{"id":19225,"date":"2023-03-28T14:05:03","date_gmt":"2023-03-28T14:05:03","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ticketmaster-launches-nft-gated-ticketing-service-for-avenged-sevenfold-shows-bitcoin-news\/"},"modified":"2023-03-28T14:05:03","modified_gmt":"2023-03-28T14:05:03","slug":"ticketmaster-launches-nft-gated-ticketing-service-for-avenged-sevenfold-shows-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ticketmaster-launches-nft-gated-ticketing-service-for-avenged-sevenfold-shows-bitcoin-news\/","title":{"rendered":"Ticketmaster Launches NFT-Gated Ticketing Service for Avenged Sevenfold Shows \u2013 Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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Ticketmaster, the global provider of event ticketing services, has launched \u201ctoken-gated sales,\u201d allowing fans access to concert tickets using non-fungible token (NFT) technology. The first to use the service is the metal band Avenged Sevenfold (A7X), whose \u201cDeathbats Club\u201d NFT collection gave owners early access to the group\u2019s shows in Los Angeles and New York City. Following the ticket sales, Ticketmaster announced that it had built and launched a token-gated service for the upcoming A7X shows.<\/strong><\/p>\n

Ticketmaster\u2019s New Token-Gated Sales Service Allows for NFT Access to Concert Tickets<\/h2>\n

On March 27, Ticketmaster revealed<\/a> it has created a new NFT-gated ticketing service, and the metal act Avenged Sevenfold (A7X)<\/a> is the first band to trial the service. \u201cBuilding on its NFT capabilities, Ticketmaster has launched the ability for artists to offer token-gated ticket sales \u2013 meaning that a sale can only be unlocked or accessed with a specific NFT,\u201d the company said in a press statement.<\/p>\n

A7X previously sold an NFT collection called \u201cDeathbats Club,\u201d and the NFTs gave owners access to purchasing tickets to shows in Los Angeles and New York before the general public. A7X and the team Bitflips worked with Ticketmaster on the functionality and \u201cTicketmaster built and launched the token-gated service for A7X to provide their fan community with first access to tickets for upcoming shows.\u201d<\/p>\n

Ticketmaster\u2019s EVP of Global Music, David Marcus, explained that the new service \u201callows artists to get special access and rewards to specific fans they want to super-serve.\u201d \u201cArtists like Avenged Sevenfold are using Web3 and NFTs to build deeper relationships with their fans, and we\u2019re proud to help foster that connection through live events,\u201d the Ticketmaster executive added.<\/p>\n

Ticketmaster has revealed intentions to dabble with NFT technology for quite some time. In August, the event ticketing company disclosed<\/a> that it was working with the Flow blockchain. The company explained on Monday that the token-gated sale service is one of several \u201ctech solutions that artists can use to get their tickets to their fans.\u201d The company explained that the firm\u2019s token-gated sales are Ethereum compatible and work with Web3 wallets like Metamask and Coinbase.<\/p>\n

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\n Tags in this story
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ACCESS<\/a>, Artists<\/a>, Avenged Sevenfold<\/a>, Bitflips<\/a>, Blockchain<\/a>, Coinbase<\/a>, compatible<\/a>, connection<\/a>, David Marcus<\/a>, Deathbats Club<\/a>, Ethereum<\/a>, Event<\/a>, EVP<\/a>, fans<\/a>, Firm<\/a>, Flow<\/a>, Functionality<\/a>, future<\/a>, Global<\/a>, LA<\/a>, launch<\/a>, live events<\/a>, metamask<\/a>, music<\/a>, nft<\/a>, NYC<\/a>, press statement<\/a>, revolutionize<\/a>, Rewards<\/a>, sales<\/a>, service<\/a>, solutions<\/a>, super-serve<\/a>, technology<\/a>, ticketing<\/a>, Ticketmaster<\/a>, token-gated<\/a>, Trial<\/a>, Wallets<\/a>, Web3<\/a><\/div>\n<\/div>\n

What are your thoughts on Ticketmaster\u2019s new NFT-gated ticketing service? Do you think this will revolutionize the way we access and purchase event tickets in the future? Share your opinions in the comments section below.<\/strong><\/em><\/p>\n

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\nJamie Redman <\/h6>\n

\nJamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

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Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

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