#fraud-proof tickets
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fuck-customers · 4 months ago
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I caught a coworker of mine, who has been causing everyone in the department (and also upper management) all sorts of problems for literal years, using managerial permissions to commit fraud.
I wouldn't have thought to pay attention if she wasn't a shifty jerk, and I probably wouldn't have cared if her pulling stuff like this didn't frequently and consistently cause problems for myself and my other coworkers. She's tried to throw all of us under the bus for her nonsense at least once.
The issue is, nobody has been able to prove she's doing it. She invents sale prices, voids things she shouldn't, steals and scalps merchandise, gives special discounts to her friends, etc. But "nothing" could be "proven" (aka our loss prevention department never bothered because they'd rather chase down innocent shoppers who look suitably shaggy or dirty or not white, which is a whole other story).
Well. I finally managed to get proof. Photos, a date and time to check the cameras, even a reprinted receipt of the transaction with her name on it, plus pictures of the indicated merchandise to prove she more than halved the price of high–ticket items in addition to what their actual sale was.
So explain to me why the loss prevention manager is telling me that what I submitted literally does not COUNT as proof? Spending two minutes on the camera to confirm will show that it happened, AND that the customers she rang up set off the door alarm. A door that was supposed to be locked to customers at the time, that she opened specifically for them, presumably so they wouldn't get receipt–checked at our open door. It would also show all the voids she rang up that should have demanded an override, but didn't, meaning she used her own override to authorize the changes.
I'm not sure what to do besides escalate, because that employee needs to go. Everyone agrees that she does. But I'm worried that doing so will just mark me as the problem employee between the two of us. Even the managers don't care, and are letting her still work the registers.
I should quit. This isn't the first time things have been swept under the rug that should have been dealt with, in favor of harassing employees who work hard and work beyond their position's pay or parameters. But anything that's available means either a big cut in pay, or just dealing with the same issues somewhere else.
I hate working somewhere that prefers keeping mean, dishonest people happy over respecting people who don't pose an active liability to the company (fuck capitalism and all that, but it's still annoying when I get punished for stupid stuff all the time while she gets managerial responsibilities and frames people and steals)
Posted by admin Rodney
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kyra45 · 2 years ago
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Michelle Riggs
Making this post to just list the scam PayPal address and the real one in one spot.
MRiggs859 <- This is a scam PayPal. If you see this on a post about Poppy or ANY pet, it’s not the owner. Please report this PayPal account and if you donated to it please file a support ticket. No funds donated are going to be given to Poppy or another cat. It’s solely made to copy the real one but is not linked to the actual owners account.
mriggs85 <- This is the legitimate PayPal to send money to that will be received by Poppy’s actual owner. This is the only legitimate PayPal account associated with Poppy’s owner. Even searching this on PayPal will bring up the real owner too once you add the @ up front. You can find the same info on the owners actual tumblr blog. @luckypoppymilliemama .
Also here’s a bonus screenshot of the scammers PayPal just to show what it looks like. Don’t donate to this account. It’s a fraud. It is not owned by Poppy’s owner. Inform me or others of any blog that’s using this account because they are known to try and say the owner doesn’t own Poppy and accuse the owner of being a scammer in order to make people distrust her while providing no proof of their claims and continuing to use Poppy as of their now deactivated blog. (michevvouuz)
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[Image ID: A screenshot of a PayPal account under the name Michelle Riggs with the username of MRiggs859. /End ID]
The email associated with this fake PayPal is: riggsmichelle129(gmail).
Back under leviathansclaww.
New look to fake account:
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[i.d: a paypal account under the name Michelle Riggs with the username MRiggs859. the profile picture has been changed from a brown-skinned elf to a small black cat silhouette on a white background. end i.d] (credit to bnyrbt)
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netscapenavigator-official · 3 months ago
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I'm aware the internet is currently experiencing a push and pull relationship with people on the left trying to suggest that the election was rigged or stolen. Imo, committing to that opinion is far more energy and hope that I'm willing to commit to such an outcome, but what I will say is:
In previous elections, split-ticket voting was on a rapid decline. It's sudden resurgence is certainly peculiar, but by no means unexplainable. Also, I've heard rumors (BUT SEEN NO EVIDENCE) that down-ballots were oddly popular this election cycle. (Ballots that contain only a vote for president, but are left blank the rest of the way down.) I've also heard (AGAIN! WITHOUT THESE PEOPLE PROVIDING EVIDENCE) that one of Elon Musk's companies was reportedly in charge of handling a large amount of ballots in swing states.
Do I think the election was stolen? No. Am I open to the possibility if more hard proof presents itself? Sure.
Imo, the smartest thing Democrats could do (to appease these panic people, as well as get more data for themselves and their future) would be to look at swing states, randomly pick counties that present the aforementioned oddities, and have them hand-recounted. If the hand-recount matches, obviously we can stop and shut people up. If they don't, we cant take it bigger-scale and recount the entire states, potentially exposing something big.
Do I think that'll happen? No. Democrats are pushovers who have already given up. MAGA people laid the foundation for making "the election was stolen" claims sound crazy, and many on the left are too afraid to stoop to that level, this time. Do I wish they recount some of the aforementioned "oddity" counties? Yeah, just to see the data and have that closure, so I can finally stop having to listen to people screaming conspiracy theories. Do I think this election is ever going to be overturned on the basis of fraud? No.
And even if it was, the fallout would be absolutely gruesome because of how mad it would make MAGA idiots. So, tbh, idk what I want. I wish I had clarity, but it seems Democrats would rather play "turn the other cheek" politics again than get data, get closure, and forge a new path forward.
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jadedsomething · 5 months ago
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Wasn't there a tik tok trend that was basically telling people how to commit check fraud like it's a hack. Like yeah you can do it but there's consequences afterwards explicitly to prevent it.
Though I did regularly set up my emails at one job to automatically say when I was clocking out, and then I'd just leave early. I noticed in some viewers it'd read the send time as the time I'd set the email, not when I'd send it, so I'd try to set it when it's after an hour mark to make it less suspicious. I was never spoken to about it because the only thing suspicious about my activity was the monitored performance which wasn't fool proof, some of the work you'd do were tasks not expressly generating activity like research or verification of tickets. I was one of the top performers because I rigged a spreadsheet do some of the jobs that'd require creating hundreds of tickets at once, in mere minutes. I think it was known I'd have large gaps in my activity but this is because I fluffed my numbers for how long it'd normally take someone after basically doing a 2 hour job in 2 minutes. And it was okay because we weren't paid for high performance, just to make the client happy. And if I wasn't taking a 2 hour break they'd complain I was taking work away from everyone.
a few years back my car insurance company offered me a discount if i stuck a dongle in my car that would tell them how i drive (specifically reporting hard accelerations and stops), with a base discount of 10% even if i drive like a madman up to 40%ish if i drive like a grandma. and of course naturally my first thought was "huh i bet i could make something running off an Arduino that filters hard brakes and accelerations out of the incoming data stream to get that 40% discount" and i got as far as looking up OBD2 protocols before realizing that that would just be insurance fraud. yes im an engineer raised by two engineers how could you tell
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counterten · 1 day ago
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CounterTEN ensures secure and verified ticket resales through its blockchain-based platform, eliminating fraud and guaranteeing authenticity. Whether you’re buying or selling tickets for concerts, sports, or live events, our technology provides transparent, traceable, and fraud-proof transactions. Say goodbye to fake tickets and scams—every ticket on CounterTEN is digitally verified for peace of mind. Enjoy a seamless, hassle-free experience with a trusted marketplace designed for fans. Visit www.counterten.com to explore safe and verified ticket resales today!
