The in-person events industry is slowly making a comeback more than a year later after the COVID-19 pandemic gripped the world.
Virtual events spiked during 2020 as lockdowns and other restrictions made it nearly impossible for in-person activities. Eventbrite’s Sebastian Boppert says the ticketing platform issued up to 200 million tickets for four million events, many of which were free of charge, across 2020.
Despite the ease of access and low barriers to virtual events, statistics suggest many across the world are excited to attend concerts, sports games, conferences, and other activities in person once again. A March 2021 survey found 56% of respondents in the United Kingdom and 55% in Germany “will only meet in person” for events. 65% of respondents in Japan said they would both meet in person and via video conferencing while just 6% of those surveyed in the United States “will only use video conferencing.”
How A Post-COVID World Is Ushering In Blockchain-Based Events Platforms
One of the biggest tasks event managers and planners now have is ensuring the safety of attendees by promoting excellent hygiene standards, social distancing, masking when applicable, and adapting to any future COVID-19 restrictions from local authorities.
One strategy to adapt to the ‘new normal’ is by promoting contactless sales and digital ticket storage and event management to reduce instances of close contact between event staff and guests.
The immutability and transparency of blockchain technology, particularly as a tool to cut down on ticket duplication, scalping, and fraud, has led to the rise of several decentralized applications (dApps) ushering in a new era for event management. PhoenixDAO ranks as one of the most effective examples on the market right now.
Ushering in a marriage of events and blockchain technology, PhoenixDAO’s Eventbrite-style Events Marketplace empowers users to buy, sell, and find tickets to a range of events. Marketplace users can also create their own events by inputting basic details of the activity, specifying if the event is free or paid, and deciding on the number of tickets for the event. As users enter details, the dApp generates a real-time ticket representation.
A Secure And Safe Ticketing And Events Solution
The dApp harnesses the power of blockchain technology to create an environment where tickets can be transacted in a secure manner without the fear of fraud or duplication. The PHNX-ID protocol allows all tickets to be tied to a user’s specific identity. Held tickets will always follow a user no matter where they go.
The Events Marketplace is also an industry trailblazer as it is one of the first built on the ERC-721 standard. Payments are made with the native $PHNX token, and the PhoenixDAO team says they are working on integrating additional cryptocurrencies and on-ramp methods.
Fiat onramp services and fiat-to-crypto withdrawals and deposits are possible due to a recent partnership with Transak. Another partnership with Travala.com allows Events dApp users to connect with the booking platform featuring properties in 230 nations.
Those looking to take advantage of the Events Marketplace just have to complete a couple of configuration steps. First, a user must connect their MetaMask wallet by opening the Events Marketplace dApp and selecting a specific MetaMask account to connect to. Next, a user can start to interact with the Events Marketplace and either create their own events or search for existing offerings.
Overall, PhoenixDAO’s Events Marketplace provides users a seamless tool to create and promote events on, and a marketplace where tickets can be transacted in a secure and safe manner.
Blockchain-based ticketing and events platforms continue to rise in popularity due to advantages over clunky traditional ticketing and event management platforms. Phoenix’s Events Management dApp continues to lead the way across the industry.
About PhoenixDAO
PhoenixDAO is a revolutionary decentralised environment that has curated a list of flagship dApps, all designed to create a more rewarding and accommodating environment for the crypto community. PhoenixDAO is powered by The DAO (governance system), Staking dApp, Events dApp and the dApp store.
PhoenixDAO is an autonomous project with unique protocols (Identity management, authentication, payment, and tokenization protocols), which helps create a secure and safe decentralised space.
Learn more about PhoenixDAO and Events dApp at https://phoenixdao.io/.
White Paper: https://github.com/PhoenixDAO/PhoenixDAO-docs/find/master?q=
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Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
