Tickify
Blockchain-based ticketing platform eliminating scalping and fraud for live events.
Website: https://tickify.io/
Cover Block
PUBLIC
| Field | Value |
|---|---|
| Name | Tickify |
| Tagline | Blockchain-based ticketing platform eliminating scalping and fraud for live events |
| Headquarters | Dhaka, Bangladesh |
| Founded | 2025 |
| Stage | Pre-Seed |
| Business Model | Marketplace |
| Industry | Media / Entertainment |
| Technology | Blockchain / Web3 |
| Geography | Global / Remote-First |
| Growth Profile | Venture Scale |
| Funding Label | Pre-Seed (BDT 1 million equity-free grant from iDEA) [LinkedIn, 2025] |
Links
PUBLIC
- Website: https://tickify.io/
- Secondary site (Bangladesh): https://tickify.live/about/
- LinkedIn (primary app entity): https://www.linkedin.com/company/tickifyapp
- LinkedIn (Bangladesh entity): https://bd.linkedin.com/company/tickifylive
- Google Play: https://play.google.com/store/apps/details?id=io.tickify.app.user.prod
- Apple App Store: https://apps.apple.com/au/app/tickify-launch/id6502717141
- Founder LinkedIn (Iftikhar Ifty): https://www.linkedin.com/in/iftikharifty/
Executive Summary
PUBLIC
Tickify is a 2025-vintage, blockchain-based event ticketing platform that places primary issuance, resale, and transfer of tickets onto a programmable rail, with the stated goal of curbing scalping and counterfeit inventory in live events [Ticketingstack]. The company launched its first event in March 2025 and has reported expansion through partnerships across its first three months of operation [Music Festivals Australia, 2025]. Founder Iftikhar Ifty has publicly tied the company's earliest institutional support to Bangladesh's iDEA program, which awarded Tickify a BDT 1 million equity-free grant at the National Youth Summit 2025 [LinkedIn, 2025]. The product is live on both Google Play and the Apple App Store under the "Tickify Launch" brand, with consumer and organizer-side features described in the listings [Google Play] [Apple App Store]. The business model is a two-sided marketplace: organizers issue secure digital tickets, and end users buy, resell, or transfer them through the mobile app [LinkedIn]. Investors evaluating Tickify will want to watch three things over the next 12 to 18 months: whether the company consolidates its currently fragmented regional presence (entities and pages surface in Bangladesh, Australia, and Belgium) into a single operating footprint, whether organizer adoption translates into repeatable GMV, and whether blockchain-native features (royalties on resale, on-chain provenance) prove to be adoption drivers rather than friction.
Data Accuracy: YELLOW -- Confirmed by LinkedIn and Music Festivals Australia, with corroborating product listings on Google Play and the App Store; revenue and round size remain undisclosed.
Taxonomy Snapshot
| Axis | Value |
|---|---|
| Stage | Pre-Seed |
| Business Model | Marketplace (two-sided: organizers and attendees) |
| Industry / Vertical | Media / Entertainment, Live Events |
| Technology Type | Blockchain / Web3 |
| Geography | Global / Remote-First (operating signals in Bangladesh and Australia) |
| Growth Profile | Venture Scale |
| Funding | Pre-Seed: BDT 1 million equity-free grant via iDEA [LinkedIn, 2025] |
Company Overview
PUBLIC
Tickify is a young company. Public materials place its first live event in March 2025, and a retrospective post from a partner publication describes the company as having "wrapped up its first three months since launching their first event in March 2025 with strong momentum and positive early results" [Music Festivals Australia, 2025]. The company's stated mission, paraphrased from its public-facing channels, is to bring "trust, transparency, and fairness back to live events" through blockchain-anchored ticketing [Ticketingstack].
The founder of record on public profiles is Iftikhar Ifty, who has publicly credited Bangladesh's iDEA (Innovation Design and Entrepreneurship Academy) program for the company's first institutional backing. According to Ifty's own LinkedIn account, Tickify secured a BDT 1 million equity-free grant after winning a competition at the National Youth Summit 2025 [LinkedIn, 2025]. iDEA is a government-affiliated startup support vehicle in Bangladesh, which positions Tickify's earliest capital as non-dilutive grant funding rather than a priced equity round.
One notable feature of Tickify's footprint is geographic fragmentation. There are at least three distinct LinkedIn pages associated with the Tickify name: an Australian-oriented page tied to the mobile app brand [LinkedIn], a Bangladesh page positioned around domestic event ticketing [LinkedIn], and a Belgian entity at tickify.be that markets low-cost online ticketing in Dutch [LinkedIn]. ZoomInfo lists a Tickify entry in Flanders, Belgium [ZoomInfo]. Whether these are coordinated regional arms of one company or unrelated entities sharing the name is not fully clarified in public sources, and investors should treat the operating perimeter as a question to confirm directly with the founder.
