[melomal]

Royalties. The ticket seller can set that and every time the ticket is resold, they will get % of that sale. For an artist that would mean they can sell a ticket with % royalty set and then profit from future sales on an ongoing basis.

[Kbelicius]

So we want to create incentives for event organizers themselves to encourage scalping/resale of tickets. Can't see anything wrong happening there.

[dalbasal]

So... A method for scalping scalpers?

[melomal]

Pretty much. 1000 true fans is essentially the backbone of the NFT argument which basically revolves around artists and their fans parting ways with cash for collectable items. With NFT tickets, the artist always gets paid no matter who is selling the ticket and how many times it get sold. I would say that this is a win for the artist.

[eru]

Why not auction the tickets off in the first place?

[TimJRobinson]

They can do both. They get royalties on all resales.