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thecryptonewshub · 3 days ago
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Tether Acquires Minority Stake in Juventus to Drive Blockchain Adoption in Sports
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Tether's Investment in Juventus Marks a Milestone in Blockchain Adoption for Sports. In a significant move to integrate blockchain technology into mainstream industries, Tether has acquired a minority stake in the renowned Italian football club Juventus. This acquisition is a strategic step toward accelerating blockchain adoption in the sports sector, aiming to bring the power of digital currencies and decentralized technologies into the world of professional sports.
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Tether, well-known for its stablecoin USDT, has long been a cryptocurrency market leader. Tether's purchase of a share in Juventus, one of Europe's most iconic football clubs, demonstrates the company's strong commitment to bridging the gap between blockchain technology and sports. The alliance intends to investigate a variety of new solutions based on blockchain technology, including fan engagement, ticketing, and product sales. Also Read:  ethereum-price-set-to-skyrocket-with-staked-eth-etfs-a-potential-10k-surge Blockchain adoption in sports has progressively increased over the years. Teams and organisations are increasingly turning to blockchain technology to build more transparent, safe, and efficient systems for managing everything from player contracts to ticket sales. However, the collaboration between Tether and Juventus represents one of the most significant advancements in this path. The potential advantages of blockchain technology in sports are numerous. Fans may soon be able to engage with their favourite teams in new and exciting ways, utilising blockchain-based platforms to buy unique fan tokens, vote on club decisions, and even trade memorabilia in a secure, transparent environment. Blockchain's capacity to verify legitimacy and ownership will transform how sports fans interact with their teams, making the experience more immersive and rewarding. Furthermore, the integration of blockchain could result in major increases in transparency, particularly in areas such as ticketing. Currently, the sports ticketing sector is plagued by fraud and scalping. Blockchain could solve these issues by generating a tamper-proof digital record of each ticket, ensuring that fans only pay the correct amount and lowering the possibility of counterfeit tickets. This acquisition may also allow Juventus to venture into the area of decentralised finance (DeFi), perhaps creating new revenue streams and allowing fans to invest in the team through blockchain-powered financial products. The agreement is likely to inspire other sports teams and organisations to pursue similar partnerships, accelerating the mainstream adoption of blockchain technology across other sectors. This investment by Tether demonstrates the company's expanding importance in the blockchain ecosystem. The company's dedication to broadening the usage of blockchain outside traditional financial services may have a long-term impact on industries like as entertainment, media, and, now, sports. This collaboration with Juventus could serve as a model for future partnerships between blockchain firms and large sporting organisations. In conclusion, Tether's acquisition of a minority ownership in Juventus marks a watershed moment for blockchain usage in the sports business. As technology advances, the alliance has the potential to transform how fans interact with their favourite teams, as well as provide a view into the future of sports, when blockchain will play a critical role in every element of the fan experience. Read the full article
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universaldogemusk · 7 days ago
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Is Blockchain the Answer to BookMyShow Woes?
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What could've been a rare opportunity to see one of the most popular British boy bands in history has left a sour taste in the Indian market? Buying tickets for INR 2,500, selling for INR 300,000– this money-minting acumen has landed entertainment ticketing platform BookMyShow in troubled waters and left thousands of fans dejected and furious.
On September 22, the platform announced the sale of Coldplay's Music Of The Spheres' 2025 India leg priced between INR 3,500 and INR 35,000. Over 1.3 crore fans vied for a limited 1.5 lakh tickets to attend one of the three Mumbai shows due in January 2025. Fans complained of long waiting lists, site crashes and alleged foul play since resellers began selling tickets before they were released on the official site.
"I have just been crying. All those people hoarding the tickets just to resell them for more money. Bhagwan maaf nahi karega (crying emojis)," one angry fan wrote.
Soumya Bhatt shared on X that one agent claimed to have 300 tickets. Notably, BookMyShow has allowed for four tickets per user for the event. Many fell prey to fraudulent ticket schemes with one report suggesting the reselling ticket being priced at INR 900,000.
As matters are investigated and discussed, the company is considering the cancellation of tickets that are being sold under the table.
According to the World Economic Forum, the live events industry annually suffers a loss of over USD one billion due to ticket fraud. Allied Market Research notes that the global music event market size is estimated to touch USD 481.4 billion by 2031 from USD 255.6 billion in 2019.
Coldplay is just the beginning, not the end. Lists of upcoming concerts/performances/festivals in India include those of Dua Lipa, Diljit Dosanjh, Bryan Adams, Alan Walker, and Cigarettes After Sex.
Previously, fans complained having a similair reselling experience when buying tickets for Dosanjh's upcoming concerts on Zomato Live.
So, the question arises, can anything be done to prevent another episode of ticket scalping? Blockchain, combined with NFTs and user Verified Identity, could be the key to eliminating the risks of counterfeiting and fraud in the entertainment industry. According to Saurabh Gupta, co-founder and CEO, VeriSmart AI, blockchain can help "create a decentralised, tamper-proof ledger where each ticket appears as unique and verifiable digital assets."
"Fans can purchase tickets with confidence, knowing that they are authentic and traceable back to the original sale," shares Rahul Maradiya, co-founder and global CEO, CIFDAQ.
With the capping of bulk black ticketing or hoarding of tickets, platforms could still allow ticket resale or ownership transfer. This could be done by updating the verified identity credentials linked to the tickets directly on the same platform. "Through smart contracts, event organizers can enforce resale limits, capping ticket prices to prevent scalping," shares Edul Patel, CEO, Mudrex.
According to AWS, blockchain and its complementary technologies could enable access to events at a lower and more transparent cost by optimizing the resale process, promoting collaborative competition among sellers, and providing a more holistic experience for the consumer.
Blockchain adoption has seen a smoother and fairer process in several events. For Patel, using a 'blockchain-based ticketing system is not a new concept.' But is the technology capable enough to handle the scale? "Multiple events of different scales and sizes like UEFA Euro 2020, India VS Pakistan T20 World Cup and many more events such as music festivals, tournaments and others that have used blockchain technology for ticketing," shares Patel.
"Insights from these implementations reveal that blockchain's decentralized nature significantly reduces the risks associated with traditional ticketing systems, where a single point of failure can lead to vulnerabilities. Furthermore, the transparency provided by blockchain allows both organizers and attendees to verify ticket authenticity in real-time, fostering a more secure environment for everyone involved," shares Maradiya.
