Bucharest, Romania, February 19, 2024, Chainwire

RHUNA is a visionary fintech platform devoted to revolutionizing the occasions and leisure trade by way of progressive know-how.

By integrating Net 3.0 and blockchain know-how, RHUNA goals to enhance consumer expertise, enhance safety and transparency, and foster nearer and extra engaged communities world wide.

UNTOLD Universe is among the prime 5 music pageant organizers on the earth, with over 1.5 million attendees every year. Rhuna combines CryptoDATA's progressive know-how growth experience and expertise with this pioneering platform.

One of many key options RHUNA affords is the introduction of a decentralized ticketing system that leverages the facility of blockchain, the place tickets are issued as non-fungible tokens (NFTs). This ensures authenticity, possession, and a safe and clear secondary market. This technique successfully eliminates frequent issues resembling fraud and scalping, offering a fairer and extra dependable ticketing expertise. The modular performance construction inside the ecosystem implies that even massive occasion organizers can customise occasion administration, particularly ticketing and funds, with unimaginable velocity and accuracy.

The platform additionally options an built-in digital pockets that helps varied cryptocurrencies, permitting seamless buying and selling of tickets, items, and companies. This not solely caters to a rising crypto-savvy viewers, but in addition reduces charges and simplifies the cost course of.

Sensible contracts automate key transactions and contracts, from ticket gross sales to performer funds, guaranteeing effectivity, transparency, and belief throughout all transactions. Moreover, RHUNA values ​​consumer privateness and management, permitting individuals to securely handle their private knowledge by way of decentralized identities.

As an trade first, RHUNA introduces a token-based loyalty and rewards program, giving customers the chance to earn tokens on quite a lot of actions. These tokens may be redeemed for particular experiences, merchandise, or reductions, fostering a robust sense of neighborhood and engagement inside the RHUNA ecosystem.

The platform additionally pioneers using decentralized autonomous organizations (DAOs) in occasion planning, giving the neighborhood a voice within the decision-making course of, from occasion themes to artist lineups. This democratized strategy ensures that RHUNA stays carefully aligned with the needs and preferences of its consumer base.

“The Rhuna undertaking isn’t just a technical resolution. It’s an adaptable and dynamic system that interconnects social and technical parts, offering alternatives by way of options that handle a variety of wants. Structure, Expertise, implementation strategies, and utilization modes are components that affect the optimization of assets when performing actions.Within the present motion, assets resembling time, folks, supplies, and prices are multifaceted inside a 3D system. Rhuna is the right device to present everybody entry and management. Rhuna is a method for everybody to visualise and actively intervene in them. Luna is a catalyst that makes the summary tangible and important for everybody concerned within the leisure trade.” – Bogdan Marunšiš, International Head of Technique, CryptoDATA

Bogdan Radulescu, co-founder and CBO of UNTOLD, put it succinctly: “We’re pushing the boundaries of pageant finance into the twenty first century, redefining occasion group and engagement for the advantage of organizers world wide.”

The interface shall be accessible to individuals of all technical backgrounds and shall be unveiled on the ninth UNTOLD pageant in Cluj-Napoca, Romania. RHUNA goals to introduce new improvements to the “World Capital of Night time and Magic” to reinforce the pageant expertise for over 400,000 attendees.

About crypto knowledge

A pacesetter in know-how innovation, CryptoData develops options that handle real-world challenges and pushes the boundaries of know-how to advance society. Customers can be taught extra at cryptodata.com.

About Untold Universe

UNTOLD Universe, identified for creating transformative experiences by way of music and leisure, invitations you to discover enchanting realms at unold.ae.

Customers are invited to hitch RHUNA.io on this thrilling journey the place know-how and leisure come collectively to create an unforgettable expertise.

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contact

Bogdan Radulescu
(electronic mail protected)