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About SeatlabNFT
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Token Supply:
845,000,000 -
Founders:
Ryan Kenny (Founder/Managing Director) and Jack Waterfield (Founder/Creative & Community Director)
Overview of SeatlabNFT:
SeatlabNFT is an NFT event ticketing marketplace that uses NFT technology to increase connectivity between artists, fans, event organizers, and brands. The platform aims to eliminate fraud and reduce the impact of scalping in the live events industry.
Goals:
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Incentivise and Reward Fans:
Collectable assets can be airdropped
About SeatlabNFT: Unlocking the Future of Digital Collectibles
Introducing SeatlabNFT (SEAT): A Revolutionary Digital Asset
A pioneering NFT event ticketing marketplace empowering artists to cultivate deeper connections with their devoted fanbase, while simultaneously eradicating fraudulent activities and mitigating the detrimental effects of scalping.
The Circulating Supply of SEAT Coins: A Closer Look
The maximum token supply is capped at 845,000,000, which is also the total token supply.
The Visionaries Behind SeatlabNFT: Meet the Founders
A Comprehensive Overview of SeatlabNFT:
SeatlabNFT leverages NFT technology to foster deeper connections between artists, fans, event organizers, and brands. By doing so, we craft a more immersive experience for event attendees, while empowering artists to cultivate meaningful relationships with their fans by recognizing and rewarding loyalty and event participation.
The live events industry, often driven by profit motives, is marred by the scourge of touts and dehumanized by the proliferation of bots; we are pioneering a novel system that reinvigorates the essence of attending live events, refocusing on the experiential and the human connection.
Built atop the NEAR Protocol blockchain, our platform is poised to revolutionize the event ticketing industry by eradicating fraud and drastically mitigating the pernicious effects of scalping. By tokenizing tickets and regulating their utilization through smart contracts, we ensure seamless predefined royalty splits.
Upon minting a ticket, artists and event creators are empowered to designate a percentage of revenue from subsequent secondary sales, thereby mitigating the detrimental effects of ticket scalping and redirecting secondary revenue back to its rightful owners – the artists and event organizers.
Our Visionary Objectives
Incentivizing and Rewarding Devoted Followers
Collectible assets can be airdropped to ticket holders’ digital wallets at any stage, whether prior to, during, or following the event. Sellers have the option to attach enigmatic NFTs to specific ticket types, which are only revealed post-event, thereby fostering ongoing engagement with fans while the excitement of the experience is still palpable. These unique digital assets could comprise event-exclusive media, such as images, videos, or even live audio recordings, which can be treasured as keepsakes or resold as coveted collectibles, enabling fans to derive tangible value from their event attendance.
Fortify Against Fraudulent Activities
An NFT serves as unequivocal proof of ownership for an event ticket, with its validity readily verifiable on the public ledger, thereby granting the holder seamless entry to the event. By virtue of NFT and blockchain technology, the individual possessing the NFT ticket in their mobile wallet is, without a doubt, its legitimate owner.
Mitigate the Adverse Effects of Touting and Scalping
We’re empowering artists with the tools they need to regain control. By minting NFT tickets on our platform, artists and promoters can establish bespoke conditions, including royalty splits and price ceilings, to dictate the terms of ticket resale and usage beyond the initial sale.
A Thriving and Transparent Secondary Market Ecosystem
A thriving secondary ticketing market is essential for most events, as it accommodates the inevitable changes in plans and enables event-goers to resell their tickets with ease. Furthermore, it provides fans with an opportunity to acquire previously sold-out tickets. The innovative tools we’re offering empower artists with an unprecedented level of control over the secondary market.
In accordance with prevailing practices in the NFT art realm, the SeatlabNFT platform empowers artists to embed royalty split conditions into NFT tickets at the time of minting. Consequently, a predetermined percentage of the resale value is automatically redirected to a designated wallet (or multiple wallets, in cases where multiple parties are entitled to royalties).
