Here are some facts from a fan:
3 ticketing companies run on the GET protocol :
1) GUTS: sold over 250 000 tickets, runs fully on the GET protocol
2) ITIX: sells over 2 million tickets/year. Is being integrated now and will run fully on the GET protocol
3) A new Korean ticketing company: no details have been released yet but it's supposedly a big one
They are in talks with dozens of other ticketing companies from several countries to make the move (the investment is very low to do so). When they run on the GET protocol they get several benefits by making their tickets dgital:
1) the tickets can't be scalped or frauded with. This is a huge problem in the industry right now. Bots buy up tickets for popular events and resell them for 2x,3x,5x and more the original price. There is no added value to the buyer nor to the seller. It's a waterproof system like popular Dutch comedian Jochem Myjer tweeted recently (not one ticket has been resold at a bigger price on the secondary market):
https://twitter.com/jochemmyjer/status/11957574657380556802) Crowd control
3) Easy marketing
4) Interaction with fans
5) Dynamic price setting
And much more...
Now what does this adoption and usecase mean to the tokenholders?
You can compare GET to a gas that is needed to fuel the protocol (every state change of the ticket needs to be registered). So for every ticket sold GET is bought back from the open market and burned. Scarcity should be the ultimate goal when investing in utility tokens.I did a projected calculation with their new scarcity tool and with 2 million tickets sold next year we could burn 90% of the supply in 5 years. That means that the demand will keep eating the supply quickly and steadely and create a natural price growth.
https://i.ibb.co/pWwmDHt/EJm-PNYSXk-AAa-JSo.jpg