- Cuts out middleman fees
- Anti-Fraud system
- Controls ticket resale prices
- New product adoption Barrier
- No app
Overview
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Founded:2021
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Founder:Ivo Garofalo
CENTAURIFY
Centaurify is a startup founded in the year 2021, specializing in the integration of blockchain technology, particularly through Non-Fungible Tokens (NFTs), to provide distinct services in the music and event ticketing industry. The platform aims to empower musicians by creating a music streaming platform and a ticket booking system. Here’s a breakdown of Centaurify and its operations based on different aspects:
- Founding and Nature:
- Centaurify was established in 2021 and operates as a private entity. It’s categorized as an early-stage VC (Venture Capital) backed company, indicating its status as a startup1.
- Core Operations:
- Centaurify is primarily a music streaming platform that leverages blockchain technology and NFTs to provide unique solutions. One of its specializations is in NFT ticketing, which aims to revolutionize the ticket market by tokenizing tickets using NFT and smart contract technology, thus addressing issues like scalping and fraud commonly associated with traditional ticketing systems23.
- Leadership:
- The startup is co-founded by David Rootwelt-Norberg, who transitioned from an 18-year career in the fashion industry to launch Centaurify. Alongside him, Norwegian music producer Martin Bjercke (a.k.a CLMD) is also identified as a founder. Their collective vision is geared towards creating a revolutionary ecosystem within the music and NFT space, which not only benefits artists but also enhances the overall fan experience45.
- Location:
- Centaurify is based in Tallinn, Estonia, showcasing a European origin and operation base, which is a growing hub for digital and blockchain-based innovations2.
- Partnerships and Market Position:
- Centaurify has also been making strides in forming partnerships and rebranding to better position itself in the music and NFT space. It has been involved in notable partnerships and projects that aim to bolster its market position and offer unique digital collectibles and NFT ticketing solutions in collaboration with other stakeholders in the music industry5.
Centaurify’s venture into the merging worlds of blockchain, music, and event ticketing signifies a progressive step towards integrating modern technology to solve traditional industry challenges, while also creating new opportunities for artists, event organizers, and fans alike.