AltLayer Documentation
  • đź‘‹Welcome
    • Overview
  • Restaked Rollups
    • VITAL for Decentralised Verification
      • Tier-1 Finality
      • Tier-2 Finality
      • Tier-3 Finality
    • MACH for Faster Finality
      • Interoperability via MACH
    • SQUAD for Decentralised Sequencing
    • Staking of dApp Token
  • Wizard
    • Introduction
    • Technical overview
    • Create AVS
    • Manage AVS
    • Operator management
    • Hosted operator API (BLS based)
    • Custom AVS specification
      • Constructor specification requirements
      • Import Externally-Deployed AVS
    • Report bug or submit a feature request
  • Autonome
    • Deploy AI Agent
    • Autonome API guide
    • Uploading your own agent framework
    • Twitter/X login troubleshooting guide
  • ♾️AltLayer-Facilitated Actively Validated Services
    • Overview
    • AltLayer MACH AVS
      • Operator Guide
      • User Delegation Guide
    • Cyber MACH AVS for Cyber L2
      • Operator Guide
      • User Delegation Guide
    • DODOchain MACH AVS for DODO Chain
      • Operator Guide
      • User Delegation Guide
    • Fast Finality Layer for Soneium
      • Operator Guide
      • User Delegation Guide
    • Xterio MACH AVS for Xterio Chain
      • Operator Guide
      • User Delegation Guide
  • Upgrade Guide
  • 🥩ALT Restaking
    • Staking Info & Parameters
    • Restake ALT
    • Delegating reALT
    • Check and Claim Staking Rewards
    • Unstake ALT
    • Migration from Xterio (Legacy) ALT Pool to Xterio Restaked ALT Pool
    • Testnet reALT faucet
  • Rollup-as-a-Service
    • What is Rollup-as-a-Service (RaaS)?
    • AltLayer's RaaS Offering
    • RaaS Onboarding Guide
      • Optimism Rollup FAQ
      • Arbitrum Rollup FAQ
    • AltLayer Ecosystem
    • Clients in the Spotlight
    • Pricing Model
  • External Integrations
    • Account Abstraction using Biconomy
    • Enabling permissionless interoperability on AltLayer Rollup with Hyperlane
      • Deplying Hyperlane Warp Routes for ERC20 Token Bridging
      • Running Off-chain Agents
      • Setting up the bridging UI
    • Cross-chain Interoperability using Celer
      • Fungible Token Bridging
      • Non-fungible Token Bridging
      • Generic Message Passing
      • cBridge SDK
  • AltLayer's In-House Rollup Stack in Depth
    • How does AltLayer's in-house rollup stack work?
    • Decentralized Sequencer Set
    • Security via Fraud Proof
  • Rollup Types
    • Flash Layer Rollups
      • Example Use cases
        • NFT Mint Events
        • Games
        • Event Ticketing
    • Persistent Rollups
  • Core Features of AltLayer's In-House Rollup Stack
    • Modular
    • Elastic
    • Multi-VM Support
    • Fraud Proofs
    • Decentralized Sequencers
    • Tiered-Finality
  • FlashLayer Showcase
    • AltLayer's POAP NFTs Collection Mint
      • Performance Test in the Wild
    • Dark Forest Community Round
    • Oh Ottie! NFT Collection Mint
    • Dark Forest Community Round for Jump Crypto's Pit Event
    • Ottie 2048
    • Other demos
      • Fraud Proof Demo
      • Flash Layer Demo
      • Rollup Launchpad Demo
      • FlashGPT Demo
  • Implementation Status
    • Roadmap
    • Development Status
  • Community & Support
    • Community
    • Support
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On this page
  1. Rollup Types
  2. Flash Layer Rollups
  3. Example Use cases

Event Ticketing

The issues with the global ticketing industry are well-documented at this point. Bot-based tech has us fighting due to dynamic pricing, and getting into a mode of panic buying. Then there’s hidden fees, queues and scams, scalping, counterfeiting, pricing wars in the resale market and more. It’s all wildly unfair and unethical.

NFT-based ticketing has been making the rounds as a viable alternative. NFT ticketing could provide a more flexible and customizable ticketing experience for fans. For example, event organizers could create special NFT tickets for VIP experiences or exclusive events, or allow fans to purchase collectible NFT tickets that could increase in value over time. Not to mention, there could be transparency around the number of tickets available and their pricing - without the interference of systems generated to trick consumers. With the provenance that comes from NFTs, ticketing fraud could be eliminated and more data would be collected on the nature of, and appetite around secondary sales.

But if implemented on a vast scale for major global events - how can the underlying chain support the millions of users who make transactions on the network at the same time? After all, the NFT world is no stranger to congestion issues, network downtime and gas wars.

An app-specific scaling solution could help in such cases. But having an entire chain built just for an event is just not feasible! Following the event there will be no on-chain activity, making it a wasted resource. In such cases, a flash layer’s event-driven model could do wonders. One can spin up an on-demand layer for the duration of the event, use it to issue tickets and then once it is sold, the layer gets disposed of and the NFTs live on the underlying chain.

A flash layer refers to a disposable off-chain network that facilitates transactions by providing a boost in transaction speed and scalability. It operates in sync with the underlying blockchain. Flash layers are particularly useful when a developer expects an increased demand for a dApp. With a quick-to-deploy flash layer, they could integrate a rollup as per their needs to avoid congestion across the Layer1, and subsequently when a campaign ends or when demand tapers, they are free to easily dispose of the rollup via an “end-of-life” settlement on the Layer1.

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Last updated 2 years ago