Data Accuracy: YELLOW -- Founding milestone and grant confirmed by founder LinkedIn and Music Festivals Australia; corporate structure across regions remains unresolved in public sources.
Product and Technology
MIXED
The core product is a consumer mobile application, currently shipped under the name "Tickify Launch" on both major app stores [Apple App Store] [Google Play]. The Google Play description characterizes the app as "the revolutionary ticketing platform built on blockchain technology to eliminate scalping and fraud, while rewarding users for their engagement and attendance" [Google Play] [PUBLIC]. The LinkedIn company page describes the app as enabling "the smooth purchase, resale, and transfer of event tickets" on blockchain rails [LinkedIn] [PUBLIC]. Together, the public claims point to a vertically integrated marketplace covering primary sale, secondary resale, and peer-to-peer transfer in a single consumer surface.
On the supply side, the App Store listing describes organizer-facing tools for creating, managing, and distributing secure digital tickets [Apple App Store] [PUBLIC]. This implies a self-serve organizer console (web or in-app) sitting alongside the consumer mobile app, though the public listings do not detail the organizer onboarding flow, payout rails, or fee structure. A loyalty or engagement layer is referenced in the Google Play copy ("rewarding users for their engagement and attendance"), but no token, points mechanic, or reward schedule is specified publicly [Google Play] [PUBLIC].
The specific blockchain or chain selection used by Tickify is not disclosed in any captured public source, and no GitHub organization or smart-contract address has surfaced in research. The company's technical stack (chain, wallet abstraction approach, custody model, KYC layer) should be considered undisclosed at this stage. Comparable NFT-ticketing entrants in the category typically run on EVM-compatible L2s or app-specific chains, but applying that pattern to Tickify would be inference rather than fact and is flagged as such [PRIVATE, inferred].
Data Accuracy: ORANGE -- Product surface area confirmed by two app store listings and the company LinkedIn; underlying chain and contract architecture not publicly disclosed.
Market Research and Opportunity
PUBLIC
Blockchain-based ticketing sits at the intersection of a mature multi-billion-dollar live events market and a much smaller, faster-growing Web3 infrastructure layer that is still in the early-adopter phase. The thesis underpinning the category is that programmable tickets allow issuers to enforce price ceilings on resale, capture royalties on secondary trades, and verify provenance, addressing two persistent pain points (scalping and counterfeit inventory) that legacy ticketing has not solved.
Third-party category research supports the demand-side narrative. InsightAce Analytic's report on NFT-based ticketing identifies the segment as a high-growth subset of both the wider event-ticketing market and the broader NFT utility category, citing artist royalty enforcement, fraud reduction, and fan loyalty programs as primary demand drivers [InsightAce Analytic]. Independent commentary from industry publications echoes the framing: Making A Scene's coverage of "decentralized touring" argues that blockchain ticketing's value proposition is strongest for touring artists who want to suppress scalping while building direct fan relationships [Making A Scene]. Service providers building in the category, such as Blockchain App Factory, market NFT ticketing marketplaces specifically as a counter to bot-driven secondary markets [Blockchain App Factory].
| Sizing / Trend Claim | Source |
|---|---|
| NFT-in-ticketing identified as a high-growth subsegment of event ticketing, driven by royalty enforcement, fraud reduction, and loyalty | [InsightAce Analytic] |
| Decentralized ticketing positioned as a structural answer to scalper economics for touring artists | [Making A Scene] |
| Active vendor ecosystem building NFT ticketing marketplaces for organizers | [Blockchain App Factory] |
Analyst takeaway: the third-party evidence supports the existence of a real demand thesis (artists and organizers want to control resale economics), but none of the captured reports provides a hard TAM figure that can be cited at investment-grade precision. Tickify's addressable market is best framed qualitatively at this stage: a large legacy ticketing market with structural complaints about scalping and fraud, and an emerging NFT-utility wedge that is still pre-mass-adoption.
Macro and regulatory forces cut both ways. On the tailwind side, several jurisdictions (notably the United States, the United Kingdom, and parts of the EU) have actively legislated against bot-driven scalping, which improves the policy backdrop for any entrant offering structurally bot-resistant issuance. On the headwind side, consumer wallet friction, crypto-skeptical regulatory posture in some markets, and the operational reality that most casual concertgoers do not want to think about "blockchain" remain significant adoption barriers. Tickify's product framing (a mobile app that abstracts the chain layer) is a reasonable response to that friction, but the abstraction has to actually work for non-crypto-native users.
Data Accuracy: YELLOW -- Category demand drivers corroborated across InsightAce Analytic, Making A Scene, and Blockchain App Factory; no investment-grade TAM number captured.
