Get Protocol, the leading solution for NFT ticketing, has announced that it is partnering with Immutable X to create a secondary market for NFT tickets. This market will absolutely on chainbut it will also include a Fiat on-ramp to make using Web 3.0 easier for novices.
A partnership between two NFT ticket giants
The GET protocol aims to solve the problem of ticket fraud and hijacking by using blockchain technology. The company says hundreds of thousands of smart tickets have been sold using the protocol for events in Europe and Asia. A technology that has been talked about a lot since the scandals linked to counterfeit tickets during the Champions League final in Paris.
Immutable X is an L2 scaling solution for NFTs on Ethereum, with instant exchanges, massive scalability and zero gas fees for the mint and exchanges. In addition, Immutable X offers shared security with the Ethereum mainnet, its value is estimated at around $2.5 billion.
During an interview on the channel NFT Evenings youtubeImmutable X co-founder Robbie Ferguson to discuss the upcoming project being developed with Get Protocol.
” We are on a mission with GET Protocol to bring unparalleled transparency, security and liquidity to the global ticketing industry for everyone… All ticket holders will soon be able to mint and trade NFTs at incredible speed and without gas fee limitations on the world’s leading open-source blockchain, Ethereum. »
The future is gas-free
Immutable X and Get Protocol are therefore working on a future gas-free on a large scale, after many mint problems with the ETH blockchain due to the mind-blowing fees, projects and especially large-scale projects must be free of charge.
The blockchain is based on the principle of transaction, everything is transaction. Recognize a token, sign a contract, mint an NFT, everything happens through a micro-transaction. Companies like Mintverse are also thinking about the future of NFT and how to transform this economy
Although we are already moving in this direction, much remains to be done. Paying micro sums for each transaction is acceptable, but not optimal. It’s also very counter-intuitive when you explain this to someone outside of web 3.0.
So we need to revisit some fundamentals and one of those pillars and the way we create, trade and use NFTs. If everything becomes NFT, then everything around this world must be simplified. Let’s not replace the “service fees” used by Web 2.0 companies with gas fees, the future of Web 3.0 must be accessible to everyone without limits.
This collaboration between Immutable X and Get Protocol is still in the development stage, but they are showing us which direction to go. Bored Ape are interesting for a niche, but adoption only happens through an offer eco-friendly, gas-free and utility.
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Passionate about geopolitics, economy, cryptocurrency, Eurasia and travel! (as far east as possible), crypto-trader for 4 years.
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Get Protocol will launch its NFT marketplace on Immutable X
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