Furthermore, Layer 2 solutions, Decentralized Applications (dApps), Load Balancing Techniques, and Dynamic Scalability can help cope with high transaction volumes.
According to industry players, while blockchain may lead to an initial increase in upfront costs for technology, development, and maintenance, it can be offset in the long run. "Over time, the efficiency, transparency, and enhanced fan engagement offered by blockchain can outweigh the initial costs, making it a cost-effective solution for both companies and consumers in the long run, " shares Patel.
According to Allied Market Research, the global live events industry market is projected to reach USD 1.2 trillion by 2032, growing at a CAGR of 5.9 per cent from 2023 to 2032. "Tickets can be resold safely without scalpers or bots inflating their prices. The technology is scalable enough to handle massive events like the Coldplay concert, ensuring that ticketing is reliable and efficient. Up to millions of tickets would be processed without complications," notes Gupta.
https://cifdaq.com/
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sjpcifd · 7 days ago
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Is Blockchain the Answer to BookMyShow Woes?
According to the World Economic Forum, the live events industry annually suffers a loss of over USD one billion due to ticket fraud. Allied Market Research notes that the global music event market size is estimated to touch USD 481.4 billion by 2031 from USD 255.6 billion in 2019.
Coldplay is just the beginning, not the end. Lists of upcoming concerts/performances/festivals in India include those of Dua Lipa, Diljit Dosanjh, Bryan Adams, Alan Walker, and Cigarettes After Sex.
Previously, fans complained having a similair reselling experience when buying tickets for Dosanjh's upcoming concerts on Zomato Live.
So, the question arises, can anything be done to prevent another episode of ticket scalping? Blockchain, combined with NFTs and user Verified Identity, could be the key to eliminating the risks of counterfeiting and fraud in the entertainment industry. According to Saurabh Gupta, co-founder and CEO, VeriSmart AI, blockchain can help "create a decentralised, tamper-proof ledger where each ticket appears as unique and verifiable digital assets."
"Fans can purchase tickets with confidence, knowing that they are authentic and traceable back to the original sale," shares Rahul Maradiya, co-founder and global CEO, CIFDAQ.
With the capping of bulk black ticketing or hoarding of tickets, platforms could still allow ticket resale or ownership transfer. This could be done by updating the verified identity credentials linked to the tickets directly on the same platform. "Through smart contracts, event organizers can enforce resale limits, capping ticket prices to prevent scalping," shares Edul Patel, CEO, Mudrex.
According to AWS, blockchain and its complementary technologies could enable access to events at a lower and more transparent cost by optimizing the resale process, promoting collaborative competition among sellers, and providing a more holistic experience for the consumer.
Blockchain adoption has seen a smoother and fairer process in several events. For Patel, using a 'blockchain-based ticketing system is not a new concept.' But is the technology capable enough to handle the scale? "Multiple events of different scales and sizes like UEFA Euro 2020, India VS Pakistan T20 World Cup and many more events such as music festivals, tournaments and others that have used blockchain technology for ticketing," shares Patel.
"Insights from these implementations reveal that blockchain's decentralized nature significantly reduces the risks associated with traditional ticketing systems, where a single point of failure can lead to vulnerabilities. Furthermore, the transparency provided by blockchain allows both organizers and attendees to verify ticket authenticity in real-time, fostering a more secure environment for everyone involved," shares Maradiya.
Furthermore, Layer 2 solutions, Decentralized Applications (dApps), Load Balancing Techniques, and Dynamic Scalability can help cope with high transaction volumes.
According to industry players, while blockchain may lead to an initial increase in upfront costs for technology, development, and maintenance, it can be offset in the long run. "Over time, the efficiency, transparency, and enhanced fan engagement offered by blockchain can outweigh the initial costs, making it a cost-effective solution for both companies and consumers in the long run, " shares Patel.
According to Allied Market Research, the global live events industry market is projected to reach USD 1.2 trillion by 2032, growing at a CAGR of 5.9 per cent from 2023 to 2032. "Tickets can be resold safely without scalpers or bots inflating their prices. The technology is scalable enough to handle massive events like the Coldplay concert, ensuring that ticketing is reliable and efficient. Up to millions of tickets would be processed without complications," notes Gupta.
www.cifdaq.com
0 notes
donationforcharity · 8 days ago
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How to Donate a Car to Charity and Avoid Scams
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Donating a car to charity is a generous act that can support a good cause and qualify you for a tax deduction. However, car donation scams are on the rise, with some organizations taking a large cut of the proceeds or misleading donors about how their vehicles will be used.
In this guide, you’ll learn how to safely donate your car, recognize red flags, and ensure your donation makes the biggest impact.
🚨 How to Spot a Car Donation Scam
Before donating, watch for these warning signs to ensure your vehicle is going to a legitimate nonprofit:
1️⃣ The Charity is Not a 501(c)(3) Nonprofit
✔ Only IRS-registered charities qualify for tax deductions. ✔ Check the IRS Tax-Exempt Organization Search.
2️⃣ They Pressure You to Donate Quickly
✔ Legitimate charities won’t rush you into donating. ✔ Scammers create urgency to prevent research.
3️⃣ The Charity Name Sounds Suspiciously Similar to a Well-Known Nonprofit
✔ Scammers often use names like “Make-a-Wish Cars” instead of the real Wheels for Wishes. ✔ Verify the official website before donating.
4️⃣ The Charity Can’t Provide Financial Records
✔ Reputable charities disclose how donations are used. ✔ Check Charity Navigator or BBB Wise Giving Alliance for transparency ratings.
5️⃣ They Ask You to Leave the Title Blank
✔ Never leave your title blank—this can leave you legally responsible for tickets, accidents, or fraud. ✔ Always sign the title over to the charity directly.
📌 Pro Tip: If a charity can’t answer basic questions about how your car will be used, consider another organization.
📑 How to Donate a Car Safely in 5 Steps
1️⃣ Choose a Reputable Charity – Confirm it’s a 501(c)(3) nonprofit by checking IRS records. 2️⃣ Verify the Organization – Research the charity’s ratings on Charity Navigator or BBB. 3️⃣ Ask How the Car Will Be Used – Some charities sell cars, while others use them directly. 4️⃣ Get a Written Receipt – Keep all donation records for tax purposes. 5️⃣ Transfer the Title Properly – Sign over the title to the nonprofit to avoid liability.
📌 Related Topic: Where to Donate a Car to Charity & Get a Tax Deduction
📄 How to Get a Legitimate Tax Deduction
To claim a valid tax deduction, follow these IRS rules:
✔ Donate to a 501(c)(3) Charity – Only donations to IRS-approved nonprofits qualify. ✔ Get IRS Form 1098-C – Required for donations over $500. ✔ Determine the Deduction Amount:
If the charity sells your car, you can deduct only the sale price.
