The Challenges of Creating NFT Tickets Before Belong
Before Belong, creating NFT tickets was a complex and often daunting process.
Here are some of the key challenges faced by event organizers, accompanied by
real-life examples:
Smart Contract Development: Creating NFT tickets required the expertise
of smart contract developers. These developers were tasked with writing and
deploying code on a blockchain network, a process that is costly,
time-consuming, and requires specialized knowledge. For instance, a small
indie music festival in 2020 struggled to find and hire a skilled developer
to create NFT tickets, ultimately delaying the event launch and incurring
additional costs.
Building Landing Pages To sell the NFT tickets, event organizers had to
create dedicated landing pages, which required web design and development
skills. A regional tech conference faced difficulties designing a visually
appealing and functional landing page, leading to a suboptimal customer
experience and hindering ticket sales.
Connecting Payment Gateways To accept credit card payments, event
organizers had to integrate payment gateways, a process that involved
dealing with APIs, security considerations, and often, compliance
requirements. A local art exhibition intending to use NFT tickets
experienced technical difficulties when trying to connect a payment gateway,
resulting in a loss of potential ticket buyers.
Custody Risks The custody risks often stemmed from bugs in smart
contracts that allowed hackers to access the treasury. A virtual reality
event in early 2021 fell victim to a smart contract vulnerability, leading
to the theft of NFT tickets and funds, damaging the event's reputation and
causing financial loss.
Reputational Risks Any vulnerabilities in the smart contracts could
lead to hacks, resulting in reputational damage and financial loss for the
event organizers. A film festival in late 2020 faced backlash after a smart
contract vulnerability led to counterfeit NFT tickets, undermining the
festival's credibility and causing chaos at the entrance.
Belong role in NFT Ticketing
Belong, a registered Delaware company with a fully doxxed team and top-tier
investors on board, has revolutionized the process of creating NFT tickets,
eliminating these complexities and making the process accessible to everyone.
How Belong Solves Each Step
Automated Smart Contract Creation Belong automates the creation of
smart contracts, eliminating the need for specialized knowledge and
significantly reducing costs and time.
Integrated Landing Page Builder Belong provides a user-friendly landing
page builder, enabling event organizers to create sleek, professional pages
without any coding or design skills.
Seamless Payment Gateway Integration Belong integrates credit card
payments seamlessly, making it easy for customers to buy NFT tickets. Plus,
it supports dozens of crypto wallets and both Polygon and Ethereum networks
for crypto enthusiasts.
Secure Wallet Management: Belong manages wallet creation and custody,
providing peace of mind for event organizers and attendees. Users can sign
up with their Apple, Google, or Discord account for background wallet
creation.
Top-Notch Security Belong's platform has passed independent security
audits resulting in a perfect score, reducing exposure to potential
vulnerabilities and protecting the brand image of businesses.