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Content
@
https://warpcast.com/~/channel/tickets
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🧙‍♂️
@stevedv.eth
How is Ticketmaster still a monopoly in 2024? Why hasn’t blockchain solved this?? Can I speak to a manager???
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Panda 🐼
@ammelanoleuca
They are currently being sued and also just had a massive data breach (personal info, addresses, cc info) but still can’t stop ‘em 🫠
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Ticketing Revolution
@ticketrevolution
Because it's a monopoly and they control 80% of the market. They for sure collude with secondary market player StubHub (and thus Viagogo). They have increased their lobbying expenditure in the last years. You can only stop it by providing LiveNation competition with the tools to challenge their power on pre-event financing and onchain secondary marketplace. OPEN can provide these tools, secondary market is in development. Other NFT/onchain ticketing companies focus on building a ticketing company but that will not scale, does not unlock the ticketing industry, and limits the addressable market to the remaining 20%.
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