Tag: NFT ticketing systems
NFT Ticketing Systems: Revolutionizing Event Access
Pain Point Scenarios The traditional ticketing industry faces rampant fraud, scalping, and inefficiencies. A 2023 Chainalysis report revealed that 12% of event tickets sold globally are counterfeit. Major festivals like Coachella have reported secondary market markups exceeding 300%. NFT (Non-Fungible Token) ticketing systems address these issues through blockchain immutability and programmable scarcity. Solution Deep Dive…
