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MINGO, Hedera Based Wallet, Sets Sights on the Global Ticketing Industry

by Chainwire
December 17, 2024
in Press Releases

December 17, 2024 – Kingstown, St. Vincent and the Grenadines


MINGO, a digital wallet built on the Hedera Hashgraph network, introduces an NFT-based PDT (programmable digital ticketing) system to innovate the ticketing industry.

By addressing critical issues such as fraud, scalping and resale inefficiencies, MINGO delivers a secure and transparent solution trusted by leading names in sports and entertainment.

MINGO’s native token MINGO is set to go live on Coinstore on Wednesday, December 18, 2024, and more exchanges including BitMart by the end of the year, marking another milestone in MINGO’s mission to drive Web 3.0 adoption.

Trusted by industry leaders
  • WBC (World Boxing Council)
  • Fight Circus
  • NUCA MMA
  • Comic-Con Ireland
  • Tyson Fury
  • Goldstar Promotions
  • Hedera
  • WBC Muay Thai (World Boxing Muay Thai)
  • Yucateco Boxing League

These collaborations highlight MINGO’s scalability for large-scale events while enhancing the experience for both organizers and fans.

Key features of MINGO tickets
For event organizers
  • Fraud prevention – Hedera Hashgraph ensures each ticket is tamper-proof, effectively eliminating counterfeits and scams.
  • Anti-scalping measures – Price caps on resales ensure fair access for fans.
  • Additional revenue – Secondary sales generate commissions for event organizers.
  • Seamless delivery – Tickets are securely delivered and managed in the MINGO Wallet.
For attendees
  • Exclusive perks – NFT tickets can include VIP upgrades, gifts from organizers and meet-and-greets.
  • Collectible digital memories – Fans receive digital keepsakes tied to the event, such as messages from artists or highlights.
  • Enhanced utility – Tickets can unlock bonus content or additional event experiences before, during or after the show.
  • Secure resales – Transparent resale systems ensure fairness and eliminate scalping.
Built on Hedera – Security, efficiency and sustainability

Powered by the Hedera Hashgraph network, MINGO’s ticketing system benefits from Hedera’s low fees, high-speed transactions and energy efficiency.

As an early adopter, MINGO has been working with Hedera since 2018 demonstrating its long-term commitment to the network and the Web 3.0 space.

Driving innovation in ticketing

MINGO’s NFT ticketing system combines practical, real-world applications with blockchain technology, offering benefits that traditional systems cannot match.

By eliminating fraud, protecting fans and creating new value opportunities, MINGO is setting the standard for event ticketing.

Joe Arthur, CEO of MINGO, said,

“We’re honored to work with leaders across sports and entertainment to address the challenges of ticketing.

“Our NFT-based system isn’t just about tickets – it’s about delivering unforgettable experiences to fans while adding value for organizers.”

About MINGO

MINGO is a digital wallet and NFT ticketing solution built on the Hedera Hashgraph network.

Operating since 2018, MINGO offers secure, programmable digital tickets that eliminate fraud, protect fans and generate value for event organizers.

Trusted by leading organizations such as the WBC, Fight Circus and Comic-Con Ireland, MINGO is redefining ticketing for the digital age.

Website | X | Telegram | Whitepaper

Contact

Cillian Arthur, marketing manager of MINGO

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


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