TicketRail replaces 1990s ticketing infrastructure with a financial settlement protocol. One Key. $2 flat fee. Venues get paid in 48 hours.
Built on JanusProteus — the Universal Access Protocol. Deployed on Arbitrum Sepolia testnet.
The live events industry is dominated by a single monopoly that extracts 20–44% of ticket face value in opaque fees, holds venue revenue for 120–200 days while privately earning interest on the float, and loses 40% of purchase traffic to automated bots.
In March 2026, the DOJ settled its antitrust case against Live Nation for $280 million — roughly four days of their revenue. The consent decree bars retaliation against venues that adopt alternate providers.
The regulatory window is open. The market need is acute. The technology is mature.
You wouldn't throw away your keys. TicketRail replaces the disposable barcode with a persistent, identity-bound access credential — the Key.
You receive one Key. It works across all events. Each event adds a credential to your Key. When you scan at the gate, the credential transitions to SOUVENIR — a permanent record of where you've been, and a trigger for your attendance reward.
One Key. Every show. For life.
One Key per fan per event. No screenshots, no forwarding. Bots don't get in — the system authenticates humans, not transactions.
Email or social login. A secure wallet is created in the background (ERC-4337 via Privy). No seed phrases. No crypto knowledge. No gas fees (Biconomy sponsors all transactions).
Your Key lives in the wallet you already use. Scannable with any existing venue hardware. No app download. No new devices at the gate.
Irreversible · Atomic · On-chain
Email or social login. Embedded ERC-4337 wallet created automatically via Privy. Blockchain is infrastructure, not user experience.
Find an event. Pay face value + $2 flat fee. Real Stripe payments. No hidden charges, no percentage markup.
An identity-bound ERC-721 credential is created on Arbitrum and delivered to the fan's Apple or Google Wallet. Scannable with any existing venue hardware.
75% of face value hits the venue's bank account within 48 hours via Stripe Connect. No more waiting 120–200 days.
The remaining capital enters an ERC-4626 vault. Vault deposits are tracked on-chain today. Live yield via Ondo USDY (tokenized T-bills) is Phase 1.
QR code. Sub-2-second verification. KEY → REDEEMED — irreversible, atomic, on-chain. The Hinge Protocol fires. The fan's attendance reward is credited. Show up, get rewarded.
Remaining principal + accrued yield settle in one action. 60% venue · 30% fan (attendance reward) · 10% protocol. The access event and the financial event are the same action.
TicketRail is the first application built on JanusProteus — a financial settlement protocol for the access economy. The protocol provides the financial rails. The application provides the experience.
The Key follows the credit card model as a legal and financial architecture. A credit card is issued once, used across all merchants, and earns rewards classified as non-taxable purchase rebates. The Key works the same way. The attendance reward is structured identically to credit card cashback under established IRS precedent (Anikeev v. Commissioner, 2021).
Legacy platforms hold venue revenue for months and privately earn interest on the float. The pre-event holding period is real and unavoidable. TicketRail inverts who benefits — yield distributes to all stakeholders at the gate, not to the platform in the dark.
TicketRail is a real, functioning application — not a Figma mockup. Full fan flow and full venue flow work end-to-end with real Stripe payments on Arbitrum Sepolia testnet.
Nothing in the JanusProteus Universal Access Protocol is specific to live events. The Key is a persistent access credential. The KEY → REDEEMED state machine is a universal settlement trigger. The credit card model — rewards triggered by verified access events — transfers horizontally across any industry where a user's presence can be tracked and incentivized.
Visa didn't run the stores. They built the settlement layer connecting them. JanusProteus is that layer for the access economy.
Scan triggers access reward after 20 visits
Badge tap fires settlement + loyalty credit
Credential gates sessions + network access
NFC handshake settles fare + accrues benefits
Live events are the proving ground. Every other door is next.