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Wednesday, January 26, 2022
BeatBind: World’s First Event Management and Artist Auctioning Platform
BeatBind: World's First Event Management and Artist Auctioning Platform
BeatBind is the world’s first integrated artist auction and events management platform that offers all-inclusive services for event managers, venue owners, artists, and fans.
The BeatBind Solution
BeatBind is an ingenious concept that allows event organisers, artists and fans to interact and create meaningful experiences. The platform provides a central point where artists can place their skills and have event organisers bid for them in a competitive yet transparent manner. Fans can also be part of the whole process by purchasing tickets and also rating the artists.
The Music Event Industry
The music event industry is estimated to be worth about $20 billion. This industry has a Compounded Annual Growth Rate of Over 10%. It is estimated that by 2025, this industry should be worth over $40 billion.
Core features of the Platform
BeatBidder
BeatBidder is the first of its kind artist auction platform in the world. An artist logs onto the platform, showcases their skills and allows for bids to be made on
them. Event organisers across the world can place their bids on the platform. The artist can then choose whichever bid they think fits them.
BeatBuy
A transparent ticketing platform. It enables fans to purchase music event tickets directly from the artists or event middlemen.
This prevents ticket scalping and fraud that is normally associated with ticket selling.
BeatX
BeatX is an ingenious platform where music fans can purchase tickets, interact with artists and also date and network with other fans. This application also allows music fans to contribute towards
booking an artist if organisers can’t raise the required cash. The platform allows for cashback if an event doesn’t take place.
BeatAI
BeatAI is a predictive tool suitable for event organisers. It shows events data and analyses it, helping event managers the viability of an event. Some of the
key metrics that will be captured are the demographics of the fans, the total number that is expected to turn up for the event and how much alcohol is expected to be sold. Event managers can use this information and compare it with their costs to see if they’ll make profits from the events.
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