RaveDAO has launched on the Base blockchain, introducing the x402 payment standard to transform transactions in cultural experiences. The x402 protocol facilitates instant, private transactions using stablecoins like USDC, eliminating the need for accounts or intermediaries. This was demonstrated at RaveDAO's flagship event in Dubai, where attendees purchased tickets seamlessly with USDC, showcasing Web3's potential to enhance offline events.
The x402 standard, based on HTTP 402, allows service providers to charge for API and content access directly through HTTP, bypassing the need for session or credential management. RaveDAO aims to leverage Base's developer-friendly environment and integration with Coinbase to build on-chain infrastructure for cultural experiences, targeting users familiar with digital ownership.
RaveDAO Launches on Base with x402 Payment Model for Cultural Events
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
