While NFTs are most popular for their role in art and NFT gaming marketplaces, they have the potential to revolutionize several industries, especiall the ticketing industry. However, with physical tickets, you always have the risk of fraud. More often than not, you cannot be sure if the ticket you’re buying is the real things. This gave rise to secondary markets where scalpers ran amok and cheated plenty of people. Enter Ticketing NFTs. With the security and immuntability of the blockchain, you can rest assured that you are the verified owner of a particular ticket. Furthermore, event organizers can set a cap price on the NFTs, giving no room for scalpers. And to top it all off, artists and creators can earn from royalties that NFTs provide.
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