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by Gigachad
1646 days ago
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Band sells tickets via platform A. I buy ticket, I no longer want ticket, I sell it back to platform A which makes it available to you to purchase. They can also have a feature which allows specific person to person transfers if I want to give it to a friend. This is all technologically possible. The reason platforms usually do not let you do this is due to business requirements. Why would the business switch to a platform that strips their ability to control resale if it isn't something they want to begin with? If they do want resale, its trivially possible with existing boring tech. |
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Up until now it’s been difficult to do this because the prohibitive cost of centralized services - with Web3 you have all these building blocks available without a high cost central party managing databases, cloud costs, staffing, etc…
Edit: To clarify I’ve seen end users and bands want resale, it’s just not very profitable and hard to control fraud.
To summarize I’m saying that I think and hope that Web3 will have these businesses purpose as features of the infrastructure :)