Web3-Friendly Lampu Festival in Bali Uses NFT Tickets and Crypto Payments

Key Takeaways:

1. Web3-Friendly Lampu festival used NFT ticketing for secure entry, reducing fraud.
2. Payment options included traditional methods and USD Coin (USDC).
3. Belong provided a branded platform with event schedules and real-time updates.

YEREVAN (CoinChapter.com) — The Lampu festival in Bali, inspired by the world-famous Burning Man, integrated Web3 technologies for its 2024 event. Held from Feb. 29 to March 3, the festival welcomed over 1,000 attendees who experienced NFT ticketing and crypto payments.

Lampu Festival Implements NFT Ticketing for Secure Entry

NFT ticketing was a feature of the Lampu festival. Each ticket, a unique digital asset stored on a blockchain, ensured authenticity and ownership. This method reduced fraud and improved operations for the organizers. Unlike traditional tickets, NFT tickets provided a secure method of entry, eliminating the risks of counterfeiting or loss.

Belong’s platform offered multiple ticket price tiers. After successful payment, users received their tickets in NFT form. The transaction ID was available on Etherscan, and the NFT was visible on the OpenSea platform. Gasless minting allowed payments with USDC without needing other cryptocurrencies like Polygon (MATIC) or Ether (ETH). Festivalgoers then scanned their QR code on the same platform to enter the event.

Jay, Belong’s founder, stated,

“Our goal is not only to provide software but also to enhance engagement and create meaningful connections within communities.”

Payment Options at Lampu Festival

The festival’s payment options included both traditional methods and USD Coin (USDC), a stablecoin pegged to the U.S. dollar. Community owners received payments in USDC, simplifying the financial transactions.

Visitors to the Lampu festival could choose from Apple Pay, Google Pay, and Web3 wallets, providing a variety of payment options to suit different preferences. This flexibility ensured that both tech-savvy attendees and those less familiar with cryptocurrency could easily participate.

Belong’s platform developed a Lampu-branded landing page for the event. This page included event schedules, community links, and real-time updates. It was designed to be accessible to a diverse audience, including those unfamiliar with Web3 technologies.