Celebratix Secures €1.1M to Revolutionize European Ticketing with NFT Technology
November 20, 2024Celebratix, a blockchain ticketing startup based in Amsterdam, has successfully raised €1.1 million in investments from several Dutch serial entrepreneurs, Swedish VC uBIT, and UK business angel Justin Rees.
Backed by Solana, Celebratix aims to redefine ticketing standards across Europe, allowing event organizers to sell tickets directly and avoid fees from secondary marketplaces.
The startup's innovative NFT ticketing approach seeks to onboard over 1 billion users into Web3, enhancing the attendee experience while reducing costs for organizers.
Celebratix offers a secure ticketing system that does not require users to engage with cryptocurrency, making it accessible to a wider audience.
Recently, Celebratix entered the German market, providing services in Berlin and Hamburg.
The recent investment will facilitate international expansion, focusing on markets in Sweden and the United Kingdom.
Founders Frank Roskam, Hans Jochem Dijk, and Guy Rombaut plan to use the funding to expand into Sweden and the UK.
In addition to market expansion, the funding will be utilized to hire additional back-end developers and enhance sales efforts.
Currently, Celebratix services major venues in Amsterdam, Hamburg, and Berlin, targeting a core customer base in Amsterdam's vibrant event scene.
Frank Roskam, CEO of Celebratix, emphasizes the company's commitment to setting a new standard in blockchain ticketing, informed by their experiences as event organizers.
Founded in 2022 by Hans Jochem Dijk, Frank Roskam, and Guy Rombaut, Celebratix leverages the Solana blockchain to enhance event revenue and manage customer data efficiently.
The company has established a customer base in Amsterdam, servicing notable venues such as the Chicago Social Club and Jimmy Woo, and is expanding into Germany through a partnership with MixMag.
Summary based on 2 sources
Get a daily email with more Startups stories
Sources
Tech.eu • Nov 20, 2024
Blockchain ticketing startup Celebratix secures €1.1MSilicon Canals • Nov 19, 2024
Amsterdam’s blockchain ticketing startup Celebratix secures €1.1M - Silicon Canals