Ticketmaster has allegedly deceived fans by including NFTs with Stray Kids’ “MANIAC” World Tour tickets

Stray Kids fans have claimed that Ticketmaster tricked them into an unprecedented NFT release for Stray Kids’ “MANIAC” World Tour 2022.

On April 29, Stray Kids STAY fans claimed that Ticketmaster apparently tricked them into buying NFTs while selling “MANIAC” tour tickets to the North American region.

The question began to go viral on the internet and social media after fans realized that when they had completed the process of buying tickets for the concert, they had received a message from Ticketmaster that they had purchased a “Virtual Commemorative Ticket” in the form of NFT.

According to some fans, they were not aware that Ticketmaster had embedded an NFT product in the tickets they purchased because it was not there originally. The question of NFT’s involvement in Stray Kids World Tour tickets arose the next day.

NFT stands for Non-Fungible Token, which is basically a digital memory that you can practically own with all of its unique signature. The term “non-fungible” means “irreplaceable” and “unique”, as NFT objects can have only one official owner with proof of exclusive ownership, while others can only be copied without their value. For some people, NFT exclusivity is worth a lot of money.

Once you own an NFT, your ownership of that NFT will be recorded digitally through blockchain, a digital ledger that records all digital currency exchanges. Anyone can access this registry, which allows them to find out who owns which NFT and track the ownership history of NFT.

However, most Kpop fans, especially STAYs and ARMYs, have rejected the growing activity of NFTs in the Kpop industry. This is because they fully understand that tons of computers take up a lot of power in every NFT transaction. Some people even say that one NFT transaction equals months of energy for one person.

And since this energy comes from power plants that emit CO2 into the atmosphere, it is a massive contribution to climate change and environmental destruction.

Knowing how much damage NFTs are causing to the environment and how fans are completely against the Kpop x NFT idea, JYP ended their project to integrate NFT activity into products from its artists.

On April 4, a digital assets company and JYPE’s former NFT partner, Dunamu, said the two parties had terminated their agreement.

“Dunamu and JYP Entertainment planned to establish a joint venture for the NFT business, but at the moment we have decided to terminate our business contract by mutual agreement.”

Apparently, “MANIAC” World Tour 2022 is not the first time Ticketmaster has misled their artists’ fans about the NFT issue in tickets. Previously, the same thing happened for MONSTA X, My Chemical Romance and Slipknot.

Given the amount of backlash from fans, to protect the environment, even Stray Kids’ company JYP Entertainment ended their joint venture to create NFTs.

And of course, Stray Kids fans were shocked when a fan realized that Ticketmaster had told them they had bought an NFT that came with the concert ticket.

What do you think ?

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