UTIX is a blockchain-powered e-ticketing platform on the Ethereum blockchain, designed for effortless and controlled ticket sales by event organisers. It addresses challenges such as fraud, scalping, and transparency in the ticketing industry using smart contracts for secure, automated transactions. UTIX offers rewards and discounts through its UTX token for purchases on the platform, governance participation for token holders, minimal transaction fees with UTX tokens, and distinctive secondary market control to prevent scalping and ensure fair ticket access. This approach aims to enhance the ticketing process, providing a scalable, customisable solution for the e-ticketing sector.
