Bucharest, Romania, February nineteenth, 2024, Chainwire

RHUNA is a visionary fintech platform devoted to revolutionizing the occasions and leisure business via progressive know-how.

By integrating Net 3.0 and blockchain applied sciences, RHUNA goals to boost person experiences, enhance safety and transparency, and foster a better, extra engaged neighborhood 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 12 months. Rhuna represents the merging of their expertise with CryptoDATA’s progressive know-how improvement experience with this pioneering platform.

Among the many key options it provides, 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 method successfully eliminates frequent points akin 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 providers. This inclusion not solely caters to the rising crypto-savvy viewers but additionally reduces charges and simplifies the cost course of.

Sensible 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 robust emphasis on person privateness and management, permitting attendees to handle their private information 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 might be redeemed for unique experiences, merchandise, or reductions, fostering a robust sense of neighborhood and engagement throughout 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 carefully aligned with the wishes 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 akin to time, folks, supplies, and prices are major 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 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 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 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 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 frontrunner in tech innovation, CryptoData develops options that deal with 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 data and updates: Discord | Twitter | Instagram | Fb | Medium

Contact

Bogdan Rădulescu
whats up@rhuna.io