WENEW is a community-driven, open-sourced and decentralised Smart ticketing platform adopting the most advanced blockchain technology and decentralized autonomous organization (DAO). Tickets are 100% traceable, impossible to counterfeit and programmable to resale conditions that can benefit event organizers, artists and fans. We strive to revolutionize event management and attendee experience, for both the real world and the Metaverse.
WENEW platform - VPass is Asia’s first Smart ticket issuance and trading platform that allows organizers of large-scale events such as international music festivals, concerts, sports events, exhibitions etc. to tokenize and trade their tickets.
A. Event Organizers
• Extra Cost
: Covers the expense of fake tickets at the event entrance ;
• Inefficient Cashflow
: Revenue settlements with ticketing platform occur only after the events ;
• No Secondary Market
: No control over secondary markets and scalper's actions;
• Lost of Vital Data
: Client data is often lost due to bots performing up to 40% of initial sales
B. Ticket Buyers
• Counterfeit Tickets
: Risk buying fraudulent tickets at a high price in secondary markets ;
• Unrecognized Fans
: Hard to be recognized by organizers for royalty rewards
C. Refund Dilemma
• Responsibility Varies by
Ticketing Sale Stage :
: Unclear responsible party for refunds ;
• Mutual Responsibility Avoidance
: Can happen in certain circumstances ;
• Delayed Refunds
: Time-consuming verification of buyers‘ refund details with the ticketing platform by organizers
Smart Tickets
- Guaranteed issuers' permanent copyright revenue
Traditional Tickets
- Copyright revenue is not available
- Traceable and impossible to spoof
- Fraudulent tickets are unstoppable
- Creating new events/ adding a new venue to existing events is effortless in just one minute
VS
- No digital asset value
- Collections turn into digital assets
- More tickets require more ticket-making costs
- Universal in both the physical world and the metaverse
- Not applicable in the metaverse
Before joining WENEW, Joey had over two decades of experience working in traditional investment and financial management for private and public companies. In addition to his vast experience in banking and finance, Joey serves as a strategic advisor and valuator to NFT projects and ICO procedures. Joey oversees WENEW’s overall operation activities and is responsible for long-term development strategy.
As the Chief Business Officer of WENEW, Faye is responsible for new business development, client management, external communications and social media liaison, strategic partnerships and assisting WENEW with its next growth phase as the company expands globally. Prior to joining WENEW, Faye worked in investment banking and asset management. Faye holds a Bachelor of Arts in Economics from the University of British Columbia and a Master of Science in Economic History from the London School of Economics.
Johnny Joined the blockchain field in 2015. In 2017, Johnny founded and built the first Internet Data Centre (IDC) solely for blockchain infrastructure in Hong Kong. Throughout his professional life, Johnny has been involved in the evolution of the internet from Web 1.0 to Web 3.0. Johnny believes that the technology behind NFTs will be crucial in changing the world. Johnny currently serves as the chairman of The Hong Kong Metaverse Industry Association. He will leverage his domain expertise and entrepreneurial skills leading WENEW to bring Web3.0 to practical application.
1. NFT ticketing uses Non-Fungible Tokens (NFTs) as a method of ticketing for events.
2. NFTs are unique digital assets that are verified on a blockchain, which makes them tamper-proof and traceable.
3. NFTs can represent tickets to events such as concerts, sports games, and festivals.
4. Each NFT represents a unique ticket that can be bought, sold, or transferred just like a physical ticket but can be authenticated and verified on the blockchain.
5. NFT ticketing can provide a more secure, transparent, and flexible way of managing and distributing tickets and has the potential to revolutionize the ticketing industry.
1. NFT ticketing uses unique digital assets called Non-Fungible Tokens (NFTs) to represent event tickets.
2. NFTs are verified on a blockchain, making them tamper-proof and traceable.
3. NFT ticketing allows for easy transfer and reselling of tickets.
4. Event organizers can create more tickets or options with NFT ticketing.
5. NFT ticketing is more scalable and can help reduce costs and delays compared to traditional ticketing
NFT ticketing provides a more secure, transparent, and flexible way of managing and distributing tickets for events.
