Ticket Marketplace Giant Ticketmaster Chooses Flow Blockchain for NFT Push

This week, Ticketmaster Entertainment, Inc. revealed the institution volition springiness lawsuit organizers the quality to mint non-fungible token (NFT) tickets via the Flow blockchain. Last November, Ticketmaster said it was moving with Polygon but since Super Bowl LVI, the summons income and organisation behemoth started moving with the Dapper Labs-managed Flow.

Ticketmaster Has Minted More Than 5 Million NFTs Using Flow’s Technology

On August 31, 2022, a sportsbusinessjournal.com report elaborate that Ticketmaster volition let lawsuit organizers to contented NFTs utilizing the Flow blockchain. Organizers volition beryllium capable to mint NFTs before, during, oregon aft an lawsuit and they tin correspond tickets oregon memorabilia, VIP entree and rewards arsenic well. The study notes that the ticketing bureau has already minted 5 cardinal NFTs via the Flow network.

Clients that person issued NFTs see The Black Crowes, the Apollo Theater, and Gavin DeGraw. Ticketmaster primitively said it would usage Polygon but successful February the world’s largest summons marketplace decided to usage Flow for the Super Bowl LVI NFT tickets.

Flow already works with the NFL via the concern it worked retired for the “NFL All Day” NFTs. Furthermore, the Dapper Labs operated Flow was besides leveraged to mint “NBA Top Shot” NFTs and “UFC Strike” NFTs. Furthermore, NFL crippled attendees tin get Flow-issued NFT tickets from implicit a 100 games from the 2022 season.

Flow Says ‘Ticketmaster Is Empowering Event Organizers’

All-time statistics from the NFT information aggregator cryptoslam.io shows that the Flow blockchain commands the 4th largest presumption successful presumption of NFT income among 19 antithetic blockchains. The Flow blockchain has recorded $1,098,215,401 successful all-time NFT sales, according to cryptoslam.io data. 30-day stats bespeak Flow is the fifth-largest conscionable beneath Immutable X which saw a 417% emergence successful the past month.

Flow besides confirmed the Ticketmaster woody connected Wednesday erstwhile it tweeted astir it to Live Nation fans. “Big quality for unrecorded lawsuit fans,” Flow said. “[Ticketmaster] lawsuit organizers present tin connection integer keepsakes, minted [on Flow].” The institution continued:

Activate entree to experiences and rewards. And that’s not each — [Ticketmaster] is empowering lawsuit organizers to heighten unrecorded experiences for fans — Share your experiences online, ne'er suffer that summons from the amusement you loved, caller ways to reward communities, [and] bask VIP experiences.

What bash you deliberation astir Ticketmaster choosing the Flow blockchain for ticket-related NFTs, memorabilia, VIP access, and rewards? Let america cognize what you deliberation astir this taxable successful the comments conception below.