Competitive Landscape
MIXED
Tickify enters a category where several blockchain-native ticketing companies have been operating for multiple years, alongside dominant Web2 incumbents (Ticketmaster, Eventbrite, See Tickets) that own the bulk of organizer relationships and consumer mindshare.
| Company | Positioning | Stage / Funding | Notable Differentiator | Source |
|---|---|---|---|---|
| Tickify | Mobile-first blockchain ticketing for primary sale, resale, and transfer | Pre-Seed; BDT 1M iDEA grant [LinkedIn, 2025] | Consumer app live on iOS and Android with organizer tools | [Google Play] [Apple App Store] |
| GUTS Tickets | Dynamic NFT tickets with capped resale, Netherlands-based | Operating since 2016; venture-backed | Long operating history with European venues and festivals | [Ticketingstack] |
| YellowHeart | NFT ticketing and music drops, US-based | Venture-backed; multiple disclosed rounds | Artist-direct issuance model and fan-token integrations | [CBInsights] |
| SeatlabNFT | NFT ticketing on NEAR Protocol, UK-based | Early-stage; token-funded | Built on NEAR with explicit royalty mechanics for organizers | [Ticketingstack] |
At the category level, the competitive map has three layers. The first layer is the Web2 incumbent layer (Ticketmaster, Eventbrite, AXS), which controls the vast majority of organizer contracts and consumer transactions globally. The second layer is the established blockchain-ticketing challenger group (GUTS Tickets, YellowHeart, SeatlabNFT, plus several others), which has been building organizer relationships and chain infrastructure for several years and has, in some cases, raised institutional capital. The third layer is the emerging-market entrant group, where Tickify currently sits: companies attempting to build the organizer base in geographies (Bangladesh, parts of Southeast Asia, Australia) where the Web2 incumbents are less entrenched and where a mobile-first, lower-fee challenger has a wedge.
Where Tickify's edge is potentially defensible today: geographic focus. The Bangladesh market in particular is not deeply contested by global blockchain-ticketing competitors, and a local team with a working product, government grant validation, and on-the-ground organizer relationships can plausibly establish category leadership in a single country before any global competitor pays attention. The grant from iDEA also signals local institutional support that international entrants would struggle to replicate. The edge is perishable, however: none of the moat is technological. GUTS, YellowHeart, and SeatlabNFT have multi-year head starts on smart-contract architecture, organizer integrations, and brand recognition in Western markets.
Where Tickify is most exposed: the channels and capital base of incumbents. Ticketmaster's exclusive venue contracts in major Western markets are effectively unwinnable for a pre-seed entrant, and YellowHeart's existing artist relationships in the US music industry are a moat Tickify cannot match in the near term. The fragmented regional presence across Bangladesh, Australia, and Belgium also raises a brand-clarity question that a single, well-capitalized competitor could exploit.
The most plausible 18-month scenario: Tickify wins if it consolidates around a single beachhead geography (most likely Bangladesh, given the founder, grant, and operating signals) and proves repeatable organizer GMV in that market before attempting global expansion. Tickify loses ground if the regional fragmentation persists and capital does not arrive to fund organizer acquisition in any single market at scale, allowing one of the established blockchain-native competitors or a well-funded local Web2 ticketing player to lock up the same organizer base.
Data Accuracy: YELLOW -- Competitor identities confirmed via Ticketingstack and CBInsights; specific funding totals for competitors not independently verified in captured sources.
Opportunity
PUBLIC
If Tickify executes, the prize is becoming the default ticketing rail for live events in one or more emerging markets where Web2 incumbents have weak coverage, then exporting that playbook category by category.
The headline opportunity. The single largest outcome Tickify could plausibly become is the category-defining ticketing platform for live events in South Asia, with Bangladesh as the proving ground and adjacent markets (parts of Southeast Asia, the Gulf, East Africa) as the expansion surface. The cited evidence makes this reachable rather than aspirational for three reasons. First, the structural pain points (scalping, counterfeit, opaque resale) that blockchain ticketing claims to solve are well documented as category-level demand drivers [InsightAce Analytic] [Making A Scene]. Second, Tickify already has a live consumer app on both iOS and Android, an active organizer pipeline evidenced by partner coverage of its first three months of events [Music Festivals Australia, 2025], and government-program validation [LinkedIn, 2025]. Third, the global blockchain-ticketing competitor set is concentrated in Europe and North America, leaving the South Asian organizer base structurally under-served.
