ThunderCore has partnered with ACCUPASS, one of the largest online-ticketing platforms in Asia, to bring the public more real-world use cases for non-fungible tokens (NFTs).
ACCUPASS’s online-ticketing platform has over 120K+ event holders, over 3.2M+ members, over 20M+ monthly page views, and over 15M+ tickets sold.
Going forward, ThunderCore will be helping ACCUPASS outfit its many partners with the tools they need to set up NFT ticketing for their event. This year, ThunderCore has emphasized our core belief that Web3 technology will reach mass adoption through an entertainment-driven approach. It’s by reaching people in the areas where they already consume that we will onboard the next billion users to the blockchain.
With our high-performance chain and suite of tools geared toward helping Web2 companies transition to Web3, we are the ideal blockchain partner in the events space.
The power of NFT ticketing
NFTs can be used in the ticketing industry to create digital passes that are unique, verifiable, and immutable. While more use cases are still being explored, it’s already clear there’s a ton of potential. Here are some of the promising avenues of development:
- Fraud prevention and security: NFTs can be used to create digital tickets that are difficult to duplicate or forge. Since they exist on the blockchain, they are resistant to tampering, which ensures only legitimate ticket holders can attend events.
- Transferability: NFTs can be easily transferred between persons, making it easy to sell or give tickets away. This can help to increase the liquidity of the ticket market.
- Customizability: NFTs can be customized with various metadata, which can be altered to provide unique experiences in addition to rewards and enticements long after the event.
- Special access: NFTs can create VIP tickets that grant entry to secret events, seating areas, early access, meet-and-greets, behind-the-scenes tours, or exclusive interviews.
- Retailer discounts: NFTs can offer discounts or promotions at events, such as on food, beverages, or limited-edition merchandise.
- Redeemability: NFTs can be used to redeem physical goods, which is being pioneered by ThunderCore partner RE:DREAMER with their Redeem Protocol.
NFT-ticketing showcases from ThunderCore and ACCUPASS
Dream Pass at NFT Taipei
Recently, ThunderCore co-hosted the leading NFT event in Taiwan, NFT Taipei. NFT tickets were available through ACCUPASS for those with a TT Wallet address, the native wallet of our ecosystem.
Before the convention, our partners RE:DREAMER and Dynamics worked with us to launch Dream Pass NFTs. These were used as tickets for side events and coupons at over 10,000 participating businesses.
The passes were minted using the Redeem Protocol. Each could be minted more than once, giving the ticket a range of utility. When one person transferred the Dream Pass to another, they would pass on the rights to the utility. That way, the first holder could use it for discounted drinks, while the second could use it for a discounted dinner.
The Redeem Protocol would send a “webhook” to third parties offering rewards to the NFT holders, and these third parties could cause the NFT’s state to change without altering its token ID or contract address.
SET
Sanlih Entertainment Television (SET) is a national cable network in Taiwan. The channel puts out vast quantities of programming and connects with a deep fan base in the island nation and beyond.
Through its upcoming collaboration with ThunderCore and ACCUPASS, SET will become the first national television channel to integrate Web3 features into its programming, which will help it to foster even closer engagement with its audience.
The partnership will provide an innovative use case for how television stations can boost their ratings and KPIs by allowing audiences to participate more closely in the programming.
With the ThunderCore-powered NFT tickets, SET fans will be able to meet their favorite stars and more. The tickets will be purchasable on Accupass. Then, the NFTs will be airdropped to the holders’ TT Wallet addresses.
Final thoughts
By pursuing NFT-ticketing projects in the entertainment industry with ACCUPASS, ThunderCore is helping to introduce masses of new users to our blockchain. Once they arrive on-chain, we hope to then convert them into loyal users with our leading ecosystem-retention capabilities, benefiting all our stakeholders.
Furthermore, we are courting new projects with our reputation as one of the most developer-friendly blockchains. We do this with a mix of tools and incentives for builders, creating a hassle-free route for Web2 companies to reach Web3.
Foremost among these tools is our innovative ThunderGene API tool, which makes deploying Web3 features like NFTs into any old app as easy can be. We take care of the intimidating aspects like wallet security, while developers can focus on their products. It’s the perfect tool for companies in the entertainment space looking to reap the promises of blockchain technology.
We also offer hands-on assistance and funding for those projects we deem a great match for us. Our $100M Web3 Fund provides financing weighted towards projects in the metaverse, GameFi, and NFT spaces. At the same time, our Developer Growth Fund assists with financing, technicals, promotions, and operations.
Our Developer Growth Fund is scheduled to undergo a major update soon, so please stay tuned for the latest news.
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