Blockchain & Cryptocurrency Glossary

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Ticketing NFT

1 min read
Pronunciation
[tik-it-ing en-eff-tee]
Analogy
Think of a ticketing NFT as an electronic ticket stub that also doubles as a collectible souvenir of the show.
Definition
A non-fungible token representing a digital ticket that grants access to events, venues, or experiences, often with anti-fraud and collectible features.
Key Points Intro
Ticketing NFTs provide verifiable access control and unique ownership proofs for events.
Key Points

Access control: token ownership gates entry

Anti-fraud: on-chain provenance prevents counterfeits

Metadata: encodes seat details, event info, and perks

Transferability: can enable resale or non-transferable designs

Example
A concert promoter mints ERC-721 ticketing NFTs with seat metadata and uses a scanning app to verify ownership at venue entrances.
Technical Deep Dive
Ticket contracts implement transfer hooks to enforce dynamic allowlists, integrate with off-chain KYC backends via oracles, and store metadata URIs on IPFS. Scanning apps resolve token ownership and metadata in real-time using JSON-RPC or GraphQL queries.
Security Warning
Unrestricted transferability can enable scalping; enforce caps or dynamic pricing to mitigate abuse.
Caveat
Requires reliable infrastructure for real-time verification and user education on wallet usage.
Related Terms
IPFS

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