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.– John Biggs
Our goal at Tuurnt has always been to create a close-knit community of hosts and partygoers. Now that we have accomplished this goal, we would like to expand our community by introducing the Tuurnt Token (TRT) into the platform.
TRT will empower the Tuurnt ecosystem by incentivizing event creation and attendance. This will be accomplished by awarding tokens to users on a monthly basis.
This award driven business model would not only provide a new revenue stream for party host, but also make the currently burdensome process of storing crypto assets easier by integrating a social wallet into the Tuurnt app.
The social wallet will also easily enable transactions between host, guest and friends, providing seamless transactions on the blockchain
CITIZENS FROM USA, CANADA & CHINA CANNOT PARTICIPATE IN THIS TOKEN DONATION AND IT’S NOT PERMITTED TO BUY TOKEN FOR SOMEONE ELSE
The two primary functions for TRT are to book paid or free events listed on Tuurnt and to send TRT to friends and other Tuurnt users. These two functions create a closed economy for the Tuurnt ecosystem and will ensure stability. In addition to the primary functions, TRT will be awarded to Tuurnt users based on our level system. The Tuurnt level system consists of two sub-categories, one for events hosts and the other for partygoers.
The event hosts/Partygoers subcategories are divided based on the number of feedbacks(ratings & reviews) that the host received and the number of events that the Partygoers attended.
The award system is as followed:
The event hosts will be rewarded with bonus token TRT, each time they reach one of the four "Tuurnt Levels" milestones listed on the following graph. Each milestone is decided by a specific number of positive feedbacks(ratings & reviews) the host receives after an event is done. To be eligible for the award, the host must keep a general rating of 3 stars and above.
The Partygoers will be awarded TRT each time they attend an event. They have a "Tuurnt Level" milestones listed in the following diagram. Their milestones are reached based on the number of events they've attended. Basically, the more you attend events the more you get rewarded with TRT.
The Tuurnt jury will consist of 12 members of the community, people will be chosen between partygoers and hosts. The jurors are randomly selected on the blockchain, and they are rewarded with TRT each time they fulfill their jury duty.
Each juror will have to submit 1 vote out of the 12 ballot, a verdict is reached by the majority of 7 of the 12 members
Token donation start
Strategic partnerships announcement
Tuurnt on the blockchain
Token integration on the live app on IOS & Android
TRT wallet integration on the live app on IOS & Android
Tuurnt Suggestions integration Community Growth
on bookings and listings
Decentralized peer to peer marketplace where hosts make additional income and partygoers find unique events
Peer to Peer reviews for Hosts & Partygoers
Verified Hosts & Partygoers