Here’s How PhoenixDAO’s Eventbrite-Style Ticketing App Will Ride The Post-COVID Events Boom
(Photo : Here’s How PhoenixDAO’s Eventbrite-Style Ticketing App Will Ride The Post-COVID Events Boom)

It was a weird summer in 2020 for many used to enjoying concerts, sports games, and community activities amid warm weather and sunny skies.

The COVID-19 pandemic led to a patchwork of restrictions across different countries and municipalities that has severely inhibited the scope of - or outright canceled - countless events and activities since early 2020.

However, it's largely been different in 2021, especially as the year moves on. Many concerts, festivals, sports, and other big events and activities are expected to return to pre-pandemic glory. For example, the Lollapalooza music festival attracted about 385,000 people this summer.

Other popular festivals like Bonnaroo, Austin City Limits, and Astro World sold out in record time, according to Ticketmaster.

Many college football teams in the United States, like Georgia, Alabama, and Oklahoma, are hosting games to full-capacity stadiums without mandates about masks, social distancing, or vaccinations. The May world title fight between Saul Alvarez and Billy Joe Saunders set an U.S. indoor boxing attendance record. More than 70,000 fans showed up to AT&T Stadium in Texas to watch the event.

PredictHQ CEO Campbell Brown remarks the improvement in events and overall attendance this summer, compared to the last year, is the end result of a "perfect storm of demand" since "there's capital available... and there are these events being generated for people."

StubHub's GM Akshay Khanna explained in June how "demand is roaring back in a way that's exceeding our expectations as recently as 60 days ago." The ticket exchange expected, as of June, to potentially see the number of events and ticket sales across the second half of 2021 to exceed 2019's numbers.

Similarly, events company Live Nation has also reported major 2022 booked tour dates are up by double digits compared to 2019 - which already went in the books as a record year.

Looking at the changes and trends, Brown believes events are "going to shift back to pretty much very similar to what it was pre-pandemic, but with better safety measures.

All signs only point towards the continued boom for online event ticketing platforms and tools as more people venture out to activities. These numbers should only be bolstered as localities begin to ease restrictions, or mandate proof of a negative test or a COVID-19 vaccine to attend and participate in events.

Digital identity and authentication of tickets has always been an issue, but PhoenixDAO's Eventbrite-style dApp looks to put these problems to rest. Users can create events or buy tickets with PHNX and have every purchase tied to a unique identity.

Built on the ERC-721 standard, Phoenix's ticketing platform means users can share identifying information with whoever they want in a safe manner while being able to digitally carry around their tickets wherever they go, all without having to make multiple accounts. dApp users can also issue NFT-based tickets for specific events and activities in a secure manner.

Phoenix's Identity solution is vastly more secure and efficient than paper-based and current digital ID systems found in many current online ticketing platforms. The ability for users to safely buy tickets to various events through the dApp makes it easy to attend a concert, sports event or other activity, or transfer the tickets to friends and family if needed. 

As the events industry keeps heating up with more activities and events, PhoenixDAO's events platform remains one of the easiest ways for PHNX holders to create events or securely buy tickets.

ⓒ 2021 TECHTIMES.com All rights reserved. Do not reproduce without permission.
Tags: