Sander | OPEN 🎟 pfp

Sander | OPEN 🎟

@42

947 Following
980 Followers
Crux pfp
Crux
@cruxinc.eth
The fact that Spotify took almost 20 years to reach a full year of profit demonstrates that their strategy was always about building market power rather than creating a sustainable ecosystem for all participants Any genuine concern for musicians would have led them to implement artist equity sharing, adjusted per-stream rates, etc by now Access to the world's music catalog for ~$12/month has effectively put us all in handcuffs and this leverage will continue to be exploited until we reach a breaking point (if we ever do) https://www.investopedia.com/spotify-hits-first-full-year-of-profitability-8785456
7 replies
7 recasts
24 reactions
Sander | OPEN 🎟 pfp
Sander | OPEN 🎟
@42
0 reply
0 recast
0 reaction
Sander | OPEN 🎟 pfp
Sander | OPEN 🎟
@42
on it! launching something very soon to address the ticket cartel with a new approach. join the rebellion.
0 reply
0 recast
0 reaction
Sander | OPEN 🎟 pfp
Sander | OPEN 🎟
@42
i hear you. working on it day in day out. sold 8m onchain tickets thus far, billions to follow. launching something soon to flip the script.
1 reply
0 recast
4 reactions
Sander | OPEN 🎟 pfp
Sander | OPEN 🎟
@42
dApp GDP. But yeah, what is success? Relative to what?
0 reply
0 recast
0 reaction
Sander | OPEN 🎟 pfp
Sander | OPEN 🎟
@42
got handles already?
0 reply
0 recast
0 reaction
Sander | OPEN 🎟 pfp
Sander | OPEN 🎟
@42
Fam. What’s going on? https://youtu.be/Y9KC7uhMY9s?si=BQBvhbhHWASqVaHj
0 reply
0 recast
2 reactions
Sander | OPEN 🎟 pfp
Sander | OPEN 🎟
@42
This guy is making moves. He is ready go all-in in web3. What's the recommended playbook like @coopahtroopa.eth? From the country of San Holo.
1 reply
0 recast
2 reactions
Sander | OPEN 🎟 pfp
Sander | OPEN 🎟
@42
@walletconnect mimicking crypto early days. You saw BTC left your wallet, but then the confusion of it not showing up on the other side until eternity.
0 reply
0 recast
0 reaction
Sander | OPEN 🎟 pfp
Sander | OPEN 🎟
@42
Wise anon.
0 reply
2 recasts
3 reactions
Sander | OPEN 🎟 pfp
Sander | OPEN 🎟
@42
He knows how to diamond hand
0 reply
0 recast
0 reaction
Sander | OPEN 🎟 pfp
Sander | OPEN 🎟
@42
What is the best way to get a complete list of wallets (~53k wallets) that minted a specific mint on Zora?
0 reply
0 recast
2 reactions
Sander | OPEN 🎟 pfp
Sander | OPEN 🎟
@42
https://open.spotify.com/track/35LDid9nvuYrUyZk5qGD0i?si=dFRXuO7ARLmE0ISprp-H5Q&context=spotify%3Aalbum%3A1Xsprdt1q9rOzTic7b9zYM they are crazy
0 reply
0 recast
1 reaction
Sander | OPEN 🎟 pfp
Sander | OPEN 🎟
@42
Happy to help if you need any onchain ticketing lego blocks!
0 reply
0 recast
0 reaction
Sander | OPEN 🎟 pfp
Sander | OPEN 🎟
@42
This is an important moment in OPEN’s plan and we look forward to expanding native onchain ticketing functionality together with Inflow. In the meantime, as always you can track all of the action in real-time on our explorer: https://explore.onopen.xyz 6/
0 reply
0 recast
0 reaction
Sander | OPEN 🎟 pfp
Sander | OPEN 🎟
@42
How does this work from a technical and user perspective? For user’s not much changes, they purchase a ticket with FIAT currency and behind the scenes that money is brough onchain through Inflow and deposited into a wallet generated by OPEN on behalf of the user before being transferred to the Event Organizer’s wallet and if requested, offramped. All of this done, seamlessly on a global scale. Pretty exciting right? 5/
1 reply
0 recast
0 reaction
Sander | OPEN 🎟 pfp
Sander | OPEN 🎟
@42
Last but certainly not least - onchain revenue flows allow tickets to be fully composable onchain assets, that means allowing these assets to be integrated into any platform that recognizes the ERC-721 standard and enforces smart contract sales rules. From secondary marketplaces to primary ticketeer front ends, to DeFi applications, raffles and rewards in other dapps, onchain affiliate systems and more - the world becomes a ticket’s oyster. 4/
1 reply
0 recast
0 reaction
Sander | OPEN 🎟 pfp
Sander | OPEN 🎟
@42
What does onchain payments truly mean for the OPEN ecosystem? Good question! Until now, all payments processed for tickets issued through OPEN have been done using legacy PSPs offchain through bank accounts. This provides several restrictions: Each region has its own PSP and PSP rules which ticketeers need to adhere to PSP fees can be expensive and eat into the bottom line of a ticket sale Offchain payments provide no programmability and cannot adhere to the rules defined onchain with ticketing smart contracts. 2/
1 reply
0 recast
1 reaction
Sander | OPEN 🎟 pfp
Sander | OPEN 🎟
@42
By bringing onchain payments to life, for the first time ever, the true rules of primary and secondary sale can be enforced on the smart contract level. Event organizers can define the sale prices of their tickets and any platform or marketplace could feasibly sell those tickets enforced by the onchain standard set by the organizer. Revenue splits can also be baked into the contract natively, ensuring that all rightful parties selling tickets receive their cut of the sale, transparently for all to see and instantaneously onchain, no more waiting at the mercy of a centralized third party. 3/
1 reply
0 recast
0 reaction
Sander | OPEN 🎟 pfp
Sander | OPEN 🎟
@42
Today we’re excited to announce our first internal onchain payments test, paving the way in bringing ticketing fully onchain. We’re partnering with @Inflow to make this a reality and very much look forward to bringing the multi-billion dollar revenue flows of the events industry onchain in a fast and borderless manner. Our first internal test event can be found below via GUTS. Please note buying a ticket in this shop doesn’t get you anything other than a commemorative NFT to mark the occasion (and flex to friends). https://app.guts.tickets/cu84nd/v84dmu 🧵
1 reply
1 recast
6 reactions