Avalanche and Sports Illustrated join forces for NFT ticketing

 

Iconic media company Sports Illustrated has recently joined the NFT craze by launching its innovative ticketing platform called Box Office.

Avalanche, a popular blockchain network, recently announced its acquisition of a stake in Sports Illustrated Tickets and has become the official blockchain provider for Box Office. This partnership will bring about a revolution in the way tickets are bought and sold. With the help of blockchain technology, individuals can now easily set up paid or free events on Box Office.

Box Office will have a myriad of features that will make it stand out in the world of ticketing. One such feature is NFT videos – these are exclusive video content that can only be accessed by ticket holders. This adds a layer of exclusivity and value to the experience for fans.

Additionally, Box Office offers loyalty benefits to its users, encouraging them to attend more events and earn rewards. And with NFTs being unique digital assets, attendees can also keep their tickets as mementos of the event they attended.

Sports Illustrated Tickets is a secondary market ticketing platform, under the well-known brand Sports Illustrated. Since its launch in May 2023, Box Office has issued over 300,000 tickets. And with Avalanche’s support and technology, this number is only expected to increase.

Ava Labs, the team behind Avalanche, has shown a great interest in NFTs and has invested in other Web3 ticketing platforms as well. With the acquisition of Sports Illustrated Tickets, Ava Labs has taken an important step towards its goal of revolutionizing the ticketing industry.

The partnership between Avalanche and Sports Illustrated Tickets is a significant step towards the future of ticketing – NFTs. With its innovative features and support from Ava Labs, Box Office is set to become a game-changer in the world of ticketing.

We at SKOR Metaverse are thrilled about this development as it reinforces the narrative that big brands and organizations are looking to foray into the digital realm and leverage the latest technology in a quest to capitalize on various commercial opportunities.

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