Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) said on Friday it is developing a blockchain-based software-as-a-service (SaaS) ticketing platform aimed at the global event industry, including concerts, conferences, trade shows and festivals.
The platform’s core feature, the “Event-Token,” will serve as both a secure, verifiable ticket and a tradable digital collectible, enabling fraud prevention, secondary market sales, and post-event engagement, the company said.
Organizers will be able to track ticket ownership on-chain, receive royalties from secondary sales, and access analytics tools for audience engagement. Attendees will have the option to collect, trade or resell their Event-Tokens through approved marketplaces.
The company cited Mordor Intelligence data valuing the global event ticketing industry at over $85 billion annually, with rising demand for secure and flexible ticketing systems.
Nextech3D.ai said it plans to launch a minimum viable product in the fourth quarter of 2025, with pilot events, and integrate the platform into its Map D event suite. An application programming interface will also allow it to function as a standalone product.
“The Event-Token changes the game for both organizers and attendees,” Chief Executive Evan Gappelberg said in a statement.
“We are building a platform that not only eliminates fraud but creates an entirely new layer of value through tradable digital collectibles and ongoing engagement. By combining blockchain technology with our existing event solutions, Nextech3D.ai is well positioned in the global ticketing industry.”
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