1. NFT ticketing could integrate with smart contracts to automate the ticketing process, making it more secure and efficient, while providing organizers with more customer data.
2. As NFT ticketing evolves, there will be new and innovative uses of the technology, such as NFTs as loyalty rewards.
3. NFT ticketing could impact the secondary market for event tickets, as it allows for easier, safer transferability and resale of tickets, potentially increasing organizers' revenue.
4. NFT ticketing can be integrated with other technologies, such as virtual reality and in-venue transactions, to create more immersive experiences for attendees.
VPass is a new, innovative ticketing platform that uses blockchain technology to provide a secure, reliable, and cost-effective way of managing and distributing tickets for events.
With VPass, event organizers can issue NFT tickets for free in just a few easy steps, enabling ticket sales, refunds, and resales while tracking ownership and transaction history.
VPass ensures permanent copyright income for event organizers with its innovative use of blockchain technology, allowing organizers to earn revenue in every ticket resale.
By using VPass, event organizers can verify ticket authenticity, confirm fan identity, and offer loyalty rewards to increase engagement and build brand loyalty.
By providing a more secure, flexible, and efficient way of managing and distributing tickets, VPass is poised to become a game-changer in the ticketing industry.
Copyright© 2023 WENEW
ASTERIA
CTO
Double master in engineering and finance
Asteria worked as a data specialist in investment banks before moving to the crypto exchange platform in 2019 as Chef Technical Consultant. She also coordinated the first De-Fi product into the HK market, which realized an average monthly return of over 40%. Currently, she is appointed CTO in WENEW, leading the IT department in product development and system expansion, assuring the ticketing platform would fulfill users' satisfaction, including organizers, sponsors, and ticket buyers.
LEI
CPO
Professional in Cloud & Decentralised Storage
Lei had a bachelor's in Computer Software from Peking University and a master's in Engineering from the University of Delaware in the US. Lei designed the world's first online credit card real-time authorization system - called [Verified by Visa]. He once worked for the Canadian Transportation Information Centre, US Cisco, and US Convivia companies. After returning to China, Lei joined Huawei and was responsible for the product design of cloud computing de-centralized storage. Lei Joined WENEW to lead the product R&D team and is in charge of the product design, especially in the platform's connection to the blockchain and data storage.
GANCHUAN
CPO
Proficient in Data of Visit Traffic
Ganchuan graduated from Wuhan Technology University and Fudan University with a Master's in Software Engineering. Ganchuan is the key designer and DBA of the PHS backend database, which has billions of users. He worked in UT Starcom and IBM as head of technical management. Later Ganchuan joined Huawei and was liable for product planning related to cloud computing, decentralized storage, and data analysis. After Joined WENEW, he is responsible for product development, focusing on platform and product design in the WEB2 section.
JERRY
Project Advisor
Jerry has nearly two decades of extensive experience hosting large-scale music festivals in the Asia-Pacific region. Jerry successfully brought world-famous IP into over 73 cities and traffic over 50M people. He will oversee internal and external marketing directives, and spearhead activities related to growing brand awareness and platform visits. Through WENEW, Jerry will reshape the ticketing industry.
OWEN
Project Advisor
Owenzhu： born on Hainan Island, graduated from the School of Journalism and Communication at Tsinghua University. He has worked for Guangxi TV, CCTV, Phoenix TV, Tencent Video, etc. In 2014, he moved to Hong Kong through the "Talent Admission Scheme". He was awarded the "Outstanding Contribution to Hong Kong Service" award as one of the top 10 outstanding young people in Hong Kong in 2020. He was also the winner of the 5th Cross-Strait Young Writers Competition and has published works such as "The World Has Changed" and "I Love You, and You Are Free".
MILLER
Project Advisor
Doctor Degree from the University of Hong Kong, British and Hong Kong Chartered Engineer, Experienced Structural and Aesthetic Designer
