this post was submitted on 09 Aug 2023
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A good reminder that NFTs are shit (sh.itjust.works)
submitted 1 year ago by CookieJarObserver@sh.itjust.works to c/dankmemes@lemmy.world
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[–] Revan343@lemmy.ca -3 points 1 year ago (2 children)

Unless the ticket is also tied to a name at sale time, and you have to show ID at the door (which is common for regular tickets where I live). Then the only way to change the name associated with the ticket is to sell it through the blockchain rather than selling the wallet

[–] jimbo@lemmy.world 9 points 1 year ago (1 children)

If you have to show an ID to use the ticket, what problem is being solved by using the block chain?

[–] Revan343@lemmy.ca -2 points 1 year ago (1 children)

People reselling the tickets for a higher price and/or performers not receiving a royalty for resold tickets, is the only thing that making them NFTs would aim to change.

[–] maksokami@lemm.ee 1 points 1 year ago (1 children)

US I assume? Some countries solve this fairly well by slight government regulations... Inefficient append-only DB like block chain is not a solution for political issues..

[–] Revan343@lemmy.ca 1 points 1 year ago

Canadian. And I don't think it's actually a good use-case for NFTs, there are much more efficient ways to handle it, it's just a more reasonable idea than the NFT ape drawings crypto bros love

[–] droans@lemmy.world 4 points 1 year ago* (last edited 1 year ago)

Huh, that sounds an awful lot like the current process except now you've got to add The Blockchain™ onto it.

People can still resell tickets for more than retail price, just like I can buy a car from my neighbor for $5,000 but only tell the BMV I paid $1.