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Author Topic: [ANN] GET Protocol | GUTS.tickets | Revenue Producing Live Product | Real Usage  (Read 245 times)
GET Protocol
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Honest Ticketing on Blockchain.


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November 19, 2019, 05:59:32 PM
Last edit: November 21, 2019, 09:40:57 AM by GET Protocol
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GUTS is a ticketing platform that uses blockchain technology(GET Protocol) to register ownership of smart tickets by doing so GUTS makes ticket fraud impossible. The purchased smart tickets can only be resold within a fixed price range, this means no more disgraceful prices for (secondary) tickets.


GUTS is live
GUTS Tickets has a live smart ticketing application with paying event organizers in the Netherlands ticketing with the application. With the proof-of-concept and practical market experience of developing and operating a ticketing company, the GET Protocol described in our white paper was designed. The protocol allows all event-organizers and venue holders to securely add smart ticket attributes to their tickets without having knowledge of crypto or smart contracts. During the ICO period (lately 2017), which was officially completed with over 10.9k Ether raised valued north to €6 million in funding for the protocol the crowd sale can be considered as a huge success.  


Transparency for all stakeholders
GUTS provides a transparent ticketing platform built upon Ethereum blockchain that holds no surprises for clients and customers when it comes to pricing. What you see is what you get. GUTS is a user-friendly platform that keeps the process of purchasing a ticket as simple and clean as possible for all parties involved. We strongly believe in blockchain technology and the opportunities it has to offer to the event ticketing industry.


Usability for the end-user
The GUTS ticket platform facilitates fair-use and a good user-experience. We issue smart tickets to the customer that are protected from anyone with bad intentions. Furthermore, we provide an internal exchange platform that allows customers to easily resell their tickets within fixed boundaries. A GUTS smart ticket will never leave the protocol, thereby guaranteeing access to each and every customer to the event at a fair price.


International Ambitions
GET Protocol Foundation is in process of onboarding more ticketing companies every day. Ticketing companies that already use GET Protocol, GUTS Tickets and ITIX, have been increasing their event organizer and artists portfolio which will result more ticket sales on the blockchain through GET Protocol.

Through the ticket sales in the Netherlands which help by GUTS and ITIX, GET Protocol is proven that it can scale for the international ambitions the GET Protocol Foundation has. The first ticket sales held in South Korea in November 2019 is just the beginning of a worldwide use case of the GET Protocol, starting with South Korea.



GET Protocol token economics in four steps

1- GET Protocol is a blockchain-based ticketing engine, allowing ticketing companies to issue admission rights in a fully digital way. This innovative approach provides many benefits over traditional ticketing. For example, one application of the system is eradicating fraud and ticket scalping. However, there is much more to it and the ticketing industry is on the brink of understanding this.

2- Making use of the GET Protocol requires a fuel, called the GET token, or simply ‘GET’. For example: Tickets that are sold and resold by ticketing companies using GET Protocol require GET to perform their duties.

3- After an event cycle is completed and all tickets are validated and processed, a portion of GET is automatically burned by the protocol, decreasing the total supply of GET that exists in the world.

4- GET needed by ticketing companies for their sales and events is provided upfront by the protocol at a locked rate per event cycle, to provide a frictionless experience for the ticketing companies and their fans.






Check out this explainer video and join our mission for worldwide honest ticketing.






What did we do so far?


  • Sold over 250K tickets
  • Events in multiple countries
  • First stadium shows
  • Partnership with Korean Klaytn project
  • Record for #1 blockchain ticket sale
  • New ticketing company on-boarded
  • Scaled up for global usage
  • We were honored and very excited to be invited to come pitch for the Eurovision Songfestival, which is being held in Holland in 2020. Unfortunately, we did not end up being selected as the ticketing partner, even though we were down to last two companies that were competing. However, this proves GET Protocol is proven to be a high-end technology to be considered for Eurovision and similar large events.

And more to come! We will update you with the big news.



Are you looking for more info? Please see our blog.





