GET Protocol is a blockchain-based ticketing engine that facilitates the issuance of admission rights in a fully digital manner. It aims to solve the issues of ticket fraud and scalping using blockchain technology. The protocol enables ticketing companies to issue tamper-proof tickets, ensuring transparency and security throughout the ticket lifecycle.
GET Protocol operates on the Ethereum blockchain, using its decentralized infrastructure to manage ticket issuance, sales, and transfers. Smart contracts play a critical role by automatically executing predefined actions based on the conditions set for each ticket transaction. With Ethereum's transition to Proof of Stake (PoS), GET Protocol leverages Ethereum's PoS algorithm, known as Casper FFG, to ensure efficient and secure consensus processes.
GET Protocol has numerous applications, particularly in the event ticketing industry. It is used for issuing NFT tickets, which provides transparency and security in ticket sales and transfers. Major events, concerts, and festivals globally have adopted the protocol. The platform also facilitates the transition of mainstream audiences into the Web3 ecosystem by integrating NFT ticketing in existing ticketing systems. Additionally, collaborations with entities like the Tezos Foundation and various investors have further extended its capabilities.
GET Protocol originated from a concept in 2016 focused on tracing ticket origins on the blockchain, leading to initial funding for developing a smart ticketing solution. Significant milestones include the establishment of GUTS Tickets in 2017, which demonstrated the protocol’s capabilities. Over time, it has achieved international adoption across various countries. The introduction of NFT ticketing has marked a significant technological evolution. Although primarily described as blockchain agnostic, GET Protocol continuously optimizes and adapts alongside industry advancements.