UK based Electronic music news site Resident Advisor have launched a new face value ticket re-sale platform for events.
As reported by Billboard, the new site aims to “Eradicate the circulation of fraudulent tickets and prevent touts profiting from in-demand shows, with tickets sold at cost price”.
Resident Advisor Co-Founder Paul Clement told Billboard: “Having sold tickets for six years or so, we’ve seen firsthand the negative impact the secondary market can have on our industry with fans overpaying for tickets and often receiving fake tickets”.
Once an event is sold-out, customers can sell on their tickets at cost price and once sold, the original customer receives a refund minus the original booking fee. The service will span events from promoters that Resident Advisor works with across the globe in cities such as Berlin, Paris, Tokyo, and Belgium alongside the US.
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