TICKETMINT RELEASES DIGITAL TICKETING WITH NFT COLLECTIBLES

Smart ticketing platform, TicketMint, has released a digital, NFT related tickets to enable event coordinators identify the authenticity of tickets and other ticketing arrangements.

According to the co-creator of the ticketing platform and Chief Development Officer at SmartLedger, Gregory Ward, the platform is meant to connect all stakeholders involved in undertaking events by giving fans NFT collectibles along with the experiences from the event. They posit that the platform helps to avoid any form of foul play in the ever-growing industry, solving the problems encountered by fans.

Commenting on the digital ticketing, Mr. Ward said “As a ticketing platform, TicketMint will help capture lost revenues and increase sales by mitigating fraud, forgery, and counterfeiting. This reduces the impact of ticket scalping and price gouging by allowing artists and event organizers to regain control of the secondary ticketing market.”

On the other hand, Co-Founder of SmartLedger and Public Policy Director for the Bitcoin Association, Bryan Daugherty said “TicketMint has solved the global fraudulent event ticketing problem by utilizing blockchain to allow artists and event venues to issue and release uniquely numbered and timestamped digital tickets. These utility NFT’s offers gated access to physical or virtual events.”

“The platform allows granular control of pricing and sales in secondary markets mitigating if not eliminating the ability of scalping. Additionally, digital amenities and upgrades can be added to any ticket for extra rewards, redeemable perks, and VIP access.”

The platform was used at the Hollywood Roosevelt Hotel, Los Angeles, for events held. The tickets presented contained limited edition features and other perks available to the ticket holder. They say it will be used again for blockchain educational event at the Ronald Reagan Building and International Trade Center. They also encourage organizers to come aboard their platform as they continue to improve their innovations. 

 

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