The benefit is less about decentralization in this case (although it would be nice because fuck corporations, especially Ticketmaster) and more about the use of cryptography. The blockchain and non-fungible aspect allows people to buy tickets secondhand without a doubt in their mind that the tickets are fakes or copies, all without the need for a corpo-approved marketplace which make the rich leeches richer.
You can use cryptography in a centralised system too. The issues with the fakes is more that its not supported / people try to work around the system. Why would a block chain backed system stay that way after they are entrenched? It’s layers on top and all those layers are separate layers that are trying to make money… that’s where there funding comes from and why they exist. Why would they not go down the same path since owning their layer gives that control. I have friends that were working exactly in that space and I saw nothing that made me think they would be any better besides currently being smaller
The benefit is less about decentralization in this case (although it would be nice because fuck corporations, especially Ticketmaster) and more about the use of cryptography. The blockchain and non-fungible aspect allows people to buy tickets secondhand without a doubt in their mind that the tickets are fakes or copies, all without the need for a corpo-approved marketplace which make the rich leeches richer.
You can use cryptography in a centralised system too. The issues with the fakes is more that its not supported / people try to work around the system. Why would a block chain backed system stay that way after they are entrenched? It’s layers on top and all those layers are separate layers that are trying to make money… that’s where there funding comes from and why they exist. Why would they not go down the same path since owning their layer gives that control. I have friends that were working exactly in that space and I saw nothing that made me think they would be any better besides currently being smaller