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Sports Illustrated launches polygon-based NFT ticketing platform

Published on

May 2, 2023
Read Time:1 Minute, 40 Second

On Might 2, Sports activities Illustrated's ticketing subsidiary opened SI Tickets started the "Field Workplace" platform, a self-service occasion administration and first ticketing answer powered by the Polygon blockchain. Developed in partnership with Web3 software program developer ConsenSys, Field Workplace allows "homeowners, organizers and hosts to create, handle and promote a totally scalable paid or free dwell sporting occasion".

As a part of the brand new platform, SI Tickets and ConsenSys are partnering to develop a “Tremendous Ticket” that can allow hosts to remain related with their attendees by highlights, collectibles, unique presents and loyalty advantages through NFT expertise. "Blockchain is the way forward for ticketing," stated David Lane, CEO of SI Tickets.

"From the second we launched our world occasions market, now providing 50 million tickets to over 250,000 sports activities, concert events and exhibits, we have now been getting ready to enter and revolutionize the first ticketing market."

Via Tremendous Ticket, attendees can scan their NFTs for expedited entry passes, drink vouchers and music downloads earlier than the occasion, after which obtain post-event video content material and rewards. "Company will preserve their tickets to your occasion of their digital pockets ceaselessly," the brand new web site tells occasion organizers.

Introducing Field Workplace, Sports activities Illustrated Tickets ️'s model new occasion administration platform

Create and promote tickets on your personal free or paid occasion on our web site. Work with us for simple occasion setup and decrease charges than our rivals. #siTickets #sportillustrated pic.twitter.com/84ASQkZUYg

— SI Tickets (@si_tickets_) May 2, 2023

Launched in June 2021, SI Tickets has grown to over $2.5 billion in market stock. The platform claims no transaction charges for each buy and ensures a 100% refund if an occasion is canceled for any motive. Field Workplace stated it could cost $1.40 and three% fee per ticket plus 3% service provider pass-through charges for occasion organizers.

Journal: Gen Z and the NFT: Redefining Property Rights for Digital Natives



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Azeez Mustafa
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager – as well as an author.
Last Updated : May 2, 2023
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