I was reminded today that Ticketmaster desperately needs to go the way of Blockbuster. I bought a seat ticket for a Tool concert next year, $74. With fees it came to $97. Ridiculous considering I don’t even receive a physical ticket anymore.
Blockchain, once mainstream and widespread, will break the stranglehold middlemen hold over venues. Imagine direct selling NFTs to fans and locking in price so scalping is practically non-existent. And the artist would get a kickback of secondary sales. Maybe lock in transferring the ticket more than once.
There’s so many possibilities I’m sure these issues will get solved someday soon. This is why crypto is so exciting. The possibilities are endless.