Press release
PRESS RELEASE. SeatlabNFT announces the date of their IDO. More details can be found at www.seatlabnft.com Site. The 24th of May 2022 is the first opportunity people around the globe will have to invest in the innovative NFT ticketing platform’s native token $SEAT.
SeatlabNFT, a new event ticketing platform, is built on NEAR Protocol, a climate-neutral blockchain. It’s designed to make live events more immersive and connected. The blockchain’s transparent and irrefutable ledger will allow you to mint tickets and reduce fraud.
The current solutions to event ticketing are not beneficial for artists, fans or organizers. In pursuit of profits, ticketing has become a sham industry that is dominated by scammers and robots.
SeatlabNFT lets artists airdrop special rewards to their fans in the form NFT collectibles and VIP tickets. Community access passes can also be used to get into IRL events to enhance artist-fan relationships.
SeatlabNFT is working with artists to build stronger relationships and generate genuine value for their interactions. They’re also providing the tools to fight back against the scalpers using royalty splits and price ceilings to rein in the out of control secondary market.
SeatlabNFT Solution
The unique NEAR Protocol blockchain application that can cover gas costs for their users makes tickets free to mint. SeatlabNFT has a buyers’ fee of 5%. This can be decreased by purchasing their $SEAT token. Half of all collected buyers’ fees are paid out as staking rewards. The remaining half is paid to the platform treasure.
SeatlabNFT’s platform was built on a tiered utility that is available to holders of their $SEAT token. Holders of the token get a variety of benefits on the platform. These include a lower buyers fee for NFT tickets, access to the Rewards Centre and the possibility to stake their tokens to receive a portion of the platform fees.
Smart contracts regulate royalty splits. A set percentage of secondary revenue is sent automatically to one or more royalty beneficiaries as specified by event creators. Artists and event planners will receive a reward for their hard work. Instead of being sold to scalpers or touts, the revenue they generate from secondary sales goes straight to them.
$SEAT IDO
Only the $SEAT token IDO (investment opportunity) will allow the community to purchase SeatlabNFT tokens before they are listed on major cryptocurrency exchanges. Like many Web3 IDOs the $SEAT token will launch as an initial price discovery offering. That means users can buy $SEAT tokens at a lower price if they deposit their funds earlier than others.
Register now for the IDOGet step-by-step directions on how you can participate before the event starts on May 24, 2022
This press release is for informational purposes only. The promoted company and any affiliates are to be vetted by readers before they take any action. Bitcoin.com does not assume any responsibility for damages or losses resulting from or related to the content, goods, or services in this press release.
Image creditShutterstock. Pixabay. Wiki Commons
