Zachary Lindquist’s Post

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Managing Partner at Pure Crypto

DAY 1 - CRYPTO USE CASES FROM BITWISE Ticketing... Problem: Ticketing platforms like Ticketmaster gouge users each time a ticket trades hands on their platform. Sometimes close to 30% of face value! Solution: Create a blockchain ticketing platform that connects buyers & sellers and executes transactions at no (or very little) cost. WHY A BLOCKCHAIN? If you represent your tickets as NFTs (unique verifiable "tokens"), you can digitally authenticate assets & payments without a trusted 3rd party. This is how transactions can be done without excessive fees. Transactions are just simple smart contracts: "If user A sends $X, user B sends *NFT ticket*. Further, this could enable... Ticket swaps (X NFT + $50 for Y NFT). Customizable royalties (X wallet gets 1% of every transaction of X NFT). Customer data for issuer (who are the biggest ticket buyers?) Ability to reward biggest fans (send their wallet address free tickets/coupons for merchandise) WHO IS DOING THIS? From Bitwise's presentation: 👉 https://xp.xyz/

XP - Access your favorite shows

XP - Access your favorite shows

xp.xyz

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