Soteria Ticketing

Secondary ticketing market problems

Levi Bouman
Radboud Universiteit
Business Economics

Over het initiatief / About the initiative

Soteria Ticketing

In welke fase zit jouw initiatief? / In what stage is your initiative?

Uitgewerkt conceptfase

Meer informatie over jouw initiatief / More info about your initiative

Soteria enables event organizers to sell tickets on the blockchain, without all the hasles.
Wanting to go to a populair festival myself I encountered problems with current ticketing systems. They are unsafe and fraud is occuring a lot, scalpers with the sole intention of buying tickets to resell it for more perturb the market and event organizers do not even benefit from the reselling of tickets.

We are going to solve this by implementing blockchain in our ticketing system. Blockchain insures safe transactions, disabling fraud with tickets. A maximum resell price can also be set so the events will always be accessible for the intended audience. What is also very attractive for event organizers is that they can collect royalties on tickets that are being resold. When I want to resell my ticket for when I unfortunately cannot attend the event a share of the reselling premium goes to the event organizer, thus generating a secondary revenue stream

To make Soteria accessible for a as broad as possible audience we only make use of blockchain in the back-end. Users don’t have to deal with difficult cryptocurrencies or -wallets, this ensures that our system will be as user-friendly as possible for everyone.

Wat zijn jouw volgende stappen om het verder te ontwikkelen? / What are your next steps to develop the initiative?

Met het prototype evenement organisatoren benaderen om een letter of intent/samenwerking aan te gaan, vervolgens een tweede investering ophalen om de beta versie te ontwikkelen

Wat heb je nodig om (nog meer) impact te maken met dit initiatief? / What do you need to make (more) impact with this initiative?

Kennis en ervaring, voornamelijk van personen in de tech wereld, bijvoorbeeld in silicon valley 😉