eventflo Launches TestNet on BNB Chain, Showcasing Blockchain Solutions for the Global Event Industry

[PRESS RELEASE – Melbourne, Australia, November 21st, 2024]

eventflo, a decentralized event platform built by seasoned festival veterans, is excited to announce the launch of its highly anticipated TestNet on BNB Chain. eventflo is on a mission to revolutionize the $2.2 trillion global event industry by tokenizing every aspect of the event ecosystem and introducing groundbreaking tools for organizers, artists, and attendees.

To mark this milestone, eventflo invites users to register for its virtual keynote event, “Disrupting Event Tech”, featuring presentations by co-founders Corey Topp and Mark Middo. Participants will get an opportunity to test eventflo’s innovative NFT ticketing system while competing for $1,000 in prizes.

“This TestNet launch is our first major step toward realizing our vision of bringing the event industry on-chain,” said Mark Middo, CEO of eventflo. “With decades of experience running major festivals and a proven track record—including an advisor who exited Stereosonic for $75M—we understand the industry’s pain points. eventflo was designed to eliminate these challenges while unlocking new possibilities for all stakeholders.”

Built on BNB Chain to leverage its scalable infrastructure and extensive support, eventflo aims to transform live events by integrating blockchain technology into ticketing, payments, rewards, and beyond. The platform plans to process between 500,000 to 1 million tickets upon launch, ensuring immediate, real-world adoption of its cutting-edge solutions.

Future plans for eventflo include tokenizing event equipment such as stages and sound systems, allowing investors to own a share of these assets and earn returns. Additionally, the platform is developing blockchain-powered tools like event insurance, enabling attendees to claim refunds through decentralized systems in the case of unexpected cancellations.

The TestNet launch isn’t just about trying new tech—it’s about celebrating the community. Participants have the chance to win a share of the $1,000 prize pool by completing the TestNet quest. But that’s not all: the ongoing FloFanatic competition offers one lucky winner an all-expenses-paid trip to Australia, featuring a VIP experience at one of the teams marquee festivals.

Key Details:

• Event Name: Disrupting Event Tech
• Speakers: Corey Topp & Mark Middo
• Registration: Available now at eventflo.io
• Prizes: $1,000 for TestNet participants + FloFanatic VIP festival trip

FloCoin: Powering the Future of Events

eventflo’s native token, FloCoin, will play a crucial role in the ecosystem, enabling secure payments, rewards, and incentives for event organizers and attendees. The platform’s Initial DEX Offering (IDO) for FloCoin is scheduled for late January 2025, positioning it as a cornerstone of the Web3 event revolution.

About FloCoin

eventflo’s native token, FloCoin, will serve as the backbone of its ecosystem, facilitating secure transactions, rewards, and incentives. The platform has scheduled an Initial DEX Offering (IDO) for FloCoin in January 2025, aiming to integrate it as a core component of its Web3-based services.

For more information about the TestNet launch or to register for the keynote event, users can visit eventflo.io.