Support our efforts, sign up to a full membership!
(Start for free)
Register or login with just your e-mail address

Music Industry Executives Announce YellowHeart, The First Socially Responsible Live Event Ticketing Platform

Music Industry Executives Announce YellowHeart, The First Socially Responsible Live Event Ticketing Platform

Our news in your mail

* indicates required
News frequency *


New York, NY (Top40 Charts / YellowHeart) Today, music industry executives along with Grammy Award-winning artist/producer duo The Chainsmokers, announce YellowHeart, the first socially responsible live event ticketing platform. The first platform controlling end-to-end ticketing on a Blockchain will solve an issue that artists and ticketing providers have battled for years, while allowing fans to buy the best tickets for face value.

The secondary ticketing market is expected to grow to $15 billion in the next year due to the evolution of mobile ticket sales. Staggering statistics like this have awakened industry uproar and an increased demand for the YellowHeart platform.

"The plague of the scalping industry is something I've talked to artists and friends about for years, and with the unprecedented growth of this underground system, we knew it was time to find a real solution," said Josh Katz, YellowHeart Founder and CEO. "While technology and secondary ticketing sites are to blame for the growth of scalpers, we believe that technology is also our solution. Blockchain offers us the unique ability to track the entire ticketing lifecycle, which means the tickets end up in the hands of the fans, and no one else."

"With The Chainsmokers, we've been outspoken about the issue of scalpers for years, and are excited to partner with YellowHeart to provide a smart and effective solution that gives control back to artists and fans. As we continue to build this platform, we are focused on the issues that matter to us and our peers across genres. As you would expect, we've received incredible support from others in the industry who plan on joining our mission over the coming year," said Adam Alpert, CEO at Disruptor Records and The Chainsmokers' Manager.

The YellowHeart platform is an autonomous, fully decentralized and runs on a public Blockchain - which enables artists and teams to identify, market and sell directly to their fans. Artists can define a set of rules to govern how their tickets are sold, traded and who shares in the profits. Artists can set maximum resale prices, ensure tickets are distributed to genuine fans and elect to earn a share of tickets resold in YellowHeart's secondary marketplace. The YellowHeart platform will not impact the traditional user experience - no additional steps or added layers will be applied to finding and purchasing tickets to see a favorite band, sports team or show.
For more information, visit YellowHeart.io.

About YellowHeart
Founded in 2018 by Josh Katz, CEO, alongside partners Adam Alpert, CEO at Disruptor Records, and The Chainsmokers, Grammy Award-winning artist/producer duo, YellowHeart is the first socially responsible live event ticketing platform. YellowHeart is an autonomous, fully decentralized platform that runs on a public blockchain - which enables artists and teams to identify, market and sell directly to their fans. The platform is set to launch in 2020.






Most read news of the week
Spiritual Supernova Estelle California Releases "Star"
Vevo Announces Top 10 Most-Watched Music Videos In The Past Decade
Katy Perry Shares New Song & Video "Harleys In Hawaii"
Florida Georgia Line's Brian Kelley/Cuzbro Prods Joins The Producing Team Of Country Musical May We All
C Z A R I N A Releases Samurai Music Film "BLAZE: Dances Of The Yokai"
Amazon Music Announces "Produced By T Bone Burnett" Series With New Manchester Orchestra Track "Xela"
The Veldt To Tour East Coast With Seefeel, More Dates With Swervedriver, Y33BA
Looking For Alaska (Music From The Hulu Series) Available Everywhere Now
Hip-Hop Recording Artist Doeman (DYNA) Releases Empowering Music Video For His Latest Release "Rise Up"
Decks In The Park, Dallas's Largest Outdoor Halloween Party In The Park, Throws Its 6th Annual Electronic Music Festival At Klyde Warren Park On October 31, 2019
Zoom LiveTrak Series L-8 Digital Mixer & Multitrack Podcasting & Music Recorder; Preorder Now Available At B&H
Missy Elliott Drops Music Video For 'DripDemeanor'
Sam Moore To Perform With Garth Brooks On 'Grammy Salute To Music Legends'
Award-Winning The SpongeBob Musical: Live On Stage! To Debut On Nickelodeon December 2019
New Music Documentaries From Cleopatra Entertainment




© 2001-2020
top40-charts.com (S4)
about | advertise | site map
contact | privacy
Page gen. in 0.0326970 secs // 4 () queries in 0.013489007949829 secs


Support Top40-Charts.com (5$/year) We noticed you are using an Ad blocker! Please consider supporting our site. We provide free content for everyone and would love to only be funded by music lovers -> Find out how