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The NFT ticketing system is a type of digital ticket that is produced, built, and stored inside blockchain networks for later use. Non-fungible tokens are used to represent the digital ticket (NFTs). Users can purchase NFT tickets using fiat currency or a cryptocurrency and utilise them to gain entry to events like conferences, concerts, and summits.
The event organiser will get a royalty fee when NFT tickets are resold on third-party markets if the user is unable to attend the event or want to resell them. To prevent maximal spending, event planners can set price ceilings for the tickets.
Read: https://www.turnkeytown.com/nft-ticketing-marketplace-development
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