Oaziz DAOHOW TO CREATE A FULL-FLEDGED WEB3 COMMUNITY?
There’s the no better alternative to building a new community than by engaging in other communities, and there are tons of communities already thriving in Web3 – though they may be somewhat obscured. ➡️A QUICK BREAKDOWN OF THE BEST ORGANIC SOCIAL PLATFORMS FOR WEB3 COMMUNITIES Though Web3 is changing the way we approach social with the advent of the Metaverse, there is still a thriving community to engage with and approach through traditional media. Here’s a quick breakdown of the various pla...
Oaziz DAOMore and more developers join Web3. What does it mean?
The definition of Web3 hangs in the air and is repeated all the time, but few people think about how important this concept is in today's world. Why is the number of developers of the decentralized Internet growing every year, and why are all the largest corporations in the world trying to invest in this segment, both directly and indirectly? What will Web3 features help developers cope with the existing problems of the Web?The World Wide Web (WWW) concept emerged in the 1980s and was re...
Oaziz DAOOaziz Legends: Pathway Home NFT collection + Airdrop!
Oaziz is happy to introduce our NFT collections: Oaziz Legends: Pathway Home and Oaziz Legends: Pathway Home Premium. Oaziz Legends: Pathway Home is an NFT collection by Oaziz DAO — a Web3 ecosystem for events. Many crypto projects hold NFT airdrops upon launching their products. Still, there is a slight difference in how we see this and all of our further airdrops — we want to tell you a fascinating, beautiful and entertaining story of how we are building a Web3 project and transforming the ...
Oaziz is an ecosystem of Web3 tools making community-owned events a reality.
Oaziz DAOHOW TO CREATE A FULL-FLEDGED WEB3 COMMUNITY?
There’s the no better alternative to building a new community than by engaging in other communities, and there are tons of communities already thriving in Web3 – though they may be somewhat obscured. ➡️A QUICK BREAKDOWN OF THE BEST ORGANIC SOCIAL PLATFORMS FOR WEB3 COMMUNITIES Though Web3 is changing the way we approach social with the advent of the Metaverse, there is still a thriving community to engage with and approach through traditional media. Here’s a quick breakdown of the various pla...
Oaziz DAOMore and more developers join Web3. What does it mean?
The definition of Web3 hangs in the air and is repeated all the time, but few people think about how important this concept is in today's world. Why is the number of developers of the decentralized Internet growing every year, and why are all the largest corporations in the world trying to invest in this segment, both directly and indirectly? What will Web3 features help developers cope with the existing problems of the Web?The World Wide Web (WWW) concept emerged in the 1980s and was re...
Oaziz DAOOaziz Legends: Pathway Home NFT collection + Airdrop!
Oaziz is happy to introduce our NFT collections: Oaziz Legends: Pathway Home and Oaziz Legends: Pathway Home Premium. Oaziz Legends: Pathway Home is an NFT collection by Oaziz DAO — a Web3 ecosystem for events. Many crypto projects hold NFT airdrops upon launching their products. Still, there is a slight difference in how we see this and all of our further airdrops — we want to tell you a fascinating, beautiful and entertaining story of how we are building a Web3 project and transforming the ...
Oaziz is an ecosystem of Web3 tools making community-owned events a reality.
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Some of us here are old enough to remember how we used to lose our tickets: on the plane to Paris or to our favorite pop band concert. NFT tickets not only make that impossible but provide ownership and collectable logic to tickets.
Digitization certainly simplified ticketing, but a QR code without context seems vapid. With the advent of NFTs, tickets are now more functional and memorable. Tickets, which were traditionally paper-based, faked, and stolen in the highly digitized world we live in today. NFT technology does not only make ticket a unique asset but also a valuable one.
With NFTs, neither the organizers nor the guests have to compromise as the technology benefits both. To begin with, let’s discuss the basics of NFT ticketing.
What is NFT ticketing?
Digital assets are becoming more valuable as we move toward Web 3.0 (or Metaverse). Companies can sell or use digital assets to enhance their customer’s online experience. It is possible to store and exchange physical items either together or independently using their unique digital representations.
That is when digital platforms need a secure interface like NFT ticketing. NFT tickets serve as access credentials for your events and provide exclusive perks. These assets can be sold, generating new revenue streams for the community and yourself. (In a tie-up with an event or ticketing merchandise or through the resale of purchased tickets).
The NFT tokenized tickets will allow attendees to access both the in-person and virtual experience.
