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TL;DR
The oldsters over at Get Protocol simply scraped collectively $4.5M in funding to launch the Web3 model Ticketmaster.
The thrilling half is, the staff over at Get Protocol aren’t ranging from scratch – the truth is, their expertise has already been used to promote 4 million tickets on the blockchain.
Here is what worries/impresses us: it is a David-v-Goliath-style battle. Get Protocol try to topple Ticketmaster (a ~$900M firm) with simply $4.5M in funding (!).
Full Story
So the oldsters over at Get Protocol simply scraped collectively $4.5M in funding to launch the Web3 model Ticketmaster.
Here is why that is thrilling:
First, there’s been plenty of speak about NFT ticketing over time…however not a lot motion.
The distinction right here is, the staff over at Get Protocol aren’t ranging from scratch – the truth is, their expertise has already been used to promote 4 million tickets on the blockchain.
That feels promising!
Second, NFT ticketing has clear advantages for artists and followers alike.
For artists:
As a result of these tickets are trackable, they will see which of their followers have been supporting them the longest and reward them with meet n’ greets, listening events, unique merch, and so on.
(Creating super-fans within the course of).
For followers:
With the arrival of NFT ticketing, fandom can turn out to be worthwhile.
As a result of if uncommon NFT tickets start unlocking advantages, like these listed above – others pays good cash for them.
Here is what worries/impresses us:
It is a David-v-Goliath-style battle.
Get Protocol try to topple Ticketmaster (a ~$900M firm) with simply $4.5M in funding (!).
God velocity, you loopy bpercentstards.
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