A Better Ticketmaster
Problem to Solve:
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.
Possible Solution:
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.
Enhancements:
Integration with DeFi platforms for lending and borrowing
Collaborative staking during attendance
