ummaiyah: beatbind

beatbind

THE CHALLENGECHALLENGE

"Mankind had the agricultural revolution, the industrial revolution, and now this third one, the information revolution." ―Masayoshi Son, CEO @ SoftBank, 2nd richest person in Japan

Organizing an event of any size remains a slow and manual process, with high cost and connection barriers

Quality performers or venues are hard to reach

Lack of connections limits rising artists and new venues

Agencies and middlemen are slow, inflexible, and expensive

BeatBind Platform

BeatBind is the industry's long overdue platform for music event organization. We’re developing a multi-stage business, each level standing on top of the other, to tackle each of the industry's 4 prevailing issues:

1. BeatBidder - A platform for connecting venues, DJs, artists, and all other parties involved in the music event organization process. We connect DJs, artists, venue owners, and everybody else involved in the music event organization process in order to provide the best opportunities for all. Leveraging auction systems, we strive to both increase revenue for the most in-demand DJs and venues, while the sheer size of the market cuts costs and lowers entry barriers for virtually everyone who takes part in creating music events. BeatBind also counts promotions, sponsorships and event organization outsourcing among the services that can eventually be exchanged on the platform.

2. BeatBuy - Ticketing will be a default feature of any event created on BeatBind, which will directly be sold and offered to our fanbase, massively decreasing entry barriers. This prevents ticket scalping, forgery, and the rise secondary markets that steal $8 billion annually from the creators of events. BeatBuy will eliminate this problem and bring that money back to the pockets of artists, organizers, and all businesses that actually create the experiences..

3. BeatX - App giving fans the impact they need to shape the even they're attending, and event-oriented experiences like dating. Fans will have access to newsfeeds and will be engaged in multiple ways to help the organizers better shape the very events that those same fans are attending. In order to ensure the integrity of all transactions and to protect all parties, we plan to introduce a rigorous escrow protocol for refunding money in case of failed transactions and handling disputes..

4. BeatAI - Providing revenue projections and other heuristics that helps all platform users to decide whom to hire, where to perform, etc. Our platform will use machine learning to produce revenue estimations to help you justify decisions in any part of the music event organization process. This will greatly reduce risk and spur even more growth. We believe this is just the step the industry needs to take to step out of the dark caused by the lack of data, and make better decisions.

Artists are paired with venues and organizers.

Let's say you're a DJ, and you want the best deal for a Friday night performance. Let venues compete for you! Show off your portfolio, choose when you're available for a show, and let event organizers outbid each other as you get better and better offers.

BeatBind Platform benefits all parties in the music events industry:

Music groups - let venues & organizers bid on you, increasing your revenue

Event organizers - let musicians bid on your opportunity, so you lower your expenses, and get the best

Venue owners - outsource event organization to the most passionate managers

Seamless Ticketing for BeatBind Events

Direct access to tickets for all BeatBind events

Transparent pricing, no chance of fraud, forgery, or ticket scalping

Fans have the ability to return tickets and get refunded

Fans can pre-purchase tickets as an event is organized

Seamless Crowdfunding for BeatBind Events

Our superior ticketing system supports purchase of tickets for currently organizing events, allowing an initial inflow of capital to organizers

This form of seamless crowdfunding gives smaller venues the means to bring in big stars

All money is refunded to fans if the event doesn’t materialize

"There are no statistics. We just advertise and hope they come." ―Anonymous industry insider

Providing revenue projections and other heuristics that helps all platform users to decide whom to hire, where to perform, etc. Our platform will use machine learning to produce revenue estimations to help you justify decisions in any part of the music event organization process. This will greatly reduce risk and spur even more growth. We believe this is just the step the industry needs to take to step out of the dark caused by the lack of data, and make better decisions.

Use Of Proceeds