This unlocks a novel, previously unexplored revenue stream. The creation of NFT collectibles and digital merchandise presents a lucrative opportunity to generate supplementary income. When airdropped to ticket holders as incentives and rewards, these unique assets can be resold on the open market, thereby generating additional revenue. Furthermore, if the issuer establishes royalty splits when creating these assets, the designated beneficiaries will receive a percentage of the resale revenue, ensuring a continuous stream of income.
Additionally, sellers have the opportunity to craft unique NFT collectibles and digital merchandise, which can be sold independently alongside their tickets, thereby providing an alternative revenue stream.
The Multifaceted Utility of Tokens
The $SEAT token serves as the utility token of the esteemed SeatlanNFT platform, empowering a seamless user experience.
Participate in Staking and Unlock Passive Income Opportunities
Participating in staking on SeatlabNFT is entirely voluntary, yet accessible to all holders of our token. Similar to the other privileges afforded to $SEAT holders, staking rewards are structured to incentivize larger investments, with payouts scaling accordingly.
By actively participating in the SeatlabNFT ecosystem through staking $SEAT, users will be entitled to a share of the revenue generated from the 6.5% booking fee levied on all purchases, with a guaranteed 2.5% of the platform’s total revenue allocated to stakers.
Naturally, the revenue a user receives is directly proportional to the quantity of $SEAT tokens they choose to stake.
Exclusive Booking Fee Discount
Holders of $SEAT tokens enjoy a tiered discount on booking fees, directly correlated to their $SEAT holdings. To safeguard $SEAT staking payouts, any reduction in booking fees is absorbed by the treasury’s share of the revenue, thereby ensuring that staking rewards remain intact.
Reward Hub
Beyond the aforementioned advantages, $SEAT holders will also gain privileged access to an elite Rewards Centre, replete with exclusive benefits.
By merely holding our token in a wallet linked to SeatlabNFT, users will
accumulate points, redeemable through the Rewards Centre, conveniently
accessible via the user dashboard. This exclusive hub grants $SEAT holders
access to a diverse array of premium benefits.
There are three distinct tiers of points that can be earned: Sapphire, Gold, and Holographic. The type of points accrued is contingent upon the quantity of $SEAT tokens held in your wallet. Holographic represents the pinnacle, Gold the intermediate, and Sapphire the foundational tier. By maintaining a specified quantity of $SEAT tokens in your wallet for a 30-day period, you will earn one of these points, redeemable for a reward from the corresponding rewards pool within the Rewards Centre.
SeatlabNFT Boasts a Range of Innovative Features:
Listing Events and Minting Tickets: A Comprehensive Guide
Upon approval of your seller’s account, the process of listing events and minting tickets is remarkably streamlined, condensing into a few effortless steps. The inaugural step involves furnishing the fundamental particulars of your event, including its title, date, time, accompanied by a more detailed description, thumbnail, and cover photo. Should you opt to toggle on the virtual event switch, the venue location field is seamlessly replaced by a URL field.
Next, you’ll be prompted to configure the various ticket types you wish to offer, specifying the quantity and establishing any applicable royalty splits. Additionally, you’ll have the option to enable or disable the resale feature.
The NFT tickets offer unparalleled customizability and brandability, akin to NFT artwork. Artists and event organizers are afforded the creative freedom to design them as they see fit. The seller dashboard provides a comprehensive platform to tailor the aesthetic appeal of your NFT tickets, allowing for meticulous customization of every detail, from the background image to the overlay colour.
Each ticket type can boast a unique design, allowing them to distinctly stand out from one another.
Minting NFT tickets on the SeatlabNFT marketplace is a seamless process that can be accomplished in mere minutes, and at no cost. We waive platform fees for ticket issuance, and the minimal gas fees are absorbed by the Treasury.
Royalty Distribution Models
A pivotal aspect of the SeatlabNFT platform is its capacity to facilitate royalty splits. This innovative feature enables sellers to designate one or multiple beneficiaries, who will receive a predetermined percentage of any future resale revenue generated from secondary market sales. Furthermore, the platform allows for the setup of multiple royalty beneficiaries, which can be assigned to distinct ticket types as required.
