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MINGO, Hedera-Based Wallet, Sets Sights on the Global Ticketing Industry
In a groundbreaking move, MINGO has announced its intention to revolutionize the global ticketing industry through its innovative NFT-based Programmable Digital Ticketing (PDT) system. Built on the secure and efficient Hedera Hashgraph network, this new approach aims to tackle long-standing issues such as fraud, scalping, and resale inefficiencies that have plagued the ticketing sector for years.
The ambitious project has already gained the trust of prominent players in the sports and entertainment industries, with notable collaborations under its belt. World-class organizations like the WBC Fight Circus, Comic-Con Ireland, Tyson Fury Goldstar Promotions, Hedera World Boxing Muay Thai – WBC Muay Thai, and Yucateco Boxing League have all partnered with MINGO to drive innovation in ticketing.
MINGO’s PDT system boasts an impressive suite of features designed to benefit both event organizers and attendees. For organizers, the platform offers unparalleled fraud prevention capabilities, courtesy of Hedera Hashgraph’s low fees, high-speed transactions, and energy-efficient architecture. This ensures that each ticket is tamper-proof, eliminating the risk of counterfeits and scams.
Moreover, MINGO’s PDT allows for anti-scalping measures to be put in place, capping prices on resales and ensuring fair access for all fans. The system also generates additional revenue streams for event organizers through secondary sales, while seamlessly delivering tickets to attendees via its digital wallet.
In a statement, Joe Arthur, CEO of MINGO, emphasized the company’s commitment to making unforgettable experiences for fans while creating value for organizers. “We’re honored to work with leaders across sports and entertainment to address the challenges of ticketing,” he declared. “Our NFT-based system isn’t just about tickets – it’s about delivering unforgettable experiences to fans while adding value for organizers.”
MINGO has been operating since 2018, offering a secure digital wallet and NFT ticketing solution on the Hedera Hashgraph network. As a trusted partner of top-tier organizations, MINGO is poised to change the face of the global ticketing industry.
As this innovative technology continues to gain momentum, it’s clear that MINGO is determined to set new standards for event ticketing, putting attendees first while empowering organizers to achieve their goals. With its impressive track record and robust partnerships in place, there’s no denying the immense potential of this groundbreaking initiative.
Source: cryptopotato.com
