DigiArmRest
Your Fractional Stake in Live Entertainment
Welcome to DigiArmRest, an innovative component of the DigiSeat project that offers you a unique, affordable entry into the live entertainment world. The DigiArmRest allows you to own a 0.05% fractional ownership of a full DigiSeat Pro in our multi-event, 2500-seat venues, which will host a range of exciting events, including matches from teams of the American Basketball Association (ABA).
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Understanding DigiArmRest
DigiArmRest is designed to provide access to the benefits of event participation to a wider audience. By owning a DigiArmRest, you gain a fractional stake in the earnings from ticket sales each time your armrest slot is used. This provides a source of passive income, making it a unique investment opportunity.
Example of Earnings with DigiArmRest
Suppose you own a DigiArmRest that costs $99, representing a 0.05% stake in a DigiSeat Pro. If a ticket for an event at the venue is priced at $100, you would earn $0.05 (0.05% of $100) every time your armrest slot is used. If your DigiArmRest slot is utilized for 50 events within a year, your passive income for that year would be $2.50.
Secured Ownership with Blockchain
DigiArmRest employs blockchain technology to ensure a secure and transparent process of seat ownership. This technology provides a tamper-proof record of your ownership, and it facilitates easy transfer, trade, or sale of your DigiArmRest.
Benefiting from DigiArmRest
Once thirty DigiArmRest are sold, it equals one full DigiSeat Pro, and one seat is removed from the 2500-seat inventory. This way, the value of your DigiArmRest is continually supported.
Moreover, if only a certain number of tickets are sold and your DigiArmRest slot doesn't get utilized, it moves up the sequence for the next paid event. This way, your slot is guaranteed to benefit evenly over time.