Crypto glossary
NFT ticketing
NFT ticketing issues event tickets as NFTs, so organisers can verify them on-chain, limit scalping with resale rules and keep a share of secondary sales.
Each ticket is minted as a token tied to a seat or entry type and delivered to the buyer's wallet, often a custodial one created by the ticketing app. At the door, the holder proves ownership with a QR code or by signing with the wallet. Because the ticket is a token, the organiser can program rules: resale price caps, royalties on every resale, transfer windows or a ban on transfers close to the event.
Supporters say this fights counterfeits and scalping, gives organisers revenue from secondary markets and turns tickets into collectibles that can later unlock perks, such as discounts, merchandise or access to future events. Ticketing platforms built on blockchains have issued millions of tickets, and festivals and sports teams have run NFT pass programmes.
Most fans neither know nor care that their ticket is an NFT, and the benefits depend on the platform enforcing its rules, which a centralised ticketing company can also do. Wallet friction can confuse buyers, scammers have sold fake NFT tickets, and consumer protection laws on resale still apply. Adoption remains limited outside niche events.
Example
A festival sells NFT tickets with a resale cap of 110% of face value; when a fan resells theirs, the contract blocks higher prices and sends 5% of the sale to the organiser.
