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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.
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 🔺 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 and… 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_tr… https://t.co/PoxzVtL2CY