If the charity uses your car, you may deduct the fair market value (FMV).
If your car sells for under $500, you can deduct either FMV or up to $500.
📌 Pro Tip: Use Kelley Blue Book or NADA Guides to estimate your car’s fair market value.
📌 Related Topic: How to Donate a Car to Charity & Get the Maximum Tax Deduction
🚛 What If My Car Doesn’t Run?
Many charities accept non-running cars, but some only take vehicles that can be resold or used for parts. Before donating:
✔ Ask if the charity accepts junk cars or non-working vehicles. ✔ Confirm if free towing is included. ✔ If your car is totaled, consider scrapping it for cash instead.
📌 Pro Tip: Even if your car doesn’t run, charities can sell it for scrap value, use its parts, or recycle materials.
🚨 Red Flags That Indicate a Charity is Taking Too Much Money
❌ Less than 20% of donations go to programs – Check financial reports. ❌ They use a for-profit middleman – Many sell cars at auction and keep most of the proceeds. ❌ They charge hidden towing or processing fees – Reputable charities offer free pickup. ❌ They don’t provide a tax receipt – A legitimate charity will give you proper documentation.
📌 Pro Tip: Look up the charity’s annual financial report on Guidestar or Charity Navigator before donating.
💡 Final Thoughts: How to Donate Your Car & Avoid Scams
✅ To safely donate your car:✔ Choose a 501(c)(3) nonprofit with a good reputation. ✔ Verify financial transparency through trusted sites. ✔ Get written proof of donation & tax paperwork. ✔ Avoid charities that pressure you to donate quickly.
❌ Avoid donating to:✔ Fake charities or those not listed in IRS records. ✔ Organizations that charge high towing or processing fees. ✔ Middlemen that keep most of the proceeds from the car’s sale.
🚀 Ready to donate? Choose a verified charity and start the process today!
0 notes
caspi2305 · 12 days ago
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Is Blockchain the Answer to BookMyShow's Woes?
As matters are investigated and discussed, the company is considering the cancellation of tickets that are being sold under the table. But can blockchain be the answer in the long run? 
What could've been a rare opportunity to see one of the most popular British boy bands in history has left a sour taste in the Indian market? Buying tickets for INR 2,500, selling for INR 300,000– this money-minting acumen has landed entertainment ticketing platform BookMyShow in troubled waters and left thousands of fans dejected and furious.
On September 22, the platform announced the sale of Coldplay's Music Of The Spheres' 2025 India leg priced between INR 3,500 and INR 35,000. Over 1.3 crore fans vied for a limited 1.5 lakh tickets to attend one of the three Mumbai shows due in January 2025. Fans complained of long waiting lists, site crashes and alleged foul play since resellers began selling tickets before they were released on the official site.
"I have just been crying. All those people hoarding the tickets just to resell them for more money. Bhagwan maaf nahi karega (crying emojis)," one angry fan wrote, 
Soumya Bhatt shared on X that one agent claimed to have 300 tickets. Notably, BookMyShow has allowed for four tickets per user for the event. Many fell prey to fraudulent ticket schemes with one report suggesting the reselling ticket being priced at INR 900,000.
As matters are investigated and discussed, the company is considering canceling tickets that are being sold under the table. 
According to the World Economic Forum, the live events industry annually suffers a loss of over USD one billion due to ticket fraud. Allied Market Research notes that the global music event market size is estimated to touch USD 481.4 billion by 2031 from USD 255.6 billion in 2019.
Coldplay is just the beginning, not the end. Lists of upcoming concerts/performances/festivals in India include those of Dua Lipa, Diljit Dosanjh, Bryan Adams, Alan Walker, and Cigarettes After Sex.
Previously, fans complained having a similair reselling experience when buying tickets for Dosanjh's upcoming concerts on Zomato Live.  So, the question arises, can anything be done to prevent another episode of ticket scalping? Blockchain, combined with NFTs and user Verified Identity, could be the key to eliminating the risks of counterfeiting and fraud in the entertainment industry. According to Saurabh Gupta, co-founder and CEO, VeriSmart AI, blockchain can help "create a decentralised, tamper-proof ledger where each ticket appears as unique and verifiable digital assets."  
"Fans can purchase tickets with confidence, knowing that they are authentic and traceable back to the original sale," shares Rahul Maradiya, co-founder and global CEO, CIFDAQ.
With the capping of bulk black ticketing or hoarding of tickets, platforms could still allow ticket resale or ownership transfer. This could be done by updating the verified identity credentials linked to the tickets directly on the same platform. "Through smart contracts, event organizers can enforce resale limits, capping ticket prices to prevent scalping," shares Edul Patel, CEO, Mudrex.  According to AWS, blockchain and its complementary technologies could enable access to events at a lower and more transparent cost by optimizing the resale process, promoting collaborative competition among sellers, and providing a more holistic experience for the consumer. Blockchain adoption has seen a smoother and fairer process in several events. For Patel, using a 'blockchain-based ticketing system is not a new concept.' But is the technology capable enough to handle the scale? "Multiple events of different scales and sizes like UEFA Euro 2020, India VS Pakistan T20 World Cup and many more events such as music festivals, tournaments and others that have used blockchain technology for ticketing," shares Patel. 
"Insights from these implementations reveal that blockchain's decentralized nature significantly reduces the risks associated with traditional ticketing systems, where a single point of failure can lead to vulnerabilities. Furthermore, the transparency provided by blockchain allows both organizers and attendees to verify ticket authenticity in real-time, fostering a more secure environment for everyone involved," shares Maradiya.
Furthermore, Layer 2 solutions, Decentralized Applications (dApps), Load Balancing Techniques, and Dynamic Scalability can help cope with high transaction volumes.
According to industry players, while blockchain may lead to an initial increase in upfront costs for technology, development, and maintenance, it can be offset in the long run. "Over time, the efficiency, transparency, and enhanced fan engagement offered by blockchain can outweigh the initial costs, making it a cost-effective solution for both companies and consumers in the long run, " shares Patel.  According to Allied Market Research, the global live events industry market is projected to reach USD 1.2 trillion by 2032, growing at a CAGR of 5.9 per cent from 2023 to 2032. "Tickets can be resold safely without scalpers or bots inflating their prices. The technology is scalable enough to handle massive events like the Coldplay concert, ensuring that ticketing is reliable and efficient. Up to millions of tickets would be processed without complications," notes Gupta.  
CIFDAQ#BITCOIN#CRYPTOINVESTING#BLOCKCHAIN#WEB3COMMUNITY  
www.cifdaq.com 
0 notes
casper0510 · 12 days ago
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Is Blockchain the Answer to BookMyShow's Woes?
As matters are investigated and discussed, the company is considering the cancellation of tickets that are being sold under the table. But can blockchain be the answer in the long run? 
What could've been a rare opportunity to see one of the most popular British boy bands in history has left a sour taste in the Indian market? Buying tickets for INR 2,500, selling for INR 300,000– this money-minting acumen has landed entertainment ticketing platform BookMyShow in troubled waters and left thousands of fans dejected and furious.
