New RWA use case unlocked as OPEN launches onchain ticketing ecosystem
Amsterdam, Netherlands, March 26th, 2024, Chainwire The OPEN Ticketing Ecosystem launched this week, intending to disrupt the $85 billion ticketing industry using blockchain technology. A new RWA use-case is born Amidst the massive growth for real-world asset (RWA) use cases, onchain tickets might be the next big thing. Traditional ticketing is an $85 billion industry that’s ripe for disruption, with specific opportunities for blockchain-driven solutions. OPEN’s mission is to take all tickets onchain, delivering much-needed transparency for fans and fair earnings for creators. OPN token All ticket ing activity on OPEN’s tooling is driven by the OPN token, which will become tradable starting Friday March 29th. Ticket integrators source OPN from the open market in order to access tooling and issue ticket s. When staking goes live for OPN, all stakers will earn yield directly from all global onchain ticket activity. Plug & play infrastru...