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URL: https://www.marketwatch.com/press-release/ticket-squeeze-opens-new-york-broadway-to-crypto-2021-11-24
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PRESS RELEASE


TICKET SQUEEZE OPENS NEW YORK BROADWAY TO CRYPTO

Published: Nov. 24, 2021 at 4:31 a.m. ET

  comments


THANKS TO TICKET SQUEEZE, NEW YORK BROADWAY, THE WORLD'S MOST NOTORIOUS
COLLECTION OF THEATERS, WILL ALLOW USERS TO PAY CRYPTOCURRENCY TO SEE THEIR
FAVORITE PERFORMANCES.


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The MarketWatch News Department was not involved in the creation of this
content.

New York, New York, Nov 24, 2021 (Newsfile Corp via COMTEX) -- New York, New
York--(Newsfile Corp. - November 24, 2021) - Ticket Squeeze, an online ticketing
marketplace where fans can buy tickets to their favorite shows, has recently
added cryptocurrency gift cards to its platform. The cryptocurrency and NFT
space has seen unprecedented growth in the last year, and the online events
marketplace must seize this opportunity by driving user growth through the roof.

Ticket Squeeze is one of the most popular resale marketplaces for entertainment
tickets, particularly in the United States and Canada, and covers major events
ranging from concerts to sporting events. TicketSqueeze is well-known for its
transparency in ticket pricing, and it offers customers easy access to over
10,000 live events. Ticket squeeze is taking it a step further by bringing
cryptocurrency to Broadway in New York and across the USA.


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New York Broadway, the world's oldest and most famous location for the arts, has
been the birthplace of many musical icons, including Hamilton. Broadway will be
leading the way again by now accepting cryptocurrency payments through Ticket
Squeeze. Ticket Squeeze intends to drive cryptocurrency mainstream adoption by
giving theater-goers the opportunity to buy tickets to everyone's favourite
world famous musicals using cryptocurrency, a first for Broadway.

Ticket Squeeze would use a gift cards model, allowing users to buy gift cards
with cryptocurrencies, which they could then exchange for tickets to their
favorite shows. Ticket squeeze is also aware of the issues surrounding
cryptocurrency regulation, and they intend to make their cryptocurrency gift
cards model as compliant with cryptocurrency payment policies as possible.

When asked about the new payment method integrated by his company, Ticket
Squeeze COO Matthew Smith stated that the company's goal is to bridge the gap
between the DeFi sector and the general public by facilitating newcomers' entry
into the crypto space whilst navigating changing regulations through the use of
gift cards. "We are passionate about the mass adoption of cryptocurrency and
hope to promote the growth of digital currencies as a payment method by being
the first to open up the events industry to cryptocurrency." As some of the most
popular currencies in circulation, Ticket Squeeze intends to accept Bitcoin,
Ethereum, Litecoin, and Dogecoin payments.



The gift card model is the first step in a larger cryptocurrency plan. Ticket
Squeeze intends to fully transition to direct cryptocurrency payments at
checkout for online tickets in the future.

Ticket Squeeze is confident that by offering a unique opportunity for entry into
the crypto space via gift cards, it will be able to onboard an untapped
population of "non-tech people" and secure easy access into the crypto
marketplace, which had been a significant impediment to the growth of the DeFi
sector thus far.

Media Contact:

Email: info@ticketsqueeze.com

To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/104954







COMTEX_397593825/2523/2021-11-24T04:31:55

Is there a problem with this press release? Contact the source provider Comtex
at editorial@comtex.com. You can also contact MarketWatch Customer Service via
our Customer Center.

copyright (c) newsfile corp. 2021. all rights reserved

The MarketWatch News Department was not involved in the creation of this
content.


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