Seatlab, an event ticketing system powered by NFT that allows artists and event organizers control over the secondary market. Simply put, this innovative platform tackles the difficulties of the global ticket industry. Through the use of blockchain technology and smart contracts, Seatlab enables anybody selling tickets to mint them as NFTs. As a result, there is unmatched control over future ticket resales and transfers.
Unlike many of its competitors, Seatlab is built on the NEAR Protocol, a carbon-neutral blockchain. Additionally, as compared to Ethereum-based apps, it offers faster transactions per second. Additionally, fuel prices are minimized, and Seatlab pays all gas bills to save the lowest.
Users may add their terms and royalty splits on tickets. This distinguishes the service from other ticketing firms in that royalty splits are made directly and transparently to artists. Additionally, Seatlab enables the monetization of secondary sales.
“With years of experience in the events industry, including running a successful ticketing platform called Seated, we are acutely aware of the challenges the sector is facing,” Seatlab CEO Ryan Kenny explains.
“Now is the time to continue advancing the ticketing industry by using our development and ticketing software experience to use blockchain technology and answer some of the industry’s most urgent concerns.”
Additionally, Seatlab rewards fans with unique gifts and benefits. This includes, but is not limited to, one-of-a-kind collectibles, merchandise, and audio recordings of the live event.
