Traditional paper tickets carry the risk of faking and scalping by unauthorized resellers, often leading to inflated prices. In contrast, an NFT ticket represents a digital counterpart established through blockchain technology. Distinguished by their uniqueness, NFT tickets cannot be replicated.
Paper tickets can also be tied to a single event and user hence they cannot be transferred or sold at a secondary marketplace without being traced. Moreover, NFT tickets offer the advantage of multiple uses across various events and can be legitimately traded in secondary markets, aligning with event-specific guidelines. Beyond their functional benefits, NFT tickets possess an inherent collectible quality, capable of serving as cherished memorabilia, thus increasing their value post-event as well.
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