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Introduction
The Favourse App empowers creators and event organizers to create engaging events that drive revenue through authentic fan-marketing
- Favourse is a Web3 Event Organizer & Agency in Bali and Jakarta.
- Favourse is an Event Enabler App that:
- Lets users invite favorite creators to local or online events.
- Matches event demands with suitable creators and organizers.
- Connects organizers, creators, venues, and brands for successful events.
- Offers engaging marketing with referral rewards and giveaways.
NFT & Blockchain
Connecting Event Stakeholders for Event Success
- Creator/Speaker Database
- Venue Database
- Sponsors/Brands
- 3rd Party Service Providers Database
- Favourse collects commissions for connecting stakeholders to events
Favourse is a catalyst for successful events, acting as a primary connector between various stakeholders - creators, speakers, venue providers, sponsors/brands, and third-party service providers. Its unique platform offers a comprehensive database that enables event organizers to find the perfect partners for their events. By leveraging this extensive network, organizers can create tailor-made events that cater to specific demands and preferences.
For creators and speakers, Favourse provides a platform to showcase their talents and skills to a vast audience. It allows them to engage with fans and receive immediate feedback, thus facilitating a rewarding and interactive experience. Similarly, venue providers and third-party service providers gain access to a wider customer base, potentially boosting their visibility and revenue.
Through its competition voting and location-based voting features, Favourse not only generates user engagement but also ensures that the most popular and demanded creators, speakers, and services are highlighted. This leads to democratized and customer-centric events that reflect the true interests and needs of the community. The platform's integrated social marketing tools further amplify this effect by creating buzz and excitement around these events.
For sponsors and brands, Favourse serves as an ideal platform to gain visibility among a target audience. By associating themselves with specific events, sponsors can fine-tune their marketing efforts, ensuring that they reach individuals who are likely to be interested in their products or services. Brands can use Favourse's comprehensive database to identify events that align with their values and target demographic, leading to more effective and impactful sponsorship activities. In this way, Favourse helps in fostering mutually beneficial relationships between event organizers and sponsors - the former gain financial support and resources to create remarkable events, while the latter receive an opportunity to enhance their brand image and customer reach. This symbiotic relationship, facilitated by Favourse, contributes to the overall success of the events.
By acting as a bridge between these stakeholders and providing them with the necessary tools, Favourse ensures the creation of successful, highly engaging events that benefit all parties involved.
Event stakeholders benefit by free promotion, marketing tools, and getting more business
AI-Assisted Stakeholder-Matching & Networking
Favourse, utilizing AI technology, revolutionizes event planning and networking by intelligently matching interests, services, and requirements of different stakeholders. For creators, speakers, artists, and fans, this platform acts as a facilitator, helping them connect in an ecosystem tailored to their unique interests and offerings.
Creators or artists can register their profiles and list their skills and expertise. Similarly, fans and participants can specify their preferences and interests. This information feeds into Favourse's AI system, which performs intelligent matchmaking, connecting individuals based on their complementing needs and offerings. For example, a fan looking to engage with a specific genre of music could be matched with artists who specialize in that field.
During the event planning phase, Favourse's AI can help organizers identify and secure the best-suited speakers or artists. The AI algorithm analyzes factors such as past performance ratings, audience preferences, and event theme to suggest the most compatible choices. This ensures a high degree of audience engagement and satisfaction, leading to the event's success.
Moreover, Favourse extends its matchmaking capabilities beyond the event. The AI system continues to analyze interactions during the event, helping to forge connections between like-minded individuals. Say, a participant expresses interest in a particular speaker's topic; the system could suggest other attendees with similar interests, fostering networking and discussion.
In this way, Favourse's AI technology is not merely a tool for event organization but a powerful enabler of dynamic, interest-based connections and community-building.
Competition Voting
Competition voting is a crucial feature on Favourse, adding another layer of engagement and interaction for both online and live events, as well as hybrid models. Much like the popular show "American Idol", users can cast their vote for their favorite performer or event. The process is simple and user-friendly, designed to encourage participation.
For the initial vote, users won't have to dip into their pockets - the first vote is absolutely free. This allows everyone to participate and have their say, ensuring a democratic and inclusive decision-making process. Voters can support their "idol" without any financial constraints.
However, if users wish to cast additional votes, a nominal fee is charged. This not only helps in managing the voting process by preventing spam or biased voting but also contributes to the financial support of the platform and the events. The paid voting feature allows passionate supporters to contribute more to the success of their chosen idol, creating an environment where enthusiasm and engagement are rewarded.
In this manner, Favourse manages to create a balanced and fair voting system, while also generating the resources needed to continually improve and expand the platform and the events it supports.
Like/Demand Heat Map
Like/Demand Heat Map - Location-based votes for creator-speaker-artists
The Like/Demand Heat Map feature on Favourse represents an innovative system that translates user preferences into valuable geographical insights. When a user follows a creator, their action automatically contributes to the Like Heat Map. This map is a visual representation of the interest towards specific creators, such as speakers and artists, across different locations worldwide.
