I read the site and still can't really figure out what it does. What the hell was that "launch party?!" Was that really thrown just for the launch of this simp

I read the site and still can't really figure out what it does. What the hell was that "launch party?!" Was that really thrown just for the launch of this simple event app? Am I in another world? What a tremendous waste of resources. This startup craze is truly getting outlandish.