Revolutionizing Ticketing with Blockchain Technology
Exciting Launch of the OPEN Ticketing Ecosystem
The OPEN Ticketing Ecosystem has just been introduced, aiming to revolutionize the ticketing industry worth $85 billion by leveraging blockchain technology.
Embracing a New RWA Use-Case
With the surge in real-world asset (RWA) applications, onchain tickets are emerging as a promising innovation. The conventional ticketing sector is ripe for transformation, offering opportunities for blockchain-based solutions. OPEN’s objective is to migrate all tickets onchain, ensuring transparency for fans and equitable earnings for creators.
The Vital Role of OPN Token
All ticketing operations within OPEN’s platform are facilitated by the OPN token, set to commence trading on Friday, March 29th. Ticket integrators acquire OPN from the open market to access tools and issue tickets. Once staking for OPN is activated, all stakers will earn yields directly from global onchain ticket transactions.
Seamless Plug & Play Infrastructure
Since 2016, the OPEN team has constructed onchain ticketing infrastructure, culminating in a plug & play toolbox that adds value across all scales. From independent artists seeking to expand their community and issue NFT collectibles to major ticketing operators desiring onchain ticket migration, OPEN’s solution offers full transparency for every ticket issued.
Innovative Event Financing Approach
By transitioning ticketing onchain, the process becomes more streamlined, unlocking additional benefits for creators. OPEN’s innovative event financing tool allows artists and event organizers to crowdfund shows, tours, or festivals by leveraging unsold onchain tickets as collateral for DeFi funding. Participants supporting these events receive a programmable yield automatically upon ticket sales, merging RWA and DeFi tools to empower creators.
Explore More about OPEN
Discover the world of onchain ticketing with the launch of the OPN token on March 29th. Stay updated on OPEN’s mission by visiting their website at onopen.xyz and following their official Twitter account.
Contact Olivier Biggs from OPEN at olivier@onopen.xyz
