NFT-TiX and EXIT Festival have teamed up in a multi-year collaboration aimed at modernizing music festival ticket sales using blockchain technology. As a result of this partnership, EXIT Festival will become the first major music festival to offer digital admissions via NFT-TiX’s ticketing platform. This will also provide festival-goers with cutting-edge digital art and real-world experiences.

NFT-TiX is a ticketing platform built on the Ethereum blockchain that connects ticket sellers and buyers directly, similar to Groovoo. Together with EXIT, they announced their collaboration, which allows EXIT to become the first major music event to use blockchain technology for ticket sales.

In addition, NFT ticketing provides a tamper-proof and personalized experience, which can be tailored to fit any event’s needs. This innovation creates opportunities for event organizers to generate additional revenue streams and shorter queues.

The focus is now on creating a holistic experience for attendees, where entertainment is just a part of the experience. As the Founder and CEO of EXIT festival, Dusan Kovacevic, stated, their goal is to expand the boundaries of the festival experience continuously.

In addition to regular NFT tickets, there will be ten ultra VIP humanitarian NFT tickets available for €10,000. These VIP tickets will provide unique festival experiences, including a personal host, meet-and-greets with performers, access to VIP GOLD zones, and entry to the Infinite Dance Arena Lounge.

This partnership is recognized as an innovative solution in the ticketing industry and has been shortlisted for the DISRUPTOR Award at the Ticketing Business Awards. The event will reward innovation and competence in ticketing and event management at the Ticketing Business Forum in Manchester on April 19.