GET update February ’20 — International expansion
We are proud to be able to announce the third user of the GET Protocol.
Welcome back! Let’s dive right in. What to expect from this blog:
Big news from Korea!
We proudly present: getTicket.Monthly Mentionables
What’s been going on?Blockchain update
Blockchain developer Kasper Keunen presents a lot of technical documentation about the workings of the protocol.Dev update
Product Owner Frans Twisk.
getTicket is bringing honest ticketing to Korea!
Introducing the third ticketing company to integrate GET Protocol.
Honest ticketing in Korea
We are very happy to introduce getTicket to the world. ‘getTicket’ is a newly formed joint venture, based in Seoul. It comprises of an entirely Korean team, from executives to (business) developers. After an extensive and fruitful period of moves behind the scenes, it is now almost time for the getTicket to open its doors and start selling tickets!
Mission & focus
The core focus is to bring honest ticketing to the Korean market, using GET Protocol’s ticketing infrastructure.
With direct guidance from the GET Protocol team, getTicket has been able to rapidly set up the necessary components to start issuing the smart tickets that have been used to end scalping and fraud for hundreds of events in The Netherlands.
Over the better part of a year — which included several visits, daily updates and one heavily used Slack channel — the getTicket team has positioned itself to enter the Korean ticketing market.
What to expect?
Not only the technical team of getTicket has been making strides; there has been significant progress made on the business development front. We expect to hear about their first events before too long.
In fact… The first K-Pop stadium shows will be sold this year already!
First one down, infinitely more to go
The founding of getTicket marks the first completed iteration of the GET Protocol whitelabeling process, where a large part of the required infrastructure of the ticketing back- & frontend are provided by the protocol, in order to assist in a quick and smooth road to market.
Now that the white labeling process is thoroughly completed and stream-lined, it can easily be recreated in any market worldwide.
This is a major advancement in the roll-out of the protocol, as it can now quickly become accessible for all parties who want to start — or improve — a local ticketing company, to issue smart tickets to new or existing clients.
Maarten Bloemers, founder of GET Protocol:
‘Over the 3,5 years since we have sold our first ticket, the team has put forth a world-class achievement. The fact that we are now getting recognition on a global scale makes me incredibly proud. However, our mission of becoming the worldwide standard for digital ticketing is nowhere near to complete. We won’t rest until we get there.’
Korean market fit
The Korean market is a perfect fit for the implementation of an honest ticketing system, seeing as there are constant issues with ticket scalpers and frauds, while there is little to no regulation in place that protects the fans.
‘Currently, unauthorized ticket trading constitutes a misdemeanor under the Minor Offenses Act, but only if it takes place on the scene — that is, offline. Online ticket brokers cannot be prosecuted under the law as it is currently written.’
Concert organizers and online ticketing companies have been working to regulate scalpers. However, with limited options, industry insiders have voiced the need for a proper solution. — Source.
This lack of regulation and protection comes at a time when the Korean music & event industry is growing at an astronomical rate. The huge rise of popular artists is creating more demand for new events and tickets.
This means that the arrival of getTicket is not a minute too soon! While the preparations for the first K-Pop events are underway, the plans to tackle the next market are already being developed.
The GET token & Exchanges
An important part of the workings of the protocol is the GET token. This is a utility token, which serves a valuable purpose as a type of fuel for the smart tickets that are issued by the protocol.
As our foothold and our community in Korea grows, we will also facilitate accessibility to the token and project news for Korean traders!
For every smart ticket that is issued using the protocol, GET is required to enable its features and usage. At the end of an event cycle, an amount of GET is ‘burned’ and taken out of circulation forever.
There is a lot more to be said about the tokenomics of GET; for this you can take a look on the token page of the GET Protocol website.
Currently the GET token is traded on the following exchanges:
- Liquid
- Hotbit
- IDEX
- Nocks
- DDEX
- New exchanges will be added to facilitate token accessibility and tradability for new traders and the new markets!
If you are not yet experienced with trading at these exchanges, or with buying crypto in general, the following blog walks you through it step by step.
Monthly mentionables
What else went down this month?
Holland’s most popular band, Kensington, sold three new shows with GUTS Tickets. Kensington and GUTS have joined forces once before, for the exclusive album release party of the band’s most recent release: ‘Time’, in 2019.
