Cryptocurrency News

Binance jumps into NFT ticketing after UEFA League fiasco

07/28/2022

Less than a minute

2022.07.28 21:34

Binance jumps into NFT ticketing after UEFA League fiasco

Following the chaos caused by counterfeit tickets in the UEFA Champions League 2022, crypto exchange Binance has launched the pilot of its nonfungible token (NFT) ticketing solution with football club Società Sportiva Lazio for the 2022 to 2023 season.

In the announcement sent to Cointelegraph, Binance highlighted that NFT tickets will solve the issue of fake tickets and eliminate scalping, preventing disorder in sporting events. Apart from access to events, the NFT tickets will also serve other purposes such as store and match discounts, token giveaways and other experiences with S. S. Lazio.

07/28/2022

Less than a minute

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