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OPEN Ticketing Ecosystem
About OPEN Ticketing Ecosystem
The OPEN Ticketing Ecosystem (OPN) utilizes blockchain technology to create a secure and transparent ticketing platform, addressing common industry issues like fraud and scalping. Founded in 2016 as GET Protocol and rebranded in 2024, OPEN provides tools for onchain ticketing, event financing, and NFT-linked tickets. The OPN token is central to the ecosystem, enabling ticket issuance and staking rewards.
OPEN Ticketing Ecosystem (OPN) is a blockchain-based platform designed to address issues in the traditional ticketing industry, such as fraud, scalping, and high fees. The platform provides onchain ticketing infrastructure that enables the issuance and management of event tickets through blockchain technology. By using smart contracts, OPN aims to ensure transparent and secure ticket sales and distribution, benefiting artists, event organizers, and attendees alike.
OPN is primarily used to facilitate onchain ticketing for various events, including concerts, sports events, and conferences. Event organizers and ticketing integrators use the OPN token to issue tickets and access the platform's tooling. The tokens flow to stakers, the Ticketing Revolution DAO, and the OPEN treasury at the end of an event cycle. The ecosystem also includes functionalities for event financing, NFT collectibles linked to tickets, and real-time ticketing data. OPN stakers receive rewards from ticketing activity, promoting active participation in the ecosystem.