NFTs can revolutionize movie ticket sales by enabling decentralized distribution and secondary trading. By tokenizing tickets as NFTs, filmmakers and studios can distribute them directly on blockchain platforms, bypassing traditional intermediaries like ticket vendors. This decentralization ensures transparency, reduces fees, and allows creators to retain more control and revenue. Each NFT ticket, uniquely verifiable on the blockchain, can include smart contracts that define rules for pricing, transfers, and royalties.
For secondary trading, fans can resell NFT tickets on decentralized marketplaces, with transactions recorded immutably. Smart contracts can automatically allocate a percentage of resale profits back to the filmmakers or rights holders,