Airdrop Opportunities
Sellers can bestow exclusive privileges upon ticket holders through airdrops. Within the dashboard, sellers can access a comprehensive overview of all their events, alongside a detailed list of current and past ticket holders for each event. Furthermore, they can create unique NFTs from a diverse range of digital media, including images, videos, audio records, and more, and airdrop them to holders of specific ticket types. Notably, these NFT airdrops can be configured to include royalties, ensuring that beneficiaries receive a percentage of all future resales on the secondary market. Airdrops can be targeted at current ticket holders, past and present ticket holders, or scheduled for a later date, offering unparalleled flexibility.
Curated Collectibles
Beyond the allure of free airdrop incentives, artists and event organizers can craft standalone collectibles to complement their NFT tickets, encompassing a diverse range of digital treasures such as audio files, videos, images, and graphic assets.
Comprehensive Insights and In-Depth Reporting
The main dashboard provides sellers with a comprehensive overview of ticket sales and revenue, offering a granular breakdown of data by event and ticket type, encompassing both primary and secondary sales. Additionally, sellers can access a detailed transaction history for each ticket, including the number of times it has been resold and the corresponding sale prices for each transaction.
Immersive NFT Marketplace Experience
Our comprehensive marketplace provides a unified platform for users to mint and sell NFT tickets, collectibles, and execute airdrops with ease. Furthermore, we are cultivating a thriving secondary market where buyers and sellers can seamlessly transact a diverse range of NEAR-based NFTs.
Secondary sellers have the autonomy to establish their own ask prices, while buyers are afforded the flexibility to either accept the listed price or submit a bid of their own. Furthermore, both parties have unfettered access to the comprehensive transaction history of an asset, thereby enabling them to swiftly discern patterns of historical price appreciation.
Fees Associated with Our Platform
Listing events, minting NFT tickets, and selling them on the SeatlabNFT platform is perpetually complimentary for artists and event organizers. Leveraging NEAR’s blockchain architecture, gas fees for high-volume NFT minting are remarkably low. Moreover, our treasury absorbs the full cost of any negligible gas fees incurred, and we waive platform fees for sellers.
Buyers – By default, a 6.5% fee is levied on every purchase, although this amount is mitigated for buyers who hold $SEAT tokens, thereby enjoying a more favorable transaction experience.
For sellers, we offer a unique advantage: zero fees for selling NFT tickets on our platform, ensuring you reap the full benefits of your digital creations.
We do not impose a fee for minting NFT tickets, and the minimal gas fees are graciously covered by the SeatlabNFT Treasury, ensuring that creating tickets remains absolutely free of charge.
Ryan Kenny – Founder and Managing Director
Ryan has been at the forefront of the blockchain space since 2012, cultivating an unparalleled understanding of the transformative potential of this groundbreaking technology. Prior to this, Ryan spearheaded a web development and marketing agency for five years, collaborating with an impressive roster of esteemed clients, including some of the most recognizable household names.
In tandem with his other endeavors, Ryan has spearheaded a multitude of digital marketing campaigns tailored to the live events industry, collaborating with esteemed brands such as McFly, Sean Paul, Craig David, UB40, The Libertines, Coombe Weekender Festival, and numerous others.
In collaboration with his long-time business partner Jack, the two visionary entrepreneurs co-founded and successfully operated a bespoke software development company, crafting tailored B2B commercial software and applications for a diverse array of industries, ultimately paving the way for the creation of Seatedly.
Jack Waterfield – Founder, Creative Visionary & Community Ambassador
Jack, a visionary creative director, boasts an impressive tenure of over a decade in the realms of design and development. As the co-founder of a thriving web development and marketing agency, established in tandem with his business partner Ryan Kenny, Jack has had the privilege of collaborating with an array of esteemed brands, including Pepsi, the UK Government, Holland & Barrett, Wembley Arena, FREEMAN EMEA, and many more.
As a seasoned community manager, he has successfully cultivated a devoted following across multiple online platforms for several blockchain projects. As a recording artist himself, he intimately understands the challenges plaguing the ticketing industry and is uniquely equipped to devise innovative solutions that guarantee a fair and seamless experience for all stakeholders involved in attending events and purchasing tickets.