For the ecosystem

Every ticket is a transaction.
Every fan is a wallet.

This isn’t a marketing campaign. It’s sustained, recurring on-chain activity from a real business with real users. Every event Sellout runs generates mints, transfers, resales, and attendance updates — all on Cardano.

The value

What the ecosystem gains.

Transactions

Every mint, transfer, resale, and check-in is an on-chain transaction

Not simulated. Not testnet. Real mainnet transactions from real ticket sales.

Wallets

200,000+ existing users getting Cardano wallets over time

Non-crypto users onboarded through custodial flows — no seed phrases, no friction. 20,000+ projected in Year 1.

Revenue

$6M+ flowing through Cardano from a single partnership

The Yellowstone Club series alone. More venues and more events compound this.

Events

Sustained, recurring, compounding activity

Every concert Sellout runs is a burst of on-chain activity. This is not a one-time event.

Narrative

Cardano becomes the chain that powers live events

Not DeFi. Not NFTs. Real-world infrastructure people immediately understand.

Projected targets

Measurable. Auditable. On-chain.

Initial deployment · Q4 2026 / Q1 2027

Events

50–75 events fully running on Cardano

Tickets

~30,000 NFT tickets minted

Actions

60,000+ on-chain interactions

Within 12 months

Events

200+ events leveraging on-chain ticketing (Sellout’s 350+ annual cadence)

Tickets

75,000+ NFT tickets minted

Interactions

150,000+ on-chain transactions

Revenue

At least $6M+ in on-chain ticket revenue

Migration curve (how we get there)

Sellout’s 350+ annual events are 350+ individual organizer relationships, each requiring opt-in — not a single switch. The migration is staged:

Q1

~10–15% of events on Cardano (early-adopter venues + Yellowstone Club anchor)

Q2

~30% — on-chain becomes the default for new events as first wave of case studies lands

Q3–Q4

~60% — platform default for all new event creation; legacy mode available but not promoted

Organizer-side friction is intentionally minimized: the on-chain layer sits behind Sellout’s existing UX, and organizers configure resale parameters through the same interface they already use.

Conservative case (25% migration)

Even if only a quarter of Sellout’s events migrate in year one:

Events

80–90 events with on-chain ticketing

Tickets

~20,000 NFT tickets minted

Wallets

~5,000 new Cardano wallets

Cost/wallet

~$220 per wallet — still well below industry benchmarks for crypto user acquisition

Public post-launch report (6 months from launch): Anvil and Sellout will publish a 6-month post-launch report covering actual vs. projected metrics, candid adoption-gap assessment, and “what we would do differently.” Non-binding accountability commitment to the Cardano community — independent of milestone disbursement.

Cost-efficiency math

~$7 per real on-chain transaction. ~$55 per new Cardano wallet.

The treasury contributes ~$1.09M USD and receives 150,000+ real mainnet transactions, 20,000+ new wallets, and a documented enterprise case study from genuine commercial activity — measured in cost-per-outcome, not as a fractional share of long-horizon Vision targets.

Competing L1 ecosystems spend hundreds of millions on partnership-and-incentive programs that produce announcement-grade activity at multiples of that cost-per-outcome. This is the comparison that wins.

Who benefits

Everyone who touches a ticket.

Cardano

Sustained transaction volume + wallet growth from a real business

The kind of real-world adoption other L1s spend hundreds of millions trying to buy.

Fans

Verifiable tickets, fair resale, real ownership

No more fake QR codes. No more getting ripped off.

Artists

Automatic royalties on every resale

Enforced at the protocol level. Not a promise — a smart contract.

Organizers

Real-time attendance, transfer, and revenue data

See who showed up. See how tickets moved. Make better decisions.

Developers

Composable on-chain ticket data for new tools

Analytics, loyalty, marketplaces — built on transparent on-chain data.

This is the kind of real-world adoption other L1s spend hundreds of millions trying to buy. Cardano gets it for under $1.1M USD — and a defined revenue share is paid back to the Treasury until cost recovery — because the business already exists.

Meet the teams → Read the proposal