May 25, 2022

SKALE X NFTY Labs SocialPass

Marcos Sanchez

Head of Communications

Whether it’s virtual or IRL, our deep desire to participate in a wide variety of events is real. From live concerts to art shows to conferences to industry events there are so many ways that brands, artists and companies can engage with their audiences at and during an event. There is no business or category on earth that doesn’t have some kind of event (not to mention personal events like birthdays and weddings). Eventbrite, a leading Web2 ticketing platform, had a record 5.4 million events produced on its platform alone.

That’s why we’re excited to announce that NFTY Labs will be building their new SocialPass product on SKALE. SocialPass is a decentralized self-service ticketing platform designed specifically for Web3. Essentially, they’re helping event organizers use NFTs as tickets. Their ticketing solution eliminates several fees associated with traditional ticketing and it serves as a great utility for NFT or Social Token holders.

The objective of SocialPass is to aid brands and creators in developing new revenue streams while also fortifying bonds with their consumers, clients, and communities. SocialPass provides white label solutions to businesses and artists interested in developing ticketing solutions with the purpose of monetizing and retaining audiences and revenues associated with their NFTs or Social Tokens.

“We chose SKALE as our partner because of its impressive scalability, cheap fees, and interoperability. It's going to be fun to see how NFT collections use SKALE for their application chain rollouts while still being able to utilize SocialPass's NFT ticketing solution with ease,” said Ty Blackard (Tytan.ETH) CPO of NFTY Labs.

With SocialPass, you'll have everything you need to get started with Web3 and NFT Ticketing. Their platform makes ticketing for your next Web3 event easy. Join the SocialPass waitlist today https://socialpass.io.