From sports events, to live music, to stand-up comedy and beyond – the ticketing business has become profitable for few, clunky for most, and outdated for everyone. SeatlabNFT, a blockchain-based platform is making this change. SeatlabNFT, for the enthusiasts, is designed to revive the industry of ticketing by moving tickets on the blockchain and harnessing NFT technology to perform fast, simple and seamless ticketing transactions. The platform is based on the NEAR blockchain, allowing for cost-efficient and timely transactions – but the buck doesn’t stop there when it comes to advantages over traditional ticketing providers.
SeatlabNFT will also bring to market incentive programs for customers, as well as free-of-cost capabilities for all and a native token for platform users that can be used to receive rewards. Rewards won’t be limited to digital engagement either, as IRL opportunities will keep fans engaged at every touchpoint. SeatlabNFT’s IRL opportunities will keep fans engaged at every touchpoint. According to studies, Millennials and GenZ value experiences more than products.
Use NFTs with True Impact
NFTs must move away from gamification and art in order to be able to transform society. Consumers and fans are always looking for ways to engage with their favourite artists and brands, as well as reap rewards for being loyal. Next comes brand and fan engagement with the help of event airdrops and community awards.
SeatlabNFT believes ticketing can be a great platform for innovation. It opens up new opportunities and experiences. This platform provides support to a secondary marketplace and allows creators and event planners the ability to share on-chain revenue. For event bookers and orchestrators, managing events and post-show audits just got easier – and for creators, retaining their fair share of revenue just got more transparent. All stakeholders can now see the legitimacy of tickets. The blockchain technology that underlies all ticket transactions will ensure all tickets are legal. In an area where more than 10% of tickets could be faked, this is particularly important. SeatlabNFT provides unprecedented solutions for a sector where authentic tickets can be difficult to prove.
The SeatlabNFT project also has buy-in direct from NEAR as it has been granted a grant by the NEAR Foundation and seed investments from various venture capital firms.
SeatlabNFT IDO Next Up
SeatlabNFT is gearing up for its IDO later this month, which will unveil the platform’s native $SEAT token to the general public for the only time before the team shifts its focus towards traditional cryptocurrency exchange listings.
This token serves as an incentive tool and a usage tool. $SEAT token holders will receive discounts, staking opportunities and in-person rewards such free events.
Register for IDO registration here.
Following this month’s IDO, the team at SeatlabNFT is already getting ready for bigger and broader platform development, followed by Beta testing, some initial launch parties to build excitement, and a full-scale launch by Q4 2022. The full capabilities range from infrastructure and community keys to membership cards and access keys for members, along with album artwork, PFP support and collectible IRL items at events.
For the latest updates from SeatlabNFT, stay tuned to the platform’s Medium channel.
