The First Blockchain-Powered Music Festival

The video discusses a project that uses blockchain technology to reward event attendees with cryptocurrency. The project is built on the Stellar network, chosen for its scalability. Attendees receive tokens that can be used for merchandise and future events. The project aims to increase fan engagement, allowing them to influence artist selection and sell products. The video also explores blockchain's potential in the music industry, particularly in streaming and royalties. The total token supply is capped at 1 billion, with potential for multiple tokens in the ecosystem.

What benefits do attendees receive from participating in the festival ecosystem?

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What is the total supply limit of the OMF token, and what implications does this have?

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