The Launch of Box Office

On May 2, the world of ticket sales took a thrilling turn with the unveiling of the Box Office platform by SI Tickets, a subsidiary of Sports Illustrated. This self-service event management platform, powered by the innovative Polygon blockchain, aims to shake up the ticketing scene and make life easier for event organizers. Partnering with Web3 software titan ConsenSys, Box Office empowers hosts to create, manage, and promote live sporting events with little hassle.

Meet the Super Ticket

But wait, there’s more! In a move that could make the Avengers jealous, SI Tickets, along with ConsenSys, is crafting the “Super Ticket”. This digital marvel allows hosts to connect with attendees in new and exciting ways. Think highlights, collectibles, exclusive offers, and loyalty perks, all via NFT technology. SI Tickets CEO David Lane boldly states, “Blockchain is the future of ticketing,” and who can argue with that vision?

Your Ticket to the Future

With the Super Ticket, attendees are treated like VIPs. They can scan their NFTs for expedited entry, enjoy drink coupons, and even get access to music downloads before the event. Oh, and don’t forget the post-event goodies! Video content and rewards will keep the good times rolling even after the last encore. As advertised, “Guests will keep their tickets in their digital wallet forever,” so no more misplaced or ripped tickets!

Financials That Will Make You Smile

Launched in June 2021, SI Tickets boasts a staggering $2.5 billion in marketplace inventory—a true testament to its explosive growth. The platform is famously user-friendly, charging no transaction fees on purchases. However, if you’re an event organizer looking to use Box Office, you’ll incur a nominal fee of $1.40 and a 3% commission per ticket sold, along with 3% merchant pass-through fees. Quite a bargain for the level of service!

The Bigger Picture

In essence, the Box Office offering represents a significant change in how people engage with events. Gone are the days of flimsy paper tickets that only serve as a reminder of your fun memories—now, they come equipped with digital benefits that will last well beyond a single evening. Whether you’re an organizer looking to sell out stadiums or a fan hoping to snag some unforgettable experiences, SI Tickets’ Box Office has got you covered.