GUTS powers largest-ever blockchain ticket sale

All 50,000 tickets for Jochem Myjer’s upcoming 36-night run at Amsterdam’s Royal Theatre Carré will be sold via GUTS Tickets, in what the blockchain ticketing platform is calling the “largest ticket sale on the blockchain to date”.

Myjer (pictured), one of the Netherlands’ most popular comedians, brings his Adem in, adem uit (Breathe in, breathe out) tour to the 1,756-capacity Carré Theatre from January to May 2019. Tickets for all shows will be sold exclusively through GUTS Tickets, marking the official launch of its GET Protocol solution following last year’s trial at mini-festival Here Comes the Summer.

Described as a “fraud- and scalping-proof ecosystem”, the GET Protocol allows event organisers to track their tickets at all times, with all transactions registered transparently with blockchain technology. These ‘smart tickets’ are unable to be duplicated or sold for a price other than the one set by the issuer.

Amsterdam-based GUTS has previously with Myjer previously, earlier this year selling some 18,000 tickets for nine venues within two hours.

GUTS Tickets partners include event promoter Modestus and theatre production company Hekwek, while Martin Garrix’s manager, Watse de Jong, and ITB agent Chris Payne are advisors.

Other ticketing platforms building their infrastructure on blockchain – a distributed ledger which permanently stores all transactions, used by cryptocurrencies such as Bitcoin – include Aventus, Blockparty, Tari, BitTicket/Citizen Ticket, China’s Baidu and Russia’s Crypto.tickets, which last winter sold digital tickets for Kraftwerk at the Kremlin.

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