Ticketing is HARD. How will you beat Ticketmaster?
There is no need to beat Ticketmaster initially. Blocktix is designed to be appealing to midsized events that would normally use ticketing services other than Ticketmaster. There are 1000s of these events held each week that are 100-5000 attendees. Once the userbase begins to grow in a region, the incentives to host ever larger events on Blocktix is gained through the marketing platform and user base with money (ETH/BTX) in their application wallets.
Please read the website
https://blocktix.io as much of this information is covered.
Agreed, Blocktix will initially target small to medium sized events and event hosts. Ticketmaster controls about 80% of primary ticketing at major US venues, with 50% of the ticket's face value going towards fees.
The types of fees include:
- Service Charges
- Building Facility Charges
- Processing Charges
- Shipping Charges or E-Ticket Convenience Charges
Blocktix will save small to medium event hosts much of the ticketing fees, as well as marketing and advertising fees.
This will ultimately save the event host up to 90% on fees, which is something that would attract smaller event hosts once we have a user base.