Backstage (BKS) ICO Details & Financial Information

Backstage is powering the crypto revolution in the events industry. Through the BKS token and blockchain ecosystem, Backstage aim tod solve the current challenges facing the events and entertainment sectors. From financing and payments to NFT ticketing and marketplaces, Backstage will take the events industry toward a more sustainable, profitable and fair future.

**Why Backstage?**

1. Digitization

Backstage can bring the events industry together on the blockchain and set the industry up for the 21st century and beyond. Think about the efficiencies a blockchain ecosystem creates. As Don and Alex Tapscott write, “The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”

2. Financing

BKS can be a financing vehicle for artists, event venues, entrepreneurs, etc. COVID-19 hurt financing for many companies, as lenders and investors stayed away from companies that depended on in-person events. Now, it’s time to adopt a blockchain-based financing system that’s transparent, trustless, and efficient. No longer should festival operators or musicians have to knock on bank doors for capital. They can raise BKS tokens to launch their event!

3. Ticketing

Leveraging NFT technology, Backstage can help put an end to counterfeit ticketing. Each NFT is unique, non-interchangeable, and verifiable just like fingerprints. The lack of interchangeability (fungibility) makes counterfeit tickets impossible. Plus, event operators won’t have to charge ticket fees, as they won’t have to rely on legacy players like Ticketmaster, who charge fees that equal an average of 27% of the ticket price. All they have to do is integrate the Backstage NFT platform into their ticketing process.

4. Unification

Everything can be achieved within the Backstage blockchain. For example, your customers could use BKS tokens everywhere they go, whether you’re holding a virtual conference in the metaverse or a music festival in Miami. You don’t have to worry about different currencies and payment systems, as it all can be handled on one digital platform.

5. Fair Value

The events and entertainment players reward the monopolists now. Even if a young creator manages to make it big, chances are YouTube, Spotify, or another platform is taking more than their fair share. We need a system that rewards people for what they are worth. Through Backstage’s blockchain ecosystem and NFT marketplace, creators, like musicians, artists, and comedians, can finally get rewarded fairly for their work. The Backstage NFT Platform enables content creators to immortalize their content and productions as NFTs. In this way, musicians, producers, creators of any content of interest can rapidly monetize on their talent within the events ecosystem.

**Features:**

Marketplace - Where all economic activity in the events industry happens, from ticket sales to advertising orders. One-stop shop for everyone in the industry, the BKS Marketplace lists ticket sales, NFT drops, advertising opportunities & more.

NFT Ticketing - Unique art-like NFT tickets designed to drive merchandise and at-event sales; loyalty NFTs to generate revenue for Backstage while offering owners privileges. Unique and beautiful NFT tickets that act as a sales channel for artists and venues by providing added value, such as artist merchandize

Crypto POS Wallet - The first Business Crypto Wallet, seamlessly accept crypto, swap currencies, pay invoices and more; a buyback mechanism to support partner liquidity and create buy pressure for the BKS token.

Launchpad - A fundraising platform for the industry, a meeting place for event organizers, venues, tours and investors. Find funding for your event efficiently. Hold Initial NFT Offerings. Invest in promising events, tours, venues & clubs. Get rewarded for being a supportive fan.

**BKS Token Utility**

- NFT Collectible Sales
- Advertising Payments
-NFT Ticket Sales with addons & Resales
- Agency Bulk Ticket Purchases
- Event Fundraising on the Launchpad
- Event Purchases with Backstage Buyback
- Access to the STAGE Community for Networking & Deals
-BKS Crypto Wallet for Efficient Operations & Maximum Liquidity