Featuring Robin Champseix, Founder of Billy.
NFT technology, or non-fungible token technology, is a revolutionary way to combat fraud and prevent scalping in the ticketing industry. NFTs, which are unique digital assets that cannot be replicated or sold multiple times. They provide a secure and efficient way to track and verify ticket ownership.
One company that is already using NFT technology for ticketing is Billy, a platform founded by Robin Champseix based in Paris. Billy’s platform allows artists, venues and event organizers to create and sell NFT tickets, with the added benefit of being able to track and verify each ticket’s authenticity event on the secondary market.. This eliminates the need for intermediaries on the secondary market, such as ticketswap or viagogo, who often charge exorbitant fees and are not perfect to eliminate ticket fraud. With Billy, fans can purchase tickets directly from the venue or event organizer, and the NFT ticket will be stored in their digital wallet. This allows them to easily transfer or resell their tickets if they are unable to attend the event. Additionally, the NFT ticket can also be used to access exclusive perks, such as VIP experiences or merchandise discounts to engage better with the audience.
The idea behind Billy came from an experience that would later change Robin’s life, he states in his interview with MintKO “I went to lots of festivals with my cofounder and we developed our friendship during live events. During one of them, the Dekmantel festival in Amsterdam, my roommate bought a ticket on the secondary market and when we arrived at the entrance, he could not get in because the ticket was “already scanned”. We thought that blockchain brought transparency and traceability, the technology was great for preventing those sorts of events from happening again. So we started Billy on that idea”
Founder Robin Champseix & Co-founder Etienne Vaast.
When Robin was asked about user adoption of blockchain, he stated “ There is still a lot of acculturation to do and this will take time. Though, we see progress as the number of wallets created keeps increasing reaching around 230M wallet addresses just on Ethereum. Personally, I think NFTs and web3 will be mainstream when friction for users’ onboarding or payment is removed. This might imply less decentralization but more use cases.
As more users are using Billy to attend concerts and various events, the platform is becoming a go-to solution for venues and event organizers looking to enhance the ticket-buying experience for their fans. NFT technology provides a secure and transparent way for fans to buy and resell tickets, while also giving venues and event organizers more control over the ticketing process.
NFT technology is revolutionizing the way we think about ticketing by providing a secure, transparent, and user-friendly alternative to traditional ticketing platforms. With companies like Billy leading the way, it is likely that we will see more venues and event organizers adopt NFT technology in the future, to the benefit of fans everywhere.
