Tixo

TIXO is a next-generation on-chain ticketing platform powered by the Fantom Blockchain.

Comment

TIXO: Next-Generation Ticketing powered by Fantom Blockchain

This project was built for the Fantom Hackathon Q2 2023, specifically for the NFT track.

Issue we face in ticketing today

The current ticketing market is fundamentally flawed, with numerous instances of fans being duped, artists fighting fraud, and exorbitant ticket prices due to scalpers and bots. The root cause of this inefficiency lies in the black-box fee and ownership model employed by centralized ticketing companies, which obscures the fair value of tickets, their legitimacy, and allows for huge, unmerited profits. This non-transparent system serves those profiting from the status quo, which includes event organizers who choose outdated ticketing technologies that enable a vibrant secondary market to exist, and facilitate non-transparent business models. It's imperative to remove this "black box" nature and establish an open and transparent record of value flows in the ticketing market. Blockchain offers a promising solution to these issues, fostering transparency and accountability in ticket sales, and enabling consumers to make informed decisions.

What is TIXO

TIXO is a revolutionary Web3 decentralized ticketing platform, purpose-built to redefine connections between artists, venues, promoters, and fans at live events. Our groundbreaking platform harnesses the power of blockchain technology to increase the profitability of events for organizers and artists through audience ownership, loyalty, and ticket resale.

As the future of live event ticketing, TIXO provides a seamless, branded ticketing marketplace that not only elevates the profitability of events through programmatic sponsorship and ticket resale ownership, but also enhances the artist and fan experience with easy-to-use loyalty tools. It empowers organizers, artists, and venues to connect with their audience more intimately, ensuring authenticity and traceability of tickets while maximizing convenience for the user, who can purchase using traditional credit card payments and fiat payouts.

Learn more about the Tixo Protocol here: Tixo Protocol

Tixo Protocol V1 on Fantom Opera: https://ftmscan.com/address/0x98410a5f20dff3d35711dde52a589dcc17285375

Features on TIXO today

  • Event ticketing creation tool for hosts
  • Token-gated private event ticketing
  • UI Customized for ticketing pages
  • Mobile-first ticket purchase flow with multi-payments
  • Payment integration with aETH and Stripe API
  • QR code powered ticket verification process
  • Event monitoring dashboard for tracking purchases
  • Custodial and non-custodial ticket vault solutions

How we built it

  • Frontend: NextJS, Chakra UI, RainbowKit, wagmi hooks
  • Payment Rails: Fantom FTM (crypto), Stripe API (fiat)
  • Server: ExpressJS, Hardhat, Web3.Storage

Architecture:

What's next for TIXO

  • Build React-Native mobile app for v2 prototype
  • Tiered ticket sales (i.e. VIP, General Admissions)
  • Seating selection for large venue events
  • Add ERC-20 payment method for token communities on Fantom
  • Add advanced metrics for host event dashboard
  • Marketing and partnerships to beta test platform launch
  • Export custodial ticket accounts via private key export

Market opportunity in ticketing

In a rapidly growing online ticketing economy projected to reach $68 billion by 2025, TIXO leads the innovation, offering a more consumer-friendly, transparent, and profitable method of ticketing live events. TIXO provides an unparalleled payment processing experience that's tailored to its needs, reinforcing its credibility as an early player in the Web3 landscape. The integration is smooth, secure, and hassle-free, complete with real-time fraud detection mechanisms that safeguard transaction flows.

TIXO, grounded in advanced Web3 technology, delivers a trusted and familiar user experience, creating a seamless ticketing ecosystem where fans feel they're buying tickets directly from the artists. With TIXO, creators take control, fans gain authentic experiences, and live events become more profitable - welcome to the future of live event ticketing.

Built With

Share this project:

Updates