Let’s bring trust back to ticketing! With recent technological advancements, certain challenges are now achievable. Sharing an entrepreneurial spirit and a love for live entertainment, we are launching the KAKOOYOU project.
We hope it will make waves.
What is a NFT ticket?
An NFT ticket is a ticket where proof of purchase is stored on a decentralized ledger (a blockchain). Such a decentralized ledgers offers a high level of security and enable reliable transactions.
Why produce NFT tickets?
NFT tickets have a unique feature compared to traditional tickets: they can be exchanged very easily. Additionally, it is possible to set resale prices. Organizers dictate their rules. This creates a fairer and more flexible ticketing system.
What are the other advantages?
- Organizer sets maximum resell price
- Secondary market generates profit for organizer
- Prevents scalping and fraud
- Anonymous (we collect only your e-mail and mobile number)
- Cyber-resilient
- RGPD-friendly
When is Kakooyou set to release?
We are currently in the process of developing the project. Next, it will need to be tested and scaled, starting with small organizations and gradually moving to larger ones. This process may take several years, which is why we invite you to follow us and show your support!!
To go further…
How does it work?
The functioning of Kakooyou is simple: operations are processed simultaneously across multiple nodes. These nodes, together, form the blockchain. When a transaction occurs, checks are carried out by all the nodes to certify the quality of the exchange. These checks are called « consensus ».
Once the consensus is verified, the information is transmitted and retained by the entire network, enabling it to verify future transactions. In this system, there is no central server that stores all the operations; instead, multiple sub-servers regularly communicate with one another to ensure the accuracy of their information.
Which blockchain do we use?
Because we wanted to master the full stack we made the choice to develop our own Layer 1 using C++ 17. You can check the founding paper here: