Luthfi Hadi

Ticket Counterfeiting & Fraud: By utilizing NFT technology on the Lisk blockchain, each ticket is a unique, verifiable token that cannot be duplicated or forged. Our dynamic QR codes with cryptographic challenges provide an additional layer of security for event entry. Ticket Scalping & Price Gouging: Our controlled secondary marketplace implements anti-scalping measures with configurable maximum markup percentages set by event organizers, ensuring tickets remain affordable and accessible to genuine fans. Complex Verification Processes: The blockchain-based verification system eliminates the need for paper tickets or complicated verification procedures. Attendees simply present their dynamic QR codes, which are cryptographically secured and regularly updated to prevent screenshots from being shared. Lack of Transparency: All transactions—from initial sales to resales—are recorded on the Lisk blockchain, creating a transparent history of ownership and pricing that benefits both organizers and attendees. Limited Control for Event Organizers: Organizers gain unprecedented control over their tickets throughout their lifecycle, including setting resale rules, receiving royalties from secondary sales, and accessing real-time sales analytics. Payment Complexity: Integration with IDRX stablecoin simplifies the payment process while providing stability against cryptocurrency volatility.