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Bucharest, Romania, February nineteenth, 2024, Chainwire
RHUNA is a visionary fintech platform devoted to revolutionizing the occasions and leisure business by progressive know-how.
By integrating Net 3.0 and blockchain applied sciences, RHUNA goals to reinforce consumer experiences, enhance safety and transparency, and foster a better, extra engaged neighborhood across the globe.
UNTOLD Universe is without doubt one of the world’s prime 5 music competition organizers with greater than 1.5 million attendees over the course of every 12 months. Rhuna represents the merging of their expertise with CryptoDATA’s progressive know-how growth experience with this pioneering platform.
Among the many key options it gives, and leveraging the facility of blockchain, RHUNA introduces a decentralized ticketing system, the place tickets are issued as non-fungible tokens (NFTs). This ensures authenticity, possession, and a safe, clear secondary market. This technique successfully eliminates widespread points corresponding to fraud and scalping, offering a fairer and extra reliable ticketing expertise. Modular characteristic construction inside the ecosystem means even monumental occasion organizers can customise their occasion administration, particularly ticketing and funds, at breakneck speeds and with precision accuracy.
The platform can even characteristic built-in digital wallets supporting numerous cryptocurrencies, enabling seamless transactions for tickets, merchandise, and providers. This inclusion not solely caters to the rising crypto-savvy viewers but additionally reduces charges and simplifies the cost course of.
Good contracts will automate key transactions and agreements, from ticket gross sales to performer payouts, guaranteeing effectivity, transparency, and belief throughout all transactions. Moreover, RHUNA locations a robust emphasis on consumer privateness and management, permitting attendees to handle their private information securely by decentralized identities.
In an business first, RHUNA will introduce a token-based loyalty and rewards program, empowering customers with the possibility to earn tokens for numerous actions. These tokens could be redeemed for unique experiences, merchandise, or reductions, fostering a robust sense of neighborhood and engagement inside the RHUNA ecosystem.
The platform additionally pioneers the usage of Decentralized Autonomous Organizations (DAOs) for occasion planning, giving the neighborhood a voice in decision-making processes, from occasion themes to artist lineups. This democratized strategy ensures that RHUNA stays carefully aligned with the wishes and preferences of its consumer base.
“The Rhuna mission is greater than only a technical answer. It’s an adaptable dynamic system that interconnects social and technical parts, offering alternatives by options for a variety of wants. The structure, applied sciences, implementation technique, and utilization mode are parts that impression the optimization of sources in finishing up any exercise. Within the present dynamic, sources corresponding to time, individuals, supplies, and prices are main parts that affect one another in a multi-way inside a 3D system. Rhuna represents the right device that permits anybody to entry and management them. Rhuna is a approach by which anybody can visualize or actively intervene in them. Rhuna is sort of a catalyst that materializes and organizes the summary right into a type that’s indispensable for everybody concerned within the leisure business.” – Bogdan Mărunțiş, Head of International Technique, CryptoDATA
Bogdan Rădulescu, Co-founder and CBO of UNTOLD, put it merely: “We’re redefining occasion group and engagement, pushing the boundaries of competition finance into the twenty first century for the good thing about organizers worldwide.”
The interface is accessible to attendees of all technical backgrounds and is ready to debut on the ninth Version of the UNTOLD Competition in Cluj-Napoca, Romania. RHUNA goals to reinforce the competition expertise for over 400,000 attendees, introducing one other contact of innovation within the “world capital of night time and magic.”
About CryptoData
A pacesetter in tech innovation, CryptoData develops options that deal with real-world challenges, pushing the boundaries of know-how for social progress. Customers can uncover extra at cryptodata.com.
About UNTOLD Universe
Recognized for creating transformative experiences by music and leisure, UNTOLD Universe invitations you to discover enchanting realms at untold.ae.
Customers are welcome to hitch this thrilling journey on RHUNA.io, the place know-how meets leisure to create unforgettable experiences.
For extra info and updates: Discord | Twitter | Instagram | Fb | Medium
Contact
Bogdan Rădulescu
[email protected]
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