This week, Ticketmaster Leisure, Inc. revealed the corporate will give occasion organizers the flexibility to mint non-fungible token (NFT) tickets by way of the Stream blockchain. Final November, Ticketmaster mentioned it was working with Polygon however since Tremendous Bowl LVI, the ticket gross sales and distribution behemoth began working with the Dapper Labs-managed Stream.
Ticketmaster Has Minted Extra Than 5 Million NFTs Utilizing Stream’s Know-how
On August 31, 2022, a sportsbusinessjournal.com report detailed that Ticketmaster will enable occasion organizers to situation NFTs utilizing the Stream blockchain. Organizers will have the ability to mint NFTs earlier than, throughout, or after an occasion they usually can characterize tickets or memorabilia, VIP entry and rewards as properly. The report notes that the ticketing company has already minted 5 million NFTs by way of the Stream community.
Purchasers which have issued NFTs embody The Black Crowes, the Apollo Theater, and Gavin DeGraw. Ticketmaster initially mentioned it might use Polygon however in February the world’s largest ticket market determined to make use of Stream for the Tremendous Bowl LVI NFT tickets.
Stream already works with the NFL by way of the partnership it labored out for the “NFL All Day” NFTs. Moreover, the Dapper Labs operated Stream was additionally leveraged to mint “NBA High Shot” NFTs and “UFC Strike” NFTs. Moreover, NFL recreation attendees can get Stream-issued NFT tickets from over 100 video games from the 2022 season.
Stream Says ‘Ticketmaster Is Empowering Occasion Organizers’
All-time statistics from the NFT knowledge aggregator cryptoslam.io exhibits that the Stream blockchain instructions the fourth largest place in phrases of NFT gross sales amongst 19 totally different blockchains. The Stream blockchain has recorded $1,098,215,401 in all-time NFT gross sales, in keeping with cryptoslam.io knowledge. 30-day stats point out Stream is the fifth-largest slightly below Immutable X which noticed a 417% rise in the previous month.
Stream additionally confirmed the Ticketmaster deal on Wednesday when it tweeted about it to Reside Nation followers. “Large information for reside occasion followers,” Stream mentioned. “[Ticketmaster] occasion organizers now can supply digital keepsakes, minted [on Flow].” The corporate continued:
Activate entry to experiences and rewards. And that’s not all — [Ticketmaster] is empowering occasion organizers to boost reside experiences for followers — Share your experiences on-line, by no means lose that ticket from the present you liked, new methods to reward communities, [and] get pleasure from VIP experiences.
What do you consider Ticketmaster selecting the Stream blockchain for ticket-related NFTs, memorabilia, VIP entry, and rewards? Tell us what you consider this topic in the feedback part under.
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