Blockchain Flow by Dapper Labs has partnered with ticketing giant Ticketmaster to enable event organizers to issue non-fungible tokens (NFTs) before, during and after concerts, musicals, exhibitions and shows.
Ticketmaster’s NFT offering is already enjoying significant success. Over 5 million non-fungible tokens have already been issued on the Flow blockchain, an open decentralized platform uniquely designed to provide consumer services such as NFL All Day, NBA Top Shot and UFC Strike. Please note that issuing an NFT on the Flow ecological block chain requires less energy than a message on a social networking site.
— Dapper Labs (@dapperlabs) August 31, 2022
Brendan Lynch, executive vice president of business and revenue for Ticketmaster, said:
Event organizers who choose to offer NFT to fans along with their ticket have a real opportunity to make this new technology relevant and attractive at scale. That’s why we’re partnering with Flow, as their blockchain is built specifically for fan engagement and a seamless consumer experience.
The future of banknotes with blockchain and NFTs
Ticketmaster’s tools aim to unlock unique integrations to improve the “fan experience”as every event organizer has different goals when it comes to releasing NFTs.
Mickey Maher, Vice President and Director of Partnerships at Dapper Labs, added:
Our partnership with Ticketmaster will enable millions of live event fans to record, share and enhance their IRL experience with digital collectibles. Ticketmaster has quickly become a leader in this field and we are thrilled to support their work in enabling event organizers to deliver even more value to fans through the benefits of blockchain.