TicketMe has been minting ten thousands of event tickets on Polygon but is reaching the blockchains limits, especially in terms of variable gas prices, and wants to move to Cardano instead.
This is the total amount allocated to Bring TicketMe most successful Japanese NFT Ticketing company to Cardano.
TicketMe,the largest NFT ticket platform in Japan, will use Cardano to build a globally available and stable NFT ticket platform to prevent fraudulent resales and return resale proceeds to organizers.
We use Microsoft Azure in the background to build our applications. We will also use Stripe as the payment method.
Currently we have permission from both organizations for this build on Cardano.
Since it will use part of the service we already provide on Polygon, the off-chain part cannot be made public for the security protection of the service.
However, the on-chain part is particularly important for this project, and we will release it as open source.
Problem Recognition
Approximately $30 billion worth of tickets are in circulation worldwide, of which about $10 billion are illegally resold. Organizers are losing revenue due to this unauthorized resale. It is particularly difficult to identify the resellers because it is difficult to clearly identify the purchasers.
In addition, Polygon, which TicketMe is currently using, has a gas fee that fluctuates depending on the congestion in Poygon Chain, making it difficult to provide a stable structure for the increasing volume of tickets sold in the future.
Contribution to the Cardano Ecosystem
This project is proposed as a way to promote Cardano through the sale of event tickets. The Cardano blockchain is expected to enable secure and transparent ticket transactions and contribute to the expansion of Cardano's active user base. Cardano's active user base.
Approach and Rationale
The NFT ticket is our proprietary technology that prevents resale after event admission, provides proof of visit after purchase, and eradicates fraudulent resale. This technology is our invention, the "Token Transfer Lock Control Program," and is protected in Japan as Patent No. 7372712.
Patent overview image
This increases the transparency of ticket purchase and ownership and returns profits to the organizer. It also implements a user ranking system on the Cardano Chain to analyze relationships among users and identify fraudulent resellers.
Project Involvement Targets
A team of engineers under the CTO of TicketMe, Inc. will be responsible for the implementation of this project. They will design the architecture of the service and contribute to the project by writing code.
Proof of Impact
During the initial phase of the project, Cardano Ticket will be used at a 5,000-person event in Japan. Through this implementation, the project will be declared successful when more than 10,000 NFT tickets have been issued.
Provide value to the community
This project will dramatically increase Cardano's user base and increase blockchain transaction activity through event tickets.
Events will help promote Cardano because they will attract the attention of cryptocurrency enthusiasts as well as the general public. In addition, it serves as a means of identifying wallets held by real people and addresses the problem that exists with many bots. NFT tickets that are used in events serve as proof that the person is an actual, existing user.
Measuring Impact
The success of the project will be measured through the implementation of Cardano Ticket at a 5,000 person event and the issuance of over 10,000 NFT tickets. Having previously implemented this at Polygon for events of over 12,000 people, we are confident that similar results can be achieved on Cardano.
Sharing of Deliverables and Opportunities
Project outcomes and opportunities will be disseminated through videos documenting the actual event and implementation. These videos will be uploaded to platforms such as YouTube and Vimeo and shared through Cardano related community forums and social media. This approach allows developers and the general public to see first-hand the practicality and results of the project and encourages interest and participation in the Cardano ecosystem.
We have been working on the NFT Ticket project for nearly two years now and have sold event tickets for many major Japanese event operators.
We have also completed nearly 220 million yen in funding from SoftBank Group corporate venture capital and other sources, and have sufficient internal risk management in place.
TicketMe Executives
Milestone 1: System Design and Initial Development
A: Milestone Outputs
B: Acceptance Criteria
C: Evidence of Milestone Completion
Milestone 2: Development and Prototyping
A: Milestone Outputs
B: Acceptance Criteria
C: Evidence of Milestone Completion
Milestone 3: Full-scale Development
A: Milestone Outputs
B: Acceptance Criteria
C: Evidence of Milestone Completion
Milestone 4: Live Testing and Final Adjustments
A: Milestone Outputs
B: Acceptance Criteria
C: Evidence of Milestone Completion
Milestone 5: Full Project Deployment and Evaluation
A: Milestone Outputs
B: Acceptance Criteria
C: Evidence of Milestone Completion
Final Milestone: Enhancing Community Engagement
A: Milestone Outputs
B: Acceptance Criteria
C: Evidence of Milestone Completion
The development of our new ticketing service will be undertaken by a dedicated team of four engineers from TicketMe, Inc. These individuals are not new hires but seasoned professionals who have played integral roles in the development of existing services at TicketMe. Their expertise spans software development, system architecture, blockchain technology, and cybersecurity, ensuring a well-rounded approach to building a robust and scalable ticketing system.
Development Team Composition:
Lead Software Engineer: Focuses on the overall system architecture and integration with the Cardano blockchain. Responsible for leading the development efforts and coordinating with other team members to align the software development with strategic objectives.
Blockchain Specialist: Specializes in blockchain technology and smart contracts. Responsible for implementing secure, efficient, and scalable blockchain solutions specifically tailored to NFT ticketing and verification processes.
Front-End Engineer: Focuses on the user interface and user experience aspects of the ticketing system. Ensures the ticket purchase and management processes are user-friendly and accessible across various devices and platforms.
Back-End Engineer: Manages server-side logic and database management. Ensures all data flows securely between the server and users' devices and that the system can handle the scale required for large events.
Following the development phase, our implementation team will consist of two experienced salespeople from TicketMe, Inc., who will oversee the deployment of the system at a significant event hosting approximately 5,000 attendees. This event will serve as a crucial test and showcase of the ticketing system's capabilities.
Implementation Team Roles:
Senior Sales Manager: Leads the project implementation phase, liaising with event organizers to ensure that their needs are met and that the system's deployment aligns with event logistics. Responsible for the overall project management during the event.
Sales and Customer Support Specialist: Provides on-ground support during the event, assisting attendees and addressing any issues with ticket scanning and verification. Also gathers feedback directly from users to inform future improvements.
1.Personnel Costs:
2. Third-Party Services and Licenses:
3. Hardware and Infrastructure:
4. Marketing and Community Engagement:
5. Project Management and Documentation:
6. Miscellaneous and Contingency:
Total Estimated Budget:
Notes on Budget Management and Additional Funding
Third-Party Products/Services Details
Justification of Costs:
Value for Money:
The project represents excellent value for money for several reasons: