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But the enforcement can actually be built in and automatic with these smart contracts. This and chain of custody are probably the two most, maybe only, legit reasons to use block chain.
The enforcement has to be done by people. The thing that decides if your ticket is valid for entry to the event is a person. All an NFT does is add a bunch of unnecessary complexity on top.
Scalping does not happen because there's not enough technology involved.
No, the ticket can invalidate itself if/when it is resold. Hell you could take the human completely out of it and theoretically make the entrance a turnstile that scans your ticket and won't open for an invalid ticket.
Scalping does not happen because there's not enough technology involved.
Cool, but that's not what is being discussed.
It is what's being discussed. NFTs add nothing.
What your suggesting is worse than just having a person at the door check that the name on the ticket matches the name on the person's ID. Doing it as an NFT gives absolutely no benefits.
The venue could operate the turnstile much cheaper by keeping the ticket information in their own database. It's far cheaper to do it that way. The NFTs give literally no benefit to anyone.
If you continue to ignore the benefits, then yes it will seem like there aren't any. You're being willfully ignorant at this point.
It's far cheaper to do it that way.
It's cheaper to maintain your own codebase, hire admins to maintain the infrastructure, hire security experts to maintain the security of the infrastructure, and to take on all the risk of potential data breach and fraud on your own? You live in a fantasy world.
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Every professional venue already does this. You can just go on the internet and buy the ticket for the seat. All of the work that you think is fantastical is ordinary and standard.
Adding a blockchain to the end of that process makes it more expensive, and offers no benefits to the venue or the ticket buyers.
Not understanding how an industry works is not a compelling argument for NFTs.
Most venues currently outsource this to ticketmaster which encourages ticket resale. Also, just because a place is already doing it doesn't mean it's the cheapest or even most effective way of doing something.
Many venues self host. Many venues have their own box office that handles ticket sales.
Resale from ticketmaster happens because of ticketmaster's policies. NFTs are not the solution. If ticketmaster benefits from scalping, they will continue to have scalping regardless of the underlying technology. Blockchain is a solution in search of a problem.
Ok, I have a few questions on how the nft tickets would work in your world: What would they scan at the turnstile? If its simply a qr code then why not simply sell a screenshot of the qr? If it does some kind of transaction to verify that you have the wallet then who would pay the fees? They could also just create a wallet for each ticket and sell the wallet... Would the tickets you buy directly at the venue also be nfts?