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The evolution of blockchain technology has enabled crypto.tickets to engineer an elegant and fluid solution, such that the end user need not concern themselves with how it works, they just know that the ticket they bought is valid and secure.
TKT tokens set-up smart contracts and support transactions inside the crypto.tickets decentralized system. Each time there is a purchase order for a ticket, the system will place an order for the purchase of tokens. The crypto.tickets platform automates this conversion in real-time, so the typical end user will simply purchase their event tickets in fiat currency and will see the ticket appear in their ticket wallet app on their electronic device.
Growth in consumer base and number of events managed on the platform will increase the number of individuals transacting in TKT to purchase tickets. This increased volume, coupled with the fixed supply of TKT set during the ICO, will push up the price of a token relative to other currencies as platform adoption occurs over time.
The evolution from paper ticket to crypto.ticket will transform the way consumers and key industry players interact, forming a fluid and efficient structure for all parties involved. Early investors in the crypto.tickets ICO have an unprecedented opportunity to participate in setting the direction of this project and to profit from the growth of the platform over time.