Chateaux is proud to be part of the core team working with TrueTickets on the development initiative of their new ticketing app. By using blockchain technology, TrueTickets aims to provide artists with greater ownership over ticket sales and enhance the way fans procure tickets.
Recently, Chateaux’s blockchain partner, IBM, explored how the groundbreaking startup is disrupting the event ticketing industry:
“Since 2015, Glostik Willy, a “hippy metal” band based in Indiana, has gathered local acts and music fans for an annual festival called Willy Town. It’s the band’s signature event, attracting more than 1,000 fans from the region for three days of camping, music and art.
Jameson “Jay Moe” Bradford is the band’s lead vocalist and guitar player, and for the past three years, he’s run ticketing for the event through his own homemade system.
“I refused to use ticketing agencies because I hated their fees. I’d sell tickets on our website and put the names on a spreadsheet, then print it off,” he told IBM. “There was a lot of stress that went into that.”
When the band rolls into Troy, Ohio for the fourth edition of Willy Town this September, however, things are likely to be a lot less stressful. That’s because festivalgoers this year will be able to buy tickets through True Tickets, a platform built on the IBM Blockchain Platform, powered by the Linux Foundation’s Hyperledger Fabric.”
To read the rest of the article, click here: Will blockchain rock the event ticketing industry?