WORLD’S FIRST LIVE EVENTS SUBSCRIPTION MARKETPLACE IS BORN AS FESTIVALPASS ANNOUNCES GLOBAL LAUNCH IN AUSTIN, TEXAS

Live event fans can now discover and access free tickets for over 80,000 live events via their subscription

AUSTIN, TX, June 1, 2022 /PRNewswire/ — Austincompany based pass festival is proud to officially launch the first live event subscription marketplace providing access to tens of thousands of music, film, food and wine, arts, sports, lifestyle, technology and innovation experiences around the world for a monthly plan with no added ticket fees. The society was founded on the mission to inspire people to lead active and engaging lives through passionate member experiences. festivalPass members can enjoy over 80,000 live events from top festivals like Coachella and ACL Music Festival, for live shows with GRAMMY-winning artists like Doua Lipa, John MayerBillie Eillish and more with a unique credit system. Members can also use their credits to book rooms at over 600,000 hotels at discounted rates.

festivalPass embraces the evolution of entertainment in Internet 3. In addition to adopting various blockchain technologies to drive its business, the company shares the philosophical belief that community is at the heart of any business and must participate in its future. In addition to accepting cryptocurrency for subscriptions and ticket payments, festivalPass will launch the first-ever Lifetime Founder NFT for live events at June 2022 with unparalleled access and usefulness.

“When we founded festivalPass, we believed that live entertainment shouldn’t be transactional,” said FestivalPass Founder and CEO Ed Vincent. “We imagined a community in which members could interact and share around the entertainment passions they hold and where their participation is rewarded. As Web 3 has become more mainstream throughout 2021, it has become apparent that not only the technology of Web 3, but also the philosophy of Web 3, supports our mission and goals of bringing the participation and ownership in the world of live events.”

Members access, discover and attend live events in the friendliest, easiest and most affordable free ticketing experience. festivalPass gives members access to tickets for thousands of events and festivals with a unique credit system. Membership, initially targeting Millennials and Gen Z, includes credits to be used for any event on the platform. festivalPass members pay a subscription ranging from $19 at $99 a month and receive credits to access tens of thousands of events nationwide. Members have the ability to redeem credits for tickets across the United States and hotel rooms around the world.

Founded by CEO Ed Vincent, a proven entrepreneur for over 20 years and a product leader with multiple releases, the unique marketplace model has attracted high-profile investors and a growing team of executives committed to enabling fans to consume live events. Stephane de Bernede, a HomeAway – VRBO executive for over 10 years and a partner in a blockchain venture capital fund, recently joined festivalPass as Chief Commercial Officer. Notable investors and advisors include Brian Sharples, HomeAway co-founder, Shelly TaylorCEO of Alamo Drafthouse, Lisa Lichtformer CMO of Live Nation Concerts, Jason Dorseymillennial and gen z expert, Jacob TroubaNHL hockey player for the New York Rangers, and several other successful entrepreneurs and CEOs.

“What’s really exciting to me about festivalPass is that it offers access to so much more than just music and a subscription model that’s perfect for emerging consumers,” said Jason Dorseyglobal millennial and gen z expert“festivalPass is an innovative concept for audiences who love live events, including music, film, sports, theatre, food and wine and more.”

For more information on festivalPass, visit here.

SOURCE festival pass