Startup Ideas AI

The idea is to create an event ticketing platform that leverages blockchain technology for secure and transparent ticket sales, eliminating scalping and fraud. The platform would use smart contracts to ensure fair ticket distribution and enable ticket resale within a controlled environment. This would address the frustration of counterfeit tickets, high ticket prices, and limited ticket availability. The market size for the global event ticketing industry was estimated to be $67 billion in 2019, with a projected growth rate of 4.7% from 2020 to 2027.