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 Internet 3.0 and blockchain applied sciences, RHUNA goals to boost consumer experiences, enhance safety and transparency, and foster a more in-depth, extra engaged neighborhood 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 12 months. Rhuna represents the merging of their expertise with CryptoDATA’s modern expertise improvement experience with this pioneering platform.
Among the many key options it provides, 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 technique successfully eliminates frequent points corresponding 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 companies. 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, making certain effectivity, transparency, and belief throughout all transactions. Moreover, RHUNA locations a powerful emphasis on consumer 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 could be redeemed for unique experiences, merchandise, or reductions, fostering a powerful sense of neighborhood and engagement inside the RHUNA ecosystem.
The platform additionally pioneers using 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 intently aligned with the wishes and preferences of its consumer 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 by means of options for a variety of wants. The structure, applied sciences, implementation methodology, and utilization mode are parts that impression 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 right device that enables 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 advantage of 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 boost the pageant 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 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: Discord | Twitter | Instagram | Fb | Medium
Contact
Bogdan Rădulescu
good day@rhuna.io
