MINGO Introduces NFT-Based PDT System to Innovate the Ticketing Industry

MINGO, a digital wallet built on the Hedera Hashgraph network, introduces an NFT-based PDT (rogrammable digital ticketing) system to innovate the

MINGO, a digital wallet built on the Hedera Hashgraph network, is introducing an NFT-based PDT (rogrammable digital ticketing) system to innovate the ticketing industry.

The Web 3.0 company has been working on this ticketing solution since 2018, aiming to address critical issues in the ticketing domain, such as fraud, scalping and resale inefficiencies. MINGO’s solution has been trusted by leading names in sports and entertainment, thanks to its ability to deliver a secure and transparent ticketing experience.

MINGO’s native token MINGO is set to go live on Coinstore on Wednesday, December 18, 2024, and more exchanges including BitMart by the end of the year, marking another milestone in MINGO’s mission to drive Web 3.0 adoption.

These collaborations highlight MINGO’s scalability for large-scale events while enhancing the experience for both organizers and fans. Both the Boston Celtics and Comic-Con Ireland have used MINGO tickets for their recent events, showcasing the versatility and efficiency of the Web 3.0 ticketing solution.

For event organizers

MINGO tickets are fully customizable to meet the unique needs of each event and organizer. Organizers can create tiered ticketing structures, set dynamic pricing rules and integrate unique fan experiences.

With MINGO tickets, organizers can now:

Eliminate fraud and protect their events from unauthorized access and entry.

Reduce operational costs through efficient digital ticketing processes and fan engagement.

Generate new revenue streams by offering unique fan experiences and digital collectibles.

For attendees

MINGO tickets offer a range of benefits to attendees, enhancing their overall event experience. Attendees can now:

Securely store and manage their tickets digitally within the MINGO wallet.

Gain access to exclusive event content, experiences and rewards through NFT technology.

Benefit from faster entry into events with MINGO’s optimized scanning technology.

Built on Hedera – Security, efficiency and sustainability

As an early adopter, MINGO has been working with Hedera since 2018 demonstrating its long-term commitment to the network and the Web 3.0 space.

MINGO’s ticketing system is powered by the Hedera Hashgraph network, which enables low fees, high-speed transactions and energy efficiency. These qualities are crucial for a ticketing system that handles a large volume of transactions and aims to provide a sustainable solution.

Moreover, Hedera’s network is highly secure and can finalize transactions in seconds, making MINGO tickets an ideal choice for time-sensitive events.

Driving innovation in ticketing

MINGO’s NFT ticketing system combines practical, real-world applications with blockchain technology, offering benefits that traditional systems cannot match.

By eliminating fraud, protecting fans and creating new value opportunities, MINGO is setting the standard for event ticketing.

Joe Arthur, CEO of MINGO, said,

“We’re honored to work with leaders across sports and entertainment to address the challenges of ticketing. Our NFT-based system isn’t just about tickets – it’s about delivering unforgettable experiences to fans while adding value for organizers.”

About MINGO

MINGO is a digital wallet and NFT ticketing solution built on the Hedera Hashgraph network. Operating since 2018, MINGO offers secure, programmable digital tickets that eliminate fraud, protect fans and generate value for event organizers.

Trusted by leading organizations such as the WBC, Fight Circus and Comic-Con Ireland, MINGO is redefining ticketing for the digital age.

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Contact

Cillian Arthur, marketing manager of MINGO