K-pop stars use NFT, fan reward systems to fight ticket scalping
Jan 26, 2024
With ticket scalping plaguing the local music scene, South Korean singers are adopting various methods to prevent fans from having to pay extortionate sums for concert tickets. Singer Jang Beom-jun recently announced that the ticket sales for his concert next month will be using the blockchain system, with the tickets being sold as non-fungible tokens that cannot be sold to anyone but the initial buyer. Jang had sold out the concert scheduled for this month, but cancelled all reservations due to