From Maple Finance’s entanglement with misrepresented financials on a market making loan to Orthogonal Trading, to an African motorbike financing company’s creditline default, the RWA space has had to deal with several defaults over the years. In this blog I will explain how learnings from these defaults have informed OPNs RWA module design and philosophy.
Get ready for an exciting journey! Over the next few weeks, I’ll be unveiling a series of blog posts that delve into the transformative power of our new OPNs RWA module. This innovative tool is set to revolutionise both the Real-World Asset (RWA) landscape and the event and ticketing industry.
On the 28th March we're launching $OPN, our utility token that fuels global tickets and provides governance in the OPEN Ticketing Ecosystem. Here's how $OPN is at the core of bringing the $86 Billion ticketing industry onchain and how you can get involved..
Since 2016, the OPEN Ticketing Ecosystem has been building towards an on-chain ticketing industry that packs the benefits of blockchain technology into accessible infrastructure that can be used to facilitate event ticketing around the globe by organisers and artists big or small.
One of the single largest challenges for an ambitious event organiser or budding artist is the ability to raise capital for their event in order to pay for venue and booking deposits that occur many months before tickets go on sale to the general public.
OPEN's infrastructure is designed to extend the lifecycle of a ticket through onchain authentication, this unlocks a plethora of benefits for end users, let's find out how.
Providing globally accessible onchain ticketing infrastructure requires battle tested infrastructure that can stand the test of high throughput activity, here's how we did it.