The world’s largest on-line ticketing platform is teaming up with blockchain agency Dapper Labs to allow occasion organizers to mint tickets as non-fungible tokens (NFTs) on the Flow (FLOW) blockchain.
Dapper Labs, the Vancouver-based firm which created Flow following the success of its digital pet recreation CryptoKitties, says its collaboration with Ticketmaster will provide attendees blockchain-based mementos and proof that they attended the stay occasions.
“Big information for stay occasion followers! Ticketmaster occasion organizers now can provide digital keepsakes, minted on Flow! More than 5 million NFTs by Ticketmaster have been minted on Flow.
That means hundreds of thousands of stay occasion followers can immortalize and share their [real life] experiences by digital collectibles. The way forward for fandom is on Flow.”
Ticketmaster has up to now minted hundreds of thousands of NFTs for outstanding shoppers resembling humorist Sebastian Maniscalco and musical artists The Black Crowes and Gavin DeGraw, in response to the Sports Business Journal.
The article additionally notes that NFTs might be issued to attendees earlier than, throughout, or after a stay occasion takes place. Flow can also be the house of a number of sports-based NFT marketplaces, resembling NBA Top Shot, which tokenizes the basketball league’s finest moments as digital collectibles that followers can gather.
Flow can also be house to NFL All Day and UFC Strike, the NFT marketplaces for the NFL and UFC, respectively.
News of the collaboration had little impression on Flow’s price tag. The crypto asset is altering fingers for $2.05 at time of writing, a 3.8% dip over the last 24 hours.
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