P2P Investment Concern
Usually the third post with respect to GoParity, but the primary concerning a delayed project: Vibes & Beats III, which pointed to co-finance the 5th version of the North Festival.
Fully funded on: April 14, 2023
Total amount raised: R$250,000
Last installment due: April 17, 2025
Installment delays started: October 17, 2024
Status: ~50% of the credit still unpaid
In spite of organizing another version of the celebration in May 2024, they halted paying the final three installments. On May 13, 2025, it gotten take note that installment was "regularized," but the January 17 and April 17, 2025 installments stay unpaid.
Concurring to the festival's official site, the 2025 version was canceled for reasons “completely irrelevant to the organization.” In any case, the need of transparency and proceeded delays raise genuine concerns around venture screening and responsibility on GoParity's stage.
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