Introducing Smart Tickets: A New Industry Standard for Ticketing
Bringing Fairness and Security Back to Ticket Sales Tired of bots, scalpers, and ticket fraud? Tixbase's Smart Tickets offer a new era of ticketing where every ticket is identity-verified and resale conditions are set by event organizers.
Table of contents
A Brief Overview
The event ticketing industry is plagued with issues that frustrate both fans and organizers. From bots snapping up tickets within seconds to scalpers reselling them at exorbitant prices, the lack of regulation only makes things worse. These issues price real fans out of their favorite events, while leading to billions in revenue leakage for event stakeholders and governments.
Tixbase offers a transformative solution with Smart Tickets — a new technology that ensures all tickets are genuine, linked to government verified IDs, and embedded with adjustable resale conditions. Smart Tickets not only provides safer experiences for fans and venues alike, but also captures lost revenue for event stakeholders and governments, creating a better ticketing ecosystem.
The Challenges We’re Solving
<div class="rows"><div class="row"><div class="row_info"><h3>Bots: The Ticketing Industry’s Invisible Enemy</h3><p>Bots buy up tickets almost instantly, making it nearly impossible for real fans to purchase them. These automated systems create artificial demand, driving up ticket prices and leaving fans empty-handed.</p></div><div class="row_img"><img src='https://cdn.prod.website-files.com/66cda5fcd0392dcf26f2e8ec/674433e38410c3c595e8eeef_Illustration%202.svg'/></div></div><div class="row"><div class="row_img"><img src='https://cdn.prod.website-files.com/66cda5fcd0392dcf26f2e8ec/674436b63646873b9505cbdd_Illustration%203.svg'/></div><div class="row_info"><h3>The Scalping Problem: Exploiting Fans and Organizers</h3><p>Scalpers, often assisted by bots, acquire tickets in bulk and resell them at inflated prices. Without regulation, this practice often leads to tickets being priced far beyond their original value, leaving many fans unable to afford access to events.</p></div></div><div class="row"><div class="row_info"><h3>Ticket Fraud: Counterfeits and Duplicates</h3><p>Fraudulent tickets are a widespread issue, costing fans and organizers time, money, and trust. From counterfeit tickets to duplicates, this problem leads to financial losses and ruined experiences for fans.</p></div><div class="row_img"><img src='https://cdn.prod.website-files.com/66cda5fcd0392dcf26f2e8ec/674436cd65acdfd16bdf0dae_Illustration%204.svg'/></div></div><div class="row"><div class="row_img"><img src='https://cdn.prod.website-files.com/66cda5fcd0392dcf26f2e8ec/674436e3572e595b41064e0c_Illustration%205.svg'/></div><div class="row_info"><h3>Unregulated Resale Markets: Lack of Control and Transparency</h3><p>The secondary market is a free-for-all, where tickets can be resold at any price. This lack of control means organizers and governments lose revenue, and fans face steep markups with no guarantee of authenticity.</p></div></div></div>
The First Tickets with Built-In Verification & Resale Condtions
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</svg></div><div class="row_info"><h4>Bonded to Government Verified Identities</h4><p>Tixbase’s Smart Tickets go beyond standard tickets by tying each one to a verified identity. This means that only real fans —those who have been authenticated — can buy, sell, or use these tickets. This technology seamlessly integrates with venues, ensuring that attendees are who they say they are.</p></div></div><div class="row with-icon"><div class="row_img"><svg width="48" height="48" viewBox="0 0 48 48" fill="none" xmlns="http://www.w3.org/2000/svg">
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</svg></div><div class="row_info"><h4>Customizable Sale Conditions for Complete Control</h4><p>Each Smart Ticket comes with customizable settings, allowing event organizers to enforce resale terms such as price caps and royalties. This not only keeps tickets affordable but also ensures that stakeholders, such as promoters and artists, can benefit from every resale transaction, reclaiming revenue that would otherwise be lost.</p></div></div><div class="row with-icon"><div class="row_img"><svg width="48" height="48" viewBox="0 0 48 48" fill="none" xmlns="http://www.w3.org/2000/svg">
