Why NFTs are a game-changer for the Ticketing Industry

NFTs are disrupting the ticketing industry. In this video, we explore the problems they are solving with existing physical and digital tickets, as well as how they can dramatically improve ticketing systems.
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#crypto #nft #nfttickets #nftsports #sportsnft #ticketing #tokenization #tokeneconomics #tokeneconomy

[@pippellia878]

It makes no sense to use a blockchain (a technology that is supposed to survive a nuclear war and is tremendously inefficient because of it) for simple tickets.
There is no reason not to prefer off-chain Verifiable Credentials!
These are much more scalable and offer the same guarantee of an on-chain NFT because the weak point of the latter is not the blockchain, but the Issuer of the tickets.
Because of the implicit trust that there is in the Issuer/Organizer, there are no benefits in using on-chain NFTs compared to digital signatures of that Issuer

[@authentic.sapien7828]

Cool animation! We can use these tickets for proof of attendance and later even as access token to enter private channels and giveout royalty rewards.