Unless the ticket is also tied to a name at sale time, and you have to show ID at the door (which is common for regular tickets where I live). Then the only way to change the name associated with the ticket is to sell it through the blockchain rather than selling the wallet
People reselling the tickets for a higher price and/or performers not receiving a royalty for resold tickets, is the only thing that making them NFTs would aim to change.
US I assume? Some countries solve this fairly well by slight government regulations… Inefficient append-only DB like block chain is not a solution for political issues…
Canadian. And I don’t think it’s actually a good use-case for NFTs, there are much more efficient ways to handle it, it’s just a more reasonable idea than the NFT ape drawings crypto bros love
Unless the ticket is also tied to a name at sale time, and you have to show ID at the door (which is common for regular tickets where I live). Then the only way to change the name associated with the ticket is to sell it through the blockchain rather than selling the wallet
If you have to show an ID to use the ticket, what problem is being solved by using the block chain?
People reselling the tickets for a higher price and/or performers not receiving a royalty for resold tickets, is the only thing that making them NFTs would aim to change.
US I assume? Some countries solve this fairly well by slight government regulations… Inefficient append-only DB like block chain is not a solution for political issues…
Canadian. And I don’t think it’s actually a good use-case for NFTs, there are much more efficient ways to handle it, it’s just a more reasonable idea than the NFT ape drawings crypto bros love
Huh, that sounds an awful lot like the current process except now you’ve got to add The Blockchain™ onto it.
People can still resell tickets for more than retail price, just like I can buy a car from my neighbor for $5,000 but only tell the BMV I paid $1.