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Tick3t Tree

USA, Massachusetts
Market: Entertainment, Blockchain
Stage of the project: Prototype or product is ready

Date of last change: 21.07.2024
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Idea

Tick3t Tree revolutionizes event ticketing with user-friendly blockchain tech, turning tickets into interactive, rewardable digital collectibles, and ensuring seamless experiences.

Current Status

60 host organizations in our pipeline, 13 waiting to use the product which would result in $4m in Tick3t Tree revenue. Currently scheduling beta events for our platform. Partnered with NextUp from LvlUp Ventures and SPIN Labs.

Problem or Opportunity

Tick3t Tree solves the problem of ticket scalping and predatory fees in the event ticketing industry by leveraging blockchain technology to ensure transparent, secure, and fair ticket transactions. It transforms tickets into interactive, rewardable digital collectibles, enhancing user engagement and value.

Solution (product or service)

Tick3t Tree uses blockchain technology to ensure transparent and secure ticket transactions, turning each ticket into an interactive digital collectible with additional features like redeemable points and rewards. This prevents fraud and scalping, provides a user-friendly experience for both crypto and non-crypto users, and keeps fees low, maximizing revenue for event organizers while enhancing attendee engagement.

Business model

Tick3t Tree has a host dashboard that allows host organizations to set their dollar retention goal per ticket sold. Tick3t Tree adds a simple 15% markup on each ticket sold, which is automatically added to the face value of the ticket when events are published, so fans see exactly what they see on the original ticket page.

Incubation/Acceleration programs accomplishment

Currently in NextUp by LVLUp Ventures and SPIN Labs
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