New to $OPN and curious to learn more about our token? Visit our Learn page to dive into the fuel for onchain ticketing and visit CoinGecko for token details below:
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https://t.co/be50sCffQD
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What a week in the Rotterdam Ahoy!
Tens of thousands of fans took to the Ahoy to see @blof perform across sold out shows ticketed onchain by @GUTStickets!
#onchain ticketing is inevitable ✊🎟️
https://t.co/QLw0ScOnOz
Did you know that according to recent reports, high demand ticket sales in 2023 were comprised of 96% bot activity pre-sale and 40% of traffic during sales?
These scalped tickets inevitably end up on external secondary markets, causing the average large event, losses of over $41k in revenue.
The global secondary market is valued at north of $10 billion revenue a year, making this an incredibly lucrative and missed opportunity for artists and organizers around the world.
That's where #onchain ticketing can step in, as revenue splits are enforced on the smart contract level and any marketplace that wishes to integrate and sell these tickets whether primary or secondary must adhere to the contract logic.
Onchain revenue flows directly to organizers and can be split off to all parties in the event cycle, from artists to promoters to even decentralized fan affiliate networks.
The future is bright when it's onchain.
At OPEN we're leading the way ✊🎟️
Imagine bringing 100,000 people #onchain all from three big artist events? Well that's the reality in November as it's a BIG month for OPEN ticketed events!
➡️Last week Goldband played to a sold out 18k+ crowd in the Ziggo Dome with tickets through @GUTStickets 🎤
➡️De Jeugd Van Tegenwoordig are on sale for headliner shows next year also in the Ziggo Dome 🧑🎤
➡️Last but absolutely not least is BLØF who perform three shows next week in the Rotterdam Ahoy covering over 40k+ tickets through OPEN!
Talk about onchain adoption at its finest🤩
#ticketingrevolution
https://t.co/2rFy3rilJE
Sizing up the Ticketing Monopoly..
Did you know that last year Livenation (et al Ticketmaster) earnt $18 Billion in revenue and $1 Billion in profit fuelled by growing superstar tours, sponsorship revenue and record breaking ticket prices?
As fans and independent artists and organizers suffer at the hands of the #ticketcartel, it's time for ticketing to come onchain and make sure this revenue flows to the rightful parties in the chain. How?
➡️ Transparent and Global Onchain Value Flows
➡️ Price Enforcement set by Organizers and Artists
➡️ Real-time Revenue Splits direct to Artists & Organizers
➡️ Lasting Connections to Fans through Onchain Tickets
➡️ Onchain Event Financing
➡️ & Much More!
There's no other way to combat this monopoly than using onchain technology to bring the events industry onto new rails ✊🎟️
#ticketingrevolution #ticketing
@kayleejoostenx@SuzanenFreek Hi Kaylee, er zat vanmorgen inderdaad een kleine vertraging in het systeem. Iedereen heeft inmiddels de bestelde tickets binnen! Groet, GUTS