I can see ticket sales being issued via nft. They could set a maximum the ticket can be resold for, thus hindering scalpers and the original seller can also get a stake in the resale of the ticket. Beyond that I have never seen another decent use.
But again, why do that if you can also bind tickets to names and use that to make yourself the only possible place where people can sell their tickets on, with a substantial fee (like Ticketmaster does)?
They have no incentive to let people freely sell tickets when thy can also force themselves in as mandatory man in the middle.
You remove the burden of verifying the names and storing the personal data and you don’t need to handle the resale inhouse. Other than that yeah it’s pretty much the same thing
Yeah and rent-seeking is the only real big business left in town besides personalized advertising.
No way a rent-seeking opportunity this great isn’t going to be gobbled up by the existing players and instead given up for free so that they can use new, poorly performing, expensive technology instead.
I could see that being a use case if it weren’t for how much the underlying technology sucks ass. Blockchains spend too much time doing their silly little trust-less security nonsense dance to be able to perform at the scale needed by systems that will sell…say…Taylor Swift concert tickets.
I can see ticket sales being issued via nft. They could set a maximum the ticket can be resold for, thus hindering scalpers and the original seller can also get a stake in the resale of the ticket. Beyond that I have never seen another decent use.
But again, why do that if you can also bind tickets to names and use that to make yourself the only possible place where people can sell their tickets on, with a substantial fee (like Ticketmaster does)?
They have no incentive to let people freely sell tickets when thy can also force themselves in as mandatory man in the middle.
You remove the burden of verifying the names and storing the personal data and you don’t need to handle the resale inhouse. Other than that yeah it’s pretty much the same thing
To a reasonable company, this might be a burden. To a big corporation it’s half the reason they are doing this.
Yeah that is true
Yeah and rent-seeking is the only real big business left in town besides personalized advertising.
No way a rent-seeking opportunity this great isn’t going to be gobbled up by the existing players and instead given up for free so that they can use new, poorly performing, expensive technology instead.
I could see that being a use case if it weren’t for how much the underlying technology sucks ass. Blockchains spend too much time doing their silly little trust-less security nonsense dance to be able to perform at the scale needed by systems that will sell…say…Taylor Swift concert tickets.