In a significant move for the events industry, Satlantis has unveiled a Bitcoin-native platform designed for ticketing that incorporates Lightning wallets directly into user accounts and event setups. This innovative approach empowers event organizers to issue tickets and collect payments in Bitcoin without the need for conventional payment processors.
According to an announcement shared with Cointelegraph, Satlantis operates similarly to established platforms like Luma and Eventbrite. It offers features such as tiered ticket options, attendee management, and dedicated event pages. A unique aspect of Satlantis is its automatic generation of a distinct Bitcoin (BTC) wallet for each event, facilitating direct payments and withdrawals.
Additionally, Satlantis integrates with Stripe to support fiat transactions and has plans to incorporate stablecoin support in the future. This will provide event organizers with the flexibility to accept payments in Bitcoin, traditional currencies, or both through a single, streamlined dashboard.
Investors backing Satlantis include notable entities such as the Bitcoin Opportunity Fund and Timechain Capital, a venture capital firm focused on enhancing Bitcoin infrastructure projects.
One of the key advantages of Satlantis”s model is its potential to lower ticketing fees and broaden accessibility in areas where traditional payment systems are less effective. By leveraging the Lightning Network, the platform aims to facilitate low-cost, cross-border transactions. The Lightning Network functions as a layer-2 protocol built on Bitcoin, enabling quicker and more affordable transactions by processing payments off-chain.
Recent data from River”s marketing director Sam Wouters indicates that the Lightning Network achieved an impressive transaction volume of approximately $1.1 billion across 5.2 million transactions in November.
The integration of cryptocurrency into ticketing is not a new concept, with various sports teams and travel companies exploring digital asset payments for over a decade. For instance, the Sacramento Kings were pioneers in the NBA, being the first team to accept Bitcoin for tickets and merchandise back in 2014, followed by the Dallas Mavericks in 2019.
Beyond mere payment acceptance, blockchain technology is being utilized to rethink how live events are financed and settled. Projects like TIX, which operates an on-chain settlement network, aim to convert tickets into tokenized real-world assets, allowing for access to upfront capital and automated repayment processes.
Major sporting organizations like FIFA have also ventured into blockchain, experimenting with non-fungible tokens (NFTs) linked to their tournaments. Ahead of the 2026 World Cup, FIFA sold “right-to-buy” NFTs that grant holders a reserved opportunity to purchase match tickets at face value under specific conditions, with these tokens tradable on FIFA”s NFT marketplace.
