Post by BlueHughes on Apr 8, 2023 14:53:01 GMT 1
Please forgive my millenial talk for a moment, but I would like to see NFTs utilised to revolutionise the ticket industry.
From my amateur view, the only issue I see is the astronomically high investment price to set it up and the long return on investment that would go with it. Unfortunately, the world is run on greed.
I do not own any NFTs, and personally think in their current state it's a load of nonsense... just useless money-laundering pixel art rubbish...
No, my idea is an App that has an associated private blockchain, that sells tickets as NFTs at the price set by the artist.
You can have multiple of the same visually but each have a different associated token, therefore allowing an artist to sell thousands of the same tickets (E.G Stalls Standing) under the "same" NFT.
Your ticket will have a very specific string of code behind it that makes it unique and legitimate, and will only be tranferrable via the apps blockchain, via the official app.
All that is needed then is to force lock the max sellable price to the face value of the purchased NFT.
There are many drawbacks of course; like the possibility of wallet hacking, or the service going down as people are queuing to get in etc, but surely no more work than ensuring the security and validity of the current ways.
As much as I would love to see a company attempt this on any scale, I simply cannot see any change happening as long as billions are being made by TM and many others via the current way...
EDIT: I would still miss real paper tickets.
From my amateur view, the only issue I see is the astronomically high investment price to set it up and the long return on investment that would go with it. Unfortunately, the world is run on greed.
I do not own any NFTs, and personally think in their current state it's a load of nonsense... just useless money-laundering pixel art rubbish...
No, my idea is an App that has an associated private blockchain, that sells tickets as NFTs at the price set by the artist.
You can have multiple of the same visually but each have a different associated token, therefore allowing an artist to sell thousands of the same tickets (E.G Stalls Standing) under the "same" NFT.
Your ticket will have a very specific string of code behind it that makes it unique and legitimate, and will only be tranferrable via the apps blockchain, via the official app.
All that is needed then is to force lock the max sellable price to the face value of the purchased NFT.
There are many drawbacks of course; like the possibility of wallet hacking, or the service going down as people are queuing to get in etc, but surely no more work than ensuring the security and validity of the current ways.
As much as I would love to see a company attempt this on any scale, I simply cannot see any change happening as long as billions are being made by TM and many others via the current way...
EDIT: I would still miss real paper tickets.
