Are NFT Tickets The Future Of Music And Sporting Events?

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Ticketing is a $72 billion dollar industry that has digitised like no other. But with that digitalisation has come centralization, touts, fake tickets, bots and fan exploitation. 12% of ticket buyers get scammed on a regular basis, dynamic pricing has pushed prices beyond the reach of regular fans and new musicians and small clubs scramble for the pocket change that’s leftover. As the demand for events - both virtual and IRL - grows, can event organisers use NFTs to solve the challenges facing the industry and create a smoother, safer, cheaper and more entertaining ticketing experience?