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Ticketmaster is partnering with metal band Avenged Sevenfold to offer fans NFT-gated pre-sale tickets to the band’s tour.
The trial will reportedly enable NFT holders from the band’s fan club — Death Bats Club — to integrate their crypto wallet with Ticketmaster in order to get priority access to tickets and reserved seating with no queues.
Singer Matt Sanders, an early advocate for NFTs and Web3, said on Twitter the NFT-gating would ensure “fans get the best tickets at the best prices without bots, scalpers and long wait times”.
Fans have already used the feature to purchase tickets for events at New York’s Madison Square Garden and The Forum in Los Angeles ahead of the general public. Now the initiative will go live for the rest of the dates available on Ticketmaster.
The band launched the Death Bats Club in 2021 — a collection of 10,000 NFTs with unique visual traits that unlock real-life perks such as care packages, meet-and-greet opportunities, and now early-access ticketing.
NFT-gating would ensure “fans get the best tickets at the best prices without bots, scalpers and long wait times”
“Ticketmaster has already issued more than 5 million NFTs as commemorative tokens for major events including the Super Bowl, but this is the first token-gated integration for purchasing tickets directly. Currently it is a pilot program but may roll out to more artists based on demand,” David Marcus, Ticketmaster’s executive VP of global music, told Billboard.
“Avenged Sevenfold used the capability to offer first access to tickets, but there are a variety of ways it can be used by artists in the future. From unlocking premier seats to special experiences like sitting in on soundcheck.
“Token-gated ticket sales are available as part of our expanding Web3 services and other features that help artists set their own terms on how tickets get to fans. Any artist who is minting their own NFTs or partnering with another independent community can explore with token-gated ticketing now.”
Ticketmaster’s token-gated sales are currently compatible with tokens minted on Ethereum and stored in dapp wallets, such as MetaMask or Coinbase.
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Yourticketprovider, one of the Netherlands’ leading ticketing platforms, will integrate a new NFT (non-fungible token) ticketing product called Digital Twin.
Launched by blockchain ticketing innovator, GET Protocol, the product will allow Yourticketprovider to create an NFT copy of every ticket issued without extensive integration or interruption to their usual business.
“Thanks to this unique integration with the GET Protocol we will help organisers to enter, explore and monetise the many opportunities of this new online space using NFTs, for example, a more secure secondary market, pre-funding events and selling digital merchandise,” says Bart Peute, CEO of Yourticketprovider.
“Also to a visitor a ticket is much more than a barcode and we now support the full visitor journey and experience offline and online.”
Maarten Bloemers, CEO of GET Protocol, added: ‘We are thrilled with this move, as we are looking to develop the NFT ticketing use case as widely and thoroughly as possible.
“YTP will help organisers to enter, explore and monetise the many opportunities of this new online space using NFTs”
“In Yourticketprovider we have a great initial partner for the Digital Twin product, showing that they are open to innovation. That’s a mindset we are hoping to come across more and more, as we show the world what a ticket is capable of.”
Founded in 2012, Yourticketprovider currently sells around 2 million tickets per year. The CM.com-backed platform sells tickets for major festival organisers such as Loveland events, the Zoo events and Kwaku Summer festivals.
Yourticketprovider is the first platform to integrate with Digital Twin, which was designed for existing ticketing companies who want to break into the NFT ticketing space.
GET Protocol has been issuing and optimising blockchain-registered tickets since 2016, helping to eliminate scalping, the monetisation of the secondary market and the possibilities of using tickets as digital collectables.
Read more about the possibilities of NFT ticketing here.
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