SeatlabNFT is a platform that utilizes NFT technology to enhance connectivity between artists, fans, event organizers, and brands. The goal is to create a more immersive experience for event-goers and enable artists to establish valuable relationships with fans by identifying and rewarding loyalty and event attendance.

The live events industry is often driven by profit and plagued by scalpers and bots. SeatlabNFT aims to change that by putting experience and connection back at the heart of attending live events.

Built on the NEAR Protocol blockchain, the platform also aims to revolutionize the event ticketing industry by eliminating fraud and reducing the impact of scalping. Tickets are tokenized and governed by smart contracts, enabling predefined royalty splits.

When a ticket is minted, artists and event creators can choose where a percentage of the revenue from any secondary sales is directed. This reduces the impact of ticket scalping and ensures that artists and event organizers benefit from secondary revenue.

The goals of SeatlabNFT include incentivizing and rewarding fans, eliminating fraud, reducing the impact of scalping, and creating a healthy and transparent secondary market. The platform also introduces the $SEAT token as its utility token, which offers benefits such as staking, booking fee discounts, and access to an exclusive Rewards Centre.

SeatlabNFT allows artists and event organizers to list events and mint tickets easily. The platform supports customizable and brandable NFT tickets, and sellers can set royalty splits and airdrop exclusive perks to ticket holders. Additionally, standalone collectibles can be created and sold alongside NFT tickets.

The platform provides in-depth reporting on ticket sales and revenue, and it includes a marketplace for minting, selling, and transacting NEAR-based NFTs. SeatlabNFT charges no fees for listing events, minting NFT tickets, or selling them on the platform. Buyers pay a 6.5% fee on purchases, which can be reduced for holders of $SEAT tokens.

The total token supply of $SEAT is 845,000,000, and the founders of SeatlabNFT are Ryan Kenny and Jack Waterfield. Ryan has extensive experience in the blockchain space and digital marketing for the live events industry, while Jack is a creative director with experience in design and development. Together, they aim to create viable solutions for the ticketing industry and ensure fairness for all involved.