Tired of ticketing fees and bots stealing front-row seats? That’s about to change.
a16z Crypto just bet $7 million on a bold new player — KYD Labs — a blockchain-powered platform that wants to put artists and venues back in control.
🚨 Why This Matters:
For years, artists and venues have lost revenue and fan data to third-party ticket platforms.
KYD Labs is flipping the system:
Built on Solana for lightning-fast purchases (under 30 seconds! ✅)
No crypto wallet needed — just your phone number
Early adopters like NYC’s iconic Le Poisson Rouge saw +30% ticket sales 📈
💡 What’s New?
🎫 Launching $TIX tokens to reward loyal fans (think airline miles, but for concerts)
💰 Rolling out $KYD tokens to help venues and artists fund shows
💼 Co-founded by ex-Ticketmaster PM and ad-tech veteran.
📈 The Growth Is Real:
$4M in ticket sales processed
$1M+ in revenue in just one year
Target: 100+ U.S. venues by 2026
🔍 Why You Should Care:
This isn’t just another Web3 startup. This is a real-world blockchain use case solving a billion-dollar problem.
If KYD succeeds, it could finally kill the ticket resale chaos, reward true fans, and give artists the power they've been missing.