Backstage Crypto POS Wallet — Providing Liquidity to the Events Economy

BKSBackstage Official
4 min readFeb 3, 2022

Backstage is developing a community-driven social and financial platform that will enable entertainment producers, event organizers and content creators to access options never before seen in the music industry.

Backstage’s token-based ecosystem propels the events and entertainment industry toward financial independence, while SOLVING the biggest problems currently haunting the space.

As you may already know, the Backstage ecosystem consists of three main components: the BKS Marketplace, the Crypto POS Wallet and the BKS Launchpad.

In this article, we’ll look closer at Backstage’s Crypto POS Wallet. Grab a cup of coffee and enjoy reading.

What Is the Backstage Crypto POS Wallet?

The Backstage Crypto POS Wallet is an all-in-one financial tool, and the $BKS token fuels the Wallet. Our goal is for $BKS and the BKS Wallet to become the primary currency and wallet for the global events and entertainment industry.

Any user can make use of the BKS Wallet:

  • Fans can use it to make purchases
  • Agencies can use the Wallet to bulk-buy NFT tickets
  • Vendors can use it for invoicing and accepting payments
  • Venues can accept payments and pay vendors with the Wallet

The use cases are endless. In short, the Backstage Crypto POS Wallet is the central piece of the Backstage ecosystem. Without it, no transactions could take place.

With the Backstage Crypto POS Wallet in place, users can also hold and store tokens, connect to the Backstage Marketplace to purchase tickets, trade exclusive NFTs, buy merchandise, and more. It is also a tool that the community and investors can use to connect to the Launchpad to invest in promising events and put their $BKS tokens to work.

What Can Backstage’s Crypto POS Wallet Offer to the Industry?

Backstage’s Crypto POS Wallet will be a gamechanger for the events industry. The Wallet simplifies operations, facilitates payments, drives investment, and enhances liquidity. It is also a powerful tool for financing the event industry and enabling a trusted ecosystem powered by the community.

By having the $BKS wallet installed, venues can seamlessly accept and use crypto anytime, anywhere. With $BKS tokens in their wallet, users can buy tickets, food and beverage, equipment rentals, reservations, merchandise and more. $BKS holders can also get rewarded for supporting the ecosystem by locking and stacking their tokens to earn yield.

All in all, the Crypto POS wallet will be an important part of the ecosystem infrastructure. It’s like a bank, wallet, investment platform, and business payments app all in one.

Since it will have staking, our team firmly believes the BKS Wallet will help bring much-needed liquidity to the industry. The BKS staking feature connects the industry and the fans, allowing industry professionals to fund future endeavors with the liquidity provided.

Without the Crypto POS Wallet, there is no tool for users and token holders to interact with their tokens and to store their beloved NFTs. The Backstage Crypto POS Wallet operates much like a decentralized private “bank”, enabling users to securely store their tokens and NFTs without recurring to a third party.

Backstage Crypto POS Wallet Features

Important Backstage Crypto POS Wallet features include:

  • Store, hold and trade $BKS tokens
  • Store, buy and trade NFT’s
  • Buy and hold tickets
  • Show proof of ownership of tickets, NFTs, etc
  • Staking $BKS tokens
  • Connect to the Marketplace
  • Connect to the Launchpad

When will the Backstage Crypto POS Wallet go live?

Our team is working effortlessly around the clock to have the platform and its key elements ready to go. We look forward to having the rollout of all the components of the platform underway and we’re pretty confident the final development will come in Q2 2022.

Stay tuned — Backstage will soon have some exciting news about the Crypto POS Wallet!

About Backstage

Backstage is powering the crypto revolution in the events industry. Through the BKS token and our blockchain ecosystem, Backstage aims to solve the current challenges facing the events and entertainment sectors. From financing and payments to NFT ticketing and marketplaces, Backstage $BKS will take the events industry toward a more sustainable, profitable and fair future. Backstage has a very strong and open community and everyone can join and contribute to the platform’s development by purchasing tokens and helping fund the entertainment industry.

Find out more about Backstage:

Twitter | Medium | Telegram | Instagram | Whitepaper

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