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YellowHeart Protocol, an NFT platform poised to disrupt the ticketing and music industries, is set to launch its utility token, HRTS (pronounced “Hearts”), on Bittrex Global’s IEO Platform Starting Block as the platform’s debut project on May 24 at 13:00 UTC.
The History of Event Ticketing System: YellowHeart Protocol is a Major Milestone
You can trace back the history of first event tickets to antiquity in Rome. Tickets were issued not on paper, but instead on small pieces of clay. People’s passion for public cultural events never stopped since, and it was until the mid-18th century when concert goers in London started to receive pre-paid checks to guarantee their seats. Paper tickets were first used in the 19th century. Over the next 200 years, new ticket styles emerged. In the early 2000’s, tickets moved online. YellowHeart Protocol could be the answer to your question about the next significant event in the history.
On the YellowHeart Protocol platform, tickets are now offered as non-fungible tokens (NFTs) and enhanced with new capabilities enabled by the HRTS utility token (pronounced “Hearts”). NFT tickets offer music, video and other engaging experiences, which is a departure from traditional tickets. These tickets enable artists to interact directly with fans. They also give venues and artists a portion of any ticket resold. YellowHeart Protocol also provides ticket NFTs. They also offer music NFTs. Collectable NFTs are available. Community tokens can be purchased from the marketplace. The platform’s long-term mission is to bring together a larger ecosystem of fans, artists, sports teams, brands, venues, event promoters, and more to participate in the disruptive leap forward.
A NFT ticketing system like this can revolutionize ticketing. This platform goes far beyond paper tickets. It is possible to issue unique tickets that can be traced, are anti-fraud, counterfeit and trackable.
An unforgettable and unique memory for concert-goers
As with all perishable objects, tickets made from paper cannot be stored long enough without being properly cared for. Servers can fail, platforms may be closed, hard drives can crash, and digital tickets could also go offline. The NFT ticket can be stored on the distributed blockchain indefinitely. NFT tickets are digital, unique and distributed decentralized. It’s time to say goodbye to your ticket album, photo frames, or a folder in your hard drive, and to embrace a brand new way of keeping the unique memory for as long as you wish.
Think about it, what is the best way to prove someone was at Woodstock in 1969. There are very few chances that they have original tickets. Your 2022 NFT tickets to an amazing festival will, however, remain at your disposal even if your grandchildren ask for them.
New Channel To Interact with Artists
NFT’s ticketing platform has the technological capabilities to allow for after-event engagement. This allows artists and record labels an alternative way of engaging with concert goers for future events as well as other promotional activities.
Imagine that the news of the next concert of your favorite music band didn’t reach you via social media campaigns or billboard advertisements, but from a fascinating airdrop with a special discount code that only YOU can use. After the channel is established, there are many opportunities for engagement after the event.
You can reap the benefits of rising prices for precious tickets
A Woodstock 69 vintage ticket may be worth a lot of money today, assuming it has survived all the years in perfect condition. Yet a uniquely issued concert ticket saved on the blockchain and preserved as an NFT is a totally different story – it will never deteriorate, tear or get lost.
NFT trading is easy on many of the popular NFT trading platforms. The rising market value for concert tickets could be a boon to owners who have unique or desired designs.
This explains why YellowHeart Protocol is a formidable contender in the world of Web3/NFTs, and gives music lovers and everyone involved in ticketing and live events a reason for celebration.
YellowHeart Protocol is launching its utility token, HRTS, on Bittrex Global’s IEO Platform Starting Block as its debut project. Non-US citizens can begin the token sale Tuesday May 24th at 13:00 UTC. Follow YellowHeart Protocol to keep updated on the latest developments Twitter, check out the website and launch at https://global.bittrex.com/Market/Index?MarketName=USDT-HRTS
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