Please describe your proposed solution.
One of the main drawbacks of centralized ticketing systems is the presence of numerous small competitors, each with different features, user flows, and data collection practices. This often results in a intransparent user experience, leading to confusion and frustration.
Additionally, feature limitations such as non existing ticket reselling, or the risk of purchasing invalid tickets can be a direct result.
Furthermore Bots frequently exploit these systems by purchasing tickets in bulk and reselling them at inflated prices, creating unfairness for genuine fans.
Not only that, but high fees associated with centralized ticketing solutions, both for attendees, in form of direct ticket fees and organizers in form of upfront fees, pose financial barriers that prevent smaller events from utilizing (good) online ticketing services.
By building our ticketing platform on Cardano, we can leverage the benefits of native tokens and enable the interaction with smart contracts and customized solutions.
NMKR's battle-tested bot prevention and high scalability features eliminate the need for additional payment infrastructure, providing a seamless payment experience.
Moreover, the inclusion of FIAT payment options offered by NMKR ensures an accessible solution for new users. Which is ideal since our goal is to provide a user-friendly experience where individuals who prefer not to set up custom wallets can still participate by using a custodian wallet.
This approach results in an enhanced user experience (UX) and enables real-world use cases, beyond the Cardano community.
To measure the impact of our solution, we can track the number of custodian wallet users. By assuming that individuals with existing wallets will continue using them, we can observe the real world adoption rate of new users utilizing our custodian wallet option. This metric then serves as an indication of the impact and acceptance of our platform and Cardano.
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
From a feature perspective, our decentralized ticketing platform will provide
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users with both a mobile app and a website. Through these platforms, users will be able to view their tickets and generate offline QR codes for entry. They will also have the flexibility to link existing wallets of their choice to their account or use a built-in custodian wallet.
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For event organizers, we offer a dedicated webpage where they can set up events, create various ticket types, and manage other aspects related to their events. These events will be linked to an NFT collection or NMKR Project.
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Moreover, organizers will have access to an app specifically designed for ticket validation, allowing them to scan and verify tickets even in offline environments.
The impact of our project will happen in two main stages:
In the initial stage, we will launch a Minimum Viable Product (MVP), primarily targeting the Cardano community.
This will enable us to gather valuable feedback and insights to further enhance our solution. We are currently in discussions with potential event partners who have expressed interest in utilizing our platform, although we cannot provide concrete numbers at this stage of the project.
In the second stage, we will introduce custodian wallets and streamline the user experience to match the simplicity of centralized solutions.
By leveraging scalable cloud infrastructure, our platform will be capable of accommodating events with thousands of tickets, ensuring smooth and efficient ticketing operations and generating lots of transactions on the blockchain.
How do you intend to measure the success of your project?
As mentioned earlier, we have identified a means of indirectly measuring how many new users we bring to the Cardano ecosystem by tracking the number of custodian wallet users.
This metric serves as an indicator of real-world adoption and will be publicly shared to provide transparency and insights.
In addition to quantitative measurements, we place great emphasis on gathering qualitative feedback to improve the usability and efficiency of blockchain solutions in real-world scenarios.
We believe in the power of sharing and aim to share our key learnings and takeaways with other projects that are focused or interested on achieving real-world adoption.
By doing so, we hope to contribute to the ecosystem as a whole, and show a way for "early" adopter
Please describe your plans to share the outputs and results of your project?
The codebase, subject to a vote, will be made available as open source, either in its entirety or partially. This aims to provide newer dApp developers with a starting point and reference to them in building their own ideas.
Nevertheless, our primary focus is on driving real-world adoption, which in turn will bring indirect benefits to the Cardano community.
To facilitate this, we will create documentation and APIs, enabling other businesses to seamlessly connect with and enhance our solution. For example, they could utilize our infrastructure to build a ticket sale marketplace or explore similar possibilities.
By developing for collaboration and offering options for integration, we aim to create a robust ecosystem that encourages innovation and features beyond the traditional ticketing solutions.
Furthermore we aim to provide other real world projects help and guidance to speed up cardano adoption in general