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> you can transfer them verifiably on the secondary market while giving a royalty to the issuer, use them to access a concert, and keep them as a souvenir like
by umanwizard 5y ago
> you can transfer them verifiably on the secondary market while giving a royalty to the issuer, use them to access a concert, and keep them as a souvenir like a traditional ticket stub.
Which of these can you not do on TicketMaster today?
- dmarcos 5y agoTicketmaster is the middleman. NFTs skip all of that and give much more flexibility to the issuer. You can code anything you want in the smart contract. Variable royalties depending on when is sold, increasing royalties on each transaction… Any incentive structure you can imagine is possible and nobody is gatekeeping.