Pictures from some events that all tickets are sold using GUTS Tickets


 
 



Pictures from the team and the partners


   
   
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November 19, 2019, 07:35:49 PM
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Reserved for the updates, news.
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November 20, 2019, 08:25:43 PM
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Good afternoon there. To be honest, I have discovered GUTS not so far ago, but wanted to share several strong points I am impressed with the most. First of all - the value. Nowadays there are many events that are interesting to public, however it is not very easy to find tickets and else. More to it, sometimes tickets are not sold, however people who would like to visit the event, still cannot get them. So as I see, GUTS is solving many problems at once
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November 20, 2019, 09:04:21 PM
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Absolutely agree with you. Another component that matters a lot, from my point of view, is the simplicity. Even today, it is not very easy to find the ticket for the show you wanna visit. Different resources to purchase, different languages and much more. So as far as I see, market definitely needs a more ultimate solution
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December 04, 2019, 09:11:26 AM
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Here are some facts from a fan:

3 ticketing companies run on the GET protocol :

1) GUTS: sold over 250 000 tickets, runs fully on the GET protocol
2) ITIX: sells over 2 million tickets/year. Is being integrated now and will run fully on the GET protocol
3) A new Korean ticketing company: no details have been released yet but it's supposedly a big one Smiley

They are in talks with dozens of other ticketing companies from several countries to make the move (the investment is very low to do so). When they run on the GET protocol they get several benefits by making their tickets dgital:

1) the tickets can't be scalped or frauded with. This is a huge problem in the industry right now. Bots buy up tickets for popular events and resell them for 2x,3x,5x and more the original price. There is no added value to the buyer nor to the seller. It's a waterproof system like popular Dutch comedian Jochem Myjer tweeted recently (not one ticket has been resold at a bigger price on the secondary market):
https://twitter.com/jochemmyjer/status/1195757465738055680
2) Crowd control
3) Easy marketing
4) Interaction with fans
5) Dynamic price setting
And much more...

Now what does this adoption and usecase mean to the tokenholders?
You can compare GET to a gas that is needed to fuel the protocol (every state change of the ticket needs to be registered). So for every ticket sold GET is bought back from the open market and burned. Scarcity should be the ultimate goal when investing in utility tokens.I did a projected calculation with their new scarcity tool and with 2 million tickets sold next year we could burn 90% of the supply in 5 years. That means that the demand will keep eating the supply quickly and steadely and create a natural price growth.

https://i.ibb.co/pWwmDHt/EJm-PNYSXk-AAa-JSo.jpg
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December 10, 2019, 03:46:42 PM
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Interesting AMA from the project from a few days ago that shows how far in development and adoption they really are:

https://cryptodiffer.com/news/get-ama-recap
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December 17, 2019, 09:38:51 PM
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GET is now listed on Hotbit!

As of today, GET is tradable on Hotbit exchange.

Hotbit is the #2 exchange on CoinMarketCap in terms of adjusted volume. It has 540,000 registered users from more than 170 countries.

This listing is one of the first tangible results of our efforts to improve visibility and accessibility to the GET token. More to come!

https://www.hotbit.io/exchange?symbol=GET_ETH
GET Protocol
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January 08, 2020, 11:52:44 AM
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Please have a look at our latest medium articles. 2020 Vision of GET Protocol


GET 2020 vision — Talking business development

GET 2020 vision — Token economics review & outlook

GET 2020 vision — CEO Maarten Bloemers

GET 2020 vision — What’s to come in terms of marketing

GET 2020 vision — Development update


We are having a lot of Smart Blockchain ticket sale:


Oerrock festival goes for GUTS!

Skalar Audio Obscura


More to come Smiley Stay tuned!
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January 08, 2020, 12:14:27 PM
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Confira nossos artigos mais recentes no Medium. Visão 2020 do Protocolo GET

Visão GET 2020 — Como falar sobre desenvolvimento de negócios

Visão GET 2020 — Revisão e perspectivas da economia de tokens

Visão GET 2020 — CEO Maarten Bloemers

Visão GET 2020 — O que está por vir em termos de marketing

Visão GET 2020 — Atualização do desenvolvimento

Estamos tendo muita vendas de ingressos do Smart Blockchain:

Oerrock festival vai para o GUTS!

Skalar Audio Obscura


Mais por vir, fique atento!

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