Bucharest, Romania, February nineteenth, 2024, Chainwire
RHUNA is a visionary fintech platform devoted to revolutionizing the occasions and leisure business via modern know-how.
By integrating Web3 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 likely one of the world’s prime 5 music pageant 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 modern know-how growth experience with this pioneering platform.
Among the many key options it presents, and leveraging the ability 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 method successfully eliminates widespread points corresponding to fraud and scalping, offering a fairer and extra reliable ticketing expertise. Modular function construction throughout the ecosystem means even monumental occasion organizers can customise their occasion administration, particularly ticketing and funds, at breakneck speeds and with precision and accuracy.
The platform can even function built-in digital wallets supporting varied cryptocurrencies, enabling seamless transactions for tickets, merchandise, and companies. This inclusion not solely caters to the rising crypto-savvy viewers but in addition reduces charges and simplifies the cost course of.
Sensible 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 robust emphasis on person privateness and management, permitting attendees to handle their private knowledge securely via 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 varied actions. These tokens may be redeemed for unique experiences, merchandise, or reductions, fostering a robust sense of group and engagement throughout the RHUNA ecosystem.
The platform additionally pioneers the usage of Decentralized Autonomous Organizations (DAOs) for occasion planning, giving the group a voice in decision-making processes, from occasion themes to artist lineups. This democratized strategy ensures that RHUNA stays intently aligned with the needs and preferences of its person base.
“The Rhuna undertaking is greater than only a technical resolution. It’s an adaptable dynamic system that interconnects social and technical parts, offering alternatives via options for a variety of wants. The structure, applied sciences, implementation methodology, and utilization mode are parts that influence the optimization of assets in finishing up any exercise. Within the present dynamic, assets 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 proper device that enables anybody to entry and management them. Rhuna is a means 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 World 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 ready 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 evening and magic.”
About CryptoData
A frontrunner in tech innovation, CryptoData develops options that handle 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 via 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
Bogdan Rădulescu
[email protected]