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This would require a smart contract, a react front-end to make the UX a little nicer, and a little maintenance. If I charge $1 fees per ticket tx I'd undercut t

by exdsq 5y ago

This would require a smart contract, a react front-end to make the UX a little nicer, and a little maintenance. If I charge $1 fees per ticket tx I'd undercut the market and it wouldn't be that hard.

acdha 5y ago
Do you think Ticketmaster charges so much because their copy of MySQL runs on crushed Ming vases? They charge as much as they do because they have removed a lot of competition from the market (see e.g. jwz - https://www.dnalounge.com/backstage/log/2018/01/31.html https://www.dnalounge.com/backstage/log/2018/01/31.html). There’s no reason why they would implement an NFT where they’d get less money — in fact, they’re the kind of unethical weasels who’d figure out as many ways to hide fees in the smart contracts and play games with the blockchain they use to maximize their take.
- exdsq 5y ago
  This is the whole point of Web3. The idea that these centralized services can be replaced by peer-to-peer transactions over open source software and the digitization of assets like gig tickets as NFTs.
  - acdha 5y ago
    Yes, and it shows why that vision is a pipe dream: Ticketmaster isn’t centralized by accident, or because there haven’t been hundreds of attempts to build competing services. They’re centralized because they spent many millions of dollars centralizing that market and related ones so they can extract as much money as possible. Blockchains not only don’t change that, they encourage it by so heavily favoring the richest participants. There’s no way an unethical incumbent would use that as you hope rather than how they’ve used everything else, and without access to the venues and artists in their network you’re going to be limited to the smallest places and bands. EDIT: remember, everyone not getting paid by them hates Ticketmaster. Their website has been terrible since the 90s and their random fees have been the subject of rants and jokes for just as long. There have been several generations of developers who thought tickets shouldn’t cost so much, knew their musician friends hated Ticketmaster, and said “hey I know Perl/PHP/Python/Node/etc. and could build a better website!” They all failed, and it would be really critical to ask what you’re bringing which is different and especially whether this is actually a technical problem or you have power to apply leverage to the business problems.
  - oblio 5y ago
    Cui bono? Who benefits? Who makes money from that? No one who runs the infrastructure? Why would they build it?

by exdsq 5y ago

This would require a smart contract, a react front-end to make the UX a little nicer, and a little maintenance. If I charge $1 fees per ticket tx I'd undercut the market and it wouldn't be that hard.

acdha 5y ago

Do you think Ticketmaster charges so much because their copy of MySQL runs on crushed Ming vases? They charge as much as they do because they have removed a lot of competition from the market (see e.g. jwz - https://www.dnalounge.com/backstage/log/2018/01/31.html https://www.dnalounge.com/backstage/log/2018/01/31.html). There’s no reason why they would implement an NFT where they’d get less money — in fact, they’re the kind of unethical weasels who’d figure out as many ways to hide fees in the smart contracts and play games with the blockchain they use to maximize their take.

exdsq 5y ago
This is the whole point of Web3. The idea that these centralized services can be replaced by peer-to-peer transactions over open source software and the digitization of assets like gig tickets as NFTs.
- acdha 5y ago
  Yes, and it shows why that vision is a pipe dream: Ticketmaster isn’t centralized by accident, or because there haven’t been hundreds of attempts to build competing services. They’re centralized because they spent many millions of dollars centralizing that market and related ones so they can extract as much money as possible. Blockchains not only don’t change that, they encourage it by so heavily favoring the richest participants. There’s no way an unethical incumbent would use that as you hope rather than how they’ve used everything else, and without access to the venues and artists in their network you’re going to be limited to the smallest places and bands. EDIT: remember, everyone not getting paid by them hates Ticketmaster. Their website has been terrible since the 90s and their random fees have been the subject of rants and jokes for just as long. There have been several generations of developers who thought tickets shouldn’t cost so much, knew their musician friends hated Ticketmaster, and said “hey I know Perl/PHP/Python/Node/etc. and could build a better website!” They all failed, and it would be really critical to ask what you’re bringing which is different and especially whether this is actually a technical problem or you have power to apply leverage to the business problems.
- oblio 5y ago
  Cui bono? Who benefits? Who makes money from that? No one who runs the infrastructure? Why would they build it?