On September 22, the platform announced the sale of Coldplay's Music Of The Spheres' 2025 India leg priced between INR 3,500 and INR 35,000. Over 1.3 crore fans vied for a limited 1.5 lakh tickets to attend one of the three Mumbai shows due in January 2025. Fans complained of long waiting lists, site crashes and alleged foul play since resellers began selling tickets before they were released on the official site.
"I have just been crying. All those people hoarding the tickets just to resell them for more money. Bhagwan maaf nahi karega (crying emojis)," one angry fan wrote, 
Soumya Bhatt shared on X that one agent claimed to have 300 tickets. Notably, BookMyShow has allowed for four tickets per user for the event. Many fell prey to fraudulent ticket schemes with one report suggesting the reselling ticket being priced at INR 900,000.
As matters are investigated and discussed, the company is considering canceling tickets that are being sold under the table. 
According to the World Economic Forum, the live events industry annually suffers a loss of over USD one billion due to ticket fraud. Allied Market Research notes that the global music event market size is estimated to touch USD 481.4 billion by 2031 from USD 255.6 billion in 2019.
Coldplay is just the beginning, not the end. Lists of upcoming concerts/performances/festivals in India include those of Dua Lipa, Diljit Dosanjh, Bryan Adams, Alan Walker, and Cigarettes After Sex.
Previously, fans complained having a similair reselling experience when buying tickets for Dosanjh's upcoming concerts on Zomato Live.  So, the question arises, can anything be done to prevent another episode of ticket scalping? Blockchain, combined with NFTs and user Verified Identity, could be the key to eliminating the risks of counterfeiting and fraud in the entertainment industry. According to Saurabh Gupta, co-founder and CEO, VeriSmart AI, blockchain can help "create a decentralised, tamper-proof ledger where each ticket appears as unique and verifiable digital assets."  
"Fans can purchase tickets with confidence, knowing that they are authentic and traceable back to the original sale," shares Rahul Maradiya, co-founder and global CEO, CIFDAQ.
With the capping of bulk black ticketing or hoarding of tickets, platforms could still allow ticket resale or ownership transfer. This could be done by updating the verified identity credentials linked to the tickets directly on the same platform. "Through smart contracts, event organizers can enforce resale limits, capping ticket prices to prevent scalping," shares Edul Patel, CEO, Mudrex.  According to AWS, blockchain and its complementary technologies could enable access to events at a lower and more transparent cost by optimizing the resale process, promoting collaborative competition among sellers, and providing a more holistic experience for the consumer. Blockchain adoption has seen a smoother and fairer process in several events. For Patel, using a 'blockchain-based ticketing system is not a new concept.' But is the technology capable enough to handle the scale? "Multiple events of different scales and sizes like UEFA Euro 2020, India VS Pakistan T20 World Cup and many more events such as music festivals, tournaments and others that have used blockchain technology for ticketing," shares Patel. 
"Insights from these implementations reveal that blockchain's decentralized nature significantly reduces the risks associated with traditional ticketing systems, where a single point of failure can lead to vulnerabilities. Furthermore, the transparency provided by blockchain allows both organizers and attendees to verify ticket authenticity in real-time, fostering a more secure environment for everyone involved," shares Maradiya.
Furthermore, Layer 2 solutions, Decentralized Applications (dApps), Load Balancing Techniques, and Dynamic Scalability can help cope with high transaction volumes.
According to industry players, while blockchain may lead to an initial increase in upfront costs for technology, development, and maintenance, it can be offset in the long run. "Over time, the efficiency, transparency, and enhanced fan engagement offered by blockchain can outweigh the initial costs, making it a cost-effective solution for both companies and consumers in the long run, " shares Patel.  According to Allied Market Research, the global live events industry market is projected to reach USD 1.2 trillion by 2032, growing at a CAGR of 5.9 per cent from 2023 to 2032. "Tickets can be resold safely without scalpers or bots inflating their prices. The technology is scalable enough to handle massive events like the Coldplay concert, ensuring that ticketing is reliable and efficient. Up to millions of tickets would be processed without complications," notes Gupta.  
CIFDAQ#BITCOIN#CRYPTOINVESTING#BLOCKCHAIN#WEB3COMMUNITY  
www.cifdaq.com 
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sravani12345 · 13 days ago
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Australia Partner Visa: Your Path to Love & Residency
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Moving to Australia to be with your partner? The Australia Partner Visa might be your ticket to building a future together in one of the world’s most beautiful and opportunity-filled countries. Whether you’re dreaming of a better career, a great lifestyle, or simply being with your loved one, this visa helps you make that dream a reality.
What Is the Australia Partner Visa?
The Australia Partner Visa is designed for people in a committed relationship with an Australian citizen, permanent resident, or eligible New Zealand citizen. It allows you to live, work, and study in Australia while waiting for permanent residency.
This visa is granted in two stages:
Subclass 309 Visa (Temporary Partner Visa): This is the first step, granting you temporary residence in Australia while your application for permanent residency is processed.
Subclass 100 Visa (Permanent Partner Visa): If your relationship remains genuine and stable after a waiting period (usually two years), you may be eligible for permanent residency.
Who Is Eligible?
To apply for the Subclass 309 and 100 Visa, you must: 
✔️ Be in a genuine and ongoing relationship with an eligible Australian citizen, permanent resident, or New Zealand citizen. 
✔️ Be married or in a de facto relationship (at least 12 months unless you have special circumstances). ✔️ Meet health and character requirements. 
✔️ Have a sponsor (your Australian partner).
Step-By-Step Application Process
1. Gather Your Documents
Before applying, make sure you have:
Identity documents (passport, birth certificate, etc.).
Proof of relationship (joint finances, shared household, messages, photos, travel records, etc.).
Health and police checks (to meet Australian immigration requirements).
Sponsorship documents (from your partner confirming they support your visa application).
2. Submit Your Online Application
You can apply online via the Department of Home Affairs website. Your partner also needs to submit a sponsorship application.
3. Wait for Processing
The Subclass 309 Visa typically takes 12 to 24 months to process.
After holding the 309 Visa for about 2 years, you can apply for the Subclass 100 Visa, which grants permanent residency.
4. Provide Additional Documents (If Requested)
During processing, immigration officers might ask for more documents to verify your relationship.
5. Receive Your Visa and Move to Australia!
Once approved, you can pack your bags and start your new life in Australia with your partner!
How Much Does It Cost?
Applying for the Australia Partner Visa isn’t cheap, but it’s a long-term investment in your future.
The application fee starts at AUD 8,850 (as of 2024).
Additional costs may include health checks, police clearances, and document translations.
Why Is the Partner Visa Worth It?
✅ Live, work, and study in Australia while waiting for permanent residency. ✅ Access healthcare and social benefits as a temporary resident. ✅ Pathway to Australian citizenship if you choose to stay long-term. ✅ No long-distance struggles – you and your partner can finally be together!
