Curated by Debojyoti Bakshi

Jul 11, 2023

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  • #Opensea #Marketplace #Daily

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May 5, 2023 in Metaverse Media Labs

Sports Illustrated Launches NFT Ticketing Platform

Sports Illustrated announced the launch of a new NFT ticketing platform built on Polygon this week called Box Office, Powered by SI Tickets. Box Office calls itself “an all-new, self-service event management and blockchain ticketing platform.” They call out a few specific advantages of using the new service, namely: The benefits of NFT tickets over non-blockchain-backed tickets The ability to create an event in just 10 minutes and see it displayed alongside big events in sports, concerts, and theater The ability to generate revenue on the resale of tickets Lower fees than other ticketing platforms Box Office was created in partnership with ConsenSys, the Ethereum software firm behind MetaMask, with the goal of “disrupting the primary ticket market,” according to SI Tickets’ CEO David Lane. NFT ticketing is a growing use case, with the potential to reduce fraudulent activity around ticketing, increase payment security, and improve verification of ticket ownership.

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