Globally lauded celebration of all things music, EXIT Festival, has struck a ground-breaking partnership with Web3 ticketing company, NFT-TiX. Through a multi-year collaboration, NFT-TiX will provide ticketing services for the event, starting with upcoming EXIT festival, taking place from July 6-9 at the Petrovaradin Fortress in Novi Sad, Serbia.
According to EXIT, teaming up with NFT-TiX made sense given the many problems that plague the ticketing industry today. Some common issues include the existence of counterfeit tickets and black markets that overcharge buyers. Now, thanks to the ticketing platform, event goers can count on accessing their tickets in a secure, transparent, and convenient manner. The tickets come in the form of NFTs, with their information backed on the blockchain, making them easier to authenticate and trade.
Both partners envision these tickets as the future of the festival industry, with the potential to make a profound contribution to expanding the music NFT community. Apart from providing an immutable digital asset that guarantees entry, the NFTs will also grant holders exclusive access to a wide range of future gated content.
Take a spin around EXIT Universe! Our #EXIT2023 out-of-this-world lineup just got BRIGHTER!
All starry paths lead to https://t.co/sNb0VZlM8W w/ @the_prodigy | @Skrillex | @ericprydz | @Alesso | @WuTangClan | @dimitrivegas & @likemike | @chaseandstatus | @NinaKraviz & many more! pic.twitter.com/0e7YUMoLU4
— EXIT Festival (@ExitFestival) March 7, 2023
Ultra VIP Humanitarian NFT Tickets By EXIT
In addition to the standard NFT entry passes, the partnership will introduce ten exclusive “ultra-VIP humanitarian NFT tickets” priced at €10,000 each. These rare tokens offer event goers a truly unparalleled festival experience, complete with a personal host, meet-and-greet opportunities with various artists and performers, and access to the coveted VIP GOLD zones located on the festival’s main stage and dance arena.
Furthermore, holders will also receive onstage access to the exclusive dance arena, a chance to enter the infinite dance arena lounge, and the VIP Diamond area. On top of that, they will also be accommodated at the luxurious Leopold Hotel, with transportation from the airport to the hotel and festival grounds included. Overall, these ultra-VIP humanitarian NFT tickets offer an unparalleled festival experience that is truly unforgettable.
EXIT Continues to Expand its Web3 Horizons
The latest development is the result of a longstanding collaboration with the NFT-TiX platform. In July of last year, EXIT made headlines as the first major music event host to use blockchain technology for selling NFT tickets at one of its festivals. As a result of this groundbreaking move, the company was awarded the UK Festival Innovation Award, and was also shortlisted for the recently held Disruptor Award at the Ticketing Business Awards.
Not content with just pioneering NFT ticket sales, the company also launched three of its own NFT collections in collaboration with renowned names from the music industry. The first of these collections, called SHADEs, was created with the help of electronic music superstar, Maceo Plex. Secondly, ‘The WINGS Collection’ was designed in partnership with human rights activist, Christina Carmela. Rounding off the list, the HEADPHONES collection took a pivot into the world of high-end digital art.
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Basil is an avid fan of blockchain technology and all its innovations, and he is passionate about sharing this narrative with his audience. He has spent over five years in the crypto space, specializing in research and creating Web3 content for various media outlets around the globe.