The live events industry currently has a big problem. This market is being cannibalized by ticket scalpers and fraud.
They use ticket bots to buy tickets the moment they go on sale, only to resell them later at much higher prices, ultimately leading to lost revenue for organizers and performers.
Even worse, some fans are denied access to events because they were sold fake or already scanned tickets.
NON-FUNGIBLE TOKENS (NTFs): Provide digital ownership of assets. Created through the blockchain, they are similar to a cryptocurrency. For collectors, an NFT is a digital representation of collectibles that entails uniqueness or digital scarcity. A football trading card is a great example to consider. The owner of the NFT would not possess the physical card. Their token represents their ownership (or partial ownership) of the item and entitles them to sell and profit from this card.
ComeTogether introduces a new form of digital ticket based on blockchain. Through its innovative ticket delivery via a dynamic QR code that changes every 30 seconds, tickets are always original and valid for event entry. NFTs enable event organizers to develop new revenue streams, increase fan engagement, expand geographic markets for events beyond their initial location, reward loyal fans and create an ongoing royalty revenue stream long after the event has taken place.
OUR TICKETS ARE NFTS: Meaning they can be resold as digital collectibles even after the event. We can also create NFTs out of memories from the event, in the form of videos or AR.
ComeTogether offers a marketplace for selling both the aforementioned NFTs (tickets and memories), but they are also interoperable with existing marketplaces, meaning they can be exchanged there as well. The event organizer can track them throughout their entire lifecycle and receive commission each time they are resold.