Final Tips for a Smooth Application
💡 Be honest and thorough – Immigration officials take relationship fraud seriously. 💡 Keep a record of your relationship – Regularly save texts, emails, travel tickets, and financial documents. 💡 Seek professional advice – If you're unsure, an immigration lawyer or migration agent can help.
Ready to Apply?
While the process takes time, the reward is worth it – a life with your partner in a country full of opportunities. If you’re serious about making Australia your home, start preparing your Subclass 309 and 100 Visa application today!
Need more help? Check out the official Australian Government Home Affairs website or consult an expert for personalized advice.
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head-post · 13 days ago
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Romanian real estate scandal threatens top Social Democrats
A major real estate scandal rocked Romania’s ruling Social Democratic Party (PSD), with former MPs and high-ranking officials facing allegations of fraud and corruption, according to Euractiv.
The Directorate for the Investigation of Organised Crime and Terrorism (DIICOT) announced on Tuesday the detention of 11 individuals, including former PSD MP Laura Vicol and her husband, Vladimir Ciorbă, the main shareholder of the Nordis group.
The scandal centres on a scheme in which Nordis collected advance payments for apartments that were never delivered, defrauding numerous buyers. According to DIICOT, the group “designed and implemented a complex criminal mechanism involving the promotion and development of real estate projects under the cover of several commercial companies, followed by the collection of money from buyers and the embezzlement of company funds.”
The scandal ensnared prominent figures, including notary Andreea Cosma, a former PSD MP, and Ioana Băsescu, daughter of ex-President Traian Băsescu, who certified several property sale agreements. Media reports suggest that Prime Minister Marcel Ciolacu and Transport Minister Sorin Grindeanu may also be implicated.
Ciolacu initially denied using private jets funded by Nordis but later admitted to “an arrogance” in claiming to have paid for his own tickets. Laura Vicol, who was removed from the PSD’s candidate list for the December 2024 elections, revealed that she had flown on private jets with Ciolacu and Grindeanu, adding that her resignation from the party was not voluntary.
I don’t understand why this execution was carried out, and I am upset that the men in my party did not support me as they should have.
Grindeanu, meanwhile, insisted that the private jet flights were not funded by Nordis and promised to provide invoices as proof. When asked if he had discussed Nordis contracts with Vicol and her husband, he replied, “No. I found out about these things at the same time as you did.”
The scandal threatens to destabilise the PSD, which has long been a dominant force in Romanian politics. With investigations ongoing and public trust eroding, the party faces mounting pressure to address the allegations and restore credibility.
Read more HERE
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cryptoenthu · 15 days ago
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Is Blockchain the Answer to BookMyShow's Woes?
As matters are investigated and discussed, the company is considering the cancellation of tickets that are being sold under the table. But can blockchain be the answer in the long run?
What could've been a rare opportunity to see one of the most popular British boy bands in history has left a sour taste in the Indian market? Buying tickets for INR 2,500, selling for INR 300,000– this money-minting acumen has landed entertainment ticketing platform BookMyShow in troubled waters and left thousands of fans dejected and furious.
On September 22, the platform announced the sale of Coldplay's Music Of The Spheres' 2025 India leg priced between INR 3,500 and INR 35,000. Over 1.3 crore fans vied for a limited 1.5 lakh tickets to attend one of the three Mumbai shows due in January 2025. Fans complained of long waiting lists, site crashes and alleged foul play since resellers began selling tickets before they were released on the official site.
"I have just been crying. All those people hoarding the tickets just to resell them for more money. Bhagwan maaf nahi karega (crying emojis)," one angry fan wrote.
Soumya Bhatt shared on X that one agent claimed to have 300 tickets. Notably, BookMyShow has allowed for four tickets per user for the event. Many fell prey to fraudulent ticket schemes with one report suggesting the reselling ticket being priced at INR 900,000.
As matters are investigated and discussed, the company is considering canceling tickets that are being sold under the table.
According to the World Economic Forum, the live events industry annually suffers a loss of over USD one billion due to ticket fraud. Allied Market Research notes that the global music event market size is estimated to touch USD 481.4 billion by 2031 from USD 255.6 billion in 2019.
Coldplay is just the beginning, not the end. Lists of upcoming concerts/performances/festivals in India include those of Dua Lipa, Diljit Dosanjh, Bryan Adams, Alan Walker, and Cigarettes After Sex.
Previously, fans complained having a similair reselling experience when buying tickets for Dosanjh's upcoming concerts on Zomato Live.
So, the question arises, can anything be done to prevent another episode of ticket scalping? Blockchain, combined with NFTs and user Verified Identity, could be the key to eliminating the risks of counterfeiting and fraud in the entertainment industry. According to Saurabh Gupta, co-founder and CEO, VeriSmart AI, blockchain can help "create a decentralised, tamper-proof ledger where each ticket appears as unique and verifiable digital assets."
"Fans can purchase tickets with confidence, knowing that they are authentic and traceable back to the original sale," shares Rahul Maradiya, co-founder and global CEO, CIFDAQ.
With the capping of bulk black ticketing or hoarding of tickets, platforms could still allow ticket resale or ownership transfer. This could be done by updating the verified identity credentials linked to the tickets directly on the same platform. "Through smart contracts, event organizers can enforce resale limits, capping ticket prices to prevent scalping," shares Edul Patel, CEO, Mudrex.
According to AWS, blockchain and its complementary technologies could enable access to events at a lower and more transparent cost by optimizing the resale process, promoting collaborative competition among sellers, and providing a more holistic experience for the consumer.
Blockchain adoption has seen a smoother and fairer process in several events. For Patel, using a 'blockchain-based ticketing system is not a new concept.' But is the technology capable enough to handle the scale? "Multiple events of different scales and sizes like UEFA Euro 2020, India VS Pakistan T20 World Cup and many more events such as music festivals, tournaments and others that have used blockchain technology for ticketing," shares Patel.
"Insights from these implementations reveal that blockchain's decentralized nature significantly reduces the risks associated with traditional ticketing systems, where a single point of failure can lead to vulnerabilities. Furthermore, the transparency provided by blockchain allows both organizers and attendees to verify ticket authenticity in real-time, fostering a more secure environment for everyone involved," shares Maradiya.
Furthermore, Layer 2 solutions, Decentralized Applications (dApps), Load Balancing Techniques, and Dynamic Scalability can help cope with high transaction volumes.
According to industry players, while blockchain may lead to an initial increase in upfront costs for technology, development, and maintenance, it can be offset in the long run. "Over time, the efficiency, transparency, and enhanced fan engagement offered by blockchain can outweigh the initial costs, making it a cost-effective solution for both companies and consumers in the long run, " shares Patel.
