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RHUNA Launches to Revolutionize the Events and Entertainment Industry with Fintech Innovation – Blockchain News, Opinion, TV and Jobs

2 years ago
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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 way of revolutionary know-how.

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 group across the globe.

UNTOLD Universe is among 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 revolutionary 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 technique successfully eliminates widespread points comparable to fraud and scalping, offering a fairer and extra reliable ticketing expertise. Modular function 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 may also 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 fee 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 powerful emphasis on person privateness and management, permitting attendees to handle their private information securely by way 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 group and engagement inside 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 method ensures that RHUNA stays carefully aligned with the wishes and preferences of its person base.

“The Rhuna mission is greater than only a technical resolution. It’s an adaptable dynamic system that interconnects social and technical parts, offering alternatives by way of options for a variety of wants. The structure, applied sciences, implementation methodology, and utilization mode are parts that influence the optimization of sources in finishing up any exercise. Within the present dynamic, sources comparable to time, individuals, supplies, and prices are major parts that affect one another in a multi-way inside a 3D system. Rhuna represents the right software that enables anybody to entry and management them. Rhuna is a method wherein anybody can visualize or actively intervene in them. Rhuna is sort of a catalyst that materializes and organizes the summary right into a kind 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 Pageant 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 evening and magic.”

About CryptoData

A pacesetter in tech innovation, CryptoData develops options that tackle 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 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 know-how meets leisure to create unforgettable experiences.

For extra info and updates: Discord | Twitter | Instagram | Fb | Medium

Contact

Bogdan Rădulescuhi there@rhuna.io



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Tags: blockchainEntertainmentEventsFinTechindustryInnovationJobslaunchesNewsOpinionRevolutionizeRHUNA
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