With the Present day internet availability, there are a lot of good content creators out there that write for newspapers, magazines and blogs with no ability to monetize their efforts, our social lives are a means of sharing data to one another, but there is no way of turning these information into real time application programming interface (API). Whether these news we listen to online are fake or real, there is a saying that "There is Sense in Nonsense", we have access to all these amount of data but we lack the opportunity to monetize them.
The few application programming interface out there provide a non friendly system which are really controlled by strict companies, giving themselves full control over data and their prices. Data and information will lose all their integrity as long as significant margins are included in the prices, leaving individuals with no choice than feeling reluctant to contribute to the system. Eventum is here to solve these problems with how data is absorbed and how content creators/reporters can benefit from the community where their information is shared.
What is Eventum
Eventum is a decentralized platform based on blockchain technology, that aims at getting every truth from every data outlets, which is then automatically turned into a real-time Application programming interface (API). Reporters, content creator, and social media users get paid for what they see and experience, while developers get any data they want more cheaply and reliably.
Eventum provides an open source platform and interface that is user friendly, where API and SDK are made available with ease to users. Developer scan get any real-world data in the form of an API while also being sure the data is verified, i.e. a result of consensus,for which rules are set by the developer himself. The data can not be stored or controlled by a 3rd party, and all funds are securely stored on the blockchain. Moreover, the price is only governed by free market economy, which means there are zero fees and margins on the price of data. The sense of interaction from the crowd is used to determine the truth/fact from multiple source of data, instead of getting data from a single source that is unreliable with a single point of failure.
The Eventum platform will use a decentralized network reporting and validating nodes to process these data. the ecosystem will be secure with a free market using Ethereum, swarm and blockchain solutions. The data will not be stored or controlled by any company as all the funds are securely stored on the blockchain.
How it Works.
The Eventum platform is built is an easy way to benefit both data providers and developers. The three layers: core layer, service layer and the application layer are made available for data providers to access informative data, report the data in the system, as consesus is reached by eliminating fake news and information, hereby providing the data for developers in form of a real-time application programming interface. Every developer that find data valuable, reward data providers through smart contracts, the reward is split proportionally to the speed at which the data was provided, so the real-time nature of the API is actuate. All the layers of the system are integrated for boththe decentralized network of nodes, which provides the real-time speed, and blockchain, which provides the security and payment solution.
Why Eventum
There are uncountable reasons why Eventum is preferable than other APIs out there, the ecosystem makes it very easy for people to get paid for reporting on real-time events and information around them, while developers can also get any data they want in a cheap, fast and secure data feed. With blockchain technology, using Ethereum as a court system, guarantees fairness and security. The very interesting thing about Eventum is the free market economy with no fees an margins, creating a decentralized market where there is no central power.
Token Details.
All Eventum (EVT) tokens will be minted and distributed in the token generation event (TGE), and their total supply can never change.EVT is very essential to the platform, it powers most part of the system. Because every single piece of data that goes through the system is connected to a token which is being paid as a fee to validation nodes, the increased usage of the system increases the demand for the tokens.
Token Symbol: EVT
Token Price: 1 EVT = 0.00007416 ETH
Soft Cap: 1,159 ETH
Hard Cap: 18,539 ETH
Payment Methods: ETH
Total Cap Size: 500 million EVT
Public Sale: May 15, 2018 - June 15, 2018
Roadmap
Eventum Team
Team
Advisory Team
Conclusion:
The reason why some blockchain project scale over is because they solve certain problems, Eventum is solving a problem that the community is suffering from today. The project has no competition, the act of rewarding people for reporting events, sharing data and also giving developers the ability to get information is just the right stand for an ecosystem.
Eventum Useful Links:
Website
Facebook
Twitter
Reddit
Telegram
BitcoinTalk
Whitepaper
You can join the Eventum process here