EquitX is a ticketing platform that lets fans set their maximum budget for an event and then clears all orders at one uniform price, ensuring no one pays more than their limit. The system eliminates queues and bot advantages by using a transparent batch pricing process rather than first-come, first-served. Organizers maintain control over their primary inventory, with unsold tickets continuing into scheduled rounds without automatic rollovers.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional ticketing systems reward speed over fairness, causing fans to lose out to bots and scalpers during rapid on-sale events. Fans often face overcrowded queues, crashing pages, and unpredictable pricing, while organizers struggle to manage inventory transparently and ensure a calm buying experience for their audience.
Solution
EquitX provides a ticketing platform where fans set their maximum budget per ticket during a calm window, then all orders are settled together at one uniform clearing price that never exceeds any individual's budget. This batch-based clearing process removes the advantage of speed, so no queues, crashes, or refresh wars occur, and every successful buyer pays the same final price. Organizers retain full control over their primary inventory, allowing unsold tickets to continue into scheduled rounds with no automatic rollover of fan orders. The platform can be integrated alongside existing ticketing systems, and an illustrative model estimate gives fans a probabilistic view of their chances of securing a ticket.
Target Audience
Primary customers are event organizers, including venues, promoters, and artists, who want to run fair, calm ticket sales while retaining control over primary inventory and pricing.
Features
- Fan-driven budget setting with a single uniform clearing price per batch
- Batch-based clearing process that eliminates speed advantages for bots and scalpers
- Organizer-controlled inventory with scheduled rounds and no automatic order rollover
- Calm buying process with no queues, crashes, or refresh wars
- Integration-ready alongside existing ticketing systems, live in days
- Probabilistic market-condition estimates for fans during the budget-setting window