According to Allied Market Research, the global live events industry market is projected to reach USD 1.2 trillion by 2032, growing at a CAGR of 5.9 per cent from 2023 to 2032. "Tickets can be resold safely without scalpers or bots inflating their prices. The technology is scalable enough to handle massive events like the Coldplay concert, ensuring that ticketing is reliable and efficient. Up to millions of tickets would be processed without complications," notes Gupta.
www.cifdaq.com #CIFDAQ#BITCOIN#CRYPTOINVESTING
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cryptokid3 · 15 days ago
Text
Is Blockchain the Answer to BookMyShow's Woes?
As matters are investigated and discussed, the company is considering the cancellation of tickets that are being sold under the table. But can blockchain be the answer in the long run?
What could've been a rare opportunity to see one of the most popular British boy bands in history has left a sour taste in the Indian market? Buying tickets for INR 2,500, selling for INR 300,000– this money-minting acumen has landed entertainment ticketing platform BookMyShow in troubled waters and left thousands of fans dejected and furious.On September 22, the platform announced the sale of Coldplay's Music Of The Spheres' 2025 India leg priced between INR 3,500 and INR 35,000. Over 1.3 crore fans vied for a limited 1.5 lakh tickets to attend one of the three Mumbai shows due in January 2025. Fans complained of long waiting lists, site crashes and alleged foul play since resellers began selling tickets before they were released on the official site. "I have just been crying. All those people hoarding the tickets just to resell them for more money. Bhagwan maaf nahi karega (crying emojis)," one angry fan wrote.
Soumya Bhatt shared on X that one agent claimed to have 300 tickets. Notably, BookMyShow has allowed for four tickets per user for the event. Many fell prey to fraudulent ticket schemes with one report suggesting the reselling ticket being priced at INR 900,000.As matters are investigated and discussed, the company is considering canceling tickets that are being sold under the table.According to the World Economic Forum, the live events industry annually suffers a loss of over USD one billion due to ticket fraud. Allied Market Research notes that the global music event market size is estimated to touch USD 481.4 billion by 2031 from USD 255.6 billion in 2019. Coldplay is just the beginning, not the end. Lists of upcoming concerts/performances/festivals in India include those of Dua Lipa, Diljit Dosanjh, Bryan Adams, Alan Walker, and Cigarettes After Sex. Previously, fans complained having a similair reselling experience when buying tickets for Dosanjh's upcoming concerts on Zomato Live. So, the question arises, can anything be done to prevent another episode of ticket scalping? Blockchain, combined with NFTs and user Verified Identity, could be the key to eliminating the risks of counterfeiting and fraud in the entertainment industry. According to Saurabh Gupta, co-founder and CEO, VeriSmart AI, blockchain can help "create a decentralised, tamper-proof ledger where each ticket appears as unique and verifiable digital assets."
"Fans can purchase tickets with confidence, knowing that they are authentic and traceable back to the original sale," shares Rahul Maradiya, co-founder and global CEO, CIFDAQ.With the capping of bulk black ticketing or hoarding of tickets, platforms could still allow ticket resale or ownership transfer. This could be done by updating the verified identity credentials linked to the tickets directly on the same platform. "Through smart contracts, event organizers can enforce resale limits, capping ticket prices to prevent scalping," shares Edul Patel, CEO, Mudrex. According to AWS, blockchain and its complementary technologies could enable access to events at a lower and more transparent cost by optimizing the resale process, promoting collaborative competition among sellers, and providing a more holistic experience for the consumer. Blockchain adoption has seen a smoother and fairer process in several events. For Patel, using a 'blockchain-based ticketing system is not a new concept.' But is the technology capable enough to handle the scale? "Multiple events of different scales and sizes like UEFA Euro 2020, India VS Pakistan T20 World Cup and many more events such as music festivals, tournaments and others that have used blockchain technology for ticketing," shares Patel.
"Insights from these implementations reveal that blockchain's decentralized nature significantly reduces the risks associated with traditional ticketing systems, where a single point of failure can lead to vulnerabilities. Furthermore, the transparency provided by blockchain allows both organizers and attendees to verify ticket authenticity in real-time, fostering a more secure environment for everyone involved," shares Maradiya. Furthermore, Layer 2 solutions, Decentralized Applications (dApps), Load Balancing Techniques, and Dynamic Scalability can help cope with high transaction volumes.According to industry players, while blockchain may lead to an initial increase in upfront costs for technology, development, and maintenance, it can be offset in the long run. "Over time, the efficiency, transparency, and enhanced fan engagement offered by blockchain can outweigh the initial costs, making it a cost-effective solution for both companies and consumers in the long run, " shares Patel. According to Allied Market Research, the global live events industry market is projected to reach USD 1.2 trillion by 2032, growing at a CAGR of 5.9 per cent from 2023 to 2032. "Tickets can be resold safely without scalpers or bots inflating their prices. The technology is scalable enough to handle massive events like the Coldplay concert, ensuring that ticketing is reliable and efficient. Up to millions of tickets would be processed without complications," notes Gupta.
www.cifdaq.com
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cryptowala · 18 days ago
Text
Is Blockchain the Answer to BookMyShow's Woes?
hat could've been a rare opportunity to see one of the most popular British boy bands in history has left a sour taste in the Indian market? Buying tickets for INR 2,500, selling for INR 300,000– this money-minting acumen has landed entertainment ticketing platform BookMyShow in troubled waters and left thousands of fans dejected and furious.
On September 22, the platform announced the sale of Coldplay's Music Of The Spheres' 2025 India leg priced between INR 3,500 and INR 35,000. Over 1.3 crore fans vied for a limited 1.5 lakh tickets to attend one of the three Mumbai shows due in January 2025. Fans complained of long waiting lists, site crashes and alleged foul play since resellers began selling tickets before they were released on the official site.
"I have just been crying. All those people hoarding the tickets just to resell them for more money. Bhagwan maaf nahi karega (crying emojis)," one angry fan wrote.
Soumya Bhatt shared on X that one agent claimed to have 300 tickets. Notably, BookMyShow has allowed for four tickets per user for the event. Many fell prey to fraudulent ticket schemes with one report suggesting the reselling ticket being priced at INR 900,000.
As matters are investigated and discussed, the company is considering canceling tickets that are being sold under the table.
According to the World Economic Forum, the live events industry annually suffers a loss of over USD one billion due to ticket fraud. Allied Market Research notes that the global music event market size is estimated to touch USD 481.4 billion by 2031 from USD 255.6 billion in 2019.
Coldplay is just the beginning, not the end. Lists of upcoming concerts/performances/festivals in India include those of Dua Lipa, Diljit Dosanjh, Bryan Adams, Alan Walker, and Cigarettes After Sex.
Previously, fans complained having a similair reselling experience when buying tickets for Dosanjh's upcoming concerts on Zomato Live.
So, the question arises, can anything be done to prevent another episode of ticket scalping? Blockchain, combined with NFTs and user Verified Identity, could be the key to eliminating the risks of counterfeiting and fraud in the entertainment industry. According to Saurabh Gupta, co-founder and CEO, VeriSmart AI, blockchain can help "create a decentralised, tamper-proof ledger where each ticket appears as unique and verifiable digital assets."
