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OPEN

OPEN

OPEN is an onchain ticketing infrastructure provider that aims to solve issues like ticket scalping and high fees prevalent in the traditional ticketing industry. By leveraging blockchain technology, it offers a more transparent and fair system for fans, artists, and organizers. The ecosystem is fueled by the OPN token and provides tools for onchain ticketing, including a ticket explorer, staking, event financing, and developer documentation.
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Description

OPEN is an onchain ticketing platform and open ecosystem designed to disrupt traditional ticketing monopolies. Since 2016, its infrastructure has issued millions of onchain tickets for various events, aiming to solve issues like ticket scalping and predatory fees. The platform includes a Ticket Explorer for viewing real-time onchain ticketing data, staking rewards from OPN fueled ticket activity, an Event Financing platform for exploring financing pools, and tooling for developers to build with OPEN. The ecosystem is powered by the OPN token, which is required by integrators to issue tickets and use the platform's tooling. Revenue from event cycles is distributed to OPN stakers, the Ticketing Revolution DAO, and the OPEN treasury. OPN stakers also have voting rights in the DAO, which offers a grants program to incentivize and reward builders on the platform. OPEN collaborates with various projects and investors to build a future where onchain ticketing is central to the creator-fan relationship.