FanDragon Technologies launches With USD 12m in funding

FanDragon Technologies has launched with USD 12 million in funding to spearhead the development of secure ticket delivery solutions for events and destinations by commercializing the Aventus digital assets-focused blockchain protocol, the company said.

Veteran technologist and entrepreneur Robert Weiss has been named the founding chief executive officer. Weiss has also joined the board of directors of FanDragon Technologies.

FanDragon Technologies has opened offices in Los Angeles, New York and London. Under Weiss´ leadership, FanDragon will create SaaS tools and mobile products to combat fraud and scalping across the full spectrum of ticketing markets — providing sports, music, theater, cinema, family entertainment, fandom events and theme park ticket sellers additional data, transparency and control over the process.

FanDragon Technologies brings control and transparency back to ticket rightsholders. Leveraging open blockchain technology, FanDragon Technology´s unique ticket mobile delivery system relieves the most frustrating and costly burdens faced by venues, promoters, musicians, sports teams, and most importantly — the fans. With offices in Los Angeles, New York and London, FanDragon Technologies is led by industry experts with decades of first-hand experience in global-scale ticketing. For more information, visit FanDragon.com.