GET Protocol — A token used for NFT ticketing
This article is about the use and advantages of GET Protocol’s products for ticketers, venues and artists. I will shortly be publishing a separate article about the GET Protocol Token itself. To fully understand the utility and value of the token you should nevertheless understand the services and utilities linked to the token.
Every day, thousands of NFT tickets are processed through GET Protocol for events around the world. Anyone can view these tickets in real-time through the NFT Ticket Explorer.
Ticket buyers and event organisers who make use of the protocol’s products don’t need to know about GET, cryptocurrencies or blockchain; they simply experience a top-notch ticketing experience.
As you will read below, GET Protocol’s White-Label and Digital-Twin products offer truly earth-shattering advantages to the ticketing business. It has the potential to grow exponentially as ticketers become aware of the features.
The huge potential of GET Protocol’s products translates into huge potential for the value of the GET Protocol Token. A separate article will be published in the coming week telling you everything you need to know about the token, and why it is likely to move from a top-700 to a top-200, or even a top-50 cryptocurrency. This would imply the market cap moving from the current $30 million to the hundreds of millions, or even into the billions.
GET Protocol for ticketers in a nutshell
Easily implement the latest technology and unlock the benefits of truly digital NFT blockchain ticketing.
We help anyone who issues tickets worldwide to take advantage of the latest technological innovations.
We’ve got a product that will take your ticketing to the next level.
Whether you are completely new to the game or already sell millions of tickets a year.
Tickets become tradable digital collectibles (NFTs), with a variety of awesome possibilities for fans & event organisers.
White-Label Solution — ideal for new ticketing companies
The GET Protocol white-label is a comprehensive and complete suite of tools that provides any prospective new ticketing company the perfect start for issuing smart tickets in their local market under their own branding.
For full information on the White-Label solution, visit GET-Protocol’s website here: https://www.get-protocol.io/content/a-breakdown-of-get-protocol's-white-label
Why would a ticketeer want to use GET Protocol’s White-Label solution?
Clear, verifiable data on ticket ownership, vastly improving marketing efforts.
Total control and insights over the primary & secondary market.
Take in the profit that would otherwise have gone to scalpers.
Tried and tested system with daily users across the globe.
Bring user friendly scale-free ticketing to local market under your own branding.
A non-invasive blockchain layer on top of your existing ticketing activity.
Enables you to tap into the benefits of NFTs with zero integration risk.
Expand to new revenue streams.
Innovative user experience.
All the benefits of blockchain tickets with no impact on your system.
Since 2016 over 1.7 million tickets have been sold using GET Protocol’s technology in 121 countries.
Ticketing companies of all sizes use the protocol.
Examples using GET Protocol’s “White-Label” Solution
The ticket vendor has full control over the secondary market.
He can control the resale price to prevent “scalping”.
He can charge a fee on resales.
He can protect against ticket fraud. The scannable QR code regularly changes making it impossible to make a usable copy. The ticket holder knows his ticket is genuine.
Tickets cannot be re-sold on the “black-market”. They must pass back via the ticket vendor’s ticket pool, and be re-sold at a price he determines.
Imagine you need to change the time, date, or venue of an event. In the old, analogue world of PDF tickets this type of thing is the nightmare of support teams, venue staff and artists. Due to unverifiable customers and a totally opaque secondary market, there is no way to ensure you reach all the ticket holders with the correct information, let alone ensure they have a ticket with the new show date. This leads to scrambling communication efforts, social media outrage and all-round disappointment.
Using GET Protocol’s White-Label solution all tickets issued are 100% digital and are connected to a verified smartphone of the attendee. Updating important aspects of the ticket, such as its location or date take no more effort than the click of a button.
With that, the tickets can change their date & venue, and with another click, an e-mail can be sent out to 100% of the ticket holders, informing them of the update.
Full control for the organiser, zero uncertainty for the fan.
What about ticket vendors who are reluctant to change their existing ticketing process?
Ticketers can keep their existing ticketing process, and do business as usual, whilst issuing an NFT copy of every ticket using GET Protocol’s “Digital Twin” product. This brings all the benefits of NFTs without any risk.
The Digital Twin Product explained
Some ticketers may be reluctant to change their existing ticketing process. Things can carry on as before. With almost no effort, ticketers can use GET Protocol’s Digital-Twin product to create an NFT copy of every ticket they issue.
NFTs bring enormous possibilities to the ticketing industry. The Digital Twin product has been designed specifically for existing ticketing companies looking to take advantage of these benefits without extensive integration efforts or risk whatsoever to their ongoing ticketing efforts.
Any ticketing company can easily supplement their ticketing with Digital Twins of their own through an easy integration process and zero impact on their current operations.
What happens from a technical perspective is that an NFT copy is created of every ticket issued. This allows business as usual for the integrating ticketing company, while opening the door for a variety of added features such as value capture in the secondary market and tickets becoming digital collectibles for fans.
Event organisers and artists will no longer need to partner with loan sharks or large corporations when seeking finance for an event.
Using GET Protocol’s NFT technology, the ticket inventory can be pre-sold to investors who can assess the risk and reward. Once the ticket sale for the event goes live, the revenue flows back to these investors, with profit.
Artists, Venues, Ticket vendors and potential investors can join the waiting list via GET Protocol’s website.
Now, you understand the value of GET Protocol’s White-Label ticketing system, an all-in-one ticketing solution.
Alternatively, you may just want to try GET Protocol’s Digital Twin to issue NFT copies of your tickets without risk to your existing ticketing procedures
The GET Protocol Token
The original investors in GET Protocol tokens paid money for the token so that the team could develop these solutions for the benefit of the whole ticketing industry. The future value of the token is linked to the success of the system and the number of tickets sold. The number of tickets being sold via GET’s solutions is growing very fast. Several developments are in progress which will benefit all parties. I will shortly publish an article which will demonstrate how and why the GET Protocol token may become the next 100x performer. For more information visit the GET Protocol website. (Google is your friend).
I am a holder of GET Protocol tokens because I believe they have enormous potential.
I have not bought or sold any GET Protocol Tokens in the last 12 months.
I have no immediate plans to buy or sell any GET protocol tokens, at least not in the coming weeks.
I reserve the right to change my plans, at any time, without notice, for any reason.