Brighter or denser areas on the map indicate a higher concentration of followers or 'likes', signifying a high demand for the creator in those specific regions. This real-time, location-based data can be accessed by anyone, providing a snapshot of popular trends and interests in different areas.
For creators, the Heat Map serves as an essential tool for strategic planning, particularly for planning tours or events. By identifying areas of high demand, creators can optimize their schedules to visit locations where their fanbase is the most concentrated. This not only maximizes their audience reach but also enhances the possibility of successful events.
This unique feature, thus, not only cultivates a global community of fans and creators on Favourse but also empowers creators with data-driven insights for effective decision-making.
CrowdCreation (Community-Driven Product/Service-Creation)
A. Fans suggest ideas for expert-creators for event, product, service, merch, or anything else
B. Fans vote the best ideas
C. Engagement and Implementation
CrowdCreation on Favourse takes the concept of fan engagement to a whole new level. It's not just about passive consumption of content; instead, it actively involves fans in the creation process itself. This is achieved by providing a platform where fans can suggest ideas for new events, products, services, merchandise, and more. They're not just spectators—they're participants.
The process is quite straightforward. Fans share their ideas on the platform, and the rest of the community votes on these suggestions. This democratic approach ensures that the best ideas, as judged by the community itself, rise to the top. It's a powerful way to harness collective creativity and ensure that the output—whether it's a new event, product, or service—is something that resonates with the fanbase.
But it doesn't stop at voting. Once the best ideas have been identified through community votes, expert creators can then step in to bring these ideas to life. This could involve planning and executing a suggested event, developing a new product or service, creating unique merchandise items, or anything else the community has suggested.
In this way, CrowdCreation fosters a symbiotic relationship between creators and fans. Creators are provided with a continuous stream of fresh, community-approved ideas, while fans get to see their ideas realized and feel more involved in the creation process. It's a win-win situation that enriches the community as a whole.
Immersive Shopping
Enhance shopping experience with AI-Generated Creator hosts for immersive, fun, and interactive live shopping, boosting conversion rates through commerce, entertainment, and real-time interactions.
Live shopping is not a new concept, but advancements in technology have taken it to new heights. Imagine a real-time, interactive shopping experience where creators or their AI-generated avatars host live streams, showcasing their or other brands' products. This fusion of commerce, entertainment, and technology creates a shopping experience that's immersive, fun, and engaging.
Customers can watch these live streams, engage with the hosts in real time, ask questions about the products, and make purchases directly through the platform. For creators, this opens up a whole new avenue for monetization. They can sell their own products, or collaborate with sponsors to showcase their products, offering an effective way for brands to reach their target audience.
Furthermore, AI-generated avatars of creators add a unique twist to this experience. These AI avatars can host live streams round the clock, providing a seamless shopping experience to customers in different time zones. Moreover, AI avatars can be programmed to have detailed product knowledge, thereby offering reliable and comprehensive information about products to potential buyers.
In this way, live shopping through live streaming revolutionizes the shopping experience by adding an interactive, entertaining, and real-time aspect to it. This innovation not only boosts conversion rates but also enhances customer satisfaction, taking the shopping experience to the next level.
CommunityDeals
Existing deals that our community would like to get
1. Vote for/soft-commit [can skip this phase]
2. Crowdfund(downpayment)/hard-commit)
3. If threshold is met, will be done
Surely, the CommunityDeals section is where consumers come together to collectively decide on the deals they would love to have. The process goes through three major stages.
- Vote/Soft-commit: In this phase, members of the community suggest deals and vote for the ones they would like to see go live. The deals with the most votes move to the next stage. This phase can be skipped, in which case deals are directly proposed by community members for crowdfunding.
- Crowdfund/Hard-commit: Once a deal has been selected, it enters the crowdfunding phase. Community members who are interested in the deal make a down payment as a form of commitment to it.
- Threshold Check: If the crowdfunding reaches the set threshold, the deal goes live and all the members who hard-committed are able to avail of the deal.
This democratic process not only ensures that the most desired deals go live but also fosters a sense of community among shoppers. By bringing together people with similar tastes and shopping preferences, CommunityDeals opens up a space where consumers have a say in what deals they would like to see, fostering a more interactive and collaborative shopping environment.
Connecting Creators to Companies
We foster connections between Creators and companies, facilitating collaborations. Favourse operates on a commission basis.
Affiliate-Promotions
Enable your fans to become brand ambassadors for your CreatorDomain by creating affiliate links. This way, they can effortlessly promote and sell your products and services on your behalf.
Favourse Viral Referral Giveaways
1. Creators can offer exclusive offers like participation to (online) events, 1-on-1-coachings or interviews on Favourse Giveaways.
