EXIT Festival & Tixbase Are Bringing the Festival Economy Onchain with Avalanche—Starting with Ticketing

EXIT Festival has partnered with Tixbase to launch a blockchain-powered festival experience using Avalanche. Starting with ticketing, the initiative aims to build a full-scale “festival economy” that enhances fan engagement and event management through Web3 technology.

Key Features

Bridge Festival App: Offers fraud-proof, resellable digital tickets, social and news feeds, cashless payments, backstage access, and collectible digital memorabilia.
Smart Ticketing: Tixbase’s plug-and-play solution enables festivals to issue and manage tickets with customizable resale rules to prevent scalping and unlock new revenue streams.
Global Expansion: Plans to onboard 20+ festivals by end of 2025 with a white-label infrastructure.
Fan Investment: EXIT tokens allow fans to crowdfund the festival, redeemable for tickets, VIP upgrades, and exclusive experiences.

Why It Matters?

The event is an example of a functioning model showing how to build scalable Web3 apps for live events, focusing on smart ticketing, digital perks, and fan engagement tools. It also could be considered as a blueprint for disrupting traditional ticketing services with blockchain that could be turned into white-label solutions with secondary market innovations and fan-driven funding models.