Stratis is excited to announce Ticketsphere, the next generation NFT ticketing platform coming on the 29th March 2023.
Event-goers are familiar with a ticket represented by a physical piece of card or paper which grants access to a given event. This concept of tickets is somewhat standardized, even though there are some apparent downfalls, such as loss of tickets, reselling of tickets (touting) and the potential for fraud, to name a few. Innovative technologies, such as blockchain, present the opportunity to significantly improve the ticketing experience from an event-goer perspective and an event organizer/performer. The introduction of Web3 delivers actual ownership, definitive lifecycle(s) and new ways to interact with ticket owners. Enter Ticketsphere. Ticketsphere provides event organizers and performers with a platform to create and issue tickets for their events, represented as non-fungible tokens. The non-fungible tokens are sent to the event-goer as part of the ticket-purchasing process, ensuring genuine ownership and a wholly non-custodial experience.
One of the challenges presented with “Web3” is seamlessly accessing cryptocurrencies without alienating a new user. This requires an education element and, most times, the trust of centralized exchanges. Typically, a cryptocurrency must be owned to allow interaction with a blockchain, such as purchasing a non-fungible token. This is where Ticketsphere separates itself. The Ticketsphere platform operates as a typical e-commerce site, allowing users to select an item for purchase. They purchase using a debit/credit card or even new payment methods such as bank transfers through the new Open Banking standard. Once a ticket is purchased, the Ticketsphere app is installed on the user’s mobile device. When installed, the user will scan a QR Code from their mobile device, registering the device as the ticket recipient. This results in the non-fungible token being issued.
The popular Stratis Blockchain Meetups at the Tower Suites in London will be the initial launchpad before the team begin working with some established venues in London. There is already significant interest from venues who are seeking new and innovative ways to interact with their clientele. Ticketsphere delivers that and more. The Ticketsphere mobile app is also leveraged at the venue, enabling door staff and event organizers to validate the authenticity of an attendee ticket efficiently. It doesn’t stop there. Event organizers can also engage with their attendees like never before, providing attendees access to exclusive content, swag and freebies.