This high fidelity UX prototype explores what a closed loop NFT-based ticketing system powered by blockchain might look like, and seeks to address some of these problems head on.
Proof of human buyer: This prototype would help avoid bot programmatic buying by requiring every purchaser to have a valid Calaxy wallet setup with biometric on-device authentication that runs at the time of purchase, not just at sign in. (eg. FaceID scan to complete purchase)
Direct to fan seller model: This system would establish a direct-to-fan first party and resale value chain that eliminates alot of the middle-layer technologies that are often criticized for price gouging, netting artists and Creators a far smaller "slice of the pie" than they otherwise deserve.
Reseller royalty enforcement: The resale royalty established at the time of ticket creation (issuance) would be codified into each NFT ticket on blockchain via standards like Ethereum's
ERC-721: Non-Fungible Token Standard, which provides a blueprint for creating unique, indivisible digital assets with attributes like resale royalties enforced within its smart contract architecture. This provides stronger royalty assurances to sellers that the current standard.
Truly solving these issues at scale will require careful consideration and future research. This MVP is designed to provide a palatable visual experience of what some of these solutions might look like once they are fully operationalized on blockchain architecture.
Key future considerations: