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NFT ticketing is starting to explode... 25 million+ tickets will going on chain with @tixbase next year alone. Wild. But why? What's the value proposition? https://t.co/uRqrvCbUuB
Introducing TixChain, another Avalanche L1 ๐บ Tokenizing 25 million tickets onchain - 5 year deal with Passo, who handles 25 million tickets annually (Turkish National Team, UEFA Champions League, Europa League) - Specifically designed for ticketing meeting GDPR compliance andโฆ https://t.co/nqxBtOWiNU
Tixbase and Passo secure largest blockchain ticketing deal to date, built on an Avalanche L1! @Tixbase is setting out to transform ticketing with TixChain, their own L1 customized to fit their specific needs, including compliance with GDPR and data privacy laws. @passo_com_trโฆ https://t.co/PoxzVtL2CY
Tixbase and Passo have secured the largest blockchain ticketing deal to date, utilizing Avalanche's L1 technology. The partnership involves the introduction of TixChain, a customized L1 designed to handle 25 million tickets annually, including events like the Turkish National Team, UEFA Champions League, and Europa League. This five-year deal emphasizes compliance with GDPR and data privacy laws. The move to on-chain ticketing, which includes tokenizing 25 million tickets, aims to transform the industry by ensuring reduced friction, cost, and instant settlement, providing exclusive event experiences.