Source: Depositphotos
UTIX, the blockchain e-ticketing platform, has moved a step closer to bringing its vision to a global audience following the listing of its native token on BitMart. The $UTX token will be available for trading on the established crypto exchange from October 31. The token plays a pivotal role in the UTIX e-ticketing ecosystem.
UTIX was founded with the goal of disrupting the ticketing industry, which has long been plagued with accusations of unfairness and opaqueness. Practises such as price gouging and touting have seen middlemen cream off much of the profits, short-changing fans and artists alike. The $UTIX token powers the e-ticketing platform of the same name where event tickets can be bought and sold online.
The First of Many
BitMart is the first major exchange to list the $UTX token, which has a number of use cases including serving as a rewards token for customer loyalty. To realize its goal of taking on the ticketing industry and moving a slice of its busin
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