The startup develops an e-ticketing platform that enables ticket transfer, resale, and real-time data analytics for businesses. This technology addresses inefficiencies in ticket management and enhances revenue opportunities through streamlined operations and actionable insights.
Funding
$15M 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.
Founders
Product
Problem
Traditional e-ticketing systems often lack transparency and security, leading to fraud, scalping, and difficulties in tracking ticket ownership. Event organizers also struggle to gain real-time insights into audience demographics and ticket sales patterns, hindering effective event planning and marketing strategies.
Solution
UTIX offers a blockchain-based e-ticketing platform designed to enhance transparency, security, and data analytics for the ticketing industry. By leveraging blockchain technology, UTIX ensures that all ticket transactions are immutably recorded, establishing clear ticket ownership and preventing fraud. The platform provides real-time data on ticket sales and usage, enabling event organizers to gain a better understanding of their audience and optimize event performance. UTIX's white-label API allows businesses to seamlessly integrate the platform into their existing systems, offering functionalities such as ticket transfer and resale.
Target Audience
The primary target audience includes event organizers, venues, and businesses seeking a secure, transparent, and data-driven e-ticketing solution.
Features
- Blockchain-based ticket validation and ownership tracking
- Real-time data analytics on ticket sales, audience demographics, and event performance
- White-label API for seamless integration with existing systems (websites, mobile apps, etc.)
- Support for ticket transfer and resale
- Smart contract utilization to guarantee ticket authenticity and security
- Tools to prevent fraud and scalping