What is GET Protocol?
The GET protocol is a blockchain-based platform that offers digital ticketing services. The protocol makes use of blockchain technology to address issues such as ticket fraud and scalping. The project has issued more than three million tickets for large and small-scale events globally.
The GET Protocol believes that every ticket has hidden potential that it is helping to discover. It allows users issuing tickets to leverage the latest technology and benefit from NFT ticketing on the blockchain network. The primary goal of the platform is to prioritize the end user by offering all benefits of blockchain and NFT technologies in ticketing while keeping all the associated complexities behind the scenes.
The protocol records all the tickets on the blockchain, making them immutable and transparent. Users can view and verify the tickets in real time. The protocol offers two main products:
- White Label Tickets. These are digital and programmable tickets that allow users full control of their tickets. Users can customize rules for their tickets such as pricing, discounts, resale, and other features. Other facilities available under the GET protocol's white label include a custom-branded ticket wallet app, an all-time active dashboard, a web application, access to the support manual, and a 24/7 support team.
- Digital Twin. This product is designed for the existing ticket companies looking to improve their ticketing using NFTs and blockchain. The product allows seamless integration into the current ticketing operations. It enables users to make NFT copies of their existing tickets. Also, digital twins can be used as fan incentives and souvenirs.
The entire GET protocol ecosystem is powered by GET, an ERC-20 token built on the Ethereum and Polygon blockchain networks. GET price is available on the live chart above.
Use Cases of GET
GET is the native token that fuels the tickets processed on the GET protocol. GET Protocol coin facilitates on-chain transparency of value flows and activities. It also provides a clear and simple price mechanism within the ecosystem. Customers can use the GET Protocol token to pay for products on the platform.
GET holders also have voting rights over the use of GET tokens collected as fees for using the protocol.
The GET protocol price is influenced by fluctuations in market conditions, which means that the token can be volatile, just like crypto assets. Therefore, researching GET prices before buying and selling may help you make an informed trading decision.
Who are the Founders of the GET Protocol?
A team of developers from the Netherlands founded the GET protocol in 2017. The company is headquartered in Amsterdam, North Holland. Ivo van der Wijk is the founder of the GET Protocol. Ivo van der Wijk is a tech enthusiast, currently focusing on blockchain technology, especially Ethereum's smart contracts. He is an ICT entrepreneur who has founded and led other tech projects before.
Tokenomics of GET
GET Protocol crypto project has no max supply set. However, the token economy of the project is designed to prevent undesirable inflation that may affect the GET Protocol price. This includes channeling the used GET to the protocol’s DAO and allowing the members to vote on how to use them.
