Deamus Teams Up with Avalanche

Deamus, a subsidiary of SK Planet, has implemented Avalanche to enhance ticketing. Proposed are blockchain-based tickets for OK Cashbag’s 21 million consumers.

Dreamus can enhance its ticketing experience and increase its $230 million market share with Avalanche regarding South Korean tickets. OK Cashbag will sell tickets for the theater, sports, and fan meetups using the Avalanche blockchain.

The well-designed UPTN Subnet will now connect to the ecosystem of OK Cashbag. AVAX, the native token of Avalanche, trades at $9.76, which has also been successful.

During the previous five days, this increased by 2.72 percent. Avalanche forecasts place the coin’s value at $15.01 by the end of the year. If all goes well, the token could trade for $36.46.

Dreamus and SK Planet will launch a secondary marketplace and add ticketing tools shortly.

SK Planet’s Chief Business Officer for B2C, Gyosu Kim, stated that they are using this partnership to revitalize the entertainment industry by increasing ticket sales.

Fans benefit greatly from blockchain-based tickets, according to Gyon, because they facilitate site verification.

Justin Kim, Ava Labs’ Korea head, describes the next phase of their integration as thrilling. Ava Labs will combine the capabilities of Avalanche, SK Planet, and Dreamus. It’s exciting to see real-world Web3 use cases for the entertainment industry and K-pop fans, according to Justin of Ava Labs.

Dreamus distributes tickets for internationally renowned events. The list includes Psy, Twice, and MissA.

SK Planet is introducing the ticketing portal, as stated by Avalanche. Due to the variety of Dreams’s activities, this will unquestionably benefit many fans. It addresses South Korean industry concerns so that other brands may implement this innovation shortly.

This ticketing system will provide 21 million OK Cashbag customers with benefits.