Based on Smart Ticket research, many businesses are integrating tokenized tickets as NFTs and tokens to link with events and other prime venues, and the USM ecosystem appears to be leading this race. Most creative and exceptional events have happened at USM using blockchain-powered potentials, the Web3 support network.
Tokenized tickets and Web3-enabled potential represent a massive change in the fan’s perception of interacting with their favorite teams and sporting events. Moreover, the tickets are valid and embedded with safety features, which are important in the stadium arena.
Based on a statement by Carlos Akira Sato, an expert in market capitalization, it is possible with the assistance of blockchain technology used for tokenized tickets.
Sato also said that the monitoring capabilities of blockchain technology can record each stage of ticket exchange or stop the process. By incorporating an electronic payment network into the block, it will can manage or prevent charges more than the real box office revenue.
This specific blockchain technology features the capability of recording transactions in an immutable fashion. It gets rid of the possibility of duplicate ticket resale. The ticket issuer, based on Sato, can implement various marketing regulations within the block, hence contributing to the complete transparency of each executed transaction.
Additionally, the use of DID connectivity and the authentication of tokenized tickets give buyers an unexpected level of access, including the ability to change customized tickets into non-fungible tokens (NFTs).
The exposure for the buyers of these innovative tickets is a lot more than just watching the game. Investors and buyers of these innovative tickets will experience various physical and digital activities, including designing an award cup using a 3D printer and contributing to the manufacture of a commemorative artifact. Moreover, a jersey bearing the signatures of the athletes will be acquired.
RACA works as a Web 3.0 framework service provider and is supported by OKX Blockdream Ventures, the Consensys Mesh Tachyon accelerator, and DWF Labs. It was originally offered in the form of a bidding token with the Maye Musk NFT. Now, it appears to have evolved into a considerable Web3 gaming environment.
RACA is a native USM token that works as a Crypto dApp Store for artificial intelligence programs and games, as designed by Elon Musk’s mother and the Koda NFT community.
