The joint effort between Immutable X and GET Protocol will lead to the development of a platform dedicated to the resale of tickets.
GET Protocol and Immutable X This collaboration will focus on launching a marketplace for secondary ticket sales.
GET Protocol stands out in the NFT ticketing sector as a leader, having sold around 2 million tickets on the blockchain for notable artists like Gucci Mane and UB40.
GET Protocol has strategically partnered with Immutable X, recognized as an Ethereum Layer 2-based NFT marketplace, which is also utilized by platforms like GameStop, VeVe, and Rarible. The marketplace benefits from StarkWare's transformative technology, ensuring rapid trade confirmations and exceptional scalability.
The main goal of this collaborative initiative is to assist GET Protocol in integrating a billion users into the Web3 environment. Their strategy includes implementing a Fiat on-ramp, and the resale of NFT tickets will be both gas-free and fully carbon-neutral.
Robbie Ferguson, co-founder of Immutable X, stated, 'We’re collaborating with GET Protocol to revolutionize ticketing by enhancing transparency, security, and liquidity across the industry. Soon, every ticket holder will have the capability to mint and exchange NFTs at remarkable speeds on Ethereum, without the hindrance of gas fees.'
The development of this platform is currently underway, but the partners have yet to reveal a specific launch timeline.
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