During my 5 years in crypto I have learned to accept that a lot doesn't make sense. From vaporware being worth billions, "crypto influencers" promoting absolute garbage and people falling for it, bagholders believing that their projects will solve all world's problems to large players manipulating markets through mm's and projects with literally non-existing tokenomics being worth a lot of money because they're doing some stuff that sounds very cool.
I have learned to accept that everything revolves around a certain transitory narrative. A narrative that also doesn't come to be naturally.
But what still puzzles me after all those years is that no one, outside of a small circle, talks about GET protocol. Now you're probably wondering "why should we talk about it"? and "what's even GET protocol"? Let me introduce it in the shortest possible way I can:
- GET protocol is one of the most mainstream adopted crypto projects
- Everyone will be using GET protocol some years down the road
- GET protocol is a ticketing infrastracture that uses blockchain as one of its components
- GET protocol has a native token ($GET) that basically makes you a partial "owner" of the protocol
- GET protocol is on its way to be fully decentralized, governed by token holders
- GET protocol has completely eradicated ticket scalping
- Over 1,5 million tickets have been sold using GET protocol
- Thousands of tickets are being sold every single day using GET protocol
- GET protocol's success is directly correlated to the token (every ticket sold = profit for the token holders/DAO, which can be tracked on-chain).
- GET protocol is growing exponentially
If adoption is the confirmation of a use case then GET Protocol has plenty.
Now why should this matter? A few reasons:
- When investing in the crypto space, 4 pillars should be vital : use case, adoption, growth potential and tokenomics. GET checkmarks on all.
- We're all tired of Ticketmaster, Livenation,... and their practices. I don't think I have to explain them to any of you. GET solves all those issues through transparency, accountability and making tickets 100% scalp-free. This is a narrative everyone should stand behind and be talking about.
- The team is absolutely transparent & fair in everything they do. I have come to witness this from day 1. They don't use influencers, there are no vc's involved and they even refuse to waste development money on large exchange listing fees.
- GET protocol is not a blockchain company. GET protocol is a complete ticketing infrastracture, of which blockchain is one component
- GET protocol is one of a kind and it will be very hard to copy it
- I sincerely believe GET protocol powered tickets are the future
Why do I believe this? They offer so many advantages, just to name a few of them:
- no scalping/ticket fraud (already mentioned but an important one)
- direct interaction with the ticket holders
- dynamic price settings
- always knowing who owns the ticket at any given time
- control of the secondary market and setting resale rules
- all tickets are created as NFT's
This gives the possibility of claiming your ticket as a collectible, tertiary ticket trading market, fan engagement and event financing. This is an insane feature they're working on, which allows anyone to finance events of their liking for a profit (DeFi event financing). The NFT tickets are to be used as collateral - ...
The best part? It's a frictionless process. Your grandma can buy the tickets, pay with fiat, check out and that's it. Everything else happens in the background. The NFT claiming part is optional. Tracking the lifecycle of the tickets on their ticket explorer is also just optional. Knowing absolutely nothing about crypto is also an option.
It's important to know that GET protocol is not a ticketing company. It's a backend that is being implemented by new and existing ticketing companies. If you wish to implement it, you get everything you need to start selling digital, scalpfree, NFT tickets right away (the backend, a mobile app, a website, ...)
There are currently 11 ticketing companies that have decided to implement GET (in USA, Germany, Italy, Netherlands, ...). And everything points in the direction that there are countless of others on their way.
This is one of those exceptions in the crypto space that deserves a lot more attention. In my humble opinion of course.
Cheers!
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