You’ve been there. You log on the second tickets go on sale. You wait in the queue. You refresh. You do everything right. And then they’re gone. Minutes later, the same seats are back online for five times the price. That’s the moment people feel it. Not just frustration, but something deeper. Like the system […]
How could you enforce a maximum price? People will just negotiate and pay outside of the system.
NFTs include a ledger that would track what was paid for them. While it would be possible for individuals to collect separate payments, that would be difficult to scale, and the issue with scalping is much more with companies like stubhub than one off sellers.
Currently yes, but before everything was online there was a ticket market for cash through stores and individuals, or a guy at the venue lineup. So same thing was possible…but a ticket for $50, sell it for $200 in the lineup. NFT will not solve a cash payment