RHUNA stands as a groundbreaking fintech platform with a bold vision: to transform the events and entertainment scene using cutting-edge technology. Through the fusion of Web 3.0 and blockchain innovations, RHUNA strives to elevate user interactions, bolster security and transparency, and cultivate a stronger, more connected global community.
Partnering with UNTOLD Universe, a leading music festival organizer drawing millions annually, RHUNA merges their expertise with CryptoDATA’s tech prowess to create an unprecedented platform. At its core lies a decentralized ticketing system powered by blockchain, issuing tickets as unique non-fungible tokens (NFTs). This guarantees authenticity, ownership, and a secure secondary market, eradicating fraud and scalping for a fairer ticketing experience. Moreover, RHUNA offers modular features, allowing event organizers to tailor their management swiftly and precisely.
RHUNA doesn’t stop at tickets; it embraces digital wallets supporting various cryptocurrencies for seamless transactions across tickets, merchandise, and services. Smart contracts automate key processes, ensuring efficiency and trust, while prioritizing user privacy through decentralized identities.
In a groundbreaking move, RHUNA introduces a token-based loyalty program, enabling users to earn tokens for engagement, redeemable for exclusive rewards. Additionally, it pioneers Decentralized Autonomous Organizations (DAOs) for community-driven event planning, ensuring alignment with user preferences.
According to Bogdan Mărunțiş, Head of Global Strategy at CryptoDATA, RHUNA is more than just tech; it’s a dynamic system bridging social and technical realms, optimizing resources for diverse needs in the entertainment industry. Bogdan Rădulescu, Co-founder and CBO of UNTOLD, emphasizes their mission to redefine event organization and engagement, catapulting festival finance into the modern era.
Accessible to attendees of all backgrounds, RHUNA is poised to debut at the 9th Edition of the UNTOLD Festival in Romania, promising an enhanced experience for over 400,000 attendees, adding another layer of innovation to the vibrant entertainment scene.
