The GET token is a crucial component of the GET Protocol, as it is the fuel that makes it possible for ticketing companies to issue tickets. How this works exactly and what this means for the ticketing companies that make use of the protocol and those who trade and hold the GET token is explained below
GET Protocol is a blockchain-based ticketing engine, allowing ticketing companies to issue admission rights in a fully digital way. This innovative approach provides many benefits over traditional ticketing. For example, one application of the system is eradicating fraud and ticket scalping.
Making use of the GET Protocol requires a fuel, called the GET token, or simply 'GET'. For example: Tickets that are sold and resold by ticketing companies using GET Protocol require GET to perform their duties.