this revolution sign-up at,
And, to know about our work visit our website at,
Company: https://eventum.network/
Telegram group: https://t.me/eventum_network
Facebook: https://www.facebook.com/KrowNetwork/
Twitter: https://twitter.com/eventum_network
Ann thread: https://bitcointalk.org/index.php?topic=2992193.0
Medium: https://medium.com/eventumnetwork
Riddit: https://www.reddit.com/r/Eventum/
Whitepaper: https://eventum.network/Eventum-whitepaper.pdf