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</svg></div><div class="row_info"><h4>Secure Digital Records for Genuine, Transparent Tickets</h4><p>Smart Tickets are stored in a secure digital system that ensures each one is unique and traceable–for fans and event staff alike. This transparency eliminates counterfeit tickets and gives fans peace of mind. Fans can even view ticket resale history, adding another layer of trust to the ticket-buying process.</p></div></div></div>
Key Benefits for the Industry
<div class="rows"><div class="row"><div class="row_img"><img src='https://cdn.prod.website-files.com/66cda5fcd0392dcf26f2e8ec/67444f08714d753f4d99a162_Illustration%206.svg'/></div><div class="row_info"><h3>For Fans:</h3><ul><li><strong>Security from Bots and Scalpers: </strong>Fans no longer have to worry about missing out due to bots or being exploited by scalpers. With Smart Tickets, they can buy tickets fairly and confidently.</li><li><strong>Complete Transparency:</strong>Each ticket is traceable, allowing fans to verify authenticity and view resale history. They know exactly what they’re buying, eliminating uncertainty.</li><li><strong>Fair Pricing:</strong>By enforcing price caps, Tixbase ensures that resale prices remain fair, so fans aren’t subjected to unfair markups.</li></ul></div></div><div class="row"><div class="row_info"><h3>For Event Organizers & Ticketing Businesses:</h3><ul><li><strong>Control Over Ticket Resales:</strong> Organizers set the rules, including resale conditions and price limits, and benefit from additional revenue streams through resale royalties.</li><li><strong>Elimination of Fraud: </strong>With identity-linked tickets, the risk of counterfeit and duplicate tickets is effectively eliminated, simplifying the entry process and protecting attendees.</li><li><strong>Increased Revenue: </strong>Regulated resale markets generate revenue that goes back to organizers, allowing them to reinvest in future events and fan experiences.</li></ul></div><div class="row_img"><img src='https://cdn.prod.website-files.com/66cda5fcd0392dcf26f2e8ec/67444f08b611bf3a451c73fd_Illustration%207.svg'/></div></div><div class="row"><div class="row_img"><img src='https://cdn.prod.website-files.com/66cda5fcd0392dcf26f2e8ec/67444f08f55c267d92a6bd0e_Illustration%208.svg'/></div><div class="row_info"><h3>For Governments:</h3><ul><li><strong>Reliable Tax Revenue: </strong>With every transaction recorded and verified, governments can collect taxes on both primary and secondary sales, maximizing revenue from ticketing.</li><li><strong>Market Regulation and Consumer Protection: </strong>Governments can more effectively regulate the market, preventing price gouging and ensuring a fair experience for consumers.</li><li><strong>Compliance and Oversight: </strong>The system provides full traceability, helping governments enforce regulations and maintain transparency in the ticketing market.</li></ul></div></div>
Conclusion
Tixbase’s Smart Ticket Technology is redefining ticketing by addressing the issues of bots, scalping, fraud, and unregulated resale markets. Through secure identity verification, customizable resale conditions, and transparent digital records.
Tixbase offers a solution that collectively benefits fans, event organizers, and governments. This technology ensures fair access for fans, provides control and revenue opportunities for organizers, and delivers regulatory and tax benefits for governments.
In short, Tixbase is paving the way for a new industry standard.
A Brief Overview
The event ticketing industry is plagued with issues that frustrate both fans and organizers. From bots snapping up tickets within seconds to scalpers reselling them at exorbitant prices, the lack of regulation only makes things worse. These issues price real fans out of their favorite events, while leading to billions in revenue leakage for event stakeholders and governments.
Tixbase offers a transformative solution with Smart Tickets — a new technology that ensures all tickets are genuine, linked to government verified IDs, and embedded with adjustable resale conditions. Smart Tickets not only provides safer experiences for fans and venues alike, but also captures lost revenue for event stakeholders and governments, creating a better ticketing ecosystem.
The Challenges We’re Solving
Bots: The Ticketing Industry’s Invisible Enemy
Bots buy up tickets almost instantly, making it nearly impossible for real fans to purchase them. These automated systems create artificial demand, driving up ticket prices and leaving fans empty-handed.
