SIX Protocol
  • SIX NETWORK
    • Introduction
    • About SIX Network
    • Milestone
    • SIX Network Roadmap 2025 : The Year of Adoption
      • Real-World Asset Tokenization Projects
      • SIX Network Developer Program & Grants
      • Expanding and Deepening Partnerships
      • Increasing Benefits for Staking
      • Positive Impacts to SIX Token
    • SIX Token
      • Token Supply & Network
      • Emission
      • Supply Management Policy
        • How Pre-Quarterly Reserved Supply Burn Works
        • Why Pre-Quarterly Reserved Supply Burn is Better
        • Supply Management Record
      • Governance Function
    • Community Relations
      • Legacy Business Activities
      • Extended Activities
      • Current Activities
      • Recent News, Announcements, and Business Update
  • SIX Protocol
    • Introduction
    • Core Structures
    • EVM Compatible
      • Example Use Cases
    • EVM x Cosmos Transfer
    • Node Validator
      • Business Node Validator
      • Individual Node Validator
    • Dynamic Data Layer
      • Overview
    • NFT Gen2
      • NFT for Business Application
        • NFT Ticketing
        • NFT Redeemable
        • NFT Membership
      • Preparation to use NFT Gen2
    • Tokenization Platform
  • Guide
    • User Guide
  • Technical Document
    • NFT Gen2
    • SIX Protocol
  • GOVERNANCE
    • Introduction to Governance
  • Community Support
    • SIX Protocol Developer Community
  • Links
    • SIX Community Links
      • Discord
      • Twitter
      • Telegram
    • Official Site
      • SIX Protocol
      • SIX Network
    • Medium
    • Github
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  1. SIX Protocol
  2. NFT Gen2
  3. NFT for Business Application

NFT Ticketing

The use of blockchain technology and encryption in NFT tickets makes them highly secure and almost impossible to counterfeit. Each NFT ticket is assigned a unique owner and any transactions related to it are recorded on a blockchain ledger, allowing for the verification of its authenticity. This also allows for easy tracking of the buying and selling status of each NFT ticket.

Benefits from NFT Ticketing

  • Preventing Fraud tickets

NFT tickets ensure authenticity and prevent counterfeits. Ownership is recorded immutably, allowing verification by both ticket holders and organizers. NFTs can also be designed to prevent unauthorized resale.

  • Recurring income

NFT Gen2 enables organizers to control merchandise rules, resale, and royalty splits for profitable secondary market resale while maintaining ticket authenticity.

  • Reduce costs

NFT Gen2 enables organizers to control merchandise rules, resale, and royalty splits for profitable secondary market resale while maintaining ticket authenticity and can also be constantly reused

  • Faster process

The process of creating and minting NFTs is significantly faster than traditional methods of digitizing tickets. NFTs can be generated and ready for sale and provide a quick and efficient way to sell tickets.

NFT ticketing can be useful for a variety of businesses that rely on ticketing systems, such as event organizers, sports teams, and concert promoters. By using NFT ticketing, these businesses can reduce ticket fraud, ensure that tickets are being sold at fair market value, and even create new revenue streams by selling tickets on secondary markets.

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Last updated 2 years ago