The sale for all three shows went live on 10AM local time on February 21st, and was sold out within 20 minutes.
Indie pop-band Chef’Special also selected GUTS for three big shows, in some of Holland’s biggest venues.
The venues for these shows:
- AFAS Live in Amsterdam
- Ahoy in Rotterdam
- Klokgebouw in Eindhoven
This is the first time the band has worked with GUTS — and hopefully the beginning of a long term collaboration!
GET Protocol partnered with Dutch crypto platform ‘LekkerCryptisch’. The website and community of LekkerCryptisch provide thorough and relevant news and commentary on all things crypto. Check out the GET Protocol partner page here.
Popular Dutch singer Guus Meeuwis announced another addition to his string of stadium shows, which will take place in June of this year. This addition, titled ‘Groots Junior’, is a kids special in partnership with Unicef.
General tickets for the stadium shows are still available on Guus Meeuwis’ website.
One of the many involved GET Protocol community members Deofex has updated his already very awesome activity explorer website. It now includes even more info & real-time stats about the usage of the protocol, such as:
It now includes trackable features such as:
- The amount of tickets sold & scanned in the last 24 hours.
- Daily totals of state changes on the protocol
- Ticket statechanges per events on the protocol
We highly recommend you take a look.
Our community is filled with awesome supporters, proven by the fact that community member Adnan has set up an insightful one-pager that lays out an excellent summary of the GET Protocol for anyone interested.
Click on the image to take a look.
As has been tradition recently we also did several AMA’s this month. Below are two recaps, if you missed them and would like to read back about.
Here is the summary from CryptoGEMS:
And here’s the one from Decentralized Club:
And here’s a quick overview, made by Generation Crypto:
Blockchain update
By blockchain developer
For the last couple of months, a lot of work has been poured into documenting our ticketing transparency standard. In the last hours, we have released several blogs on rather technical topics.
These instructions will be available on the GET Protocol Github as well. As this a more adequate location for technical specs. This will be done at the same time as the repositories with code will be opened.
An overview of the published blogs can be found below. Let us know if you have any thoughts, feedback or improvements.
Recently released documentation:
GET Protocol nodes
In the previous blog post, I briefly touched on the addition of nodes. Hereby I want to confirm that this is indeed in our roadmap. The first type of node is expected to be a Ticket Explorer Node. Even though we are very excited about this step we do want to pace community expectations. In the near future, we have several very demanding development tasks at hand (developments that by the way, are exciting in their own right, as one will soon find out).
As soon as we have clarity on the rollout details will be provided. Rest assured that these nodes will have a pivotal role in capturing value for the protocol and consequently GET.
Technical update
By GUTS Tickets product owner
.Whitelabeling
The product team has been working on several bigger things and a whole lot of small improvements. The bigger things mostly include making it easier for external ticketeers to start using GET Protocol by whitelabeling the front-ends apps we use at GUTS Tickets. In essence the GET Protocol consists mainly of the smart contracts, API and other backend code, but we are in the process of adding existing front-end applications to that stack.
This simply means external parties are able create their own look and feel of the ticket shop and wallet and start selling tickets even faster. This is a big epic to deliver but the first steps have been made for our partner in Korea.
Ticket sharing
Another change the team has been working on is making ticket sharing easier. When we first launched this feature more then a year ago we came up with very strict rules a user must meet in order to share tickets. We still believe in these rules, and the feature has been welcomed by many fans and organisers. We have learned though, that in some cases we might actually be too strict, and are limiting the usage of ticket sharing because of that.
Therefore we are currently experimenting with a simpler version we like to call “easy-sharing”. Instead of having to meet up, you can simply share a personal url through any medium to invite someone. All the other rules, like group limit, access to all tickets within that event, etcetera still apply. Certain events can make use of this more accessible feature, while others will keep using the more strict way.
Next to that we are completely redesigning and rebuilding the secondary market rules and UX, but more about that in a future blog.
More about GET Protocol
Have any questions or want to know more about what we do? Join our active Telegram channel here.
Our Korean Telegram channel can be found here, and the GET Naver page is here.
For any questions you might have, read our whitepaper, visit the website, join the discussion on the GET Protocol Reddit.
