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I think the most interesting use of NFTs is for ticketing. It allows someone to transfer a ticket to another person in a way that the buyer can verify it's vali
by svachalek 6y ago
I think the most interesting use of NFTs is for ticketing. It allows someone to transfer a ticket to another person in a way that the buyer can verify it's valid, the seller can't also sell it to someone else, and neither needs permission from the original ticketing authority. Particularly as a token of online membership or authority itself.
I think the whole NFT for art thing is probably here to stay but not likely to ever be important to the vast majority of the public that never went shopping in real world art galleries.
- acjohnson55 6y agoBut if ticket vendors wanted their tickets to be easily tradable, they could make that happen. They clearly aren't that interested, though. I think they see it as a threat to their control of the primary market
- Traster 6y agoYeah the idea that this was previously a technical limitation and not a commercial one is absurd. Ticketmaster could’ve put a “transfer ticket” button in their system a long time ago - but venues don’t want a 3rd party reselling tickets.
- nonameiguess 6y agoThis specifically requires buy-in from whatever venue you're trying to gain access to with the ticket, which remains an authority. As long as they have some other means of associating an identity with the original purchase, they can deny entrance to anyone else possessing the ticket. In other words, you absolutely need permission from the original ticketing authority. In practice, this would work for any venue that sells tickets to anonymous buyers, but most sufficiently in-demand events at least pay some lip service to trying not to do that to avoid getting all of their tickets purchased by professional scalping operations using bots.