FairPass: The first fair ticket resale platform
The Problem with Today’s Ticket Resale Market
Did you know that 5–10% of all event tickets end up on the secondary market – and nearly half of those come from private sellers?
This has become a multi-billion-dollar industry where resale platforms earn millions, yet give nothing back to the organizers who create the events in the first place. Worse still:
- No real ticket authentication to prevent fraud.
- No guarantee that a ticket can only be resold once.
- Everything runs on a fragile layer of “trust” that is often not deserved.
The result? Fans risk scams, organizers lose revenue, and the resale platforms pocket the profits.