YC-backed CrowdVolt shakes up the secondary ticket market with its bid-ask model
CrowdVolt functions like StockX, with buyers bidding on tickets and sellers setting asking prices.
MAIN POINTS
- CrowdVolt's model is similar to StockX.
- Buyers submit bids on tickets.
- Sellers set asking prices.
TAKEAWAYS
- CrowdVolt enables a marketplace for ticket reselling.
- The platform uses a bid and ask system.
- It mirrors the mechanics of sneaker resell markets.