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What are the advantages of using blockchain and NFTs for ticketing?

The main advantage of using blockchain and NFTs for ticketing is that it enables event organizers to keep track of the tickets after they are sold. All tickets are securely linked to the purchaser, and these transactions and any others on the exact tickets are entered in the blockchain. Any further sale or transaction involving the tickets will also be listed in the blockchain. Keeping a shared database of all the transactions involving each ticket limits or even eliminates the possibility of scalping, uncontrolled price gouging, and fraudulent transactions.

Posted By: ChampsChamps2023 on May 29th 2022 at 11:36:51

Message Thread

Modern tickets (General Chat) - Cardiff Canary, May 29, 07:30:28
- I honestly don't know why they don't just upload ticket purchase details to our (General Chat) - Legacy Fan, May 29, 11:14:05
- If they tried a system whereby (General Chat) - Captain Bligh, May 29, 10:01:22
- They need to use blockchain technology to ensure only unique codes are issued once (n/m) (General Chat) - ChampsChamps2023, May 29, 08:57:46
  - Here (General Chat) - ChampsChamps2023, May 29, 11:36:51
    - Also people can check that their code is legit online (General Chat) - ChampsChamps2023, May 29, 11:39:27
      - Blub (n/m) (General Chat) - Wrath analytica, May 29, 12:57:14
      - Great idea (General Chat) - Legacy Fan, May 29, 11:54:09
        
        Via an encryption tool (n/m) (General Chat) - ChampsChamps2023, May 29, 15:52:55
  - You do know that if you’re clueless on a subject, it’s okay to just ignore the post (General Chat) - Only1Doherty, May 29, 09:56:00
  - Blockchain doesn’t do anything a standard database can’t (General Chat) - Ben, May 29, 09:54:56
    - It logs all transactions including when tickets are transferred (General Chat) - ChampsChamps2023, May 29, 15:58:02
    - Heh - this too (n/m) (General Chat) - Cardiff Canary, May 29, 09:55:41
  - 😳 (n/m) (General Chat) - Wrath analytica, May 29, 09:32:40
  - The issue is with refunds/reselling/touting (General Chat) - Cardiff Canary, May 29, 09:18:01
    - Yeah the reselling thing and multiple printing baffles me but I’ve been ok so far. (General Chat) - Augustus Pablo, May 29, 09:56:03
      - Interesting. (General Chat) - Cardiff Canary, May 29, 12:10:56
        
        The unique code is linked to your unique account (General Chat) - ChampsChamps2023, May 29, 15:57:21
    - You mean the same technology that lets you save a JPEG of an NFT (General Chat) - Only1Doherty, May 29, 09:47:02
      - Blockchain is a controlled ledger of transactions. (General Chat) - ChampsChamps2023, May 29, 15:55:57
      - That was a reply to the tedious parrot, not you. Sorry. (n/m) (General Chat) - Only1Doherty, May 29, 09:48:03
        
        Heh, yeah, I got that (n/m) (General Chat) - Cardiff Canary, May 29, 09:51:57
    - Agree. But without the legit receipt you shouldn’t attend the venue (n/m) (General Chat) - ChampsChamps2023, May 29, 09:37:44
      - Again (General Chat) - Cardiff Canary, May 29, 09:43:32
        
        People without unique legit codes shouldn’t travel to the game (General Chat) - ChampsChamps2023, May 29, 15:54:44
        
        We need to use more #web3 in the #metaverse utilising #NFT (General Chat) - Ben, May 29, 10:08:11
  - how would that work for football or concert tickets (n/m) (General Chat) - ghostof barry butler, May 29, 09:17:43
    - Google it (General Chat) - ChampsChamps2023, May 29, 09:36:56
      - i have ... but i want to know in your words how it would work (General Chat) - ghostof barry butler, May 29, 09:41:16
        
        One day you’ll realise what I’m saying was correct (General Chat) - ChampsChamps2023, May 29, 15:53:46
        
        no doubt ... but i have no idea what blockchain is (General Chat) - ghostof barry butler, May 29, 16:35:40
        
        Lolf (n/m) (General Chat) - Cardiff Canary, May 29, 09:45:40

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