Blockchain and cryptocurrency infrastructure provider Binance will be responsible for giving people the option to pay at restaurants, speakeasies, and official merchandise stores of the Cordillera Festival, which will take place in Bogotá on September 23 and 24.
The idea is that participants don’t have to worry and use cash or cards.
According to Páramo, the organizer of the event, this method will save participants time in the queue.
Payment will be made through the handles provided at the entrance.It needs to be charged at different points that the organizers will have in Simón Bolívar.
Additionally, crypto payments will be enabled in the Binance Pay app to enable the purchase of tickets, food and beverages both online and on site for two days.
According to Daniel Acosta, Binance’s general manager for Colombia, Central America and the Caribbean, the initiative aims to bring the advancements and development of the crypto industry closer to the daily lives of Colombians.
“This development is inclusive, multi-faceted and adapts to the needs of participants and fans, also through this issue of Binance Pay. A special 10% discount will be applied to users who purchase tickets using this method.“said Acosta.
Transactions are confirmed instantly; Just authenticate or download the Binance Pay app and sign up to start using it.
There will be charging areas in rest areas. and activities, as well as other special benefits.
The Cordillera Festival expects the participation of more than 60,000 people this year and aims to celebrate the diversity and richness of Latin American music by bringing together established artists and emerging promises.