Techno Featured

SeatlabNFT Announce £1,000,000 Event Creator Fund

today13/07/2022 4

Achtergrond
share close

Sign Up Here.

As it continues to revolutionise the event ticketing industry, SeatlabNFT today announces their £1,000,000 SeatlabNFT Event Creator Fund to help artists and event organisers with the cost of running live events. These non-repayable grants are open to applications from events and festivals worldwide. Successful applicants will receive their grants in instalments, becoming a SeatlabNFT sponsored event and official ticketing client in the process, giving them wider exposure on the world stage.

There is no minimum or maximum amount associated with the grant as different events have varied capital requirements. Grants can be used towards the many upfront costs associated with running a live event, such as venue deposits, artist booking fees and marketing campaigns, leaving organisers to focus on doing what they do best: putting on unforgettable shows.

Ryan Kenny, Director of Seatlab says ‘We’re excited to announce the SeatlabNFT Event Creator Fund, which we hope will provide organisers around the world with the financial injection needed to allow them to try out and embrace our event ticketing technology at their events! We’re looking to work with a wide range of events, so we encourage everybody who will benefit to apply’

Applications can be made via https://www.seatlabnft.com/event-creator-fund and will be assessed on a case-by-case basis. Applicants will be asked to provide detailed information about their event, including any venue contracts and artist agreements. SeatlabNFT also looks at the applicant’s experience of running successful events, the social media following of relevant stakeholders, and anything else that will help them better understand the event’s viability. Lastly, applicants will need to outline the grant size they’re requesting and how they will allocate funds. SeatlabNFT will internally assess applications and make a decision within a few weeks.

Successful applicants will receive their grants in instalments, unlocking the next payment when they reach a significant milestone. Although each grant is assessed on a case-by-case basis, typical milestones are:

Sign-on bonus
When tickets go on sale
50% of tickets sold
100% of tickets sold
Day of the event

This Event Creator Fund is the next big step for SeatlabNFT, who have already developed a game-changing, NFT-powered event ticketing system that artists and event organisers can utilise to regain control of the secondary market, prevent counterfeiting, and bring fans and artists closer together through exclusive rewards and collectibles.

About SeatlabNFT

SeatlabNFT is a next-generation NFT-powered event ticketing platform. Using blockchain technology to issue event tickets as NFTs, they are helping create a more immersive and rewarding event experience for attendees using collectable digital assets that artists and event organisers can send directly to ticket holders’ wallets, community access passes and interactive on-site elements.

They are also giving artists and event organisers greater control over the secondary ticketing market. Their programmable NFT tickets can reduce touting with features such as resale price ceilings and non-transferable ticket types. They’re also opening up new revenue streams with royalty splits, allowing artists and event organisers to earn a commission from secondary market ticket resales.

The post SeatlabNFT Announce £1,000,000 Event Creator Fund appeared first on Only Techno.

Written by: admin

Rate it

Vorig bericht

Techno Featured

Victor Ruiz announces huge Live Stream from Beirut to celebrate his newest EP on Drumcode

Brazilian underground mainstay Victor Ruiz is back on Drumcode for the first time in two years with his new Beirut EP. Victor will be celebrating the release of the EP by showcasing his all new live set during an exclusive stream with Beatport directly from Beirut on 14th July. This much anticipated new live-stream will be the first time ever Victor’s live show will have been streamed online. It will feature all the tracks from this new Beirut EP alongside […]

today13/07/2022 6

0%