Thread by @htbroekphoto

#NFTTicketing 🎟️
The most complete WHY, HOW, & WHAT of the #NFT Ticketing use case and write-up about the 🔥 hottest company leading the innovation in the ticketing industry.

An up-to-date list of @GetProtocol integrators below

Time for a 🧵
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Almost all forms of ticketing require proof of ownership. Traditional e-tickets and paper tickets have severe limitations. One major issue is the lack of traceability of the ticket during its lifecycle. Once sold, there is no control over where the ticket ends up,

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whether a ticket is resold, lost, or who uses it. Legitimate parties in the ticket chain e.g., event organizers, artists, and venues make no revenue from secondary markets and know little about their audience. Since it's a big and lucrative market 👇
forbes.com/sites/oisinlun…
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many tickets end up in the hands of ticket scalpers or touts. These middlemen are playing a major role in excessive ticket prices on the secondary markets. Recent examples are the concerts from @Adele & @edsheeran.
theguardian.com/money/2021/nov…
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Besides scalpers also several big ticketing players have been accused of breaking ticket touting regulations. Governments all around the world are sharpening regulations in an attempt to protect consumers. Often end up limiting the resale of tickets.
completemusicupdate.com/article/stubhu…
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#NFTs are proof of ownership over a unique item, every NFT is recorded on the blockchain which results in a transparent way of tracking ownership. This makes it possible to prove ownership of a ticket at any time during an event cycle.

https://twitter.com/GetProtocol/status/1464249496012038155

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In the underlying smart contracts, the characteristics of the NFT are defined including resale market rules thus unlocking full control. I recommend reading the following thread on why #NFT Ticketing is a game-changer for the event industry:

https://twitter.com/GetProtocol/status/1387096454800551937

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Other advantages of #NFTTicketing include collectability like traditional ticket stubs... 👇

https://twitter.com/GetProtocol/status/1471830827327754245

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and bridging to #web3. NFT Tickets enable accessible entrance into Web 3 platforms and protocols from event organizers or artist's community, including the #metaverse.

https://twitter.com/GetProtocol/status/1471830808625393669

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If you want to read more about the vast amount of opportunities of NFT collectibles, I recommend reading the following $GET story in which 'collectible archetypes' have been described:
get-protocol.io/content/the-em…
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The mission at GET Protocol is to be the Open Data Standard for ticketing. Part of that mission is to provide transparent on-chain economic and ticketing data for tickets. For example, you can see tickets sold live in the NFT Ticket Explorer
explorer.get-protocol.io
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So why does Get Protocol require a token anyways? $GET is like gas that is needed to fuel the protocol (for every ticket interaction GET is needed). In other words, hosting events requires GET to be bought from the open market and sent to the DAO.

https://twitter.com/GetProtocol/status/1461336151487303684

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Decentralization, governed by the DAO, is another part of @GetProtocol's mission. Token holders will be incentivized to participate in, for example, votings of the DAO to have a direct say in the course of the ticketing standard.
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$GET offers a blockchain-based smart ticketing solution that can be used by everybody who needs to issue admission NFT tickets in an honest and transparent way, ending scalping and fraud!
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Integrating an existing ticketing company is a low investment move that offers traditional ticketing companies several benefits. @GetProtocol offers two B2B solutions:
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The White Label solution is a comprehensive suite of tools that provide any prospective new ticketing company the perfect start for issuing smart tickets in their local market under their own branding.

https://twitter.com/GetProtocol/status/1405876231531335682

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The Digital Twin solution is focused on existing companies and provides the #NFT infrastructure as a plug-in blockchain solution for pre-established ticketing companies.

https://twitter.com/GetProtocol/status/1434149473354145792

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The advantages for artists & event organizers:

https://twitter.com/GetProtocol/status/1471830831928950794

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The advantages for event attendees:

https://twitter.com/GetProtocol/status/1471830836639109124

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Why is the GET team capable of pulling this off?

The system was battle-tested and over
🎟️1,000,000 tickets
have been sold to mostly non-crypto savvy consumers.

They've done together with their integrators: 👇

https://twitter.com/GetProtocol/status/1450031033005625349

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The original White Label @GUTStickets
🌎Rooted in the Netherlands but expanded ao. to Belgium, VK, Germany
🎟️sold 800,000+ tickets
🎉ADE, Di-rect, Cosmoverse, #metaverse & more

https://twitter.com/AdrianaHamacher/status/1091295332703580160

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getTicket aims to take the Korean music & event industry
🇰🇷 Seoul-based WL to fill the void in regulation and protection
🎟️unknown ticket sales
🏨Hotel del Luna exhibit in Seoul & more to come

https://twitter.com/GetProtocol/status/1283345156763193344

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@WicketEvents WL
🇮🇹 Italy-based live-event company
🎟️unknown ticket sales
🍷the Hostaria wine festival in Verona & more

https://twitter.com/GetProtocol/status/1296379963201990657

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@tectix_de WL
🇩🇪full digital entry management for events focused on the German market
🎟️unknown ticket sales
💉facilitating COVID testing appointments & more

https://twitter.com/GetProtocol/status/1393170475539472393

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Flockey
🇳🇱 a venture that combines GET Protocol smart ticketing with Forkbeard and EY
🎟️utilizing anonymous proximity monitoring and contact tracing e.g., mitigate potential COVID risks
🎤Eurovision Song Contest 2021 & more to come

https://twitter.com/GetProtocol/status/1383390454742347785

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Djebber is a White Label with a
🇳🇱 deep-rooted connection in the Dutch comedy and theatre scene
🎟️unknown ticket sales
🎭major Dutch comedians aim to give artists direct fan connections and deep insights

https://twitter.com/GetProtocol/status/1424993919696265227

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First American WL, @DeFyTickets, has experience as
🇺🇸Fort Worth-based live-event production company
🎟️sold 30,000+ tickets by Fortress Presents
🎉ticketed annual Fortress Festival, Wild Acre Live & more to come

https://twitter.com/GetProtocol/status/1423206252767813632

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Yourticketprovider is the first DT integrator and is a
🇳🇱 major player in the Dutch ticketing industry (part of @CMcom_)
🎟️averages 2,000,000 tickets per year
🎞️services a variety of industries, with a focus on theaters and cinemas

https://twitter.com/GetProtocol/status/1437721429894631425

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@eTicketaBlanca quickly followed as second DT integrator and is a
🇨🇴major player from Medellín
🎟️unknown ticket sales
🎞️from sport to theatre and beyond

https://twitter.com/GetProtocol/status/1437721429894631425

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@_xtixs is a global ticketing company that
🌎served in over 38 countries
🎟️sold 3,000,000+ tickets to date
⚽️ticketed Xolos (Mexican Premier League FC), Cancun Music Week, Secret Solstice & more

https://twitter.com/GetProtocol/status/1463508321856598017

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