Artificial Scarcity and Exploitation by Centralized Platforms

Centralized Platforms — whether they are ticketing services, streaming providers, or social media networks—have weaponized artificial scarcity to maximize profits at the expense of fans.

For example:

i. Ticketing Monopolies: Platforms like Ticketmaster dominate the live event space, imposing exorbitant fees, dynamic pricing models, and restrictive resale policies. These practices create unnecessary friction for fans seeking access to concerts, festivals, and other live experiences.

ii. Streaming Fragmentation: Music, movies, and TV shows are scattered across multiple subscription-based platforms, forcing fans to pay for multiple services to access fragmented content libraries. This "subscription fatigue" alienates users and diminishes their overall satisfaction.

iii. Data Exploitation: Centralized platforms collect vast amounts of user data but fail to compensate fans for their contributions. Instead, this data is sold to advertisers or used to manipulate consumer behaviours, further eroding trust and transparency.