Solana-based Ticketing Platform XP Secures $6.2 Million Seed Funding to Enhance Fan Experience

By: en coinotag|2025/05/16 09:45:05
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On May 16th, COINOTAG reported that XP, the ticketing platform within the **Solana** ecosystem, has successfully concluded a **$6.2 million** seed funding round. This financing initiative was spearheaded by **Blockchange**, with notable participation from **L1D** and **Reflexive**. XP aims to redefine the ticketing landscape by offering significant **discounts** on tickets, capitalizing on the efficiency and low transaction costs associated with the **Solana** blockchain. The company is also hinting at broader goals geared towards enhancing the **fan experience**, reflecting a growing trend of integrating blockchain technology within the entertainment sector. The rise of platforms like XP signals a pivotal shift in how tickets are managed and distributed, promising improved accessibility and value for consumers. As the blockchain space evolves, such innovations are crucial in maintaining engagement and loyalty among fans.

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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