You have been buying tickets to your favorite artists' concerts since ages. Despite your dedication, you are not rewarded for your loyalty by the ticketing platforms.|
Ticket fraud and ticket scalping (the practice of buying tickets and reselling them at a higher price) can also be major challenges for ticketing companies.
Platforms like Ticketmaster are ripe for disruption.
An opportunity for artists to engage with their audience directly.
Give purchasers exclusive collectibles that can serve as POAPs as well as a reward for loyalty thorough attendance.
If an event sells out, artists can put a clause in their contracts in order to receive a percentage of the proceeds if someone resells the ticket. This helps to prevent ticket scalping and increase revenue for the artist.
- Integration with DeFi platforms for lending and borrowing
- Collaborative staking during attendance