Disrupting Ticketing Industry: OPEN's Onchain Ticketing Ecosystem
Tuesday, 26 March 2024, 16:25
New RWA Use-Case Emerges
Amsterdam, Netherlands, March 26th, 2024, Chainwire - The OPEN Ticketing Ecosystem launched this week, aiming to disrupt the $85 billion ticketing industry using blockchain technology.
RWA Opportunities in Ticketing
- Traditional ticketing faces disruption, creating opportunities for blockchain-driven solutions.
- OPEN’s mission is to introduce transparency for fans and fair earnings for creators through onchain tickets.
OPN Token Benefits
- OPN token drives all ticketing activities on the platform, becoming tradable soon.
- Stakers earn yields directly from global onchain ticket activity.
Event Financing Innovations
- Artists and event organizers can crowdsource funds using unsold onchain tickets as collateral for DeFi funding.
- This approach integrates RWA and DeFi tooling to empower creators.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.