BlockParty Event Management DApp Project Selected For Status Incubate
Event Management DApp BlockParty Joins Ethereum’s Blockchain Accelerator Status Incubate
Status Incubate announced that BlockParty is joining the blockchain accelerator from Ethereum client, making it the third project to be chosen after Pixura and CryptoStrikers.
Led by Makoto Inoue, a community member and Ethereum developer, BlockParty will build a unique event management DApp on the platform.
How BlockParty Works
BlockParty requires people interested in registering for an event to deposit a small number of ETH to assure that they will attend the event.
If they don’t, then the ETH deposit is lost. If the event is completed, all the ETH lost because of non-attendance is then distributed to all those who attended.
“We’re solving a real problem with Ethereum,” Makoto said. “Because who likes showing up at an event to discover that most people who RSVP’d aren’t there? Unlike traditional event planning software, BlockParty creates a built-in incentive for attendance. It’s a solution we wouldn’t have been able to create even a few years ago; Ethereum makes BlockParty development possible.”
Before BlockParty was formed, Makoto had come up with a developer-focused London Ethereum study group, where they began developing a prototype of what would eventually be BlockParty.
Together with his co-founders Ramesh Nair and Jeff Lau, Makoto believes that the platform has the potential to be adopted worldwide.
“I’m very excited to welcome BlockParty to Status Incubate today. Led by long-time Ethereum developer and community member Makoto Inoue, BlockParty is building a one-of-a-kind event management DApp,”
The head of Blockchain Incubator Status Ben Morris further said in a Medium post.