Sports Illustrated’s Box Office Partners with Ava Labs for NFT Ticketing Sales
Sports Illustrated's Box Office partners with Ava Labs for NFT ticketing sales, aiming to revolutionize event management with blockchain technology.
Sports Illustrated's Box Office partners with Ava Labs for NFT ticketing sales, aiming to revolutionize event management with blockchain technology.
Nattynatman
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In a groundbreaking move aimed at revolutionizing the ticketing industry, Sports Illustrated’s official ticketing platform, Box Office, has forged a strategic partnership with Ava Labs, leveraging Avalanche’s cutting-edge blockchain technology for NFT ticketing sales.
Launched in 2023, Box Office serves as a self-service event management platform, allowing users to seamlessly create, list, and sell tickets for a diverse range of events spanning sports, concerts, conferences, and more. With a commitment to affordability and efficiency, Box Office offers 50% lower costs compared to some of the industry's lowest ticketing platform fees.
The collaboration with Ava Labs signifies Box Office's ambition to transcend traditional ticketing methods, introducing "Supertickets" secured by blockchain technology, going “beyond the barcode”.
By integrating Avalanche's fast and cost-effective transaction fees, Box Office aims to minimize costs for all stakeholders while enhancing guest experiences throughout the ticket lifecycle – from pre-event engagement to post-event interactions, as well as the potential to resell on markets.
David Lane, CEO of SI Tickets, conveyed his enthusiasm for the collaboration, highlighting the numerous benefits of blockchain ticketing. He emphasized, "Our primary blockchain ticket platform, Box Office, ensures a seamless consumer experience with no wallets, staking, or strange user purchase experience.”
The incorporation of blockchain technology into NFT ticketing not only presents an exciting use-case for the web3 and ticketing industries but also signifies a significant step towards enhancing user engagement, fostering loyalty, and ensuring secure and seamless event experiences.
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