You should look into GET protocol. They are tackling the problem of ticket fraud (which is a big problem lately) by registering everything on the blockchain and eliminating fraud. Additionally it gives event organizers a lot more options. What they achieved in the bear market:
- they will sell close to 1 million tickets this year (which other crypto project has that kind of adoption?)
- a new ticketing company has joined them: ITIX, which sells 2 million tickets yearly
- they were asked to move to kakao's new blockchain so it's possible Kakao's Melon tickets will start using GET.
- they have some of the biggest Dutch artists working with them and they will slowly but surely expand more internationally
- they are financially secure and contrary to many projects they will not go bankrupt anytime soon
- they refuse to spend money on marketing or big exchange listing. They focus on product development and that's where they invest money in. This is what all products should be about.
And above all: their tokenomics are great. For every ticket sold GET is needed to fuel the blockchain, which is bought from the market. The millions tickets sold in the coming years is expected to drive the price up a lot because they will have to buy big amounts from the market. They do this from tickets sales (around 0.50€ from each ticket sold goes into buying GET from the market)
All in all I consider this as one of the most promising crypto projects out there:
- adoption
- tackles a real world problem
- adoption brings value to the token
GET on Dutch tv:
youtube.com
A hidden gem imo but dyor of course :)