The Scalping Problem: Exploiting Fans and Organizers
Scalpers, often assisted by bots, acquire tickets in bulk and resell them at inflated prices. Without regulation, this practice often leads to tickets being priced far beyond their original value, leaving many fans unable to afford access to events.
Ticket Fraud: Counterfeits and Duplicates
Fraudulent tickets are a widespread issue, costing fans and organizers time, money, and trust. From counterfeit tickets to duplicates, this problem leads to financial losses and ruined experiences for fans.
Unregulated Resale Markets: Lack of Control and Transparency
The secondary market is a free-for-all, where tickets can be resold at any price. This lack of control means organizers and governments lose revenue, and fans face steep markups with no guarantee of authenticity.
The First Tickets with Built-In Verification & Resale Condtions
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</svg></div><div class="row_info"><h4>Bonded to Government Verified Identities</h4><p>Tixbase’s Smart Tickets go beyond standard tickets by tying each one to a verified identity. This means that only real fans —those who have been authenticated — can buy, sell, or use these tickets. This technology seamlessly integrates with venues, ensuring that attendees are who they say they are.</p></div></div><div class="row with-icon"><div class="row_img"><svg width="48" height="48" viewBox="0 0 48 48" fill="none" xmlns="http://www.w3.org/2000/svg">
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</svg></div><div class="row_info"><h4>Customizable Sale Conditions for Complete Control</h4><p>Each Smart Ticket comes with customizable settings, allowing event organizers to enforce resale terms such as price caps and royalties. This not only keeps tickets affordable but also ensures that stakeholders, such as promoters and artists, can benefit from every resale transaction, reclaiming revenue that would otherwise be lost.</p></div></div><div class="row with-icon"><div class="row_img"><svg width="48" height="48" viewBox="0 0 48 48" fill="none" xmlns="http://www.w3.org/2000/svg">
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</svg></div><div class="row_info"><h4>Secure Digital Records for Genuine, Transparent Tickets</h4><p>Smart Tickets are stored in a secure digital system that ensures each one is unique and traceable–for fans and event staff alike. This transparency eliminates counterfeit tickets and gives fans peace of mind. Fans can even view ticket resale history, adding another layer of trust to the ticket-buying process.</p></div></div></div>
Key Benefits for the Industry
For Fans:
- Security from Bots and Scalpers: Fans no longer have to worry about missing out due to bots or being exploited by scalpers. With Smart Tickets, they can buy tickets fairly and confidently.
- Complete Transparency: Each ticket is traceable, allowing fans to verify authenticity and view resale history. They know exactly what they’re buying, eliminating uncertainty.
- Fair Pricing: By enforcing price caps, Tixbase ensures that resale prices remain fair, so fans aren’t subjected to unfair markups.
For Event Organizers & Ticketing Businesses:
- Control Over Ticket Resales: Organizers set the rules, including resale conditions and price limits, and benefit from additional revenue streams through resale royalties.
- Elimination of Fraud: With identity-linked tickets, the risk of counterfeit and duplicate tickets is effectively eliminated, simplifying the entry process and protecting attendees.
- Increased Revenue: Regulated resale markets generate revenue that goes back to organizers, allowing them to reinvest in future events and fan experiences.
For Governments:
- Reliable Tax Revenue: With every transaction recorded and verified, governments can collect taxes on both primary and secondary sales, maximizing revenue from ticketing.
- Market Regulation and Consumer Protection: Governments can more effectively regulate the market, preventing price gouging and ensuring a fair experience for consumers.
- Compliance and Oversight: The system provides full traceability, helping governments enforce regulations and maintain transparency in the ticketing market.
Conclusion
Tixbase’s Smart Ticket Technology is redefining ticketing by addressing the issues of bots, scalping, fraud, and unregulated resale markets. Through secure identity verification, customizable resale conditions, and transparent digital records.
Tixbase offers a solution that collectively benefits fans, event organizers, and governments. This technology ensures fair access for fans, provides control and revenue opportunities for organizers, and delivers regulatory and tax benefits for governments.
In short, Tixbase is paving the way for a new industry standard.
