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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.
YellowHeart Protocol: A Significant Milestone in Event Ticketing System History
You can trace back the history of first event tickets to antiquity in Rome. The first event tickets were not issued on paper but rather on little 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 began to be used gradually in the latter part of 19th century. Over the next two hundred years, many ticket types were created. In the early 2000’s, tickets moved online. YellowHeart Protocol, which is one of the most important candidates in the history and evolution of event ticketing systems is an example.
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. Artists and venues can also receive a percentage of proceeds when a ticket is sold again. 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.
An NFT ticketing platform such as this will revolutionize the industry. It goes beyond a simple paper ticket and gives you a scanner-readable barcode, a bracelet or an ink stamp. It is possible to issue unique tickets that can be traced and are both anti-fraud and counterfeit.
An unforgettable and unique memory for concert-goers
Paper-based tickets, like all perishable goods, cannot be stored for very long without proper storage and care. Digital tickets can also be affected by server downtime, service platforms can shut down and hard drives could not load. The NFT ticket can be stored on the distributed blockchain indefinitely. The NFT concert ticket is digital and decentralized. It’s unique, so it will last forever. 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 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 for Artist Interaction
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. The blockchain technology opens up many engagement opportunities after the event.
There is a great opportunity to profit from the rising value of precious tickets
An old Woodstock 69 concert ticket could be worth a good sum today. This is assuming that the ticket survived time and has remained in great condition all this time. 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 can also be done on many NFT trading platforms. A unique set of concert tickets may be worth more if they have a desirable or rare design.
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.
https://www.youtube.com/watch?v=c4OshOA0oO8
YellowHeart Protocol is launching its utility token, HRTS, on Bittrex Global’s IEO Platform Starting Block as its debut project. For non-residents of the United States, Tuesday, May 24, 2013, 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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