Satlantis launches Bitcoin-native ticketing platform with built-in Lightning wallets

Satlantis has launched arsenic a Bitcoin-native events and ticketing level that embeds Lightning wallets straight into idiosyncratic accounts and events, allowing organizers to contented tickets and person payments successful Bitcoin without relying solely connected accepted outgo processors.

According to an announcement shared with Cointelegraph, the level functions likewise to services similar Luma and Eventbrite, offering summons tiers, attendee absorption and lawsuit pages, but automatically generates a unsocial Bitcoin (BTC) wallet for each lawsuit to facilitate nonstop payments and withdrawals.

Satlantis besides integrates with Stripe to process fiat payments and said it plans to adhd stablecoin support, allowing organizers to judge Bitcoin, accepted currency oregon some done a azygous dashboard.

According to Satlantis’s crowdfunding page, investors successful the startup see Bitcoin Opportunity Fund and Timechain Capital, a task superior money dedicated to Bitcoin infrastructure projects.

Using Lightning Network to chopped fees

The institution said its exemplary is simply a mode to trim ticketing fees and grow entree successful regions wherever accepted outgo rails are limited, utilizing Bitcoin’s Lightning Network to alteration low-cost, cross-border transactions.

The Lightning Network is simply a layer-2 protocol built connected Bitcoin that enables faster, lower-cost transactions by processing payments off-chain.

According to information cited precocious by River selling manager Sam Wouters, the network’s transaction measurement reached an estimated $1.1 billion crossed 5.2 cardinal transactions successful November.

Source: River

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Crypto’s expanding relation successful ticketing and unrecorded events

Efforts to integrate cryptocurrency into ticketing predate galore existent Web3 platforms, with sports teams and question companies experimenting with digital-asset payments for much than a decade.

In sports, the Sacramento Kings became the archetypal NBA squad to judge Bitcoin for tickets and merchandise successful 2014. The Dallas Mavericks followed successful 2019 aft proprietor Mark Cuban signaled plans to enactment crypto payments, yet allowing fans to acquisition crippled tickets with Bitcoin.

Beyond outgo acceptance, blockchain companies are besides experimenting with however unrecorded events are financed and settled. TIX, the onchain colony web down KYD Labs, aims to turn tickets into tokenized real-world assets that tin beryllium utilized to entree upfront superior and automate repayment flows.

Major sporting bodies person besides explored blockchain-based ticket-linked products. FIFA, the planetary governing assemblage for soccer, has experimented with non-fungible token (NFT) initiatives tied to its tournaments. NFTs are unsocial blockchain-based tokens that verify ownership of a circumstantial integer asset.

Ahead of the 2026 World Cup, FIFA sold “right-to-buy” NFTs granting holders a reserved model to acquisition lucifer tickets astatine look worth if definite conditions are met. The tokens are not tickets themselves but tin beryllium traded connected FIFA’s NFT marketplace. 

FIFA “Right to Final” tickets. Source: FIFA Collect

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