An open-source project, BlockParty gives event planners and organizers a decentralized solution to the problem of overenrolled, under-attended events.
How it works
BlockParty requires people who register for an event to make a small ETH deposit. If they don’t attend the event, they lose their deposit. Once the event is over, any ETH lost due to non-attendance is distributed to those who attended.
Solving the problem of no-shows
BlockParty is unique in its approach to events and its application of smart contracts and behavioral economics.
Prior to BlockParty, Makoto founded a developer-focused London Ethereum study group and began building a prototype for what would become BlockParty. Soon, the prototype was in use at DevCon2 and DevCon3. With his co-founders Jeff Lau and Ramesh Nair, Makoto sees BlockParty as a DApp with the potential for widespread adoption.
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