Satlantis has rolled out an events and ticketing platform that implants Bitcoin Lightning Network wallets right into user accounts and individual events. This allowsSatlantis has rolled out an events and ticketing platform that implants Bitcoin Lightning Network wallets right into user accounts and individual events. This allows
Satlantis Launches Bitcoin Lightning Ticketing Platform
- Satlantis has also amalgamated with Stripe to operate fiat payments and has said it plans to add stablecoin support.
- The Sacramento Kings was the first NBA team to accept Bitcoin for tickets and merchandise back in 2014.
Satlantis has rolled out an events and ticketing platform that implants Bitcoin Lightning Network wallets right into user accounts and individual events. This allows organisers to issue tickets and accumulate Bitcoin payments without tracking traditional payment processors.
The platform works likewise to services such as Eventbrite and Luma, providing ticket tiers, attendee management, and event pages. Every event on the platform usually gets a unique Bitcoin wallet, permitting organisers to accept payments and extract funds directly in Bitcoin.
Satlantis has also amalgamated with Stripe to operate fiat payments and has said it plans to add stablecoin support, providing organisers the capability to accept Bitcoin, traditional currency, or both via a single dashboard.
The firm mentioned its model is made to suppress ticketing fees and widen payment access in areas where conventional payment infrastructure is finite. The Lightning Network permits reduced-cost quick transactions by processing payments off-chain instead of settling every transaction directly on the Bitcoin base layer.
The Craze of Crypto into Event Ticketing
As per the data quoted by River marketing director Sam Wouters, the network listed around $1.1 billion in transaction volume over 5.2 million transactions in November. As per the firm’s crowdfunding page, investors in Satlantis comprise Bitcoin Opportunity Fund and Timechain Capital, a venture capital fund aimed at Bitcoin infrastructure projects.
The history of bringing crypto into event ticketing traces long back. The Sacramento Kings was the first NBA team to accept Bitcoin for tickets and merchandise back in 2014, and the Dallas Mavericks followed in 2019.
Talking about blockchain settlement, TIX, the on-chain network behind KYD Labs, is working to tokenise tickets as real-world assets that can be used to access capital and automate repayment.
FIFA has also set its foot into the space before the 2026 World Cup, selling “right-to-buy” NFT tokens that grant holders a reserved window to buy match tickets at face value if some given conditions are met.
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