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    RHUNA Launches to Revolutionize the Occasions and Leisure Business with Fintech Innovation

    Latest News


    Bucharest, Romania, February nineteenth, 2024, Chainwire

    RHUNA is a visionary fintech platform devoted to revolutionizing the occasions and leisure business by means of modern expertise.

    By integrating Net 3.0 and blockchain applied sciences, RHUNA goals to reinforce person experiences, enhance safety and transparency, and foster a more in-depth, extra engaged group across the globe.

    UNTOLD Universe is without doubt one of the world’s high 5 music pageant organizers with greater than 1.5 million attendees over the course of every yr. Rhuna represents the merging of their expertise with CryptoDATA’s modern expertise improvement 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 frequent points similar to fraud and scalping, offering a fairer and extra reliable ticketing expertise. Modular function construction inside the ecosystem means even huge occasion organizers can customise their occasion administration, particularly ticketing and funds, at breakneck speeds and with precision accuracy.

    The platform can even function 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 fee course of.

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    Good contracts will automate key transactions and agreements, from ticket gross sales to performer payouts, making certain effectivity, transparency, and belief throughout all transactions. Moreover, RHUNA locations a powerful emphasis on person privateness and management, permitting attendees to handle their private information securely by means of decentralized identities.

    In an business first, RHUNA will introduce a token-based loyalty and rewards program, empowering customers with the prospect to earn tokens for numerous actions. These tokens will be redeemed for unique experiences, merchandise, or reductions, fostering a powerful sense of group and engagement inside the RHUNA ecosystem.

    The platform additionally pioneers using Decentralized Autonomous Organizations (DAOs) for occasion planning, giving the group a voice in decision-making processes, from occasion themes to artist lineups. This democratized method ensures that RHUNA stays carefully aligned with the needs and preferences of its person base.

    “The Rhuna undertaking is greater than only a technical answer. It’s an adaptable dynamic system that interconnects social and technical parts, offering alternatives by means of options for a variety of wants. The structure, applied sciences, implementation technique, and utilization mode are parts that influence the optimization of assets in finishing up any exercise. Within the present dynamic, assets similar to time, folks, supplies, and prices are main parts that affect one another in a multi-way inside a 3D system. Rhuna represents the proper software that permits anybody to entry and management them. Rhuna is a manner 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 pageant 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 about to debut on the ninth Version of the UNTOLD Pageant in Cluj-Napoca, Romania. RHUNA goals to reinforce the pageant expertise for over 400,000 attendees, introducing one other contact of innovation within the “world capital of night time and magic.”

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    About CryptoData

    A pacesetter in tech innovation, CryptoData develops options that deal with real-world challenges, pushing the boundaries of expertise for social progress. Customers can uncover extra at cryptodata.com.

    About UNTOLD Universe

    Identified for creating transformative experiences by means of 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 expertise meets leisure to create unforgettable experiences.

    For extra info and updates:

    Contact

    Bogdan Rădulescu
    [email protected]

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