Sam Altman's cryptocurrency turned identity verification startup Tools for Humanity is offering a new set of perks to people who scan their eyes at one of the company's orbs.
Because you can hand someone else proof of purchase. The only way to truly prevent scalping is by verifying the purchaser’s identity, to ensure they cannot transfer it to anyone else. At least not without selling it through the distributor’s own channels where they will then collect a fee for the privilege of providing the proprietary platform to facilitate such transactions.
How does this achieve anything that requiring proof of purchase doesn’t?
Because you can hand someone else proof of purchase. The only way to truly prevent scalping is by verifying the purchaser’s identity, to ensure they cannot transfer it to anyone else. At least not without selling it through the distributor’s own channels where they will then collect a fee for the privilege of providing the proprietary platform to facilitate such transactions.
I’ll take the scalping, thanks.
That’s just a failure of imagination. This problem was solved before the Information Age and Ticketmaster/LiveNation unsolved it.
It was never solved…