About the coin

The OPEN Ticketing Ecosystem is transforming the ticketing industry by leveraging blockchain technology to address issues like monopolistic practices, high fees, and ticket scalping. Since its inception in 2016, OPEN has successfully issued millions of on-chain tickets for a wide range of events globally. This ecosystem is designed to benefit fans, artists, and event organizers by providing a more equitable and transparent ticketing process.

Main features

Central to the OPEN ecosystem is the OPN token, which is essential for issuing tickets and accessing the various tools offered by OPEN. The ecosystem's infrastructure is built on the Ethereum network, ensuring a secure and decentralized platform for ticketing. One of the standout features of OPEN is its revenue-sharing model, where OPN tokens are distributed to stakers after each event, promoting a community-driven approach to revenue distribution.

How it works

OPEN's on-chain infrastructure allows for real-time verification of events and ticket sales, ensuring transparency and accountability. This system not only helps in reducing fraudulent activities but also provides a fair platform for all stakeholders involved. By using blockchain technology, OPEN ensures that every ticket issued is traceable and verifiable, thus fostering trust among users. The ecosystem empowers event organizers and artists to regain control over their ticketing processes, opening up new avenues for financing and enhancing fan relationships.