GET aims to improve the ticket industry by providing a transparent ecosystem, eliminating the resale of tickets with extreme prices, as well as ticket fraud. Concert tickets are sold en masse. In many countries the loan shark trade around concert tickets is a major problem. Ticket traders benefit big. They buy tickets in large numbers and sell them expensive. The consumer is the victim of this, tickets are only reserved for people who have a little more to spend. In most countries, there is no clear law that says anything about the maximum resale price of a ticket. These laws are necessary to solve the problem.
GET wants to tackle the problems surrounding tickets and uses the Ethereum blockchain and the Get protocol for this. The token used is the GET Token (Guaranteed Entrance Token). A token that gives you guaranteed access to an event. It is an ECR-20 token that you can buy through various exchanges. GET tokens act as fuel for the distribution of tickets, as well as enabling changes, such as a change of ownership in the event of a resale. GUTS is the first ticketing system to use the GET protocol. GUTS has been in existence since 2016 and has already sold more than 185,000 tickets until mid-2019. In addition to GUTS, the GET protocol is also used by a second ticketing service called ITIX.
Fraud with tickets turns out to be very easy. A major problem that has not yet been solved. GET makes it impossible to sell tickets with fraudulent barcodes. The GET protocol ensures that only original tickets can be sent, because the tickets are transferred to the blockchain and linked to the smartphones of users.
Traditional ticket platforms use all kinds of intermediaries and options, making tickets more expensive. The GET platform functions without all kinds of intermediaries, which ensures a fair price. The GET protocol prevents event organizers as well as artists from being assured that tickets will not be sold at extortionate prices. The protocol lays down a fixed maximum resale price.
If you want to buy GET you have to go to the following exchanges:
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Liquid
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Nocks
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IDEX
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DDEX
