System and Method for Fractional Ticketing in an NFT-based Community

A system and method for using fractional ticketing manages access and attendance at an event hosted by the host platform or entity behind an NFT-based community. An NFT-based fractional ticketing system and method according to the solution may leverage the ability of an NFT-based community platform...

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Bibliographische Detailangaben
Hauptverfasser: Wallace, Jonathan, Frix, James Tyler
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:A system and method for using fractional ticketing manages access and attendance at an event hosted by the host platform or entity behind an NFT-based community. An NFT-based fractional ticketing system and method according to the solution may leverage the ability of an NFT-based community platform to airdrop NFT-based assets to members of its community. In an exemplary embodiment, every member of an NFT-based community may be airdropped a voucher or coupon associated with a limited attendance event organized by the community platform. The event may be live in nature (like a tailgate party before a college football game) or virtual in nature (such as an online symposium featuring a famous keynote speaker). The coupons may each be in the form of an NFT and, as such, uniquely identifiable with the NFT-based community and the event it organized and the digital wallet to which it was dropped. Notably, access to the event may be subject to presentation of a ticket (also in the form of an NFT) by community members, the ticket being acquired via acquisition of a predetermined number of coupons from other members.