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Ticketmaster NFT on the Flow blockchain - The Cryptonomist

source-logo  en.cryptonomist.ch 01 September 2022 05:55, UTC

Today Ticketmaster Entertainment, Inc. announced that it will give event organizers the ability to mint tickets in NFT on Flow’s blockchain

Not only that, meanwhile, news of the day included that the popular NFT marketplace, OpenSea, announced it will introduce support for Polygon through Seaport, expanding the functionality this entails, including accepting MATIC for payments

Summary

NFT News: Ticketmaster issues more than 5 million NFTs on Flow blockchain

Beverly Hills-based American ticket sales and distribution company Ticketmaster Entertainment, Inc. is partnering with Dapper Labs’ Flow blockchain to offer a new NFT service

And, in fact, event organizers selling tickets for live events on Ticketmaster can now issue NFTs before, during, and after live events. 

According to reports, Ticketmaster has already minted more than 5 million NFTs on Flow for its event organizer clients, including the Apollo Theater, Sebastian Maniscalco, The Black Crowes, and Gavin DeGraw. 

Not only that, the relationship between Ticketmaster and Flow began with Super Bowl LVI when 70,000 NFT virtual commemorative tickets were mined one by one with each attendee’s seat location. 

Flow’s marketplace: BloctoBay

Last year, in October, Flow Blockchain announced the launch of BloctoBay, its NFT marketplace similar to OpenSea and still available in its beta version.

This is a truly new marketplace dedicated to NFTs on Flow such as those from MotoGP Ignition, Vault by CNN, Versus, Dark Country, Ben Mauro’s Evolution & Welfare series, and the more recent and no less important NFTs from NBA Top Shot. 

The NBA Top Shot was born from a collaboration between the National Basketball Association and Dapper Labs and, in February alone, auctioned off 30 NFTs with VIP Passes, which include owners’ access to the next 5 NBA All-Stars

NFT News: OpenSea opens doors to Polygon blockchain via Seaport

NFT’s popular marketplace, OpenSea, has announced that it is now using Seaport supported by Polygon, to expand its services and more quickly deploy new features across all EVM-compatible chains.

Here is the announcement on Twitter:

Using Seaport on Polygon enables launching several new features on Polygon, including:
✅Collection and attribute offers
✅No listing thresholds
✅Multiple creator payouts
✅Bulk transfers

— OpenSea (@opensea) August 30, 2022

“Starting today, we will begin using Seaport for all new listings and offers on Polygon! We’re excited to start using Seaport on multiple blockchains to improve everyone’s experience on OpenSea.

Here’s what you can expect with the move to Seaport

Using Seaport on Polygon allows you to launch several new features on Polygon, including:

  • Collection and attribute offerings
  • No listing thresholds
  • Payments for multiple creators
  • Bulk transfers

The move to using Seaport across all EVM-compatible chains makes it easier to ship new features faster and creates a better experience for everyone.”

Previously, OpenSea used Polygon’s 0x protocol, while through the new Polygon-supported Seaport, NFT’s marketplace will be able to provide a more stable buying and selling experience on par with other EVM-compatible chains. 

Among the new features, OpenSea can now support the use of MATIC, Polygon’s native token, as a payment option. Anyone making transactions on Polygon using OpenSea will now have to pay their gas fees for transactions made with MATIC.

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