Quote from: govorrue on January 19, 2020, 11:01:33 PM

Hello there. Just checked out more on GET protocol after finding out the thread, for sure everything looks more than impressing because of real results. I am not a huge fan of sports, but into music and read many articles on GET becoming main ticketing partner of Oerrock festival in the Netherlands. I have visited the festival for several times and great that guys together are working on increasing transparency and reliability, cause both things matter. And I have already bought tickets myself - everything works brilliant. Great solution with real value that works. Looking forward to even more partnerships down the roadmap. Pretty sure that this is exactly what team is focusing on right now

All GET can never be burned, for the simple reason that the amount of GET needed is set in fiat at every event cycle. As soon as the scarcity phase is reached, it will push the price up a lot, meaning less GET is burned.

It's a self regulatory system:

A lot of tickets sold => a lot of GET needed => a lot of GET burned => Scarcity => Price goes up => less GET burned => more tickets sold => more GET needed => more GET burned => scarcity => price goes up => less GET burned => ...

GET is also divisible up to 18 decimals so if they keep selling more and more tickets, somewhere in the future the monthly buyback could be let's say $10 million while GET is trading at $1000 a piece, which would mean that only 10000 GET is bought and consumed by the event organisers/ticketing companies.