NFT GET protocol ticketing project, which has issued nearly a million tickets for on-chain events since 2016, just released what is a milestone for traditional NFT adoption on the addition of Yourticketprovider.
As one of the largest players in the Dutch ticketing industry, the integration marks an important milestone for the protocol, placing Yourticketprovider at the forefront to enjoy the benefits of current and future NFT ticketing innovations.
digital twin explained
re is great interest in the possibilities that NFTs offer to the banknote industry. Digital Twin product was specifically designed for existing ticketing companies who want to take advantage of these benefits without major integration efforts or risks of any kind for their ongoing ticketing efforts.
What happens from a technical point of view is that an NFT copy of each ticket issued is created; thus enabling business as usual for the integrated ticketing company, while also opening the door to a number of additional features, such as acquiring value in the secondary market and tickets that become digital collectibles for fans. .
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Each ticket issued requires the GET Protocol Utility Token (GET) to process ticket sales and interactions, all of which are handled behind the scenes by the protocol. Ticket transactions are logged in Polygon and can be viewed in the GET protocol NFT Ticket Explorer.
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Go beyond the QR code
Founded in 2012, Yourticketprovider currently averages more than 2 million tickets per year, serving a variety of industries, with a focus on theaters and cinemas. Ytp has a long history of looking beyond the QR code and focusing more on the complete ticket buyer experience.
Bart Peute, CEO of Yourticketprovider: «Thanks to this unique integration with the GET protocol, we will help organizers to enter, explore and monetize the many opportunities of this new online space using NFT, for example, a more secure secondary market, pre-financing events and sales of digital products. Visitor, a ticket is much more than a barcode and now we support the entire visitor journey and experience online and offline ”.
Designed to resize
With the introduction of the Digital Twin product for existing ticketing companies, a new chapter is marked on the ongoing path of the GET protocol towards global adoption. This move will help fine-tune the product and discover its full potential as it prepares for future larger-scale integrations.
Maarten Bloemers, CEO of GET Protocol: “We are excited about this move as we are trying to develop the NFT ticketing use case as broadly and completely as possible. At Yourticketprovider we have a great initial partner for the Digital Twin product, which shows that we are open to innovation. This is a mindset that we hope to find more and more as we show the world what a ticket is capable of. “
Whats Next?
Following the launch of Digital Twin, the GET protocol team of blockchain developers and UX experts will release new features and updates that will allow core audiences around the world to enjoy the benefits of the latest technology.
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Any ticketing company can easily integrate their ticketing with their Digital Twins through a simple integration process with no impact on their current operations.
Information about the GET protocol
GET protocol has been issuing and optimizing tickets registered on the blockchain since 2016. In doing so, several advantages have been discovered, such as the elimination of scalping, the monetization of the secondary market and the possibility of using the tickets as digital collectibles. For more information, visit get-protocol.io.
Disclaimer
All information on our website is published in good faith and for general information purposes only. Any action taken by the reader on the information found on our website is strictly at your own risk.
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