SeatlabNFT Announces IDO Starting 24th May 2022

PRESS RELEASE. SeatlabNFT has announced the day for their IDO, with afloat details disposable via their website. The 24th of May 2022 is the archetypal accidental radical astir the globe volition person to put successful the innovative NFT ticketing platform’s autochthonal token $SEAT.

SeatlabNFT is simply a revolutionary lawsuit ticketing level built connected the climate-neutral NEAR Protocol blockchain, designed to make an immersive, much connected acquisition for everyone progressive successful unrecorded events. Minting tickets arsenic NFTs and leveraging the transparent, irrefutable ledger provided by the blockchain volition destruct fraud and drastically trim the interaction of summons scalping (the process of reselling tickets for fashionable events astatine a terms overmuch higher than the container bureau listing).

Current solutions for lawsuit ticketing bash not service artists, fans oregon lawsuit creators. The ticketing manufacture has been plagued by touts and dehumanised by bots successful the pursuit of nett astatine the disbursal of fans and those who marque unrecorded events possible.

SeatlabNFT allows artists to airdrop unsocial rewards straight to fans successful the signifier of NFT collectibles, VIP tickets, assemblage entree passes, and adjacent IRL experiences to amended artist-fan connections.

SeatlabNFT is helping artists signifier person relationships with their fans and make genuine worth from their interactions. They’re besides providing the tools to combat backmost against the scalpers utilizing royalty splits and terms ceilings to rein successful the retired of power secondary market.

The SeatlabNFT Solution

Tickets are escaped to mint, acknowledgment to the unsocial quality of the applications connected the NEAR Protocol blockchain to screen immoderate state fees incurred by their users. To marque their money, SeatlabNFT charges a 5% buyers fee, which tin beryllium reduced by holding their $SEAT token. Half of each collected buyers’ fees are paid retired arsenic staking rewards. The different fractional goes straight to the level treasury.

The SeatlabNFT level is developed astir a tiered inferior for those who clasp their $SEAT token. Token holders payment from a fig of perks connected the platform, including a reduced buyers interest erstwhile purchasing NFT tickets and different assets, exclusive entree to the Rewards Centre, and the quality to involvement their tokens successful speech for a chopped of collected level fees.

Smart contracts govern royalty splits; a acceptable percent of immoderate gross generated from secondary income is automatically sent to a azygous oregon aggregate royalty beneficiaries specified by the lawsuit creator. This means that artists and lawsuit creators volition beryllium rewarded for their work, with gross going straight to them alternatively of into the hands of scalpers and touts.

$SEAT IDO

The $SEAT token IDO volition beryllium the lone accidental that the assemblage has to put successful the SeatlabNFT level earlier the token is listed connected large cryptocurrency exchanges. As with galore Web3 IDOs, the $SEAT token volition motorboat arsenic a terms find offering, meaning that the earlier users deposit funds into the contract, the amended the terms they volition beryllium capable to bargain their $SEAT tokens.

Pre-register for the IDO earlier it starts connected 24th May 2022 to get step-by-step instructions connected however to participate.

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