YellowHeart Protocol is an NFT platform that aims to disrupt the music and ticketing industries. It will launch its utility token HRT on Bittrex Global’s IEO Platform Block. This project will be the platform’s first project.
The History of Event Ticketing System: YellowHeart Protocol is a Major Milestone
It is possible to trace the origins of the first event tickets back to ancient Rome. The first event tickets were not issued on paper but on a small piece of clay. Since then, people have been passionate about public cultural events. It wasn’t until the middle of 18th century that concert-goers in London began to receive pre-paid tickets to ensure their seats. Paper tickets were first used in the late 19th century. Over the next two hundred years, many ticket designs were created. Online ticketing was possible in the 2000s. YellowHeart Protocol, which is one of the most important milestones in the history and evolution of event ticketing systems, is the answer.
Tickets can now be purchased on the YellowHeart Protocol platform as non-fungible tokens, or NFTs. They are also enhanced by new capabilities provided by the HTS utility token. NFT tickets offer music, video and other engaging experiences, which is a departure from traditional tickets. NFT tickets allow artists to communicate with their fans directly. They also give venues and artists a portion of the proceeds whenever a ticket is resold. The YellowHeart Protocol marketplace offers ticket NFTs as well as music NFTs, collectable and community tokens. The long-term goal of the platform is to create a wider community of fans, athletes, brands, venues and event promoters to take part in this disruptive leap forward.
An NFT ticketing platform such as this will revolutionize the industry. It goes beyond a paper ticket and gives you a scannable barcode, recognizable bracelet or ink stamp. Unique tickets can be issued that are traceable, anti-fraud and anti-counterfeit. This brings security and personalization to the game.
For concert goers, a unique and lasting memory
Paper-based tickets, like all perishable goods, cannot be stored for very long without special storage and care. Even with digital tickets, servers may go down and the service platform could be shut down. The hard drive might also fail to load. An NFT ticket, however, will remain on the decentralized blockchain indefinitely. The NFT concert ticket is digital, decentralized and unique, making it virtually indestructible. It is time to let go of your ticket album, photo frames or folders on your hard drive and embrace a new way to keep the unique memories for as long as possible.
Imagine if someone could prove that they were there in 1969. They are unlikely to have the original tickets. Your 2022 NFT tickets to an epic festival will, however, remain at your disposal even if your grandchildren ask for them.
New Channel for Artist Interaction
NFT’s ticketing platform has the technological capabilities to allow for after-event engagement. This allows artists and record companies an alternative channel to stay in touch with concert fans for future events as well as other promotions.
Imagine the news about the next concert of your favorite band’s music didn’t reach people via billboard ads or social media. Instead, it came from an airdrop that included a unique discount code that only YOU could use. The blockchain technology opens up many engagement opportunities after the event.
The Rising Value of Precious Ticket Tickets: How You Can Benefit
A Woodstock 69 vintage ticket may be worth a lot of money today, assuming it has survived all the years in mint condition. A concert ticket that was unique and issued on the blockchain is worth a lot more. It will not deteriorate, tear, or become lost.
NFT trading is easy on many popular NFT trading platforms. The rising value of concert tickets could be a boon for those who own rare or desirable tickets.
All of this explains why YellowHeart Protocol is a strong contender for the new worlds of Web3/NFTs and gives music lovers and everyone involved in ticketing and live events a reason to celebrate.
