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Nextech3D.ai launches Ethereum-based ticketing platform - ICYMI
Proactiveinvestors NA· 2025-10-25 17:03
Core Viewpoint - Nextech3D.ai has accelerated the launch of its blockchain ticketing solution, which aligns with its broader event technology strategy and builds on its recent Eventdex acquisition and AI-powered event suite [1][3]. Group 1: Blockchain Ticketing Solution - The blockchain ticketing platform is Ethereum-based and designed to support global events, particularly those focused on blockchain, by providing borderless ticketing capabilities [1][2]. - The initiative is seen as a natural extension of the Eventdex acquisition and aims to enhance transparency, eliminate fraud, and create new revenue streams through ticket resale and royalties [3][4]. - The company anticipates significant demand for blockchain ticketing from various global events, including token, Bitcoin, and Ethereum events [2][7]. Group 2: Revenue Potential and Business Strategy - The blockchain ticketing solution is viewed not only as a technological advancement but also as a revenue accelerator, with projected revenue opportunities of $5 to $10 million by 2026 and beyond [6][4]. - The company is actively upselling its services across over 500 annual events, increasing average order value through AI matchmaking, ticketing, and other services [8]. - The integration of AI, 3D modeling, and blockchain is expected to drive growth, with new deals and contracts anticipated in the near future [9][10].
Nextech3D.ai expands global event technology with AI matchmaking and event assistant
Proactiveinvestors NA· 2025-10-15 12:39
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Nextech3D.ai CEO digs deeper into the company's Eventdex acquisition – ICYMI
Proactiveinvestors NA· 2025-10-04 17:01
Core Insights - Nextech3D.AI has strategically acquired Eventdex, significantly enhancing its event technology capabilities and providing an all-in-one solution for event organizers [1][12] - The acquisition is expected to increase the average order value per customer from $3,000 to $20,000, leading to a potential revenue increase of $10 million from upselling existing customers [2][5] - The deal accelerates the rollout of blockchain ticketing, with a launch anticipated in Q4 2025, tapping into the $85 billion global ticketing market [3][7] Financial Impact - The acquisition is fully funded in cash, avoiding shareholder dilution and expected to double the company's revenue [3][9] - The company anticipates becoming cash flow positive in 2026 and beyond, with significant growth potential from further M&A activities in the fragmented event tech space [3][9][10] Market Opportunities - Blockchain technology will provide a fraud-free, bot-resistant ticketing solution, allowing the company to capture significant market share in the ticketing industry [6][8] - The integration of various tools such as badging, floor plan mapping, and AI matchmaking positions the company as a leading provider in event technology [1][12]
Nextech3D.ai Signs Binding LOI to Acquire Eventdex in All-Cash Deal, Accelerating Its Growth As a One-Stop Event Tech Suite and the Launch of Its Blockchain Ticketing Solution
Accessnewswire· 2025-09-30 11:00
All-cash purchase price of approximately $700,000; Eventdex serves 60+ customers; generated ~$750K in 2024 revenue and ~$500K year-to-date 2025. Combination unifies Map D's floor mapping with Eventdex's registration and badge printing-and fast-tracks Nextech3D.ai's blockchain ticketing roadmap. ...
Nextech3D.ai adds insurance to event platform Map Dynamics - ICYMI
Proactiveinvestors NA· 2025-09-06 17:19
Core Insights - Nextech3D.AI is integrating exhibitor insurance into its Map Dynamics platform to streamline the insurance process for exhibitors [1][4][8] - The partnership with Vertical Insurer aims to provide a low-cost solution for exhibitors, costing approximately $50 to $100 [4][5] - The integration is expected to generate revenue for Nextech3D.AI through commissions for each insurance signup, with no direct costs to the company [6][7] Company Overview - Nextech3D.AI operates in the event technology sector, facilitating over 500 events annually with more than 10,000 exhibitors using its platform [5][7] - The company aims to address a longstanding issue in the event industry regarding the cumbersome insurance documentation process for exhibitors [3][8] Industry Context - The event industry faces inefficiencies in managing insurance documentation, with show organizers needing to track numerous forms from exhibitors [8] - The integration of insurance services into event platforms is seen as a necessary evolution to improve operational efficiency for both exhibitors and organizers [8]
24/7 Market News Reports TEN Holdings Beta Days Are Here
Globenewswire· 2025-09-02 12:24
Core Insights - TEN Holdings has launched an Early Adopter Program for its new SaaS platform, Ten Events Pro, aimed at transforming its operating model towards scalable, higher-margin, recurring revenue streams [2][4] - Ten Pro is designed for professional-grade virtual and hybrid event production, providing enterprise users with a flexible platform for various events, enhancing production capabilities and user experience [3][5] - The Early Adopter Program allows selected organizations to access Ten Pro before its public launch, enabling them to influence its development and gain a competitive edge [4][6] Company Overview - TEN Holdings, Inc. operates in event planning, production, and broadcasting services, delivering virtual, hybrid, and physical event experiences through its subsidiary, Ten Events [7] - The company utilizes proprietary technologies, including the Xyvid Pro platform, to facilitate high-impact content delivery and communications at scale [7]
Nextech3D.ai rolls out AI-powered event platform - ICYMI
Proactiveinvestors NA· 2025-07-26 14:46
Core Insights - Nextech3D.AI has launched a mobile version of its Map D platform, integrating AI capabilities into event technology [1][3] - The new app supports AI matchmaking, cryptocurrency payments, and will soon include attendee registration and QR scanning [1][4][6] Company Developments - The mobile app positions Map D as a leading AI event technology suite, marking a significant step in Nextech's strategy to become an AI-first company [3][5] - The platform has transitioned from a basic interactive map service to a comprehensive mobile solution, resulting in three new deals and increased interest from clients [5][6] Industry Context - The event industry is valued at approximately $50 billion, and the new app aims to capture a larger share of this market [6] - Currently, the platform serves a niche market with nonprofits but is expanding its reach with the new capabilities [7] Financial Performance - The Map D platform boasts over 90% gross profit margin, indicating a highly profitable business model [8] - The platform currently supports over 500 annual events, with more than 50,000 exhibitors and over 1 million attendees, with expectations for growth in 2025 and beyond due to AI upgrades [8]
Kaltura Sweeps Eventex 2025 with Five Golds, Redefining the Future of AI-Powered Events
Globenewswire· 2025-05-27 12:00
Core Insights - Kaltura has won five gold awards at the 2025 Eventex Awards, achieving recognition in every category it entered, highlighting its leadership in AI-driven digital events [1][2] - This marks the third consecutive year that Kaltura Events has received top honors, showcasing its continuous innovation in personalized and impactful digital engagement [2][5] Company Achievements - Kaltura Events is recognized for its all-in-one AI-powered platform that facilitates the creation, hosting, management, and promotion of webinars and virtual events [2][3] - The platform's real-time AI assistant and sentiment analysis features provide actionable insights to enhance attendee engagement [2][3] Key Innovations - The introduction of Kaltura Genie, an AI-powered agent, enhances event engagement by delivering hyper-personalized experiences and responding to attendee inquiries during hybrid events [3][4] - The AI-powered Content Lab identifies key moments from recorded events, generating highlight reels, chaptered summaries, and interactive video quizzes to maximize content ROI [4] Industry Context - The 15th edition of the Eventex Awards received a record 1239 entries from over 50 countries, indicating the growing creativity and innovation within the events industry [5][6] - Major brands such as Volvo, L'Oreal, and Netflix were among the winning entries, reflecting the competitive landscape of event technology [6]