Bucharest, Romania, February nineteenth, 2024, Chainwire
RHUNA is a visionary fintech platform devoted to revolutionizing the occasions and leisure trade by way of progressive expertise.
By integrating Net 3.0 and blockchain applied sciences, RHUNA goals to boost person 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 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 expertise improvement 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 technique successfully eliminates frequent points similar to fraud and scalping, offering a fairer and extra reliable ticketing expertise. Modular characteristic construction throughout 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 characteristic 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 additionally reduces charges and simplifies the fee 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 robust emphasis on person privateness and management, permitting attendees to handle their private information securely by way of decentralized identities.
In an trade first, RHUNA will introduce a token-based loyalty and rewards program, empowering customers with the possibility to earn tokens for varied actions. These tokens may be redeemed for unique experiences, merchandise, or reductions, fostering a robust sense of neighborhood and engagement throughout 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 method ensures that RHUNA stays carefully aligned with the wishes and preferences of its person base.
“The Rhuna challenge is greater than only a technical answer. It’s an adaptable dynamic system that interconnects social and technical components, offering alternatives by way of options for a variety of wants. The structure, applied sciences, implementation methodology, and utilization mode are components 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 components that affect one another in a multi-way inside a 3D system. Rhuna represents the proper instrument that permits anybody to entry and management them. Rhuna is a approach during 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 trade.” – 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 Pageant in Cluj-Napoca, Romania. RHUNA goals to boost 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 frontrunner in tech innovation, CryptoData develops options that handle real-world challenges, pushing the boundaries of expertise for social progress. Customers can uncover extra at cryptodata.com.
About UNTOLD Universe
Recognized for creating transformative experiences by way 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
hiya@rhuna.io
