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https://flows.wtf/draft/968
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rocketman
@rocketman
@ezincrypto yo thanks for the submission! I'm curious about your transition from free to paid concerts - this seems like a significant pivot from your proven free model. Have you had any experience converting free audiences to paid experiences before? How confident are you that your current live viewers will convert to NFT ticket buyers? Your revenue projections assume 5-7 ticket sales per concert initially, but this is based on estimates rather than actual data from previous paid events. What's your backup plan if the conversion rates are lower than expected?
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EZinCrypto
@ezincrypto
To be perfectly honest, I do not have any experience converting a free concert to a paid concert, and there would still be free entry, but the tickets would add perks and benefits, per tier, going all the way up to the sponsorship level… I do think there’s definitely some regular attendees that would purchase tickets, weve also been networking for quite a while. In fact, I made some connections here in New York with some people that are interested, but of course we’ll see how the follow up goes with those… We will have to make a major push on marketing impact concerts, and definitely create dedicated social media accounts on X, Farcaster etc too, but that will take a bit of work so we’ll see, I guess if we get the thumbs up those would be the first steps!!
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rocketman
@rocketman
Awesome! How many live listeners do you all usually get per concert?
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