{{Short description|Online ticket-reselling market}} {{Orphan|date=September 2020}}
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'''CashorTrade''' is a fan-to-fan face-value ticket-reselling market created in 2009 by brothers Brando and Dusty Rich based in Burlington, Vermont.<ref>{{cite web |last1=DeFilippo |first1=Chuck |title=Exclusive: CashorTrade Rejuvenates Music Community at Face-Value |url=https://nysmusic.com/2019/06/13/exclusive-cashortrade-rejuvenates-music-community-at-face-value/ |website=NYS Music |access-date=8 May 2020 |date=13 June 2019}}</ref> {{As of|2017|November}}, the platform had users from 20 countries and had processed over half a million transactions.<ref>{{Cite news|last=Weathers|first=Taraleigh|date=2 November 2017|title=How a Vermont Tech Startup is Disrupting the Concert-Going Experience as we Know It.|work=Huffington Post|url=https://www.huffpost.com/entry/how-a-vermont-tech-startup-is-disrupting-the-concert_b_59f20042e4b06ae9067ab6c1|access-date=8 May 2020}}</ref> The platform offers an optional gold membership which provides early notice of available tickets for an annual fee.<ref>{{Cite news|last=Hallenbeck|first=Brent|date=June 29, 2018|title=Burlington site aims to make buying tickets fairer, take a bite out of StubHub|work=Burlington Free Press|url=https://www.burlingtonfreepress.com/story/entertainment/2018/06/29/cash-trade-burlington-site-strives-make-ticket-buying-fair/635272002/}}</ref>
==Overview== CashorTrade does not allow ticket-scalping (reselling tickets above the original price). The marketplace is user-policed; tickets sold above face value are flagged and removed. CashorTrade works with many artists and non-profits dedicated to keeping resale tickets at face value, including Twiddle, Greensky Bluegrass, Billy Strings, The Osiris Podcast Network, The Waterwheel Foundation and Phish.<ref>{{Cite web|url=https://cashortrade.org/partners|title=Face Value Tickets for Cash or Trade}}</ref><ref>{{Cite web|title=How Cashortrade Moved 50K Phish Tix at Face Value|url=https://www.pollstar.com/article/how-cash-or-trade-moved-50k-phish-tix-at-face-value-134056|website=www.pollstar.com|date=19 December 2017 |access-date=2020-05-08}}</ref>
==History== The service began as a tent in the Phish parking lot outside shows in 2009. The Rich brothers began creating an online interface for the platform; the app is now available for both iPhone and Android users.{{Citation needed|date=May 2020}}
In June 2019, CashorTrade launched an escrow service, providing a money-back guarantee on all purchases.<ref>{{Cite web|url=https://www.jambase.com/article/cashortrade-traders-protection-under-the-scales|title=CashOrTrade's Brando Rich Appears On Under The Scales & Launches Trader's Protection|date=June 18, 2019|website=JamBase}}</ref><ref>{{cite web |title=Cash Or Trade Launches New Escrow Service |url=https://mirth-films.com/2019/06/20/cash-or-trade-launches-new-escrow-service/ |website=Mirth Films |date=20 June 2019}}</ref>
==References== {{reflist}}
==External links== * [https://www.rootsmusicmagazine.com/post/2018/04/02/the-fight-for-face-value Roots Magazine] * [https://nysmusic.com/2019/06/18/cashortrade-or-refund-guaranteed/ NYSMusic.com] * [https://www.al.com/entertainment/2017/11/concert_tickets_resale.html AL Entertainment]
Category:Ticket sales companies