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Solana-Based Ticketing Startup XP Nabs $6.2M—Because Even Blockchain Needs Scalpers
Solana-Based Ticketing Startup XP Nabs $6.2M—Because Even Blockchain Needs Scalpers
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Solana’s ecosystem scores another win as XP, a blockchain-powered ticketing platform, secures $6.2M in fresh funding. Because nothing says ’disruption’ like paying VCs to reinvent Ticketmaster—but with extra gas fees.
The raise comes as Solana continues its post-FTX rehabilitation tour, proving there’s still appetite for high-throughput chains—especially when they promise to cut out middlemen (while creating new ones).
Investors clearly betting that event ticketing—ripe with fraud and monopolistic practices—is low-hanging fruit for blockchain’s transparency pitch. Now watch as all tickets get minted as NFTs... only to end up on StubHub with a 300% markup.
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