We’re proud to have the ability to announce the third consumer of the GET Protocol.
Welcome again! Let’s dive proper in. What to anticipate from this weblog:
Large information from Korea!
We proudly current: getTicket.
What’s been occurring?
Blockchain developer Kasper Keunen presents quite a lot of technical documentation concerning the workings of the protocol.
Product Proprietor Frans Twisk.
Introducing the third ticketing firm to combine GET Protocol.
Sincere ticketing in Korea
We’re very completely satisfied to introduce getTicket to the world. ‘getTicket’ is a newly shaped three way partnership, primarily based in Seoul. It contains of a wholly Korean crew, from executives to (enterprise) builders. After an in depth and fruitful interval of strikes behind the scenes, it’s now virtually time for the getTicket to open its doorways and begin promoting tickets!
Mission & focus
The core focus is to carry sincere ticketing to the Korean market, utilizing GET Protocol’s ticketing infrastructure.
With direct steerage from the GET Protocol crew, getTicket has been in a position to quickly arrange the required parts to start out issuing the good tickets which were used to finish scalping and fraud for tons of of occasions in The Netherlands.
Over the higher a part of a yr — which included a number of visits, day by day updates and one closely used Slack channel — the getTicket crew has positioned itself to enter the Korean ticketing market.
What to anticipate?
Not solely the technical crew of getTicket has been making strides; there was important progress made on the enterprise improvement entrance. We anticipate to listen to about their first occasions earlier than too lengthy.
Actually… The primary Okay-Pop stadium reveals can be offered this yr already!
First one down, infinitely extra to go
The founding of getTicket marks the primary accomplished iteration of the GET Protocol whitelabeling course of, the place a big a part of the required infrastructure of the ticketing back- & frontend are offered by the protocol, so as to help in a fast and clean street to market.
Now that the white labeling course of is totally accomplished and stream-lined, it will possibly simply be recreated in any market worldwide.
It is a main development within the roll-out of the protocol, as it will possibly now rapidly change into accessible for all events who need to begin — or enhance — an area ticketing firm, to difficulty good tickets to new or present shoppers.
Maarten Bloemers, founding father of GET Protocol:
‘Over the three,5 years since we’ve got offered our first ticket, the crew has put forth a world-class achievement. The truth that we at the moment are getting recognition on a worldwide scale makes me extremely proud. Nonetheless, our mission of changing into the worldwide commonplace for digital ticketing is nowhere close to to finish. We gained’t relaxation till we get there.’
Korean market match
The Korean market is an ideal match for the implementation of an sincere ticketing system, seeing as there are fixed points with ticket scalpers and frauds, whereas there may be little to no regulation in place that protects the followers.
‘At the moment, unauthorized ticket buying and selling constitutes a misdemeanor underneath the Minor Offenses Act, however provided that it takes place on the scene — that’s, offline. On-line ticket brokers can’t be prosecuted underneath the legislation as it’s presently written.’
Live performance organizers and on-line ticketing firms have been working to control scalpers. Nonetheless, with restricted choices, business insiders have voiced the necessity for a correct answer. — Supply.
This lack of regulation and safety comes at a time when the Korean music & occasion business is rising at an astronomical price. The large rise of in style artists is creating extra demand for brand new occasions and tickets.
Which means that the arrival of getTicket shouldn’t be a minute too quickly! Whereas the preparations for the primary Okay-Pop occasions are underway, the plans to deal with the subsequent market are already being developed.
The GET token & Exchanges
An essential a part of the workings of the protocol is the GET token. It is a utility token, which serves a precious function as a kind of gasoline for the good tickets which are issued by the protocol.
As our foothold and our neighborhood in Korea grows, we will even facilitate accessibility to the token and venture information for Korean merchants!
For each good ticket that’s issued utilizing the protocol, GET is required to allow its options and utilization. On the finish of an occasion cycle, an quantity of GET is ‘burned’ and brought out of circulation ceaselessly.
There may be much more to be mentioned concerning the tokenomics of GET; for this you’ll be able to have a look on the token web page of the GET Protocol web site.
At the moment the GET token is traded on the next exchanges:
- New exchanges can be added to facilitate token accessibility and tradability for brand new merchants and the brand new markets!
If you’re not but skilled with buying and selling at these exchanges, or with shopping for crypto on the whole, the next weblog walks you thru it step-by-step.