Web3-based ticketing and music marketplace that leverages blockchain technology to enable secure, transparent, and verifiable ticket sales and artist-to-fan transactions. It addresses issues of ticket fraud, scalping, and low artist revenue by providing a decentralized platform that ensures fair distribution and direct payments.
Funding
$6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
TGFounders
Product
Problem
Current ticketing systems suffer from fraud, scalping, and lack of transparency, leading to inflated prices and reduced revenue for artists. Existing platforms often lack direct artist-to-fan engagement and control over ticket distribution.
Solution
This platform provides a decentralized ticketing and music marketplace leveraging blockchain technology to ensure secure, transparent, and verifiable transactions. By using blockchain, the platform aims to eliminate fraudulent tickets and scalping, while enabling artists to directly connect with their fans and receive fair compensation. The system facilitates direct artist-to-fan ticket sales and other transactions, fostering a more equitable and engaging ecosystem for both parties. Smart contracts automate royalty distribution and enforce pricing rules, ensuring artists retain control and benefit from secondary market sales.
Target Audience
The primary target audience includes musicians, event organizers, and fans seeking a secure and transparent ticketing experience, as well as those interested in supporting artists directly.
Features
- Blockchain-based ticket verification to prevent fraud and counterfeiting
- Smart contract-enabled royalty distribution for automated and transparent payments to artists
- Direct artist-to-fan ticket sales, bypassing traditional intermediaries
- Customizable ticket pricing and distribution rules set by artists
- Secure and transparent secondary market for ticket resales with controlled pricing
- Integrated digital wallet for seamless transactions and cryptocurrency support
- NFT integration for exclusive content and fan engagement opportunities