What Is the GET Protocol (GET)?
According to the GET Protocol website, the platform is a digital ticketing infrastructure provider. GET Protocol believes that every ticket has latent potential. Users can learn what their tickets can accomplish using the GET Protocol. Users can easily use the latest technology and reap the benefits of digital NFT ticketing on the blockchain. The GET Protocol claims to assist anyone who issues tickets worldwide using recent technology advancements. The GET Protocol's goal has been to design products that prioritize the end user, giving all of the benefits of blockchain and NFTs while keeping all of the complexity hidden behind the scenes. All the GET Protocol tickets are recorded on the blockchain and can be seen in real time.
The GET Protocol primarily offers two products. First, ‘White-Label’ tickets are digital and programmable, seeking to allow customers to have complete control over the lifecycle of a ticket. They can set the rules for ticket pricing and (re)sales. As mentioned on the website, white-label seeks to provide a toolset that benefits customers with all the capabilities they need to get started with whatever event they have planned, from setup to long-term maintenance. Besides this, to assist ticket buyers throughout their journey, many facilities are available in the GET Protocol's white-label, like a custom branded ticket wallet app, web application, 24/7 dashboard, access to support manuals, and a support team.
The second product, ‘Digital twin,’ was created for existing ticketing companies who want to use NFTs and blockchain to improve their ticketing. The digital twin aims to require no significant integration and cause no harm to current ticketing operations. Users can make NFT copies of their existing and future tickets using a simple procedure. For starters, these can be used as fan incentives and souvenirs.
Furthermore, GET is an ERC-20 token on the Ethereum and Polygon blockchains that fuels all tickets processed through the GET Protocol. The GET economics was designed to facilitate on-chain transparency of value flows and activity while also seeking to provide a clear and straightforward price mechanism. The amount of the GET tokens required per ticket changes depending on various criteria, like the cost of the ticket, the issuer of the ticket, and the complexity of ticket requirements.
History of the GET Protocol (GET)
The GET Protocol was launched in 2016.
