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K-pop stars use NFT, fan reward systems to fight ticket scalping

With ticket scalping plaguing the local music scene, South Korean singers are adopting various methods to prevent fans from having to pay extortionate sums for concert tickets Singer Jang Beom-jun recently announced that the ticket sales for his concert next month will be using the blockchain system, with the tickets being sold as non-fungible tokens that cannot be sold to anyone but the initial buyer. Jang had sold . ....

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Man jailed in K-pop concert ticket scam

A 30-year-old South Korean man who pretended to sell tickets for K-pop concerts and swindled 595 million won ($450,000) from his victims has been sentenced to six years in prison, a court said Tuesday. The Seoul Central District Court found the defendant, surnamed Kim, guilty on multiple counts of fraud. An investigation found that Kim had pretended to sell tickets for concerts of popular artists here including IU, B. ....

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In S Korea, scalping goes beyond concert tickets

World News - SEOUL – South Korea is being plagued by illegal ticket sales ranging from music and other forms of performing arts to reservations for hotels, restaurants and popular services all throughout the country. An online post on Joonggonara, a website for secondhand sales,. Read more at www.tnp.sg ....

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In South Korea, ticket scalping expands beyond music to almost anything that can be bought

Even 12.9 per cent of 60-somethings had bought such illegal tickets. Read more at straitstimes.com. ....

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Ticket scalping trend widens | Borneo Bulletin Online

SEOUL (ANN/THE KOREA HERALD) – Illegal ticket sales are rampant in South Korea, spanning music, performing arts, and even reservations for hotels, restaurants, and popular services nationwide. On Joonggonara, a second-hand sales website, a post advertised a meal reservation for two at a high-end sushi restaurant in Gangnam’s Cheongdam-dong for KRW540,000 (USD410) KRW100,000 above […] ....

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