Lewis Capaldi will play during a DeFi-funded event on August 23rd in Reykjavik. The show is backed up by XTIXS in partnership with GET Protocol. It is also the first DeFi-funded event by the singer.
What Do We Know About Lewis Capaldi’s IRL Show?
Lewis Capaldi’s show is backed up by a bespoke application of blockchain technologies. This includes DeFi, NFT, and GET Protocol’s utility token $GET.
Through the event, future ticket inventory serves as collateral for a loan. Additionally, all tickets are NFTs making fraud and scalping totally impossible. It is a game-changing advancement that creates new revenue streams. At the same time, gives peace of mind to both music lovers and event promoters.
The funding process for the event took 24 hours and real, professional investors from different parts of the world participated. It creates the first precedent for a very powerful tool in an industry that has independence…