"Fans can purchase tickets with confidence, knowing that they are authentic and traceable back to the original sale," shares Rahul Maradiya, co-founder and global CEO, CIFDAQ.
With the capping of bulk black ticketing or hoarding of tickets, platforms could still allow ticket resale or ownership transfer. This could be done by updating the verified identity credentials linked to the tickets directly on the same platform. "Through smart contracts, event organizers can enforce resale limits, capping ticket prices to prevent scalping," shares Edul Patel, CEO, Mudrex.
According to AWS, blockchain and its complementary technologies could enable access to events at a lower and more transparent cost by optimizing the resale process, promoting collaborative competition among sellers, and providing a more holistic experience for the consumer.
Blockchain adoption has seen a smoother and fairer process in several events. For Patel, using a 'blockchain-based ticketing system is not a new concept.' But is the technology capable enough to handle the scale? "Multiple events of different scales and sizes like UEFA Euro 2020, India VS Pakistan T20 World Cup and many more events such as music festivals, tournaments and others that have used blockchain technology for ticketing," shares Patel.
"Insights from these implementations reveal that blockchain's decentralized nature significantly reduces the risks associated with traditional ticketing systems, where a single point of failure can lead to vulnerabilities. Furthermore, the transparency provided by blockchain allows both organizers and attendees to verify ticket authenticity in real-time, fostering a more secure environment for everyone involved," shares Maradiya.
Furthermore, Layer 2 solutions, Decentralized Applications (dApps), Load Balancing Techniques, and Dynamic Scalability can help cope with high transaction volumes.
According to industry players, while blockchain may lead to an initial increase in upfront costs for technology, development, and maintenance, it can be offset in the long run. "Over time, the efficiency, transparency, and enhanced fan engagement offered by blockchain can outweigh the initial costs, making it a cost-effective solution for both companies and consumers in the long run, " shares Patel.
According to Allied Market Research, the global live events industry market is projected to reach USD 1.2 trillion by 2032, growing at a CAGR of 5.9 per cent from 2023 to 2032. "Tickets can be resold safely without scalpers or bots inflating their prices. The technology is scalable enough to handle massive events like the Coldplay concert, ensuring that ticketing is reliable and efficient. Up to millions of tickets would be processed without complications," notes Gupta.
cifdaq.com
Shiba Inu’s Ascent: Decoding the Recent Price Surge with CIFDAQ Chairman
Newuser232www
January 31, 2025
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Shiba Inu, the meme coin that once seemed content to play in the shadows of Dogecoin, is experiencing a moment in the sun. A recent price surge has propelled SHIB into the spotlight, leaving many wondering if this playful pup has finally grown into a formidable force in the crypto market. To understand the factors driving this remarkable ascent, The Shib turned to Himanshu Maradiya, Founder and Chairman of CIFDAQ Blockchain Ecosystem India Ltd., a seasoned business leader and blockchain visionary with a deep understanding of the forces shaping the digital asset landscape.
The Shib: What are the underlying factors driving Shiba Inu’s recent price surge?
Maradiya: “Shiba Inu (SHIB) has recently become the center of attention in the cryptocurrency market, outpacing major coins like Bitcoin (BTC) and Ethereum (ETH) in both weekly gains and social media buzz. Several factors have contributed to SHIB’s price surge, ranging from ecosystem growth to market sentiment and speculative interest. Shiba Inu’s recent price surge is the result of a perfect storm of factors, including aggressive token burns, ecosystem expansion through Shibarium, and heightened speculative interest in the meme coin market. Market sentiment, amplified by FOMO, has played a significant role in fueling this rally, while institutional attention from reports like Grayscale’s has lent additional credibility to SHIB.”
The Shib: Based on technical analysis, what indicators or patterns suggest the sustainability of Shiba Inu’s recent price increase?
Maradiya: “Shiba Inu’s recent price surge shows promising signs of sustainability through bullish technical indicators, but potential resistance levels at $0.0000200 and $0.0000240 could limit gains. While short-term corrections are likely due to overbought conditions, the continued growth of the Shiba Inu ecosystem and strong market sentiment could support gradual upward momentum. However, long-term investors should remain cautious, as SHIB’s high volatility and speculative nature make it vulnerable to sharp corrections.”
The Shib: How do you assess Shiba Inu’s long-term prospects in the competitive cryptocurrency market?
Maradiya: “While Shiba Inu has potential for growth, its ability to establish a sustainable value proposition will depend on community support, utility development, regulatory adaptation, and competitive differentiation in a rapidly changing cryptocurrency landscape. Investors should approach with caution and conduct thorough research before committing to this high-risk asset… with the possibility of reaching an average price of $0.0001079892 by 2027.”
The Shib: How has the Shiba Inu community’s role evolved during this recent surge?
Maradiya: “The Shiba Inu community has played a pivotal role in the cryptocurrency’s narrative, particularly during recent price surges. The evolution of the Shiba Inu community has been integral to its recent price appreciation. Through grassroots campaigns, the development of Shibarium, and proactive engagement in building a strong brand identity, the community has transformed SHIB from a meme coin into a serious contender in the cryptocurrency market.”
The Shib: How might changing regulatory landscapes, both domestically and internationally, affect Shiba Inu’s future growth? Are there any emerging competitors or trends that could challenge Shiba Inu’s market position?
Maradiya: “The cryptocurrency landscape is highly dynamic, and regulatory developments, along with emerging competitors and trends, can significantly influence the future of tokens like Shiba Inu (SHIB) These factors together create a complex but manageable environment for Shiba Inu as it looks to solidify its place in the cryptocurrency market.”
About The Expert
Himanshu Maradiya is an accomplished business leader, blockchain visionary, and entrepreneur with over 25 years of holistic industry experience. He has worked with leading organizations in various domains, including real estate, international finance, and investment. His rich experience across industries gives him a sharp understanding of the macroeconomic environment and the ability to make sound business decisions quickly. Maradiya is a true visionary in the field of trading, having worked diligently in multiple verticals, including Forex, commodities, international stocks, and cryptocurrencies. In his quest to innovate and disrupt the traditional trading industry, Maradiya founded CIFDAQ – The Evolution of Innovative Blockchain Ecosystem, the first of its kind to host major trading verticals across the globe.
Cifdaq.com
Stay with us for fascinating tidbits and ideas that will keep your mind sharp and your perspective wide!
Newuser232www
January 31, 2025
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Stay with us for fascinating tidbits and ideas that will keep your mind sharp and your perspective wide! Himanshu Maradiya Sheetal Maradiya Rahul Maradiya Jay Hao Krunal Sheth Anil Vasu Ankur Garg Muthuswamy Iyer Shipra Anand Mishra #CIFDAQ #NFT #CIFD #BlockchainEcosystem #CryptoTrading #Web3Community
www.linkedin.com/posts/cifdaq_cifdaq-nft-cifd-activity-7290692781126086656-rzLu
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