RAVE Token RAVE Token

$0.30 -17.95% RAVE
Volume (24h)
$7,973,695
24h High
$0.32
24h Low
$0.24
Circulating Market Cap
$67,534,900
Total Market Cap
$282,192,104
Bid / Ask
$0.49 / $0.49
24h Trades
154,198

What is RaveDAO (RAVE)?

RaveDAO (RAVE) is a decentralized entertainment and cultural movement that connects live music, global community, and Web3 technology. It’s positioned as a bridge between mainstream entertainment (festivals, tours), local community building (chapters), and on-chain participation—turning event-driven attention into a lasting global network. It operates through flagship RaveDAO events and community-led local chapters, inspired by the TED/TEDx chapter model, with a community-up ethos and shared cultural IP.

What is RaveDAO (RAVE) token used for?

RaveDAO is used to build and scale a global culture network where entertainment becomes a platform for community, innovation, Web3 onboarding, and social impact. Concretely, it’s used for:

  • Flagship festivals/world tours that bring together major artists, conferences, and global audiences, onboarding attendees into the community.
  • Chapter expansion (“chapters, not afterparties”) where local organizers can run city-specific RaveDAO chapters under a unified framework—locally authentic, globally connected, and community-owned.
  • An entertainment sandbox for ecosystem integration, where partners can test real-world adoption (e.g., NFT ticketing, loyalty, payments, on-chain governance, IRL crypto payment scenarios), and creators can explore new fan engagement models.
  • Rave for Light, a built-in impact initiative that redirects a portion of proceeds and attention to community-chosen causes (e.g., cataract surgeries in Nepal, mindfulness programs in Seattle).

$RAVE specifically is framed as the coordination layer for the ecosystem, enabling:
- B2B utilities: stake-to-license the IP, activate chapters via DAO-approved grants, vendor qualification staking, and artist/label collaborations.
- B2C utilities: VIP access, meet-and-greets, early entry, digital collectibles/NFT drops, payments for tickets/tables/on-site purchases, and community rewards.
- DAO governance: voting on event locations, artist lineups, venues, philanthropic allocations, and ecosystem grants.