NFTs are basically crypto tokens that represent one-of-a-kind digital assets; NFT stands for Non-Fungible Token. We may tokenize digital or physical assets like art, collectibles, and even real estate using NFTs. Because NFTs are crypto tokens we are able to verify their ownership and authenticity on the blockchain they were minted on and because an NFT is non fungible (cannot be broken down), an NFT can only have one official owner at any given moment and cannot be tampered with or counterfeit.
NFT tickets are digital assets that contain your event access information. In the case of SocialPass, any NFT can be a ticket which can grant holders access to things such as meet-and-greets, exclusive merchandise. If event organizers and artists get creative enough, NFTs are another way to enhance the fan experience. NFT tickets can provide artists, event organizers, and stakeholders with ongoing royalties while also assisting in the development of a closer relationship with fans.