
kyd.
711 posts

kyd.
@KYDLabs
The operating system built for live events' best operators. Powered by @tixprotocol.





You can now receive updates on the Live Nation trial directly on Telegram

The best asset class of the financial crisis? Not gold. Not treasuries. Parking meters. In 2008, weeks after Lehman collapsed, Morgan Stanley backed by Allianz and the Abu Dhabi sovereign wealth fund paid cash-strapped Chicago $1,15B for 75 years of parking meter revenue. Sounds expensive? The meters have since generated nearly $2B. With 60 years still left on the deal. While crypto is debating tokenized t-bills, stocks or recently private credit funds, TradFi has been structuring exotic RWAs for decades. Anything with an attractive cash flow is already someone's yield product. The real opportunity isn't just tokenizing existing financial products. It's structuring new ones around real-world demand. We've barely scratched the surface.

"Robbing them blind, baby. That's how we do it!" Ever wanted to feel like a Live Nation ticketing director? Introducing Fee Stacker. Stack fees on a $45 ticket ➤ Facility Fee ($5-15) ➤ Order Processing Fee ($5-10) ➤ Digital Delivery ($3) ➤ Bathroom Access Fee (???) ➤ ... See how far you can gouge before fans revolt. (All quotes are real)

"Robbing them blind, baby. That's how we do it!" Ever wanted to feel like a Live Nation ticketing director? Introducing Fee Stacker. Stack fees on a $45 ticket ➤ Facility Fee ($5-15) ➤ Order Processing Fee ($5-10) ➤ Digital Delivery ($3) ➤ Bathroom Access Fee (???) ➤ ... See how far you can gouge before fans revolt. (All quotes are real)

In another exchange, he bragged about charging “$50 to park in the grass” and “$60 for closer grass.” Link: bloomberg.com/news/articles/….


Internal messages from Live Nation reveal two execs talking about "robbing [fans] blind." “These people are so stupid. I almost feel bad taking advantage of them," one says. That man is now the head of ticketing for the unit responsible for Live Nation's 150 amphitheaters.

Ticketing employees at Live Nation joked about trying to “gouge” people for parking and V.I.P. upgrades at concerts, calling fans “so stupid” for paying the inflated charges, according to internal messages released late Wednesday. nytimes.com/2026/03/12/art…

Live Nation employees reportedly bragged about “gouging” fans with fees and parking costs, new court documents reveal: • “I have VIP parking up to $250 lol” • “I almost feel bad taking advantage of them” • “robbing them, blind, baby, that’s how we do” • “I gouge them on ancil prices to make up for it”




Internal messages from Live Nation reveal two execs talking about "robbing [fans] blind." “These people are so stupid. I almost feel bad taking advantage of them," one says. That man is now the head of ticketing for the unit responsible for Live Nation's 150 amphitheaters.


Internal messages from Live Nation reveal two execs talking about "robbing [fans] blind." “These people are so stupid. I almost feel bad taking advantage of them," one says. That man is now the head of ticketing for the unit responsible for Live Nation's 150 amphitheaters.

Live Nation earned $150M in interest alone in 2025. This comes from $7.1B in cash on their balance sheet. But most of it isn't theirs. ➤ $4.0B from fans: tickets sold for future shows ➤ $1.6B for venues: client cash owed ➤ $225M for artists: accrued fees Live Nation parks it in money market funds and bank deposits and pockets all the yield. You paid for the ticket. They earn the interest.

Big thanks to @KYDNimale, co-founder of @kydlabs, for joining us on Crypto Mavericks. We talked about how KYD Labs are using Solana DeFi to rethink ticketing, give venues new access to liquidity, fight fraud and predatory resale, and turn ticket revenue into real-world on-chain assets. One of the best examples of blockchain solving an actual industry problem. Watch here: youtu.be/MnHhL2BnMlU





