Get the best crafted state-of-the-art solution with Backstage’s native token $BKS

BKSBackstage Official
3 min readAug 6, 2021

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Introducing Backstage’s modern solution to classic challenges of the event industry:

As per the latest survey, around 80% of the marketers have believed that live events have proved critical for their company’s growth. Events of every kind and number are happening around the world like concerts, trade shows, sporting events, seminars, and much more. But, every event faces the common challenge of managing the events. It’s the need of the hour to create a solution that can welcome new ways of revenue generation and greater engagements at such events. The logic is simple. The larger the event engagement, the higher will be earning opportunities. But, this can be effectively executed only with the power of avant-garde technology. And, to our surprise, blockchain technology happens to be the best and the perfect solution to revamp the event management ecosystem.

Therefore, with a perfect blend of technology and expertise in event management, $BKS was developed with an aim to target the centralized economy of the event industry and convert it into a decentralized one.

Why is Backstage’s revolution of paramount importance?

  • A grave concern in an event is ticket fraud. It holds a potential scope of the fraud. Popular matches and events tickets are sold out in no time. And, there are many fans who are desperate to attend the event at any cost and start looking for an alternative source. Therefore, ticket scalpers buy tickets beforehand to create a shortage of tickets and sell them at exorbitant prices to those desperate fans.
  • But, by leveraging Binance Smart Chain’s robust network, Backstage has developed its currency $BKS on BEP-20 tokens standards. Event managers can now tokenize the tickets and sell them at exclusive platforms, negating any chance of predatory ticket scalping. The sellers can also access the transaction details of the tickets at any time.
  • If a huge event is organized with a large crowd of attendees, the management of the event can be a mess. Filling the demands of every attendee can be a big issue. Another thing that can happen is more than one attendee can enter the event if there is a huge crowd.
  • Therefore, to offer a hassle-free experience, event organizers can use $BKS for everything. Literally! Food, drinks, and much more. They can also track the number of attendees in the event with the help of blockchain technology through virtual identity cards, which will authenticate the attendee’s participation in the event.
  • Event organizers always face the problem of venue scouring. A perfect venue that encourages a huge population to join and become a source of greater revenue. Event organizers can leverage the Backstage platform for a perfect venue source in a decentralized space that suits their needs and requirements in an entirely transparent and secure manner.
  • Availing sponsorship can also be done easily through Backstage’s platform. Backstage will help you create an awesome event that will let you attract your potential investors/sponsors.

Conclusion

Backstage can give you a platform that will allow you to leave a long-lasting impression on your attendees. A hassle-free and rich experience for everyone. Backstage works on a simple key of offering smart and simple but extraordinary experiences to its users. It’s on its way to launch an ICO soon.

Be ready to participate https://bksbackstage.io/

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BKSBackstage Official
BKSBackstage Official

Written by BKSBackstage Official

Blockchain Revolution in the Events Industry

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