What has OPEN achieved up to now? 

Since 2016, the OPEN Ticketing Ecosystem has issued 5 million tickets for a big 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.

What’s the $OPN token?

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

The $OPN token might be utilized by ticketeers to gas all tickets processed by way of OPEN. Holders of OPN might 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 might 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 trade at the moment valued at $30 million in comparison with the $85 billion of the normal trade, the crew hopes to convey substantial worth onchain, to the good thing about their holders.

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