Wildend
@wildend
#Thread 1/ Did you know that @openticketing.eth has a #DAO? If you didn't, now you do. I fully believe that this is poised to be one of the most powerful DAO's #onchain. i don't usually focus on price, but this one is important... Let's look at why
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Wildend
@wildend
2/ The DAO treasury balance currently sits 2,338,000 $GET (ticker before rebrand), this translates to 2,338,000,000 $OPN (new ticker), just over 7% of the supply. In #dollar value taking an average price across the multichain infra, we see this is worth around $7.25 million.
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Wildend
@wildend
3/ @openticketing.eth currently has an #FDV of ~$70m. The #events industry is worth upwards of $85b. And with OPEN poised to capture more ticketing marketshare, and add further value through #DEFI event financing, which will lock up and #burn $OPN, the ceiling quickly becomes the floor
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Wildend
@wildend
4/ $OPN trading at a $1b market cap, a 14.2x from here, that would mean the value of the #DAO, assuming no spends between) would be worth around $100m. The power this would have to make a crater in the business of the established monopolies would be huge.
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Wildend
@wildend
5/ What this means then is that with #DAO activity, and a growing ticket count, a true #consumer driven crypto usecase becomes a powerhouse in a stale industry, and $OPN holders will benefit (did I mention real #yield staking based on tickets sold?!)
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Wildend
@wildend
6/ If you are interested in joining the #ticketingrevolution and bringing some fight to the big dogs, then come and join us over @openticketing.eth , get involved, engage in the #DAO and lets move to see us grow into leading the way in a new paradigm of ticketing!
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