noneOfficial page read at listing: nothing announced.
cancelled“The Spring Gala has been cancelled due to storm damage to the hall.”
2 / 2Every buyer paid back from escrow. The organizer was never paid.
Buy a ticket and the money waits in escrow until the event is over. If the venue, league or airline posts a cancellation or postponement on its official page, GenLayer validators read it, quote it, and every buyer can be refunded. No claim form, no waiting on the organizer.
noneOfficial page read at listing: nothing announced.
cancelled“The Spring Gala has been cancelled due to storm damage to the hall.”
2 / 2Every buyer paid back from escrow. The organizer was never paid.
How it works
The organizer names the event, its start, the ticket price and the official page where a cancellation would be posted. Validators read the page right away: it must announce nothing yet.
Buyers pay the price into the contract. Nothing goes to the organizer before the event is over.
Anyone can ask validators to read the page again. They agree on none, cancelled or postponed, and on a sentence quoted from the page that each of them finds in their own copy.
Called off: anyone sends each buyer's refund. Went ahead: after the hold, one last reading, then the organizer is paid.
Built for both sides
Events
Reading the contract…
FAQ
GenLayer validators. Each one fetches the official page itself and answers one question: does it say this event is cancelled, postponed, or neither? A result counts only when they agree, and a cancellation or postponement also needs a sentence from the page that every validator finds.
The reading reverts and nothing changes; try again later. A page that is down is never taken as “nothing announced”. If the page is gone for good, nobody can release the money to the organizer, and buyers can take it back 30 days after the hold.
The price of every seat not refunded, after the hold you chose (1 to 720 hours after the start), once validators read the page one last time and it still announces nothing.
No. Only a page that says this event is cancelled, called off, postponed or moved. Validators are told to answer “none” for anything less, and the quote must be on the page.
Anyone: each ticket's refund goes to the address that bought it, whoever presses the button.
Escrow the money, name the official page, and let consensus watch it.