Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) announced it has accelerated the launch of its event ticketing software solutions from the fourth quarter to the third quarter of 2025, with blockchain-based ticketing scheduled for rollout in Q4.
The company said its new platform is designed to address risks of fraud, counterfeiting, and scalping associated with digital tickets through the use of blockchain, identity verification, and secure tokenization.
According to Mordor Intelligence, the global ticketing industry is projected to reach $85 billion in 2025 and grow to $103 billion by 2030.
Nextech3D.ai’s ticketing system introduces a transaction-based revenue model, charging $0.99 per ticket plus 3% of the ticket price. The company stated that this model links revenue growth to ticket volume and pricing, contrasting with flat-fee structures.
The ticketing platform is expected to apply across multiple sectors, including live concerts, sports, conferences, trade shows, festivals, museums, transportation, and virtual events.
"By accelerating our ticketing platform launch into Q3, we are creating a new revenue driver for Nextech3D.ai,” Nextech3D.ai CEO Evan Gappelberg said in a statement.
“For the first time, our earnings are directly tied to how many tickets are sold and at what price-creating significant upside potential as our customers' events grow.
Nextech3D.ai noted that its Map D platform currently supports more than 500 events annually, with approximately 25% involving ticket sales.
It added that over 125 existing clients may adopt the new system, creating an immediate revenue pipeline.
The company said blockchain-based tokenized ticketing will also enable participation in both primary and secondary ticket markets.
“With blockchain-enabled ticketing coming in Q4, we will also participate in secondary market transactions, aligning Nextech3D.ai with the evolving economics of the global ticketing industry," Gappelberg added.
“We believe these initiatives lay the foundation for 2026 to be a breakout year for profitability and cash flow."
In addition, Nextech3D.ai issued 1 million three-year stock options priced at $0.15 under its existing employee stock option plan.