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OPEN Ticketing Ecosystem Launch To Remodel International Ticketing

Must Read

What has OPEN achieved to date? 

Since 2016, the OPEN Ticketing Ecosystem has issued 5 million tickets for a wide selection of occasions throughout the globe, from stadium reveals to comedy golf equipment and museums.

OPEN’s rebranding coincides with the launch of a brand new occasion financing system, serving to organizers and artists to fund their occasions with out counting on a standard ticketing answer.

Deliberate integrations are set to spice up OPEN’s ticket quantity to twenty million tickets within the close to future.

Supply: OPEN

What’s the $OPN token?

$OPN is OPEN’s native token, which can launch on March twenty eighth.

The $OPN token shall be utilized by ticketeers to gasoline all tickets processed by OPEN. Holders of OPN shall be in a position stake their tokens to obtain a portion of the yield from ticket gross sales: as a ticket holder checks into an occasion, $OPN shall be despatched to stakers from the treasury of a structured DAO.

OPEN’s ambition is to change 1% of occasions worldwide to an onchain ticketing answer within the subsequent 5 years – and with the onchain ticketing business presently valued at $30 million in comparison with the $85 billion of the standard business, the crew hopes to carry substantial worth onchain, to the advantage of their holders.

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*All funding/monetary opinions expressed by cryptosdailynews are from the private analysis and expertise of our web site moderators and are supposed as academic materials solely. People are required to completely analysis any product prior to creating any form of funding.

See also  Bitcoin L2 Staking Community Social Community Launches Mainnet

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