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- Dear Gate Post users, we’re excited to announce a brand-new upgrade to our user interface! The new version is simpler, smoother, and packed with many thoughtful new features. Update now and explore what's new! What do you think of the new Gate Post experience? Which features do you like most? Have you noticed any surprises or improvements? Share your experience now to split a $50 prize pool!
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- 🚀 Gate.io #Launchpad# Initial Offering: #PFVS#
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a16z Crypto Leads 7 million USD Investment for Blockchain Tickets
News About a16z Crypto's 7 Million USD Investment in the Blockchain Ticketing Platform KYD Labs
On May 14, CoinDesk reported that a16z Crypto led a $7 million seed funding round for the blockchain ticketing platform KYD Labs. KYD is built on Solana, aimed at helping artists and venues control ticket sales, fan data, and revenue, while addressing the issue of revenue loss due to the secondary market.
The benefits of the KYD system have become clear as ticket sales revenue at the famous LPR venue in New York increased by 30% after the implementation of this technology. By 2026, KYD is expected to expand to more than 100 locations in the United States and launch two Tokens, KYD and TIX, to strengthen the community and financial platform.
Please note, this content is for market information purposes only and does not constitute investment advice.
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