How does it work technically?
Event organizers can select the blockchain platform they prefer to use for NFT tickets as part of the ticketing system.
They can program the NFTs to set a sale price or run an auction to sell the tickets.
Buyer has much broader variety of payment methods
A smart contract is triggered in response to a payment, resulting in an NFT being sent to the buyer.
Once you purchase these tickets, you can store them in customer wallets and access them from mobile devices.
The ticketing platform uploads a ticket to decentralized storage
An automatic payment is made to the seller from the smart contract when the buyer purchases the ticket.
You can upload your ticket to a marketplace and expect a transparent deal if your plans are changed or it was intended to flip a ticket from the beginning
The main benefits of NFT ticketing
Prevent fake tickets and scams
Both ticket holders and organizers have access to a single version of information via blockchain. As a result, all parties can verify an NFT’s authenticity after transferring from initial sale to resale. If you want to prohibit resale, it’s possible to make NFTs non-transferable so they can’t be sold to another person.
Cost reduction and quick production
Compared to traditional ticketing, NFTs have negligible costs. A non-forgeable ticket allows customers and organizers to verify the authenticity and track ownership histories for less production cost. An NFT can be created and made ready for sale in under a minute.
Constant revenue
Programmable NFTs often have built-in rules for purchases, resales, and royalty splits. It allows users to calculate profit-sharing percentages and receive the funds they are due within the NFT code, preventing manipulation of these percentages from changing over time.
New revenue opportunities
With NFT-based tickets, new revenue opportunities are endless. For example, we could resell NFT tickets as collectibles, offer food and drink deals with NFT tickets, and reward fans who collect many tickets.
Some of us here are old enough to remember how we used to lose our tickets: on the plane to Paris or to our favorite pop band concert. NFT tickets not only make that impossible but provide ownership and collectable logic to tickets.
Digitization certainly simplified ticketing, but a QR code without context seems vapid. With the advent of NFTs, tickets are now more functional and memorable. Tickets, which were traditionally paper-based, faked, and stolen in the highly digitized world we live in today. NFT technology does not only make ticket a unique asset but also a valuable one.
With NFTs, neither the organizers nor the guests have to compromise as the technology benefits both. To begin with, let’s discuss the basics of NFT ticketing.
What is NFT ticketing?
Digital assets are becoming more valuable as we move toward Web 3.0 (or Metaverse). Companies can sell or use digital assets to enhance their customer’s online experience. It is possible to store and exchange physical items either together or independently using their unique digital representations.
That is when digital platforms need a secure interface like NFT ticketing. NFT tickets serve as access credentials for your events and provide exclusive perks. These assets can be sold, generating new revenue streams for the community and yourself. (In a tie-up with an event or ticketing merchandise or through the resale of purchased tickets).
The NFT tokenized tickets will allow attendees to access both the in-person and virtual experience.
How does it work technically?
Event organizers can select the blockchain platform they prefer to use for NFT tickets as part of the ticketing system.
They can program the NFTs to set a sale price or run an auction to sell the tickets.
Buyer has much broader variety of payment methods
A smart contract is triggered in response to a payment, resulting in an NFT being sent to the buyer.
Once you purchase these tickets, you can store them in customer wallets and access them from mobile devices.
The ticketing platform uploads a ticket to decentralized storage
An automatic payment is made to the seller from the smart contract when the buyer purchases the ticket.
You can upload your ticket to a marketplace and expect a transparent deal if your plans are changed or it was intended to flip a ticket from the beginning
The main benefits of NFT ticketing
Prevent fake tickets and scams
Both ticket holders and organizers have access to a single version of information via blockchain. As a result, all parties can verify an NFT’s authenticity after transferring from initial sale to resale. If you want to prohibit resale, it’s possible to make NFTs non-transferable so they can’t be sold to another person.
Cost reduction and quick production
Compared to traditional ticketing, NFTs have negligible costs. A non-forgeable ticket allows customers and organizers to verify the authenticity and track ownership histories for less production cost. An NFT can be created and made ready for sale in under a minute.
Constant revenue
Programmable NFTs often have built-in rules for purchases, resales, and royalty splits. It allows users to calculate profit-sharing percentages and receive the funds they are due within the NFT code, preventing manipulation of these percentages from changing over time.
New revenue opportunities
With NFT-based tickets, new revenue opportunities are endless. For example, we could resell NFT tickets as collectibles, offer food and drink deals with NFT tickets, and reward fans who collect many tickets.
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