Growth scenarios.
| Scenario | What happens | Catalyst | Why it's plausible |
|---|---|---|---|
| Bangladesh beachhead | Tickify becomes the default ticketing platform for mid-size concerts and festivals in Bangladesh, then expands regionally | Repeatable organizer wins after the March 2025 launch event, plus iDEA-program halo | Live product, local founder, grant validation, and limited blockchain-native competition in market [LinkedIn, 2025] [Music Festivals Australia, 2025] |
| Cross-border festival rail | Tickify becomes the preferred ticketing partner for touring acts and festival operators across emerging markets where Western incumbents are weak | A flagship festival or touring artist signs Tickify as primary issuer | Partner publications already frame the company around festivals and consumer protection [Music Festivals Australia, 2025] |
| Loyalty-and-resale layer | The on-chain reward and royalty mechanic becomes the differentiator that organizers actually buy for, beyond fraud reduction | Organizer-facing case study showing measurable resale royalty capture | Public product copy already references rewards for engagement and attendance [Google Play]; category research identifies royalty enforcement as a primary demand driver [InsightAce Analytic] |
What compounding looks like. The flywheel in marketplace ticketing is well understood: each organizer that issues on Tickify brings their attendee base into the app, which raises the installed user count, which makes the next organizer's onboarding easier because attendees already have the wallet provisioned. Layered on top, the on-chain royalty mechanic creates a recurring revenue stream from secondary trades that legacy ticketing platforms either cannot capture or capture only by running their own resale marketplace. If Tickify's reward mechanic drives even modest repeat-attendance lift, the per-user economics improve on every subsequent event. None of these dynamics are confirmed in public metrics yet; the evidence at this stage is that the product surface needed to enable the flywheel exists [Google Play] [Apple App Store].
The size of the win. A useful comparable is the public-market valuation history of Web2 ticketing primitives (Eventbrite traded as a public company with market capitalization in the multi-billion-dollar range during peak periods; Ticketmaster's parent Live Nation is valued in the tens of billions). Even capturing a small single-digit-percentage share of regional ticketing GMV in South and Southeast Asia would translate into a venture-scale outcome at typical marketplace multiples (scenario, not a forecast). The InsightAce Analytic coverage of NFT ticketing suggests the on-chain subsegment is growing faster than the underlying market [InsightAce Analytic], which means a credible pure-play in the segment could attract premium multiples relative to legacy ticketing comparables (scenario, not a forecast). The case for Tickify, in plain language, is that the prize is large enough to justify pre-seed risk if the team can prove durable organizer adoption in a single beachhead market before global competitors pay attention.
Data Accuracy: YELLOW -- Opportunity framing built on confirmed product, grant, and partner evidence; comparables and scenario sizings explicitly labelled as scenarios, not forecasts.
Sources
PUBLIC
[Music Festivals Australia, 2025] Three Months of Tickify | https://musicfestivalsaustralia.com/news/Three%20Months%20of%20Tickify
[Ticketingstack] Tickify ecosystem profile | https://ticketingstack.io/ecosystem/systems/tickify/
[Tickify] Tickify - Secure Reliable Ticketing | https://tickify.io/
[Tickify] About - Tickify Tickets Made Easy | https://tickify.live/about/
[LinkedIn] Tickify (app entity) company page | https://www.linkedin.com/company/tickifyapp
[LinkedIn] Tickify (Bangladesh) company page | https://bd.linkedin.com/company/tickifylive
[LinkedIn] Tickify (Belgium) company page | https://be.linkedin.com/company/tickify
[LinkedIn, 2025] Iftikhar Ifty profile, iDEA grant disclosure | https://www.linkedin.com/in/iftikharifty/
[Google Play] Tickify - Apps on Google Play | https://play.google.com/store/apps/details?id=io.tickify.app.user.prod
[Apple App Store] Tickify Launch on the App Store | https://apps.apple.com/au/app/tickify-launch/id6502717141
[ZoomInfo] Tickify company overview | https://www.zoominfo.com/c/tickify/535321532
[ATCC] ATCC Business Directory - Tickify | https://atcc.org.au/business-directory/?business=Tickify&id=85
[CBInsights] YellowHeart company profile | https://www.cbinsights.com/company/yellowheart
[Making A Scene] Decentralized Touring: How Blockchain Ticketing Stops Scalpers and Builds Fan Loyalty | https://www.makingascene.org/decentralized-touring-how-blockchain-ticketing-stops-scalpers-and-builds-fan-loyalty/
[Blockchain App Factory] NFT Ticketing Marketplace overview | https://www.blockchainappfactory.com/nft-ticketing-marketplace
[InsightAce Analytic] NFT in the Ticketing Market - Trends and Future Growth Analysis | https://www.insightaceanalytic.com/report/nft-in-the-ticketing-market/2218
Articles about Tickify
- Tickify Wants Every Concert Wristband to Live on a Blockchain — The Dhaka-founded ticketing app pitches scalper-proof resale and on-chain attendance rewards, starting with Australian festivals.