Attendees of the Monaco Formula One Grand Prix Events from May 26 to 28 will be issued tickets as Non-Fungible Tokens (NFTs) on the Polygon blockchain.
#Tickets #issued #NFT #Polygon #blockchain #Monaco #Formula #Grand #Prix #Events #runs
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Another good use case for NFTs and another partnership secured for Polygon. Bullish on crypto and MATIC!
Is this actual NFT tickets or one of those “You can get an NFT if you buy a ticket”. Are they actually checking NFT ownership for those going to see the race? Or they use regular tickets and they have a “Hey, follow this to get an NFT afterwards”
Is SQL and old way ticket system are not enough?
Something tells me this will be a disaster for some reason. Let’s see how many people will prefer NFTs.
So are these NFTs in addition to your ticket or are these the literal ticket you can resell or transfer?
Use doesnt equal bag pamps
This is exactly the use case for NFTs that many of us have promoted. Good to see it! It does seem like F1 is always ahead of the curve when it comes to event planning.
Cointest pros & cons with related info are in the collapsed comments below for the following topics: [Harmony](/r/CryptoCurrency/comments/13sdm6d/tickets_are_to_be_issued_as_an_nft_on_the_polygon/jlp8c01/), [NFT](/r/CryptoCurrency/comments/13sdm6d/tickets_are_to_be_issued_as_an_nft_on_the_polygon/jlp8de0/), [Polygon](/r/CryptoCurrency/comments/13sdm6d/tickets_are_to_be_issued_as_an_nft_on_the_polygon/jlp8emh/).
I waited soo long for MATIC to dip, but seems like that not gonna happen!
Now I’m thinking of buying more MATIC, considering all the bullish news we received in this bear market, in the next bullrun MATIC will be huge!
Hell yes finally – been stoked for NFT tickets.
tldr; A new NFT ticketing system is being introduced at the Monaco Formula One Grand Prix, allowing attendees to receive an NFT ticket issued on the Polygon blockchain. The platform combines the security of Ethereum with the uniqueness of NFTs to enhance ticket authenticity and prevent counterfeiting while providing fans with lasting digital mementos. The NFT tickets are a result of a partnership between NFT marketplace Elemint, Web3 firm Bary, and Platinium Group, the largest ticket operator for Formula One Grand Prix events. The NFT tickets are set to offer other benefits in the future, such as post-race experiences or ticket discounts for future Grand Prix events.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Nice when nft can be used for more than “art”
pretty great way of using NFTs
For those of us who are into crypto this is great news but for those who aren’t crypto savvy I’d be pretty mad about having to learn what an nft is to go to the grand prix.
One small step at a time folks. 👍
Anything on the official announcements?
We have only began to see glimpses of NFT use cases. Expect more to come.
Expansion of NFT utility as blockchain continues to leave its mark in our lives and experiences. This is soon going to be the new normal sooner rather than later. Just as we went green with QR codes as paperless tickets to replace physical ones, we will now go blockchain by only having NFTs for all our ticketing needs, or anywhere we have physical or virtual tokens. And to make the tickets/tokens really private and secure, there is always the option of making use of confidential NFTs.
Expansion of NFT utility as blockchain continues to leave its mark in our lives and experiences. This is soon going to be the new normal sooner rather than later. Just as we went green with QR codes as paperless tickets to replace physical ones, we will now go blockchain by only having NFTs for all our ticketing needs, or anywhere we have physical or virtual tokens. And to make the tickets/tokens really private and secure, there is always the option of making use of confidential NFTs.
Very cool use cases. Will be interesting to see how holders of the tickets will benefit Post-Race
And tickets with moon NFT would be given a chance to test drive winning one? Not gonna happen, but just an insane thought.
People continue to try and bash NFTs and say the market is dead yet all we keep seeing is more and more of these use cases emerge!
That is how you use NFTs! A great field test with lots of exposure, maybe other companies will take notice and follow suit.
Another cool thing going on on Polygon.
Finally seeing some real world use cases pop up. Expect more to follow
Ticketmaster flashbacks
great news for $MATIC, bullish for the future
That’s great. Bring on crypto ticketing.
About time !!
bullish on Polygon and ETH. full send, lets go.
Finally a real use for NFT instead of just Ponzi schemes and speculation
Good news for matic