Full Case Study
Project breakdown
Key Takeaway
A mid-size music festival implemented ERC-1155 NFT tickets on Polygon PoS. 3 ticket types: GA (2,000), VIP (200), Artist (50). Transfer cap: maximum 2.5× face value. 20% royalty on resale to festival. Secondary revenue captured: $47,200 (147% of development cost). 312 over-face-value resale attempts blocked. Zero counterfeit disputes.
Client:
Mid-size music festival, Southeast US (2,000–3,000 capacity)
Problem:
40% of GA tickets ended up on StubHub at 3–5× face value. Festival saw none of this secondary market revenue. Fake tickets causing entry disputes at gate.
Solution:
ERC-1155 NFT tickets with 20% secondary market royalty and transfer cap
Timeline:
10 weeks
Investment:
$32,000
Results
| Metric | Traditional | NFT System |
|---|---|---|
| Counterfeit tickets at gate | 18 disputes (prior year) | 0 |
| Secondary market revenue to festival | $0 | $47,200 |
| Over-face-value resales blocked | n/a | 312 attempts blocked |
| VIP sell-through speed | 5 weeks | 11 hours |
| Avg GA secondary price (capped at 2.5×) | Was 4.2× | 2.3× |
The secondary market royalty alone ($47,200) covered 147% of the development cost.