2. Visitors can choose offers they are interested in with the chance of winning that particular offer.
3. This free marketing tool acts as a proven lead generation method for small and big creators/teachers alike.
It works: More than 4000 participants have previously participated in giveaways that we organized together with creators.
Evaluating Market Demand
- Identify Your Requirements: Ascertain your specific needs before proceeding. Understanding the requirements can help you in formulating a well-designed event.
- Solicit Proposals: Once your requirements are clear, invite proposals. This can give you a range of options to choose from.
- Set Conditional Benchmarks: Establish conditional parameters like, 'if 20 people show interest' or 'if $500 are raised', then the event will be offered. This strategy allows you to gauge interest before committing resources.
- Create and Populate a Wish on Favourse: For instance, if there's a desire for a livestream discussion between your favorite YouTuber and musician, formulate that Wish on Favourse. Rally support around your idea to ensure it gains sufficient traction.
- Leverage Traction to Solicit Participation: Once your Wish garners substantial attention, you can approach the concerned individuals. With demonstrated public interest, it will be easier to discuss the necessary conditions for a successful event.
CrowdFunding/-Investing
Users can pre-fund events and thus receive perks by funding (e.g. interview with Startup or Investor they have suggested/voted for) as well as receive a cut of the profits of the event.
Later, users will be able to invite speakers and their favorite idols from any industry to their hometown or an online event. The Favourse App will be used as a demand-assessment and marketing-tool.
Favourse helps fans to meet their favorite teacher or artist by providing them a platform to crowd source their events, share with friends and invite their idol to their hometown. Favourse helps seminar facilitators, speakers, musicians – artists and instructors of any craft – to reach new, larger target audiences. It can be risky to offer seminars or concerts in uncharted waters. Booking venues and traveling is expensive. Many instructors and artists are freelancers, their income often fluctuates. Favourse provides a solution for all these problems at once.
Favourse helps speakers and artists to plan entire educational tours, ensuring that their travel is worthwhile and that they will get paid before the event. They can sell course and concert tickets, workshops and consulting time months upfront. For audiences, it allows them to have first-hand interaction with their mentor, trainer or speaker without having to travel far away from home. It’s far more cost effective for the speaker to come to them, rather than the other way around. Favourse is also an ideal market research tool for event organizers; it’s possible for organizers to see whether their event will be a success before having to commit to any of the details.
Learning and Experience Requests: Users can suggest learning or experience requests, which are then voted upon. This system allows for tailored events and experiences, aligning precisely with audience preferences.
Event Success and Community Engagement
Innovative Event Formats: The platform supports diverse event formats, from in-person gatherings to hybrid and online events. Unique formats like idea contests and assessing demand tools empower creators and event organizers, ensuring their offerings align with user interests.
Event-Organizer-Solutions for SME and Enterprise
- In-person events
- Online events (live-streaming, interactive webinars)
- Hybrid events
- Pre-order tickets
- Events on Demand (replaying past events in their entirety or specific aspects of them)
- Can be partially or completely customized with your branding.
Product: How Favourse Closes the Circle
Tagline: Empowering Events, Uniting Fans & Creators and Creating Positive Impact
Blockchain Integration
Leveraging Polygon and ICP: Favourse integrates seamlessly with Polygon and ICP, harnessing the scalability and efficiency of these blockchain technologies. This integration ensures rapid transaction processing, enhanced security, and a seamless user experience.
Polygon and Internet Computer Protocol (ICP) offer unique benefits that make them ideal for Favourse's needs. Polygon's standout feature is its scalability. As a layer-2 scaling solution, it enables a higher transaction throughput compared to the Ethereum mainnet. It's a crucial feature for Favourse, considering the potential volume of transactions that can occur within the platform, such as ticket sales, course payments, and more. The reduced gas fees associated with Polygon also enhance the user experience by making transactions more affordable.
The Internet Computer Protocol (ICP), on the other hand, offers a revolutionary approach to building and hosting software on the internet. ICP allows smart contracts to run at web speed and serve web content to users, removing the need for traditional hosting services. This capability aligns well with Favourse's purpose of enabling speakers and artists to plan and sell tickets for their educational tours. The integration of ICP ensures a seamless, fast, and secure environment for users to interact with the Favourse platform. It also adds a layer of security, as ICP's non-interactive Distributed Key Generation (DKG) protocol provides a robust defense against hackers and malicious actors.
IntroductionNFT & BlockchainConnecting Event Stakeholders for Event SuccessAI-Assisted Stakeholder-Matching & NetworkingCompetition VotingLike/Demand Heat MapCrowdCreation (Community-Driven Product/Service-Creation)Immersive ShoppingCommunityDealsConnecting Creators to CompaniesAffiliate-PromotionsFavourse Viral Referral GiveawaysEvaluating Market DemandCrowdFunding/-InvestingEvent Success and Community EngagementProduct: How Favourse Closes the CircleBlockchain Integration