TixHive

TixHive - Token-gated event management and ticketing

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Inspiration

Our inspiration to build is driven by a quest to find an efficient solution to the problems in the ticketing industry while maximizing profit for event organizers and providing an overall better user experience.

What it does

TixHive is a customizable Ticketing Platform, where Tickets are not just tickets but NFTs. This opens up a chance for cross-platform secondary market sales, instant remittance of funds, bringing transparency into the ticketing industry and tackling ticket fraud, and monetizing scalping for event organizers while providing an optimum user experience for both the event organizer and attendees.

How we built it

We developed a model smart contract written in solidity for representing an event as an NFT collection on polygon together with an events controller smart contract that clones the bytecode of the model event smart contract and initializes a new instance with event-specific data. The events controller smart contract also controls both ticket minting and instant remittance of the event organizer’s revenue and platform fees. Our dapp frontend is built in react and the frontend interacts with the contract through the ethers.js web3 library. Off-chain/editable event data like, the event name, venue, time e.t.c is stored on a mongo-db instance for easy editing and a better user experience, so event organizers don’t have to sign transactions every time they make changes to event details. Ticket metadata and images are generated on demand and stored on IPFS, with each ticket having a unique QRcode for easy verification and check-in.

Challenges we ran into

Our challenges while building this product were majorly geolocation restrictions on access to technology such as crypto-fiat on/off ramp.

Accomplishments that we're proud of

  1. 1st runner up in the recent encode hackathon.
  2. Over 100+ tickets sold at MVP stage

What we learned

In the course of this project, we have learnt the good use of smart contracts, better web3 sign-in options and explored ways to improve the user experience of dapps for entry-level users.

What's next for TixHive

  1. Creating token gated communities.
  2. Creating a decentralized advertising system for every event.
  3. Enable NFT ticket collectors explore web3 technology.
  4. Increasing self community sponsored event, DAO.

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