A former Grubhub executive has secured $6.2 million in funding to build a game-changing platform for the ticketing industry. The idea is to completely transform how people buy and sell tickets for sports, concerts, and live events. Using a mix of blockchain and AI technologies, the platform aims to fix common problems in today’s ticketing world such as fake tickets, unfair pricing, and lack of transparency.
Blockchain helps create a secure and tamper-proof record of every ticket, while AI works in the background to improve pricing, detect fraud, and streamline the overall buying experience. In
1. XP’s Vision for the Ticketing Industry
- Integrates blockchain technology to combat ticket fraud and scalping.
- Users can receive personalized event recommendations thanks to AI.
- Focuses on sports, entertainment, and live experiences.
2. Key features of XP
- XP Sell Tickets Facilitates ticket sales for event organizers.
- Facebook Live provides real-time event updates and ticket tracking.
- XP entertainment includes access to concerts, theatrical productions, and other entertainment events.
- HP Sports offers streamlined ticketing for sports enthusiasts.
- XP XYZ coupon code: Special discounts for early adopters and regular clients.
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3. Funding and Growth Plans
- Venture finance investors lead the $6.2 million fundraising round.
- Plans are in place to extend platform functionality and worldwide reach by 2025.
- Concentrate on the user experience and secure, transparent transactions.
“Our goal is to redefine how fans experience live events,” explained XP’s creator. “By combining blockchain and AI, we ensure every ticket sale is secure, transparent, and convenient.”
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