Iqbal Ameer

@iqbalaaameer

74 Following

12 Followers

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Exactly! It's time for a change to benefit both parties. Btw, thanks for the tip Jamie!

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It becomes a financial planning decision to watch your favorite artist live. The current model is broken. How can we change this? By ensuring that everyone wins. That's what we're doing at @allaccessio ! (5/5)

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Promoters are taking on even more financial risk to front these artist requests and simply to break even they have to charge the fans extortionate amounts of money. I mean the average ticket price for a Taylor Swift concert is over $1000. (4/5)

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So where has the artist turned to to make up for this loss in revenue? Live Events. They have lifestyles to upkeep, and albums to produce and so they've got to make it back somehow. But who bears the cost? The event promoters and the fans do. (3/5)

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Music and album sales, Platforms like Spotify and Apple Music don't paint the full picture. No one knows what a certain amount of streams equates to. It's not an accurate depiction of what an artist is actually making. (2/5)

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"Ticket prices are just astronomical right now," said David "5-1" Norman, an industry veteran who has toured with Prince, Green Day, and Alicia Keys. Why? Artists have lost their main revenue stream. https://digg.com/insider/link/jennifer-lopez-cancels-tour-slow-ticket-sales-concerts (1/5)

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Yes, it’s due to the rising cost of an artist which puts the ticket prices at an all-time high. But what all the promoters and event organizers need is data. With data available on-chain, organizers can know exactly how much an artist costs. Plus, they will know whether the artist can sell out the ticket rather than book the acts blindly. Through web3, we can combat monopolistic practices from big conglomerates like Live Nation, Ticketmaster, etc, and reinvest in creating the experiences that fans truly desire. Fans are the market, they should not pay more. Instead, they should be rewarded. That's what we are building at @allaccessio .

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We know the fans want them. And so we’re going to give it to them. (6/6)

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It’s very different when it’s someone’s job and when it’s an experience. They’ll never forget this experience and we want to create many more like it. Having the infrastructure in place makes creating experiences like these easy. (5/6)

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It was their one shot to chat to all the people they admire, to ask them interesting questions, to find out everything they want to know. They obviously did an amazing job because the incentives were aligned. (4/6)

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At this year's It's The Ship we had a fan interviewing the artists. Yes, that’s right. They were in charge of interviewing the performers for content. Why was this a good idea? Because it means a lot to the fan who won this perk. (3/6)

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The whole point of All Access is to give fans unique experiences and to get them to engage on a deeper level with the events and the performers. These artists and events mean a lot to the fans, so creating a platform that enhances their experience is motivating. (2/6)

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What’s a meaningful perk to a fan? It was easy to tell at our most recent It’s The Ship in South Korea. Witnessing the results of a @allaccessio perk at the event. https://youtu.be/i4CkVu45CC8?si=eG7XzPvul0khMdx5 (1/6)

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This level of connection and communication with a fan hasn’t been impossible until now and NFTs play a big role in that. There are ways to change the industry and make it sustainable again. If we don’t try new approaches soon, too many festivals will go out of business. (8/8)

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This can be done through preselling tickets and improved access to fans, fan feedback can help them build the right sets and book the right artists to ensure success, and they can offer perks that don’t necessarily cost them anything, but are priceless to fans. (7/8)

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It simply enhances the fan experience and our industry is one of many examples of where this applies. Event organizers, can go straight to the source and try to get rid of the cash flow problems they’re facing. (6/8)

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Fans can get access to their favorite artists, be involved in the creative process of events or with artists, and be motivated to engage and promote with unique rewards that they actually value. (5/8)

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That’s why at @allaccessio we’re trying to solve this because the way things are working isn’t sustainable. By using NFTs we can create a layered experience. Not only can it give like-minded people access to a community, but it can go deeper than that. (4/8)

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But the event organizer’s business model doesn’t support this sudden change. They’re now incurring more costs and artists are demanding more money. Which drastically decreases profits and even leads to many events making a loss. (3/8)

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