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"Jay Chou Xiong NFT" rumored to be able to buy concert tickets! PhantaBearbig pump 120% but caused disappointment and anger among the crowd.
Superstar Jay Chou returned to Taiwan to hold a concert after 7 years. Many Jay Chou fans were either happy or disappointed due to the ticket rush. However, holders of the Non-fungible Token PhantaBear were not only disappointed but also angry because the promised 'Jay Chou concert' tickets were not fulfilled. But is this really the case? (Background: Jay Chou's scalped tickets skyrocketed to over 130,000 yuan! Is blockchain gas war fairer than centralized ticket purchases? Soul-binding to prevent resale. Additional information: Jay Chou's 'Fantasy Music Metaverse' airdropped over 1 million Non-fungible Tokens, which can be used to win concert tickets, signed photos, and limited edition vinyl records.) Jay Chou, the king of pop, will hold a concert in Taipei Arena for four consecutive days starting from December 5th. 150,000 tickets were sold out instantly when they were released. According to statistics, over 890,000 people flooded into the ticketing system at that time, but only a few lucky ones managed to get tickets. After the tickets were sold out, many tickets were scalped on major trading platforms at sky-high prices, making it nearly impossible for regular fans to buy tickets at the original price. However, it seems that there is another way to obtain tickets besides purchasing them. According to rumors in the community, buying the Non-fungible Token 'PhantaBear' created by Jay Chou's friend Liu Genghong also gives a chance to win concert tickets. But is this really true? PhantaBear holder: What about the promised tickets? In 2022, when Non-fungible Tokens were still booming, the PhantaBear community was as active as other blue-chip Non-fungible Token communities. The community administrators would occasionally hold lucky draws for Non-fungible Token holders, with prizes including 'Jay Chou Carnival Concert tickets.' Many investors bought PhantaBear to become holders because they were attracted by Jay Chou's concert tickets. However, after the Non-fungible Token craze subsided, the PhantaBear community collapsed overnight, and all the previously boasted visions and benefits disappeared, leaving only a few holders waiting for a miracle in the community. Recently, Jay Chou announced that he will perform for four days at Taipei Arena, and holders have been asking in the community, 'Where are the concert tickets?' 'Will there be concert tickets this time?' 'Do the concert tickets on the leaderboard count?' Some holders have realized that the official account won't respond here and suggested everyone to voice their grievances on other community platforms: 'It's faster to leave a message on their community platform. They won't see or respond to us here. Making some noise might have a better chance.' However, the official account has never responded until the ticket sales ended. However, according to an investigation by BlockTempo, PhantaBear's roadmap clearly states that Non-fungible Token holders can get virtual concert passes, but there is no guarantee of physical concert tickets. Furthermore, Jay Chou's music label, JVR Music, also issued a statement in 2022, stating that the Non-fungible Token was not launched by Jay Chou himself, and he cannot endorse it. Prior to the concert ticket sales, the price of PhantaBear surprisingly skyrocketed from 0.04 ETH to 0.088 ETH, a 120% increase. The author speculates that some investors were betting that the PhantaBear official account would release concert ticket benefits for holders. However, after the ticket sales ended, the price of PhantaBear dropped back to 0.05 ETH, and the most recent purchase record was made 1 day ago. PhantaBear transaction information, Source: Opensea Related reports: What Non-fungible Tokens are still alive in Taiwan? Investigation into the current status of 6 projects. Most others are updating slowly or the teams have left. Fear, uncertainty, and doubt: Why is the 'Consensus price' of Non-fungible Tokens empty talk? Jay Chou accuses Chinese metaverse company of 'infringing his image rights,' suspected involvement with the album 'Greatest Works.' This article, 'Jay Chou's Non-fungible Token Teddy Bear rumored to be able to buy concert tickets! PhantaBear's big pump of 120% disappoints the angry crowd,' was first published on BlockTempo, the most influential blockchain news media in BlockTempo.