Binance Launches “NFT Ticketing” with Lazio Football Club

After the chaos caused by fake tickets in the UEFA Champions League 2022, crypto exchange Binance has launched a nonfungible token (NFT) ticketing solution with soccer club Società Sportiva Lazio for the 2022 to 2023 season.

Binance emphasizes that NFT tickets will help solve the problem of fake tickets and prevent malfunctions in sporting events. NFT tickets also serve other purposes, such as store discounts and match discounts, token distribution, and other experiences. with SS Lazio

Through this partnership, NFT tickets will be available to all SS Lazio home matches, with SS Lazio CEO Marco Canigiani saying existing ticket holders will be able to claim their NFT tickets for free and use them to enter the Stadio Olimpico and Take advantage of the benefits that come with digital tickets.

Binance CEO Zoe Wei said the release of NFT tickets demonstrated a different way to use NFT and highlighted a key use case for Web3 technology. Blockchain-enabled tickets have the potential to eventually expand from sports to the wider entertainment industry.

in May UEFA has blamed thousands of fake tickets for causing chaos during the Champions League final in Paris. The event underscores the problems of traditional ticketing systems and encouragesWeb3 Expert Opinion On how blockchain-enabled ticketing can be used as a solution to this problem.

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