Blockchain Startup Festy Receives Investment South Korean Chat Giant Kakao

Blockchain, Investing, News | March 27, 2019 By:

Ireland-based blockchain ticketing startup Festy has received an undisclosed investment from South Korean chat giant Kakao to develop a blockchain-based payment system.

Founded in 2016, Festy started as a product for wristbands at music festivals that stored payments and ID data so users didn’t have to carry cash or cards on the campsite.