Captain is a technology studio pioneering Web3 commerce.
Builders of @xpticket—a decentralized exchange for fans to buy and sell sports & concert tickets.
Massive shoutout to @captaintechlabs for making this all possible :)
We're excited to watch them build out a one of a kind ticketing experience XP with @xpverse 💫
Only possible on Solana 😉 ⚡
Oh and did we mention they threw in $50k+ of rewards as well? 👀💸
5/7 👇
We built XP on @solana because we believe the future of the live events industry lies in decentralization–moving away from the model of exploitative, rent-seeking middlemen and towards a future of platforms as value-add facilitators.
https://t.co/JnsJmhTWMA
Crypto is about disintermediation and there are few industries that suffer from more frivolous intermediation than the entertainment industry.
We’re excited to back XP - a Solana based ticket marketplace that is fighting to give fans and entertainers a venue for ticketing that provides them value, instead of leaching it.
Solana-based ticketing startup @xpticket wants to transform the fan experience — and save customers a few dollars along the way
https://t.co/4CcJ8pftfZ
🚨JUST IN: @xpticket has raised $6.2M in a round led by @BlockchangeVC to expand its Solana-based ticketing platform. The funding will support development of identity-driven features aimed at improving the fan experience.
We're thrilled to share XP has raised $6.2M to build the future of ticketing–with fans at the center–led by @blockchangevc with @L1D_xyz, @reflexivexyz, and others.
More below on how this accelerates our mission to build the most fulfilling live experiences for fans 👇
Today, we’re announcing that we’ve decided to back @saunders3000 and his team to build @xpticket.
When I met Mike at Breakpoint in 2023, he had just won the Grizzlython. I soon learned that Mike is a serial entrepreneur having sold his previous company to Grubhub and managed to bring his team along with him on a 10 year journey to eventually find their next goal: to build a better ticket marketplace.
Now, let me tell you a little about me. I go to a lot of shows, probably 30 a year, mostly concerts and some games. So I feel confident when I say that the current UX for ticket buying is archaic. The exorbitant fees, the lack of “resellability”, the difficulty of finding seats, this is just the tip of the iceberg. Mike’s vision for tickets is different.
Mike sees tickets as an asset class and the ticket exchange as, well, an exchange. He also sees the ticket buyer, not just as a buyer, but as a fan. This is what XP is building: an exchange for fans.
Despite Mike’s track record, this was a very hard round to raise. Almost every VC I introduced Mike to shared that “they would never do blockchain and ticketing”. Ticketing was too hard, too many incumbents.
This was music to my ears, because as an investor, I’m looking for truly contrarian investments and this checked all the boxes:
✅ Killer Founder & Team
✅ 1 → 100 innovation
✅ Serious traction
✅ A sector that average investors wouldn’t consider
I can go on and on about why XP is going to revolutionize the ticketing world, so if you want to hear more, feel free to reach out.
But if you want to XPerience what it takes to win, I highly recommend you sign up for XP today. Join me and watch as this team ships one of the best products in crypto faster than you could ever imagine.
For our first IRL reward, we're offering a Meegos-themed rug.
The winner has the choice to claim the prize by unsealing the tpNFT, opening a ticket, and sharing the code, or to trade the tpNFT under the "Blocksmith Labs Rewards" collection on ME or Tensor.
We're excited to announce our collaboration with @captaintechlabs to introduce sealed Tamperproof NFTs (tpNFTs) as a part of Blocksmith Lab's IRL rewards in the Atlas3 Lossless Lottery 🔷
We applied all these ideas to build XP: A different type of marketplace.
@xpticket is a web3 native marketplace with 10M+ tickets to sports games and concerts across the US.
We’re thrilled to announce the official launch of XP - A Web3-native marketplace for live events.
Find 30M+ tickets to your favorite concerts & sports games- without the hidden fees.
Solana #Breakpoint2023 will be livestreamed each day of the conference for the global community on X and YouTube starting at 9:00am UTC Oct. 31st! ☀️
More info & tune in 👇
Excited to announce that I’m speaking at Solana Breakpoint 2023 about Disrupting Marketplaces on Oct 31. 🎉
Hope to see you in Amsterdam!
#Breakpoint2023@captaintechlabs@xpticket