novelT provides an AI-driven event management platform that automates planning, vendor matching, and budget management while utilizing blockchain technology for secure, fraud-free ticketing. This solution ensures verified attendees and allows organizers to earn revenue from ticket resales, addressing the challenges of event planning and ticket fraud.
Funding
$167K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Planning events involves numerous complex tasks, including vendor selection, budget allocation, and attendee management, which can be time-consuming and inefficient. Traditional ticketing systems are also prone to fraud and lack transparency, impacting revenue for event organizers.
Solution
novelT offers an AI-powered event management platform that streamlines the entire event lifecycle, from initial planning to post-event analysis. The platform uses AI to automate vendor matching, budget management, and personalized timeline creation, reducing the manual effort required for event organization. By leveraging blockchain technology, novelT provides secure, fraud-free ticketing, ensuring verified attendees and enabling organizers to earn revenue from ticket resales. The platform's AI-driven analytics also provides insights to optimize event performance and improve future planning.
Target Audience
novelT primarily targets event organizers, event professionals, and businesses that host events, seeking to streamline their planning process, secure ticketing, and maximize event impact.
Features
- AI-powered personal planner that guides users through each step of event planning.
- Automated vendor and venue matching based on specific event requirements.
- Budget management tools to track spending and ensure financial control.
- AI-generated design renderings with shoppable links for visual planning.
- Seamless guest management and RSVP tracking.
- Personalized timelines and reminders to keep event planning on schedule.
- Blockchain-secured ticketing system to prevent fraud and ensure transparency.
- Decentralized ticket exchange platform for secure ticket resales.
- Know Your Attendee (KYA) protocols for enhanced security and attendee verification.
- AI-powered analytics integration for event performance insights.