\mī ti-kət\
Tickets
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Blockchain
Smart Contracts
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Smart Tickets
BENEFITS
RELIABLE APP PERFORMANCE
Despite the unreliable nature of cellular and Wi-Fi networks inside many of today’s popular venues, the MiTyket app, even when a phone is in airplane mode, can search, redeem, and authenticate digital tickets.
DYNAMIC TICKETING
MiTykets are digital and enable the Event Owner to implement dynamic pricing to better align pricing with the changing conditions of the market. This includes from the moment tickets initially go on sale, all the way up to, and during, the actual event.
IMPROVED CUSTOMER DATA
Through MiTyket’s blockchain enabled system, it is possible to track and collect data of everyone that has claimed ownership of the ticket throughout the ticket life cycle, whether or not they attend the event.
SECURITY: DEATH TO COUNTEFIET TICKETS
The authenticity of MiTykets is ensured through the use of blockchain technology and the patented QR code process. As long as fans purchase a digital ticket through the Event Owner or MiTyket, an authentic ticket is guaranteed.
COMPLETE PRICING CONTROL
Through the use of blockchain enabled smart contracts, Event Owners have the ability to control to the point of exclusion; serial scalpers, ticket brokers, and resellers, from initial purchase, to every subsequent transaction.
ADDITIONAL REVENUE OPPORTUNITIES
In addition to providing Event Owners the ability to now capture revenue from what was historically lost to the secondary ticket markets, MiTyket creates other unique revenue opportunities as a result of continuous ticket holder information and immediate customer communications.
CONSTANT FAN ENGAGEMENT AND COMMUNICATION
Through MiTyket, Event Owners will know who is in possession of all tickets at all times and be able to contact fans via email, phone, or SMS text.
EASY TRANSFER
Fans and customers can easily transfer, and purchase as gifts, tickets to friends and family simply through MiTyket with an email, phone number, or MiTyket username.
MISSION
It is our mission to ensure that THE FAN is the one that is able to purchase tickets and attend the concert, show, game, or event they desire, and NOT THE TICKET BROKERS AND SCALPERS who generate a profit by purchasing blocks of tickets at a time and then selling tickets at a substantial markup. The value of a ticket should be shared between the fan, the venue, and the artist; the fan enjoys the entertainment experience in exchange for the revenue received by the venue, artist, or team. Fraudulent tickets have also become a problem for people attempting to attend sporting events and concerts. With the amount of money people must spend on tickets, they should not be concerned with the authenticity of their tickets.
Our goal is to become the preferred ticket technology of artists and live entertainment venues as a means to distribute tickets to events through a secure blockchain enabled marketplace, utilizing smart contracts, to control the resell of tickets for profits. This prevents the use of fraudulent tickets which may deceive unsuspecting fans who spend their hard-earned wages on the opportunity to see their favorite musician, band, or team - live.
We want to protect every teenager who saves their allowance to buy a ticket to see the artist they love; every parent that wants to take their child to the big show they have been talking about for the past year; and every sports fan that spends all they can just to attend one game each season.
ABOUT
Our story is one that many will relate to, one of wanting to attend a concert and having to compete with scalpers for tickets. For years, I had wanted to see one of my favorite musicians, Jimmy Buffett, live in concert, but always had a hard time finding tickets available that I could afford. Between slow computers, working when tickets go on sale, and other challenges, it was next to impossible to purchase tickets when they originally went on sale. It seems like it does not matter whether it is Jimmy Buffett or any other popular artist, tickets sell out in a matter of hours, if not minutes, and are immediately available on secondary market sites for double the original face value. Unfortunately, a large number of tickets bought at face value when tickets initially go on sale, are purchased by people buying as many tickets that are permitted in one transaction - WITH THE SOLE INTENT OF RESELLING THE TICKETS FOR A PROFIT ONCE THE INITIAL BOX OFFICE TICKETS HAVE SOLD OUT.
While our intent and desire is protect the fan from fraudulent tickets and high-priced scalpers, we also understand that the system and process must appeal to the venue, artists, performers, and teams as well, if our services are ever to be purchased and implemented. The venue is ultimately who will make the decision on which ticketing service to utilize. It is our goal to educate the venues, artists, and sports teams, that through the implementation of our system, that it is in fact possible to reduce the cost of tickets to fans, while simultaneously increasing ticket sales revenue and reducing the incentive for scalpers.
MiTyket is a patented, proprietary, blockchain enabled ticketing system which empowers live entertainment venues, artists, and sports teams to monitor and regulate ticket transactions. From initial purchase, to every subsequent transaction, with the ability to control to the point of exclusion; serial scalpers, ticket brokers, and resellers, through the use of blockchain enabled smart contracts. Therefore, when artists set the face value of their concert tickets at any given price, the artist and the venue control the ability to limit markup on resell transactions. The artists know their fans and the artists have an intended price for their fans, MiTyket puts price control back into the hands of the artists. MiTyket’s mission is to protect the fans from fraudulent tickets and high-priced scalpers. MiTyket delivers value to the venue, artists, performers, and sports teams as well.
As more of our world becomes digital, so too will tickets for concerts, sporting events, and other live entertainment. With the digitization of tickets comes the need for security to prevent scalpers from producing and selling fraudulent tickets, as well as the convenience and ability for the fan to quickly buy, sell, or transfer a digital ticket through a smartphone or computer as well as the assurance that you never have to worry about losing or misplacing your tickets.
FANS' STORIES
Stories from our fans and followers, of their encounters with scalpers.
To keep up with our progress, share your story, or to learn how you can join the fight against ticket scalpers and fraudulent tickets, please follow us on Twitter.