Blockchain technology has shown potential to be used in a variety of use cases, and already, a lot of companies are creatively integrating this technology into their workflow.
From providing micro-financing to small businesses to harnessing the power of charitable organizations, blockchain technology and digital currencies have been used in a variety of creative ways.
One area where there can be great application of this technology is the area of events, ticketing and venue promotion, and interested parties have been looking forward to a solution.
With Play&Earn, this concept has now become a reality. Play&Earn provides people with the chance to leverage the power and features of blockchain technology to promote events and venues, while also giving them the right platform to securely sell event tickets.
This highly secure and efficient system is sure to win plaudits from event managers, promoters and people who love attending different kinds of events, due to the ease and speed with which tasks can be accomplished, and the high degree of reliability and security on offer.
Play&Earn Unique Concept
With the rise of using blockchain technology as a solution for situations where secure, easy transactions are required to be completed with the right features, Play&Earn has brought forward an interesting and innovative solution for people in the event business.
Promoters and event managers, and people associated with particular venues which regularly host events now have the power to not only promote and propagate these events, but also to set up a safe, secure ticketing system using digital currencies.
The ability to sell and purchase tickets securely is the one feature that is most likely to appeal to people involved in the event scene, as peer-to-peer ticket sales for concerts and other events is something that has always been plagued by issues like lax security and the chance of fraud.
By ensuring that tickets are encrypted entities that exist on a blockchain, Play&Earn eliminates all these concerns, and presents users with a secure, robust ticketing platform that can be used for all kinds of events.
A lot of people have been affected by parties selling fake tickets or ticket copies online, and many have fallen victim to these scams. To resolve the issue, Play&Earn has integrated blockchain technology into the ticketing system.
Each tickets is stored in an encrypted form on the blockchain, therefore removing any chance of fraud, and allowing customers to purchase event tickets in peace.
Another important advantage of this system is that secure peer-to-peer ticketing can now lower costs for all parties involved.
Secure selling and purchase of tickets between interested parties now removes the need for a ticketing agency, or any other kind of intermediary. This is sure to lower ticket fees and the benefits can pass on to the customers.
ICO In Progress
Play&Earn currently has its very own ICO in progress, which has been designed to further streamline the system, add in more features, and bring important investors on board for the project. The decentralized network makes use of the Proof of Stake algorithm, and a large chunk of the total tokens on this platform has been made available to investors.
For investors, this can easily be a great opportunity. Not only does Play&Earn solve a major problem in the events industry, the security and ease of use of this platform can make it a lucrative place to invest in. Play&Earn also has a transparent system to rewards in place, which charges a 1% fee for every transaction.
This is then distributed among investors who have the token used in that transaction. This means that the entirety of the profit made by the platform goes to the investors, making it a great opportunity.
The registration process at Play&Earn takes a few minutes, and with a simple form, people can get access to the platform easily.
Overall, Play&Earn provides a compelling solution that can change the inherent processes of the event industry for the better.