What has OPEN achieved so far?
Since 2016, the OPEN ticketing ecosystem has issued 5 million tickets to a wide range of events around the world, from stadium shows to comedy clubs and museums.
OPEN's rebrand coincides with the launch of a new event financing system, which helps organizers and artists finance their events without relying on a traditional ticketing solution.
The planned integrations will increase OPEN's ticket volume to 20 million tickets in the near future.
Source: OPENWhat is $OPN token?
$OPN is the native token of OPEN, which will launch on March 28.
Ticket sellers will use the $OPN token to power all tickets processed through OPEN. OPN holders will be able to stake their tokens to receive a share of the return from ticket sales: when a ticket holder registers for an event, $OPN will be sent to stakers from the treasury of a structured DAO.
OPEN's ambition is to shift 1% of events worldwide to a chain ticketing solution in the next five years, and with the chain ticketing industry currently valued at $30 million compared With the $85 billion traditional industry, the team hopes to bring substantial value to the chain. , for the benefit of its owners.
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*All financial/investment opinions expressed by nft Plazas come from the personal research and experience of our site moderators and are intended to be educational material only. People should thoroughly research any product before making any type of investment.
Director of operations at nft Plazas. Bullish on web3. Competitive soul.
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